Kimberly-Clark Co. (NYSE:KMB) Receives $132.43 Consensus Target Price from Analysts

Shares of Kimberly-Clark Co. (NYSE:KMB) have been given a consensus rating of “Hold” by the twelve ratings firms that are presently covering the company, Marketbeat reports. Three investment analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and three have given a buy recommendation to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $131.85.

KMB has been the topic of several recent research reports. StockNews.com raised shares of Kimberly-Clark from a “hold” rating to a “buy” rating in a research report on Thursday, April 11th. JPMorgan Chase & Co. lifted their target price on shares of Kimberly-Clark from $119.00 to $125.00 and gave the stock an “underweight” rating in a report on Thursday, January 18th. Deutsche Bank Aktiengesellschaft upped their price target on shares of Kimberly-Clark from $127.00 to $132.00 and gave the company a “hold” rating in a report on Thursday, March 28th. Barclays lifted their price objective on Kimberly-Clark from $124.00 to $132.00 and gave the stock an “equal weight” rating in a research note on Friday, April 12th. Finally, Piper Sandler increased their target price on Kimberly-Clark from $145.00 to $152.00 and gave the company an “overweight” rating in a research note on Thursday, March 28th.

Insider Transactions at Kimberly-Clark

In related news, Director Mark T. Smucker bought 827 shares of the business’s stock in a transaction on Monday, January 29th. The shares were purchased at an average price of $120.98 per share, with a total value of $100,050.46. Following the completion of the purchase, the director now owns 827 shares of the company’s stock, valued at approximately $100,050.46. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. In other news, insider Tristram Wilkinson sold 3,720 shares of the business’s stock in a transaction on Friday, January 26th. The shares were sold at an average price of $121.00, for a total value of $450,120.00. Following the completion of the transaction, the insider now owns 17,229 shares of the company’s stock, valued at approximately $2,084,709. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Mark T. Smucker acquired 827 shares of the company’s stock in a transaction that occurred on Monday, January 29th. The shares were acquired at an average cost of $120.98 per share, for a total transaction of $100,050.46. Following the purchase, the director now directly owns 827 shares in the company, valued at approximately $100,050.46. The disclosure for this purchase can be found here. 0.62% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Kimberly-Clark

Large investors have recently modified their holdings of the business. Sequoia Financial Advisors LLC increased its stake in Kimberly-Clark by 204.0% during the 4th quarter. Sequoia Financial Advisors LLC now owns 20,575 shares of the company’s stock worth $2,500,000 after purchasing an additional 13,806 shares in the last quarter. PFG Investments LLC raised its holdings in shares of Kimberly-Clark by 11.2% during the third quarter. PFG Investments LLC now owns 2,082 shares of the company’s stock worth $252,000 after acquiring an additional 209 shares during the period. Compagnie Lombard Odier SCmA bought a new stake in Kimberly-Clark in the 4th quarter valued at $4,253,000. AE Wealth Management LLC lifted its position in Kimberly-Clark by 0.3% in the 3rd quarter. AE Wealth Management LLC now owns 240,819 shares of the company’s stock valued at $29,103,000 after acquiring an additional 638 shares in the last quarter. Finally, Rockline Wealth Management LLC acquired a new position in Kimberly-Clark in the 4th quarter worth $1,661,000. 76.29% of the stock is currently owned by institutional investors.

Kimberly-Clark Stock Performance

Shares of KMB opened at $125.62 on Friday. Kimberly-Clark has a one year low of $116.32 and a one year high of $147.87. The company has a 50-day moving average of $124.12 and a two-hundred day moving average of $122.28. The company has a debt-to-equity ratio of 6.94, a current ratio of 0.82 and a quick ratio of 0.54. The stock has a market cap of $42.32 billion, a price-to-earnings ratio of 24.16, a PEG ratio of 3.73 and a beta of 0.40.

Kimberly-Clark (NYSE:KMB) last posted its quarterly earnings data on Wednesday, January 24th. The company reported $1.51 EPS for the quarter, missing analysts’ consensus estimates of $1.53 by ($0.02). The firm had revenue of $5 billion during the quarter, compared to analyst estimates of $4.99 billion. Kimberly-Clark had a return on equity of 260.47% and a net margin of 8.63%. The company’s revenue for the quarter was up .7% on a year-over-year basis. During the same period in the prior year, the business posted $1.54 EPS. On average, equities research analysts expect that Kimberly-Clark will post 6.84 earnings per share for the current year.

Kimberly-Clark Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 2nd. Shareholders of record on Friday, March 8th were given a dividend of $1.22 per share. This is a boost from Kimberly-Clark’s previous quarterly dividend of $1.18. The ex-dividend date of this dividend was Thursday, March 7th. This represents a $4.88 annualized dividend and a dividend yield of 3.88%. Kimberly-Clark’s payout ratio is presently 93.85%.

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.