Kimberly-Clark Co. (NYSE:KMB - Get Free Report) insider Katy Chen sold 454 shares of the firm's stock in a transaction on Friday, April 26th. The shares were sold at an average price of $135.24, for a total transaction of $61,398.96. Following the completion of the transaction, the insider now directly owns 520 shares in the company, valued at approximately $70,324.80. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.
Kimberly-Clark Price Performance
KMB opened at $136.53 on Wednesday. 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 company's 50-day moving average price is $126.56 and its 200 day moving average price is $123.14. Kimberly-Clark Co. has a fifty-two week low of $116.32 and a fifty-two week high of $147.02. The firm has a market cap of $45.97 billion, a price-to-earnings ratio of 25.10, a price-to-earnings-growth ratio of 3.85 and a beta of 0.40.
Kimberly-Clark (NYSE:KMB - Get Free Report) last announced its quarterly earnings results on Tuesday, April 23rd. The company reported $2.01 earnings per share (EPS) for the quarter, topping the consensus estimate 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 quarter last year, the business posted $1.67 EPS. The business's revenue was down .9% on a year-over-year basis. As a group, sell-side analysts expect that Kimberly-Clark Co. will post 7 earnings per share for the current year.
Hedge Funds Weigh In On Kimberly-Clark
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Several institutional investors have recently modified their holdings of KMB. OFI Invest Asset Management bought a new position in Kimberly-Clark in the 3rd quarter worth about $25,000. Rise Advisors LLC boosted its position in shares of Kimberly-Clark by 926.3% during the first quarter. Rise Advisors LLC now owns 195 shares of the company's stock worth $25,000 after buying an additional 176 shares during the period. Cranbrook Wealth Management LLC increased its position in Kimberly-Clark by 90.9% in the 4th quarter. Cranbrook Wealth Management LLC now owns 210 shares of the company's stock valued at $26,000 after acquiring an additional 100 shares during the period. Accordant Advisory Group Inc bought a new stake in Kimberly-Clark during the 1st quarter valued at $27,000. Finally, Centerpoint Advisors LLC boosted its position in Kimberly-Clark by 175.0% during the 3rd 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. Institutional investors own 76.29% of the company's stock.
Analyst Ratings Changes
A number of equities analysts have weighed in on the company. JPMorgan Chase & Co. upped their price target on Kimberly-Clark from $115.00 to $123.00 and gave the stock an "underweight" rating in a report on Wednesday, April 24th. Piper Sandler lifted their price target on shares of Kimberly-Clark from $145.00 to $152.00 and gave the stock an "overweight" rating in a research note 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 company a "buy" rating in a research report on Wednesday, April 24th. Bank of America lifted their target price on Kimberly-Clark from $110.00 to $115.00 and gave the stock an "underperform" rating in a research report on Wednesday, April 24th. Finally, Citigroup increased their price target on Kimberly-Clark from $111.00 to $125.00 and gave the company a "sell" rating in a report on Wednesday, April 24th. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $134.85.
View Our Latest Report on Kimberly-Clark
Kimberly-Clark Company Profile
(
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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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