Shares of Kimberly-Clark Corporation (NYSE:KMB) have earned an average recommendation of “Hold” from the nineteen ratings firms that are covering the company, Marketbeat reports. Three equities research analysts have rated the stock with a sell recommendation, fourteen have given a hold recommendation and one has given a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $130.54.

Several analysts have commented on KMB shares. Jefferies Group LLC reaffirmed a “hold” rating and issued a $133.00 target price on shares of Kimberly-Clark Corporation in a research note on Wednesday, May 31st. Berenberg Bank started coverage on shares of Kimberly-Clark Corporation in a research note on Friday, June 9th. They issued a “hold” rating and a $136.00 target price for the company. Goldman Sachs Group, Inc. (The) set a $157.00 target price on shares of Kimberly-Clark Corporation and gave the stock a “buy” rating in a research note on Monday, June 19th. BidaskClub raised shares of Kimberly-Clark Corporation from a “hold” rating to a “buy” rating in a research note on Thursday, June 22nd. Finally, Citigroup Inc. set a $134.00 target price on shares of Kimberly-Clark Corporation and gave the stock a “sell” rating in a research note on Friday, July 7th.

Shares of Kimberly-Clark Corporation (NYSE:KMB) opened at 121.10 on Friday. Kimberly-Clark Corporation has a 52-week low of $111.30 and a 52-week high of $136.21. The stock has a market capitalization of $42.78 billion, a price-to-earnings ratio of 20.22 and a beta of 0.78. The stock has a 50 day moving average price of $121.55 and a 200-day moving average price of $127.86.

Kimberly-Clark Corporation (NYSE:KMB) last issued its quarterly earnings data on Tuesday, July 25th. The company reported $1.49 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $1.49. Kimberly-Clark Corporation had a net margin of 11.82% and a return on equity of 636.30%. The business had revenue of $4.55 billion during the quarter, compared to analysts’ expectations of $4.56 billion. During the same period last year, the company posted $1.53 EPS. The company’s revenue was down .7% on a year-over-year basis. On average, equities research analysts predict that Kimberly-Clark Corporation will post $6.21 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 3rd. Stockholders of record on Friday, September 8th will be given a $0.97 dividend. This represents a $3.88 annualized dividend and a dividend yield of 3.20%. The ex-dividend date is Thursday, September 7th. Kimberly-Clark Corporation’s payout ratio is currently 64.88%.

In related news, Director Robert W. Decherd bought 1,500 shares of the company’s stock in a transaction dated Thursday, August 3rd. The stock was bought at an average price of $122.21 per share, with a total value of $183,315.00. Following the transaction, the director now owns 43,444 shares of the company’s stock, valued at $5,309,291.24. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. 0.56% of the stock is currently owned by insiders.

Large investors have recently made changes to their positions in the stock. Tortoise Investment Management LLC grew its position in shares of Kimberly-Clark Corporation by 4.7% during the 1st quarter. Tortoise Investment Management LLC now owns 758 shares of the company’s stock valued at $100,000 after buying an additional 34 shares during the last quarter. Acrospire Investment Management LLC grew its position in Kimberly-Clark Corporation by 125.0% in the 1st quarter. Acrospire Investment Management LLC now owns 900 shares of the company’s stock worth $118,000 after purchasing an additional 500 shares during the last quarter. Armbruster Capital Management Inc. grew its position in Kimberly-Clark Corporation by 38.5% in the 1st quarter. Armbruster Capital Management Inc. now owns 900 shares of the company’s stock worth $118,000 after purchasing an additional 250 shares during the last quarter. Heritage Trust Co bought a new position in Kimberly-Clark Corporation in the 1st quarter worth about $118,000. Finally, V Wealth Management LLC bought a new position in Kimberly-Clark Corporation in the 2nd quarter worth about $123,000. 70.10% of the stock is owned by institutional investors and hedge funds.

WARNING: “Kimberly-Clark Corporation (KMB) Receives Average Rating of “Hold” from Analysts” was posted by Daily Political and is the property of of Daily Political. If you are reading this report on another domain, it was copied illegally and reposted in violation of United States & international copyright and trademark legislation. The original version of this report can be viewed at https://www.dailypolitical.com/2017/09/17/kimberly-clark-corporation-kmb-receives-average-rating-of-hold-from-analysts.html.

Kimberly-Clark Corporation Company Profile

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.

Analyst Recommendations for Kimberly-Clark Corporation (NYSE:KMB)

Receive News & Ratings for Kimberly-Clark Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kimberly-Clark Corporation and related companies with MarketBeat.com's FREE daily email newsletter.