Axxcess Wealth Administration LLC trimmed its holdings in shares of Kimberly-Clark Co. (NYSE:KMB – Free Report) by 21.9% within the third quarter, based on the corporate in its most up-to-date Kind 13F submitting with the Securities and Trade Fee (SEC). The fund owned 5,982 shares of the corporate’s inventory after promoting 1,678 shares through the interval. Axxcess Wealth Administration LLC’s holdings in Kimberly-Clark have been value $851,000 on the finish of the latest quarter.
Different institutional traders and hedge funds have additionally modified their holdings of the corporate. Mitsubishi UFJ Asset Administration Co. Ltd. raised its stake in shares of Kimberly-Clark by 18.2% through the first quarter. Mitsubishi UFJ Asset Administration Co. Ltd. now owns 454,104 shares of the corporate’s inventory value $58,738,000 after shopping for a further 69,794 shares over the last quarter. Vest Monetary LLC grew its holdings in Kimberly-Clark by 6.5% through the third quarter. Vest Monetary LLC now owns 347,269 shares of the corporate’s inventory valued at $49,409,000 after buying a further 21,339 shares through the interval. Manning & Napier Advisors LLC acquired a brand new place in Kimberly-Clark through the second quarter valued at roughly $14,751,000. Swedbank AB grew its holdings in Kimberly-Clark by 4.0% through the second quarter. Swedbank AB now owns 166,108 shares of the corporate’s inventory valued at $22,956,000 after buying a further 6,392 shares through the interval. Lastly, PGGM Investments grew its holdings in Kimberly-Clark by 84.6% through the second quarter. PGGM Investments now owns 25,927 shares of the corporate’s inventory valued at $3,583,000 after buying a further 11,882 shares through the interval. 76.29% of the inventory is owned by institutional traders.
Kimberly-Clark Inventory Efficiency
Shares of KMB opened at $132.13 on Wednesday. Kimberly-Clark Co. has a 12 month low of $117.67 and a 12 month excessive of $149.30. The agency has a fifty day easy transferring common of $140.71 and a 200 day easy transferring common of $139.25. The inventory has a market capitalization of $44.06 billion, a price-to-earnings ratio of 17.14, a PEG ratio of two.81 and a beta of 0.40. The corporate has a present ratio of 0.83, a fast ratio of 0.55 and a debt-to-equity ratio of 4.77.
Kimberly-Clark (NYSE:KMB – Get Free Report) final introduced its earnings outcomes on Tuesday, October twenty second. The corporate reported $1.83 EPS for the quarter, topping the consensus estimate of $1.69 by $0.14. Kimberly-Clark had a web margin of 12.97% and a return on fairness of 198.59%. The enterprise had income of $4.95 billion through the quarter, in comparison with analysts’ expectations of $5.06 billion. Throughout the identical quarter within the prior yr, the corporate posted $1.74 earnings per share. The agency’s income was down 3.5% on a year-over-year foundation. Analysis analysts forecast that Kimberly-Clark Co. will submit 7.26 EPS for the present fiscal yr.
Analysts Set New Value Targets
Quite a few analysis analysts just lately issued studies on the inventory. Argus upgraded shares of Kimberly-Clark to a “maintain” score in a report on Friday, July twenty sixth. TD Cowen assumed protection on shares of Kimberly-Clark in a report on Tuesday, July twenty third. They set a “purchase” score and a $161.00 worth goal for the corporate. Deutsche Financial institution Aktiengesellschaft boosted their worth goal on shares of Kimberly-Clark from $146.00 to $147.00 and gave the corporate a “maintain” score in a report on Tuesday, October eighth. Royal Financial institution of Canada reiterated an “outperform” score and issued a $165.00 worth goal on shares of Kimberly-Clark in a report on Wednesday, October twenty third. Lastly, JPMorgan Chase & Co. decreased their worth goal on shares of Kimberly-Clark from $142.00 to $140.00 and set an “underweight” score for the corporate in a report on Wednesday, October twenty third. Two equities analysis analysts have rated the inventory with a promote score, seven have assigned a maintain score and 7 have issued a purchase score to the corporate’s inventory. Based mostly on knowledge from MarketBeat.com, Kimberly-Clark presently has a consensus score of “Maintain” and a consensus worth goal of $149.93.
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Kimberly-Clark Profile
Kimberly-Clark Company, along with its subsidiaries, manufactures and markets private care and shopper tissue merchandise in the USA. It operates by way of three segments: Private Care, Client Tissue, and Okay-C Skilled. The corporate’s Private Care phase affords disposable diapers, coaching and youth pants, swimpants, child wipes, female and incontinence care merchandise, reusable underwear, and different associated merchandise beneath the Huggies, Pull-Ups, Little Swimmers, GoodNites, DryNites, Sweety, Kotex, U by Kotex, Intimus, Thinx, Poise, Rely, Plenitud, Softex, and different model names.
Beneficial Tales
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