Posted by admin on Jul 29th, 2022

Kimberly-Clark (NYSE:KMB – Get Rating) had its target price upped by stock analysts at UBS Group from $136.00 to $142.00 in a research report issued on Wednesday, MarketBeat.com reports. The brokerage currently has a “neutral” rating on the stock. UBS Group’s price objective would suggest a potential upside of 6.56% from the company’s previous close.

A number of other analysts have also recently commented on KMB. Wells Fargo & Company boosted 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 note on Monday, April 25th. Morgan Stanley upped their price objective on shares of Kimberly-Clark from $133.00 to $137.00 and gave the company an “equal weight” rating in a research note on Monday, April 25th. JPMorgan Chase & Co. dropped their price objective on shares of Kimberly-Clark from $118.00 to $113.00 in a research note on Wednesday, March 30th. The Goldman Sachs Group dropped their price objective on shares of Kimberly-Clark from $130.00 to $124.00 in a research note on Tuesday, March 29th. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on shares of Kimberly-Clark from $138.00 to $134.00 and set a “maintains” rating for the company in a research note on Wednesday. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $130.86.

NYSE KMB opened at $133.26 on Wednesday. The firm’s fifty day simple moving average is $131.49 and its two-hundred day simple moving average is $131.60. 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 firm has a market capitalization of $44.90 billion, a P/E ratio of 25.68, a P/E/G ratio of 4.62 and a beta of 0.33.

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

In other Kimberly-Clark news, CEO Michael D. Hsu sold 41,698 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the chief executive officer now directly owns 89,593 shares in the company, valued at $12,550,187.44. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In other Kimberly-Clark news, insider Tristram Wilkinson sold 2,069 shares of the business’s stock in a transaction on Thursday, May 5th. The shares were sold at an average price of $137.17, for a total transaction of $283,804.73. Following the completion of the sale, the insider now owns 14,102 shares in the company, valued at $1,934,371.34. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Michael D. Hsu sold 41,698 shares of the company’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 transaction, the chief executive officer now owns 89,593 shares of the company’s stock, valued at approximately $12,550,187.44. The disclosure for this sale can be found here. Over the last three months, insiders sold 47,394 shares of company stock worth $6,625,387. 0.55% of the stock is owned by company insiders.

Institutional investors and hedge funds have recently bought and sold shares of the business. Bivin & Associates Inc. acquired a new stake in Kimberly-Clark in the 4th quarter valued at about $26,000. HWG Holdings LP purchased a new stake in Kimberly-Clark during the fourth quarter valued at about $29,000. Lumature Wealth Partners LLC lifted its stake in Kimberly-Clark by 66.4% during the fourth quarter. Lumature Wealth Partners LLC now owns 208 shares of the company’s stock valued at $30,000 after buying an additional 83 shares in the last quarter. Capital Analysts LLC lifted its stake in Kimberly-Clark by 88.1% during the fourth quarter. Capital Analysts LLC now owns 237 shares of the company’s stock valued at $34,000 after buying an additional 111 shares in the last quarter. Finally, West Oak Capital LLC lifted its stake in Kimberly-Clark by 50.0% during the second quarter. West Oak Capital LLC now owns 240 shares of the company’s stock valued at $32,000 after buying an additional 80 shares in the last quarter. 74.32% of the stock is owned by institutional investors and hedge funds.

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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