Kimberly-Clark (NYSE:KMB) PT Raised to $125.00

Kimberly-Clark (NYSE:KMB) had its price target boosted by Citigroup from $111.00 to $125.00 in a research note released on Wednesday, Benzinga reports. Citigroup currently has a sell rating on the stock.

Several other equities analysts also recently issued reports on the stock. Piper Sandler increased their price objective on shares of Kimberly-Clark from $145.00 to $152.00 and gave the company an overweight rating in a report on Thursday, March 28th. HSBC raised their price target on shares of Kimberly-Clark from $146.00 to $150.00 and gave the stock a hold rating in a research note on Wednesday. JPMorgan Chase & Co. raised their price target on shares of Kimberly-Clark from $115.00 to $123.00 and gave the stock an underweight rating in a research note on Wednesday. Deutsche Bank Aktiengesellschaft raised their price target on shares of Kimberly-Clark from $127.00 to $132.00 and gave the stock a hold rating in a research note on Thursday, March 28th. Finally, Royal Bank of Canada raised their price target on shares of Kimberly-Clark from $123.00 to $126.00 and gave the stock a sector perform rating in a research note on Wednesday. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, Kimberly-Clark currently has a consensus rating of Hold and an average price target of $134.85.

Kimberly-Clark Stock Down 0.9 %

KMB stock opened at $135.24 on Wednesday. The company has a debt-to-equity ratio of 6.05, a quick ratio of 0.54 and a current ratio of 0.81. The firm has a market cap of $45.54 billion, a PE ratio of 24.86, a P/E/G ratio of 3.90 and a beta of 0.40. Kimberly-Clark has a one year low of $116.32 and a one year high of $147.09. The firm’s fifty day moving average is $125.86 and its 200 day moving average is $122.87.

Kimberly-Clark (NYSE:KMB) last posted its quarterly earnings data on Tuesday, April 23rd. The company reported $2.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.61 by $0.40. The business had revenue of $5.15 billion for the quarter, compared to the consensus estimate of $5.08 billion. Kimberly-Clark had a net margin of 9.05% and a return on equity of 250.28%. The company’s revenue was down .9% compared to the same quarter last year. During the same period last year, the firm posted $1.67 earnings per share. On average, research analysts forecast that Kimberly-Clark will post 6.98 EPS for the current year.

Insider Buying and Selling at Kimberly-Clark

In related news, Director Mark T. Smucker purchased 827 shares of the company’s stock in a transaction on Monday, January 29th. The stock was acquired at an average cost of $120.98 per share, for a total transaction of $100,050.46. Following the completion of the transaction, the director now directly owns 827 shares in the company, valued at $100,050.46. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, Director Mark T. Smucker purchased 827 shares of the company’s stock in a transaction on Monday, January 29th. The stock was acquired at an average cost of $120.98 per share, for a total transaction of $100,050.46. Following the completion of the transaction, the director now directly owns 827 shares in the company, valued at $100,050.46. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Paula Ramos sold 10,178 shares of Kimberly-Clark stock in a transaction dated Wednesday, April 24th. The shares were sold at an average price of $137.17, for a total transaction of $1,396,116.26. Following the sale, the insider now owns 795 shares of the company’s stock, valued at $109,050.15. The disclosure for this sale can be found here. Company insiders own 0.62% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Essex Financial Services Inc. grew its holdings in shares of Kimberly-Clark by 2.1% in the first quarter. Essex Financial Services Inc. now owns 3,923 shares of the company’s stock valued at $507,000 after purchasing an additional 82 shares in the last quarter. First National Bank of Mount Dora Trust Investment Services grew its holdings in shares of Kimberly-Clark by 1.7% in the first quarter. First National Bank of Mount Dora Trust Investment Services now owns 4,817 shares of the company’s stock valued at $623,000 after purchasing an additional 82 shares in the last quarter. Chicago Partners Investment Group LLC grew its holdings in Kimberly-Clark by 2.2% during the 4th quarter. Chicago Partners Investment Group LLC now owns 3,860 shares of the company’s stock worth $456,000 after acquiring an additional 84 shares in the last quarter. Jones Financial Companies Lllp grew its holdings in Kimberly-Clark by 5.3% during the 4th quarter. Jones Financial Companies Lllp now owns 1,745 shares of the company’s stock worth $212,000 after acquiring an additional 88 shares in the last quarter. Finally, Core Wealth Partners LLC grew its holdings in Kimberly-Clark by 3.6% during the 1st quarter. Core Wealth Partners LLC now owns 2,547 shares of the company’s stock worth $329,000 after acquiring an additional 88 shares in the last quarter. Institutional investors and hedge funds own 76.29% of the company’s stock.

About Kimberly-Clark

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.