Chicago Partners Investment Group LLC Grows Stock Holdings in Kimberly-Clark Co. (NYSE:KMB)

Chicago Partners Investment Group LLC increased its position in shares of Kimberly-Clark Co. (NYSE:KMB) by 2.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,585 shares of the company’s stock after purchasing an additional 151 shares during the period. Chicago Partners Investment Group LLC’s holdings in Kimberly-Clark were worth $764,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of KMB. Norden Group LLC acquired a new stake in shares of Kimberly-Clark during the 1st quarter worth about $503,000. Diversify Advisory Services LLC acquired a new stake in Kimberly-Clark during the first quarter worth approximately $307,000. Tokio Marine Asset Management Co. Ltd. lifted its position in shares of Kimberly-Clark by 6.1% during the 1st quarter. Tokio Marine Asset Management Co. Ltd. now owns 8,484 shares of the company’s stock worth $1,097,000 after buying an additional 489 shares during the last quarter. Choreo LLC boosted its holdings in shares of Kimberly-Clark by 9.2% in the 1st quarter. Choreo LLC now owns 4,231 shares of the company’s stock valued at $547,000 after buying an additional 355 shares in the last quarter. Finally, Fidelis Capital Partners LLC purchased a new position in shares of Kimberly-Clark in the 1st quarter valued at $130,000. Hedge funds and other institutional investors own 76.29% of the company’s stock.

Kimberly-Clark Trading Up 0.3 %

NYSE KMB opened at $134.61 on Monday. The company has a quick ratio of 0.55, a current ratio of 0.83 and a debt-to-equity ratio of 4.77. The stock has a market capitalization of $44.89 billion, a P/E ratio of 17.46, a P/E/G ratio of 2.82 and a beta of 0.40. Kimberly-Clark Co. has a 52-week low of $117.67 and a 52-week high of $149.30. The firm has a 50-day moving average price of $142.00 and a 200 day moving average price of $139.20.

Kimberly-Clark (NYSE:KMB) last posted its quarterly earnings results on Tuesday, October 22nd. The company reported $1.83 EPS for the quarter, beating the consensus estimate of $1.69 by $0.14. Kimberly-Clark had a return on equity of 198.59% and a net margin of 12.97%. The business had revenue of $4.95 billion during the quarter, compared to analysts’ expectations of $5.06 billion. During the same period last year, the firm earned $1.74 EPS. The company’s quarterly revenue was down 3.5% compared to the same quarter last year. Equities research analysts expect that Kimberly-Clark Co. will post 7.26 EPS for the current year.

Analyst Upgrades and Downgrades

KMB has been the subject of a number of research reports. Royal Bank of Canada reissued an “outperform” rating and issued a $165.00 price target on shares of Kimberly-Clark in a research report on Wednesday, October 23rd. UBS Group decreased their target price on Kimberly-Clark from $153.00 to $151.00 and set a “neutral” rating for the company in a research report on Wednesday, October 23rd. Piper Sandler boosted their price objective on Kimberly-Clark from $167.00 to $174.00 and gave the company an “overweight” rating in a research note on Thursday, July 11th. Deutsche Bank Aktiengesellschaft raised their target price on shares of Kimberly-Clark from $146.00 to $147.00 and gave the stock a “hold” rating in a research report on Tuesday, October 8th. Finally, Argus upgraded shares of Kimberly-Clark to a “hold” rating in a research report on Friday, July 26th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $149.93.

Kimberly-Clark Company 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.