Analysts Set Kimberly-Clark Co. (NYSE:KMB) Price Target at $145.83

Shares of Kimberly-Clark Co. (NYSE:KMB - Get Free Report) have been assigned a consensus rating of "Hold" from the thirteen research firms that are covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and four have issued a buy rating on the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $145.08.

A number of equities analysts have recently issued reports on KMB shares. TD Cowen cut shares of Kimberly-Clark from a "buy" rating to a "hold" rating and set a $145.00 price objective on the stock. in a research report on Wednesday, January 8th. Citigroup dropped their target price on Kimberly-Clark from $125.00 to $118.00 and set a "sell" rating on the stock in a report on Wednesday, January 15th. JPMorgan Chase & Co. increased their price target on Kimberly-Clark from $124.00 to $131.00 and gave the company an "underweight" rating in a research report on Friday, April 11th. StockNews.com downgraded Kimberly-Clark from a "buy" rating to a "hold" rating in a research report on Thursday, April 24th. Finally, Piper Sandler decreased their target price on Kimberly-Clark from $158.00 to $156.00 and set an "overweight" rating for the company in a research report on Wednesday, April 23rd.

Kimberly-Clark Price Performance

Kimberly-Clark stock traded down $0.37 during mid-day trading on Thursday, reaching $130.53. The company had a trading volume of 1,964,225 shares, compared to its average volume of 2,126,310. The business has a fifty day simple moving average of $139.32 and a 200 day simple moving average of $135.34. The company has a market cap of $43.31 billion, a P/E ratio of 17.29, a P/E/G ratio of 4.46 and a beta of 0.37. Kimberly-Clark has a fifty-two week low of $124.10 and a fifty-two week high of $150.45. The company has a current ratio of 0.80, a quick ratio of 0.54 and a debt-to-equity ratio of 7.05.

Kimberly-Clark (NYSE:KMB - Get Free Report) last announced its earnings results on Tuesday, April 22nd. The company reported $1.93 earnings per share for the quarter, topping analysts' consensus estimates of $1.89 by $0.04. Kimberly-Clark had a net margin of 12.69% and a return on equity of 201.43%. The business had revenue of $4.84 billion during the quarter, compared to the consensus estimate of $4.90 billion. During the same quarter last year, the firm earned $2.01 earnings per share. On average, equities research analysts predict that Kimberly-Clark will post 7.5 earnings per share for the current year.

Insider Activity at Kimberly-Clark

In other Kimberly-Clark news, insider Katy Chen sold 1,794 shares of the stock in a transaction that occurred on Tuesday, April 29th. The shares were sold at an average price of $130.74, for a total transaction of $234,547.56. Following the transaction, the insider now directly owns 3,098 shares in the company, valued at $405,032.52. This trade represents a 36.67 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Andrew Drexler sold 10,838 shares of Kimberly-Clark stock in a transaction on Friday, February 28th. The stock was sold at an average price of $141.00, for a total transaction of $1,528,158.00. Following the completion of the transaction, the vice president now directly owns 7,720 shares in the company, valued at approximately $1,088,520. The trade was a 58.40 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 15,132 shares of company stock valued at $2,112,706. Company insiders own 0.64% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in KMB. OLD Republic International Corp increased its position in Kimberly-Clark by 1.1% during the 1st quarter. OLD Republic International Corp now owns 387,500 shares of the company's stock valued at $55,110,000 after purchasing an additional 4,300 shares during the period. Capital Advisors Inc. OK boosted its stake in Kimberly-Clark by 19.6% in the 1st quarter. Capital Advisors Inc. OK now owns 2,019 shares of the company's stock worth $287,000 after purchasing an additional 331 shares in the last quarter. Penserra Capital Management LLC boosted its stake in Kimberly-Clark by 629.0% in the 1st quarter. Penserra Capital Management LLC now owns 6,379 shares of the company's stock worth $906,000 after purchasing an additional 5,504 shares in the last quarter. Wayfinding Financial LLC bought a new position in Kimberly-Clark in the 1st quarter worth about $78,000. Finally, Jackson Thornton Wealth Management LLC bought a new position in Kimberly-Clark in the 1st quarter worth about $235,000. 76.29% of the stock is owned by hedge funds and other institutional investors.

Kimberly-Clark Company Profile

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