Gulf International Bank UK Ltd raised its position in shares of Kimberly-Clark Corporation (NYSE:KMB) by 0.1% during the second quarter, Holdings Channel reports. The firm owned 112,453 shares of the company’s stock after buying an additional 158 shares during the period. Gulf International Bank UK Ltd’s holdings in Kimberly-Clark Corporation were worth $14,518,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Macquarie Group Ltd. raised its stake in shares of Kimberly-Clark Corporation by 16.8% in the fourth quarter. Macquarie Group Ltd. now owns 121,083 shares of the company’s stock worth $13,818,000 after buying an additional 17,400 shares during the period. CHURCHILL MANAGEMENT Corp acquired a new stake in shares of Kimberly-Clark Corporation during the first quarter worth approximately $5,951,000. Weaver C. Barksdale & Associates Inc. raised its stake in shares of Kimberly-Clark Corporation by 42.9% in the first quarter. Weaver C. Barksdale & Associates Inc. now owns 9,534 shares of the company’s stock worth $1,255,000 after buying an additional 2,862 shares during the period. Charter Trust Co. raised its stake in shares of Kimberly-Clark Corporation by 0.5% in the first quarter. Charter Trust Co. now owns 28,718 shares of the company’s stock worth $3,780,000 after buying an additional 132 shares during the period. Finally, Creative Planning raised its stake in shares of Kimberly-Clark Corporation by 4.6% in the first quarter. Creative Planning now owns 38,485 shares of the company’s stock worth $5,066,000 after buying an additional 1,688 shares during the period. Institutional investors and hedge funds own 70.62% of the company’s stock.

Kimberly-Clark Corporation (KMB) traded up 0.14% during trading on Monday, reaching $121.49. 462,649 shares of the company traded hands. The company’s 50-day moving average price is $127.36 and its 200 day moving average price is $128.48. Kimberly-Clark Corporation has a 52 week low of $111.30 and a 52 week high of $136.21. The firm has a market capitalization of $42.92 billion, a price-to-earnings ratio of 20.29 and a beta of 0.76.

Kimberly-Clark Corporation (NYSE:KMB) last released its quarterly earnings data on Tuesday, July 25th. The company reported $1.49 EPS for the quarter, hitting the consensus estimate of $1.49. Kimberly-Clark Corporation had a return on equity of 636.30% and a net margin of 11.82%. The company had revenue of $4.55 billion during the quarter, compared to the consensus estimate of $4.56 billion. During the same period last year, the company earned $1.53 EPS. Kimberly-Clark Corporation’s revenue for the quarter was down .7% on a year-over-year basis. On average, equities research analysts expect that Kimberly-Clark Corporation will post $6.21 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 3rd. Investors of record on Friday, September 8th will be issued a $0.97 dividend. The ex-dividend date is Thursday, September 7th. This represents a $3.88 annualized dividend and a yield of 3.20%. Kimberly-Clark Corporation’s payout ratio is 64.88%.

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A number of analysts have commented on KMB shares. Zacks Investment Research upgraded shares of Kimberly-Clark Corporation from a “hold” rating to a “buy” rating and set a $148.00 price target for the company in a research note on Wednesday, April 12th. Jefferies Group LLC began coverage on shares of Kimberly-Clark Corporation in a research note on Tuesday, April 18th. They issued a “hold” rating and a $134.00 target price for the company. Vetr lowered shares of Kimberly-Clark Corporation from a “buy” rating to a “hold” rating and set a $139.00 target price for the company. in a research note on Tuesday, April 18th. B. Riley reiterated a “neutral” rating and issued a $128.00 target price on shares of Kimberly-Clark Corporation in a research note on Sunday, April 23rd. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and issued a $121.00 target price on shares of Kimberly-Clark Corporation in a research note on Tuesday, April 25th. Four investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and one has issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $133.14.

In related news, SVP Thomas J. Mielke sold 20,108 shares of Kimberly-Clark Corporation stock in a transaction dated Tuesday, May 16th. The stock was sold at an average price of $128.11, for a total value of $2,576,035.88. Following the completion of the sale, the senior vice president now directly owns 23,543 shares in the company, valued at approximately $3,016,093.73. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Sergio Cruz sold 7,078 shares of Kimberly-Clark Corporation stock in a transaction dated Wednesday, May 31st. The stock was sold at an average price of $130.01, for a total value of $920,210.78. Following the completion of the sale, the insider now owns 4,910 shares of the company’s stock, valued at $638,349.10. The disclosure for this sale can be found here. 0.56% of the stock is currently owned by company insiders.

About Kimberly-Clark Corporation

Kimberly-Clark Corporation is engaged in the manufacturing and marketing of a range of products made from natural or synthetic fibers. The Company’s segments include Personal Care, Consumer Tissue, K-C Professional and Corporate & Other. The Company’s Personal Care segment offers various solutions and products, such as disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products.

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Institutional Ownership by Quarter for Kimberly-Clark Corporation (NYSE:KMB)

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