Paula Ramos Sells 10,178 Shares of Kimberly-Clark Co. (NYSE:KMB) Stock

Kimberly-Clark Co. (NYSE:KMB) insider Paula Ramos sold 10,178 shares of the firm’s stock in a transaction that occurred on Wednesday, April 24th. The stock was 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 $109,050.15. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Kimberly-Clark Price Performance

Shares of KMB opened at $136.43 on Friday. The company has a 50 day moving average of $125.53 and a two-hundred day moving average of $122.75. The company has a quick ratio of 0.54, a current ratio of 0.81 and a debt-to-equity ratio of 6.05. Kimberly-Clark Co. has a twelve month low of $116.32 and a twelve month high of $147.09. The company has a market cap of $45.96 billion, a price-to-earnings ratio of 25.08, a price-to-earnings-growth ratio of 4.05 and a beta of 0.40.

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

Hedge Funds Weigh In On Kimberly-Clark

Several hedge funds and other institutional investors have recently modified their holdings of the stock. TI Trust Inc. purchased a new stake in Kimberly-Clark during the 1st quarter worth approximately $325,000. Verdence Capital Advisors LLC raised its holdings in shares of Kimberly-Clark by 51.5% in the first quarter. Verdence Capital Advisors LLC now owns 11,990 shares of the company’s stock worth $1,551,000 after buying an additional 4,074 shares during the last quarter. Emerald Advisors LLC lifted its stake in shares of Kimberly-Clark by 6.4% during the first quarter. Emerald Advisors LLC now owns 2,145 shares of the company’s stock worth $277,000 after buying an additional 129 shares during the period. TRUE Private Wealth Advisors grew its holdings in shares of Kimberly-Clark by 3.6% during the first quarter. TRUE Private Wealth Advisors now owns 4,656 shares of the company’s stock valued at $602,000 after buying an additional 160 shares during the last quarter. Finally, Ulland Investment Advisors LLC acquired a new position in shares of Kimberly-Clark in the 1st quarter valued at $109,000. 76.29% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have recently weighed in on the company. StockNews.com upgraded Kimberly-Clark from a “hold” rating to a “buy” rating in a research report on Thursday, April 11th. Piper Sandler boosted their price objective on shares of Kimberly-Clark from $145.00 to $152.00 and gave the company an “overweight” rating in a research report on Thursday, March 28th. Wells Fargo & Company raised their target price on shares of Kimberly-Clark from $131.00 to $136.00 and gave the stock an “equal weight” rating in a research report on Wednesday. UBS Group lifted their price target on shares of Kimberly-Clark from $135.00 to $138.00 and gave the company a “neutral” rating in a research note on Wednesday. Finally, Evercore ISI raised Kimberly-Clark from an “in-line” rating to an “outperform” rating and increased their price objective for the stock from $133.00 to $150.00 in a research note on Thursday, March 28th. Three equities research analysts have rated the stock with a sell rating, seven have given a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $135.50.

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.