Crossmark Global Holdings Inc. Has $7.27 Million Holdings in Kimberly-Clark Co. (NYSE:KMB)

Crossmark Global Holdings Inc. raised its holdings in Kimberly-Clark Co. (NYSE:KMB - Free Report) by 89.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 51,104 shares of the company's stock after acquiring an additional 24,076 shares during the period. Crossmark Global Holdings Inc.'s holdings in Kimberly-Clark were worth $7,271,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Oppenheimer & Co. Inc. raised its position in shares of Kimberly-Clark by 6.9% during the first quarter. Oppenheimer & Co. Inc. now owns 18,823 shares of the company's stock worth $2,435,000 after purchasing an additional 1,219 shares during the period. Atomi Financial Group Inc. increased its stake in Kimberly-Clark by 16.2% in the 1st quarter. Atomi Financial Group Inc. now owns 2,025 shares of the company's stock worth $262,000 after purchasing an additional 282 shares during the period. Sei Investments Co. increased its stake in Kimberly-Clark by 4.4% in the 1st quarter. Sei Investments Co. now owns 377,340 shares of the company's stock worth $48,808,000 after purchasing an additional 15,950 shares during the period. Donoghue Forlines LLC bought a new stake in shares of Kimberly-Clark in the 1st quarter worth approximately $414,000. Finally, Russell Investments Group Ltd. boosted its position in shares of Kimberly-Clark by 60.4% during the first quarter. Russell Investments Group Ltd. now owns 291,881 shares of the company's stock valued at $37,695,000 after purchasing an additional 109,875 shares in the last quarter. Institutional investors own 76.29% of the company's stock.

Kimberly-Clark Price Performance

KMB stock traded down $0.33 during trading hours on Monday, hitting $133.28. 1,569,784 shares of the stock traded hands, compared to its average volume of 2,108,736. The stock has a 50-day simple moving average of $140.93 and a 200 day simple moving average of $139.27. Kimberly-Clark Co. has a one year low of $117.67 and a one year high of $149.30. The company has a market cap of $44.45 billion, a P/E ratio of 17.33, a P/E/G ratio of 2.81 and a beta of 0.40. 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 (NYSE:KMB - Get Free Report) last announced its quarterly earnings data on Tuesday, October 22nd. The company reported $1.83 EPS for the quarter, topping analysts' consensus estimates of $1.69 by $0.14. Kimberly-Clark had a return on equity of 198.59% and a net margin of 12.97%. The firm had revenue of $4.95 billion during the quarter, compared to analyst estimates of $5.06 billion. During the same period last year, the company posted $1.74 EPS. The business's quarterly revenue was down 3.5% compared to the same quarter last year. Equities analysts forecast that Kimberly-Clark Co. will post 7.26 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts have issued reports on KMB shares. Royal Bank of Canada reissued an "outperform" rating and set a $165.00 price target on shares of Kimberly-Clark in a report on Wednesday, October 23rd. Argus raised shares of Kimberly-Clark to a "hold" rating in a research report on Friday, July 26th. 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. StockNews.com cut shares of Kimberly-Clark from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, July 30th. Finally, JPMorgan Chase & Co. cut their price target on shares of Kimberly-Clark from $142.00 to $140.00 and set an "underweight" rating for the company in a report on Wednesday, October 23rd. Two equities 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. According to data from MarketBeat.com, Kimberly-Clark currently has an average rating of "Hold" and a consensus 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.