Yellowstone Partners LLC Invests $403,000 in Kimberly Clark Corp (KMB)

Yellowstone Partners LLC purchased a new position in shares of Kimberly Clark Corp (NYSE:KMB) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund purchased 3,421 shares of the company’s stock, valued at approximately $403,000.

Other large investors have also modified their holdings of the company. San Francisco Sentry Investment Group CA boosted its stake in Kimberly Clark by 2,385.0% during the 3rd quarter. San Francisco Sentry Investment Group CA now owns 994 shares of the company’s stock worth $117,000 after acquiring an additional 954 shares during the last quarter. Heritage Trust Co boosted its stake in Kimberly Clark by 11.2% during the 2nd quarter. Heritage Trust Co now owns 995 shares of the company’s stock worth $128,000 after acquiring an additional 100 shares during the last quarter. Armbruster Capital Management Inc. boosted its stake in Kimberly Clark by 15.9% during the 2nd quarter. Armbruster Capital Management Inc. now owns 1,043 shares of the company’s stock worth $135,000 after acquiring an additional 143 shares during the last quarter. Mosaic Family Wealth LLC boosted its stake in Kimberly Clark by 0.5% during the 2nd quarter. Mosaic Family Wealth LLC now owns 1,116 shares of the company’s stock worth $144,000 after acquiring an additional 6 shares during the last quarter. Finally, MPS Loria Financial Planners LLC bought a new position in Kimberly Clark during the 2nd quarter worth approximately $150,000. Institutional investors own 71.46% of the company’s stock.

Kimberly Clark Corp (KMB) opened at $116.66 on Thursday. The company has a quick ratio of 0.64, a current ratio of 0.97 and a debt-to-equity ratio of 14.17. Kimberly Clark Corp has a one year low of $109.67 and a one year high of $136.21. The firm has a market cap of $40,191.79, a P/E ratio of 19.25, a price-to-earnings-growth ratio of 2.80 and a beta of 0.75.

Kimberly Clark (NYSE:KMB) last announced its quarterly earnings results on Monday, October 23rd. The company reported $1.60 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.54 by $0.06. Kimberly Clark had a net margin of 11.89% and a return on equity of 666.97%. The firm had revenue of $4.64 billion for the quarter, compared to analyst estimates of $4.65 billion. During the same quarter in the previous year, the firm posted $1.52 earnings per share. The business’s revenue was up 1.0% on a year-over-year basis. equities research analysts expect that Kimberly Clark Corp will post 6.2 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 3rd. Stockholders of record on Friday, December 8th were given a $0.97 dividend. This represents a $3.88 dividend on an annualized basis and a dividend yield of 3.33%. The ex-dividend date was Thursday, December 7th. Kimberly Clark’s dividend payout ratio is presently 64.03%.

Several research analysts recently weighed in on KMB shares. Societe Generale raised shares of Kimberly Clark from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $112.05 to $144.00 in a research note on Thursday, November 2nd. Zacks Investment Research raised shares of Kimberly Clark from a “hold” rating to a “buy” rating and set a $134.00 price objective on the stock in a research note on Wednesday, January 10th. Royal Bank of Canada reissued a “hold” rating and set a $121.00 price objective on shares of Kimberly Clark in a research note on Friday, October 13th. Citigroup reissued a “hold” rating and set a $125.00 price objective (down previously from $131.00) on shares of Kimberly Clark in a research note on Tuesday, October 24th. Finally, Barclays reissued a “hold” rating on shares of Kimberly Clark in a research note on Thursday, October 26th. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $126.50.

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Kimberly Clark 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 (NYSE:KMB)

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