Kimberly Clark Corp (NYSE:KMB) Given Average Recommendation of “Hold” by Analysts

Kimberly Clark Corp (NYSE:KMB) has been given a consensus rating of “Hold” by the fourteen analysts that are currently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and seven have given a buy recommendation to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $139.33.

Several research firms recently commented on KMB. Wells Fargo & Co increased their price objective on Kimberly Clark from $130.00 to $132.00 and gave the company a “market perform” rating in a research report on Tuesday, October 15th. Morgan Stanley dropped their price objective on Kimberly Clark from $149.00 to $139.00 and set an “equal weight” rating on the stock in a research report on Wednesday, October 23rd. Bank of America raised Kimberly Clark from a “neutral” rating to a “buy” rating and set a $155.00 price objective on the stock in a research report on Friday, September 27th. Barclays raised Kimberly Clark from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $144.00 to $152.00 in a research report on Monday, September 23rd. Finally, Deutsche Bank raised Kimberly Clark from a “sell” rating to a “hold” rating and increased their price objective for the company from $123.00 to $124.00 in a research report on Tuesday, October 22nd.

Shares of NYSE:KMB traded down $0.04 on Wednesday, hitting $136.30. 1,523,109 shares of the company traded hands, compared to its average volume of 1,709,001. Kimberly Clark has a 52 week low of $106.59 and a 52 week high of $143.50. The company has a quick ratio of 0.48, a current ratio of 0.75 and a debt-to-equity ratio of 70.43. The stock has a 50 day simple moving average of $133.75 and a 200-day simple moving average of $135.54. The company has a market cap of $46.74 billion, a PE ratio of 20.62, a PEG ratio of 3.62 and a beta of 0.51.

Kimberly Clark (NYSE:KMB) last issued its quarterly earnings results on Tuesday, October 22nd. The company reported $1.84 earnings per share for the quarter, beating the consensus estimate of $1.80 by $0.04. Kimberly Clark had a return on equity of 27,094.12% and a net margin of 10.96%. The firm had revenue of $4.64 billion during the quarter, compared to the consensus estimate of $4.66 billion. During the same period last year, the company earned $1.71 earnings per share. The company’s revenue was up 1.3% on a year-over-year basis. As a group, sell-side analysts anticipate that Kimberly Clark will post 6.86 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 3rd. Investors of record on Friday, December 6th will be given a dividend of $1.03 per share. The ex-dividend date of this dividend is Thursday, December 5th. This represents a $4.12 annualized dividend and a dividend yield of 3.02%. Kimberly Clark’s dividend payout ratio (DPR) is presently 62.33%.

Large investors have recently made changes to their positions in the business. Daiwa Securities Group Inc. boosted its position in Kimberly Clark by 2.2% in the second quarter. Daiwa Securities Group Inc. now owns 13,837 shares of the company’s stock worth $1,844,000 after purchasing an additional 300 shares during the last quarter. Eaton Vance Management boosted its position in Kimberly Clark by 38.0% in the second quarter. Eaton Vance Management now owns 126,822 shares of the company’s stock worth $16,903,000 after purchasing an additional 34,895 shares during the last quarter. Advisor Partners LLC boosted its position in Kimberly Clark by 2.6% in the second quarter. Advisor Partners LLC now owns 12,634 shares of the company’s stock worth $1,684,000 after purchasing an additional 318 shares during the last quarter. Beaumont Financial Partners LLC boosted its position in Kimberly Clark by 7.8% in the second quarter. Beaumont Financial Partners LLC now owns 6,772 shares of the company’s stock worth $903,000 after purchasing an additional 489 shares during the last quarter. Finally, Cutter & CO Brokerage Inc. purchased a new position in Kimberly Clark in the second quarter worth about $222,000. 71.78% of the stock is currently owned by institutional investors and hedge funds.

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.

Read More: Leveraged Buyout (LBO) Explained

Analyst Recommendations for Kimberly Clark (NYSE:KMB)

Receive News & Ratings for Kimberly Clark Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kimberly Clark and related companies with MarketBeat.com's FREE daily email newsletter.