Westfield Capital Management Co. LP decreased its stake in Kimberly-Clark Corporation (NYSE:KMB) by 0.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 41,277 shares of the company’s stock after selling 150 shares during the period. Westfield Capital Management Co. LP’s holdings in Kimberly-Clark Corporation were worth $5,433,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of KMB. Macquarie Group Ltd. increased its position in Kimberly-Clark Corporation by 16.8% in the fourth quarter. Macquarie Group Ltd. now owns 121,083 shares of the company’s stock valued at $13,818,000 after buying an additional 17,400 shares during the period. Burke & Herbert Bank & Trust Co. increased its position in Kimberly-Clark Corporation by 3.3% in the first quarter. Burke & Herbert Bank & Trust Co. now owns 4,295 shares of the company’s stock valued at $566,000 after buying an additional 137 shares during the period. Stock Yards Bank & Trust Co. increased its position in Kimberly-Clark Corporation by 6.5% in the first quarter. Stock Yards Bank & Trust Co. now owns 8,743 shares of the company’s stock valued at $1,151,000 after buying an additional 537 shares during the period. Forte Capital LLC ADV increased its position in Kimberly-Clark Corporation by 4.8% in the first quarter. Forte Capital LLC ADV now owns 7,154 shares of the company’s stock valued at $942,000 after buying an additional 325 shares during the period. Finally, Chesley Taft & Associates LLC increased its position in Kimberly-Clark Corporation by 1.9% in the first quarter. Chesley Taft & Associates LLC now owns 9,047 shares of the company’s stock valued at $1,191,000 after buying an additional 170 shares during the period. 70.62% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Kimberly-Clark Corporation (KMB) opened at 121.22 on Wednesday. Kimberly-Clark Corporation has a 12-month low of $111.30 and a 12-month high of $136.21. The company has a market cap of $42.83 billion, a PE ratio of 20.24 and a beta of 0.76. The company has a 50-day moving average of $126.61 and a 200 day moving average of $128.33.

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

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 3rd. Shareholders of record on Friday, September 8th will be paid a $0.97 dividend. The ex-dividend date of this dividend is Thursday, September 7th. This represents a $3.88 dividend on an annualized basis and a yield of 3.19%. Kimberly-Clark Corporation’s payout ratio is 64.88%.

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

In other Kimberly-Clark Corporation news, SVP Thomas J. Mielke sold 20,108 shares of the stock in a transaction on 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 sale, the senior vice president now owns 23,543 shares in the company, valued at $3,016,093.73. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Robert W. Decherd bought 1,500 shares of Kimberly-Clark Corporation stock in a transaction on Thursday, August 3rd. The stock was acquired at an average price of $122.21 per share, for a total transaction of $183,315.00. Following the purchase, the director now owns 43,444 shares of the company’s stock, valued at $5,309,291.24. The disclosure for this purchase can be found here. Company insiders own 0.56% of the company’s stock.

Kimberly-Clark Corporation Company Profile

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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