UBS AG restated their neutral rating on shares of Kimberly-Clark Corporation (NYSE:KMB) in a research note issued to investors on Wednesday morning, www.analystratings.com reports. They currently have a $119.00 price objective on the stock, down from their previous price objective of $120.00.

KMB has been the topic of a number of other research reports. B. Riley reissued a neutral rating and issued a $128.00 target price on shares of Kimberly-Clark Corporation in a report on Sunday, April 23rd. BidaskClub raised shares of Kimberly-Clark Corporation from a hold rating to a buy rating in a report on Thursday, June 22nd. Goldman Sachs Group, Inc. (The) set a $157.00 target price on shares of Kimberly-Clark Corporation and gave the stock a buy rating in a report on Monday, June 19th. Jefferies Group LLC assumed coverage on shares of Kimberly-Clark Corporation in a report on Tuesday, April 18th. They issued a hold rating and a $134.00 target price on the stock. Finally, Berenberg Bank assumed coverage on shares of Kimberly-Clark Corporation in a report on Friday, June 9th. They issued a hold rating and a $136.00 target price on the stock. Four analysts have rated the stock with a sell rating, twelve have given a hold rating and one has issued a buy rating to the company. The stock has an average rating of Hold and an average price target of $133.14.

Kimberly-Clark Corporation (NYSE KMB) traded down 1.42% during mid-day trading on Wednesday, hitting $122.45. The stock had a trading volume of 2,226,822 shares. The company has a 50 day moving average price of $127.72 and a 200 day moving average price of $128.16. The stock has a market cap of $43.26 billion, a P/E ratio of 20.45 and a beta of 0.78. Kimberly-Clark Corporation has a one year low of $111.30 and a one year high of $136.21.

Kimberly-Clark Corporation (NYSE:KMB) last issued its quarterly earnings results on Tuesday, July 25th. The company reported $1.49 EPS for the quarter, hitting the consensus estimate of $1.49. Kimberly-Clark Corporation had a net margin of 11.82% and a return on equity of 636.30%. The business had revenue of $4.55 billion for the quarter, compared to analysts’ expectations of $4.56 billion. During the same quarter last year, the company posted $1.53 earnings per share. The company’s quarterly revenue was down .7% compared to the same quarter last year. On average, equities analysts anticipate that Kimberly-Clark Corporation will post $6.21 EPS for the current year.

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In other Kimberly-Clark Corporation news, SVP Thomas J. Mielke sold 20,108 shares of the firm’s stock in a transaction that occurred on Tuesday, May 16th. The shares were sold at an average price of $128.11, for a total value of $2,576,035.88. Following the sale, the senior vice president now owns 23,543 shares in the company, valued at $3,016,093.73. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Sandra Macquillan sold 5,081 shares of the firm’s stock in a transaction that occurred on Monday, May 1st. The shares were sold at an average price of $129.82, for a total transaction of $659,615.42. Following the completion of the sale, the senior vice president now owns 5,364 shares in the company, valued at approximately $696,354.48. The disclosure for this sale can be found here. Insiders sold 32,267 shares of company stock worth $4,155,862 in the last 90 days. 0.56% of the stock is owned by company insiders.

Several large investors have recently made changes to their positions in the stock. Tortoise Investment Management LLC raised 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 raised 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. raised 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 bought a new position in Kimberly-Clark Corporation during the first quarter worth approximately $118,000. Finally, V Wealth Management LLC bought a new position in Kimberly-Clark Corporation during the second quarter worth approximately $123,000. 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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