Blake Schutter Theil Wealth Advisors LLC Buys Shares of 1,489 Kimberly-Clark Co. (NYSE:KMB)

Blake Schutter Theil Wealth Advisors LLC purchased a new position in Kimberly-Clark Co. (NYSE:KMB) in the third quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 1,489 shares of the company’s stock, valued at approximately $212,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. William B. Walkup & Associates Inc. acquired a new stake in Kimberly-Clark in the second quarter worth approximately $26,000. Crewe Advisors LLC bought a new position in Kimberly-Clark during the first quarter valued at about $27,000. New Millennium Group LLC acquired a new position in Kimberly-Clark during the second quarter worth about $28,000. Strategic Financial Concepts LLC acquired a new position in Kimberly-Clark during the second quarter worth about $32,000. Finally, DiNuzzo Private Wealth Inc. raised its position in Kimberly-Clark by 808.0% in the third quarter. DiNuzzo Private Wealth Inc. now owns 227 shares of the company’s stock worth $32,000 after acquiring an additional 202 shares in the last quarter. 76.29% of the stock is currently owned by institutional investors.

Kimberly-Clark Trading Up 0.5 %

NYSE KMB opened at $132.24 on Friday. The company has a current ratio of 0.83, a quick ratio of 0.55 and a debt-to-equity ratio of 4.77. Kimberly-Clark Co. has a 1-year low of $117.67 and a 1-year high of $149.30. The firm’s fifty day simple moving average is $141.37 and its 200-day simple moving average is $139.26. The company has a market capitalization of $44.10 billion, a PE ratio of 17.15, a price-to-earnings-growth ratio of 2.81 and a beta of 0.40.

Kimberly-Clark (NYSE:KMB) last issued its earnings results on Tuesday, October 22nd. The company reported $1.83 earnings per share for the quarter, topping the consensus estimate of $1.69 by $0.14. The company had revenue of $4.95 billion for the quarter, compared to analyst estimates of $5.06 billion. Kimberly-Clark had a return on equity of 198.59% and a net margin of 12.97%. The business’s revenue was down 3.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.74 EPS. As a group, sell-side analysts anticipate that Kimberly-Clark Co. will post 7.26 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on KMB shares. Barclays lifted their price objective on shares of Kimberly-Clark from $135.00 to $144.00 and gave the stock an “equal weight” rating in a research note on Friday, October 11th. UBS Group dropped their price target on Kimberly-Clark from $153.00 to $151.00 and set a “neutral” rating on the stock in a report on Wednesday, October 23rd. Royal Bank of Canada reiterated an “outperform” rating and set a $165.00 price objective on shares of Kimberly-Clark in a research report on Wednesday, October 23rd. StockNews.com cut Kimberly-Clark from a “strong-buy” rating to a “buy” rating in a report on Tuesday, July 30th. Finally, Argus raised Kimberly-Clark to a “hold” rating in a report on Friday, July 26th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, Kimberly-Clark has a consensus rating of “Hold” and an average price target 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.