Kimberly Clark (NYSE:KMB) was upgraded by analysts at JPMorgan Chase & Co. from an “underweight” rating to a “neutral” rating in a research report issued to clients and investors on Thursday, Marketbeat reports. The firm currently has a $86.00 price target on the stock, down from their previous price target of $90.00. JPMorgan Chase & Co.’s price objective would suggest a potential downside of 28.07% from the stock’s current price.

KMB has been the topic of several other research reports. ValuEngine raised Kimberly Clark from a “sell” rating to a “hold” rating in a research report on Wednesday. Zacks Investment Research raised Kimberly Clark from a “sell” rating to a “hold” rating in a research report on Wednesday, August 8th. Societe Generale lowered Kimberly Clark from a “buy” rating to a “hold” rating and cut their price target for the stock from $124.00 to $116.00 in a research report on Wednesday. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $110.00 price target (down previously from $115.00) on shares of Kimberly Clark in a research report on Tuesday, April 24th. Finally, Barclays reaffirmed a “hold” rating and set a $113.00 price target on shares of Kimberly Clark in a research report on Wednesday, April 25th. Three research analysts have rated the stock with a sell rating and twelve have issued a hold rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $107.00.

Shares of NYSE KMB opened at $119.56 on Thursday. 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 has a fifty-two week low of $97.10 and a fifty-two week high of $124.15. The stock has a market cap of $38.27 billion, a PE ratio of 19.19, a price-to-earnings-growth ratio of 2.36 and a beta of 0.72.

Kimberly Clark (NYSE:KMB) last issued its earnings results on Tuesday, July 24th. The company reported $1.59 earnings per share for the quarter, topping the consensus estimate of $1.57 by $0.02. Kimberly Clark had a return on equity of 432.18% and a net margin of 9.33%. The business had revenue of $4.60 billion for the quarter, compared to analyst estimates of $4.60 billion. During the same quarter last year, the company earned $1.49 EPS. The business’s quarterly revenue was up .6% on a year-over-year basis. equities analysts forecast that Kimberly Clark will post 6.69 EPS for the current year.

In other Kimberly Clark news, SVP Jeffrey P. Melucci sold 330 shares of Kimberly Clark stock in a transaction that occurred on Tuesday, May 29th. The stock was sold at an average price of $105.97, for a total value of $34,970.10. Following the transaction, the senior vice president now directly owns 5,132 shares in the company, valued at approximately $543,838.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Sandra Macquillan sold 3,045 shares of Kimberly Clark stock in a transaction that occurred on Tuesday, May 22nd. The shares were sold at an average price of $105.63, for a total value of $321,643.35. Following the completion of the transaction, the senior vice president now owns 5,642 shares in the company, valued at $595,964.46. The disclosure for this sale can be found here. Insiders sold a total of 10,920 shares of company stock worth $1,229,426 over the last quarter. Company insiders own 0.64% of the company’s stock.

Several hedge funds have recently made changes to their positions in the business. Braun Bostich & Associates Inc. boosted its stake in shares of Kimberly Clark by 1,426.9% in the second quarter. Braun Bostich & Associates Inc. now owns 1,023 shares of the company’s stock valued at $108,000 after buying an additional 956 shares in the last quarter. Gables Capital Management Inc. purchased a new stake in shares of Kimberly Clark in the first quarter valued at approximately $115,000. Centerpoint Advisors LLC boosted its stake in shares of Kimberly Clark by 999.0% in the first quarter. Centerpoint Advisors LLC now owns 1,099 shares of the company’s stock valued at $121,000 after buying an additional 999 shares in the last quarter. Lee Financial Co boosted its stake in shares of Kimberly Clark by 313.8% in the first quarter. Lee Financial Co now owns 1,167 shares of the company’s stock valued at $128,000 after buying an additional 885 shares in the last quarter. Finally, Fort L.P. purchased a new stake in shares of Kimberly Clark in the second quarter valued at approximately $125,000. Institutional investors own 74.22% of the company’s stock.

About Kimberly Clark

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.

Featured Story: Price to Earnings Ratio (PE)

Analyst Recommendations for Kimberly Clark (NYSE:KMB)

Receive News & Ratings for Kimberly Clark Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kimberly Clark and related companies with MarketBeat.com's FREE daily email newsletter.