Kimberly-Clark Corp. (NYSE:KMB)‘s stock had its “market perform” rating reaffirmed by Wells Fargo & Co. in a report issued on Tuesday.

Other equities research analysts also recently issued reports about the stock. Zacks Investment Research downgraded shares of Kimberly-Clark Corp. from a “hold” rating to a “sell” rating in a research report on Tuesday, September 27th. Royal Bank Of Canada cut their price objective on shares of Kimberly-Clark Corp. from $125.00 to $118.00 and set a “sector perform” rating for the company in a research report on Tuesday, October 25th. Goldman Sachs Group Inc. restated a “buy” rating and set a $154.00 price objective on shares of Kimberly-Clark Corp. in a research report on Monday, September 12th. RBC Capital Markets set a $118.00 price objective on shares of Kimberly-Clark Corp. and gave the stock a “hold” rating in a research report on Tuesday, October 25th. Finally, Deutsche Bank AG restated a “hold” rating and set a $132.00 price objective (up from $130.00) on shares of Kimberly-Clark Corp. in a research report on Sunday, July 24th. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $132.60.

Analyst Recommendations for Kimberly-Clark Corp. (NYSE:KMB)

Kimberly-Clark Corp. (NYSE:KMB) opened at 113.09 on Tuesday. The stock has a market capitalization of $40.50 billion, a P/E ratio of 20.57 and a beta of 0.61. Kimberly-Clark Corp. has a 52-week low of $111.30 and a 52-week high of $138.87. The company’s 50-day moving average price is $119.10 and its 200 day moving average price is $126.86.

Kimberly-Clark Corp. (NYSE:KMB) last issued its earnings results on Monday, October 24th. The company reported $1.52 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.54 by $0.02. Kimberly-Clark Corp. had a net margin of 10.96% and a return on equity of 648.51%. The firm earned $4.60 billion during the quarter, compared to analyst estimates of $4.73 billion. During the same quarter last year, the business posted $1.51 earnings per share. The company’s revenue for the quarter was down 2.5% on a year-over-year basis. On average, equities research analysts anticipate that Kimberly-Clark Corp. will post $6.00 earnings per share for the current year.

In related news, SVP Thomas J. Mielke sold 11,946 shares of Kimberly-Clark Corp. stock in a transaction that occurred on Monday, August 22nd. The shares were sold at an average price of $127.37, for a total value of $1,521,562.02. Following the transaction, the senior vice president now directly owns 33,557 shares of the company’s stock, valued at $4,274,155.09. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Robert W. Decherd acquired 2,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 27th. The stock was purchased at an average cost of $113.59 per share, for a total transaction of $227,180.00. Following the completion of the purchase, the director now directly owns 41,944 shares of the company’s stock, valued at $4,764,418.96. The disclosure for this purchase can be found here. 0.58% of the stock is currently owned by corporate insiders.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Panagora Asset Management Inc. boosted its position in shares of Kimberly-Clark Corp. by 173.2% in the third quarter. Panagora Asset Management Inc. now owns 255,777 shares of the company’s stock worth $32,264,000 after buying an additional 162,160 shares during the period. National Asset Management Inc. boosted its position in shares of Kimberly-Clark Corp. by 1.8% in the third quarter. National Asset Management Inc. now owns 2,518 shares of the company’s stock worth $318,000 after buying an additional 44 shares during the period. Fuller & Thaler Asset Management Inc. boosted its position in shares of Kimberly-Clark Corp. by 170.0% in the third quarter. Fuller & Thaler Asset Management Inc. now owns 5,400 shares of the company’s stock worth $681,000 after buying an additional 3,400 shares during the period. Highbridge Capital Management LLC boosted its position in shares of Kimberly-Clark Corp. by 2,433.3% in the third quarter. Highbridge Capital Management LLC now owns 49,000 shares of the company’s stock worth $6,181,000 after buying an additional 51,100 shares during the period. Finally, Stadion Money Management LLC boosted its position in shares of Kimberly-Clark Corp. by 18.3% in the third quarter. Stadion Money Management LLC now owns 16,162 shares of the company’s stock worth $2,039,000 after buying an additional 2,500 shares during the period. 67.79% of the stock is currently owned by institutional investors and hedge funds.

Kimberly-Clark Corp. Company Profile

Kimberly-Clark Corporation is engaged in the manufacturing and marketing of a range of products made from natural or synthetic fibers. The Company operates through three segments: Personal Care, Consumer Tissue and K-C Professional. The Company’s Personal Care segment offers various solutions and products, such as disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products.

5 Day Chart for NYSE:KMB

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