Analysts Set Kimberly Clark Corp (KMB) Price Target at $114.25

Shares of Kimberly Clark Corp (NYSE:KMB) have been given an average rating of “Hold” by the nineteen research firms that are currently covering the stock, MarketBeat reports. Four research analysts have rated the stock with a sell rating, eleven have given a hold rating and three have assigned a buy rating to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $113.33.

Several equities research analysts have weighed in on the company. Zacks Investment Research cut Kimberly Clark from a “buy” rating to a “hold” rating in a report on Thursday. Wells Fargo & Co increased their price objective on Kimberly Clark from $105.00 to $115.00 and gave the stock a “market perform” rating in a report on Tuesday. Morgan Stanley increased their price objective on Kimberly Clark from $113.00 to $124.00 and gave the stock an “equal weight” rating in a report on Tuesday, February 12th. BNP Paribas assumed coverage on Kimberly Clark in a report on Monday, February 11th. They issued an “outperform” rating and a $130.00 price objective for the company. Finally, Exane BNP Paribas assumed coverage on Kimberly Clark in a report on Tuesday, February 12th. They issued an “outperform” rating and a $130.00 price objective for the company.

In other news, insider Anthony J. Palmer sold 6,122 shares of the firm’s stock in a transaction that occurred on Friday, February 8th. The stock was sold at an average price of $115.11, for a total value of $704,703.42. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.85% of the company’s stock.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in Kimberly Clark by 1.0% during the 3rd quarter. Vanguard Group Inc. now owns 26,068,811 shares of the company’s stock valued at $2,962,461,000 after buying an additional 264,393 shares in the last quarter. Vanguard Group Inc increased its position in Kimberly Clark by 1.0% during the 3rd quarter. Vanguard Group Inc now owns 26,068,811 shares of the company’s stock valued at $2,962,461,000 after buying an additional 264,393 shares in the last quarter. BlackRock Inc. increased its position in Kimberly Clark by 3.4% during the 4th quarter. BlackRock Inc. now owns 24,634,126 shares of the company’s stock valued at $2,806,813,000 after buying an additional 800,098 shares in the last quarter. Massachusetts Financial Services Co. MA increased its position in Kimberly Clark by 0.9% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 5,183,043 shares of the company’s stock valued at $590,557,000 after buying an additional 47,837 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its position in Kimberly Clark by 10.9% during the 3rd quarter. Bank of New York Mellon Corp now owns 4,844,101 shares of the company’s stock valued at $550,483,000 after buying an additional 477,773 shares in the last quarter. Institutional investors own 73.34% of the company’s stock.

NYSE KMB traded up $0.10 on Tuesday, hitting $123.55. The company’s stock had a trading volume of 1,390,472 shares, compared to its average volume of 1,838,584. Kimberly Clark has a 52-week low of $97.10 and a 52-week high of $124.76. The company has a debt-to-equity ratio of 51.24, a quick ratio of 0.49 and a current ratio of 0.77. The stock has a market cap of $42.44 billion, a P/E ratio of 18.69, a price-to-earnings-growth ratio of 3.38 and a beta of 0.60.

Kimberly Clark (NYSE:KMB) last released its quarterly earnings data on Wednesday, January 23rd. The company reported $1.60 earnings per share for the quarter, missing the consensus estimate of $1.68 by ($0.08). Kimberly Clark had a return on equity of 1,156.45% and a net margin of 7.63%. The business had revenue of $4.57 billion during the quarter, compared to analysts’ expectations of $4.47 billion. During the same quarter last year, the business posted $1.57 EPS. The company’s quarterly revenue was down .7% compared to the same quarter last year. Sell-side analysts predict that Kimberly Clark will post 6.6 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 2nd. Stockholders of record on Friday, March 8th were paid a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a dividend yield of 3.33%. The ex-dividend date was Thursday, March 7th. This is a boost from Kimberly Clark’s previous quarterly dividend of $1.00. Kimberly Clark’s dividend payout ratio (DPR) is presently 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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