Kimberly Clark Corp (KMB) Receives $112.67 Consensus PT from Analysts

Kimberly Clark Corp (NYSE:KMB) has been assigned an average recommendation of “Hold” from the nineteen ratings firms that are currently covering the stock, MarketBeat reports. Four research analysts have rated the stock with a sell recommendation, eleven have given a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $112.67.

KMB has been the subject of a number of analyst reports. Zacks Investment Research lowered shares of Kimberly Clark from a “buy” rating to a “hold” rating in a report on Tuesday, January 15th. BNP Paribas initiated coverage on shares of Kimberly Clark in a report on Monday, February 11th. They issued an “outperform” rating and a $130.00 price objective for the company. Barclays reissued a “hold” rating and issued a $109.00 price objective on shares of Kimberly Clark in a report on Friday, January 25th. Exane BNP Paribas initiated coverage on shares of Kimberly Clark in a report on Tuesday, February 12th. They issued an “outperform” rating and a $130.00 price objective for the company. Finally, ValuEngine raised shares of Kimberly Clark from a “hold” rating to a “buy” rating in a report on Friday, December 21st.

In other Kimberly Clark news, insider Anthony J. Palmer sold 6,122 shares of the stock in a transaction dated Friday, February 8th. The shares were sold at an average price of $115.11, for a total transaction of $704,703.42. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.85% of the company’s stock.

A number of hedge funds have recently made changes to their positions in KMB. Trillium Asset Management LLC purchased a new position in Kimberly Clark during the third quarter worth about $230,000. Bank of New York Mellon Corp boosted its stake in shares of Kimberly Clark by 10.9% in the third quarter. Bank of New York Mellon Corp now owns 4,844,101 shares of the company’s stock valued at $550,483,000 after purchasing an additional 477,773 shares during the period. Abbrea Capital LLC boosted its stake in shares of Kimberly Clark by 8.2% in the third quarter. Abbrea Capital LLC now owns 6,579 shares of the company’s stock valued at $754,000 after purchasing an additional 500 shares during the period. FMR LLC boosted its stake in shares of Kimberly Clark by 20.1% in the third quarter. FMR LLC now owns 3,826,865 shares of the company’s stock valued at $434,885,000 after purchasing an additional 640,719 shares during the period. Finally, Godshalk Welsh Capital Management Inc. purchased a new position in shares of Kimberly Clark in the third quarter valued at approximately $212,000. 73.28% of the stock is owned by institutional investors.

Shares of NYSE KMB traded up $0.01 during mid-day trading on Friday, reaching $123.90. The company’s stock had a trading volume of 1,569,206 shares, compared to its average volume of 1,991,710. The stock has a market capitalization of $42.63 billion, a price-to-earnings ratio of 18.74, a price-to-earnings-growth ratio of 3.41 and a beta of 0.59. The company has a quick ratio of 0.49, a current ratio of 0.77 and a debt-to-equity ratio of 51.24. Kimberly Clark has a 1-year low of $97.10 and a 1-year high of $124.50.

Kimberly Clark (NYSE:KMB) last issued its earnings results on Wednesday, January 23rd. The company reported $1.60 EPS for the quarter, missing the Zacks’ consensus estimate of $1.68 by ($0.08). The business had revenue of $4.57 billion during the quarter, compared to analyst estimates of $4.47 billion. Kimberly Clark had a net margin of 7.63% and a return on equity of 1,156.45%. Kimberly Clark’s quarterly revenue was down .7% on a year-over-year basis. During the same quarter last year, the company earned $1.57 earnings per share. As a group, equities research analysts expect that Kimberly Clark will post 6.59 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 2nd. Investors of record on Friday, March 8th will be issued a $1.03 dividend. The ex-dividend date is Thursday, March 7th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 3.33%. This is a positive change from Kimberly Clark’s previous quarterly dividend of $1.00. Kimberly Clark’s dividend payout ratio is currently 62.33%.

Kimberly Clark Company Profile

Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care, consumer tissue, and professional products worldwide. It operates through three segments: Personal Care, Consumer Tissue, and K-C Professional. The Personal Care segment offers disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products under the Huggies, Pull-Ups, Little Swimmers, GoodNites, DryNites, Kotex, U by Kotex, Intimus, Depend, Plenitud, Poise, and other brand names.

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Analyst Recommendations for Kimberly Clark (NYSE:KMB)

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