Kimberly-Clark Co. (NYSE:KMB) Shares Bought by Haverford Trust Co

Haverford Trust Co raised its position in Kimberly-Clark Co. (NYSE:KMB) by 2.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 24,733 shares of the company’s stock after acquiring an additional 631 shares during the period. Haverford Trust Co’s holdings in Kimberly-Clark were worth $3,519,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of KMB. William B. Walkup & Associates Inc. acquired a new stake in Kimberly-Clark in the second quarter valued at approximately $26,000. Crewe Advisors LLC purchased a new position in shares of Kimberly-Clark in the first quarter worth $27,000. New Millennium Group LLC purchased a new position in shares of Kimberly-Clark in the second quarter worth $28,000. Strategic Financial Concepts LLC purchased a new position in shares of Kimberly-Clark in the second quarter worth $32,000. Finally, DiNuzzo Private Wealth Inc. raised its holdings in shares of Kimberly-Clark by 808.0% in the third quarter. DiNuzzo Private Wealth Inc. now owns 227 shares of the company’s stock worth $32,000 after buying an additional 202 shares during the last quarter. 76.29% of the stock is currently owned by institutional investors and hedge funds.

Kimberly-Clark Stock Up 0.0 %

Shares of NYSE KMB opened at $132.19 on Thursday. The company’s 50-day simple moving average is $140.40 and its 200-day simple moving average is $139.23. Kimberly-Clark Co. has a 52-week low of $117.67 and a 52-week high of $149.30. The firm has a market cap of $44.08 billion, a price-to-earnings ratio of 17.15, a price-to-earnings-growth ratio of 2.78 and a beta of 0.40. The company has a quick ratio of 0.55, a current ratio of 0.83 and a debt-to-equity ratio of 4.77.

Kimberly-Clark (NYSE:KMB) last posted its quarterly earnings results on Tuesday, October 22nd. The company reported $1.83 earnings per share for the quarter, topping analysts’ consensus estimates of $1.69 by $0.14. The firm had revenue of $4.95 billion for the quarter, compared to analyst estimates of $5.06 billion. Kimberly-Clark had a net margin of 12.97% and a return on equity of 198.59%. Kimberly-Clark’s quarterly revenue was down 3.5% on a year-over-year basis. During the same period in the previous year, the business posted $1.74 earnings per share. Equities analysts predict that Kimberly-Clark Co. will post 7.26 EPS for the current fiscal year.

Kimberly-Clark Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 3rd. Shareholders of record on Friday, December 6th will be paid a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a yield of 3.69%. Kimberly-Clark’s dividend payout ratio (DPR) is presently 63.29%.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on KMB shares. Deutsche Bank Aktiengesellschaft raised their price target on shares of Kimberly-Clark from $146.00 to $147.00 and gave the stock a “hold” rating in a report on Tuesday, October 8th. TD Cowen began coverage on shares of Kimberly-Clark in a report on Tuesday, July 23rd. They set a “buy” rating and a $161.00 target price for the company. StockNews.com cut shares of Kimberly-Clark from a “strong-buy” rating to a “buy” rating in a report on Tuesday, July 30th. Royal Bank of Canada reissued an “outperform” rating and set a $165.00 target price on shares of Kimberly-Clark in a report on Wednesday, October 23rd. Finally, JPMorgan Chase & Co. reduced their target price on shares of Kimberly-Clark from $142.00 to $140.00 and set an “underweight” rating for the company in a report on Wednesday, October 23rd. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $149.93.

Kimberly-Clark Company 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.