Kimberly-Clark Corporation $KMB Shares Acquired by CW Advisors LLC

CW Advisors LLC boosted its holdings in Kimberly-Clark Corporation (NASDAQ:KMB) by 76.1% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 61,457 shares of the company’s stock after buying an additional 26,560 shares during the quarter. CW Advisors LLC’s holdings in Kimberly-Clark were worth $7,923,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Investment Research & Advisory Group Inc. acquired a new position in shares of Kimberly-Clark in the 2nd quarter worth $25,000. Princeton Global Asset Management LLC lifted its holdings in shares of Kimberly-Clark by 989.5% during the second quarter. Princeton Global Asset Management LLC now owns 207 shares of the company’s stock valued at $27,000 after purchasing an additional 188 shares during the last quarter. Winnow Wealth LLC acquired a new position in shares of Kimberly-Clark in the 2nd quarter valued at $27,000. Financial Network Wealth Advisors LLC boosted its position in shares of Kimberly-Clark by 176.1% in the 1st quarter. Financial Network Wealth Advisors LLC now owns 196 shares of the company’s stock valued at $28,000 after purchasing an additional 125 shares during the period. Finally, Vermillion & White Wealth Management Group LLC increased its stake in Kimberly-Clark by 105.8% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 247 shares of the company’s stock worth $32,000 after purchasing an additional 127 shares in the last quarter. Institutional investors own 76.29% of the company’s stock.

Analysts Set New Price Targets

Several research firms have issued reports on KMB. JPMorgan Chase & Co. boosted their price objective on Kimberly-Clark from $127.00 to $129.00 and gave the stock a “neutral” rating in a report on Friday, October 31st. UBS Group lifted their target price on shares of Kimberly-Clark from $130.00 to $132.00 and gave the stock a “neutral” rating in a research report on Friday, October 31st. Argus upgraded shares of Kimberly-Clark from a “hold” rating to a “buy” rating and set a $120.00 price target for the company in a research report on Thursday, November 13th. BNP Paribas Exane decreased their price objective on shares of Kimberly-Clark from $127.00 to $110.00 and set a “neutral” rating for the company in a research note on Monday. Finally, Wells Fargo & Company cut their target price on shares of Kimberly-Clark from $129.00 to $110.00 and set an “equal weight” rating on the stock in a research note on Tuesday, November 4th. Three analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $126.00.

Kimberly-Clark Stock Performance

Shares of KMB opened at $104.94 on Friday. The company has a market capitalization of $34.83 billion, a PE ratio of 17.76, a PEG ratio of 3.92 and a beta of 0.25. The company has a debt-to-equity ratio of 4.41, a quick ratio of 0.56 and a current ratio of 0.77. The company’s 50 day moving average price is $112.88 and its 200 day moving average price is $124.98. Kimberly-Clark Corporation has a 52 week low of $99.22 and a 52 week high of $150.45.

Kimberly-Clark (NASDAQ:KMB) last released its earnings results on Thursday, October 30th. The company reported $1.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.45 by $0.37. Kimberly-Clark had a net margin of 10.89% and a return on equity of 183.11%. The company had revenue of $4.15 billion during the quarter, compared to the consensus estimate of $4.14 billion. During the same quarter in the prior year, the firm earned $1.83 EPS. The company’s revenue was up .1% compared to the same quarter last year. Research analysts expect that Kimberly-Clark Corporation will post 7.5 EPS for the current fiscal year.

Kimberly-Clark Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, January 5th. Shareholders of record on Friday, December 5th will be given a $1.26 dividend. This represents a $5.04 annualized dividend and a yield of 4.8%. The ex-dividend date of this dividend is Friday, December 5th. Kimberly-Clark’s dividend payout ratio is presently 85.28%.

Kimberly-Clark Profile

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