Wall Street brokerages predict that Kimberly Clark Corp (NYSE:KMB) will post $1.79 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Four analysts have provided estimates for Kimberly Clark’s earnings, with the lowest EPS estimate coming in at $1.75 and the highest estimate coming in at $1.87. Kimberly Clark reported earnings of $1.71 per share in the same quarter last year, which would indicate a positive year over year growth rate of 4.7%. The company is expected to announce its next earnings results on Monday, October 28th.

According to Zacks, analysts expect that Kimberly Clark will report full year earnings of $6.79 per share for the current financial year, with EPS estimates ranging from $6.76 to $6.84. For the next year, analysts expect that the company will report earnings of $7.16 per share, with EPS estimates ranging from $7.01 to $7.23. Zacks’ earnings per share averages are a mean average based on a survey of sell-side analysts that that provide coverage for Kimberly Clark.

Kimberly Clark (NYSE:KMB) last announced its quarterly earnings data on Tuesday, July 23rd. The company reported $1.67 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.64 by $0.03. The company had revenue of $4.59 billion during the quarter, compared to analysts’ expectations of $4.60 billion. Kimberly Clark had a net margin of 9.80% and a return on equity of 27,094.12%. The business’s quarterly revenue was down .2% compared to the same quarter last year. During the same period in the previous year, the company earned $1.59 EPS.

A number of equities research analysts have issued reports on KMB shares. JPMorgan Chase & Co. boosted their price target on Kimberly Clark from $151.00 to $152.00 and gave the company an “overweight” rating in a research report on Wednesday, July 24th. Deutsche Bank raised their price objective on Kimberly Clark from $113.00 to $122.00 and gave the stock a “sell” rating in a report on Monday, June 17th. Wells Fargo & Co reaffirmed a “hold” rating and issued a $130.00 price objective on shares of Kimberly Clark in a research note on Tuesday, July 23rd. Morgan Stanley lifted their price objective on Kimberly Clark from $145.00 to $147.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 24th. Finally, ValuEngine cut Kimberly Clark from a “buy” rating to a “hold” rating in a report on Thursday, August 1st. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $130.20.

Shares of KMB traded up $0.76 during trading hours on Friday, hitting $131.91. The stock had a trading volume of 2,562,328 shares, compared to its average volume of 1,748,220. Kimberly Clark has a 12-month low of $100.32 and a 12-month high of $143.16. The firm has a market cap of $45.86 billion, a P/E ratio of 19.96, a P/E/G ratio of 3.57 and a beta of 0.54. The company has a debt-to-equity ratio of 134.02, a quick ratio of 0.53 and a current ratio of 0.81. The company’s fifty day simple moving average is $138.52 and its 200 day simple moving average is $130.49.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 2nd. Shareholders of record on Friday, September 6th will be paid a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a dividend yield of 3.12%. The ex-dividend date is Thursday, September 5th. Kimberly Clark’s dividend payout ratio is presently 62.33%.

In other news, SVP J. Scott Boston sold 4,834 shares of the business’s stock in a transaction on Wednesday, August 7th. The shares were sold at an average price of $136.26, for a total transaction of $658,680.84. Following the transaction, the senior vice president now directly owns 11,901 shares of the company’s stock, valued at $1,621,630.26. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Aaron Powell sold 3,964 shares of the business’s stock in a transaction on Monday, July 29th. The stock was sold at an average price of $137.95, for a total transaction of $546,833.80. Following the transaction, the insider now directly owns 5,780 shares in the company, valued at $797,351. The disclosure for this sale can be found here. Insiders sold 44,584 shares of company stock valued at $6,242,483 in the last ninety days. Company insiders own 0.85% of the company’s stock.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Daiwa Securities Group Inc. raised its stake in Kimberly Clark by 2.2% during the second quarter. Daiwa Securities Group Inc. now owns 13,837 shares of the company’s stock valued at $1,844,000 after buying an additional 300 shares in the last quarter. Advisor Partners LLC raised its position in shares of Kimberly Clark by 2.6% during the 2nd quarter. Advisor Partners LLC now owns 12,634 shares of the company’s stock valued at $1,684,000 after acquiring an additional 318 shares in the last quarter. Beaumont Financial Partners LLC raised its position in shares of Kimberly Clark by 7.8% during the 2nd quarter. Beaumont Financial Partners LLC now owns 6,772 shares of the company’s stock valued at $903,000 after acquiring an additional 489 shares in the last quarter. Cutter & CO Brokerage Inc. bought a new position in Kimberly Clark during the second quarter worth $222,000. Finally, DekaBank Deutsche Girozentrale lifted its stake in Kimberly Clark by 98.3% during the second quarter. DekaBank Deutsche Girozentrale now owns 183,332 shares of the company’s stock worth $24,693,000 after purchasing an additional 90,873 shares during the last quarter. 71.88% of the stock is owned by institutional investors and hedge funds.

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.

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Earnings History and Estimates for Kimberly Clark (NYSE:KMB)

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