Kimberly-Clark Co. (NYSE:KMB - Get Free Report) insider Paula Ramos sold 10,178 shares of the company'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 transaction, the insider now owns 795 shares of the company's stock, valued at $109,050.15. The transaction was disclosed in a filing with the SEC, which is available through this link.
Kimberly-Clark Trading Up 1.3 %
NYSE:KMB opened at $137.78 on Thursday. The firm's fifty day moving average is $125.17 and its 200-day moving average is $122.66. 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 Co. has a 52 week low of $116.32 and a 52 week high of $147.87. The firm has a market cap of $46.42 billion, a P/E ratio of 25.33, a P/E/G ratio of 4.05 and a beta of 0.40.
Kimberly-Clark (NYSE:KMB - Get Free Report) last posted its quarterly earnings data on Tuesday, April 23rd. The company reported $2.01 EPS for the quarter, beating analysts' consensus estimates of $1.61 by $0.40. The company had revenue of $5.15 billion for the quarter, compared to analyst estimates of $5.08 billion. Kimberly-Clark had a net margin of 9.05% and a return on equity of 250.28%. The company's quarterly revenue was down .9% on a year-over-year basis. During the same period in the prior year, the firm posted $1.67 EPS. Equities analysts expect that Kimberly-Clark Co. will post 6.84 earnings per share for the current year.
Wall Street Analysts Forecast Growth
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A number of equities analysts recently issued reports on the stock. Evercore ISI upgraded shares of Kimberly-Clark from an "in-line" rating to an "outperform" rating and upped their price objective for the stock from $133.00 to $150.00 in a research report on Thursday, March 28th. The Goldman Sachs Group upped their price objective on shares of Kimberly-Clark from $135.00 to $152.00 and gave the stock a "buy" rating in a research report on Wednesday. UBS Group boosted their target price on shares of Kimberly-Clark from $135.00 to $138.00 and gave the stock a "neutral" rating in a report on Wednesday. Royal Bank of Canada boosted their target price on shares of Kimberly-Clark from $123.00 to $126.00 and gave the stock a "sector perform" rating in a report on Wednesday. Finally, StockNews.com raised shares of Kimberly-Clark from a "hold" rating to a "buy" rating in a report on Thursday, April 11th. Three analysts have rated the stock with a sell rating, seven have issued a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $135.21.
View Our Latest Stock Report on KMB
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of the stock. Charles Schwab Investment Management Inc. boosted its stake in Kimberly-Clark by 2.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 7,191,478 shares of the company's stock worth $869,090,000 after acquiring an additional 177,712 shares in the last quarter. American Century Companies Inc. boosted its stake in Kimberly-Clark by 14.7% during the third quarter. American Century Companies Inc. now owns 4,996,401 shares of the company's stock worth $603,815,000 after acquiring an additional 641,187 shares in the last quarter. Morgan Stanley boosted its stake in Kimberly-Clark by 4.6% during the third quarter. Morgan Stanley now owns 4,884,941 shares of the company's stock worth $590,345,000 after acquiring an additional 212,739 shares in the last quarter. Northern Trust Corp boosted its stake in Kimberly-Clark by 4.0% during the third quarter. Northern Trust Corp now owns 4,051,719 shares of the company's stock worth $489,650,000 after acquiring an additional 155,066 shares in the last quarter. Finally, Norges Bank bought a new position in Kimberly-Clark during the fourth quarter worth $437,420,000. 76.29% of the stock is owned by institutional investors.
Kimberly-Clark Company Profile
(
Get Free Report)
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.
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