Northwestern Mutual Wealth Management Co. grew its position in Kimberly-Clark Corporation (NYSE:KMB) by 0.3% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 31,569 shares of the company’s stock after buying an additional 81 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Kimberly-Clark Corporation were worth $4,076,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. State Street Corp lifted its stake in shares of Kimberly-Clark Corporation by 1.3% during the 1st quarter. State Street Corp now owns 17,653,917 shares of the company’s stock worth $2,323,785,000 after purchasing an additional 225,993 shares during the last quarter. Wells Fargo & Company MN lifted its stake in shares of Kimberly-Clark Corporation by 3.3% during the 2nd quarter. Wells Fargo & Company MN now owns 5,666,819 shares of the company’s stock worth $731,643,000 after purchasing an additional 181,517 shares during the last quarter. Federated Investors Inc. PA increased its position in Kimberly-Clark Corporation by 1.7% during the 2nd quarter. Federated Investors Inc. PA now owns 3,266,146 shares of the company’s stock valued at $421,692,000 after buying an additional 55,108 shares in the last quarter. FMR LLC increased its position in Kimberly-Clark Corporation by 23.4% during the 1st quarter. FMR LLC now owns 2,589,395 shares of the company’s stock valued at $340,841,000 after buying an additional 491,121 shares in the last quarter. Finally, APG Asset Management N.V. increased its position in Kimberly-Clark Corporation by 85.3% during the 2nd quarter. APG Asset Management N.V. now owns 2,018,144 shares of the company’s stock valued at $260,563,000 after buying an additional 929,300 shares in the last quarter. Institutional investors and hedge funds own 70.40% of the company’s stock.

ILLEGAL ACTIVITY WARNING: “Northwestern Mutual Wealth Management Co. Raises Holdings in Kimberly-Clark Corporation (KMB)” was reported by Daily Political and is the sole property of of Daily Political. If you are viewing this piece of content on another website, it was illegally stolen and reposted in violation of U.S. and international copyright & trademark law. The correct version of this piece of content can be accessed at https://www.dailypolitical.com/2017/11/14/northwestern-mutual-wealth-management-co-raises-holdings-in-kimberly-clark-corporation-kmb.html.

Shares of Kimberly-Clark Corporation (KMB) opened at $115.41 on Tuesday. The company has a market capitalization of $40,149.58, a PE ratio of 18.68, a P/E/G ratio of 2.97 and a beta of 0.74. Kimberly-Clark Corporation has a 1-year low of $109.67 and a 1-year high of $136.21. The company has a current ratio of 0.97, a quick ratio of 0.64 and a debt-to-equity ratio of 14.17.

Kimberly-Clark Corporation (NYSE:KMB) last posted its earnings results on Monday, October 23rd. The company reported $1.60 EPS for the quarter, topping the consensus estimate of $1.54 by $0.06. The firm had revenue of $4.64 billion for the quarter, compared to analyst estimates of $4.65 billion. Kimberly-Clark Corporation had a return on equity of 666.97% and a net margin of 11.89%. Kimberly-Clark Corporation’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same period last year, the company earned $1.52 earnings per share. analysts predict that Kimberly-Clark Corporation will post 6.2 EPS for the current year.

Several research analysts recently issued reports on the company. Citigroup Inc. set a $132.00 target price on Kimberly-Clark Corporation and gave the company a “hold” rating in a research report on Wednesday, July 26th. BidaskClub lowered Kimberly-Clark Corporation from a “sell” rating to a “strong sell” rating in a research report on Monday, July 31st. Berenberg Bank reaffirmed a “hold” rating on shares of Kimberly-Clark Corporation in a research report on Thursday, July 27th. UBS AG reaffirmed a “neutral” rating and set a $119.00 target price (down from $120.00) on shares of Kimberly-Clark Corporation in a research report on Wednesday, July 26th. Finally, Zacks Investment Research lowered Kimberly-Clark Corporation from a “hold” rating to a “sell” rating in a research report on Monday, July 24th. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating and two have assigned a buy rating to the stock. Kimberly-Clark Corporation presently has a consensus rating of “Hold” and a consensus price target of $127.14.

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.

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

Receive News & Ratings for Kimberly-Clark Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kimberly-Clark Corporation and related companies with MarketBeat.com's FREE daily email newsletter.