Kimberly-Clark (KMB) – Investment Analysts’ Weekly Ratings Updates

Kimberly-Clark (NYSE: KMB) has recently received a number of price target changes and ratings updates:

• 4/25/2024 – Kimberly-Clark had its price target raised by analysts at Barclays PLC from $132.00 to $136.00. They now have an “equal weight” rating on the stock.
• 4/24/2024 – Kimberly-Clark had its price target raised by analysts at JPMorgan Chase & Co. from $115.00 to $123.00. They now have an “underweight” rating on the stock.
• 4/24/2024 – Kimberly-Clark had its price target raised by analysts at Bank of America Co. from $110.00 to $115.00. They now have an “underperform” rating on the stock.
• 4/24/2024 – Kimberly-Clark had its price target raised by analysts at Citigroup Inc. from $111.00 to $125.00. They now have a “sell” rating on the stock.
• 4/24/2024 – Kimberly-Clark had its price target raised by analysts at Royal Bank of Canada from $123.00 to $126.00. They now have a “sector perform” rating on the stock.
• 4/24/2024 – Kimberly-Clark had its price target raised by analysts at UBS Group AG from $135.00 to $138.00. They now have a “neutral” rating on the stock.
• 4/24/2024 – Kimberly-Clark had its price target raised by analysts at HSBC Holdings plc from $146.00 to $150.00. They now have a “hold” rating on the stock.
• 4/24/2024 – Kimberly-Clark had its price target raised by analysts at Wells Fargo & Company from $131.00 to $136.00. They now have an “equal weight” rating on the stock.
• 4/24/2024 – Kimberly-Clark had its price target raised by analysts at The Goldman Sachs Group, Inc. from $135.00 to $152.00. They now have a “buy” rating on the stock.
• 4/12/2024 – Kimberly-Clark had its price target raised by analysts at Barclays PLC from $124.00 to $132.00. They now have an “equal weight” rating on the stock.
• 4/11/2024 – Kimberly-Clark was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 4/3/2024 – Kimberly-Clark was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 3/28/2024 – Kimberly-Clark had its “sector perform” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $123.00 price target on the stock.
• 3/28/2024 – Kimberly-Clark had its price target raised by analysts at Piper Sandler from $145.00 to $152.00. They now have an “overweight” rating on the stock.
• 3/28/2024 – Kimberly-Clark was upgraded by analysts at Evercore ISI from an “in-line” rating to an “outperform” rating. They now have a $150.00 price target on the stock, up previously from $133.00.
• 3/28/2024 – Kimberly-Clark had its price target raised by analysts at Deutsche Bank Aktiengesellschaft from $127.00 to $132.00. They now have a “hold” rating on the stock.
• 3/28/2024 – Kimberly-Clark had its price target raised by analysts at HSBC Holdings plc from $134.00 to $146.00. They now have a “hold” rating on the stock.
• 3/28/2024 – Kimberly-Clark had its price target raised by analysts at Wells Fargo & Company from $125.00 to $131.00. They now have an “equal weight” rating on the stock.
• 3/26/2024 – Kimberly-Clark was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 3/15/2024 – Kimberly-Clark was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 3/1/2024 – Kimberly-Clark is now covered by analysts at The Goldman Sachs Group, Inc.. They set a “buy” rating and a $135.00 price target on the stock.

Kimberly-Clark Price Performance

NYSE:KMB traded up $0.60 on Tuesday, reaching $136.53. 2,875,732 shares of the company’s stock traded hands, compared to its average volume of 2,238,398. The company has a quick ratio of 0.54, a current ratio of 0.81 and a debt-to-equity ratio of 6.05. The stock has a 50-day simple moving average of $126.22 and a 200-day simple moving average of $123.03. The firm has a market cap of $45.97 billion, a PE ratio of 25.10, a P/E/G ratio of 3.85 and a beta of 0.40. Kimberly-Clark Co. has a 12 month low of $116.32 and a 12 month high of $147.02.

Kimberly-Clark (NYSE:KMB) last issued its quarterly earnings data on Tuesday, April 23rd. The company reported $2.01 earnings per share for the quarter, beating analysts’ consensus estimates of $1.61 by $0.40. The firm had revenue of $5.15 billion during the quarter, compared to analyst estimates of $5.08 billion. Kimberly-Clark had a return on equity of 250.28% and a net margin of 9.05%. The business’s quarterly revenue was down .9% compared to the same quarter last year. During the same quarter last year, the business posted $1.67 earnings per share. Equities research analysts forecast that Kimberly-Clark Co. will post 7 earnings per share for the current year.

Insider Buying and Selling

In other Kimberly-Clark news, insider Jeffrey P. Melucci sold 6,390 shares of the business’s stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $135.59, for a total transaction of $866,420.10. Following the completion of the transaction, the insider now owns 33,649 shares in the company, valued at $4,562,467.91. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In related news, insider Jeffrey P. Melucci sold 6,390 shares of the business’s stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of $135.59, for a total value of $866,420.10. Following the completion of the transaction, the insider now owns 33,649 shares of the company’s stock, valued at $4,562,467.91. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, 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 transaction, the insider now directly owns 795 shares of the company’s stock, valued at approximately $109,050.15. The disclosure for this sale can be found here. 0.62% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Kimberly-Clark

Several institutional investors and hedge funds have recently bought and sold shares of the company. OFI Invest Asset Management purchased a new stake in shares of Kimberly-Clark during the third quarter valued at $25,000. Rise Advisors LLC raised its position in shares of 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 acquiring an additional 176 shares during the period. Cranbrook Wealth Management LLC raised its position in shares of Kimberly-Clark by 90.9% in the fourth quarter. Cranbrook Wealth Management LLC now owns 210 shares of the company’s stock worth $26,000 after acquiring an additional 100 shares during the period. Accordant Advisory Group Inc acquired a new position in shares of Kimberly-Clark in the first quarter worth about $27,000. Finally, Centerpoint Advisors LLC raised its position in shares of Kimberly-Clark by 175.0% in the third quarter. Centerpoint Advisors LLC now owns 275 shares of the company’s stock worth $33,000 after acquiring an additional 175 shares during the period. 76.29% of the stock is owned by hedge funds and other institutional investors.

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.