Kimberly Clark (NYSE:KMB) had its price target lifted by Deutsche Bank from $103.00 to $108.00 in a report published on Thursday morning. Deutsche Bank currently has a hold rating on the stock.

KMB has been the topic of several other reports. ValuEngine raised shares of Kimberly Clark from a sell rating to a hold rating in a research report on Friday, August 3rd. JPMorgan Chase & Co. cut their price objective on shares of Kimberly Clark from $104.00 to $86.00 and set an underweight rating on the stock in a research report on Tuesday, April 24th. Zacks Investment Research raised shares of Kimberly Clark from a sell rating to a hold rating in a research report on Wednesday, August 8th. Citigroup set a $94.00 price objective on shares of Kimberly Clark and gave the company a sell rating in a research report on Tuesday, April 24th. Finally, Wells Fargo & Co cut their price objective on shares of Kimberly Clark from $117.00 to $108.00 and set a market perform rating on the stock in a research report on Thursday, April 19th. Three analysts have rated the stock with a sell rating and twelve have assigned a hold rating to the stock. The company currently has a consensus rating of Hold and a consensus target price of $107.00.

KMB traded up $1.29 during trading on Thursday, hitting $119.55. The company had a trading volume of 139,742 shares, compared to its average volume of 2,497,646. The stock has a market capitalization of $38.27 billion, a P/E ratio of 19.07, a P/E/G ratio of 2.36 and a beta of 0.72. Kimberly Clark has a one year low of $97.10 and a one year high of $124.15. The company has a current ratio of 0.76, a quick ratio of 0.49 and a debt-to-equity ratio of 32.28.

Kimberly Clark (NYSE:KMB) last posted its quarterly earnings data on Tuesday, July 24th. The company reported $1.59 EPS for the quarter, beating the consensus estimate of $1.57 by $0.02. The business had revenue of $4.60 billion for the quarter, compared to analysts’ expectations of $4.60 billion. Kimberly Clark had a net margin of 9.33% and a return on equity of 432.18%. The firm’s revenue was up .6% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.49 EPS. equities research analysts predict that Kimberly Clark will post 6.69 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 2nd. Shareholders of record on Friday, September 7th will be given a dividend of $1.00 per share. The ex-dividend date of this dividend is Thursday, September 6th. This represents a $4.00 annualized dividend and a yield of 3.35%. Kimberly Clark’s dividend payout ratio (DPR) is presently 64.21%.

In other news, SVP Sandra Macquillan sold 3,045 shares of the business’s stock in a transaction dated Tuesday, May 22nd. The shares were sold at an average price of $105.63, for a total transaction of $321,643.35. Following the transaction, the senior vice president now directly owns 5,642 shares in the company, valued at approximately $595,964.46. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Aaron Powell sold 1,100 shares of the business’s stock in a transaction dated Wednesday, July 25th. The stock was sold at an average price of $105.96, for a total transaction of $116,556.00. Following the transaction, the insider now owns 1,117 shares in the company, valued at $118,357.32. The disclosure for this sale can be found here. Insiders have sold a total of 10,920 shares of company stock worth $1,229,426 over the last three months. Insiders own 0.64% of the company’s stock.

Institutional investors have recently added to or reduced their stakes in the company. Gemmer Asset Management LLC grew its stake in Kimberly Clark by 15.1% in the 1st quarter. Gemmer Asset Management LLC now owns 10,779 shares of the company’s stock valued at $1,187,000 after buying an additional 1,411 shares during the last quarter. Benedict Financial Advisors Inc. grew its stake in Kimberly Clark by 2.6% in the 2nd quarter. Benedict Financial Advisors Inc. now owns 21,305 shares of the company’s stock valued at $2,244,000 after buying an additional 533 shares during the last quarter. Norinchukin Bank The grew its stake in Kimberly Clark by 14.9% in the 1st quarter. Norinchukin Bank The now owns 34,956 shares of the company’s stock valued at $3,850,000 after buying an additional 4,542 shares during the last quarter. ACG Wealth grew its stake in Kimberly Clark by 19.2% in the 2nd quarter. ACG Wealth now owns 3,058 shares of the company’s stock valued at $322,000 after buying an additional 492 shares during the last quarter. Finally, D.A. Davidson & CO. grew its stake in Kimberly Clark by 6.2% in the 2nd quarter. D.A. Davidson & CO. now owns 340,984 shares of the company’s stock valued at $35,919,000 after buying an additional 19,809 shares during the last quarter. Institutional investors own 74.22% 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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