Rothschild Investment Corp IL lowered its stake in shares of Kimberly-Clark Corporation (NYSE:KMB) by 4.9% during the second quarter, Holdings Channel reports. The institutional investor owned 2,625 shares of the company’s stock after selling 135 shares during the period. Rothschild Investment Corp IL’s holdings in Kimberly-Clark Corporation were worth $339,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. Winch Advisory Services LLC raised its position in shares of Kimberly-Clark Corporation by 0.6% in the first quarter. Winch Advisory Services LLC now owns 1,396 shares of the company’s stock valued at $184,000 after buying an additional 8 shares in the last quarter. Alpha Windward LLC raised its position in shares of Kimberly-Clark Corporation by 0.4% in the first quarter. Alpha Windward LLC now owns 2,371 shares of the company’s stock valued at $312,000 after buying an additional 10 shares in the last quarter. Genesee Valley Trust Co. raised its position in shares of Kimberly-Clark Corporation by 0.6% in the first quarter. Genesee Valley Trust Co. now owns 2,545 shares of the company’s stock valued at $335,000 after buying an additional 15 shares in the last quarter. Kistler Tiffany Companies LLC raised its position in shares of Kimberly-Clark Corporation by 0.5% in the first quarter. Kistler Tiffany Companies LLC now owns 2,909 shares of the company’s stock valued at $383,000 after buying an additional 15 shares in the last quarter. Finally, Stratford Consulting LLC raised its position in shares of Kimberly-Clark Corporation by 0.8% in the first quarter. Stratford Consulting LLC now owns 2,019 shares of the company’s stock valued at $266,000 after buying an additional 16 shares in the last quarter. Hedge funds and other institutional investors own 70.15% of the company’s stock.

Shares of Kimberly-Clark Corporation (KMB) traded up 0.66% during midday trading on Monday, reaching $121.44. 255,452 shares of the company’s stock were exchanged. The stock has a market capitalization of $42.91 billion, a P/E ratio of 20.28 and a beta of 0.76. The firm has a 50-day moving average of $125.09 and a 200-day moving average of $128.50. Kimberly-Clark Corporation has a 12-month low of $111.30 and a 12-month high of $136.21.

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

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 3rd. Shareholders of record on Friday, September 8th will be issued a $0.97 dividend. The ex-dividend date of this dividend is Thursday, September 7th. This represents a $3.88 annualized dividend and a yield of 3.22%. Kimberly-Clark Corporation’s dividend payout ratio (DPR) is presently 64.88%.

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Several equities analysts have recently weighed in on the stock. Citigroup Inc. set a $134.00 price objective on shares of Kimberly-Clark Corporation and gave the company a “sell” rating in a report on Friday, July 7th. Jefferies Group LLC dropped their price objective on shares of Kimberly-Clark Corporation from $134.00 to $133.00 and set a “hold” rating on the stock in a report on Tuesday, April 25th. Zacks Investment Research lowered shares of Kimberly-Clark Corporation from a “hold” rating to a “sell” rating in a report on Friday, July 7th. BidaskClub lowered shares of Kimberly-Clark Corporation from a “sell” rating to a “strong sell” rating in a report on Monday, July 31st. Finally, Goldman Sachs Group, Inc. (The) set a $157.00 price objective on shares of Kimberly-Clark Corporation and gave the company a “buy” rating in a report on Monday, June 19th. Four research analysts have rated the stock with a sell rating, twelve have issued a hold rating and one has issued a buy rating to the company’s stock. Kimberly-Clark Corporation presently has an average rating of “Hold” and an average target price of $133.07.

In other news, SVP Thomas J. Mielke sold 20,108 shares of Kimberly-Clark Corporation stock in a transaction that occurred on Tuesday, May 16th. The shares were sold at an average price of $128.11, for a total value of $2,576,035.88. Following the completion of the sale, the senior vice president now directly owns 23,543 shares in the company, valued at $3,016,093.73. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Robert W. Decherd purchased 1,500 shares of Kimberly-Clark Corporation stock in a transaction dated Thursday, August 3rd. The stock was bought at an average price of $122.21 per share, with a total value of $183,315.00. Following the completion of the purchase, the director now directly owns 43,444 shares of the company’s stock, valued at $5,309,291.24. The disclosure for this purchase can be found here. 0.56% of the stock is currently owned by insiders.

Kimberly-Clark Corporation Company 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.

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

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