Kimberly-Clark Co. (NYSE:KMB) Insider Sells $1,396,116.26 in Stock

Kimberly-Clark Co. (NYSE:KMB) insider Paula Ramos sold 10,178 shares of Kimberly-Clark stock in a transaction that occurred on Wednesday, April 24th. The shares were sold at an average price of $137.17, for a total transaction of $1,396,116.26. Following the transaction, the insider now directly owns 795 shares in the company, valued at approximately $109,050.15. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Kimberly-Clark Trading Down 0.9 %

KMB opened at $135.24 on Friday. Kimberly-Clark Co. has a 12 month low of $116.32 and a 12 month high of $147.09. The company has a current ratio of 0.81, a quick ratio of 0.54 and a debt-to-equity ratio of 6.05. The stock has a 50-day moving average of $125.86 and a 200 day moving average of $122.87. The firm has a market cap of $45.54 billion, a P/E ratio of 24.86, a P/E/G ratio of 4.05 and a beta of 0.40.

Kimberly-Clark (NYSE:KMB) last released its earnings results on Tuesday, April 23rd. The company reported $2.01 earnings per share for the quarter, beating the consensus estimate of $1.61 by $0.40. The firm had revenue of $5.15 billion for the quarter, compared to the consensus estimate of $5.08 billion. Kimberly-Clark had a return on equity of 250.28% and a net margin of 9.05%. The company’s revenue for the quarter was down .9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.67 EPS. As a group, research analysts forecast that Kimberly-Clark Co. will post 6.92 EPS for the current year.

Institutional Investors Weigh In On Kimberly-Clark

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Charles Schwab Investment Management Inc. grew its holdings in Kimberly-Clark by 2.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 7,191,478 shares of the company’s stock valued at $869,090,000 after purchasing an additional 177,712 shares during the last quarter. American Century Companies Inc. grew its stake in shares of Kimberly-Clark by 14.7% during the third quarter. American Century Companies Inc. now owns 4,996,401 shares of the company’s stock valued at $603,815,000 after buying an additional 641,187 shares during the last quarter. Morgan Stanley raised its holdings in shares of Kimberly-Clark by 4.6% in the third quarter. Morgan Stanley now owns 4,884,941 shares of the company’s stock worth $590,345,000 after buying an additional 212,739 shares during the period. Northern Trust Corp lifted its stake in shares of Kimberly-Clark by 4.0% during the 3rd quarter. Northern Trust Corp now owns 4,051,719 shares of the company’s stock worth $489,650,000 after acquiring an additional 155,066 shares during the last quarter. Finally, Norges Bank bought a new stake in shares of Kimberly-Clark during the 4th quarter worth approximately $437,420,000. Hedge funds and other institutional investors own 76.29% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. The Goldman Sachs Group upped their target price on shares of Kimberly-Clark from $135.00 to $152.00 and gave the stock a “buy” rating in a report on Wednesday. HSBC boosted their price target on Kimberly-Clark from $146.00 to $150.00 and gave the stock a “hold” rating in a report on Wednesday. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Kimberly-Clark from $127.00 to $132.00 and gave the company a “hold” rating in a research report on Thursday, March 28th. Wells Fargo & Company upped their target price on shares of Kimberly-Clark from $131.00 to $136.00 and gave the stock an “equal weight” rating in a research report on Wednesday. Finally, Piper Sandler boosted their price target on shares of Kimberly-Clark from $145.00 to $152.00 and gave the stock an “overweight” rating in a research note on Thursday, March 28th. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $134.85.

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.