Kimberly-Clark Co. (NYSE:KMB) Given Consensus Rating of "Hold" by Brokerages

Key Points

• Kimberly-Clark Co. has received an average rating of "Hold" from nine analysts, with price targets ranging from $127.00 to $155.00.
• Shares of Kimberly-Clark traded at $119.92, with a 12-month low of $118.18 and a high of $150.45, showing overall volatility in stock performance.
• The company recently paid a quarterly dividend of $1.26, reflecting an annualized dividend yield of 4.2%, and a payout ratio of 69.42%.

Kimberly-Clark Co. (NYSE:KMB - Get Free Report) has received an average rating of "Hold" from the nine analysts that are covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating on the company. The average 12-month price target among brokerages that have covered the stock in the last year is $137.00.

Several research firms recently commented on KMB. Barclays decreased their price target on shares of Kimberly-Clark from $139.00 to $131.00 and set an "equal weight" rating for the company in a report on Wednesday, October 1st. Evercore ISI decreased their target price on shares of Kimberly-Clark from $155.00 to $150.00 and set an "outperform" rating for the company in a research note on Monday, September 22nd. Piper Sandler lowered their price target on shares of Kimberly-Clark from $149.00 to $145.00 and set an "overweight" rating on the stock in a report on Thursday, October 2nd. JPMorgan Chase & Co. cut their price objective on Kimberly-Clark from $144.00 to $127.00 and set a "neutral" rating for the company in a report on Friday, October 10th. Finally, Wells Fargo & Company lowered their target price on Kimberly-Clark from $140.00 to $130.00 and set an "equal weight" rating on the stock in a research note on Thursday, September 25th.

Institutional Trading of Kimberly-Clark

Several large investors have recently added to or reduced their stakes in KMB. First Pacific Financial bought a new position in shares of Kimberly-Clark during the 1st quarter valued at $26,000. Financial Network Wealth Advisors LLC boosted its holdings in Kimberly-Clark by 176.1% in the first quarter. Financial Network Wealth Advisors LLC now owns 196 shares of the company's stock worth $28,000 after purchasing an additional 125 shares in the last quarter. Investment Research & Advisory Group Inc. bought a new stake in Kimberly-Clark in the second quarter worth $25,000. Princeton Global Asset Management LLC increased its position in Kimberly-Clark by 989.5% during the second quarter. Princeton Global Asset Management LLC now owns 207 shares of the company's stock worth $27,000 after buying an additional 188 shares during the last quarter. Finally, Winnow Wealth LLC bought a new position in Kimberly-Clark during the second quarter valued at about $27,000. 76.29% of the stock is owned by institutional investors.

Kimberly-Clark Stock Performance

Shares of Kimberly-Clark stock opened at $119.92 on Thursday. Kimberly-Clark has a 12 month low of $118.18 and a 12 month high of $150.45. The company has a quick ratio of 0.54, a current ratio of 0.80 and a debt-to-equity ratio of 7.05. The stock has a market cap of $39.79 billion, a PE ratio of 15.88, a price-to-earnings-growth ratio of 4.46 and a beta of 0.30. The business has a fifty day simple moving average of $127.28 and a 200-day simple moving average of $131.68.

Kimberly-Clark (NYSE:KMB - Get Free Report) last announced its quarterly earnings data on Friday, August 1st. The company reported $1.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.67 by $0.25. Kimberly-Clark had a return on equity of 201.43% and a net margin of 12.69%.The firm had revenue of $4.16 billion during the quarter, compared to the consensus estimate of $4.85 billion. During the same period in the prior year, the business earned $1.96 EPS. The business's revenue for the quarter was down 1.6% on a year-over-year basis. On average, sell-side analysts anticipate that Kimberly-Clark will post 7.5 EPS for the current fiscal year.

Kimberly-Clark Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 2nd. Investors of record on Friday, September 5th were issued a $1.26 dividend. The ex-dividend date was Friday, September 5th. This represents a $5.04 dividend on an annualized basis and a yield of 4.2%. Kimberly-Clark's dividend payout ratio is currently 69.42%.

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.

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