Human Investing LLC Grows Stake in Kimberly-Clark Co. (NYSE:KMB)

Human Investing LLC boosted its stake in Kimberly-Clark Co. (NYSE:KMB) by 3.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,066 shares of the company’s stock after acquiring an additional 107 shares during the period. Human Investing LLC’s holdings in Kimberly-Clark were worth $436,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. William B. Walkup & Associates Inc. acquired a new position in Kimberly-Clark during the second quarter worth about $26,000. Crewe Advisors LLC purchased a new position in shares of Kimberly-Clark during the first quarter valued at approximately $27,000. New Millennium Group LLC acquired a new stake in shares of Kimberly-Clark during the second quarter worth $28,000. Strategic Financial Concepts LLC acquired a new position in shares of Kimberly-Clark during the 2nd quarter valued at about $32,000. Finally, DiNuzzo Private Wealth Inc. increased its holdings in shares of Kimberly-Clark by 808.0% during the 3rd quarter. DiNuzzo Private Wealth Inc. now owns 227 shares of the company’s stock worth $32,000 after buying an additional 202 shares during the last quarter. 76.29% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on KMB shares. Barclays boosted their target price on Kimberly-Clark from $135.00 to $144.00 and gave the stock an “equal weight” rating in a report on Friday, October 11th. UBS Group decreased their price objective on shares of Kimberly-Clark from $153.00 to $151.00 and set a “neutral” rating for the company in a research note on Wednesday, October 23rd. TD Cowen started coverage on shares of Kimberly-Clark in a research note on Tuesday, July 23rd. They issued a “buy” rating and a $161.00 target price on the stock. Piper Sandler upped their target price on Kimberly-Clark from $167.00 to $174.00 and gave the stock an “overweight” rating in a research report on Thursday, July 11th. Finally, Deutsche Bank Aktiengesellschaft boosted 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. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, Kimberly-Clark has a consensus rating of “Hold” and an average target price of $149.93.

Kimberly-Clark Stock Performance

NYSE KMB traded up $0.47 during trading hours on Friday, reaching $134.65. The company’s stock had a trading volume of 261,485 shares, compared to its average volume of 2,112,956. The company has a current ratio of 0.83, a quick ratio of 0.55 and a debt-to-equity ratio of 4.77. The business has a 50-day simple moving average of $142.18 and a 200 day simple moving average of $138.94. Kimberly-Clark Co. has a 52 week low of $117.67 and a 52 week high of $149.30. The stock has a market cap of $44.90 billion, a PE ratio of 17.40, a PEG ratio of 2.82 and a beta of 0.39.

Kimberly-Clark (NYSE:KMB) last announced 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. The company had revenue of $4.95 billion for the quarter, compared to analyst estimates of $5.06 billion. Kimberly-Clark had a net margin of 12.97% and a return on equity of 198.59%. Kimberly-Clark’s revenue was down 3.5% compared to the same quarter last year. During the same quarter last year, the business earned $1.74 earnings per share. Equities research analysts predict that Kimberly-Clark Co. will post 7.26 earnings per share for the current fiscal year.

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.