Kimberly-Clark Corporation (NYSE:KMB)‘s stock had its “neutral” rating reiterated by equities research analysts at Citigroup Inc. in a report released on Friday, Marketbeat.com reports. They presently have a $131.00 price target on the stock, down from their prior price target of $132.00. Citigroup Inc.’s price objective suggests a potential upside of 8.59% from the stock’s current price.

KMB has been the topic of a number of other reports. B. Riley reiterated a “neutral” rating and set a $128.00 price target on shares of Kimberly-Clark Corporation in a research note on Sunday, April 23rd. BidaskClub upgraded shares of Kimberly-Clark Corporation from a “hold” rating to a “buy” rating in a research note on Thursday, June 22nd. Goldman Sachs Group, Inc. (The) set a $157.00 price target on shares of Kimberly-Clark Corporation and gave the stock a “buy” rating in a research note on Monday, June 19th. Jefferies Group LLC assumed coverage on shares of Kimberly-Clark Corporation in a research report on Tuesday, April 18th. They set a “hold” rating and a $134.00 target price on the stock. Finally, UBS AG restated a “neutral” rating and set a $119.00 target price (down from $120.00) on shares of Kimberly-Clark Corporation in a research report on Wednesday, July 26th. Four investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and one has issued a buy rating to the stock. Kimberly-Clark Corporation presently has a consensus rating of “Hold” and a consensus target price of $133.07.

Shares of Kimberly-Clark Corporation (NYSE KMB) traded up 0.7163% during midday trading on Friday, reaching $121.5041. The company’s stock had a trading volume of 94,959 shares. The company has a 50 day moving average of $125.09 and a 200-day moving average of $128.50. The stock has a market capitalization of $42.93 billion, a price-to-earnings ratio of 20.2879 and a beta of 0.76. Kimberly-Clark Corporation has a 52 week low of $111.30 and a 52 week high of $136.21.

Kimberly-Clark Corporation (NYSE:KMB) last issued its quarterly earnings results on Tuesday, July 25th. The company reported $1.49 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $4.56 billion. During the same period in the previous year, the business posted $1.53 earnings per share. The business’s revenue was down .7% compared to the same quarter last year. Equities research analysts predict that Kimberly-Clark Corporation will post $6.21 earnings per share for the current year.

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In other news, SVP Thomas J. Mielke sold 20,108 shares of the stock in a transaction that occurred on Tuesday, May 16th. The shares were 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 directly owns 23,543 shares in the company, valued at $3,016,093.73. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Sergio Cruz sold 7,078 shares of the stock in a transaction that occurred on Wednesday, May 31st. The shares were sold at an average price of $130.01, for a total transaction of $920,210.78. Following the completion of the sale, the insider now owns 4,910 shares in the company, valued at $638,349.10. The disclosure for this sale can be found here. 0.56% of the stock is owned by corporate insiders.

Several hedge funds have recently added to or reduced their stakes in KMB. Macquarie Group Ltd. raised its stake in Kimberly-Clark Corporation by 16.8% in the fourth quarter. Macquarie Group Ltd. now owns 121,083 shares of the company’s stock valued at $13,818,000 after buying an additional 17,400 shares in the last quarter. GW&K Investment Management LLC raised its stake in Kimberly-Clark Corporation by 3.0% in the first quarter. GW&K Investment Management LLC now owns 7,509 shares of the company’s stock valued at $988,000 after buying an additional 217 shares in the last quarter. National Pension Service raised its stake in Kimberly-Clark Corporation by 4.0% in the first quarter. National Pension Service now owns 254,293 shares of the company’s stock valued at $33,628,000 after buying an additional 9,760 shares in the last quarter. Univest Corp of Pennsylvania raised its stake in Kimberly-Clark Corporation by 2.6% in the first quarter. Univest Corp of Pennsylvania now owns 27,751 shares of the company’s stock valued at $3,653,000 after buying an additional 696 shares in the last quarter. Finally, Pennsylvania Trust Co raised its stake in Kimberly-Clark Corporation by 2.1% in the first quarter. Pennsylvania Trust Co now owns 34,005 shares of the company’s stock valued at $4,476,000 after buying an additional 700 shares in the last quarter. Institutional investors and hedge funds own 70.15% of the company’s stock.

About Kimberly-Clark Corporation

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)

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