Laurion Capital Management LP boosted its stake in shares of Kimberly-Clark Corporation (NYSE:KMB) by 1.2% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 8,287 shares of the company’s stock after acquiring an additional 100 shares during the quarter. Laurion Capital Management LP’s holdings in Kimberly-Clark Corporation were worth $1,070,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of KMB. APG Asset Management N.V. grew 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 worth $260,563,000 after acquiring an additional 929,300 shares during the last quarter. OMERS ADMINISTRATION Corp bought a new stake in Kimberly-Clark Corporation during the 1st quarter worth about $93,657,000. Alliancebernstein L.P. grew its holdings in Kimberly-Clark Corporation by 83.7% during the 2nd quarter. Alliancebernstein L.P. now owns 1,417,728 shares of the company’s stock worth $183,043,000 after acquiring an additional 645,881 shares during the last quarter. FMR LLC grew 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 worth $340,841,000 after acquiring an additional 491,121 shares during the last quarter. Finally, Principal Financial Group Inc. grew its holdings in Kimberly-Clark Corporation by 89.9% during the 2nd quarter. Principal Financial Group Inc. now owns 987,533 shares of the company’s stock worth $127,500,000 after acquiring an additional 467,559 shares during the last quarter. 70.40% of the stock is currently owned by hedge funds and other institutional investors.

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Kimberly-Clark Corporation (NYSE KMB) opened at $114.32 on Friday. The stock has a market cap of $40,212.86, a PE ratio of 18.71, a PEG ratio of 2.97 and a beta of 0.74. The company has a debt-to-equity ratio of 14.17, a current ratio of 0.97 and a quick ratio of 0.64. Kimberly-Clark Corporation has a one year low of $109.67 and a one year high of $136.21.

Kimberly-Clark Corporation (NYSE:KMB) last issued its earnings results on Monday, October 23rd. The company reported $1.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.54 by $0.06. The company had revenue of $4.64 billion for the quarter, compared to analyst estimates of $4.65 billion. Kimberly-Clark Corporation had a net margin of 11.89% and a return on equity of 666.97%. The company’s revenue for the quarter was up 1.0% on a year-over-year basis. During the same quarter last year, the firm earned $1.52 EPS. sell-side analysts expect that Kimberly-Clark Corporation will post 6.2 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 3rd. Investors of record on Friday, December 8th will be given a $0.97 dividend. The ex-dividend date of this dividend is Thursday, December 7th. This represents a $3.88 dividend on an annualized basis and a dividend yield of 3.39%. Kimberly-Clark Corporation’s dividend payout ratio is 64.03%.

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

Kimberly-Clark Corporation Company Profile

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.

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

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