Posted by admin on Jul 31st, 2022

Kimberly-Clark (NYSE:KMB – Get Rating) had its price objective decreased by Deutsche Bank Aktiengesellschaft from $138.00 to $134.00 in a research note published on Wednesday, The Fly reports. Deutsche Bank Aktiengesellschaft currently has a maintains rating on the stock.

Several other brokerages also recently weighed in on KMB. Morgan Stanley raised their price target on shares of Kimberly-Clark from $133.00 to $137.00 and gave the company an equal weight rating in a research report on Monday, April 25th. StockNews.com raised shares of Kimberly-Clark from a hold rating to a buy rating in a research report on Friday, July 22nd. Barclays cut their target price on shares of Kimberly-Clark from $129.00 to $124.00 and set an equal weight rating for the company in a research report on Monday, May 23rd. Wells Fargo & Company lifted their target price on shares of Kimberly-Clark from $128.00 to $135.00 and gave the stock an equal weight rating in a research report on Monday, April 25th. Finally, UBS Group cut their target price on shares of Kimberly-Clark to $136.00 in a research report on Friday, July 22nd. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of Hold and an average price target of $130.86.

Shares of NYSE KMB opened at $131.79 on Wednesday. Kimberly-Clark has a fifty-two week low of $117.32 and a fifty-two week high of $145.79. The company has a 50 day simple moving average of $131.56 and a two-hundred day simple moving average of $131.44. The company has a market capitalization of $44.40 billion, a price-to-earnings ratio of 25.39, a P/E/G ratio of 4.62 and a beta of 0.33. The company has a debt-to-equity ratio of 9.49, a quick ratio of 0.50 and a current ratio of 0.81.

Kimberly-Clark (NYSE:KMB – Get Rating) last announced its earnings results on Tuesday, July 26th. The company reported $1.34 earnings per share for the quarter, missing analysts’ consensus estimates of $1.35 by ($0.01). Kimberly-Clark had a net margin of 8.86% and a return on equity of 253.93%. The business had revenue of $5.06 billion for the quarter, compared to the consensus estimate of $4.99 billion. During the same period in the prior year, the business posted $1.47 EPS. Kimberly-Clark’s revenue for the quarter was up 7.2% on a year-over-year basis. Analysts expect that Kimberly-Clark will post 5.77 EPS for the current fiscal year.

In related news, CEO Michael D. Hsu sold 41,698 shares of Kimberly-Clark stock in a transaction on Thursday, May 12th. The shares were sold at an average price of $140.08, for a total transaction of $5,841,055.84. Following the transaction, the chief executive officer now owns 89,593 shares in the company, valued at approximately $12,550,187.44. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In related news, 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 transaction, the insider now owns 4,242 shares in the company, valued at approximately $585,396. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Michael D. Hsu sold 41,698 shares of Kimberly-Clark stock in a transaction on Thursday, May 12th. The shares were sold at an average price of $140.08, for a total transaction of $5,841,055.84. Following the transaction, the chief executive officer now owns 89,593 shares in the company, valued at approximately $12,550,187.44. The disclosure for this sale can be found here. In the last quarter, insiders have sold 47,394 shares of company stock worth $6,625,387. 0.55% of the stock is owned by corporate insiders.

Several hedge funds have recently bought and sold shares of KMB. Bivin & Associates Inc. purchased a new stake in Kimberly-Clark in the 4th quarter worth $26,000. HWG Holdings LP purchased a new stake in Kimberly-Clark in the 4th quarter worth $29,000. Lumature Wealth Partners LLC lifted its stake in Kimberly-Clark by 66.4% in the 4th quarter. Lumature Wealth Partners LLC now owns 208 shares of the company’s stock worth $30,000 after purchasing an additional 83 shares in the last quarter. Roble Belko & Company Inc increased its holdings in shares of Kimberly-Clark by 69.5% in the 1st quarter. Roble Belko & Company Inc now owns 256 shares of the company’s stock worth $32,000 after buying an additional 105 shares during the last quarter. Finally, West Oak Capital LLC increased its holdings in shares of Kimberly-Clark by 50.0% in the 2nd quarter. West Oak Capital LLC now owns 240 shares of the company’s stock worth $32,000 after buying an additional 80 shares during the last quarter. Hedge funds and other institutional investors own 74.32% of the company’s stock.

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.

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