Kimberly-Clark Co. $KMB Shares Acquired by Stephens Inc. AR

Stephens Inc. AR grew its holdings in Kimberly-Clark Co. (NYSE:KMB) by 1.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 85,927 shares of the company’s stock after purchasing an additional 1,361 shares during the quarter. Stephens Inc. AR’s holdings in Kimberly-Clark were worth $11,078,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of KMB. Pacer Advisors Inc. boosted its position in Kimberly-Clark by 2,982.8% during the first quarter. Pacer Advisors Inc. now owns 1,384,318 shares of the company’s stock worth $196,878,000 after acquiring an additional 1,339,413 shares during the last quarter. Nuveen LLC acquired a new stake in Kimberly-Clark during the first quarter worth approximately $106,458,000. OVERSEA CHINESE BANKING Corp Ltd boosted its position in Kimberly-Clark by 270.2% during the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 984,695 shares of the company’s stock worth $140,043,000 after acquiring an additional 718,720 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in Kimberly-Clark during the second quarter worth approximately $91,185,000. Finally, Goldman Sachs Group Inc. boosted its position in Kimberly-Clark by 41.4% during the first quarter. Goldman Sachs Group Inc. now owns 2,351,329 shares of the company’s stock worth $334,406,000 after acquiring an additional 687,868 shares during the last quarter. 76.29% of the stock is currently owned by institutional investors and hedge funds.

Kimberly-Clark Stock Performance

NYSE:KMB opened at $120.70 on Tuesday. The company has a quick ratio of 0.54, a current ratio of 0.80 and a debt-to-equity ratio of 7.05. The company has a market cap of $40.05 billion, a P/E ratio of 15.99, a P/E/G ratio of 4.46 and a beta of 0.30. Kimberly-Clark Co. has a fifty-two week low of $118.18 and a fifty-two week high of $150.45. The firm’s 50 day moving average is $126.38 and its two-hundred day moving average is $131.08.

Kimberly-Clark (NYSE:KMB) last posted its quarterly earnings results on Friday, August 1st. The company reported $1.92 earnings per share for the quarter, topping analysts’ consensus estimates of $1.67 by $0.25. The company had revenue of $4.16 billion for the quarter, compared to the consensus estimate of $4.85 billion. Kimberly-Clark had a net margin of 12.69% and a return on equity of 201.43%. Kimberly-Clark’s revenue was down 1.6% on a year-over-year basis. During the same quarter last year, the firm posted $1.96 earnings per share. Analysts expect that Kimberly-Clark Co. will post 7.5 EPS for the current year.

Kimberly-Clark Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Friday, September 5th were paid a $1.26 dividend. This represents a $5.04 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Friday, September 5th. Kimberly-Clark’s dividend payout ratio (DPR) is currently 69.42%.

Analyst Ratings Changes

KMB has been the topic of a number of analyst reports. UBS Group decreased their target price on shares of Kimberly-Clark from $140.00 to $130.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 8th. Piper Sandler decreased their target price on shares of Kimberly-Clark from $149.00 to $145.00 and set an “overweight” rating on the stock in a research report on Thursday, October 2nd. Wells Fargo & Company decreased their target price on shares of Kimberly-Clark from $140.00 to $130.00 and set an “equal weight” rating on the stock in a research report on Thursday, September 25th. Citigroup decreased their target price on shares of Kimberly-Clark from $118.00 to $113.00 and set a “sell” rating on the stock in a research report on Thursday, October 9th. Finally, JPMorgan Chase & Co. decreased their target price on shares of Kimberly-Clark from $144.00 to $127.00 and set a “neutral” rating on the stock in a research report on Friday, October 10th. Three analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $137.00.

Kimberly-Clark Company Profile

Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care and consumer tissue products in the United States. It operates through three segments: Personal Care, Consumer Tissue, and K-C Professional. The company’s Personal Care segment offers disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, reusable underwear, and other related products under the Huggies, Pull-Ups, Little Swimmers, GoodNites, DryNites, Sweety, Kotex, U by Kotex, Intimus, Thinx, Poise, Depend, Plenitud, Softex, and other brand names.