Kimberly-Clark Corporation (NASDAQ:KMB) Given Consensus Rating of "Hold" by Brokerages

Key Points

• Shares of Kimberly‑Clark carry a consensus analyst rating of Hold from 16 brokerages (1 sell, 11 hold, 4 buy) with an average 1‑year price target of $114.93, and several firms have recently trimmed their targets.
• In the latest quarter KMB reported EPS of $1.97 (vs. $1.93 est.) and revenue of $4.16B (vs. $4.09B), a 2.7% year‑over‑year revenue increase.
• Insiders have recently sold shares — Katy Chen sold 1,405 shares at about $96.95 and VP Andrew Scribner sold 3,049 shares at $104.29 — and insiders now own just 0.75% of the company.

Shares of Kimberly-Clark Corporation (NASDAQ:KMB - Get Free Report) have earned an average recommendation of "Hold" from the sixteen ratings firms that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and four have issued a buy rating on the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $114.9286.

A number of equities analysts recently commented on KMB shares. Piper Sandler decreased their price objective on Kimberly-Clark from $133.00 to $114.00 and set an "overweight" rating on the stock in a research report on Friday, March 13th. Barclays decreased their price objective on Kimberly-Clark from $105.00 to $99.00 and set an "equal weight" rating on the stock in a research report on Tuesday, April 14th. Bank of America decreased their price objective on Kimberly-Clark from $130.00 to $120.00 and set a "buy" rating on the stock in a research report on Friday, April 10th. UBS Group upped their price objective on Kimberly-Clark from $105.00 to $106.00 and gave the company a "neutral" rating in a research report on Wednesday. Finally, Weiss Ratings restated a "hold (c-)" rating on shares of Kimberly-Clark in a research report on Friday, March 27th.

Insider Activity at Kimberly-Clark

In other Kimberly-Clark news, insider Katy Chen sold 1,405 shares of the company's stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $96.95, for a total value of $136,214.75. Following the completion of the sale, the insider directly owned 6,502 shares in the company, valued at approximately $630,368.90. This represents a 17.77% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, VP Andrew Scribner sold 3,049 shares of the company's stock in a transaction on Thursday, February 5th. The stock was sold at an average price of $104.29, for a total value of $317,980.21. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.75% of the company's stock.

Institutional Investors Weigh In On Kimberly-Clark

Several hedge funds have recently made changes to their positions in KMB. Cloud Capital Management LLC purchased a new position in shares of Kimberly-Clark in the 3rd quarter valued at $25,000. Godfrey Financial Associates Inc. purchased a new position in shares of Kimberly-Clark in the 4th quarter valued at $25,000. True Wealth Design LLC increased its holdings in shares of Kimberly-Clark by 177.6% in the 3rd quarter. True Wealth Design LLC now owns 211 shares of the company's stock valued at $26,000 after acquiring an additional 135 shares during the period. Darwin Wealth Management LLC purchased a new position in shares of Kimberly-Clark in the 2nd quarter valued at $27,000. Finally, CrossGen Wealth LLC purchased a new position in shares of Kimberly-Clark in the 4th quarter valued at $27,000. 76.29% of the stock is currently owned by hedge funds and other institutional investors.

Kimberly-Clark Stock Performance

NASDAQ KMB opened at $97.67 on Monday. The firm has a market cap of $32.42 billion, a price-to-earnings ratio of 15.33, a price-to-earnings-growth ratio of 4.68 and a beta of 0.29. The company has a quick ratio of 0.55, a current ratio of 0.77 and a debt-to-equity ratio of 3.38. The business has a 50-day moving average price of $100.29 and a 200-day moving average price of $103.46. Kimberly-Clark has a twelve month low of $92.42 and a twelve month high of $144.30.

Kimberly-Clark (NASDAQ:KMB - Get Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $1.97 EPS for the quarter, beating analysts' consensus estimates of $1.93 by $0.04. Kimberly-Clark had a return on equity of 152.79% and a net margin of 12.80%.The company had revenue of $4.16 billion during the quarter, compared to analyst estimates of $4.09 billion. During the same period in the prior year, the company earned $1.93 earnings per share. The firm's revenue was up 2.7% on a year-over-year basis. As a group, equities research analysts predict that Kimberly-Clark will post 7.46 EPS for the current fiscal year.

Kimberly-Clark Company Profile

Kimberly-Clark Corporation is a U.S.-based multinational manufacturer of personal care and consumer tissue products. The company develops, produces and markets a range of consumer brands and professional products, including facial and bathroom tissues, disposable diapers and training pants, feminine care, incontinence products and workplace hygiene solutions. Known for consumer-facing names such as Kleenex, Huggies, Kotex, Cottonelle and Scott, as well as professional offerings under Kimberly-Clark Professional and KleenGuard, the company supplies goods to retail, healthcare and institutional customers.

Founded in 1872 in Neenah, Wisconsin, Kimberly-Clark has expanded from its 19th-century paper-making roots into a global household and workplace products company.

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