DoubleLine ETF Adviser LP Purchases New Holdings in Kimberly-Clark Corporation $KMB

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DoubleLine ETF Adviser LP has acquired a new position in Kimberly-Clark Corporation, purchasing 17,622 shares valued at approximately $2.19 million in the third quarter. Kimberly-Clark has also increased its quarterly dividend to $1.28 per share, representing a 5.2% yield, with the ex-dividend date on March 6th. Despite a slight dip in revenue year-over-year, the company reported Q4 EPS of $1.86, beating analyst estimates, and analysts maintain a consensus “Hold” rating with a target price of $116.42.

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