Kimberly-Clark Co. (NYSE:KMB) Shares Acquired by Intact Investment Management Inc.

Intact Investment Management Inc. increased its position in shares of Kimberly-Clark Co. (NYSE:KMB) by 98.1% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 68,630 shares of the company’s stock after purchasing an additional 33,990 shares during the period. Intact Investment Management Inc.’s holdings in Kimberly-Clark were worth $9,765,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in KMB. Price T Rowe Associates Inc. MD lifted its holdings in shares of Kimberly-Clark by 19.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,893,146 shares of the company’s stock valued at $762,279,000 after buying an additional 944,920 shares during the period. Wulff Hansen & CO. boosted its position in shares of Kimberly-Clark by 13,720.0% during the 2nd quarter. Wulff Hansen & CO. now owns 641,524 shares of the company’s stock worth $88,659,000 after purchasing an additional 636,882 shares in the last quarter. Marshall Wace LLP grew its stake in shares of Kimberly-Clark by 48.4% during the 2nd quarter. Marshall Wace LLP now owns 1,545,147 shares of the company’s stock worth $213,539,000 after purchasing an additional 503,839 shares during the period. Dimensional Fund Advisors LP increased its holdings in shares of Kimberly-Clark by 22.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,934,655 shares of the company’s stock valued at $267,383,000 after purchasing an additional 354,501 shares in the last quarter. Finally, Capital World Investors lifted its stake in shares of Kimberly-Clark by 17.8% in the first quarter. Capital World Investors now owns 2,269,492 shares of the company’s stock valued at $293,559,000 after purchasing an additional 342,790 shares during the period. Hedge funds and other institutional investors own 76.29% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have weighed in on KMB shares. UBS Group lowered their target price on shares of Kimberly-Clark from $153.00 to $151.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 23rd. Barclays raised their price objective on Kimberly-Clark from $135.00 to $144.00 and gave the company an “equal weight” rating in a research note on Friday, October 11th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $165.00 price objective on shares of Kimberly-Clark in a report on Wednesday, October 23rd. Deutsche Bank Aktiengesellschaft upped their target price on Kimberly-Clark from $146.00 to $147.00 and gave the company a “hold” rating in a report on Tuesday, October 8th. Finally, StockNews.com downgraded Kimberly-Clark from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, July 30th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $149.93.

Kimberly-Clark Price Performance

Kimberly-Clark stock opened at $134.61 on Monday. The stock has a market capitalization of $44.89 billion, a P/E ratio of 17.46, a P/E/G ratio of 2.82 and a beta of 0.40. Kimberly-Clark Co. has a 12-month low of $117.67 and a 12-month high of $149.30. The company has a debt-to-equity ratio of 4.77, a current ratio of 0.83 and a quick ratio of 0.55. The firm’s 50-day moving average is $142.00 and its two-hundred day moving average is $139.20.

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

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.