Posted by admin on Jul 29th, 2022

Kimberly-Clark Co. (NYSE:KMB – Get Rating) has earned an average rating of “Hold” from the fifteen analysts that are covering the company, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $130.86.

KMB has been the subject of several research reports. Morgan Stanley boosted their price target on shares of Kimberly-Clark from $133.00 to $137.00 and gave the stock an “equal weight” rating in a research note on Monday, April 25th. StockNews.com raised shares of Kimberly-Clark from a “hold” rating to a “buy” rating in a report on Friday, July 22nd. UBS Group increased their price target on shares of Kimberly-Clark from $136.00 to $142.00 and gave the stock a “neutral” rating in a report on Wednesday. Royal Bank of Canada increased their target price on shares of Kimberly-Clark from $122.00 to $124.00 and gave the company a “sector perform” rating in a report on Monday, April 25th. Finally, Barclays lowered their price target on shares of Kimberly-Clark from $129.00 to $124.00 and set an “equal weight” rating on the stock in a research report on Monday, May 23rd.

Shares of NYSE KMB opened at $133.26 on Friday. The business’s 50 day moving average is $131.49 and its two-hundred day moving average is $131.60. The firm has a market cap of $44.90 billion, a price-to-earnings ratio of 25.68, a PEG ratio of 4.62 and a beta of 0.33. The company has a quick ratio of 0.50, a current ratio of 0.81 and a debt-to-equity ratio of 9.49. Kimberly-Clark has a 52-week low of $117.32 and a 52-week high of $145.79.

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

In other Kimberly-Clark news, CEO Michael D. Hsu sold 41,698 shares of the business’s stock in a transaction dated 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 sale, the chief executive officer now directly owns 89,593 shares in the company, valued at approximately $12,550,187.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other Kimberly-Clark news, insider Tristram Wilkinson sold 2,069 shares of the business’s stock in a transaction dated Thursday, May 5th. The shares were sold at an average price of $137.17, for a total transaction of $283,804.73. Following the sale, the insider now directly owns 14,102 shares in the company, 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 link. Also, CEO Michael D. Hsu sold 41,698 shares of the business’s stock in a transaction dated Thursday, May 12th. The stock was sold at an average price of $140.08, for a total transaction of $5,841,055.84. Following the sale, the chief executive officer now owns 89,593 shares in the company, valued at $12,550,187.44. The disclosure for this sale can be found here. Insiders sold 47,394 shares of company stock valued at $6,625,387 in the last ninety days. Company insiders own 0.55% of the company’s stock.

A number of hedge funds and other institutional investors have recently made changes to their positions in KMB. Bivin & Associates Inc. bought a new stake in shares of Kimberly-Clark in the 4th quarter worth approximately $26,000. HWG Holdings LP bought a new stake in shares of Kimberly-Clark in the 4th quarter worth approximately $29,000. Lumature Wealth Partners LLC raised its holdings in shares of 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 position in shares of Kimberly-Clark by 69.5% in the first quarter. Roble Belko & Company Inc now owns 256 shares of the company’s stock worth $32,000 after acquiring an additional 105 shares in the last quarter. Finally, West Oak Capital LLC increased its position in shares of Kimberly-Clark by 50.0% in the second quarter. West Oak Capital LLC now owns 240 shares of the company’s stock worth $32,000 after acquiring an additional 80 shares in the last quarter. 74.32% of the stock is currently owned by institutional investors.

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.

Receive News & Ratings for Kimberly-Clark Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kimberly-Clark and related companies with MarketBeat.com's FREE daily email newsletter.

First Quantum Minerals Ltd. (TSE:FM) Given Consensus Rating of “Hold” by Analysts

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) Sees Significant Increase in Short Interest