Kimberly-Clark (NYSE:KMB) Stock Price Expected to Rise, UBS Group Analyst Says

Kimberly-Clark (NYSE:KMB) had its price objective upped by research analysts at UBS Group from $134.00 to $146.00 in a report released on Thursday,Benzinga reports. The brokerage currently has a “neutral” rating on the stock. UBS Group’s price objective points to a potential upside of 2.32% from the company’s current price.

Other analysts also recently issued reports about the company. Wells Fargo & Company upped their price objective on Kimberly-Clark from $130.00 to $140.00 and gave the stock an “equal weight” rating in a report on Friday, March 28th. Barclays raised their price objective on Kimberly-Clark from $138.00 to $144.00 and gave the stock an “equal weight” rating in a report on Thursday, March 27th. Piper Sandler reiterated an “overweight” rating and set a $158.00 target price (down previously from $161.00) on shares of Kimberly-Clark in a report on Wednesday, January 29th. JPMorgan Chase & Co. raised their price target on shares of Kimberly-Clark from $124.00 to $131.00 and gave the company an “underweight” rating in a report on Friday, April 11th. Finally, Royal Bank of Canada reiterated an “outperform” rating and set a $165.00 price objective on shares of Kimberly-Clark in a research note on Thursday. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $146.31.

Kimberly-Clark Trading Up 2.1 %

Shares of KMB stock opened at $142.68 on Thursday. Kimberly-Clark has a twelve month low of $124.10 and a twelve month high of $150.45. The company has a market capitalization of $47.32 billion, a price-to-earnings ratio of 18.90, a PEG ratio of 4.46 and a beta of 0.37. The firm has a 50-day moving average price of $139.52 and a 200 day moving average price of $135.75. The company has a current ratio of 0.80, a quick ratio of 0.54 and a debt-to-equity ratio of 7.05.

Kimberly-Clark (NYSE:KMB) last announced its quarterly earnings data on Tuesday, January 28th. The company reported $1.50 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.50. Kimberly-Clark had a net margin of 12.69% and a return on equity of 201.43%. Research analysts forecast that Kimberly-Clark will post 7.5 earnings per share for the current fiscal year.

Insider Activity

In other Kimberly-Clark news, VP Andrew Drexler sold 10,838 shares of the stock in a transaction on Friday, February 28th. The shares were sold at an average price of $141.00, for a total transaction of $1,528,158.00. Following the transaction, the vice president now directly owns 7,720 shares in the company, valued at $1,088,520. This represents a 58.40 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 0.64% of the company’s stock.

Hedge Funds Weigh In On Kimberly-Clark

Several large investors have recently modified their holdings of the stock. SageView Advisory Group LLC lifted its holdings in Kimberly-Clark by 4.5% during the 4th quarter. SageView Advisory Group LLC now owns 1,706 shares of the company’s stock worth $224,000 after buying an additional 74 shares during the last quarter. Cornerstone Wealth Management LLC lifted its stake in Kimberly-Clark by 1.9% during the first quarter. Cornerstone Wealth Management LLC now owns 4,056 shares of the company’s stock worth $577,000 after purchasing an additional 74 shares during the last quarter. Tudor Financial Inc. lifted its stake in Kimberly-Clark by 3.8% during the first quarter. Tudor Financial Inc. now owns 2,042 shares of the company’s stock worth $290,000 after purchasing an additional 75 shares during the last quarter. Park National Corp OH boosted its holdings in Kimberly-Clark by 2.6% in the first quarter. Park National Corp OH now owns 3,031 shares of the company’s stock worth $431,000 after purchasing an additional 77 shares during the period. Finally, OneDigital Investment Advisors LLC increased its stake in Kimberly-Clark by 0.5% during the fourth quarter. OneDigital Investment Advisors LLC now owns 14,559 shares of the company’s stock valued at $1,908,000 after purchasing an additional 78 shares during the last quarter. Institutional investors own 76.29% of the company’s stock.

About Kimberly-Clark

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.