Kimberly-Clark Corporation (NASDAQ:KMB) Given Average Rating of “Hold” by Analysts

Kimberly-Clark Corporation (NASDAQ:KMB) has earned an average recommendation of “Hold” from the seventeen research firms that are presently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, eleven have issued a hold recommendation, four have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $117.5714.

A number of brokerages recently issued reports on KMB. Barclays lifted their price target on shares of Kimberly-Clark from $101.00 to $115.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 21st. Weiss Ratings upgraded shares of Kimberly-Clark from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, July 28th. Seaport Research Partners raised Kimberly-Clark to a “buy” rating in a research report on Tuesday, August 4th. Freedom Capital upgraded Kimberly-Clark from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 4th. Finally, Piper Sandler reaffirmed an “overweight” rating on shares of Kimberly-Clark in a research report on Wednesday, August 19th.

Institutional Trading of Kimberly-Clark

Several institutional investors have recently bought and sold shares of KMB. Darwin Wealth Management LLC purchased a new position in Kimberly-Clark in the second quarter worth about $27,000. Godfrey Financial Associates Inc. bought a new stake in shares of Kimberly-Clark during the fourth quarter valued at approximately $25,000. CrossGen Wealth LLC bought a new stake in shares of Kimberly-Clark during the fourth quarter valued at approximately $27,000. Ancora Advisors LLC purchased a new position in Kimberly-Clark in the 2nd quarter worth approximately $32,000. Finally, Edmond DE Rothschild Holding S.A. bought a new position in Kimberly-Clark in the 2nd quarter valued at approximately $32,000. 76.29% of the stock is owned by hedge funds and other institutional investors.

Kimberly-Clark Price Performance

Shares of KMB stock opened at $98.48 on Friday. The business’s fifty day moving average is $109.02 and its 200 day moving average is $103.47. The company has a quick ratio of 0.69, a current ratio of 0.91 and a debt-to-equity ratio of 3.45. The stock has a market cap of $32.75 billion, a price-to-earnings ratio of 16.75, a PEG ratio of 4.12 and a beta of 0.25. Kimberly-Clark has a twelve month low of $92.42 and a twelve month high of $130.02.

Kimberly-Clark (NASDAQ:KMB) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $1.80 EPS for the quarter, missing the consensus estimate of $2.01 by ($0.21). The firm had revenue of $4.19 billion for the quarter, compared to analysts’ expectations of $4.22 billion. Kimberly-Clark had a net margin of 11.79% and a return on equity of 143.92%. The business’s quarterly revenue was up .6% compared to the same quarter last year. During the same period in the prior year, the business posted $1.92 EPS. Research analysts expect that Kimberly-Clark will post 7.43 EPS for the current fiscal year.

Kimberly-Clark Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 2nd. Stockholders of record on Friday, September 4th will be issued a dividend of $1.28 per share. The ex-dividend date is Friday, September 4th. This represents a $5.12 annualized dividend and a dividend yield of 5.2%. Kimberly-Clark’s dividend payout ratio (DPR) is presently 87.07%.

About Kimberly-Clark

Kimberly-Clark Corporation is a global manufacturer of personal care and consumer tissue products. The company develops and markets products designed to support personal hygiene, health and well-being in households, healthcare settings and workplaces.

Its portfolio includes well-known brands such as Huggies diapers and training pants, Kleenex facial tissues, Cottonelle toilet paper and wipes, Scott toilet paper and paper towels, Kotex feminine care products, and Depend and Poise incontinence care products.