Canvas Wealth Advisors LLC grew its stake in Kimberly-Clark Corporation (NASDAQ:KMB – Free Report) by 19.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 51,724 shares of the company’s stock after acquiring an additional 8,261 shares during the period. Kimberly-Clark accounts for approximately 0.6% of Canvas Wealth Advisors LLC’s holdings, making the stock its 29th largest position. Canvas Wealth Advisors LLC’s holdings in Kimberly-Clark were worth $5,039,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also modified their holdings of the company. Asset One Wealth Management LLC acquired a new stake in Kimberly-Clark in the third quarter valued at $384,000. International Assets Investment Management LLC increased its stake in shares of Kimberly-Clark by 27.2% during the 3rd quarter. International Assets Investment Management LLC now owns 35,491 shares of the company’s stock worth $3,348,000 after purchasing an additional 7,591 shares during the last quarter. Calamos Advisors LLC increased its stake in shares of Kimberly-Clark by 2.1% during the 3rd quarter. Calamos Advisors LLC now owns 86,443 shares of the company’s stock worth $8,422,000 after purchasing an additional 1,749 shares during the last quarter. Alta Advisers Ltd acquired a new position in shares of Kimberly-Clark during the 3rd quarter worth about $210,000. Finally, Kestra Advisory Services LLC raised its holdings in shares of Kimberly-Clark by 18.4% in the 3rd quarter. Kestra Advisory Services LLC now owns 117,171 shares of the company’s stock valued at $11,566,000 after purchasing an additional 18,198 shares during the period. Institutional investors and hedge funds own 76.29% of the company’s stock.
Key Stories Impacting Kimberly-Clark
Here are the key news stories impacting Kimberly-Clark this week:
- Positive Sentiment: KMB reported third-quarter EPS of $1.70, beating the $1.65 consensus, and reaffirmed its 2026 outlook. The earnings beat was helped by lower interest costs, while the company highlighted $1.9 billion in expected Kenvue-related synergies. Zacks Q3 earnings coverage
- Positive Sentiment: Piper Sandler raised its price target to $137 and maintained an overweight rating, while Wells Fargo lifted its target to $110 but kept an equal-weight rating. Analyst rating information
- Neutral Sentiment: Kenvue integration is a key focus for management. The expected synergies could support growth, but investors will be watching execution and the financial impact of the acquisition. Earnings call coverage
- Negative Sentiment: Revenue was $4.13 billion, in line with estimates but down 1.2% year over year. China diaper-related sales damage and pricing pressure continue to weigh on performance, and inflation remains a challenge. Reuters report on China demand
Kimberly-Clark Stock Performance
Shares of KMB traded down $2.03 during trading hours on Friday, hitting $108.43. The company had a trading volume of 7,504,566 shares, compared to its average volume of 5,118,409. The business has a fifty day moving average of $102.59 and a 200-day moving average of $103.23. The company has a quick ratio of 0.69, a current ratio of 0.91 and a debt-to-equity ratio of 3.45. The firm has a market cap of $36.06 billion, a price-to-earnings ratio of 10.94, a PEG ratio of 5.85 and a beta of 0.25. Kimberly-Clark Corporation has a 12 month low of $92.42 and a 12 month high of $116.82.
Kimberly-Clark (NASDAQ:KMB – Get Free Report) last announced its earnings results on Thursday, November 5th. The company reported $1.70 EPS for the quarter, topping the consensus estimate of $1.65 by $0.05. Kimberly-Clark had a net margin of 11.79% and a return on equity of 143.92%. The business had revenue of $4.13 billion during the quarter, compared to the consensus estimate of $4.13 billion. During the same quarter in the previous year, the firm posted $1.82 EPS. Kimberly-Clark’s revenue was down 1.2% compared to the same quarter last year. Equities analysts anticipate that Kimberly-Clark Corporation will post 7.38 EPS for the current fiscal year.
Analyst Ratings Changes
Several brokerages recently issued reports on KMB. Wells Fargo & Company raised their target price on shares of Kimberly-Clark from $100.00 to $110.00 and gave the company an “equal weight” rating in a research note on Friday. Canaccord Genuity Group started coverage on Kimberly-Clark in a research report on Friday, October 23rd. They set a “hold” rating and a $105.00 price target on the stock. Piper Sandler upped their price objective on Kimberly-Clark from $118.00 to $137.00 and gave the company an “overweight” rating in a research note on Friday. Barclays cut their price objective on Kimberly-Clark from $115.00 to $105.00 and set an “equal weight” rating for the company in a research report on Monday, September 14th. Finally, DA Davidson lifted their target price on Kimberly-Clark from $106.00 to $116.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Kimberly-Clark presently has an average rating of “Hold” and an average price target of $112.60.
Check Out Our Latest Analysis on KMB
Kimberly-Clark Profile
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