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PNC Financial Services Group Inc. Sells 12,626 Shares of Kimberly-Clark Corporation $KMB
PNC Financial Services Group Inc. reduced its stake in Kimberly-Clark Corporation (KMB) by 2.5% in the third quarter, selling 12,626 shares and ending with 495,076 shares valued at $61.56 million. Despite this, other institutions like Vanguard and Norges Bank significantly increased their holdings. Kimberly-Clark (KMB) raised its quarterly dividend to $1.28 and reported Q3 EPS of $1.86, beating estimates, though revenue was slightly below expectations.