Citigroup Inc. set a $132.00 price target on Kimberly-Clark Corporation (NYSE:KMB) in a report issued on Wednesday. The brokerage currently has a hold rating on the stock.

Several other research firms have also recently issued reports on KMB. Vetr cut Kimberly-Clark Corporation from a buy rating to a hold rating and set a $139.00 price objective on the stock. in a report on Tuesday, April 18th. Jefferies Group LLC began coverage on Kimberly-Clark Corporation in a report on Tuesday, April 18th. They set a hold rating and a $134.00 target price on the stock. Zacks Investment Research cut Kimberly-Clark Corporation from a buy rating to a hold rating in a report on Thursday, April 13th. TheStreet upgraded Kimberly-Clark Corporation from a c+ rating to an a- rating in a report on Wednesday, April 26th. Finally, BidaskClub upgraded Kimberly-Clark Corporation from a hold rating to a buy rating in a report on Thursday, June 22nd. Four investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and one has issued a buy rating to the company. Kimberly-Clark Corporation has an average rating of Hold and an average price target of $133.14.

Shares of Kimberly-Clark Corporation (NYSE:KMB) traded down 1.42% during trading on Wednesday, reaching $122.45. The company had a trading volume of 2,226,822 shares. The company has a market capitalization of $43.26 billion, a PE ratio of 20.45 and a beta of 0.78. The stock’s 50-day moving average price is $127.72 and its 200-day moving average price is $128.16. 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 posted its quarterly earnings data on Tuesday, July 25th. The company reported $1.49 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.49. Kimberly-Clark Corporation had a return on equity of 636.30% and a net margin of 11.82%. The company had revenue of $4.55 billion for the quarter, compared to analysts’ expectations of $4.56 billion. During the same period in the previous year, the firm posted $1.53 EPS. Kimberly-Clark Corporation’s revenue was down .7% compared to the same quarter last year. On average, equities analysts expect that Kimberly-Clark Corporation will post $6.21 EPS for the current fiscal year.

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In related news, SVP Thomas J. Mielke sold 20,108 shares of the company’s stock in a transaction that occurred on Tuesday, May 16th. The stock was sold at an average price of $128.11, for a total value of $2,576,035.88. Following the transaction, 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 legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Sergio Cruz sold 7,078 shares of the company’s stock in a transaction that occurred on Wednesday, May 31st. The shares were sold at an average price of $130.01, for a total value of $920,210.78. Following the completion of the transaction, the insider now owns 4,910 shares in the company, valued at $638,349.10. The disclosure for this sale can be found here. Insiders sold 32,267 shares of company stock worth $4,155,862 over the last quarter. 0.56% of the stock is currently owned by insiders.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in KMB. Tortoise Investment Management LLC boosted its position in Kimberly-Clark Corporation by 4.7% in the first quarter. Tortoise Investment Management LLC now owns 758 shares of the company’s stock worth $100,000 after buying an additional 34 shares in the last quarter. Acrospire Investment Management LLC boosted its position in Kimberly-Clark Corporation by 125.0% in the first quarter. Acrospire Investment Management LLC now owns 900 shares of the company’s stock worth $118,000 after buying an additional 500 shares in the last quarter. Armbruster Capital Management Inc. boosted its position in Kimberly-Clark Corporation by 38.5% in the first quarter. Armbruster Capital Management Inc. now owns 900 shares of the company’s stock worth $118,000 after buying an additional 250 shares in the last quarter. Heritage Trust Co acquired a new position in Kimberly-Clark Corporation during the first quarter worth approximately $118,000. Finally, V Wealth Management LLC acquired a new position in Kimberly-Clark Corporation during the second quarter worth approximately $123,000. Hedge funds and other institutional investors own 70.11% 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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