Kimberly-Clark Co. (NYSE:KMB) Insider Sells $1,396,116.26 in Stock

Kimberly-Clark Co. (NYSE:KMB) insider Paula Ramos sold 10,178 shares of the company’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 owns 795 shares of the company’s stock, valued at approximately $109,050.15. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Kimberly-Clark Stock Performance

Shares of KMB opened at $136.43 on Friday. The company has a market capitalization of $45.96 billion, a price-to-earnings ratio of 25.08, a PEG ratio of 4.05 and a beta of 0.40. 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 Co. has a 1 year low of $116.32 and a 1 year high of $147.09. The company’s 50 day simple moving average is $125.53 and its 200 day simple moving average is $122.75.

Kimberly-Clark (NYSE:KMB) last issued its quarterly earnings results 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 company had revenue of $5.15 billion for the quarter, compared to analyst estimates of $5.08 billion. Kimberly-Clark had a return on equity of 250.28% and a net margin of 9.05%. The business’s revenue for the quarter was down .9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.67 EPS. On average, sell-side analysts predict that Kimberly-Clark Co. will post 6.84 EPS for the current year.

Wall Street Analyst Weigh In

KMB has been the subject of several recent analyst reports. JPMorgan Chase & Co. raised their price target on Kimberly-Clark from $115.00 to $123.00 and gave the company an “underweight” rating in a report on Wednesday. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Kimberly-Clark from $127.00 to $132.00 and gave the company a “hold” rating in a research note on Thursday, March 28th. Evercore ISI upgraded shares of Kimberly-Clark from an “in-line” rating to an “outperform” rating and upped their target price for the stock from $133.00 to $150.00 in a research report on Thursday, March 28th. Barclays lifted their price target on shares of Kimberly-Clark from $132.00 to $136.00 and gave the company an “equal weight” rating in a research report on Thursday. Finally, Wells Fargo & Company upped their price target on Kimberly-Clark from $131.00 to $136.00 and gave the stock an “equal weight” rating in a report on Wednesday. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $135.50.

Institutional Trading of Kimberly-Clark

A number of hedge funds have recently added to or reduced their stakes in KMB. OFI Invest Asset Management purchased a new position in shares of Kimberly-Clark during the 3rd quarter worth about $25,000. Rise Advisors LLC increased its position in Kimberly-Clark by 926.3% during the first quarter. Rise Advisors LLC now owns 195 shares of the company’s stock worth $25,000 after purchasing an additional 176 shares during the last quarter. Cranbrook Wealth Management LLC raised its stake in Kimberly-Clark by 90.9% during the fourth quarter. Cranbrook Wealth Management LLC now owns 210 shares of the company’s stock worth $26,000 after purchasing an additional 100 shares during the period. Accordant Advisory Group Inc acquired a new position in shares of Kimberly-Clark in the 1st quarter valued at $27,000. Finally, Centerpoint Advisors LLC grew its stake in shares of Kimberly-Clark by 175.0% during the 3rd quarter. Centerpoint Advisors LLC now owns 275 shares of the company’s stock valued at $33,000 after buying an additional 175 shares during the period. 76.29% of the stock is owned by institutional investors and hedge funds.

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.