Kimberly Clark Corp (KMB) Receives Consensus Rating of “Hold” from Brokerages

Shares of Kimberly Clark Corp (NYSE:KMB) have earned an average recommendation of “Hold” from the seventeen analysts that are presently covering the company, MarketBeat Ratings reports. Five research analysts have rated the stock with a sell recommendation and eleven have given a hold recommendation to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $105.00.

Several research analysts recently commented on KMB shares. ValuEngine raised shares of Kimberly Clark from a “hold” rating to a “buy” rating in a research note on Friday, December 21st. Barclays set a $104.00 price target on shares of Kimberly Clark and gave the stock a “hold” rating in a research note on Monday, October 1st. Jefferies Financial Group reaffirmed a “hold” rating and issued a $100.00 price target on shares of Kimberly Clark in a research note on Monday, October 22nd. Wells Fargo & Co raised their price target on shares of Kimberly Clark from $97.00 to $105.00 and gave the stock a “market perform” rating in a research note on Wednesday, October 17th. Finally, Goldman Sachs Group downgraded shares of Kimberly Clark from a “buy” rating to a “neutral” rating and set a $119.00 price target on the stock. in a research note on Monday, October 8th.

Shares of KMB traded up $0.54 during midday trading on Friday, hitting $117.20. The stock had a trading volume of 1,688,928 shares, compared to its average volume of 2,333,704. Kimberly Clark has a 1 year low of $97.10 and a 1 year high of $123.50. The company has a market cap of $39.48 billion, a P/E ratio of 18.81, a P/E/G ratio of 2.72 and a beta of 0.61. The company has a current ratio of 0.75, a quick ratio of 0.49 and a debt-to-equity ratio of 51.24.

Kimberly Clark (NYSE:KMB) last posted its quarterly earnings results on Monday, October 22nd. The company reported $1.71 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.64 by $0.07. The company had revenue of $4.58 billion for the quarter, compared to the consensus estimate of $4.52 billion. Kimberly Clark had a net margin of 8.74% and a return on equity of 535.49%. The firm’s revenue was down 1.8% compared to the same quarter last year. During the same quarter last year, the firm posted $1.60 EPS. Analysts predict that Kimberly Clark will post 6.69 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 3rd. Shareholders of record on Friday, December 7th were given a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a yield of 3.41%. The ex-dividend date of this dividend was Thursday, December 6th. Kimberly Clark’s dividend payout ratio (DPR) is 64.21%.

In other news, SVP Jeffrey P. Melucci sold 1,000 shares of the firm’s stock in a transaction dated Wednesday, November 14th. The shares were sold at an average price of $111.18, for a total value of $111,180.00. Following the sale, the senior vice president now directly owns 4,132 shares in the company, valued at approximately $459,395.76. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Michael T. Azbell sold 13,565 shares of the firm’s stock in a transaction dated Tuesday, November 27th. The shares were sold at an average price of $115.00, for a total transaction of $1,559,975.00. Following the completion of the sale, the vice president now owns 6,432 shares in the company, valued at $739,680. The disclosure for this sale can be found here. Company insiders own 0.64% of the company’s stock.

Several large investors have recently added to or reduced their stakes in KMB. Chicago Equity Partners LLC boosted its holdings in shares of Kimberly Clark by 50.5% in the 2nd quarter. Chicago Equity Partners LLC now owns 5,290 shares of the company’s stock valued at $557,000 after buying an additional 1,775 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Kimberly Clark by 4.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 865,660 shares of the company’s stock worth $91,185,000 after purchasing an additional 38,673 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec boosted its stake in Kimberly Clark by 101.2% in the 2nd quarter. Caisse DE Depot ET Placement DU Quebec now owns 122,129 shares of the company’s stock worth $12,865,000 after purchasing an additional 61,429 shares in the last quarter. Renaissance Technologies LLC acquired a new stake in Kimberly Clark in the 2nd quarter worth approximately $40,577,000. Finally, Van ECK Associates Corp acquired a new stake in Kimberly Clark in the 2nd quarter worth approximately $644,000. Institutional investors and hedge funds own 71.88% of the company’s stock.

About Kimberly Clark

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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