Canandaigua National Bank & Trust Co. Purchases New Stake in Kimberly-Clark Corporation $KMB

Canandaigua National Bank & Trust Co. purchased a new stake in shares of Kimberly-Clark Corporation (NASDAQ:KMB) during the second quarter, HoldingsChannel reports. The institutional investor purchased 17,618 shares of the company’s stock, valued at approximately $1,934,000.

Several other institutional investors also recently bought and sold shares of KMB. Darwin Wealth Management LLC purchased a new position in shares of Kimberly-Clark in the 2nd quarter valued at $27,000. Godfrey Financial Associates Inc. purchased a new position in Kimberly-Clark in the fourth quarter valued at about $25,000. Eagle Bay Advisors LLC acquired a new position in shares of Kimberly-Clark during the fourth quarter worth about $28,000. CrossGen Wealth LLC purchased a new stake in shares of Kimberly-Clark in the fourth quarter worth about $27,000. Finally, Newbridge Financial Services Group Inc. boosted its position in shares of Kimberly-Clark by 96.6% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 285 shares of the company’s stock worth $29,000 after buying an additional 140 shares during the period. 76.29% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts recently commented on KMB shares. Wells Fargo & Company raised their target price on Kimberly-Clark from $100.00 to $110.00 and gave the company an “equal weight” rating in a report on Wednesday, July 8th. Bank of America lowered their price objective on shares of Kimberly-Clark from $130.00 to $120.00 and set a “buy” rating for the company in a research report on Friday, April 10th. TD Cowen lifted their price objective on shares of Kimberly-Clark from $96.00 to $104.00 and gave the company a “hold” rating in a research note on Wednesday. Piper Sandler boosted their target price on shares of Kimberly-Clark from $115.00 to $121.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 17th. Finally, Barclays upped their target price on shares of Kimberly-Clark from $101.00 to $115.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 21st. Four investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $117.93.

Kimberly-Clark Price Performance

Shares of NASDAQ:KMB opened at $112.37 on Thursday. The company has a market capitalization of $37.30 billion, a PE ratio of 19.11, a price-to-earnings-growth ratio of 5.02 and a beta of 0.26. The company has a debt-to-equity ratio of 3.45, a quick ratio of 0.55 and a current ratio of 0.91. The stock has a fifty day moving average of $106.43 and a 200-day moving average of $102.73. Kimberly-Clark Corporation has a one year low of $92.42 and a one year high of $137.46.

Kimberly-Clark (NASDAQ:KMB) last announced its earnings results on Tuesday, August 4th. The company reported $1.80 EPS for the quarter, missing the consensus estimate of $2.01 by ($0.21). The firm had revenue of $4.19 billion during the quarter, compared to analyst estimates of $4.22 billion. Kimberly-Clark had a return on equity of 143.92% and a net margin of 11.79%.The business’s quarterly revenue was up .6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.92 earnings per share. As a group, equities analysts anticipate that Kimberly-Clark Corporation will post 7.45 EPS for the current fiscal year.

Kimberly-Clark Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Shareholders of record on Friday, September 4th will be given a dividend of $1.28 per share. This represents a $5.12 annualized dividend and a yield of 4.6%. The ex-dividend date is Friday, September 4th. Kimberly-Clark’s payout ratio is presently 87.07%.

Key Kimberly-Clark News

Here are the key news stories impacting Kimberly-Clark this week:

• Positive Sentiment: Second-quarter adjusted operating profit rose 6.2% year over year, supported by productivity savings, volume-plus-mix gains and gross-margin expansion. Adjusted EPS was $1.80, although results remained below analysts’ expectations. Kimberly-Clark second-quarter results
• Positive Sentiment: Kimberly-Clark declared a quarterly dividend of $1.28 per share, reinforcing its income appeal with an indicated annualized yield of approximately 4.6%. Kimberly-Clark dividend announcement
• Positive Sentiment: A plant-based fiber initiative could eventually reduce reliance on traditional wood fibers in paper towels, offering potential long-term manufacturing and sustainability benefits. Kimberly-Clark plant-based fiber initiative
• Neutral Sentiment: Management said the pending Kenvue acquisition remains on track to close by year-end, but investors will continue to assess the transaction’s execution risks and effect on leverage. Kimberly-Clark 2026 second-quarter presentation
• Negative Sentiment: Revenue of roughly $4.19 billion increased only 0.6% year over year and missed the $4.22 billion consensus estimate. Reported profit also declined, while adjusted EPS of $1.80 fell short of the $2.01 analyst consensus cited in the company coverage. Kimberly-Clark second-quarter sales report
• Negative Sentiment: Kimberly-Clark lowered its 2026 sales and profit outlook, saying organic sales growth should trail weighted-average category growth by about 100 basis points. False social-media allegations regarding Huggies diaper quality significantly disrupted China sales and remain the main near-term overhang. Reuters report on Kimberly-Clark guidance
• Negative Sentiment: TD Cowen analyst Robert Moskow maintained a Hold rating despite raising his price target to $104, citing near-term volatility and operational challenges. TD Cowen Kimberly-Clark rating

Kimberly-Clark Profile

Kimberly-Clark Corporation is a U.S.-based multinational manufacturer of personal care and consumer tissue products. The company develops, produces and markets a range of consumer brands and professional products, including facial and bathroom tissues, disposable diapers and training pants, feminine care, incontinence products and workplace hygiene solutions. Known for consumer-facing names such as Kleenex, Huggies, Kotex, Cottonelle and Scott, as well as professional offerings under Kimberly-Clark Professional and KleenGuard, the company supplies goods to retail, healthcare and institutional customers.

Founded in 1872 in Neenah, Wisconsin, Kimberly-Clark has expanded from its 19th-century paper-making roots into a global household and workplace products company.