Kimberly-Clark (NYSE:KMB) Issues Earnings Results, Beats Estimates By $0.06 EPS | MarketBeat

2022-07-30 18:28:57 By : Mr. Jack Wang

Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:

Kimberly-Clark (NYSE:KMB - Get Rating) announced its quarterly earnings results on Tuesday. The company reported $1.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.28 by $0.06, reports. The company had revenue of $5.06 billion for the quarter, compared to analysts' expectations of $4.99 billion. Kimberly-Clark had a net margin of 8.86% and a return on equity of 253.93%. Kimberly-Clark's quarterly revenue was up 7.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.47 earnings per share. Kimberly-Clark updated its FY22 guidance to $5.60-6.00 EPS.Kimberly-Clark Price Performance

KMB stock opened at $133.42 on Tuesday. The stock has a market cap of $44.95 billion, a PE ratio of 25.71, a P/E/G ratio of 4.59 and a beta of 0.33. The company has a current ratio of 0.81, a quick ratio of 0.50 and a debt-to-equity ratio of 9.49. Kimberly-Clark has a 12 month low of $117.32 and a 12 month high of $145.79. The company has a 50-day moving average price of $131.51 and a 200 day moving average price of $131.66. Kimberly-Clark Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 5th. Stockholders of record on Friday, June 10th were given a dividend of $1.16 per share. The ex-dividend date of this dividend was Thursday, June 9th. This represents a $4.64 annualized dividend and a dividend yield of 3.48%. Kimberly-Clark's payout ratio is 89.40%. Insider Activity

In other news, insider Tristram Wilkinson sold 2,069 shares of the company's stock in a transaction on Thursday, May 5th. The shares were sold at an average price of $137.17, for a total value of $283,804.73. Following the sale, the insider now directly owns 14,102 shares of the company's stock, valued at approximately $1,934,371.34. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, insider Tristram Wilkinson sold 2,069 shares of the firm's stock in a transaction that occurred on Thursday, May 5th. The shares were sold at an average price of $137.17, for a total value of $283,804.73. Following the sale, the insider now owns 14,102 shares of the company's stock, valued at $1,934,371.34. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Doug Cunningham sold 3,627 shares of Kimberly-Clark stock in a transaction on Monday, May 2nd. The shares were sold at an average price of $138.00, for a total transaction of $500,526.00. Following the completion of the transaction, the insider now owns 4,242 shares in the company, valued at $585,396. The disclosure for this sale can be found here. In the last quarter, insiders sold 47,394 shares of company stock worth $6,625,387. 0.55% of the stock is currently owned by corporate insiders. Institutional Investors Weigh In On Kimberly-Clark

Several institutional investors and hedge funds have recently made changes to their positions in KMB. Cowa LLC acquired a new stake in Kimberly-Clark in the 1st quarter valued at approximately $54,000. Fairfield Bush & CO. acquired a new stake in shares of Kimberly-Clark during the first quarter worth $96,000. Lumature Wealth Partners LLC grew its stake in Kimberly-Clark by 851.9% in the first quarter. Lumature Wealth Partners LLC now owns 1,980 shares of the company's stock valued at $244,000 after acquiring an additional 1,772 shares during the period. Fund Management at Engine No. 1 LLC acquired a new position in shares of Kimberly-Clark during the first quarter worth about $351,000. Finally, Merit Financial Group LLC raised its holdings in Kimberly-Clark by 23.9% during the first quarter. Merit Financial Group LLC now owns 4,102 shares of the company's stock worth $505,000 after acquiring an additional 791 shares in the last quarter. 74.32% of the stock is owned by institutional investors and hedge funds. Wall Street Analysts Forecast Growth

Several research firms recently weighed in on KMB. Wells Fargo & Company raised their target price on shares of Kimberly-Clark from $128.00 to $135.00 and gave the company an "equal weight" rating in a research note on Monday, April 25th. UBS Group reduced their target price on shares of Kimberly-Clark to $136.00 in a research report on Friday. JPMorgan Chase & Co. lowered their target price on shares of Kimberly-Clark from $118.00 to $113.00 in a research note on Wednesday, March 30th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Kimberly-Clark from $130.00 to $138.00 in a report on Monday, April 25th. Finally, upgraded shares of Kimberly-Clark from a "hold" rating to a "buy" rating in a research report on Friday. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $130.71.About Kimberly-Clark (Get Rating)

Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care and consumer tissue products worldwide. It operates through three segments: Personal Care, Consumer Tissue, and K-C Professional. The Personal Care segment offers disposable diapers, swimpants, training and youth pants, baby wipes, feminine and incontinence care products, and other related products under the Huggies, Pull-Ups, Little Swimmers, GoodNites, DryNites, Sweety, Kotex, U by Kotex, Intimus, Depend, Plenitud, Softex, Poise, and other brand names.Featured StoriesGet a free copy of the research report on Kimberly-Clark (KMB)Oil & Gas Stocks That Will Likely Outperform Despite Falling Crude PricesIs NIO’s Valuation a Bull Trap or a Screaming Buy?Is RPM International Shifting Into High Gear? MarketBeat Podcast Bear Market Tips For Active TradersPalantir Stock is Showing Signs of Life

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to

Before you consider Kimberly-Clark, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Kimberly-Clark wasn't on the list.

While Kimberly-Clark currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

Complete the form below to receive the latest headlines and analysts' recommendations for your stocks with our free daily email newsletter:

Today Kate chats with Clark Kendall, CEO of Kendall Capital. Clark offers some practical steps to allocate your money, as well as invest for tax advantages.

Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:

View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.

Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.

Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

Twitter Facebook StockTwits Financial Juice YouTube

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved. 326 E 8th St #105, Sioux Falls, SD 57103 | | (844) 978-6257 MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.