Kimberly-Clark Corporation (NYSE:KMB)‘s stock had its “hold” rating restated by analysts at Royal Bank Of Canada in a research report issued to clients and investors on Friday. They currently have a $121.00 target price on the stock. Royal Bank Of Canada’s price objective suggests a potential upside of 2.43% from the company’s previous close.

A number of other equities analysts also recently commented on the stock. Goldman Sachs Group, Inc. (The) set a $157.00 price objective on shares of Kimberly-Clark Corporation and gave the stock a “buy” rating in a report on Monday, June 19th. BidaskClub downgraded shares of Kimberly-Clark Corporation from a “hold” rating to a “sell” rating in a report on Tuesday, July 11th. Citigroup Inc. set a $132.00 price objective on shares of Kimberly-Clark Corporation and gave the stock a “hold” rating in a report on Wednesday, July 26th. Zacks Investment Research downgraded shares of Kimberly-Clark Corporation from a “hold” rating to a “sell” rating in a report on Friday, July 7th. Finally, UBS AG reaffirmed a “neutral” rating and issued a $119.00 price objective (down previously from $120.00) on shares of Kimberly-Clark Corporation in a report on Wednesday, July 26th. Three analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and one has issued a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $132.86.

Shares of Kimberly-Clark Corporation (NYSE KMB) opened at 118.13 on Friday. The firm has a market cap of $41.74 billion, a PE ratio of 19.72 and a beta of 0.78. The company’s 50-day moving average is $122.07 and its 200-day moving average is $128.35. 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 released its quarterly earnings data on Tuesday, July 25th. The company reported $1.49 EPS for the quarter, hitting analysts’ consensus estimates of $1.49. The firm had revenue of $4.55 billion during the quarter, compared to the consensus estimate of $4.56 billion. Kimberly-Clark Corporation had a net margin of 11.82% and a return on equity of 636.30%. The firm’s revenue was down .7% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.53 earnings per share. Analysts forecast that Kimberly-Clark Corporation will post $6.21 EPS for the current fiscal year.

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In other news, Director Robert W. Decherd purchased 1,500 shares of Kimberly-Clark Corporation 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 completion of the acquisition, the director now owns 43,444 shares in the company, valued at approximately $5,309,291.24. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.56% of the company’s stock.

Several hedge funds and other institutional investors have recently modified their holdings of KMB. Tortoise Investment Management LLC raised its stake in shares of Kimberly-Clark Corporation by 4.7% during the first quarter. Tortoise Investment Management LLC now owns 758 shares of the company’s stock valued at $100,000 after purchasing an additional 34 shares in the last quarter. Acrospire Investment Management LLC raised its stake in shares of Kimberly-Clark Corporation by 125.0% during the first quarter. Acrospire Investment Management LLC now owns 900 shares of the company’s stock valued at $118,000 after purchasing an additional 500 shares in the last quarter. Armbruster Capital Management Inc. raised its stake in shares of Kimberly-Clark Corporation by 38.5% during the first quarter. Armbruster Capital Management Inc. now owns 900 shares of the company’s stock valued at $118,000 after purchasing an additional 250 shares in the last quarter. Heritage Trust Co bought a new stake in shares of Kimberly-Clark Corporation during the first quarter valued at about $118,000. Finally, V Wealth Management LLC bought a new stake in shares of Kimberly-Clark Corporation during the second quarter valued at about $123,000. Institutional investors and hedge funds own 70.10% 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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