Kimberly-Clark Co. (NYSE:KMB) Insider Sells $61,398.96 in Stock

Kimberly-Clark Co. (NYSE:KMB) insider Katy Chen sold 454 shares of the firm’s stock in a transaction that occurred on Friday, April 26th. The shares were sold at an average price of $135.24, for a total value of $61,398.96. Following the completion of the transaction, the insider now directly owns 520 shares of the company’s stock, valued at $70,324.80. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Kimberly-Clark Trading Up 0.4 %

Kimberly-Clark stock traded up $0.60 during midday trading on Tuesday, reaching $136.53. The stock had a trading volume of 2,873,717 shares, compared to its average volume of 2,238,398. Kimberly-Clark Co. has a twelve month low of $116.32 and a twelve month high of $147.02. The stock has a market capitalization of $45.97 billion, a PE ratio of 25.10, a price-to-earnings-growth ratio of 3.85 and a beta of 0.40. The company has a debt-to-equity ratio of 6.05, a quick ratio of 0.54 and a current ratio of 0.81. The stock’s 50-day simple moving average is $126.22 and its 200 day simple moving average is $123.03.

Kimberly-Clark (NYSE:KMB) last issued its quarterly earnings data on Tuesday, April 23rd. The company reported $2.01 EPS for the quarter, topping analysts’ consensus estimates of $1.61 by $0.40. The company had revenue of $5.15 billion for the quarter, compared to analysts’ expectations of $5.08 billion. Kimberly-Clark had a return on equity of 250.28% and a net margin of 9.05%. The firm’s quarterly revenue was down .9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.67 earnings per share. Analysts expect that Kimberly-Clark Co. will post 7 EPS for the current year.

Analyst Ratings Changes

Several research firms recently weighed in on KMB. JPMorgan Chase & Co. raised their price objective on Kimberly-Clark from $115.00 to $123.00 and gave the company an “underweight” rating in a research note on Wednesday, April 24th. Royal Bank of Canada raised their price target on Kimberly-Clark from $123.00 to $126.00 and gave the stock a “sector perform” rating in a research report on Wednesday, April 24th. Evercore ISI raised Kimberly-Clark from an “in-line” rating to an “outperform” rating and raised their price target for the stock from $133.00 to $150.00 in a research report on Thursday, March 28th. Wells Fargo & Company raised their price target on Kimberly-Clark from $131.00 to $136.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 24th. Finally, HSBC raised their price target on Kimberly-Clark from $146.00 to $150.00 and gave the stock a “hold” rating in a research report on Wednesday, April 24th. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $134.85.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Rise Advisors LLC lifted its stake in shares of Kimberly-Clark by 926.3% during the first quarter. Rise Advisors LLC now owns 195 shares of the company’s stock worth $25,000 after purchasing an additional 176 shares in the last quarter. Accordant Advisory Group Inc purchased a new stake in shares of Kimberly-Clark during the first quarter worth about $27,000. Cranbrook Wealth Management LLC increased its position in shares of Kimberly-Clark by 90.9% during the fourth quarter. Cranbrook Wealth Management LLC now owns 210 shares of the company’s stock worth $26,000 after acquiring an additional 100 shares during the last quarter. OFI Invest Asset Management purchased a new position in shares of Kimberly-Clark during the 3rd quarter valued at approximately $25,000. Finally, Centerpoint Advisors LLC grew its position in shares of Kimberly-Clark by 175.0% during the third quarter. Centerpoint Advisors LLC now owns 275 shares of the company’s stock worth $33,000 after buying an additional 175 shares in 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.