Kimberly-Clark Corporation (NASDAQ:KMB) Stock Rated "Hold" by Wall Street Analysts

Key Points

• Wall Street analysts rate Kimberly-Clark “Hold” overall: Of 18 firms, 11 issued hold ratings, while four recommended buying, one strongly recommended buying and two recommended selling. The average 12-month price target is $115.73.
• Kimberly-Clark’s latest quarterly results fell short of expectations, with EPS of $1.80 versus the $2.01 consensus and revenue of $4.19 billion versus $4.22 billion expected.
• The company pays a quarterly dividend of $1.28, equivalent to $5.12 annually and a 4.6% yield; institutional investors own 76.29% of outstanding shares.

Kimberly-Clark Corporation (NASDAQ:KMB - Get Free Report) has earned a consensus recommendation of "Hold" from the eighteen research firms that are covering the stock, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, eleven have given a hold recommendation, four have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $115.73.

A number of analysts recently weighed in on KMB shares. Barclays increased their price target on shares of Kimberly-Clark from $101.00 to $115.00 and gave the stock an "equal weight" rating in a research note on Tuesday, July 21st. Canaccord Genuity Group assumed coverage on shares of Kimberly-Clark in a research note on Friday. They issued a "hold" rating and a $105.00 price objective on the stock. TD Cowen reduced their target price on shares of Kimberly-Clark from $104.00 to $97.00 and set a "hold" rating for the company in a report on Tuesday, October 13th. Piper Sandler decreased their target price on shares of Kimberly-Clark from $121.00 to $118.00 and set an "overweight" rating for the company in a research note on Friday, September 11th. Finally, Seaport Research Partners raised Kimberly-Clark to a "buy" rating in a report on Tuesday, August 4th.

Kimberly-Clark Price Performance

Shares of NASDAQ KMB opened at $110.15 on Monday. The stock has a market cap of $36.63 billion, a P/E ratio of 18.73, a P/E/G ratio of 5.96 and a beta of 0.25. Kimberly-Clark has a twelve month low of $92.42 and a twelve month high of $123.09. The stock has a 50 day moving average of $102.70 and a two-hundred day moving average of $103.07. The company has a current ratio of 0.91, a quick ratio of 0.69 and a debt-to-equity ratio of 3.45.

Kimberly-Clark (NASDAQ:KMB - Get Free Report) last announced its earnings results on Tuesday, August 4th. The company reported $1.80 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.01 by ($0.21). The business had revenue of $4.19 billion for the quarter, compared to analysts' expectations of $4.22 billion. Kimberly-Clark had a return on equity of 143.92% and a net margin of 11.79%. The business's revenue was up .6% on a year-over-year basis. During the same quarter last year, the business posted $1.92 earnings per share. On average, research analysts forecast that Kimberly-Clark will post 6.83 earnings per share for the current year.

Kimberly-Clark Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 2nd. Shareholders of record on Friday, September 4th were paid a dividend of $1.28 per share. The ex-dividend date of this dividend was Friday, September 4th. This represents a $5.12 annualized dividend and a yield of 4.6%. Kimberly-Clark's dividend payout ratio is currently 87.07%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Apollon Wealth Management LLC lifted its holdings in shares of Kimberly-Clark by 31.3% during the third quarter. Apollon Wealth Management LLC now owns 34,267 shares of the company's stock worth $3,339,000 after purchasing an additional 8,163 shares during the period. Kingswood Wealth Advisors LLC grew its position in Kimberly-Clark by 32.4% in the 3rd quarter. Kingswood Wealth Advisors LLC now owns 9,531 shares of the company's stock valued at $929,000 after buying an additional 2,330 shares during the last quarter. Code Waechter LLC grew its position in Kimberly-Clark by 8.9% in the 3rd quarter. Code Waechter LLC now owns 3,320 shares of the company's stock valued at $324,000 after buying an additional 271 shares during the last quarter. Signaturefd LLC grew its position in Kimberly-Clark by 2.6% in the 3rd quarter. Signaturefd LLC now owns 7,546 shares of the company's stock valued at $735,000 after buying an additional 193 shares during the last quarter. Finally, Carolina Wealth Advisors LLC increased its stake in Kimberly-Clark by 2.1% in the 3rd quarter. Carolina Wealth Advisors LLC now owns 19,943 shares of the company's stock valued at $1,943,000 after buying an additional 411 shares during the period. Institutional investors and hedge funds own 76.29% of the company's stock.

About Kimberly-Clark

Kimberly-Clark Corporation NASDAQ: KMB is a global consumer products company that develops and markets personal care, tissue and professional hygiene products. Its portfolio includes products for babies and children, feminine care, adult care, family care and workplace hygiene.

The company's well-known brands include Huggies diapers and wipes, Kleenex facial tissue, Cottonelle bathroom tissue, Scott toilet paper and paper towels, Kotex feminine care products, and Depend, Poise and GoodNites products.

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