Kimberly-Clark (NYSE:KMB) Given New $125.00 Price Target at Citigroup

Kimberly-Clark (NYSE:KMB) had its price target boosted by analysts at Citigroup from $111.00 to $125.00 in a note issued to investors on Wednesday, Benzinga reports. The brokerage presently has a “sell” rating on the stock. Citigroup’s target price would suggest a potential downside of 8.38% from the company’s previous close.

Several other equities analysts have also recently issued reports on the company. HSBC lifted their price target on Kimberly-Clark from $146.00 to $150.00 and gave the company a “hold” rating in a research report on Wednesday. Deutsche Bank Aktiengesellschaft raised their price objective on Kimberly-Clark from $127.00 to $132.00 and gave the stock a “hold” rating in a research note on Thursday, March 28th. Wells Fargo & Company raised their price objective on Kimberly-Clark from $131.00 to $136.00 and gave the stock an “equal weight” rating in a research note on Wednesday. Royal Bank of Canada raised their price objective on Kimberly-Clark from $123.00 to $126.00 and gave the stock a “sector perform” rating in a research note on Wednesday. Finally, Evercore ISI raised Kimberly-Clark from an “in-line” rating to an “outperform” rating and raised their price objective for the stock from $133.00 to $150.00 in a research note on Thursday, March 28th. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $135.50.

Kimberly-Clark Stock Down 1.0 %

Shares of KMB stock opened at $136.43 on Wednesday. Kimberly-Clark has a 1 year low of $116.32 and a 1 year high of $147.09. The stock has a market cap of $45.96 billion, a PE ratio of 25.08, a price-to-earnings-growth ratio of 4.05 and a beta of 0.40. The business’s fifty day moving average is $125.53 and its 200-day moving average is $122.75. The company has a debt-to-equity ratio of 6.05, a quick ratio of 0.54 and a current ratio of 0.81.

Kimberly-Clark (NYSE:KMB) last issued its quarterly earnings results on Tuesday, April 23rd. The company reported $2.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.61 by $0.40. Kimberly-Clark had a return on equity of 250.28% and a net margin of 9.05%. The company had revenue of $5.15 billion for the quarter, compared to analysts’ expectations of $5.08 billion. During the same period last year, the firm earned $1.67 EPS. The firm’s revenue for the quarter was down .9% on a year-over-year basis. Equities analysts expect that Kimberly-Clark will post 6.84 earnings per share for the current fiscal year.

Insider Transactions at Kimberly-Clark

In other news, Director Mark T. Smucker acquired 827 shares of Kimberly-Clark stock in a transaction that occurred on Monday, January 29th. The stock was purchased at an average price of $120.98 per share, with a total value of $100,050.46. Following the completion of the transaction, the director now owns 827 shares in the company, valued at $100,050.46. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. In other news, Director Mark T. Smucker acquired 827 shares of Kimberly-Clark stock in a transaction that occurred on Monday, January 29th. The stock was purchased at an average price of $120.98 per share, with a total value of $100,050.46. Following the completion of the transaction, the director now owns 827 shares in the company, valued at $100,050.46. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Paula Ramos sold 10,178 shares of Kimberly-Clark stock in a transaction on Wednesday, April 24th. The shares were sold at an average price of $137.17, for a total value of $1,396,116.26. Following the sale, the insider now directly owns 795 shares of the company’s stock, valued at approximately $109,050.15. The disclosure for this sale can be found here. 0.62% of the stock is currently owned by insiders.

Institutional Trading of Kimberly-Clark

A number of institutional investors have recently bought and sold shares of the company. Essex Financial Services Inc. boosted its position in Kimberly-Clark by 2.1% during the first quarter. Essex Financial Services Inc. now owns 3,923 shares of the company’s stock valued at $507,000 after purchasing an additional 82 shares during the last quarter. First National Bank of Mount Dora Trust Investment Services raised its holdings in Kimberly-Clark by 1.7% during the first quarter. First National Bank of Mount Dora Trust Investment Services now owns 4,817 shares of the company’s stock valued at $623,000 after buying an additional 82 shares in the last quarter. Chicago Partners Investment Group LLC raised its holdings in Kimberly-Clark by 2.2% during the fourth quarter. Chicago Partners Investment Group LLC now owns 3,860 shares of the company’s stock valued at $456,000 after buying an additional 84 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in Kimberly-Clark by 5.3% during the fourth quarter. Jones Financial Companies Lllp now owns 1,745 shares of the company’s stock valued at $212,000 after buying an additional 88 shares in the last quarter. Finally, Core Wealth Partners LLC raised its holdings in Kimberly-Clark by 3.6% during the first quarter. Core Wealth Partners LLC now owns 2,547 shares of the company’s stock valued at $329,000 after buying an additional 88 shares in the last quarter. Institutional investors and hedge funds own 76.29% of the company’s stock.

About Kimberly-Clark

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.