FY2024 EPS Estimates for Kimberly-Clark Increased by Analyst

Kimberly-Clark Co. (NYSE:KMB) – Equities research analysts at Zacks Research increased their FY2024 EPS estimates for shares of Kimberly-Clark in a report released on Tuesday, November 12th. Zacks Research analyst R. Department now forecasts that the company will post earnings of $7.27 per share for the year, up from their previous estimate of $7.21. The consensus estimate for Kimberly-Clark’s current full-year earnings is $7.26 per share. Zacks Research also issued estimates for Kimberly-Clark’s Q4 2024 earnings at $1.47 EPS, Q1 2025 earnings at $1.97 EPS, Q2 2025 earnings at $1.87 EPS, Q3 2025 earnings at $1.86 EPS, Q4 2025 earnings at $1.82 EPS, FY2025 earnings at $7.52 EPS, Q1 2026 earnings at $2.09 EPS, Q2 2026 earnings at $1.97 EPS, Q3 2026 earnings at $1.95 EPS and FY2026 earnings at $7.75 EPS.

Several other equities research analysts also recently weighed in on the stock. TD Cowen began coverage on shares of Kimberly-Clark in a research note on Tuesday, July 23rd. They set a “buy” rating and a $161.00 target price on the stock. UBS Group cut their price objective on Kimberly-Clark from $153.00 to $151.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 23rd. Argus upgraded Kimberly-Clark to a “hold” rating in a report on Friday, July 26th. Deutsche Bank Aktiengesellschaft upped their price target on Kimberly-Clark from $146.00 to $147.00 and gave the stock a “hold” rating in a report on Tuesday, October 8th. Finally, JPMorgan Chase & Co. reduced their price target on Kimberly-Clark from $142.00 to $140.00 and set an “underweight” rating on the stock in a research report on Wednesday, October 23rd. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, Kimberly-Clark currently has a consensus rating of “Hold” and a consensus target price of $149.93.

Kimberly-Clark Stock Down 0.4 %

NYSE:KMB opened at $131.68 on Thursday. Kimberly-Clark has a 52 week low of $117.67 and a 52 week high of $149.30. The company has a quick ratio of 0.55, a current ratio of 0.83 and a debt-to-equity ratio of 4.77. The stock’s fifty day moving average is $140.08 and its two-hundred day moving average is $139.18. The stock has a market capitalization of $43.91 billion, a price-to-earnings ratio of 17.15, a price-to-earnings-growth ratio of 2.78 and a beta of 0.40.

Kimberly-Clark (NYSE:KMB) last released its quarterly earnings results on Tuesday, October 22nd. The company reported $1.83 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.69 by $0.14. Kimberly-Clark had a net margin of 12.97% and a return on equity of 198.59%. The business had revenue of $4.95 billion for the quarter, compared to the consensus estimate of $5.06 billion. During the same period in the previous year, the firm earned $1.74 EPS. The business’s revenue was down 3.5% on a year-over-year basis.

Kimberly-Clark Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 3rd. Shareholders of record on Friday, December 6th will be paid a $1.22 dividend. The ex-dividend date is Friday, December 6th. This represents a $4.88 annualized dividend and a yield of 3.71%. Kimberly-Clark’s dividend payout ratio is presently 63.29%.

Institutional Trading of Kimberly-Clark

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. CX Institutional grew its stake in Kimberly-Clark by 1.2% during the 2nd quarter. CX Institutional now owns 5,968 shares of the company’s stock worth $825,000 after buying an additional 71 shares during the last quarter. Wesbanco Bank Inc. grew its position in shares of Kimberly-Clark by 0.9% during the third quarter. Wesbanco Bank Inc. now owns 7,739 shares of the company’s stock worth $1,101,000 after acquiring an additional 71 shares during the last quarter. My Legacy Advisors LLC increased its holdings in shares of Kimberly-Clark by 4.6% in the 3rd quarter. My Legacy Advisors LLC now owns 1,741 shares of the company’s stock valued at $248,000 after acquiring an additional 76 shares during the period. Thompson Siegel & Walmsley LLC raised its position in Kimberly-Clark by 1.5% in the 3rd quarter. Thompson Siegel & Walmsley LLC now owns 5,337 shares of the company’s stock valued at $759,000 after purchasing an additional 77 shares during the last quarter. Finally, Graypoint LLC boosted its stake in Kimberly-Clark by 1.5% during the 3rd quarter. Graypoint LLC now owns 5,315 shares of the company’s stock worth $756,000 after purchasing an additional 78 shares during the period. Institutional investors and hedge funds own 76.29% of the company’s stock.

Kimberly-Clark Company Profile

Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care and consumer tissue products in the United States. It operates through three segments: Personal Care, Consumer Tissue, and K-C Professional. The company’s Personal Care segment offers disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, reusable underwear, and other related products under the Huggies, Pull-Ups, Little Swimmers, GoodNites, DryNites, Sweety, Kotex, U by Kotex, Intimus, Thinx, Poise, Depend, Plenitud, Softex, and other brand names.