Price T Rowe Associates Inc. MD Grows Stock Position in Kimberly-Clark Co. (NYSE:KMB)

Price T Rowe Associates Inc. MD raised its holdings in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) by 5.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,529,108 shares of the company's stock after buying an additional 417,118 shares during the period. Price T Rowe Associates Inc. MD owned about 2.26% of Kimberly-Clark worth $986,616,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. SageView Advisory Group LLC increased its position in Kimberly-Clark by 4.5% in the fourth quarter. SageView Advisory Group LLC now owns 1,706 shares of the company's stock worth $224,000 after buying an additional 74 shares in the last quarter. OneDigital Investment Advisors LLC raised its position in shares of Kimberly-Clark by 0.5% during the fourth quarter. OneDigital Investment Advisors LLC now owns 14,559 shares of the company's stock valued at $1,908,000 after buying an additional 78 shares during the last quarter. Confluence Wealth Services Inc. boosted its position in shares of Kimberly-Clark by 5.1% during the fourth quarter. Confluence Wealth Services Inc. now owns 1,637 shares of the company's stock worth $208,000 after acquiring an additional 80 shares during the last quarter. YHB Investment Advisors Inc. increased its holdings in Kimberly-Clark by 3.4% in the 4th quarter. YHB Investment Advisors Inc. now owns 2,519 shares of the company's stock valued at $330,000 after acquiring an additional 83 shares during the last quarter. Finally, Ascent Wealth Partners LLC boosted its holdings in shares of Kimberly-Clark by 1.0% during the 4th quarter. Ascent Wealth Partners LLC now owns 9,321 shares of the company's stock valued at $1,221,000 after purchasing an additional 90 shares during the last quarter. 76.29% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. Evercore ISI dropped their target price on Kimberly-Clark from $168.00 to $155.00 and set an "outperform" rating for the company in a research report on Wednesday, April 23rd. Wells Fargo & Company lifted their target price on Kimberly-Clark from $130.00 to $140.00 and gave the stock an "equal weight" rating in a research report on Friday, March 28th. JPMorgan Chase & Co. upped their price target on shares of Kimberly-Clark from $124.00 to $131.00 and gave the stock an "underweight" rating in a report on Friday, April 11th. UBS Group lifted their price objective on shares of Kimberly-Clark from $134.00 to $146.00 and gave the company a "neutral" rating in a report on Thursday, April 17th. Finally, Citigroup reduced their price objective on Kimberly-Clark from $125.00 to $118.00 and set a "sell" rating on the stock in a report on Wednesday, January 15th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, Kimberly-Clark currently has an average rating of "Hold" and an average price target of $145.08.

Kimberly-Clark Stock Down 0.4 %

Shares of KMB traded down $0.57 during mid-day trading on Tuesday, hitting $130.33. 464,876 shares of the company traded hands, compared to its average volume of 2,120,517. The company has a market capitalization of $43.25 billion, a PE ratio of 17.26, a price-to-earnings-growth ratio of 4.46 and a beta of 0.37. The company has a quick ratio of 0.54, a current ratio of 0.80 and a debt-to-equity ratio of 7.05. The business has a 50 day moving average of $139.48 and a 200 day moving average of $135.38. Kimberly-Clark Co. has a 1-year low of $124.10 and a 1-year high of $150.45.

Kimberly-Clark (NYSE:KMB - Get Free Report) last posted its quarterly earnings results on Tuesday, April 22nd. The company reported $1.93 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.89 by $0.04. Kimberly-Clark had a net margin of 12.69% and a return on equity of 201.43%. The company had revenue of $4.84 billion during the quarter, compared to analyst estimates of $4.90 billion. During the same period last year, the firm posted $2.01 EPS. Equities research analysts anticipate that Kimberly-Clark Co. will post 7.5 EPS for the current year.

Insider Activity

In other Kimberly-Clark news, VP Andrew Drexler sold 10,838 shares of the stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $141.00, for a total transaction of $1,528,158.00. Following the transaction, the vice president now owns 7,720 shares in the company, valued at approximately $1,088,520. This represents a 58.40 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.64% of the company's stock.

Kimberly-Clark 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.