Kimberly-Clark Corporation $KMB Stock: Vise Technologies Inc. Cuts Holdings

Vise Technologies Inc. reduced its holdings in Kimberly-Clark Corporation (NASDAQ:KMB) by 40.3% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 7,472 shares of the company’s stock after selling 5,041 shares during the quarter. Vise Technologies Inc.’s holdings in Kimberly-Clark were worth $728,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Lynch Investment Planning LLC purchased a new position in shares of Kimberly-Clark during the 3rd quarter worth about $26,000. Ancora Advisors LLC acquired a new position in shares of Kimberly-Clark in the 2nd quarter valued at $32,000. John Boyer Inc. acquired a new position in shares of Kimberly-Clark in the 3rd quarter valued at $28,000. Edmond DE Rothschild Holding S.A. acquired a new stake in shares of Kimberly-Clark during the 2nd quarter worth $32,000. Finally, Clearstead Trust LLC purchased a new position in shares of Kimberly-Clark in the 2nd quarter worth $33,000. 76.29% of the stock is owned by institutional investors and hedge funds.

Kimberly-Clark Stock Performance

Shares of KMB stock opened at $110.76 on Wednesday. The company’s fifty day moving average price is $102.69 and its two-hundred day moving average price is $103.33. The company has a debt-to-equity ratio of 1.91, a current ratio of 0.89 and a quick ratio of 0.65. The firm has a market capitalization of $36.84 billion, a P/E ratio of 15.27, a P/E/G ratio of 6.69 and a beta of 0.25. Kimberly-Clark Corporation has a 12 month low of $92.42 and a 12 month high of $116.82.

Kimberly-Clark (NASDAQ:KMB) last issued its quarterly earnings results on Thursday, November 5th. The company reported $1.70 EPS for the quarter, beating analysts’ consensus estimates of $1.65 by $0.05. The firm had revenue of $4.13 billion during the quarter, compared to the consensus estimate of $4.13 billion. Kimberly-Clark had a return on equity of 114.93% and a net margin of 19.93%. Kimberly-Clark’s revenue for the quarter was down 1.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.82 earnings per share. On average, research analysts anticipate that Kimberly-Clark Corporation will post 7.41 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have commented on KMB. Barclays upped their price target on Kimberly-Clark from $106.00 to $112.00 and gave the stock an “equal weight” rating in a research note on Monday. DA Davidson lifted their price target on shares of Kimberly-Clark from $106.00 to $116.00 and gave the company a “neutral” rating in a research report on Wednesday, August 5th. Bank of America cut their target price on shares of Kimberly-Clark from $122.00 to $120.00 and set a “buy” rating on the stock in a research note on Friday, September 25th. TD Cowen decreased their price target on shares of Kimberly-Clark from $104.00 to $97.00 and set a “hold” rating for the company in a research report on Tuesday, October 13th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Kimberly-Clark in a report on Monday, October 26th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $113.20.

Kimberly-Clark News Summary

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

• Positive Sentiment: Kimberly-Clark has raised its dividend for 55 consecutive years, a record that may appeal to income-focused investors. The article discusses the income potential of a $10,000 investment, though it does not report a new dividend increase. Article: Kimberly-Clark Has Raised Its Dividend for 55 Straight Years
• Neutral Sentiment: BNP Paribas Exane and Barclays raised their price targets to $112, but both maintained neutral or equal-weight ratings, signaling limited conviction in near-term upside. BNP Paribas Exane ratings Barclays ratings
• Neutral Sentiment: A report characterized analysts as neutral on Kimberly-Clark, reinforcing a cautious view rather than pointing to a clear positive catalyst. Article: Analysts Are Neutral on These Consumer Goods Stocks
• Neutral Sentiment: A short-interest report lists zero shares short and zero days to cover, despite describing short interest as having increased. The figures are inconsistent, so they offer no reliable bearish signal.
• Negative Sentiment: A separate article says Kimberly-Clark is facing several challenges, which may weigh on investor sentiment, though the provided summary does not specify them. Article: What’s Wrong With Kimberly-Clark Stock?

Kimberly-Clark Company Profile

Kimberly-Clark Corporation is a global consumer products company that develops and sells personal care, tissue and hygiene products. Its offerings include diapers and training pants, feminine care and adult incontinence products, facial and bathroom tissues, paper towels and wipes. The company’s portfolio includes brands such as Huggies, Kleenex, Scott, Cottonelle, Depend, Poise and Kotex. Kimberly-Clark also provides products for businesses and institutions, including workplace and professional-use tissue and hygiene products.