CW Advisors LLC Has $7.92 Million Stock Position in Kimberly-Clark Corporation $KMB

CW Advisors LLC lifted its holdings in Kimberly-Clark Corporation (NASDAQ:KMB) by 76.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 61,457 shares of the company’s stock after purchasing an additional 26,560 shares during the period. CW Advisors LLC’s holdings in Kimberly-Clark were worth $7,923,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. Financial Network Wealth Advisors LLC raised its holdings in Kimberly-Clark by 176.1% during the first quarter. Financial Network Wealth Advisors LLC now owns 196 shares of the company’s stock valued at $28,000 after buying an additional 125 shares in the last quarter. Investment Research & Advisory Group Inc. acquired a new position in shares of Kimberly-Clark during the 2nd quarter valued at about $25,000. Princeton Global Asset Management LLC raised its stake in shares of Kimberly-Clark by 989.5% in the 2nd quarter. Princeton Global Asset Management LLC now owns 207 shares of the company’s stock valued at $27,000 after acquiring an additional 188 shares in the last quarter. Winnow Wealth LLC bought a new position in shares of Kimberly-Clark in the 2nd quarter valued at approximately $27,000. Finally, Vermillion & White Wealth Management Group LLC lifted its holdings in Kimberly-Clark by 105.8% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 247 shares of the company’s stock worth $32,000 after purchasing an additional 127 shares during the last quarter. 76.29% of the stock is currently owned by institutional investors.

Kimberly-Clark Trading Down 1.1%

Kimberly-Clark stock opened at $104.94 on Friday. The business has a 50 day moving average price of $112.88 and a two-hundred day moving average price of $124.98. The company has a quick ratio of 0.56, a current ratio of 0.77 and a debt-to-equity ratio of 4.41. Kimberly-Clark Corporation has a 12 month low of $99.22 and a 12 month high of $150.45. The stock has a market cap of $34.83 billion, a price-to-earnings ratio of 17.76, a price-to-earnings-growth ratio of 3.92 and a beta of 0.25.

Kimberly-Clark (NASDAQ:KMB) last released its quarterly earnings data on Thursday, October 30th. The company reported $1.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.45 by $0.37. The business had revenue of $4.15 billion for the quarter, compared to analysts’ expectations of $4.14 billion. Kimberly-Clark had a return on equity of 183.11% and a net margin of 10.89%.Kimberly-Clark’s quarterly revenue was up .1% on a year-over-year basis. During the same period in the previous year, the business posted $1.83 earnings per share. As a group, equities analysts forecast that Kimberly-Clark Corporation will post 7.5 EPS for the current year.

Kimberly-Clark Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, January 5th. Stockholders of record on Friday, December 5th will be paid a $1.26 dividend. The ex-dividend date is Friday, December 5th. This represents a $5.04 dividend on an annualized basis and a dividend yield of 4.8%. Kimberly-Clark’s dividend payout ratio is currently 85.28%.

Wall Street Analysts Forecast Growth

Several brokerages have commented on KMB. Royal Bank Of Canada reiterated an “overweight” rating and set a $162.00 price target on shares of Kimberly-Clark in a report on Tuesday, October 28th. Morgan Stanley lowered their target price on shares of Kimberly-Clark from $144.00 to $125.00 and set an “equal weight” rating on the stock in a research note on Tuesday, November 4th. Citigroup cut their target price on shares of Kimberly-Clark from $118.00 to $113.00 and set a “sell” rating for the company in a research report on Thursday, October 9th. JPMorgan Chase & Co. raised their price target on Kimberly-Clark from $127.00 to $129.00 and gave the company a “neutral” rating in a research report on Friday, October 31st. Finally, Barclays set a $132.00 price objective on Kimberly-Clark in a research note on Monday, November 3rd. Three research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Kimberly-Clark has an average rating of “Hold” and an average price target of $126.00.

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.