Kimberly-Clark (NYSE:KMB) Stock Rating Lowered by StockNews.com

Kimberly-Clark (NYSE:KMB - Get Free Report) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating in a report released on Saturday.

Several other brokerages have also recently weighed in on KMB. Piper Sandler reiterated 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. Wells Fargo & Company cut their target price on shares of Kimberly-Clark from $140.00 to $130.00 and set an "equal weight" rating for the company in a research report on Tuesday, January 7th. Barclays decreased their price target on shares of Kimberly-Clark from $144.00 to $132.00 and set an "equal weight" rating on the stock in a research note on Friday, January 17th. JPMorgan Chase & Co. decreased their price objective on Kimberly-Clark from $140.00 to $124.00 and set an "underweight" rating on the stock in a report on Thursday, January 16th. Finally, Citigroup lowered their price objective on shares of Kimberly-Clark from $125.00 to $118.00 and set a "sell" rating for the company in a research note on Wednesday, January 15th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $143.64.

Kimberly-Clark Stock Performance

Shares of KMB stock traded up $1.56 during trading on Friday, reaching $134.23. 374,167 shares of the company's stock traded hands, compared to its average volume of 2,098,997. Kimberly-Clark has a 1 year low of $118.62 and a 1 year high of $149.30. The company has a market capitalization of $44.76 billion, a P/E ratio of 17.78, a PEG ratio of 4.12 and a beta of 0.41. The company has a current ratio of 0.80, a quick ratio of 0.54 and a debt-to-equity ratio of 7.05. The firm's 50-day moving average is $129.84 and its 200 day moving average is $136.49.

Kimberly-Clark (NYSE:KMB - Get Free Report) last posted its quarterly earnings results on Tuesday, January 28th. The company reported $1.50 EPS for the quarter, hitting analysts' consensus estimates of $1.50. Kimberly-Clark had a return on equity of 201.43% and a net margin of 12.69%. Equities research analysts expect that Kimberly-Clark will post 7.51 EPS for the current year.

Insiders Place Their Bets

In other Kimberly-Clark news, VP Andrew Drexler sold 3,000 shares of the company's stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $139.01, for a total value of $417,030.00. Following the sale, the vice president now owns 5,053 shares in the company, valued at approximately $702,417.53. This represents a 37.25 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 0.62% of the stock is owned by insiders.

Institutional Investors Weigh In On Kimberly-Clark

A number of institutional investors have recently added to or reduced their stakes in the stock. Creative Planning increased its stake in shares of Kimberly-Clark by 1.3% in the 3rd quarter. Creative Planning now owns 75,147 shares of the company's stock worth $10,692,000 after acquiring an additional 943 shares during the last quarter. Cornerstone Wealth Management LLC grew its stake in shares of Kimberly-Clark by 6.0% in the third quarter. Cornerstone Wealth Management LLC now owns 3,337 shares of the company's stock worth $475,000 after acquiring an additional 188 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd raised its position in Kimberly-Clark by 1.0% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 36,300 shares of the company's stock valued at $5,165,000 after purchasing an additional 359 shares in the last quarter. V Square Quantitative Management LLC raised its holdings in Kimberly-Clark by 9.6% in the third quarter. V Square Quantitative Management LLC now owns 7,083 shares of the company's stock valued at $1,008,000 after acquiring an additional 620 shares in the last quarter. Finally, Stonegate Investment Group LLC lifted its position in shares of Kimberly-Clark by 46.1% during the 3rd quarter. Stonegate Investment Group LLC now owns 3,818 shares of the company's stock worth $543,000 after purchasing an additional 1,204 shares during the last quarter. Institutional investors and hedge funds own 76.29% of the company's stock.

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.