TD Asset Management Inc. increased its holdings in Kimberly-Clark Corporation (NYSE:KMB) by 23.3% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 680,320 shares of the company’s stock after purchasing an additional 128,761 shares during the period. TD Asset Management Inc. owned approximately 0.19% of Kimberly-Clark Corporation worth $87,836,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Winch Advisory Services LLC increased its position in Kimberly-Clark Corporation by 0.6% in the first quarter. Winch Advisory Services LLC now owns 1,396 shares of the company’s stock worth $184,000 after purchasing an additional 8 shares during the last quarter. Investment Partners Ltd. OH ADV increased its position in Kimberly-Clark Corporation by 0.3% in the second quarter. Investment Partners Ltd. OH ADV now owns 2,852 shares of the company’s stock worth $368,000 after purchasing an additional 8 shares during the last quarter. Genesee Valley Trust Co. increased its position in Kimberly-Clark Corporation by 0.6% in the first quarter. Genesee Valley Trust Co. now owns 2,545 shares of the company’s stock worth $335,000 after purchasing an additional 15 shares during the last quarter. Kistler Tiffany Companies LLC increased its position in Kimberly-Clark Corporation by 0.5% in the first quarter. Kistler Tiffany Companies LLC now owns 2,909 shares of the company’s stock worth $383,000 after purchasing an additional 15 shares during the last quarter. Finally, Stratford Consulting LLC increased its position in Kimberly-Clark Corporation by 0.7% in the second quarter. Stratford Consulting LLC now owns 2,034 shares of the company’s stock worth $263,000 after purchasing an additional 15 shares during the last quarter. Institutional investors own 70.10% of the company’s stock.

Shares of Kimberly-Clark Corporation (KMB) opened at 115.39 on Friday. The stock’s 50 day moving average is $119.89 and its 200-day moving average is $126.19. The stock has a market capitalization of $40.77 billion, a price-to-earnings ratio of 19.27 and a beta of 0.76. Kimberly-Clark Corporation has a 52 week low of $111.30 and a 52 week high of $136.21.

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

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 3rd. Investors of record on Friday, September 8th were given a dividend of $0.97 per share. This represents a $3.88 dividend on an annualized basis and a dividend yield of 3.36%. The ex-dividend date of this dividend was Thursday, September 7th. Kimberly-Clark Corporation’s payout ratio is 64.88%.

In other Kimberly-Clark Corporation news, Director Robert W. Decherd acquired 1,500 shares of the business’s stock in a transaction that occurred on Thursday, August 3rd. The stock was purchased at an average cost 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 filing with the SEC, which is available at this link. 0.56% of the stock is currently owned by company insiders.

WARNING: “TD Asset Management Inc. Increases Position in Kimberly-Clark Corporation (KMB)” was first reported by Watch List News and is the property of of Watch List News. If you are accessing this news story on another publication, it was illegally copied and republished in violation of U.S. and international trademark & copyright laws. The original version of this news story can be read at https://www.watchlistnews.com/td-asset-management-inc-increases-position-in-kimberly-clark-corporation-kmb/1616670.html.

Several equities research analysts recently weighed in on KMB shares. BidaskClub upgraded shares of Kimberly-Clark Corporation from a “hold” rating to a “buy” rating in a research report on Thursday, June 22nd. Goldman Sachs Group, Inc. (The) set a $157.00 price target on shares of Kimberly-Clark Corporation and gave the stock a “buy” rating in a research report on Monday, June 19th. Berenberg Bank reaffirmed a “hold” rating on shares of Kimberly-Clark Corporation in a research note on Thursday, July 27th. Citigroup Inc. set a $132.00 price objective on shares of Kimberly-Clark Corporation and gave the stock a “hold” rating in a research note on Wednesday, July 26th. Finally, Jefferies Group LLC reaffirmed a “hold” rating and set a $122.00 price objective (down from $133.00) on shares of Kimberly-Clark Corporation in a research note on Thursday, July 6th. Three analysts have rated the stock with a sell rating, fourteen have issued a hold rating and one has assigned a buy rating to the company’s stock. Kimberly-Clark Corporation has an average rating of “Hold” and a consensus price target of $130.93.

Kimberly-Clark Corporation Profile

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.

Want to see what other hedge funds are holding KMB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kimberly-Clark Corporation (NYSE:KMB).

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

Receive News & Ratings for Kimberly-Clark Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kimberly-Clark Corporation and related companies with Analyst Ratings Network's FREE daily email newsletter.