D.A. Davidson & CO. raised its stake in Kimberly-Clark Corporation (NYSE:KMB) by 2.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 262,934 shares of the company’s stock after purchasing an additional 5,398 shares during the period. Kimberly-Clark Corporation comprises 0.8% of D.A. Davidson & CO.’s investment portfolio, making the stock its 28th biggest position. D.A. Davidson & CO. owned approximately 0.07% of Kimberly-Clark Corporation worth $33,947,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of KMB. Tortoise Investment Management LLC increased 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 acquiring an additional 34 shares during the last quarter. Heritage Trust Co increased its holdings in shares of Kimberly-Clark Corporation by 11.2% in the 2nd quarter. Heritage Trust Co now owns 995 shares of the company’s stock valued at $128,000 after acquiring an additional 100 shares during the last quarter. Sterling Investment Advisors Ltd. increased 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 acquiring an additional 400 shares during the last quarter. Armbruster Capital Management Inc. increased its holdings in shares of Kimberly-Clark Corporation by 15.9% in the 2nd quarter. Armbruster Capital Management Inc. now owns 1,043 shares of the company’s stock valued at $135,000 after acquiring an additional 143 shares during the last quarter. Finally, Mosaic Family Wealth LLC increased its holdings in shares of Kimberly-Clark Corporation by 0.5% in the 2nd quarter. Mosaic Family Wealth LLC now owns 1,116 shares of the company’s stock valued at $144,000 after acquiring an additional 6 shares during the last quarter. 70.60% of the stock is currently owned by institutional investors.

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

Kimberly-Clark Corporation (NYSE:KMB) opened at $115.35 on Tuesday. The stock has a market capitalization of $40,212.90, a P/E ratio of 18.71, a P/E/G ratio of 2.97 and a beta of 0.74. The company has a debt-to-equity ratio of 14.17, a quick ratio of 0.64 and a current ratio of 0.97. Kimberly-Clark Corporation has a 12 month low of $109.67 and a 12 month high of $136.21.

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

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 3rd. Shareholders of record on Friday, December 8th will be given a dividend of $0.97 per share. The ex-dividend date of this dividend is Thursday, December 7th. This represents a $3.88 dividend on an annualized basis and a yield of 3.36%. Kimberly-Clark Corporation’s payout ratio is 64.03%.

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Kimberly-Clark Corporation 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.

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

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