Kimberly Clark (NYSE:KMB) was upgraded by TheStreet from a "c+" rating to an "a-" rating in a report issued on Thursday, TheStreetRatingsTable reports.
Other analysts also recently issued reports about the stock. Deutsche Bank raised their price objective on shares of Kimberly Clark from $143.00 to $145.00 and gave the company a "hold" rating in a research report on Thursday, April 23rd. Goldman Sachs Group upgraded shares of Kimberly Clark to a "hold" rating in a report on Monday, March 30th. Barclays reiterated a "buy" rating and issued a $143.00 price target on shares of Kimberly Clark in a report on Tuesday, April 7th. JPMorgan Chase & Co. lifted their price target on shares of Kimberly Clark from $151.00 to $158.00 and gave the company an "overweight" rating in a report on Thursday, July 16th. Finally, Morgan Stanley lifted their price target on shares of Kimberly Clark from $146.00 to $160.00 and gave the company an "equal weight" rating in a report on Friday. One analyst has rated the stock with a sell rating, seven have given a hold rating and four have given a buy rating to the company. The company presently has an average rating of "Hold" and an average price target of $150.10.
Shares of KMB stock opened at $147.34 on Thursday. The company has a market capitalization of $50.17 billion, a price-to-earnings ratio of 19.80, a PEG ratio of 3.64 and a beta of 0.49. Kimberly Clark has a one year low of $110.66 and a one year high of $149.36. The company's fifty day moving average price is $141.23 and its 200-day moving average price is $138.90. The company has a debt-to-equity ratio of 14.59, a current ratio of 0.91 and a quick ratio of 0.63.
Kimberly Clark (NYSE:KMB) last announced its quarterly earnings data on Thursday, July 23rd. The company reported $2.20 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.80 by $0.40. The firm had revenue of $4.61 billion for the quarter, compared to the consensus estimate of $4.48 billion. Kimberly Clark had a net margin of 13.58% and a return on equity of 1,319.56%. The company's revenue was up .4% on a year-over-year basis. During the same period last year, the firm earned $1.67 EPS. Equities research analysts expect that Kimberly Clark will post 7.53 earnings per share for the current fiscal year.
In other Kimberly Clark news, insider Kimberly K. Underhill sold 24,469 shares of the business's stock in a transaction dated Monday, April 27th. The shares were sold at an average price of $140.25, for a total value of $3,431,777.25. Following the completion of the sale, the insider now directly owns 57,527 shares of the company's stock, valued at approximately $8,068,161.75. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Kimberly K. Underhill sold 4,679 shares of the business's stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $139.00, for a total transaction of $650,381.00. Following the completion of the sale, the insider now directly owns 42,643 shares of the company's stock, valued at $5,927,377. The disclosure for this sale can be found here. Insiders own 0.72% of the company's stock.
Several large investors have recently bought and sold shares of the company. Geode Capital Management LLC raised its holdings in shares of Kimberly Clark by 0.4% in the 1st quarter. Geode Capital Management LLC now owns 5,788,760 shares of the company's stock valued at $739,255,000 after purchasing an additional 22,460 shares in the last quarter. Norges Bank bought a new stake in shares of Kimberly Clark in the 4th quarter valued at about $526,300,000. Legal & General Group Plc raised its holdings in shares of Kimberly Clark by 3.2% in the 1st quarter. Legal & General Group Plc now owns 2,561,945 shares of the company's stock valued at $327,767,000 after purchasing an additional 79,597 shares in the last quarter. AQR Capital Management LLC raised its holdings in shares of Kimberly Clark by 10.3% in the 1st quarter. AQR Capital Management LLC now owns 2,381,800 shares of the company's stock valued at $304,560,000 after purchasing an additional 221,466 shares in the last quarter. Finally, Macquarie Group Ltd. raised its holdings in shares of Kimberly Clark by 5.7% in the 4th quarter. Macquarie Group Ltd. now owns 1,739,891 shares of the company's stock valued at $239,322,000 after purchasing an additional 94,139 shares in the last quarter. Institutional investors and hedge funds own 71.05% of the company's stock.
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.
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