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Kimberly-Clark Corporation $KMB Position Boosted by Bank of Montreal Can
Bank of Montreal Can increased its stake in Kimberly-Clark Corporation (KMB) by 17.8% in Q3, now owning 503,134 shares worth $62.6 million. The company recently raised its quarterly dividend to $1.28 per share, offering an annualized yield of approximately 5.2%. Despite missing revenue estimates, Kimberly-Clark surpassed EPS expectations in its latest earnings report, with analysts maintaining a “Hold” rating and an average price target of $119.00.