Kimberly Clark Corp (NYSE:KMB)‘s stock had its “neutral” rating reaffirmed by B. Riley in a research report issued on Sunday, April 23rd. They currently have a $128.00 target price on the stock. B. Riley’s target price points to a potential upside of 0.72% from the company’s previous close.

A number of other equities research analysts have also recently weighed in on KMB. Barclays PLC set a $135.00 price target on shares of Kimberly Clark Corp and gave the company a “hold” rating in a research report on Saturday, February 18th. Vetr cut shares of Kimberly Clark Corp from a “buy” rating to a “hold” rating and set a $139.00 price target for the company. in a research report on Tuesday, April 18th. Zacks Investment Research raised shares of Kimberly Clark Corp from a “hold” rating to a “buy” rating and set a $148.00 price target for the company in a research report on Wednesday, April 12th. Royal Bank of Canada reissued a “hold” rating and issued a $121.00 price target on shares of Kimberly Clark Corp in a research report on Thursday, March 23rd. Finally, Jefferies Group LLC began coverage on shares of Kimberly Clark Corp in a research report on Tuesday, April 18th. They issued a “hold” rating and a $134.00 price target for the company. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and one has issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $133.50.

Analyst Recommendations for Kimberly Clark Corp (NYSE:KMB)

Kimberly Clark Corp (NYSE:KMB) traded down 0.09% during mid-day trading on Friday, reaching $127.08. The company’s stock had a trading volume of 1,102,578 shares. The company’s 50-day moving average price is $130.10 and its 200 day moving average price is $123.51. The firm has a market capitalization of $45.10 billion, a price-to-earnings ratio of 20.97 and a beta of 0.65. Kimberly Clark Corp has a 52 week low of $111.30 and a 52 week high of $138.87.

Kimberly Clark Corp (NYSE:KMB) last released its quarterly earnings data on Monday, April 24th. The company reported $1.57 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.54 by $0.03. The business had revenue of $4.48 billion during the quarter, compared to analysts’ expectations of $4.50 billion. Kimberly Clark Corp had a net margin of 11.90% and a return on equity of 614.22%. The company’s revenue for the quarter was up .2% on a year-over-year basis. During the same period in the previous year, the company earned $1.53 EPS. On average, equities analysts forecast that Kimberly Clark Corp will post $6.28 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 5th. Shareholders of record on Friday, June 9th will be issued a $0.97 dividend. This represents a $3.88 annualized dividend and a dividend yield of 3.05%. The ex-dividend date is Wednesday, June 7th. Kimberly Clark Corp’s dividend payout ratio (DPR) is presently 61.54%.

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In related news, SVP Thomas J. Mielke sold 20,108 shares of the company’s stock in a transaction that occurred on Tuesday, May 16th. The shares were sold at an average price of $128.11, for a total transaction of $2,576,035.88. Following the transaction, the senior vice president now owns 23,543 shares of the company’s stock, valued at $3,016,093.73. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Sandra Macquillan sold 5,081 shares of the company’s stock in a transaction that occurred on Monday, May 1st. The shares were sold at an average price of $129.82, for a total transaction of $659,615.42. Following the transaction, the senior vice president now directly owns 5,364 shares in the company, valued at approximately $696,354.48. The disclosure for this sale can be found here. 0.58% of the stock is owned by corporate insiders.

A number of institutional investors have recently bought and sold shares of the company. Berkshire Asset Management LLC PA increased its position in Kimberly Clark Corp by 4.3% in the third quarter. Berkshire Asset Management LLC PA now owns 61,159 shares of the company’s stock worth $7,715,000 after buying an additional 2,527 shares in the last quarter. Wagner Bowman Management Corp increased its position in Kimberly Clark Corp by 38.3% in the third quarter. Wagner Bowman Management Corp now owns 23,587 shares of the company’s stock worth $2,975,000 after buying an additional 6,532 shares in the last quarter. Benjamin F. Edwards & Company Inc. increased its position in Kimberly Clark Corp by 13.2% in the third quarter. Benjamin F. Edwards & Company Inc. now owns 3,113 shares of the company’s stock worth $393,000 after buying an additional 364 shares in the last quarter. California Public Employees Retirement System increased its position in Kimberly Clark Corp by 1.0% in the third quarter. California Public Employees Retirement System now owns 980,067 shares of the company’s stock worth $123,626,000 after buying an additional 9,900 shares in the last quarter. Finally, Roffman Miller Associates Inc. PA increased its position in Kimberly Clark Corp by 3.7% in the third quarter. Roffman Miller Associates Inc. PA now owns 35,810 shares of the company’s stock worth $4,517,000 after buying an additional 1,263 shares in the last quarter. 68.65% of the stock is currently owned by institutional investors.

About Kimberly Clark Corp

Kimberly-Clark Corporation is engaged in the manufacturing and marketing of a range of products made from natural or synthetic fibers. The Company’s segments include Personal Care, Consumer Tissue, K-C Professional and Corporate & Other. The Company’s Personal Care segment offers various solutions and products, such as disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products.

12 Month Chart for NYSE:KMB

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