Kimberly-Clark Corporation $KMB Stock Purchased by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. grew its stake in shares of Kimberly-Clark Corporation (NASDAQ:KMB) by 12.0% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 178,225 shares of the company’s stock after acquiring an additional 19,157 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Kimberly-Clark were worth $17,364,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. AdvisorNet Financial Inc increased its position in shares of Kimberly-Clark by 18.3% in the first quarter. AdvisorNet Financial Inc now owns 665 shares of the company’s stock worth $64,000 after purchasing an additional 103 shares during the period. Mystic Asset Management Inc. lifted its position in Kimberly-Clark by 0.5% during the third quarter. Mystic Asset Management Inc. now owns 20,354 shares of the company’s stock worth $1,983,000 after purchasing an additional 109 shares during the period. Assetmark Inc. lifted its position in Kimberly-Clark by 0.6% during the first quarter. Assetmark Inc. now owns 20,216 shares of the company’s stock worth $1,950,000 after purchasing an additional 121 shares during the period. Annex Advisory Services LLC grew its stake in Kimberly-Clark by 2.0% during the third quarter. Annex Advisory Services LLC now owns 6,533 shares of the company’s stock worth $637,000 after buying an additional 125 shares in the last quarter. Finally, Root Financial Partners LLC grew its stake in Kimberly-Clark by 17.6% during the first quarter. Root Financial Partners LLC now owns 847 shares of the company’s stock worth $82,000 after buying an additional 127 shares in the last quarter. 76.29% of the stock is owned by institutional investors and hedge funds.

Kimberly-Clark Price Performance

Kimberly-Clark stock opened at $110.15 on Friday. The company has a debt-to-equity ratio of 3.45, a quick ratio of 0.69 and a current ratio of 0.91. Kimberly-Clark Corporation has a 52 week low of $92.42 and a 52 week high of $123.09. The stock has a market capitalization of $36.63 billion, a P/E ratio of 15.08, a price-to-earnings-growth ratio of 6.07 and a beta of 0.25. The stock has a fifty day moving average of $102.70 and a 200-day moving average of $103.03.

Kimberly-Clark (NASDAQ:KMB) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $1.80 earnings per share for the quarter, missing the consensus estimate of $2.01 by ($0.21). The business had revenue of $4.19 billion for the quarter, compared to the consensus estimate of $4.22 billion. Kimberly-Clark had a return on equity of 143.92% and a net margin of 11.79%. Kimberly-Clark’s quarterly revenue was up .6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.92 earnings per share. On average, sell-side analysts expect that Kimberly-Clark Corporation will post 6.83 earnings per share for the current fiscal year.

Kimberly-Clark Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, October 2nd. Shareholders of record on Friday, September 4th were paid a dividend of $1.28 per share. The ex-dividend date of this dividend was Friday, September 4th. This represents a $5.12 annualized dividend and a yield of 4.6%. Kimberly-Clark’s payout ratio is presently 87.07%.

Analyst Ratings Changes

Several equities analysts have commented on the stock. BNP Paribas Exane raised their target price on shares of Kimberly-Clark from $101.00 to $110.00 and gave the company a “neutral” rating in a report on Friday, October 16th. Zacks Research downgraded shares of Kimberly-Clark from a “hold” rating to a “strong sell” rating in a report on Tuesday. Barclays upped their price target on shares of Kimberly-Clark from $101.00 to $115.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 21st. Weiss Ratings upgraded shares of Kimberly-Clark from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, July 28th. Finally, Seaport Research Partners raised shares of Kimberly-Clark to a “buy” rating in a research note on Tuesday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $115.73.

Kimberly-Clark Company Profile

Kimberly-Clark Corporation (NASDAQ:KMB) is a global consumer products company that develops and markets personal care, tissue and professional hygiene products. Its portfolio includes products for babies and children, feminine care, adult care, family care and workplace hygiene.

The company’s well-known brands include Huggies diapers and wipes, Kleenex facial tissue, Cottonelle bathroom tissue, Scott toilet paper and paper towels, Kotex feminine care products, and Depend, Poise and GoodNites products.