Kimberly-Clark Co. (NYSE:KMB - Get Free Report) insider Doug Cunningham sold 1,040 shares of the company's stock in a transaction on Wednesday, May 1st. The shares were sold at an average price of $136.86, for a total transaction of $142,334.40. Following the sale, the insider now owns 3,833 shares of the company's stock, valued at approximately $524,584.38. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Kimberly-Clark Price Performance
Shares of NYSE KMB opened at $136.47 on Thursday. The company has a fifty day moving average price of $126.88 and a 200 day moving average price of $123.24. The firm has a market cap of $45.95 billion, a PE ratio of 25.09, a PEG ratio of 3.89 and a beta of 0.38. The company has a current ratio of 0.81, a quick ratio of 0.54 and a debt-to-equity ratio of 6.05. Kimberly-Clark Co. has a 1-year low of $116.32 and a 1-year high of $147.02.
Kimberly-Clark (NYSE:KMB - Get Free Report) last posted its quarterly earnings data on Tuesday, April 23rd. The company reported $2.01 earnings per share for the quarter, topping the consensus estimate of $1.61 by $0.40. The company had revenue of $5.15 billion during the quarter, compared to analysts' expectations of $5.08 billion. Kimberly-Clark had a return on equity of 250.28% and a net margin of 9.05%. Kimberly-Clark's revenue for the quarter was down .9% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.67 earnings per share. Research analysts predict that Kimberly-Clark Co. will post 7 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
[FREE Ticket] 27 Crypto Experts Reveal Their #1 Picks
From Crypto 101 Media | Ad
Are you monitoring 13,217 cryptocurrencies everyday?
If not, you could miss the ONE that can make you wealthy beyond your wildest dreams.
You see, while Bitcoin and Ethereum steal all the headlines… It’s often the cryptos flying under the radar that turn small stakes into life-changing windfalls.
Claim your free seat by clicking here now.
A number of research firms recently commented on KMB. The Goldman Sachs Group upped their price objective on Kimberly-Clark from $135.00 to $152.00 and gave the company a "buy" rating in a report on Wednesday, April 24th. Bank of America increased their price target on shares of Kimberly-Clark from $110.00 to $115.00 and gave the company an "underperform" rating in a research report on Wednesday, April 24th. Royal Bank of Canada boosted their price objective on shares of Kimberly-Clark from $123.00 to $126.00 and gave the company a "sector perform" rating in a report on Wednesday, April 24th. Citigroup increased their target price on shares of Kimberly-Clark from $111.00 to $125.00 and gave the stock a "sell" rating in a report on Wednesday, April 24th. Finally, HSBC boosted their price target on shares of Kimberly-Clark from $146.00 to $150.00 and gave the company a "hold" rating in a report on Wednesday, April 24th. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat, Kimberly-Clark presently has a consensus rating of "Hold" and a consensus target price of $134.85.
Check Out Our Latest Report on Kimberly-Clark
Hedge Funds Weigh In On Kimberly-Clark
A number of large investors have recently bought and sold shares of KMB. Capital Investment Counsel Inc lifted its position in shares of Kimberly-Clark by 0.8% in the first quarter. Capital Investment Counsel Inc now owns 10,019 shares of the company's stock worth $1,296,000 after purchasing an additional 75 shares in the last quarter. Connecticut Wealth Management LLC increased its stake in Kimberly-Clark by 4.6% in the 1st quarter. Connecticut Wealth Management LLC now owns 1,755 shares of the company's stock valued at $227,000 after buying an additional 77 shares during the last quarter. Essex Financial Services Inc. lifted its position in Kimberly-Clark by 2.1% during the 1st quarter. Essex Financial Services Inc. now owns 3,923 shares of the company's stock worth $507,000 after buying an additional 82 shares in the last quarter. First National Bank of Mount Dora Trust Investment Services lifted its position in Kimberly-Clark by 1.7% during the 1st quarter. First National Bank of Mount Dora Trust Investment Services now owns 4,817 shares of the company's stock worth $623,000 after buying an additional 82 shares in the last quarter. Finally, Chicago Partners Investment Group LLC boosted its stake in shares of Kimberly-Clark by 2.2% during the 4th quarter. Chicago Partners Investment Group LLC now owns 3,860 shares of the company's stock worth $456,000 after buying an additional 84 shares during the last quarter. Institutional investors and hedge funds own 76.29% of the company's stock.
About Kimberly-Clark
(
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
