Kimberly-Clark Corporation $KMB Stock Sold by Vise Technologies Inc.

Vise Technologies Inc. decreased its stake in Kimberly-Clark Corporation (NASDAQ:KMB) by 40.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,472 shares of the company’s stock after selling 5,041 shares during the period. Vise Technologies Inc.’s holdings in Kimberly-Clark were worth $728,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Lynch Investment Planning LLC purchased a new position in Kimberly-Clark during the 3rd quarter worth approximately $26,000. John Boyer Inc. acquired a new position in Kimberly-Clark in the third quarter valued at $28,000. Edmond DE Rothschild Holding S.A. acquired a new stake in shares of Kimberly-Clark during the second quarter worth about $32,000. Ancora Advisors LLC purchased a new position in shares of Kimberly-Clark during the second quarter worth about $32,000. Finally, Clearstead Trust LLC acquired a new position in Kimberly-Clark in the 2nd quarter valued at about $33,000. 76.29% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Kimberly-Clark

Here are the key news stories impacting Kimberly-Clark this week:

• Positive Sentiment: Kimberly-Clark has raised its dividend for 55 consecutive years, a record that may appeal to income-focused investors. The article discusses the income potential of a $10,000 investment, though it does not report a new dividend increase. Article: Kimberly-Clark Has Raised Its Dividend for 55 Straight Years
• Neutral Sentiment: BNP Paribas Exane and Barclays raised their price targets to $112, but both maintained neutral or equal-weight ratings, signaling limited conviction in near-term upside. BNP Paribas Exane ratings Barclays ratings
• Neutral Sentiment: A report characterized analysts as neutral on Kimberly-Clark, reinforcing a cautious view rather than pointing to a clear positive catalyst. Article: Analysts Are Neutral on These Consumer Goods Stocks
• Neutral Sentiment: A short-interest report lists zero shares short and zero days to cover, despite describing short interest as having increased. The figures are inconsistent, so they offer no reliable bearish signal.
• Negative Sentiment: A separate article says Kimberly-Clark is facing several challenges, which may weigh on investor sentiment, though the provided summary does not specify them. Article: What’s Wrong With Kimberly-Clark Stock?

Analysts Set New Price Targets

Several equities research analysts recently weighed in on KMB shares. Seaport Research Partners raised Kimberly-Clark to a “buy” rating in a report on Tuesday, August 4th. DA Davidson increased their price target on shares of Kimberly-Clark from $106.00 to $116.00 and gave the stock a “neutral” rating in a report on Wednesday, August 5th. BNP Paribas Exane increased their target price on Kimberly-Clark from $110.00 to $112.00 and gave the stock a “neutral” rating in a research note on Monday. Weiss Ratings restated a “hold (c)” rating on shares of Kimberly-Clark in a research note on Monday, October 26th. Finally, Rothschild & Co Redburn cut their price objective on Kimberly-Clark from $138.00 to $129.00 and set a “buy” rating for the company in a research report on Friday, October 9th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $113.20.

Kimberly-Clark Price Performance

Kimberly-Clark stock opened at $110.76 on Wednesday. Kimberly-Clark Corporation has a 52 week low of $92.42 and a 52 week high of $116.82. The company has a quick ratio of 0.65, a current ratio of 0.89 and a debt-to-equity ratio of 1.91. The firm’s 50-day simple moving average is $102.69 and its 200 day simple moving average is $103.33. The firm has a market capitalization of $36.84 billion, a PE ratio of 15.27, a P/E/G ratio of 6.69 and a beta of 0.25.

Kimberly-Clark (NASDAQ:KMB) last announced its earnings results on Thursday, November 5th. The company reported $1.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.65 by $0.05. The company had revenue of $4.13 billion during the quarter, compared to analysts’ expectations of $4.13 billion. Kimberly-Clark had a net margin of 19.93% and a return on equity of 114.93%. The firm’s quarterly revenue was down 1.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.82 earnings per share. On average, equities research analysts predict that Kimberly-Clark Corporation will post 7.41 EPS for the current fiscal year.

About Kimberly-Clark

Kimberly-Clark Corporation is a global consumer products company that develops and sells personal care, tissue and hygiene products. Its offerings include diapers and training pants, feminine care and adult incontinence products, facial and bathroom tissues, paper towels and wipes. The company’s portfolio includes brands such as Huggies, Kleenex, Scott, Cottonelle, Depend, Poise and Kotex. Kimberly-Clark also provides products for businesses and institutions, including workplace and professional-use tissue and hygiene products.