Kimberly-Clark Corporation (KMB) Stake Held by White Pine Capital LLC

White Pine Capital LLC continued to hold its stake in shares of Kimberly-Clark Corporation (NYSE:KMB) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,912 shares of the company’s stock at the end of the second quarter. White Pine Capital LLC’s holdings in Kimberly-Clark Corporation were worth $247,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. State Street Corp lifted its holdings in Kimberly-Clark Corporation by 1.3% during the 1st quarter. State Street Corp now owns 17,653,917 shares of the company’s stock valued at $2,323,785,000 after purchasing an additional 225,993 shares during the last quarter. Wells Fargo & Company MN lifted its holdings in Kimberly-Clark Corporation by 3.3% during the 2nd quarter. Wells Fargo & Company MN now owns 5,666,819 shares of the company’s stock valued at $731,643,000 after purchasing an additional 181,517 shares during the last quarter. Federated Investors Inc. PA lifted its holdings in Kimberly-Clark Corporation by 1.7% during the 2nd quarter. Federated Investors Inc. PA now owns 3,266,146 shares of the company’s stock valued at $421,692,000 after purchasing an additional 55,108 shares during the last quarter. FMR LLC lifted its holdings in Kimberly-Clark Corporation by 23.4% during the 1st quarter. FMR LLC now owns 2,589,395 shares of the company’s stock valued at $340,841,000 after purchasing an additional 491,121 shares during the last quarter. Finally, APG Asset Management N.V. lifted its holdings in Kimberly-Clark Corporation by 85.3% during the 2nd quarter. APG Asset Management N.V. now owns 2,018,144 shares of the company’s stock valued at $260,563,000 after purchasing an additional 929,300 shares during the last quarter. 70.40% of the stock is owned by hedge funds and other institutional investors.

Several equities research analysts have weighed in on the stock. Citigroup Inc. set a $132.00 price objective on shares of Kimberly-Clark Corporation and gave the company a “hold” rating in a research report on Wednesday, July 26th. BidaskClub cut shares of Kimberly-Clark Corporation from a “sell” rating to a “strong sell” rating in a research report on Monday, July 31st. Berenberg Bank restated a “hold” rating on shares of Kimberly-Clark Corporation in a research report on Thursday, July 27th. Zacks Investment Research cut shares of Kimberly-Clark Corporation from a “hold” rating to a “sell” rating in a research report on Monday, July 24th. Finally, UBS AG restated a “neutral” rating and issued a $119.00 price objective (down previously from $120.00) on shares of Kimberly-Clark Corporation in a research report on Wednesday, July 26th. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and two have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $127.14.

Kimberly-Clark Corporation (NYSE:KMB) opened at $114.14 on Monday. 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 Corporation has a one year low of $109.67 and a one year high of $136.21. The firm has a market cap of $40,149.58, a P/E ratio of 18.68, a price-to-earnings-growth ratio of 2.97 and a beta of 0.74.

Kimberly-Clark Corporation (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 Corporation 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 Corporation will post 6.2 EPS for the current year.

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About Kimberly-Clark Corporation

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.

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Institutional Ownership by Quarter for Kimberly-Clark Corporation (NYSE:KMB)

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