Kimberly-Clark Corporation (NYSE:KMB) has been given a consensus rating of “Hold” by the seventeen research firms that are currently covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, twelve have issued a hold recommendation and two have given a buy recommendation to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $125.75.

Several analysts have recently issued reports on the stock. Zacks Investment Research raised shares of Kimberly-Clark from a “sell” rating to a “hold” rating in a research report on Thursday, November 2nd. Bank of America dropped their price target on shares of Kimberly-Clark from $123.00 to $120.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 24th. Wells Fargo & Company lowered their target price on shares of Kimberly-Clark from $121.00 to $117.00 and set a “market perform” rating on the stock in a research report on Tuesday, October 24th. Societe Generale upgraded shares of Kimberly-Clark from a “hold” rating to a “buy” rating and raised their target price for the stock from $112.05 to $144.00 in a research report on Thursday, November 2nd. Finally, Citigroup lowered their target price on shares of Kimberly-Clark from $125.00 to $124.00 and set a “neutral” rating on the stock in a research report on Friday, October 27th.

A number of hedge funds have recently bought and sold shares of the business. Burgundy Asset Management Ltd. grew its holdings in shares of Kimberly-Clark by 0.4% during the third quarter. Burgundy Asset Management Ltd. now owns 471,621 shares of the company’s stock worth $55,500,000 after buying an additional 2,049 shares in the last quarter. Chicago Partners Investment Group LLC grew its holdings in shares of Kimberly-Clark by 375.0% during the third quarter. Chicago Partners Investment Group LLC now owns 1,900 shares of the company’s stock worth $224,000 after buying an additional 1,500 shares in the last quarter. Steward Partners Investment Advisory LLC acquired a new position in Kimberly-Clark during the third quarter valued at approximately $1,922,000. Smith Shellnut Wilson LLC ADV acquired a new position in Kimberly-Clark during the third quarter valued at approximately $287,000. Finally, Archford Capital Strategies LLC boosted its position in Kimberly-Clark by 7.6% during the third quarter. Archford Capital Strategies LLC now owns 13,344 shares of the company’s stock valued at $1,570,000 after purchasing an additional 947 shares during the last quarter. Hedge funds and other institutional investors own 71.60% of the company’s stock.

Kimberly-Clark (KMB) opened at $120.08 on Friday. The company has a debt-to-equity ratio of 14.17, a current ratio of 0.97 and a quick ratio of 0.64. Kimberly-Clark has a 1 year low of $109.67 and a 1 year high of $136.21. The firm has a market cap of $41,950.00, a PE ratio of 19.21, a P/E/G ratio of 3.05 and a beta of 0.74.

Kimberly-Clark (NYSE:KMB) last announced its quarterly earnings data on Monday, October 23rd. The company reported $1.60 EPS for the quarter, beating the consensus estimate of $1.54 by $0.06. Kimberly-Clark had a net margin of 11.89% and a return on equity of 666.97%. The business had revenue of $4.64 billion during the quarter, compared to analysts’ expectations of $4.65 billion. During the same period in the previous year, the business posted $1.52 EPS. The business’s quarterly revenue was up 1.0% compared to the same quarter last year. equities analysts expect that Kimberly-Clark will post 6.2 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 3rd. Shareholders of record on Friday, December 8th will be issued a $0.97 dividend. This represents a $3.88 annualized dividend and a yield of 3.23%. The ex-dividend date is Thursday, December 7th. Kimberly-Clark’s dividend payout ratio (DPR) is 64.03%.

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About Kimberly-Clark

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 (NYSE:KMB)

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