Shoker Investment Counsel Inc. Has $2.34 Million Holdings in Kimberly-Clark Co. (NYSE:KMB)

Shoker Investment Counsel Inc. trimmed its holdings in shares of Kimberly-Clark Co. (NYSE:KMB) by 0.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 16,465 shares of the company’s stock after selling 142 shares during the quarter. Shoker Investment Counsel Inc.’s holdings in Kimberly-Clark were worth $2,343,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Price T Rowe Associates Inc. MD lifted its holdings in Kimberly-Clark by 19.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,893,146 shares of the company’s stock worth $762,279,000 after purchasing an additional 944,920 shares during the last quarter. Capital World Investors grew its stake in Kimberly-Clark by 17.8% in the 1st quarter. Capital World Investors now owns 2,269,492 shares of the company’s stock valued at $293,559,000 after buying an additional 342,790 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in Kimberly-Clark by 22.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,934,655 shares of the company’s stock worth $267,383,000 after acquiring an additional 354,501 shares during the period. Marshall Wace LLP lifted its position in Kimberly-Clark by 48.4% during the 2nd quarter. Marshall Wace LLP now owns 1,545,147 shares of the company’s stock worth $213,539,000 after acquiring an additional 503,839 shares during the last quarter. Finally, ProShare Advisors LLC boosted its holdings in Kimberly-Clark by 9.8% during the first quarter. ProShare Advisors LLC now owns 1,487,835 shares of the company’s stock valued at $192,451,000 after acquiring an additional 132,576 shares during the period. 76.29% of the stock is currently owned by institutional investors.

Kimberly-Clark Stock Performance

Kimberly-Clark stock opened at $133.65 on Friday. The firm has a market capitalization of $44.57 billion, a P/E ratio of 17.33, a P/E/G ratio of 2.77 and a beta of 0.40. The stock has a fifty day moving average price of $140.93 and a two-hundred day moving average price of $139.24. Kimberly-Clark Co. has a 52-week low of $117.67 and a 52-week 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 0.55.

Kimberly-Clark (NYSE:KMB) last announced its 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 business had revenue of $4.95 billion during the quarter, compared to analysts’ expectations of $5.06 billion. Kimberly-Clark had a net margin of 12.97% and a return on equity of 198.59%. The firm’s revenue for the quarter was down 3.5% on a year-over-year basis. During the same quarter last year, the company posted $1.74 EPS. As a group, analysts anticipate that Kimberly-Clark Co. will post 7.26 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

KMB has been the topic of a number of recent analyst reports. Royal Bank of Canada reiterated an “outperform” rating and issued a $165.00 price objective on shares of Kimberly-Clark in a research note on Wednesday, October 23rd. Barclays increased their price objective on Kimberly-Clark from $135.00 to $144.00 and gave the company an “equal weight” rating in a research report on Friday, October 11th. 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. StockNews.com downgraded shares of Kimberly-Clark from a “strong-buy” rating to a “buy” rating in a report on Tuesday, July 30th. Finally, Wells Fargo & Company reduced their target price 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. Two 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. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average 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.