Epoch Investment Partners Inc. cut its stake in shares of Kimberly Clark Corp (NYSE:KMB) by 11.0% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,284,555 shares of the company’s stock after selling 159,344 shares during the period. Epoch Investment Partners Inc.’s holdings in Kimberly Clark were worth $146,362,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in KMB. Vanguard Group Inc. grew its position in Kimberly Clark by 1.0% in the third quarter. Vanguard Group Inc. now owns 26,068,811 shares of the company’s stock worth $2,962,461,000 after acquiring an additional 264,393 shares in the last quarter. Vanguard Group Inc grew its position in Kimberly Clark by 1.0% in the third quarter. Vanguard Group Inc now owns 26,068,811 shares of the company’s stock worth $2,962,461,000 after acquiring an additional 264,393 shares in the last quarter. BlackRock Inc. grew its position in Kimberly Clark by 3.4% in the fourth quarter. BlackRock Inc. now owns 24,634,126 shares of the company’s stock worth $2,806,813,000 after acquiring an additional 800,098 shares in the last quarter. Massachusetts Financial Services Co. MA grew its position in Kimberly Clark by 0.9% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 5,183,043 shares of the company’s stock worth $590,557,000 after acquiring an additional 47,837 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its position in Kimberly Clark by 10.9% in the third quarter. Bank of New York Mellon Corp now owns 4,844,101 shares of the company’s stock worth $550,483,000 after acquiring an additional 477,773 shares in the last quarter. 72.46% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Kimberly Clark stock opened at $118.45 on Friday. The company has a quick ratio of 0.49, a current ratio of 0.77 and a debt-to-equity ratio of 51.24. Kimberly Clark Corp has a 1-year low of $97.10 and a 1-year high of $120.48. The firm has a market capitalization of $40.80 billion, a PE ratio of 17.92, a PEG ratio of 3.26 and a beta of 0.59.

Kimberly Clark (NYSE:KMB) last issued its quarterly earnings data on Wednesday, January 23rd. The company reported $1.60 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.68 by ($0.08). Kimberly Clark had a return on equity of 1,156.45% and a net margin of 7.63%. The firm had revenue of $4.57 billion during the quarter, compared to analyst estimates of $4.47 billion. During the same quarter in the previous year, the firm posted $1.57 earnings per share. Kimberly Clark’s quarterly revenue was down .7% compared to the same quarter last year. As a group, analysts anticipate that Kimberly Clark Corp will post 6.59 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 2nd. Stockholders of record on Friday, March 8th will be paid a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a dividend yield of 3.48%. This is a boost from Kimberly Clark’s previous quarterly dividend of $1.00. The ex-dividend date of this dividend is Thursday, March 7th. Kimberly Clark’s payout ratio is presently 62.33%.

In other news, insider Anthony J. Palmer sold 6,122 shares of the business’s stock in a transaction on Friday, February 8th. The shares were sold at an average price of $115.11, for a total value of $704,703.42. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.64% of the stock is currently owned by insiders.

Several analysts have commented on KMB shares. Barclays reissued a “hold” rating and issued a $109.00 target price on shares of Kimberly Clark in a research report on Friday, January 25th. Morgan Stanley raised shares of Kimberly Clark from an “underweight” rating to an “equal weight” rating and boosted their target price for the stock from $107.00 to $113.00 in a research report on Thursday, January 24th. Zacks Investment Research downgraded shares of Kimberly Clark from a “buy” rating to a “hold” rating in a research report on Tuesday, January 15th. JPMorgan Chase & Co. raised shares of Kimberly Clark from a “neutral” rating to an “overweight” rating and set a $129.00 target price for the company in a research report on Friday, January 18th. Finally, ValuEngine downgraded shares of Kimberly Clark from a “buy” rating to a “hold” rating in a research report on Wednesday, January 2nd. Four equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $113.19.

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Kimberly Clark Profile

Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care, consumer tissue, and professional products worldwide. It operates through three segments: Personal Care, Consumer Tissue, and K-C Professional. The Personal Care segment offers disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products under the Huggies, Pull-Ups, Little Swimmers, GoodNites, DryNites, Kotex, U by Kotex, Intimus, Depend, Plenitud, Poise, and other brand names.

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

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