Kimberly-Clark Co. (NYSE:KMB) Receives $149.93 Consensus PT from Analysts

Shares of Kimberly-Clark Co. (NYSE:KMB) have earned a consensus recommendation of “Hold” from the fifteen ratings firms that are presently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and six have given a buy recommendation to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $149.93.

A number of equities analysts have commented on the company. Deutsche Bank Aktiengesellschaft raised their price objective on Kimberly-Clark from $146.00 to $147.00 and gave the stock a “hold” rating in a research note on Tuesday, October 8th. Royal Bank of Canada restated an “outperform” rating and issued a $165.00 target price on shares of Kimberly-Clark in a research report on Wednesday, October 23rd. Barclays increased their price target on shares of Kimberly-Clark from $135.00 to $144.00 and gave the stock an “equal weight” rating in a research report on Friday, October 11th. UBS Group lowered their price target on Kimberly-Clark from $153.00 to $151.00 and set a “neutral” rating for the company in a report on Wednesday, October 23rd. Finally, JPMorgan Chase & Co. reduced their price target on shares of Kimberly-Clark from $142.00 to $140.00 and set an “underweight” rating on the stock in a research note on Wednesday, October 23rd.

Insider Transactions at Kimberly-Clark

In other Kimberly-Clark news, VP Andrew Drexler sold 3,000 shares of the company’s stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $139.01, for a total transaction of $417,030.00. Following the sale, the vice president now owns 5,053 shares of the company’s stock, valued at approximately $702,417.53. This represents a 37.25 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.62% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Kimberly-Clark

Several large investors have recently added to or reduced their stakes in the business. &PARTNERS acquired a new stake in Kimberly-Clark in the second quarter worth $1,080,000. Catalina Capital Group LLC bought a new stake in Kimberly-Clark in the 2nd quarter valued at about $272,000. Field & Main Bank raised its stake in Kimberly-Clark by 3.3% during the 2nd quarter. Field & Main Bank now owns 2,750 shares of the company’s stock worth $380,000 after buying an additional 88 shares during the period. Independence Bank of Kentucky grew its stake in Kimberly-Clark by 20.6% in the second quarter. Independence Bank of Kentucky now owns 1,173 shares of the company’s stock valued at $162,000 after acquiring an additional 200 shares during the period. Finally, Sigma Investment Counselors Inc. bought a new stake in shares of Kimberly-Clark during the second quarter valued at approximately $314,000. Institutional investors and hedge funds own 76.29% of the company’s stock.

Kimberly-Clark Price Performance

Shares of NYSE KMB opened at $131.32 on Friday. The firm has a market cap of $43.79 billion, a P/E ratio of 17.03, a price-to-earnings-growth ratio of 2.74 and a beta of 0.40. The business’s 50 day moving average is $136.03 and its 200-day moving average is $139.32. The company has a current ratio of 0.83, a quick ratio of 0.55 and a debt-to-equity ratio of 4.77. Kimberly-Clark has a 1-year low of $117.67 and a 1-year high of $149.30.

Kimberly-Clark (NYSE:KMB) last posted its quarterly earnings data on Tuesday, October 22nd. The company reported $1.83 earnings per share for the quarter, topping the consensus estimate of $1.69 by $0.14. Kimberly-Clark had a return on equity of 198.59% and a net margin of 12.97%. The firm had revenue of $4.95 billion for the quarter, compared to analysts’ expectations of $5.06 billion. During the same quarter last year, the business earned $1.74 EPS. The company’s quarterly revenue was down 3.5% compared to the same quarter last year. Equities research analysts predict that Kimberly-Clark will post 7.27 earnings per share for the current year.

Kimberly-Clark Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, January 3rd. Stockholders of record on Friday, December 6th will be given a $1.22 dividend. The ex-dividend date is Friday, December 6th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.72%. Kimberly-Clark’s dividend payout ratio (DPR) is currently 63.29%.

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.