BlueMountain Capital Management LLC raised its stake in shares of Kimberly-Clark Corporation (NYSE:KMB) by 1.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 19,769 shares of the company’s stock after purchasing an additional 267 shares during the period. BlueMountain Capital Management LLC’s holdings in Kimberly-Clark Corporation were worth $2,552,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Martin Investment Management LLC acquired a new position in Kimberly-Clark Corporation during the second quarter valued at approximately $443,000. Pax World Management LLC grew its holdings in Kimberly-Clark Corporation by 7.7% during the second quarter. Pax World Management LLC now owns 2,784 shares of the company’s stock valued at $359,000 after purchasing an additional 200 shares during the last quarter. Boston Family Office LLC grew its holdings in Kimberly-Clark Corporation by 0.8% during the second quarter. Boston Family Office LLC now owns 11,588 shares of the company’s stock valued at $1,496,000 after purchasing an additional 90 shares during the last quarter. Legal & General Group Plc grew its holdings in Kimberly-Clark Corporation by 3.7% during the first quarter. Legal & General Group Plc now owns 1,918,510 shares of the company’s stock valued at $252,551,000 after purchasing an additional 68,776 shares during the last quarter. Finally, Strategy Asset Managers LLC grew its holdings in Kimberly-Clark Corporation by 80.0% during the second quarter. Strategy Asset Managers LLC now owns 3,128 shares of the company’s stock valued at $404,000 after purchasing an additional 1,390 shares during the last quarter. Institutional investors own 70.40% of the company’s stock.

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Kimberly-Clark Corporation (KMB) opened at $114.32 on Friday. The company has a market capitalization of $40,420.00, a price-to-earnings ratio of 18.75, a P/E/G ratio of 2.98 and a beta of 0.74. Kimberly-Clark Corporation has a 12-month low of $109.67 and a 12-month high of $136.21. The company has a debt-to-equity ratio of 14.17, a current ratio of 0.97 and a quick ratio of 0.64.

Kimberly-Clark Corporation (NYSE:KMB) last issued its earnings results on Monday, October 23rd. The company reported $1.60 EPS for the quarter, topping the consensus estimate of $1.54 by $0.06. The firm had revenue of $4.64 billion during the quarter, compared to analysts’ expectations of $4.65 billion. Kimberly-Clark Corporation had a return on equity of 666.97% and a net margin of 11.89%. Kimberly-Clark Corporation’s quarterly revenue was up 1.0% compared to the same quarter last year. During the same period last year, the business earned $1.52 earnings per share. analysts predict that Kimberly-Clark Corporation will post 6.2 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 3rd. Investors of record on Friday, December 8th will be given a $0.97 dividend. The ex-dividend date is Thursday, December 7th. This represents a $3.88 annualized dividend and a yield of 3.39%. Kimberly-Clark Corporation’s dividend payout ratio (DPR) is currently 64.03%.

KMB has been the topic of several research analyst reports. Societe Generale upgraded shares of Kimberly-Clark Corporation from a “hold” rating to a “buy” rating and raised their price objective for the stock from $112.05 to $144.00 in a research note on Thursday, November 2nd. Berenberg Bank restated a “hold” rating on shares of Kimberly-Clark Corporation in a research note on Thursday, July 27th. Citigroup Inc. set a $132.00 price objective on shares of Kimberly-Clark Corporation and gave the stock a “hold” rating in a research note on Wednesday, July 26th. Royal Bank Of Canada restated a “hold” rating and issued a $121.00 price objective on shares of Kimberly-Clark Corporation in a research note on Friday, September 8th. Finally, Jefferies Group LLC restated a “hold” rating and issued a $119.00 price objective on shares of Kimberly-Clark Corporation in a research note on Thursday, September 7th. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating and two have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $127.14.

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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