Kimberly-Clark (KMB) Expected to Announce Earnings on Tuesday

Kimberly-Clark (NYSE:KMB - Get Free Report) is anticipated to post its quarterly earnings results before the market opens on Tuesday, April 22nd. Analysts expect Kimberly-Clark to post earnings of $1.91 per share and revenue of $4.90 billion for the quarter. Investors that are interested in participating in the company's conference call can do so using this link.

Kimberly-Clark (NYSE:KMB - Get Free Report) last released its quarterly earnings data on Tuesday, January 28th. The company reported $1.50 earnings per share for the quarter, meeting the consensus estimate of $1.50. Kimberly-Clark had a return on equity of 201.43% and a net margin of 12.69%. On average, analysts expect Kimberly-Clark to post $8 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Kimberly-Clark Stock Up 2.1 %

Kimberly-Clark stock traded up $2.98 during midday trading on Friday, hitting $142.68. 2,108,241 shares of the company's stock were exchanged, compared to its average volume of 2,131,823. The company has a debt-to-equity ratio of 7.05, a quick ratio of 0.54 and a current ratio of 0.80. The company has a market cap of $47.32 billion, a PE ratio of 18.90, a P/E/G ratio of 4.46 and a beta of 0.37. The firm has a 50-day moving average of $139.52 and a two-hundred day moving average of $135.71. Kimberly-Clark has a 12 month low of $124.10 and a 12 month high of $150.45.

Kimberly-Clark Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Friday, March 7th were paid a dividend of $1.26 per share. The ex-dividend date of this dividend was Friday, March 7th. This is an increase from Kimberly-Clark's previous quarterly dividend of $1.22. This represents a $5.04 dividend on an annualized basis and a dividend yield of 3.53%. Kimberly-Clark's dividend payout ratio (DPR) is currently 66.75%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. Citigroup lowered their target price on Kimberly-Clark from $125.00 to $118.00 and set a "sell" rating for the company in a report on Wednesday, January 15th. StockNews.com raised shares of Kimberly-Clark from a "hold" rating to a "buy" rating in a research report on Thursday, March 6th. UBS Group lifted their price objective on shares of Kimberly-Clark from $134.00 to $146.00 and gave the stock a "neutral" rating in a research report on Thursday. Barclays increased their target price on shares of Kimberly-Clark from $138.00 to $144.00 and gave the company an "equal weight" rating in a research report on Thursday, March 27th. Finally, Piper Sandler reaffirmed an "overweight" rating and set a $158.00 price target (down from $161.00) on shares of Kimberly-Clark in a research report on Wednesday, January 29th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have given a buy rating to the stock. According to MarketBeat, Kimberly-Clark has a consensus rating of "Hold" and a consensus target price of $146.31.

Insider Buying and Selling

In other Kimberly-Clark news, VP Andrew Drexler sold 10,838 shares of the company's stock in a transaction on Friday, February 28th. The shares were sold at an average price of $141.00, for a total value of $1,528,158.00. Following the sale, the vice president now directly owns 7,720 shares of the company's stock, valued at approximately $1,088,520. This represents a 58.40 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.64% of the company's stock.

Hedge Funds Weigh In On Kimberly-Clark

A hedge fund recently raised its stake in Kimberly-Clark stock. Brighton Jones LLC raised its stake in Kimberly-Clark Co. (NYSE:KMB - Free Report) by 74.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 6,494 shares of the company's stock after acquiring an additional 2,765 shares during the quarter. Brighton Jones LLC's holdings in Kimberly-Clark were worth $851,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 76.29% of the company's stock.

About Kimberly-Clark

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.