LPL Monetary LLC decreased its stake in Kimberly-Clark Co. (NYSE:KMB – Free Report) by 9.5% throughout the 2nd quarter, in accordance with its most up-to-date submitting with the Securities and Trade Fee. The fund owned 722,613 shares of the corporate’s inventory after promoting 76,010 shares throughout the quarter. LPL Monetary LLC owned 0.21% of Kimberly-Clark value $99,865,000 on the finish of the newest reporting interval.
A number of different giant traders have additionally modified their holdings of KMB. Worth T Rowe Associates Inc. MD elevated its stake in Kimberly-Clark by 19.1% within the 1st quarter. Worth T Rowe Associates Inc. MD now owns 5,893,146 shares of the corporate’s inventory valued at $762,279,000 after shopping for an extra 944,920 shares throughout the interval. Norges Financial institution bought a brand new place in Kimberly-Clark throughout the 4th quarter value $437,420,000. Capital World Traders raised its place in Kimberly-Clark by 17.8% throughout the 1st quarter. Capital World Traders now owns 2,269,492 shares of the corporate’s inventory value $293,559,000 after shopping for an extra 342,790 shares over the past quarter. Nordea Funding Administration AB raised its place in Kimberly-Clark by 2.9% throughout the 1st quarter. Nordea Funding Administration AB now owns 1,720,051 shares of the corporate’s inventory value $222,093,000 after shopping for an extra 48,103 shares over the past quarter. Lastly, ProShare Advisors LLC raised its place in Kimberly-Clark by 9.8% throughout the 1st quarter. ProShare Advisors LLC now owns 1,487,835 shares of the corporate’s inventory value $192,451,000 after shopping for an extra 132,576 shares over the past quarter. Hedge funds and different institutional traders personal 76.29% of the corporate’s inventory.
Kimberly-Clark Worth Efficiency
Shares of NYSE KMB opened at $142.38 on Friday. The inventory has a market cap of $47.94 billion, a price-to-earnings ratio of 26.17, a PEG ratio of three.12 and a beta of 0.39. Kimberly-Clark Co. has a 52 week low of $116.32 and a 52 week excessive of $149.30. The corporate’s 50-day shifting common worth is $142.07 and its 200 day shifting common worth is $135.18. The corporate has a present ratio of 0.85, a fast ratio of 0.58 and a debt-to-equity ratio of 5.59.
Kimberly-Clark (NYSE:KMB – Get Free Report) final issued its quarterly earnings information on Tuesday, July twenty third. The corporate reported $1.96 EPS for the quarter, beating analysts’ consensus estimates of $1.71 by $0.25. Kimberly-Clark had a web margin of 11.28% and a return on fairness of 223.55%. The agency had income of $5.03 billion for the quarter, in comparison with analysts’ expectations of $5.10 billion. Throughout the identical interval within the prior 12 months, the corporate earned $1.65 EPS. The agency’s income was down 2.0% on a year-over-year foundation. As a gaggle, analysis analysts forecast that Kimberly-Clark Co. will put up 7.25 earnings per share for the present fiscal 12 months.
Kimberly-Clark Proclaims Dividend
The corporate additionally lately declared a quarterly dividend, which might be paid on Wednesday, October 2nd. Shareholders of document on Friday, September sixth might be paid a dividend of $1.22 per share. The ex-dividend date of this dividend is Friday, September sixth. This represents a $4.88 annualized dividend and a dividend yield of three.43%. Kimberly-Clark’s dividend payout ratio is at present 89.71%.
Insiders Place Their Bets
In different Kimberly-Clark information, insider Jeffrey P. Melucci offered 37,699 shares of the agency’s inventory in a transaction dated Thursday, July twenty fifth. The shares had been offered at a median worth of $141.42, for a complete transaction of $5,331,392.58. Following the sale, the insider now instantly owns 19,935 shares of the corporate’s inventory, valued at roughly $2,819,207.70. The transaction was disclosed in a submitting with the Securities & Trade Fee, which is on the market by way of the SEC web site. In associated information, insider Gonzalo Uribe offered 1,780 shares of the agency’s inventory in a transaction that occurred on Monday, July twenty ninth. The shares had been offered at a median worth of $140.84, for a complete worth of $250,695.20. Following the sale, the insider now instantly owns 7,377 shares of the corporate’s inventory, valued at $1,038,976.68. The transaction was disclosed in a submitting with the Securities & Trade Fee, which is on the market by way of this hyperlink. Additionally, insider Jeffrey P. Melucci offered 37,699 shares of the agency’s inventory in a transaction that occurred on Thursday, July twenty fifth. The inventory was offered at a median worth of $141.42, for a complete transaction of $5,331,392.58. Following the completion of the sale, the insider now instantly owns 19,935 shares within the firm, valued at $2,819,207.70. The disclosure for this sale will be discovered right here. 0.62% of the inventory is owned by company insiders.
Analysts Set New Worth Targets
KMB has been the topic of a variety of analyst studies. Wells Fargo & Firm reduce their worth goal on shares of Kimberly-Clark from $138.00 to $134.00 and set an “equal weight” ranking for the corporate in a analysis report on Wednesday, July twenty fourth. BNP Paribas started protection on shares of Kimberly-Clark in a report on Monday, June twenty fourth. They issued a “impartial” ranking and a $146.00 worth goal for the corporate. StockNews.com downgraded shares of Kimberly-Clark from a “strong-buy” ranking to a “purchase” ranking in a report on Tuesday, July thirtieth. JPMorgan Chase & Co. elevated their worth goal on shares of Kimberly-Clark from $123.00 to $135.00 and gave the corporate an “underweight” ranking in a report on Monday, July twenty second. Lastly, Argus upgraded shares of Kimberly-Clark to a “maintain” ranking in a report on Friday, July twenty sixth. Two equities analysis analysts have rated the inventory with a promote ranking, eight have assigned a maintain ranking and 7 have issued a purchase ranking to the corporate. In response to MarketBeat.com, the corporate has a median ranking of “Maintain” and a consensus goal worth of $145.67.
View Our Newest Evaluation on Kimberly-Clark
Kimberly-Clark Firm Profile
Kimberly-Clark Company, along with its subsidiaries, manufactures and markets private care and shopper tissue merchandise in america. It operates by way of three segments: Private Care, Shopper Tissue, and Okay-C Skilled. The corporate’s Private Care section provides 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.
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