Kimberly-Clark (NYSE:KMB) Price Target Increased to $136.00 by Analysts at Barclays

Kimberly-Clark (NYSE:KMB) had its price target hoisted by stock analysts at Barclays from $132.00 to $136.00 in a research report issued on Thursday, Benzinga reports. The firm currently has an “equal weight” rating on the stock. Barclays‘s price target would indicate a potential upside of 0.56% from the company’s current price.

Several other equities research analysts have also recently weighed in on KMB. The Goldman Sachs Group boosted their price target on shares of Kimberly-Clark from $135.00 to $152.00 and gave the stock a “buy” rating in a research report on Wednesday. Royal Bank of Canada boosted their price target on shares of Kimberly-Clark from $123.00 to $126.00 and gave the stock a “sector perform” rating in a research report on Wednesday. UBS Group boosted their price target on shares of Kimberly-Clark from $135.00 to $138.00 and gave the stock a “neutral” rating in a research report on Wednesday. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Kimberly-Clark from $127.00 to $132.00 and gave the stock a “hold” rating in a research note on Thursday, March 28th. Finally, HSBC lifted their price objective on shares of Kimberly-Clark from $146.00 to $150.00 and gave the stock a “hold” rating in a research note on Wednesday. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $134.85.

Kimberly-Clark Trading Down 0.9 %

Shares of KMB opened at $135.24 on Thursday. The company’s fifty day moving average is $125.86 and its 200 day moving average is $122.87. Kimberly-Clark has a fifty-two week low of $116.32 and a fifty-two week high of $147.09. The stock has a market capitalization of $45.54 billion, a PE ratio of 24.86, a P/E/G ratio of 3.90 and a beta of 0.40. The company has a debt-to-equity ratio of 6.05, a quick ratio of 0.54 and a current ratio of 0.81.

Kimberly-Clark (NYSE:KMB) last announced its quarterly earnings results on Tuesday, April 23rd. The company reported $2.01 earnings per share for the quarter, topping the consensus estimate of $1.61 by $0.40. Kimberly-Clark had a net margin of 9.05% and a return on equity of 250.28%. The company had revenue of $5.15 billion for the quarter, compared to analysts’ expectations of $5.08 billion. During the same quarter in the previous year, the business posted $1.67 earnings per share. Kimberly-Clark’s quarterly revenue was down .9% on a year-over-year basis. Sell-side analysts expect that Kimberly-Clark will post 6.98 earnings per share for the current fiscal year.

Insider Activity

In other Kimberly-Clark news, Director Mark T. Smucker acquired 827 shares of the stock in a transaction that occurred on Monday, January 29th. The stock was bought at an average cost of $120.98 per share, with a total value of $100,050.46. Following the completion of the purchase, the director now directly owns 827 shares in the company, valued at $100,050.46. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In related news, insider Paula Ramos sold 10,178 shares of the company’s stock in a transaction dated Wednesday, April 24th. The shares were sold at an average price of $137.17, for a total value of $1,396,116.26. Following the completion of the sale, the insider now directly owns 795 shares of the company’s stock, valued at $109,050.15. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Mark T. Smucker acquired 827 shares of the stock in a transaction that occurred on Monday, January 29th. The stock was acquired at an average cost of $120.98 per share, with a total value of $100,050.46. Following the completion of the purchase, the director now owns 827 shares of the company’s stock, valued at $100,050.46. The disclosure for this purchase can be found here. Insiders own 0.62% of the company’s stock.

Hedge Funds Weigh In On Kimberly-Clark

Large investors have recently added to or reduced their stakes in the company. Rise Advisors LLC raised its holdings in Kimberly-Clark by 926.3% in the first quarter. Rise Advisors LLC now owns 195 shares of the company’s stock worth $25,000 after purchasing an additional 176 shares in the last quarter. Accordant Advisory Group Inc acquired a new position in shares of Kimberly-Clark during the first quarter valued at about $27,000. Cranbrook Wealth Management LLC increased its holdings in shares of Kimberly-Clark by 90.9% during the fourth quarter. Cranbrook Wealth Management LLC now owns 210 shares of the company’s stock valued at $26,000 after acquiring an additional 100 shares in the last quarter. OFI Invest Asset Management acquired a new position in shares of Kimberly-Clark during the third quarter valued at about $25,000. Finally, Centerpoint Advisors LLC increased its holdings in shares of Kimberly-Clark by 175.0% during the third quarter. Centerpoint Advisors LLC now owns 275 shares of the company’s stock valued at $33,000 after acquiring an additional 175 shares in the last quarter. 76.29% of the stock is currently owned by institutional investors.

Kimberly-Clark Company Profile

Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care and consumer tissue products in the United States. It operates through three segments: Personal Care, Consumer Tissue, and K-C Professional. The company's Personal Care segment offers disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, reusable underwear, and other related products under the Huggies, Pull-Ups, Little Swimmers, GoodNites, DryNites, Sweety, Kotex, U by Kotex, Intimus, Thinx, Poise, Depend, Plenitud, Softex, and other brand names.