Natixis Advisors LLC Buys 99,011 Shares of Kimberly-Clark Co. (NYSE:KMB)

Natixis Advisors LLC boosted its holdings in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) by 84.1% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 216,748 shares of the company's stock after acquiring an additional 99,011 shares during the quarter. Natixis Advisors LLC owned approximately 0.06% of Kimberly-Clark worth $30,839,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in KMB. CX Institutional boosted its position in Kimberly-Clark by 1.2% during the second quarter. CX Institutional now owns 5,968 shares of the company's stock worth $825,000 after purchasing an additional 71 shares during the period. Wesbanco Bank Inc. raised its holdings in Kimberly-Clark by 0.9% in the 3rd quarter. Wesbanco Bank Inc. now owns 7,739 shares of the company's stock worth $1,101,000 after acquiring an additional 71 shares during the period. My Legacy Advisors LLC lifted its position in Kimberly-Clark by 4.6% during the 3rd quarter. My Legacy Advisors LLC now owns 1,741 shares of the company's stock worth $248,000 after acquiring an additional 76 shares during the last quarter. Graypoint LLC boosted its holdings in Kimberly-Clark by 1.5% during the third quarter. Graypoint LLC now owns 5,315 shares of the company's stock valued at $756,000 after acquiring an additional 78 shares during the period. Finally, Equitable Trust Co. increased its stake in shares of Kimberly-Clark by 0.9% in the second quarter. Equitable Trust Co. now owns 9,066 shares of the company's stock worth $1,253,000 after purchasing an additional 80 shares during the period. 76.29% of the stock is currently owned by institutional investors and hedge funds.

Kimberly-Clark Price Performance

NYSE KMB traded up $1.93 on Monday, hitting $136.01. 2,035,744 shares of the company were exchanged, compared to its average volume of 2,109,889. 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 company has a market cap of $45.36 billion, a P/E ratio of 17.46, a P/E/G ratio of 2.81 and a beta of 0.40. Kimberly-Clark Co. has a 1-year low of $117.67 and a 1-year high of $149.30. The firm has a 50 day moving average of $139.49 and a two-hundred day moving average of $139.15.

Kimberly-Clark (NYSE:KMB - Get Free Report) last issued its quarterly earnings results on Tuesday, October 22nd. The company reported $1.83 earnings per share for the quarter, beating analysts' consensus estimates of $1.69 by $0.14. Kimberly-Clark had a net margin of 12.97% and a return on equity of 198.59%. The business had revenue of $4.95 billion during the quarter, compared to analyst estimates of $5.06 billion. During the same quarter last year, the business posted $1.74 earnings per share. Kimberly-Clark's revenue for the quarter was down 3.5% compared to the same quarter last year. On average, equities analysts predict that Kimberly-Clark Co. will post 7.27 EPS for the current year.

Kimberly-Clark Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 3rd. Shareholders of record on Friday, December 6th will be given a dividend of $1.22 per share. The ex-dividend date is Friday, December 6th. This represents a $4.88 dividend on an annualized basis and a yield of 3.59%. Kimberly-Clark's payout ratio is presently 63.29%.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft upped their price target on Kimberly-Clark from $146.00 to $147.00 and gave the stock a "hold" rating in a report on Tuesday, October 8th. StockNews.com downgraded shares of Kimberly-Clark from a "strong-buy" rating to a "buy" rating in a report on Tuesday, July 30th. UBS Group decreased their target price on Kimberly-Clark from $153.00 to $151.00 and set a "neutral" rating on the stock in a research report on Wednesday, October 23rd. JPMorgan Chase & Co. reduced their price objective on Kimberly-Clark from $142.00 to $140.00 and set an "underweight" rating for the company in a research report on Wednesday, October 23rd. Finally, Argus upgraded Kimberly-Clark to a "hold" rating in a research report on Friday, July 26th. Two 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 MarketBeat, the company currently 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.