Catalyst Financial Partners LLC Has $3.99 Million Holdings in Kimberly-Clark Co. (NYSE:KMB)

Catalyst Financial Partners LLC grew its holdings in shares of Kimberly-Clark Co. (NYSE:KMB) by 0.9% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 28,017 shares of the company’s stock after purchasing an additional 263 shares during the period. Kimberly-Clark comprises 0.8% of Catalyst Financial Partners LLC’s holdings, making the stock its 22nd largest holding. Catalyst Financial Partners LLC’s holdings in Kimberly-Clark were worth $3,986,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in shares of Kimberly-Clark by 18.2% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 454,104 shares of the company’s stock worth $58,738,000 after acquiring an additional 69,794 shares during the period. Vest Financial LLC lifted its holdings in shares of Kimberly-Clark by 6.5% during the 3rd quarter. Vest Financial LLC now owns 347,269 shares of the company’s stock worth $49,409,000 after acquiring an additional 21,339 shares during the period. Manning & Napier Advisors LLC bought a new stake in shares of Kimberly-Clark during the 2nd quarter worth approximately $14,751,000. Swedbank AB lifted its stake in Kimberly-Clark by 4.0% in the 2nd quarter. Swedbank AB now owns 166,108 shares of the company’s stock valued at $22,956,000 after purchasing an additional 6,392 shares during the last quarter. Finally, PGGM Investments lifted its stake in Kimberly-Clark by 84.6% in the 2nd quarter. PGGM Investments now owns 25,927 shares of the company’s stock valued at $3,583,000 after purchasing an additional 11,882 shares during the last quarter. Institutional investors and hedge funds own 76.29% of the company’s stock.

Kimberly-Clark Stock Down 0.1 %

Shares of NYSE:KMB opened at $134.44 on Thursday. Kimberly-Clark Co. has a 1 year low of $117.67 and a 1 year high of $149.30. The company has a debt-to-equity ratio of 4.77, a current ratio of 0.83 and a quick ratio of 0.58. The business’s 50-day moving average is $142.39 and its 200-day moving average is $138.98. The company has a market capitalization of $45.27 billion, a price-to-earnings ratio of 24.71, a P/E/G ratio of 2.89 and a beta of 0.39.

Kimberly-Clark (NYSE:KMB) last posted its quarterly earnings results on Tuesday, October 22nd. The company reported $1.83 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.69 by $0.14. The firm had revenue of $4.95 billion for the quarter, compared to analysts’ expectations of $5.06 billion. Kimberly-Clark had a return on equity of 198.59% and a net margin of 12.97%. The company’s revenue for the quarter was down 3.5% compared to the same quarter last year. During the same period in the prior year, the business earned $1.74 EPS. Equities research analysts predict that Kimberly-Clark Co. will post 7.25 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. JPMorgan Chase & Co. dropped their price objective on shares of Kimberly-Clark from $142.00 to $140.00 and set an “underweight” rating for the company in a research note on Wednesday, October 23rd. Wells Fargo & Company dropped their price objective on shares of Kimberly-Clark from $138.00 to $134.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 24th. Argus raised shares of Kimberly-Clark to a “hold” rating in a research note on Friday, July 26th. StockNews.com downgraded shares of Kimberly-Clark from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, July 30th. Finally, Piper Sandler upped their price target on shares of Kimberly-Clark from $167.00 to $174.00 and gave the company an “overweight” rating in a research report on Thursday, July 11th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, Kimberly-Clark has a consensus rating of “Hold” and a consensus target price of $149.93.

Kimberly-Clark 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.