Key Points
- Katy Chen sold 1,596 shares of Kimberly‑Clark on May 4 at an average price of $95.34 for about $152,163, cutting her position by 16.03% to 8,362 shares; the filing says the sale was to cover tax withholding tied to vested equity awards.
- Kimberly‑Clark beat quarterly expectations with EPS of $1.97 versus $1.93 consensus and reported revenue of $4.16 billion (up 2.7% year‑over‑year), while analysts project $7.46 EPS for the current fiscal year.
- Research firms hold a mixed view but the consensus rating is "Hold" with a consensus target price of $114.93, following recent price‑target adjustments by UBS, Deutsche Bank and Barclays.
Kimberly-Clark Corporation (NASDAQ:KMB - Get Free Report) insider Katy Chen sold 1,596 shares of the firm's stock in a transaction on Monday, May 4th. The shares were sold at an average price of $95.34, for a total value of $152,162.64. Following the completion of the sale, the insider directly owned 8,362 shares in the company, valued at approximately $797,233.08. This represents a 16.03% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Katy Chen also recently made the following trade(s):
- On Thursday, April 30th, Katy Chen sold 1,405 shares of Kimberly-Clark stock. The shares were sold at an average price of $96.95, for a total value of $136,214.75.
Kimberly-Clark Trading Down 2.1%
NASDAQ KMB opened at $95.65 on Tuesday. The company has a quick ratio of 0.55, a current ratio of 0.77 and a debt-to-equity ratio of 3.38. Kimberly-Clark Corporation has a twelve month low of $92.42 and a twelve month high of $144.30. The company has a market cap of $31.75 billion, a price-to-earnings ratio of 15.02, a price-to-earnings-growth ratio of 4.68 and a beta of 0.29. The business's fifty day moving average is $100.29 and its 200 day moving average is $103.46.
Kimberly-Clark (NASDAQ:KMB - Get Free Report) last released its quarterly earnings data on Tuesday, April 28th. The company reported $1.97 earnings per share for the quarter, beating the consensus estimate of $1.93 by $0.04. Kimberly-Clark had a return on equity of 152.79% and a net margin of 12.80%.The company had revenue of $4.16 billion for the quarter, compared to the consensus estimate of $4.09 billion. During the same quarter last year, the business posted $1.93 EPS. Kimberly-Clark's revenue for the quarter was up 2.7% on a year-over-year basis. As a group, sell-side analysts expect that Kimberly-Clark Corporation will post 7.46 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
KMB has been the topic of several recent research reports. Zacks Research downgraded Kimberly-Clark from a "strong-buy" rating to a "hold" rating in a report on Tuesday, March 3rd. Deutsche Bank Aktiengesellschaft cut their price objective on Kimberly-Clark from $110.00 to $109.00 and set a "hold" rating on the stock in a report on Monday, March 30th. UBS Group raised their price objective on Kimberly-Clark from $105.00 to $106.00 and gave the company a "neutral" rating in a report on Wednesday, April 29th. Barclays cut their price objective on Kimberly-Clark from $105.00 to $99.00 and set an "equal weight" rating on the stock in a report on Tuesday, April 14th. Finally, Weiss Ratings reissued a "hold (c-)" rating on shares of Kimberly-Clark in a report on Friday, March 27th. Four research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $114.93.
Get Our Latest Research Report on Kimberly-Clark
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Deseret Mutual Benefit Administrators lifted its holdings in Kimberly-Clark by 3.5% during the 3rd quarter. Deseret Mutual Benefit Administrators now owns 2,585 shares of the company's stock worth $321,000 after buying an additional 87 shares during the period. Greatmark Investment Partners Inc. lifted its holdings in Kimberly-Clark by 2.9% during the 4th quarter. Greatmark Investment Partners Inc. now owns 3,533 shares of the company's stock worth $356,000 after buying an additional 100 shares during the period. Oregon Public Employees Retirement Fund lifted its holdings in Kimberly-Clark by 0.3% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 37,999 shares of the company's stock worth $3,834,000 after buying an additional 100 shares during the period. New Mexico Educational Retirement Board lifted its holdings in Kimberly-Clark by 0.7% during the 4th quarter. New Mexico Educational Retirement Board now owns 15,093 shares of the company's stock worth $1,523,000 after buying an additional 100 shares during the period. Finally, NTV Asset Management LLC lifted its holdings in Kimberly-Clark by 4.1% during the 3rd quarter. NTV Asset Management LLC now owns 2,640 shares of the company's stock worth $328,000 after buying an additional 103 shares during the period. 76.29% of the stock is owned by institutional investors and hedge funds.
Kimberly-Clark Company Profile
(
Get Free Report)
Kimberly-Clark Corporation is a U.S.-based multinational manufacturer of personal care and consumer tissue products. The company develops, produces and markets a range of consumer brands and professional products, including facial and bathroom tissues, disposable diapers and training pants, feminine care, incontinence products and workplace hygiene solutions. Known for consumer-facing names such as Kleenex, Huggies, Kotex, Cottonelle and Scott, as well as professional offerings under Kimberly-Clark Professional and KleenGuard, the company supplies goods to retail, healthcare and institutional customers.
Founded in 1872 in Neenah, Wisconsin, Kimberly-Clark has expanded from its 19th-century paper-making roots into a global household and workplace products company.
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