BNP Paribas Begins Coverage on Kimberly Clark (KMB)

BNP Paribas assumed coverage on shares of Kimberly Clark (NYSE:KMB) in a research report issued on Monday. The firm set an “outperform” rating and a $130.00 price target on the stock. BNP Paribas’ price target would indicate a potential upside of 11.31% from the stock’s current price.

Several other research analysts also recently issued reports on KMB. Wells Fargo & Co boosted their price objective on shares of Kimberly Clark from $97.00 to $105.00 and gave the stock a “market perform” rating in a report on Wednesday, October 17th. Jefferies Financial Group restated a “hold” rating and set a $100.00 price objective on shares of Kimberly Clark in a report on Monday, October 22nd. Morgan Stanley set a $100.00 price objective on shares of Kimberly Clark and gave the stock a “sell” rating in a report on Tuesday, October 23rd. Citigroup boosted their price objective on shares of Kimberly Clark from $93.00 to $95.00 and gave the stock a “sell” rating in a report on Wednesday, October 24th. Finally, ValuEngine upgraded shares of Kimberly Clark from a “hold” rating to a “buy” rating in a report on Friday, December 21st. Four investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and two have given a buy rating to the company. Kimberly Clark has a consensus rating of “Hold” and a consensus price target of $111.33.

KMB traded up $1.10 during trading on Monday, hitting $116.79. The stock had a trading volume of 1,901,361 shares, compared to its average volume of 2,556,016. The company has a market capitalization of $39.97 billion, a PE ratio of 17.67, a price-to-earnings-growth ratio of 3.20 and a beta of 0.57. Kimberly Clark has a 12 month low of $97.10 and a 12 month high of $120.48. The company has a debt-to-equity ratio of 51.24, a current ratio of 0.77 and a quick ratio of 0.49.



Kimberly Clark (NYSE:KMB) last announced its earnings results on Wednesday, January 23rd. The company reported $1.60 EPS for the quarter, missing the consensus estimate of $1.68 by ($0.08). Kimberly Clark had a return on equity of 1,156.45% and a net margin of 7.63%. The firm had revenue of $4.57 billion during the quarter, compared to the consensus estimate of $4.47 billion. During the same quarter last year, the business earned $1.57 EPS. The business’s revenue was down .7% compared to the same quarter last year. Analysts anticipate that Kimberly Clark will post 6.59 earnings per share for the current year.

In other Kimberly Clark news, VP Michael T. Azbell sold 13,565 shares of the business’s stock in a transaction dated Tuesday, November 27th. The shares were sold at an average price of $115.00, for a total value of $1,559,975.00. Following the transaction, the vice president now directly owns 6,432 shares in the company, valued at $739,680. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, insider Anthony J. Palmer sold 6,122 shares of the business’s stock in a transaction dated Friday, February 8th. The shares were sold at an average price of $115.11, for a total transaction of $704,703.42. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 20,687 shares of company stock worth $2,375,858. Company insiders own 0.64% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in the business. Signature Wealth Management Group lifted its position in shares of Kimberly Clark by 0.3% during the fourth quarter. Signature Wealth Management Group now owns 28,005 shares of the company’s stock worth $3,191,000 after purchasing an additional 88 shares in the last quarter. Aspiriant LLC raised its stake in shares of Kimberly Clark by 4.9% during the fourth quarter. Aspiriant LLC now owns 1,952 shares of the company’s stock worth $224,000 after buying an additional 92 shares during the last quarter. Sage Capital Advisors llc increased its stake in Kimberly Clark by 0.4% in the fourth quarter. Sage Capital Advisors llc now owns 20,970 shares of the company’s stock valued at $2,389,000 after purchasing an additional 92 shares in the last quarter. Wetherby Asset Management Inc. increased its position in shares of Kimberly Clark by 1.1% during the fourth quarter. Wetherby Asset Management Inc. now owns 9,108 shares of the company’s stock worth $1,037,000 after acquiring an additional 95 shares in the last quarter. Finally, First Personal Financial Services increased its position in shares of Kimberly Clark by 11.8% during the fourth quarter. First Personal Financial Services now owns 926 shares of the company’s stock worth $106,000 after acquiring an additional 98 shares in the last quarter. Hedge funds and other institutional investors own 73.58% 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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