Published On: Mon, Sep 12th, 2016

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Kimberly-Clark Corp. (NYSE:KMB)‘s stock had its “buy” rating reaffirmed by Goldman Sachs Group Inc. in a report released on Monday. They presently have a $154.00 price objective on the stock. Goldman Sachs Group Inc.’s target price points to a potential upside of 25.24% from the company’s previous close.
Other equities research analysts also recently issued reports about the stock. Deutsche Bank AG reiterated a “hold” rating and set a $132.00 price objective (up from $130.00) on shares of Kimberly-Clark Corp. in a research note on Sunday, July 24th. Zacks Investment Research downgraded shares of Kimberly-Clark Corp. from a “buy” rating to a “hold” rating in a research note on Friday, July 1st. Citigroup Inc. increased their price objective on shares of Kimberly-Clark Corp. from $135.00 to $139.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 27th. Finally, B. Riley reiterated a “neutral” rating and set a $124.00 price objective on shares of Kimberly-Clark Corp. in a research note on Sunday, July 31st. Six analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $136.63.
Shares of Kimberly-Clark Corp. (NYSE:KMB) opened at 122.96 on Monday. The company has a market capitalization of $44.22 billion, a P/E ratio of 22.80 and a beta of 0.35. Kimberly-Clark Corp. has a 1-year low of $103.36 and a 1-year high of $138.87. The company’s 50 day moving average is $128.97 and its 200-day moving average is $131.34.

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Kimberly-Clark Corp. (NYSE:KMB) last released its quarterly earnings results on Monday, July 25th. The company reported $1.53 EPS for the quarter, topping analysts’ consensus estimates of $1.48 by $0.05. Kimberly-Clark Corp. had a net margin of 10.70% and a return on equity of 815.72%. The business had revenue of $4.60 billion for the quarter, compared to analyst estimates of $4.56 billion. During the same period last year, the firm earned $1.41 earnings per share. Kimberly-Clark Corp.’s revenue for the quarter was down 1.2% compared to the same quarter last year. On average, equities research analysts forecast that Kimberly-Clark Corp. will post $6.08 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 4th. Investors of record on Friday, September 9th will be given a dividend of $0.92 per share. The ex-dividend date of this dividend is Wednesday, September 7th. This represents a $3.68 annualized dividend and a yield of 2.99%. Kimberly-Clark Corp.’s dividend payout ratio is presently 68.40%.
In related news, SVP Lizanne C. Gottung sold 12,407 shares of Kimberly-Clark Corp. stock in a transaction that occurred on Thursday, August 4th. The shares were sold at an average price of $129.93, for a total transaction of $1,612,041.51. Following the sale, the senior vice president now directly owns 18,000 shares in the company, valued at approximately $2,338,740. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Thomas J. Mielke sold 11,946 shares of Kimberly-Clark Corp. stock in a transaction that occurred on Monday, August 22nd. The stock was sold at an average price of $127.37, for a total transaction of $1,521,562.02. Following the sale, the senior vice president now owns 33,557 shares in the company, valued at $4,274,155.09. The disclosure for this sale can be found here. Corporate insiders own 0.58% of the company’s stock.
Large investors recently bought and sold shares of the company. Capital Management Corp VA increased its stake in Kimberly-Clark Corp. by 0.5% in the second quarter. Capital Management Corp VA now owns 1,778 shares of the company’s stock valued at $244,000 after buying an additional 8 shares in the last quarter. Hanson & Doremus Investment Management increased its stake in Kimberly-Clark Corp. by 0.9% in the second quarter. Hanson & Doremus Investment Management now owns 1,145 shares of the company’s stock valued at $157,000 after buying an additional 10 shares in the last quarter. Adirondack Trust Co. increased its stake in Kimberly-Clark Corp. by 0.4% in the second quarter. Adirondack Trust Co. now owns 2,643 shares of the company’s stock valued at $363,000 after buying an additional 11 shares in the last quarter. Kistler Tiffany Companies LLC increased its stake in Kimberly-Clark Corp. by 0.4% in the second quarter. Kistler Tiffany Companies LLC now owns 3,018 shares of the company’s stock valued at $415,000 after buying an additional 13 shares in the last quarter. Finally, Cypress Wealth Advisors LLC increased its stake in Kimberly-Clark Corp. by 0.3% in the first quarter. Cypress Wealth Advisors LLC now owns 4,932 shares of the company’s stock valued at $663,000 after buying an additional 16 shares in the last quarter. Institutional investors and hedge funds own 68.53% of the company’s stock.
Kimberly-Clark Corp. Company Profile
Kimberly-Clark Corporation is engaged in the manufacturing and marketing of a range of products made from natural or synthetic fibers. The Company operates through three segments: Personal Care, Consumer Tissue and K-C Professional. The Company’s Personal Care segment offers various solutions and products, such as disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products.

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