Clear Perspective Advisors LLC continued to hold its stake in shares of Kimberly-Clark Corporation (NYSE:KMB) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,855 shares of the company’s stock at the close of the second quarter. Clear Perspective Advisors LLC’s holdings in Kimberly-Clark were worth $239,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Heritage Trust Co grew its holdings in shares of Kimberly-Clark by 11.2% in the second quarter. Heritage Trust Co now owns 995 shares of the company’s stock worth $128,000 after purchasing an additional 100 shares during the last quarter. Sterling Investment Advisors Ltd. lifted its stake in Kimberly-Clark by 63.8% in the first quarter. Sterling Investment Advisors Ltd. now owns 1,027 shares of the company’s stock worth $135,000 after acquiring an additional 400 shares during the period. Armbruster Capital Management Inc. lifted its stake in Kimberly-Clark by 15.9% in the second quarter. Armbruster Capital Management Inc. now owns 1,043 shares of the company’s stock worth $135,000 after acquiring an additional 143 shares during the period. Mosaic Family Wealth LLC lifted its stake in Kimberly-Clark by 0.5% in the second quarter. Mosaic Family Wealth LLC now owns 1,116 shares of the company’s stock worth $144,000 after acquiring an additional 6 shares during the period. Finally, Acrospire Investment Management LLC lifted its stake in Kimberly-Clark by 33.3% in the second quarter. Acrospire Investment Management LLC now owns 1,200 shares of the company’s stock worth $155,000 after acquiring an additional 300 shares during the period. Hedge funds and other institutional investors own 71.60% of the company’s stock.

Shares of Kimberly-Clark Corporation (NYSE KMB) traded up $0.75 during trading on Friday, reaching $120.51. The company’s stock had a trading volume of 2,060,000 shares, compared to its average volume of 2,320,000. The company has a debt-to-equity ratio of 14.17, a current ratio of 0.97 and a quick ratio of 0.64. The stock has a market capitalization of $42,660.00, a price-to-earnings ratio of 19.59, a P/E/G ratio of 3.11 and a beta of 0.74. Kimberly-Clark Corporation has a fifty-two week low of $109.67 and a fifty-two week high of $136.21.

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

The company 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. This represents a $3.88 annualized dividend and a yield of 3.22%. The ex-dividend date of this dividend is Thursday, December 7th. Kimberly-Clark’s dividend payout ratio is currently 64.03%.

A number of analysts recently commented on the company. Zacks Investment Research raised Kimberly-Clark from a “sell” rating to a “hold” rating in a research note on Thursday, November 2nd. Societe Generale raised Kimberly-Clark from a “hold” rating to a “buy” rating and raised their price target for the stock from $112.05 to $144.00 in a research note on Thursday, November 2nd. Citigroup dropped their price target on Kimberly-Clark from $125.00 to $124.00 and set a “neutral” rating for the company in a research note on Friday, October 27th. Barclays reaffirmed a “hold” rating on shares of Kimberly-Clark in a research note on Thursday, October 26th. Finally, Bank of America dropped their price target on Kimberly-Clark from $123.00 to $120.00 and set a “neutral” rating for the company in a research note on Tuesday, October 24th. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and two have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $127.14.

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Kimberly-Clark 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.

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

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