Kimberly-Clark Corporation (KMB) – What Are Investment Firms Thinking About This Stock?

Kimberly-Clark Corporation (NASDAQ:KMB) has received a consensus rating of “Hold” from the nineteen research firms that are currently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $111.56.

Several research firms have issued reports on KMB. Barclays dropped their price objective on Kimberly-Clark from $115.00 to $105.00 and set an “equal weight” rating on the stock in a research note on Monday, September 14th. BNP Paribas Exane lifted their target price on Kimberly-Clark from $101.00 to $110.00 and gave the stock a “neutral” rating in a research note on Friday, October 16th. UBS Group lifted their target price on Kimberly-Clark from $106.00 to $113.00 and gave the stock a “neutral” rating in a research note on Wednesday. Piper Sandler dropped their price target on Kimberly-Clark from $121.00 to $118.00 and set an “overweight” rating on the stock in a research note on Friday, September 11th. Finally, Bank of America cut their price target on Kimberly-Clark from $122.00 to $120.00 and set a “buy” rating for the company in a report on Friday, September 25th.

Hedge Funds Weigh In On Kimberly-Clark

Large investors have recently modified their holdings of the stock. Costello Asset Management INC grew its stake in Kimberly-Clark by 25.1% in the 3rd quarter. Costello Asset Management INC now owns 997 shares of the company’s stock valued at $97,000 after buying an additional 200 shares during the last quarter. Cowa LLC lifted its position in Kimberly-Clark by 10.5% during the third quarter. Cowa LLC now owns 18,305 shares of the company’s stock worth $1,784,000 after acquiring an additional 1,745 shares during the last quarter. Optimist Retirement Group LLC lifted its position in Kimberly-Clark by 2.3% during the third quarter. Optimist Retirement Group LLC now owns 27,210 shares of the company’s stock worth $2,651,000 after acquiring an additional 600 shares during the last quarter. Sound Financial Strategies Group LLC bought a new stake in shares of Kimberly-Clark during the third quarter worth approximately $300,000. Finally, Ascent Group LLC boosted its holdings in shares of Kimberly-Clark by 5.5% during the third quarter. Ascent Group LLC now owns 22,042 shares of the company’s stock worth $2,147,000 after acquiring an additional 1,150 shares during the period. 76.29% of the stock is owned by institutional investors.

Kimberly-Clark Price Performance

Kimberly-Clark stock opened at $107.94 on Monday. The firm has a market capitalization of $35.90 billion, a PE ratio of 18.36, a P/E/G ratio of 5.84 and a beta of 0.25. The company’s 50-day moving average is $102.82 and its 200-day moving average is $103.02. Kimberly-Clark has a fifty-two week low of $92.42 and a fifty-two week high of $120.09. The company has a debt-to-equity ratio of 3.45, a current ratio of 0.91 and a quick ratio of 0.69.

Kimberly-Clark (NASDAQ:KMB) last issued its earnings results on Tuesday, August 4th. The company reported $1.80 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.01 by ($0.21). Kimberly-Clark had a net margin of 11.79% and a return on equity of 143.92%. The firm had revenue of $4.19 billion during the quarter, compared to the consensus estimate of $4.22 billion. During the same period in the previous year, the company posted $1.92 earnings per share. The firm’s revenue for the quarter was up .6% compared to the same quarter last year. Sell-side analysts anticipate that Kimberly-Clark will post 6.83 earnings per share for the current year.

About Kimberly-Clark

Kimberly-Clark Corporation (NASDAQ:KMB) is a global consumer products company that develops and markets personal care, tissue and professional hygiene products. Its portfolio includes products for babies and children, feminine care, adult care, family care and workplace hygiene.

The company’s well-known brands include Huggies diapers and wipes, Kleenex facial tissue, Cottonelle bathroom tissue, Scott toilet paper and paper towels, Kotex feminine care products, and Depend, Poise and GoodNites products.