Osborn Williams & Donohoe LLC decreased its position in shares of Kimberly-Clark Corporation (NYSE:KMB) by 2.6% during the second quarter, Holdings Channel reports. The fund owned 11,970 shares of the company’s stock after selling 324 shares during the period. Osborn Williams & Donohoe LLC’s holdings in Kimberly-Clark Corporation were worth $1,545,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of KMB. Tortoise Investment Management LLC boosted its position in shares of Kimberly-Clark Corporation by 4.7% in the first quarter. Tortoise Investment Management LLC now owns 758 shares of the company’s stock valued at $100,000 after buying an additional 34 shares in the last quarter. Acrospire Investment Management LLC boosted its position in shares of Kimberly-Clark Corporation by 125.0% in the first quarter. Acrospire Investment Management LLC now owns 900 shares of the company’s stock valued at $118,000 after buying an additional 500 shares in the last quarter. Armbruster Capital Management Inc. boosted its position in shares of Kimberly-Clark Corporation by 38.5% in the first quarter. Armbruster Capital Management Inc. now owns 900 shares of the company’s stock valued at $118,000 after buying an additional 250 shares in the last quarter. Heritage Trust Co purchased a new position in shares of Kimberly-Clark Corporation during the first quarter valued at about $118,000. Finally, V Wealth Management LLC purchased a new position in shares of Kimberly-Clark Corporation during the second quarter valued at about $123,000. Institutional investors and hedge funds own 70.62% of the company’s stock.

Shares of Kimberly-Clark Corporation (NYSE KMB) traded down 0.02% during trading on Friday, reaching $121.04. The company’s stock had a trading volume of 376,248 shares. The company has a 50-day moving average price of $125.40 and a 200-day moving average price of $128.48. The stock has a market cap of $42.76 billion, a price-to-earnings ratio of 20.21 and a beta of 0.76. Kimberly-Clark Corporation has a one year low of $111.30 and a one year high of $136.21.

Kimberly-Clark Corporation (NYSE:KMB) last posted its quarterly earnings results on Tuesday, July 25th. The company reported $1.49 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.49. Kimberly-Clark Corporation had a return on equity of 636.30% and a net margin of 11.82%. The business had revenue of $4.55 billion for the quarter, compared to the consensus estimate of $4.56 billion. During the same quarter in the prior year, the company earned $1.53 EPS. The business’s revenue was down .7% compared to the same quarter last year. On average, equities research analysts forecast that Kimberly-Clark Corporation will post $6.21 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 3rd. Stockholders of record on Friday, September 8th will be given a dividend of $0.97 per share. This represents a $3.88 dividend on an annualized basis and a dividend yield of 3.20%. The ex-dividend date of this dividend is Thursday, September 7th. Kimberly-Clark Corporation’s payout ratio is 64.88%.

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Several research analysts have recently issued reports on KMB shares. TheStreet upgraded shares of Kimberly-Clark Corporation from a “c+” rating to an “a-” rating in a report on Wednesday, April 26th. BidaskClub upgraded shares of Kimberly-Clark Corporation from a “hold” rating to a “buy” rating in a report on Thursday, June 22nd. Goldman Sachs Group, Inc. (The) set a $157.00 target price on shares of Kimberly-Clark Corporation and gave the stock a “buy” rating in a report on Monday, June 19th. Berenberg Bank started coverage on shares of Kimberly-Clark Corporation in a report on Friday, June 9th. They issued a “hold” rating and a $136.00 target price on the stock. Finally, Jefferies Group LLC restated a “hold” rating and issued a $133.00 target price on shares of Kimberly-Clark Corporation in a report on Wednesday, May 31st. Four analysts have rated the stock with a sell rating, twelve have given a hold rating and one has issued a buy rating to the company. Kimberly-Clark Corporation presently has a consensus rating of “Hold” and an average price target of $133.14.

In other news, Director Robert W. Decherd purchased 1,500 shares of the company’s stock in a transaction dated Thursday, August 3rd. The shares were acquired at an average price of $122.21 per share, with a total value of $183,315.00. Following the transaction, the director now owns 43,444 shares of the company’s stock, valued at $5,309,291.24. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, SVP Thomas J. Mielke sold 20,108 shares of the stock in a transaction on Tuesday, May 16th. The stock was sold at an average price of $128.11, for a total value of $2,576,035.88. Following the transaction, the senior vice president now directly owns 23,543 shares in the company, valued at approximately $3,016,093.73. The disclosure for this sale can be found here. 0.56% of the stock is currently owned by corporate insiders.

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.

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

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