Kimberly-Clark Corporation (NYSE:KMB) has been given a $157.00 price objective by analysts at Goldman Sachs Group, Inc. (The) in a research report issued on Monday. The firm presently has a “buy” rating on the stock. Goldman Sachs Group, Inc. (The)’s price objective points to a potential upside of 20.57% from the company’s current price.

A number of other research analysts have also commented on the company. Berenberg Bank began coverage on Kimberly-Clark Corporation in a research report on Friday, June 9th. They set a “hold” rating and a $136.00 price target for the company. Jefferies Group LLC reaffirmed a “hold” rating and set a $133.00 price target on shares of Kimberly-Clark Corporation in a research report on Wednesday, May 31st. TheStreet raised Kimberly-Clark Corporation from a “c+” rating to an “a-” rating in a research report on Wednesday, April 26th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $121.00 price target on shares of Kimberly-Clark Corporation in a research report on Tuesday, April 25th. Finally, B. Riley reaffirmed a “neutral” rating and set a $128.00 price target on shares of Kimberly-Clark Corporation in a research report on Sunday, April 23rd. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and one has given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $134.62.

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

Shares of Kimberly-Clark Corporation (NYSE:KMB) traded up 1.62% during trading on Monday, hitting $132.32. The stock had a trading volume of 763,986 shares. The company has a market capitalization of $46.96 billion, a PE ratio of 21.83 and a beta of 0.79. Kimberly-Clark Corporation has a 52 week low of $111.30 and a 52 week high of $138.87. The firm has a 50-day moving average price of $128.78 and a 200 day moving average price of $125.64.

Kimberly-Clark Corporation (NYSE:KMB) last released its quarterly earnings results on Monday, April 24th. The company reported $1.57 EPS for the quarter, beating analysts’ consensus estimates of $1.54 by $0.03. The business had revenue of $4.48 billion during the quarter, compared to analyst estimates of $4.50 billion. Kimberly-Clark Corporation had a return on equity of 602.48% and a net margin of 11.99%. Kimberly-Clark Corporation’s quarterly revenue was up .2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.53 EPS. Equities analysts anticipate that Kimberly-Clark Corporation will post $6.28 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 5th. Investors of record on Friday, June 9th will be paid a $0.97 dividend. The ex-dividend date is Wednesday, June 7th. This represents a $3.88 annualized dividend and a dividend yield of 2.98%. Kimberly-Clark Corporation’s payout ratio is currently 64.13%.

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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 stock was sold at an average price of $128.11, for a total value of $2,576,035.88. Following the sale, the senior vice president now owns 23,543 shares in the company, valued at approximately $3,016,093.73. The transaction was disclosed in a document filed 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 stock was sold at an average price of $129.82, for a total value of $659,615.42. Following the completion of the sale, the senior vice president now owns 5,364 shares in the company, valued at approximately $696,354.48. The disclosure for this sale can be found here. Insiders sold a total of 32,267 shares of company stock worth $4,155,862 in the last 90 days. 0.56% of the stock is currently owned by company insiders.

Hedge funds have recently bought and sold shares of the company. Tortoise Investment Management LLC increased its stake in shares of Kimberly-Clark Corporation by 4.7% in the first quarter. Tortoise Investment Management LLC now owns 758 shares of the company’s stock valued at $100,000 after buying an additional 34 shares in the last quarter. Zions Bancorporation increased its stake in shares of Kimberly-Clark Corporation by 8.6% in the fourth quarter. Zions Bancorporation now owns 971 shares of the company’s stock valued at $110,000 after buying an additional 77 shares in the last quarter. Capital Analysts LLC increased its stake in shares of Kimberly-Clark Corporation by 25.2% in the fourth quarter. Capital Analysts LLC now owns 995 shares of the company’s stock valued at $114,000 after buying an additional 200 shares in the last quarter. Acrospire Investment Management LLC increased its stake in shares of Kimberly-Clark Corporation by 125.0% in the first quarter. Acrospire Investment Management LLC now owns 900 shares of the company’s stock valued at $118,000 after buying an additional 500 shares in the last quarter. Finally, Armbruster Capital Management Inc. increased its stake in shares of Kimberly-Clark Corporation by 38.5% in the first quarter. Armbruster Capital Management Inc. now owns 900 shares of the company’s stock valued at $118,000 after buying an additional 250 shares in the last quarter. Institutional investors own 70.05% of the company’s stock.

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.

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