Kimberly-Clark (NYSE:KMB) PT Raised to $132.00 at Deutsche Bank Aktiengesellschaft

Kimberly-Clark (NYSE:KMB) had its price objective hoisted by research analysts at Deutsche Bank Aktiengesellschaft from $127.00 to $132.00 in a report issued on Thursday, Benzinga reports. The firm presently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective would indicate a potential upside of 1.79% from the company’s current price.

Other equities analysts have also recently issued reports about the stock. JPMorgan Chase & Co. raised their target price on shares of Kimberly-Clark from $119.00 to $125.00 and gave the company an “underweight” rating in a research note on Thursday, January 18th. The Goldman Sachs Group assumed coverage on shares of Kimberly-Clark in a research note on Friday, March 1st. They issued a “buy” rating and a $135.00 target price for the company. HSBC lifted their price objective on shares of Kimberly-Clark from $134.00 to $146.00 and gave the company a “hold” rating in a research note on Thursday. StockNews.com cut shares of Kimberly-Clark from a “buy” rating to a “hold” rating in a research note on Tuesday. Finally, Piper Sandler boosted their target price on shares of Kimberly-Clark from $145.00 to $152.00 and gave the company an “overweight” rating in a research note on Thursday. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, Kimberly-Clark currently has a consensus rating of “Hold” and an average target price of $132.27.

Kimberly-Clark Stock Performance

Kimberly-Clark stock traded up $2.41 during mid-day trading on Thursday, reaching $129.68. The company’s stock had a trading volume of 1,881,460 shares, compared to its average volume of 2,106,414. The company has a debt-to-equity ratio of 6.94, a quick ratio of 0.54 and a current ratio of 0.82. The company has a market capitalization of $43.69 billion, a P/E ratio of 24.96, a PEG ratio of 3.96 and a beta of 0.40. The firm’s fifty day moving average price is $122.41 and its two-hundred day moving average price is $121.95. Kimberly-Clark has a 12-month low of $116.32 and a 12-month high of $147.87.

Kimberly-Clark (NYSE:KMB) last released its quarterly earnings data on Wednesday, January 24th. The company reported $1.51 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.53 by ($0.02). Kimberly-Clark had a net margin of 8.63% and a return on equity of 260.47%. The firm had revenue of $5 billion during the quarter, compared to analysts’ expectations of $4.99 billion. During the same quarter in the previous year, the firm posted $1.54 EPS. Kimberly-Clark’s revenue was up .7% compared to the same quarter last year. Sell-side analysts predict that Kimberly-Clark will post 6.83 EPS for the current fiscal year.

Insider Activity

In related news, insider Tristram Wilkinson sold 3,720 shares of the firm’s stock in a transaction dated Friday, January 26th. The stock was sold at an average price of $121.00, for a total transaction of $450,120.00. Following the completion of the transaction, the insider now owns 17,229 shares of the company’s stock, valued at $2,084,709. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related news, insider Tristram Wilkinson sold 3,720 shares of the firm’s stock in a transaction that occurred on Friday, January 26th. The stock was sold at an average price of $121.00, for a total value of $450,120.00. Following the transaction, the insider now directly owns 17,229 shares of the company’s stock, valued at approximately $2,084,709. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Mark T. Smucker bought 827 shares of the stock in a transaction on Monday, January 29th. The stock was acquired at an average cost of $120.98 per share, for a total transaction of $100,050.46. Following the acquisition, the director now directly owns 827 shares in the company, valued at $100,050.46. The disclosure for this purchase can be found here. Corporate insiders own 0.62% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in KMB. West Tower Group LLC bought a new stake in Kimberly-Clark in the second quarter valued at approximately $25,000. OFI Invest Asset Management acquired a new stake in shares of Kimberly-Clark in the 3rd quarter valued at about $25,000. DHJJ Financial Advisors Ltd. acquired a new position in Kimberly-Clark during the 3rd quarter valued at about $26,000. Cranbrook Wealth Management LLC lifted its stake in Kimberly-Clark by 90.9% in the fourth quarter. Cranbrook Wealth Management LLC now owns 210 shares of the company’s stock valued at $26,000 after purchasing an additional 100 shares during the last quarter. Finally, Centerpoint Advisors LLC lifted its position in shares of Kimberly-Clark by 175.0% during the third quarter. Centerpoint Advisors LLC now owns 275 shares of the company’s stock worth $33,000 after acquiring an additional 175 shares in the last quarter. 76.29% of the stock is owned by institutional investors and hedge funds.

Kimberly-Clark Company Profile

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.