Fisher Asset Management LLC grew its holdings in Kimberly-Clark Corporation (NYSE:KMB) by 37.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,611 shares of the company’s stock after buying an additional 977 shares during the quarter. Fisher Asset Management LLC’s holdings in Kimberly-Clark Corporation were worth $466,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Tortoise Investment Management LLC lifted its holdings in shares of Kimberly-Clark Corporation by 4.7% in the 1st 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 period. Acrospire Investment Management LLC lifted its holdings in shares of Kimberly-Clark Corporation by 125.0% in the 1st quarter. Acrospire Investment Management LLC now owns 900 shares of the company’s stock valued at $118,000 after buying an additional 500 shares during the period. Armbruster Capital Management Inc. lifted its holdings in shares of Kimberly-Clark Corporation by 38.5% in the 1st quarter. Armbruster Capital Management Inc. now owns 900 shares of the company’s stock valued at $118,000 after buying an additional 250 shares during the period. Heritage Trust Co acquired a new stake in shares of Kimberly-Clark Corporation in the 1st quarter valued at approximately $118,000. Finally, Sterling Investment Advisors Ltd. lifted its holdings in shares of Kimberly-Clark Corporation by 63.8% in the 1st quarter. Sterling Investment Advisors Ltd. now owns 1,027 shares of the company’s stock valued at $135,000 after buying an additional 400 shares during the period. 70.09% of the stock is owned by institutional investors and hedge funds.

Several research firms have recently commented on KMB. Macquarie began coverage on Kimberly-Clark Corporation in a report on Friday, September 15th. They issued a “neutral” rating and a $121.00 price target for the company. Royal Bank Of Canada reissued a “hold” rating and issued a $121.00 price target on shares of Kimberly-Clark Corporation in a report on Friday, September 8th. Jefferies Group LLC reissued a “hold” rating and issued a $119.00 price target on shares of Kimberly-Clark Corporation in a report on Thursday, September 7th. Zacks Investment Research raised Kimberly-Clark Corporation from a “sell” rating to a “hold” rating in a report on Thursday, August 24th. Finally, Citigroup Inc. reissued a “neutral” rating and issued a $131.00 price target (down from $132.00) on shares of Kimberly-Clark Corporation in a report on Friday, August 11th. Three analysts have rated the stock with a sell rating, fourteen have given a hold rating and one has given a buy rating to the company. Kimberly-Clark Corporation has an average rating of “Hold” and a consensus price target of $132.07.

Kimberly-Clark Corporation (NYSE KMB) traded up 0.32% during trading on Monday, reaching $117.90. The company’s stock had a trading volume of 644,223 shares. The firm has a market capitalization of $41.65 billion, a P/E ratio of 19.69 and a beta of 0.78. Kimberly-Clark Corporation has a 52 week low of $111.30 and a 52 week high of $136.21. The firm has a 50-day moving average price of $121.49 and a 200-day moving average price of $127.61.

Kimberly-Clark Corporation (NYSE:KMB) last released its earnings results on Tuesday, July 25th. The company reported $1.49 earnings per share 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 firm’s revenue for the quarter was down .7% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.53 earnings per share. On average, equities 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 given a $0.97 dividend. The ex-dividend date is Thursday, September 7th. This represents a $3.88 dividend on an annualized basis and a yield of 3.30%. Kimberly-Clark Corporation’s dividend payout ratio (DPR) is 64.88%.

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In other news, Director Robert W. Decherd bought 1,500 shares of the business’s stock in a transaction on Thursday, August 3rd. The stock was purchased at an average cost of $122.21 per share, for a total transaction 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 acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.56% of the company’s stock.

About Kimberly-Clark Corporation

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.

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

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