Kimberly-Clark (NYSE:KMB) Research Coverage Started at BNP Paribas

Equities research analysts at BNP Paribas started coverage on shares of Kimberly-Clark (NYSE:KMB) in a report released on Monday, Marketbeat Ratings reports. The brokerage set a “neutral” rating and a $146.00 price target on the stock. BNP Paribas’ price target indicates a potential upside of 4.68% from the company’s current price.

A number of other analysts have also recently commented on KMB. Bank of America raised Kimberly-Clark from an “underperform” rating to a “buy” rating and lifted their price target for the stock from $115.00 to $160.00 in a research report on Thursday, June 13th. Deutsche Bank Aktiengesellschaft lifted their price target on Kimberly-Clark from $127.00 to $132.00 and gave the stock a “hold” rating in a research report on Thursday, March 28th. The Goldman Sachs Group lifted their price target on Kimberly-Clark from $135.00 to $152.00 and gave the stock a “buy” rating in a research report on Wednesday, April 24th. HSBC lifted their price target on Kimberly-Clark from $146.00 to $150.00 and gave the stock a “hold” rating in a research report on Wednesday, April 24th. Finally, JPMorgan Chase & Co. boosted their price objective on Kimberly-Clark from $115.00 to $123.00 and gave the company an “underweight” rating in a report on Wednesday, April 24th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $141.64.

Kimberly-Clark Trading Down 0.5 %

KMB opened at $139.47 on Monday. The stock’s fifty day moving average is $134.54 and its two-hundred day moving average is $126.95. The company has a market capitalization of $46.96 billion, a P/E ratio of 25.64, a PEG ratio of 3.16 and a beta of 0.38. Kimberly-Clark has a 52 week low of $116.32 and a 52 week high of $142.20. The company has a quick ratio of 0.54, a current ratio of 0.81 and a debt-to-equity ratio of 6.05.

Kimberly-Clark (NYSE:KMB) last announced its quarterly earnings results on Tuesday, April 23rd. The company reported $2.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.61 by $0.40. Kimberly-Clark had a return on equity of 250.28% and a net margin of 9.05%. The business had revenue of $5.15 billion for the quarter, compared to the consensus estimate of $5.08 billion. During the same period last year, the business posted $1.67 EPS. The business’s revenue was down .9% compared to the same quarter last year. Analysts forecast that Kimberly-Clark will post 7.06 earnings per share for the current year.

Insiders Place Their Bets

In other Kimberly-Clark news, insider Paula Ramos sold 10,178 shares of the business’s stock in a transaction that occurred on Wednesday, April 24th. The stock was sold at an average price of $137.17, for a total transaction of $1,396,116.26. Following the completion of the sale, the insider now directly owns 795 shares in the company, valued at approximately $109,050.15. The transaction was disclosed in a document filed with the SEC, which is available through this link. In related news, insider Katy Chen sold 454 shares of the company’s stock in a transaction that occurred on Friday, April 26th. The stock was sold at an average price of $135.24, for a total value of $61,398.96. Following the transaction, the insider now directly owns 520 shares in the company, valued at $70,324.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Paula Ramos sold 10,178 shares of the company’s stock in a transaction that occurred on 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 transaction, the insider now owns 795 shares in the company, valued at $109,050.15. The disclosure for this sale can be found here. In the last three months, insiders sold 24,395 shares of company stock worth $3,332,776. Corporate insiders own 0.62% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Sequoia Financial Advisors LLC lifted its stake in Kimberly-Clark by 204.0% during the fourth quarter. Sequoia Financial Advisors LLC now owns 20,575 shares of the company’s stock worth $2,500,000 after purchasing an additional 13,806 shares in the last quarter. Virtu Financial LLC lifted its stake in Kimberly-Clark by 506.8% during the fourth quarter. Virtu Financial LLC now owns 12,955 shares of the company’s stock worth $1,574,000 after purchasing an additional 10,820 shares in the last quarter. Compagnie Lombard Odier SCmA acquired a new position in Kimberly-Clark during the fourth quarter worth $4,253,000. Nixon Peabody Trust Co. acquired a new position in Kimberly-Clark during the fourth quarter worth $1,081,000. Finally, Rockline Wealth Management LLC acquired a new position in Kimberly-Clark during the fourth quarter worth $1,661,000. 76.29% of the stock is currently owned by institutional investors and hedge funds.

About Kimberly-Clark

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.