Kimberly-Clark Corporation $KMB Stock Holdings Boosted by Winnow Wealth LLC

Winnow Wealth LLC lifted its stake in Kimberly-Clark Corporation (NASDAQ:KMB) by 3,892.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,264 shares of the company’s stock after acquiring an additional 8,057 shares during the period. Winnow Wealth LLC’s holdings in Kimberly-Clark were worth $1,033,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in KMB. Cloud Capital Management LLC purchased a new position in shares of Kimberly-Clark during the third quarter valued at $25,000. True Wealth Design LLC raised its holdings in Kimberly-Clark by 177.6% during the third quarter. True Wealth Design LLC now owns 211 shares of the company’s stock valued at $26,000 after buying an additional 135 shares in the last quarter. Princeton Global Asset Management LLC raised its stake in shares of Kimberly-Clark by 989.5% in the 2nd quarter. Princeton Global Asset Management LLC now owns 207 shares of the company’s stock valued at $27,000 after acquiring an additional 188 shares in the last quarter. Darwin Wealth Management LLC bought a new position in shares of Kimberly-Clark in the second quarter valued at approximately $27,000. Finally, Vermillion & White Wealth Management Group LLC lifted its position in shares of Kimberly-Clark by 105.8% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 247 shares of the company’s stock worth $32,000 after purchasing an additional 127 shares during the last quarter. 76.29% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms have recently issued reports on KMB. Citigroup lowered their price objective on Kimberly-Clark from $95.00 to $90.00 and set a “sell” rating on the stock in a research report on Wednesday, January 14th. Royal Bank Of Canada reissued an “overweight” rating and set a $162.00 price target on shares of Kimberly-Clark in a research note on Tuesday, October 28th. BNP Paribas Exane reissued a “neutral” rating and issued a $110.00 target price on shares of Kimberly-Clark in a research note on Monday, December 1st. Wells Fargo & Company lowered their price objective on shares of Kimberly-Clark from $110.00 to $105.00 and set an “equal weight” rating on the stock in a report on Monday, January 5th. Finally, Argus upgraded Kimberly-Clark from a “hold” rating to a “buy” rating and set a $120.00 price objective on the stock in a research note on Thursday, November 13th. Three research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $118.58.

Kimberly-Clark Price Performance

Kimberly-Clark stock opened at $99.99 on Friday. The company has a debt-to-equity ratio of 3.97, a quick ratio of 0.56 and a current ratio of 0.75. The stock’s 50 day moving average price is $101.82 and its two-hundred day moving average price is $115.45. The stock has a market capitalization of $33.19 billion, a price-to-earnings ratio of 16.47, a PEG ratio of 3.95 and a beta of 0.26. Kimberly-Clark Corporation has a 52-week low of $96.26 and a 52-week high of $150.45.

Kimberly-Clark (NASDAQ:KMB) last issued its quarterly earnings data on Tuesday, January 27th. The company reported $1.86 EPS for the quarter, topping analysts’ consensus estimates of $1.81 by $0.05. Kimberly-Clark had a return on equity of 170.48% and a net margin of 11.73%.The firm had revenue of $4.08 billion during the quarter, compared to analyst estimates of $4.11 billion. During the same period in the previous year, the company posted $1.50 EPS. The company’s revenue for the quarter was down .6% on a year-over-year basis. On average, equities analysts predict that Kimberly-Clark Corporation will post 7.5 earnings per share for the current year.

Kimberly-Clark Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 2nd. Investors of record on Friday, March 6th will be issued a dividend of $1.28 per share. This is a positive change from Kimberly-Clark’s previous quarterly dividend of $1.26. The ex-dividend date of this dividend is Friday, March 6th. This represents a $5.12 dividend on an annualized basis and a yield of 5.1%. Kimberly-Clark’s payout ratio is currently 83.03%.

Kimberly-Clark Company 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.