Thrivent Financial For Lutherans lowered its stake in shares of Kimberly-Clark Corporation (NYSE:KMB) by 0.3% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 355,542 shares of the company’s stock after selling 1,109 shares during the quarter. Thrivent Financial For Lutherans owned approximately 0.10% of Kimberly-Clark Corporation worth $45,899,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Mosaic Family Wealth LLC grew its holdings in Kimberly-Clark Corporation by 0.5% during the 2nd quarter. Mosaic Family Wealth LLC now owns 1,116 shares of the company’s stock worth $144,000 after acquiring an additional 6 shares during the last quarter. Investment Partners Ltd. OH ADV grew its holdings in Kimberly-Clark Corporation by 0.3% during the 2nd quarter. Investment Partners Ltd. OH ADV now owns 2,852 shares of the company’s stock worth $368,000 after acquiring an additional 8 shares during the last quarter. Winch Advisory Services LLC grew its holdings in Kimberly-Clark Corporation by 0.6% during the 2nd quarter. Winch Advisory Services LLC now owns 1,404 shares of the company’s stock worth $181,000 after acquiring an additional 8 shares during the last quarter. Jackson Grant Investment Advisers Inc. grew its holdings in Kimberly-Clark Corporation by 0.6% during the 2nd quarter. Jackson Grant Investment Advisers Inc. now owns 2,480 shares of the company’s stock worth $320,000 after acquiring an additional 14 shares during the last quarter. Finally, Stratford Consulting LLC grew its holdings in Kimberly-Clark Corporation by 0.7% during the 2nd quarter. Stratford Consulting LLC now owns 2,034 shares of the company’s stock worth $263,000 after acquiring an additional 15 shares during the last quarter. 70.40% of the stock is currently owned by hedge funds and other institutional investors.

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Shares of Kimberly-Clark Corporation (KMB) opened at $114.32 on Friday. The firm has a market cap of $40,212.86, a P/E ratio of 18.71, a P/E/G ratio of 2.97 and a beta of 0.74. The company has a debt-to-equity ratio of 14.17, a current ratio of 0.97 and a quick ratio of 0.64. Kimberly-Clark Corporation has a 52-week low of $109.67 and a 52-week high of $136.21.

Kimberly-Clark Corporation (NYSE:KMB) last announced its quarterly earnings results on Monday, October 23rd. The company reported $1.60 earnings per share for the quarter, beating analysts’ consensus estimates of $1.54 by $0.06. The business had revenue of $4.64 billion for the quarter, compared to the consensus estimate of $4.65 billion. Kimberly-Clark Corporation had a net margin of 11.89% and a return on equity of 666.97%. Kimberly-Clark Corporation’s revenue for the quarter was up 1.0% on a year-over-year basis. During the same period last year, the company posted $1.52 EPS. research analysts predict that Kimberly-Clark Corporation will post 6.2 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 3rd. Shareholders of record on Friday, December 8th will be issued a dividend of $0.97 per share. The ex-dividend date is Thursday, December 7th. This represents a $3.88 annualized dividend and a yield of 3.39%. Kimberly-Clark Corporation’s dividend payout ratio (DPR) is currently 64.03%.

A number of brokerages have commented on KMB. Zacks Investment Research raised shares of Kimberly-Clark Corporation from a “sell” rating to a “hold” rating in a report on Thursday, November 2nd. Societe Generale raised shares of Kimberly-Clark Corporation from a “hold” rating to a “buy” rating and increased their price objective for the stock from $112.05 to $144.00 in a report on Thursday, November 2nd. Citigroup Inc. decreased their price objective on shares of Kimberly-Clark Corporation from $125.00 to $124.00 and set a “neutral” rating on the stock in a report on Friday, October 27th. Barclays PLC reissued a “hold” rating on shares of Kimberly-Clark Corporation in a report on Thursday, October 26th. Finally, Bank of America Corporation decreased their price objective on shares of Kimberly-Clark Corporation from $123.00 to $120.00 and set a “neutral” rating on the stock in a report on Tuesday, October 24th. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and two have assigned a buy rating to the stock. Kimberly-Clark Corporation has a consensus rating of “Hold” and a consensus price target of $127.14.

About Kimberly-Clark Corporation

Kimberly-Clark Corporation is engaged in the manufacturing and marketing of a range of products made from natural or synthetic fibers. The Company’s segments include Personal Care, Consumer Tissue, K-C Professional and Corporate & Other. The Company’s Personal Care segment offers various solutions and products, such as disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products.

Institutional Ownership by Quarter for Kimberly-Clark Corporation (NYSE:KMB)

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