Kimberly Clark (KMB) Earns “Hold” Rating from Wells Fargo & Co

Kimberly Clark (NYSE:KMB)‘s stock had its “hold” rating reiterated by equities researchers at Wells Fargo & Co in a report released on Wednesday. They presently have a $105.00 price objective on the stock. Wells Fargo & Co‘s price target indicates a potential downside of 6.38% from the stock’s current price.

A number of other equities analysts have also commented on KMB. Zacks Investment Research lowered shares of Kimberly Clark from a “buy” rating to a “hold” rating in a research note on Tuesday, January 15th. ValuEngine raised shares of Kimberly Clark from a “hold” rating to a “buy” rating in a research note on Friday, December 21st. Barclays set a $104.00 price objective on shares of Kimberly Clark and gave the stock a “hold” rating in a research note on Monday, October 1st. JPMorgan Chase & Co. raised shares of Kimberly Clark from a “neutral” rating to an “overweight” rating and set a $129.00 price objective for the company in a research note on Friday, January 18th. Finally, Citigroup raised their price objective on shares of Kimberly Clark from $93.00 to $95.00 and gave the stock a “sell” rating in a research note on Wednesday, October 24th. Five analysts have rated the stock with a sell rating, ten have issued a hold rating and one has assigned a buy rating to the company’s stock. Kimberly Clark currently has a consensus rating of “Hold” and an average price target of $109.21.

NYSE:KMB traded down $3.08 during trading hours on Wednesday, reaching $112.15. 4,776,523 shares of the company’s stock were exchanged, compared to its average volume of 2,634,793. The stock has a market capitalization of $40.47 billion, a price-to-earnings ratio of 18.00, a PEG ratio of 2.78 and a beta of 0.61. Kimberly Clark has a 12 month low of $97.10 and a 12 month high of $123.50. The company has a debt-to-equity ratio of 51.24, a quick ratio of 0.49 and a current ratio of 0.75.



Kimberly Clark (NYSE:KMB) last posted its quarterly earnings data on Wednesday, January 23rd. The company reported $1.60 EPS for the quarter, missing analysts’ consensus estimates of $1.66 by ($0.06). Kimberly Clark had a return on equity of 535.49% and a net margin of 8.74%. The firm had revenue of $4.57 billion during the quarter, compared to analyst estimates of $4.47 billion. During the same period in the prior year, the business posted $1.57 EPS. The company’s revenue for the quarter was down .7% on a year-over-year basis. On average, sell-side analysts expect that Kimberly Clark will post 6.69 EPS for the current fiscal year.

In related news, SVP Jeffrey P. Melucci sold 1,000 shares of the firm’s stock in a transaction on Wednesday, November 14th. The shares were sold at an average price of $111.18, for a total value of $111,180.00. Following the transaction, the senior vice president now directly owns 4,132 shares in the company, valued at approximately $459,395.76. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Michael T. Azbell sold 13,565 shares of the firm’s stock in a transaction on Tuesday, November 27th. The shares were sold at an average price of $115.00, for a total transaction of $1,559,975.00. Following the completion of the transaction, the vice president now owns 6,432 shares in the company, valued at $739,680. The disclosure for this sale can be found here. 0.64% of the stock is currently owned by company insiders.

Large investors have recently bought and sold shares of the stock. Vanguard Group Inc. grew its position in Kimberly Clark by 1.0% in the 3rd quarter. Vanguard Group Inc. now owns 26,068,811 shares of the company’s stock worth $2,962,461,000 after purchasing an additional 264,393 shares during the last quarter. Vanguard Group Inc grew its position in Kimberly Clark by 1.0% in the 3rd quarter. Vanguard Group Inc now owns 26,068,811 shares of the company’s stock worth $2,962,461,000 after purchasing an additional 264,393 shares during the last quarter. Massachusetts Financial Services Co. MA grew its position in Kimberly Clark by 6.8% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 5,135,206 shares of the company’s stock worth $583,564,000 after purchasing an additional 325,606 shares during the last quarter. Bank of New York Mellon Corp grew its position in Kimberly Clark by 10.9% in the 3rd quarter. Bank of New York Mellon Corp now owns 4,844,101 shares of the company’s stock worth $550,483,000 after purchasing an additional 477,773 shares during the last quarter. Finally, Morgan Stanley grew its position in Kimberly Clark by 50.8% in the 3rd quarter. Morgan Stanley now owns 4,738,469 shares of the company’s stock worth $538,482,000 after purchasing an additional 1,595,818 shares during the last quarter. Institutional investors and hedge funds own 71.93% 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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Analyst Recommendations for Kimberly Clark (NYSE:KMB)

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