Kimberly-Clark Corporation $KMB Stock: Canvas Wealth Advisors LLC Grows Stake

Canvas Wealth Advisors LLC raised its position in Kimberly-Clark Corporation (NASDAQ:KMB – Free Report) by 19.0% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 51,724 shares of the company’s stock after purchasing an additional 8,261 shares during the period. Kimberly-Clark makes up 0.6% of Canvas Wealth Advisors LLC’s portfolio, making the stock its 29th biggest holding. Canvas Wealth Advisors LLC’s holdings in Kimberly-Clark were worth $5,039,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently modified their holdings of the company. Mystic Asset Management Inc. grew its stake in shares of Kimberly-Clark by 0.5% in the third quarter. Mystic Asset Management Inc. now owns 20,354 shares of the company’s stock valued at $1,983,000 after acquiring an additional 109 shares in the last quarter. Assetmark Inc. raised its stake in Kimberly-Clark by 0.6% in the 1st quarter. Assetmark Inc. now owns 20,216 shares of the company’s stock worth $1,950,000 after purchasing an additional 121 shares in the last quarter. Annex Advisory Services LLC boosted its holdings in Kimberly-Clark by 2.0% in the 3rd quarter. Annex Advisory Services LLC now owns 6,533 shares of the company’s stock valued at $637,000 after purchasing an additional 125 shares during the period. Modera Wealth Management LLC boosted its holdings in Kimberly-Clark by 3.9% in the 3rd quarter. Modera Wealth Management LLC now owns 3,414 shares of the company’s stock valued at $333,000 after purchasing an additional 129 shares during the period. Finally, Pension & Wealth Management Advisors Inc. grew its position in shares of Kimberly-Clark by 37.5% during the 3rd quarter. Pension & Wealth Management Advisors Inc. now owns 517 shares of the company’s stock worth $50,000 after purchasing an additional 141 shares in the last quarter. Institutional investors and hedge funds own 76.29% of the company’s stock.

Key Kimberly-Clark News

Here are the key news stories impacting Kimberly-Clark this week:

  • Positive Sentiment: KMB reported third-quarter EPS of $1.70, beating the $1.65 consensus, and reaffirmed its 2026 outlook. The earnings beat was helped by lower interest costs, while the company highlighted $1.9 billion in expected Kenvue-related synergies. Zacks Q3 earnings coverage
  • Positive Sentiment: Piper Sandler raised its price target to $137 and maintained an overweight rating, while Wells Fargo lifted its target to $110 but kept an equal-weight rating. Analyst rating information
  • Neutral Sentiment: Kenvue integration is a key focus for management. The expected synergies could support growth, but investors will be watching execution and the financial impact of the acquisition. Earnings call coverage
  • Negative Sentiment: Revenue was $4.13 billion, in line with estimates but down 1.2% year over year. China diaper-related sales damage and pricing pressure continue to weigh on performance, and inflation remains a challenge. Reuters report on China demand

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the stock. Rothschild & Co Redburn lowered their target price on shares of Kimberly-Clark from $138.00 to $129.00 and set a “buy” rating on the stock in a report on Friday, October 9th. Freedom Capital upgraded Kimberly-Clark from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 4th. Wells Fargo & Company increased their price target on Kimberly-Clark from $100.00 to $110.00 and gave the stock an “equal weight” rating in a research report on Friday. TD Cowen lowered their price objective on Kimberly-Clark from $104.00 to $97.00 and set a “hold” rating on the stock in a research note on Tuesday, October 13th. Finally, Bank of America dropped their price objective on Kimberly-Clark from $122.00 to $120.00 and set a “buy” rating for the company in a report on Friday, September 25th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $112.60.

View Our Latest Analysis on Kimberly-Clark

Kimberly-Clark Price Performance

Kimberly-Clark stock traded down $2.03 during trading hours on Friday, reaching $108.43. 7,504,566 shares of the stock were exchanged, compared to its average volume of 5,118,409. The company has a current ratio of 0.91, a quick ratio of 0.69 and a debt-to-equity ratio of 3.45. Kimberly-Clark Corporation has a twelve month low of $92.42 and a twelve month high of $116.82. The company has a market cap of $36.06 billion, a P/E ratio of 10.94, a price-to-earnings-growth ratio of 5.85 and a beta of 0.25. The stock has a 50 day moving average of $102.59 and a two-hundred day moving average of $103.23.

Kimberly-Clark (NASDAQ:KMB – Get Free Report) last issued its earnings results on Thursday, November 5th. The company reported $1.70 EPS for the quarter, beating the consensus estimate of $1.65 by $0.05. Kimberly-Clark had a net margin of 11.79% and a return on equity of 143.92%. The company had revenue of $4.13 billion during the quarter, compared to analysts’ expectations of $4.13 billion. During the same period in the previous year, the company earned $1.82 EPS. The business’s revenue for the quarter was down 1.2% compared to the same quarter last year. Equities analysts expect that Kimberly-Clark Corporation will post 7.38 EPS for the current fiscal year.

Kimberly-Clark Company Profile

(Free Report)

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Institutional Ownership by Quarter for Kimberly-Clark (NASDAQ:KMB)

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