S&CO Inc. Has $2.27 Million Stake in Kimberly-Clark Corporation $KMB

S&CO Inc. cut its stake in Kimberly-Clark Corporation (NASDAQ:KMB) by 5.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 17,606 shares of the company’s stock after selling 1,024 shares during the period. S&CO Inc.’s holdings in Kimberly-Clark were worth $2,269,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the company. Vise Technologies Inc. bought a new stake in shares of Kimberly-Clark in the second quarter valued at about $2,207,000. Allworth Financial LP lifted its stake in Kimberly-Clark by 3.0% in the 2nd quarter. Allworth Financial LP now owns 14,568 shares of the company’s stock valued at $1,878,000 after acquiring an additional 428 shares in the last quarter. Illinois Municipal Retirement Fund boosted its position in Kimberly-Clark by 13.6% during the 2nd quarter. Illinois Municipal Retirement Fund now owns 149,060 shares of the company’s stock worth $19,217,000 after acquiring an additional 17,822 shares during the last quarter. Fidelis Capital Partners LLC grew its stake in shares of Kimberly-Clark by 11.4% during the 2nd quarter. Fidelis Capital Partners LLC now owns 1,926 shares of the company’s stock worth $263,000 after acquiring an additional 197 shares in the last quarter. Finally, Nuance Investments LLC raised its holdings in shares of Kimberly-Clark by 35.1% in the second quarter. Nuance Investments LLC now owns 149,384 shares of the company’s stock valued at $19,259,000 after purchasing an additional 38,789 shares during the last quarter. Institutional investors own 76.29% of the company’s stock.

Wall Street Analyst Weigh In

KMB has been the subject of a number of analyst reports. Barclays set a $132.00 target price on shares of Kimberly-Clark in a research report on Monday, November 3rd. Morgan Stanley decreased their price objective on Kimberly-Clark from $144.00 to $125.00 and set an “equal weight” rating for the company in a report on Tuesday, November 4th. UBS Group lifted their target price on Kimberly-Clark from $130.00 to $132.00 and gave the company a “neutral” rating in a research report on Friday, October 31st. TD Cowen reduced their price target on Kimberly-Clark from $135.00 to $130.00 and set a “hold” rating for the company in a research report on Friday, October 31st. Finally, JPMorgan Chase & Co. boosted their price target on Kimberly-Clark from $127.00 to $129.00 and gave the stock a “neutral” rating in a research report on Friday, October 31st. Two investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Kimberly-Clark currently has a consensus rating of “Hold” and an average price target of $129.80.

Kimberly-Clark Trading Up 3.1%

Kimberly-Clark stock opened at $103.85 on Monday. Kimberly-Clark Corporation has a 52 week low of $99.22 and a 52 week high of $150.45. The company has a debt-to-equity ratio of 4.61, a quick ratio of 0.56 and a current ratio of 0.77. The stock has a market capitalization of $34.46 billion, a P/E ratio of 14.30, a PEG ratio of 3.67 and a beta of 0.26. The stock has a 50-day simple moving average of $121.10 and a 200 day simple moving average of $128.58.

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 the consensus estimate of $1.45 by $0.37. Kimberly-Clark had a return on equity of 184.87% and a net margin of 12.87%.The firm had revenue of $4.15 billion for the quarter, compared to analyst estimates of $4.14 billion. During the same quarter in the prior year, the company earned $1.83 earnings per share. The business’s revenue for the quarter was up .1% compared to the same quarter last year. Analysts expect that Kimberly-Clark Corporation will post 7.5 earnings per share for the current year.

About Kimberly-Clark

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.