National Pension Service Has $60.59 Million Stock Holdings in Kimberly-Clark Co. (NYSE:KMB)

National Pension Service lifted its holdings in Kimberly-Clark Co. (NYSE:KMBGet Rating) by 1.0% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 491,980 shares of the company’s stock after purchasing an additional 4,799 shares during the quarter. National Pension Service owned about 0.15% of Kimberly-Clark worth $60,592,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. First Affirmative Financial Network boosted its position in Kimberly-Clark by 18.1% during the 1st quarter. First Affirmative Financial Network now owns 2,220 shares of the company’s stock worth $273,000 after acquiring an additional 340 shares during the last quarter. Norges Bank acquired a new position in Kimberly-Clark during the 4th quarter worth approximately $473,552,000. Van ECK Associates Corp acquired a new position in Kimberly-Clark during the 1st quarter worth approximately $559,000. Integrated Advisors Network LLC boosted its position in Kimberly-Clark by 25.4% during the 1st quarter. Integrated Advisors Network LLC now owns 1,857 shares of the company’s stock worth $229,000 after acquiring an additional 376 shares during the last quarter. Finally, AGF Investments LLC boosted its position in Kimberly-Clark by 2,379.5% during the 1st quarter. AGF Investments LLC now owns 6,397 shares of the company’s stock worth $788,000 after acquiring an additional 6,139 shares during the last quarter. Institutional investors and hedge funds own 74.36% of the company’s stock.

Kimberly-Clark Stock Down 1.5 %

KMB opened at $125.50 on Friday. Kimberly-Clark Co. has a 1-year low of $117.32 and a 1-year high of $145.79. The stock’s fifty day simple moving average is $133.13 and its 200 day simple moving average is $130.64. The company has a current ratio of 0.79, a quick ratio of 0.47 and a debt-to-equity ratio of 10.37. The stock has a market cap of $42.37 billion, a PE ratio of 23.72, a price-to-earnings-growth ratio of 4.46 and a beta of 0.31.

Kimberly-Clark (NYSE:KMBGet Rating) last posted its quarterly earnings results on Tuesday, July 26th. The company reported $1.34 earnings per share for the quarter, missing analysts’ consensus estimates of $1.35 by ($0.01). Kimberly-Clark had a net margin of 8.87% and a return on equity of 249.60%. The business had revenue of $5.06 billion during the quarter, compared to the consensus estimate of $4.99 billion. During the same quarter last year, the company posted $1.47 EPS. The firm’s revenue was up 7.2% on a year-over-year basis. As a group, research analysts expect that Kimberly-Clark Co. will post 5.64 earnings per share for the current year.

Kimberly-Clark Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 4th. Investors of record on Friday, September 9th will be paid a $1.16 dividend. This represents a $4.64 dividend on an annualized basis and a yield of 3.70%. The ex-dividend date of this dividend is Thursday, September 8th. Kimberly-Clark’s dividend payout ratio (DPR) is presently 87.71%.

Analysts Set New Price Targets

A number of equities analysts have weighed in on KMB shares. Barclays reduced their price target on Kimberly-Clark from $129.00 to $124.00 and set an “equal weight” rating for the company in a research report on Monday, May 23rd. StockNews.com upgraded Kimberly-Clark from a “hold” rating to a “buy” rating in a research note on Friday, July 22nd. Finally, UBS Group upped their price objective on Kimberly-Clark from $136.00 to $142.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 27th. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, Kimberly-Clark presently has a consensus rating of “Hold” and a consensus target price of $131.14.

Kimberly-Clark Profile

(Get Rating)

Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care and consumer tissue products worldwide. It operates through three segments: Personal Care, Consumer Tissue, and K-C Professional. The Personal Care segment offers disposable diapers, swimpants, training and youth pants, baby wipes, feminine and incontinence care products, and other related products under the Huggies, Pull-Ups, Little Swimmers, GoodNites, DryNites, Sweety, Kotex, U by Kotex, Intimus, Depend, Plenitud, Softex, Poise, and other brand names.

Further Reading

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

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