YHB Investment Advisors Inc. Has $399,000 Stake in Kimberly-Clark Corporation (KMB)
YHB Investment Advisors Inc. grew its stake in Kimberly-Clark Corporation (NYSE:KMB) by 6.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,089 shares of the company’s stock after acquiring an additional 194 shares during the quarter. YHB Investment Advisors Inc.’s holdings in Kimberly-Clark Corporation were worth $399,000 at the end of the most recent quarter.
Other large investors also recently modified their holdings of the company. Winch Advisory Services LLC boosted its position in Kimberly-Clark Corporation by 0.6% during the first quarter. Winch Advisory Services LLC now owns 1,396 shares of the company’s stock worth $184,000 after acquiring an additional 8 shares during the last quarter. Investment Partners Ltd. OH ADV grew its stake in Kimberly-Clark Corporation by 0.3% in the 2nd quarter. Investment Partners Ltd. OH ADV now owns 2,852 shares of the company’s stock worth $368,000 after acquiring an additional 8 shares during the period. Genesee Valley Trust Co. grew its stake in Kimberly-Clark Corporation by 0.6% in the 1st quarter. Genesee Valley Trust Co. now owns 2,545 shares of the company’s stock worth $335,000 after acquiring an additional 15 shares during the period. Kistler Tiffany Companies LLC grew its stake in Kimberly-Clark Corporation by 0.5% in the 1st quarter. Kistler Tiffany Companies LLC now owns 2,909 shares of the company’s stock worth $383,000 after acquiring an additional 15 shares during the period. Finally, Stratford Consulting LLC grew its stake in Kimberly-Clark Corporation by 0.7% in the 2nd quarter. Stratford Consulting LLC now owns 2,034 shares of the company’s stock worth $263,000 after acquiring an additional 15 shares during the period. Institutional investors and hedge funds own 70.10% of the company’s stock.
In other news, Director Robert W. Decherd acquired 1,500 shares of the business’s stock in a transaction that occurred on Thursday, August 3rd. The stock was acquired at an average cost of $122.21 per share, for a total transaction of $183,315.00. Following the completion of the acquisition, the director now owns 43,444 shares in the company, valued at $5,309,291.24. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.56% of the company’s stock.
Several research analysts have weighed in on the company. Berenberg Bank assumed coverage on Kimberly-Clark Corporation in a report on Friday, June 9th. They issued a “hold” rating and a $136.00 price target for the company. Goldman Sachs Group, Inc. (The) set a $157.00 price target on Kimberly-Clark Corporation and gave the stock a “buy” rating in a research note on Monday, June 19th. BidaskClub upgraded Kimberly-Clark Corporation from a “hold” rating to a “buy” rating in a report on Thursday, June 22nd. Jefferies Group LLC restated a “hold” rating and set a $122.00 price objective (down previously from $133.00) on shares of Kimberly-Clark Corporation in a report on Thursday, July 6th. Finally, Citigroup Inc. set a $134.00 price objective on Kimberly-Clark Corporation and gave the company a “sell” rating in a research report on Friday, July 7th. Three research 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. The stock has a consensus rating of “Hold” and a consensus price target of $132.07.
Shares of Kimberly-Clark Corporation (KMB) opened at 115.58 on Wednesday. The stock’s 50 day moving average price is $120.37 and its 200-day moving average price is $126.45. Kimberly-Clark Corporation has a one year low of $111.30 and a one year high of $136.21. The stock has a market cap of $40.83 billion, a PE ratio of 19.30 and a beta of 0.76.
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, meeting analysts’ consensus estimates of $1.49. Kimberly-Clark Corporation had a net margin of 11.82% and a return on equity of 636.30%. The company had revenue of $4.55 billion during the quarter, compared to analyst estimates of $4.56 billion. During the same quarter last year, the business posted $1.53 EPS. The company’s revenue for the quarter was down .7% on a year-over-year basis. On average, equities analysts predict that Kimberly-Clark Corporation will post $6.21 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Tuesday, October 3rd. Stockholders of record on Friday, September 8th were paid a $0.97 dividend. This represents a $3.88 dividend on an annualized basis and a dividend yield of 3.36%. The ex-dividend date of this dividend was Thursday, September 7th. Kimberly-Clark Corporation’s dividend payout ratio (DPR) is presently 64.88%.
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.
Receive News & Stock Ratings for Kimberly-Clark Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kimberly-Clark Corporation and related stocks with our FREE daily email newsletter.