Kimberly-Clark Corporation (NYSE:KMB) was downgraded by stock analysts at BidaskClub from a “hold” rating to a “sell” rating in a research note issued on Tuesday, July 11th.

A number of other brokerages have also recently issued reports on KMB. Zacks Investment Research cut shares of Kimberly-Clark Corporation from a “buy” rating to a “hold” rating in a report on Thursday, April 13th. Citigroup Inc. set a $134.00 target price on shares of Kimberly-Clark Corporation and gave the company a “sell” rating in a report on Friday, July 7th. Vetr cut shares of Kimberly-Clark Corporation from a “buy” rating to a “hold” rating and set a $139.00 target price on the stock. in a report on Tuesday, April 18th. J P Morgan Chase & Co started coverage on shares of Kimberly-Clark Corporation in a report on Tuesday, March 21st. They issued a “neutral” rating and a $139.00 target price on the stock. Finally, TheStreet raised shares of Kimberly-Clark Corporation from a “c+” rating to an “a-” rating in a report on Wednesday, April 26th. Four research analysts have rated the stock with a sell rating, twelve have given a hold rating and one has given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $133.14.

Shares of Kimberly-Clark Corporation (KMB) opened at 121.32 on Tuesday. The stock has a 50 day moving average price of $127.36 and a 200 day moving average price of $128.48. Kimberly-Clark Corporation has a 12 month low of $111.30 and a 12 month high of $136.21. The firm has a market capitalization of $42.86 billion, a P/E ratio of 20.26 and a beta of 0.76.

Kimberly-Clark Corporation (NYSE:KMB) last issued its earnings results on Tuesday, July 25th. The company reported $1.49 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $1.49. The company had revenue of $4.55 billion for the quarter, compared to analysts’ expectations of $4.56 billion. Kimberly-Clark Corporation had a net margin of 11.82% and a return on equity of 636.30%. Kimberly-Clark Corporation’s quarterly revenue was down .7% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.53 EPS. On average, analysts expect that Kimberly-Clark Corporation will post $6.21 earnings per share for the current year.

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In other Kimberly-Clark Corporation news, insider Sergio Cruz sold 7,078 shares of the stock in a transaction that occurred on Wednesday, May 31st. The shares were sold at an average price of $130.01, for a total transaction of $920,210.78. Following the transaction, the insider now owns 4,910 shares in the company, valued at approximately $638,349.10. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Thomas J. Mielke sold 20,108 shares of the stock in a transaction that occurred on Tuesday, May 16th. The stock was sold at an average price of $128.11, for a total transaction of $2,576,035.88. Following the transaction, the senior vice president now owns 23,543 shares in the company, valued at approximately $3,016,093.73. The disclosure for this sale can be found here. Corporate insiders own 0.56% of the company’s stock.

Several hedge funds have recently bought and sold shares of KMB. Mosaic Family Wealth LLC raised its stake in Kimberly-Clark Corporation by 0.5% in the second quarter. Mosaic Family Wealth LLC now owns 1,116 shares of the company’s stock valued at $144,000 after buying an additional 6 shares in the last quarter. Winch Advisory Services LLC raised its stake in Kimberly-Clark Corporation by 0.6% in the first quarter. Winch Advisory Services LLC now owns 1,396 shares of the company’s stock valued at $184,000 after buying an additional 8 shares in the last quarter. Investment Partners Ltd. OH ADV raised its stake in Kimberly-Clark Corporation by 0.3% in the second quarter. Investment Partners Ltd. OH ADV now owns 2,852 shares of the company’s stock valued at $368,000 after buying an additional 8 shares in the last quarter. Alpha Windward LLC raised its stake in Kimberly-Clark Corporation by 0.4% in the first quarter. Alpha Windward LLC now owns 2,371 shares of the company’s stock valued at $312,000 after buying an additional 10 shares in the last quarter. Finally, Jackson Grant Investment Advisers Inc. raised its stake in Kimberly-Clark Corporation by 0.6% in the fourth quarter. Jackson Grant Investment Advisers Inc. now owns 2,450 shares of the company’s stock valued at $280,000 after buying an additional 14 shares in the last quarter. Institutional investors and hedge funds own 70.89% of the company’s stock.

Kimberly-Clark Corporation 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’s segments include Personal Care, Consumer Tissue, K-C Professional and Corporate & Other. 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.

Analyst Recommendations for Kimberly-Clark Corporation (NYSE:KMB)

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