Kimberly-Clark Corporation (NASDAQ:KMB) Stock Has Consensus Target Price of $117.36

Kimberly-Clark Corporation (NASDAQ:KMB) has been assigned an average recommendation of “Hold” from the seventeen research firms that are presently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, eleven have issued a hold recommendation, four have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $117.00.

A number of equities research analysts have recently issued reports on KMB shares. Wells Fargo & Company dropped their price target on Kimberly-Clark from $105.00 to $100.00 and set an “equal weight” rating for the company in a research report on Monday. Seaport Research Partners upgraded Kimberly-Clark to a “buy” rating in a research report on Tuesday, August 4th. Freedom Capital upgraded Kimberly-Clark from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 4th. Weiss Ratings upgraded Kimberly-Clark from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, July 28th. Finally, UBS Group lifted their price target on Kimberly-Clark from $115.00 to $116.00 and gave the stock a “neutral” rating in a report on Wednesday, August 5th.

Institutional Trading of Kimberly-Clark

Hedge funds have recently made changes to their positions in the company. Rosenberg Matthew Hamilton increased its holdings in shares of Kimberly-Clark by 34.4% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 1,055 shares of the company’s stock worth $103,000 after buying an additional 270 shares during the last quarter. Ridgewood Investments LLC lifted its holdings in Kimberly-Clark by 3.3% in the third quarter. Ridgewood Investments LLC now owns 16,499 shares of the company’s stock valued at $1,607,000 after acquiring an additional 521 shares during the last quarter. Tompkins Financial Corp grew its position in Kimberly-Clark by 2.5% in the third quarter. Tompkins Financial Corp now owns 30,808 shares of the company’s stock worth $3,002,000 after acquiring an additional 740 shares during the period. MassMutual Private Wealth & Trust FSB grew its position in Kimberly-Clark by 23.1% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 963 shares of the company’s stock worth $94,000 after acquiring an additional 181 shares during the period. Finally, CX Institutional increased its stake in Kimberly-Clark by 17.0% during the third quarter. CX Institutional now owns 7,763 shares of the company’s stock worth $756,000 after acquiring an additional 1,126 shares during the last quarter. Hedge funds and other institutional investors own 76.29% of the company’s stock.

Kimberly-Clark Price Performance

Shares of NASDAQ KMB opened at $95.41 on Thursday. The firm has a 50-day simple moving average of $104.79 and a 200-day simple moving average of $102.60. The company has a quick ratio of 0.69, a current ratio of 0.91 and a debt-to-equity ratio of 3.45. The stock has a market capitalization of $31.73 billion, a price-to-earnings ratio of 16.23, a price-to-earnings-growth ratio of 4.82 and a beta of 0.25. Kimberly-Clark has a 52 week low of $92.42 and a 52 week high of $123.09.

Kimberly-Clark (NASDAQ:KMB) last posted its quarterly earnings results on Tuesday, August 4th. The company reported $1.80 earnings per share for the quarter, missing analysts’ consensus estimates of $2.01 by ($0.21). The business had revenue of $4.19 billion for the quarter, compared to analyst estimates of $4.22 billion. Kimberly-Clark had a return on equity of 143.92% and a net margin of 11.79%.The business’s revenue was up .6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.92 earnings per share. On average, equities analysts predict that Kimberly-Clark will post 7.35 earnings per share for the current fiscal year.

Kimberly-Clark Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, October 2nd. Shareholders of record on Friday, September 4th were paid a dividend of $1.28 per share. The ex-dividend date of this dividend was Friday, September 4th. This represents a $5.12 dividend on an annualized basis and a yield of 5.4%. Kimberly-Clark’s payout ratio is 87.07%.

Kimberly-Clark Company Profile

Kimberly-Clark Corporation (NASDAQ:KMB) is a global personal care and consumer products company that develops and markets essential products for consumers and professional customers. Its portfolio includes products in the baby and childcare, adult care, feminine care, facial and bathroom tissue, and household categories.

The company’s well-known brands include Huggies diapers and wipes, Kleenex tissues, Kotex feminine care products, Cottonelle and Scott bathroom tissue, and Depend and Poise adult care products.