Kimberly-Clark Co. (NYSE:KMB) Shares Purchased by Orion Portfolio Solutions LLC

Orion Portfolio Solutions LLC raised its stake in shares of Kimberly-Clark Co. (NYSE:KMB) by 5.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,613 shares of the company’s stock after buying an additional 274 shares during the period. Orion Portfolio Solutions LLC’s holdings in Kimberly-Clark were worth $743,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Cadence Bank NA grew its stake in shares of Kimberly-Clark by 2.7% in the 3rd quarter. Cadence Bank NA now owns 2,895 shares of the company’s stock worth $384,000 after purchasing an additional 77 shares during the last quarter. Carroll Financial Associates Inc. boosted its holdings in shares of Kimberly-Clark by 1.5% during the third quarter. Carroll Financial Associates Inc. now owns 5,329 shares of the company’s stock worth $705,000 after purchasing an additional 78 shares during the period. International Assets Investment Management LLC boosted its holdings in shares of Kimberly-Clark by 4.7% during the third quarter. International Assets Investment Management LLC now owns 1,974 shares of the company’s stock worth $261,000 after purchasing an additional 88 shares during the period. Windward Capital Management Co. CA raised its position in Kimberly-Clark by 0.4% during the third quarter. Windward Capital Management Co. CA now owns 23,895 shares of the company’s stock valued at $3,165,000 after acquiring an additional 89 shares in the last quarter. Finally, Clearview Wealth Advisors LLC raised its position in shares of Kimberly-Clark by 3.8% in the third quarter. Clearview Wealth Advisors LLC now owns 2,494 shares of the company’s stock valued at $330,000 after purchasing an additional 91 shares during the period. 72.68% of the stock is currently owned by institutional investors.

In other news, insider Jeffrey P. Melucci sold 10,528 shares of Kimberly-Clark stock in a transaction dated Wednesday, October 27th. The stock was sold at an average price of $133.61, for a total transaction of $1,406,646.08. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.47% of the company’s stock.

Shares of NYSE KMB opened at $143.20 on Friday. The company has a debt-to-equity ratio of 10.69, a quick ratio of 0.49 and a current ratio of 0.78. Kimberly-Clark Co. has a 52 week low of $125.27 and a 52 week high of $145.79. The stock has a market capitalization of $48.22 billion, a P/E ratio of 24.35, a PEG ratio of 4.35 and a beta of 0.51. The stock’s fifty day moving average is $137.91 and its 200 day moving average is $135.89.

Kimberly-Clark (NYSE:KMB) last issued its quarterly earnings results on Sunday, October 24th. The company reported $1.62 EPS for the quarter, missing the Zacks’ consensus estimate of $1.65 by ($0.03). The company had revenue of $5.01 billion during the quarter, compared to the consensus estimate of $4.96 billion. Kimberly-Clark had a return on equity of 289.87% and a net margin of 10.34%. The firm’s revenue for the quarter was up 7.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.72 EPS. Equities research analysts forecast that Kimberly-Clark Co. will post 6.16 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, January 4th. Investors of record on Friday, December 10th were paid a $1.14 dividend. This represents a $4.56 annualized dividend and a yield of 3.18%. The ex-dividend date of this dividend was Thursday, December 9th. Kimberly-Clark’s dividend payout ratio (DPR) is presently 77.55%.

A number of equities analysts recently issued reports on KMB shares. Wells Fargo & Company dropped their target price on shares of Kimberly-Clark from $140.00 to $137.00 and set an “equal weight” rating on the stock in a research report on Tuesday, October 26th. Exane BNP Paribas downgraded shares of Kimberly-Clark from an “outperform” rating to a “neutral” rating and set a $148.00 price target on the stock. in a research note on Tuesday. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Kimberly-Clark from $137.00 to $130.00 and set a “hold” rating on the stock in a research note on Tuesday, October 26th. Berenberg Bank downgraded shares of Kimberly-Clark from a “buy” rating to a “hold” rating and reduced their target price for the company from $164.00 to $127.00 in a research note on Tuesday, October 26th. Finally, JPMorgan Chase & Co. upped their price target on shares of Kimberly-Clark from $122.00 to $127.00 in a research report on Thursday. Three 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. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $137.25.

Kimberly-Clark Company Profile

Kimberly-Clark Corp. engages in the manufacture and marketing of products made from natural or synthetic fibers. It operates through the following segments: Personal Care, Consumer Tissue, and K-C Professional (KCP). The Personal Care segment offers disposable diapers, training and youth pants, swim pants, baby wipes, feminine and incontinence care products, and other related products.

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

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