AMG National Trust Bank Has $1.48 Million Holdings in Kimberly-Clark Corporation $KMB

AMG National Trust Bank grew its holdings in shares of Kimberly-Clark Corporation (NASDAQ:KMB) by 1.0% during the second quarter, HoldingsChannel.com reports. The firm owned 11,509 shares of the company’s stock after acquiring an additional 113 shares during the quarter. AMG National Trust Bank’s holdings in Kimberly-Clark were worth $1,484,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently made changes to their positions in KMB. Investment Research & Advisory Group Inc. acquired a new position in shares of Kimberly-Clark during the 2nd quarter worth approximately $25,000. Princeton Global Asset Management LLC grew its position in shares of Kimberly-Clark by 989.5% during the 2nd quarter. Princeton Global Asset Management LLC now owns 207 shares of the company’s stock worth $27,000 after purchasing an additional 188 shares in the last quarter. Financial Network Wealth Advisors LLC grew its position in shares of Kimberly-Clark by 176.1% during the 1st quarter. Financial Network Wealth Advisors LLC now owns 196 shares of the company’s stock worth $28,000 after purchasing an additional 125 shares in the last quarter. Elequin Capital LP acquired a new position in shares of Kimberly-Clark during the 1st quarter worth approximately $36,000. Finally, Rossby Financial LCC acquired a new position in shares of Kimberly-Clark during the 1st quarter worth approximately $37,000. Institutional investors and hedge funds own 76.29% of the company’s stock.

Kimberly-Clark Stock Performance

Shares of Kimberly-Clark stock opened at $119.71 on Friday. Kimberly-Clark Corporation has a fifty-two week low of $116.26 and a fifty-two week high of $150.45. The company has a debt-to-equity ratio of 4.61, a current ratio of 0.77 and a quick ratio of 0.56. The firm has a market capitalization of $39.72 billion, a P/E ratio of 16.49, a P/E/G ratio of 3.67 and a beta of 0.30. The company’s 50 day moving average price is $123.92 and its two-hundred day moving average price is $130.06.

Kimberly-Clark (NASDAQ:KMB) last issued its earnings results on Thursday, October 30th. The company reported $1.82 earnings per share for the quarter, beating analysts’ consensus estimates of $1.45 by $0.37. Kimberly-Clark had a net margin of 12.87% and a return on equity of 184.87%. The firm had revenue of $4.15 billion for the quarter, compared to analyst estimates of $4.14 billion. During the same quarter last year, the business posted $1.83 earnings per share. The company’s quarterly revenue was up .1% on a year-over-year basis. On average, equities analysts forecast that Kimberly-Clark Corporation will post 7.5 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on KMB shares. 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. Barclays reduced their price target on shares of Kimberly-Clark from $139.00 to $131.00 and set an “equal weight” rating on the stock in a research report on Wednesday, October 1st. UBS Group increased their price target on shares of Kimberly-Clark from $130.00 to $132.00 and gave the stock a “neutral” rating in a research report on Friday. TD Cowen reduced their price target on shares of Kimberly-Clark from $135.00 to $130.00 and set a “hold” rating on the stock in a research report on Friday. Finally, JPMorgan Chase & Co. increased their price target on shares of Kimberly-Clark from $127.00 to $129.00 and gave the stock a “neutral” rating in a research report on Friday. Three analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $135.78.

Kimberly-Clark 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.