Kimberly-Clark Corporation (NYSE:KMB) posted its quarterly earnings data on Tuesday, July 25th. The company reported $1.49 EPS for the quarter, hitting the consensus estimate of $1.49, Morningstar.com reports. Kimberly-Clark Corporation had a return on equity of 636.30% and a net margin of 11.82%. The firm had revenue of $4.55 billion for the quarter, compared to the consensus estimate of $4.56 billion. During the same quarter last year, the company earned $1.53 earnings per share. The business’s revenue for the quarter was down .7% compared to the same quarter last year.

Kimberly-Clark Corporation (NYSE KMB) traded down 0.73% during midday trading on Friday, hitting $121.39. The stock had a trading volume of 1,085,911 shares. The firm has a 50-day moving average of $123.72 and a 200-day moving average of $128.52. The company has a market cap of $42.89 billion, a PE ratio of 20.27 and a beta of 0.76. Kimberly-Clark Corporation has a 12-month low of $111.30 and a 12-month high of $136.21.

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

Several research analysts have recently commented on the company. B. Riley reaffirmed a “neutral” rating and issued a $128.00 price objective on shares of Kimberly-Clark Corporation in a research note on Sunday, April 23rd. BidaskClub raised Kimberly-Clark Corporation from a “hold” rating to a “buy” rating in a research note on Thursday, June 22nd. Goldman Sachs Group, Inc. (The) set a $157.00 price objective on Kimberly-Clark Corporation and gave the stock a “buy” rating in a research note on Monday, June 19th. Citigroup Inc. set a $132.00 target price on Kimberly-Clark Corporation and gave the stock a “hold” rating in a research report on Wednesday, July 26th. Finally, UBS AG reiterated a “neutral” rating and set a $119.00 target price (down previously from $120.00) on shares of Kimberly-Clark Corporation in a research report on Wednesday, July 26th. Four research 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. The company currently has an average rating of “Hold” and an average target price of $133.07.

In related news, insider Sergio Cruz sold 7,078 shares of the stock in a transaction that occurred on Wednesday, May 31st. The stock was sold at an average price of $130.01, for a total value of $920,210.78. Following the completion of the transaction, the insider now directly owns 4,910 shares in the company, valued at $638,349.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Robert W. Decherd acquired 1,500 shares of the stock in a transaction that occurred on Thursday, August 3rd. The stock was acquired at an average price of $122.21 per share, with a total value of $183,315.00. Following the completion of the transaction, the director now directly owns 43,444 shares of the company’s stock, valued at approximately $5,309,291.24. The disclosure for this purchase can be found here. Corporate insiders own 0.56% of the company’s stock.

Hedge funds and other institutional investors have recently modified their holdings of the company. Tortoise Investment Management LLC raised 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 during the last quarter. Acrospire Investment Management LLC boosted its position in Kimberly-Clark Corporation by 125.0% in the first quarter. Acrospire Investment Management LLC now owns 900 shares of the company’s stock worth $118,000 after buying an additional 500 shares during the period. Armbruster Capital Management Inc. boosted its position in Kimberly-Clark Corporation by 38.5% in the first quarter. Armbruster Capital Management Inc. now owns 900 shares of the company’s stock worth $118,000 after buying an additional 250 shares during the period. Heritage Trust Co purchased a new position in Kimberly-Clark Corporation during the first quarter worth approximately $118,000. Finally, V Wealth Management LLC purchased a new position in Kimberly-Clark Corporation during the second quarter worth approximately $123,000. Institutional investors own 70.15% of the company’s stock.

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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.

Earnings History for Kimberly-Clark Corporation (NYSE:KMB)

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