Kimberly-Clark (NYSE:KMB)’s share price reached a new 52-week high and low on Monday . The company traded as low as $98.31 and last traded at $98.75, with a volume of 4508542 shares changing hands. The stock had previously closed at $100.03.
A number of equities analysts recently weighed in on KMB shares. Zacks Investment Research upgraded shares of Kimberly-Clark from a “hold” rating to a “buy” rating and set a $134.00 price objective on the stock in a research report on Wednesday, January 10th. Citigroup set a $112.00 target price on shares of Kimberly-Clark and gave the stock a “sell” rating in a research report on Wednesday, January 24th. Barclays set a $119.00 target price on shares of Kimberly-Clark and gave the stock a “hold” rating in a research report on Thursday, March 15th. Finally, Wells Fargo decreased their target price on shares of Kimberly-Clark from $117.00 to $108.00 and set a “market perform” rating on the stock in a research report on Thursday. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and two have given a buy rating to the company’s stock. Kimberly-Clark currently has a consensus rating of “Hold” and a consensus target price of $123.07.
The company has a debt-to-equity ratio of 7.34, a quick ratio of 0.58 and a current ratio of 0.89. The stock has a market capitalization of $35,081.15, a P/E ratio of 15.75, a PEG ratio of 1.92 and a beta of 0.66.
Kimberly-Clark (NYSE:KMB) last released its quarterly earnings data on Monday, April 23rd. The company reported $1.71 EPS for the quarter, hitting the consensus estimate of $1.71. Kimberly-Clark had a net margin of 12.48% and a return on equity of 427.79%. The business had revenue of $4.73 billion for the quarter, compared to analyst estimates of $4.60 billion. During the same period in the previous year, the firm earned $1.57 EPS. The business’s revenue for the quarter was up 5.0% compared to the same quarter last year. analysts expect that Kimberly-Clark will post 6.96 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 3rd. Investors of record on Friday, March 9th were given a $1.00 dividend. The ex-dividend date of this dividend was Thursday, March 8th. This is a positive change from Kimberly-Clark’s previous quarterly dividend of $0.97. This represents a $4.00 annualized dividend and a dividend yield of 4.06%. Kimberly-Clark’s payout ratio is currently 64.21%.
In related news, insider Kimberly K. Underhill sold 23,158 shares of the business’s stock in a transaction dated Monday, January 29th. The shares were sold at an average price of $119.77, for a total value of $2,773,633.66. Following the sale, the insider now directly owns 31,141 shares in the company, valued at approximately $3,729,757.57. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.64% of the stock is owned by insiders.
Several institutional investors have recently added to or reduced their stakes in KMB. American International Group Inc. boosted its position in shares of Kimberly-Clark by 2,507.7% in the 4th quarter. American International Group Inc. now owns 4,397,893 shares of the company’s stock worth $530,650,000 after buying an additional 4,229,240 shares in the last quarter. BlackRock Inc. raised its stake in Kimberly-Clark by 4.9% in the 4th quarter. BlackRock Inc. now owns 25,795,326 shares of the company’s stock valued at $3,112,464,000 after purchasing an additional 1,212,672 shares during the last quarter. Two Sigma Advisers LP raised its stake in Kimberly-Clark by 94.1% in the 4th quarter. Two Sigma Advisers LP now owns 2,050,420 shares of the company’s stock valued at $247,404,000 after purchasing an additional 993,961 shares during the last quarter. Amundi Pioneer Asset Management Inc. acquired a new position in Kimberly-Clark in the 4th quarter valued at about $117,456,000. Finally, Stifel Financial Corp raised its stake in Kimberly-Clark by 29,110.9% in the 3rd quarter. Stifel Financial Corp now owns 778,470 shares of the company’s stock valued at $91,647,000 after purchasing an additional 775,805 shares during the last quarter. Institutional investors and hedge funds own 74.57% of the company’s stock.
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Kimberly-Clark Corp. is engaged in the manufacturing and marketing of products made from natural or synthetic fibers. It operates through the following segments: Personal Care, Consumer Tissue, and K-C Professional. The Personal Care segment manufactures and markets disposable diapers, training and youth pants, swim pants, baby wipes, feminine and incontinence care products, and other related products.
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