Kimberly Clark (NYSE:KMB) was upgraded by research analysts at Macquarie from a “neutral” rating to an “outperform” rating in a report issued on Tuesday, The Fly reports.

A number of other research firms have also recently issued reports on KMB. ValuEngine upgraded Kimberly Clark from a “hold” rating to a “buy” rating in a report on Tuesday. Zacks Investment Research cut Kimberly Clark from a “buy” rating to a “hold” rating in a report on Thursday, April 18th. Wells Fargo & Co boosted their price objective on Kimberly Clark from $105.00 to $115.00 and gave the company a “market perform” rating in a report on Tuesday, April 16th. Morgan Stanley boosted their price objective on Kimberly Clark from $113.00 to $124.00 and gave the company an “equal weight” rating in a report on Tuesday, February 12th. Finally, BNP Paribas assumed coverage on Kimberly Clark in a report on Monday, February 11th. They set an “outperform” rating and a $130.00 price objective for the company. Four investment analysts have rated the stock with a sell rating, ten have issued a hold rating and five have given a buy rating to the stock. Kimberly Clark presently has an average rating of “Hold” and an average target price of $114.88.

NYSE KMB opened at $130.25 on Tuesday. The company has a market cap of $42.51 billion, a PE ratio of 19.70, a P/E/G ratio of 3.39 and a beta of 0.60. The company has a debt-to-equity ratio of 51.24, a quick ratio of 0.49 and a current ratio of 0.77. Kimberly Clark has a fifty-two week low of $97.10 and a fifty-two week high of $132.47.

Kimberly Clark (NYSE:KMB) last posted its quarterly earnings data on Monday, April 22nd. The company reported $1.66 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.54 by $0.12. Kimberly Clark had a return on equity of 1,156.45% and a net margin of 7.63%. The company had revenue of $4.63 billion during the quarter, compared to analysts’ expectations of $4.55 billion. During the same quarter in the previous year, the business earned $1.71 EPS. Kimberly Clark’s revenue was down 2.1% compared to the same quarter last year. On average, equities analysts expect that Kimberly Clark will post 6.59 earnings per share for the current year.

In related news, insider Anthony J. Palmer sold 6,122 shares of the company’s stock in a transaction on Friday, February 8th. The stock was sold at an average price of $115.11, for a total transaction of $704,703.42. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.85% of the company’s stock.

Several hedge funds and other institutional investors have recently modified their holdings of KMB. Oregon Public Employees Retirement Fund lifted its stake in shares of Kimberly Clark by 11,155.0% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 4,310,008 shares of the company’s stock worth $38,000 after purchasing an additional 4,271,714 shares during the last quarter. Norges Bank purchased a new stake in shares of Kimberly Clark during the 4th quarter worth $337,207,000. Ronna Sue Cohen lifted its stake in shares of Kimberly Clark by 11,510.0% during the 1st quarter. Ronna Sue Cohen now owns 1,730,936 shares of the company’s stock worth $1,731,000 after purchasing an additional 1,716,027 shares during the last quarter. Morgan Stanley lifted its stake in shares of Kimberly Clark by 50.8% during the 3rd quarter. Morgan Stanley now owns 4,738,469 shares of the company’s stock worth $538,482,000 after purchasing an additional 1,595,818 shares during the last quarter. Finally, Victory Capital Management Inc. lifted its stake in shares of Kimberly Clark by 1,023.2% during the 4th quarter. Victory Capital Management Inc. now owns 1,429,049 shares of the company’s stock worth $162,826,000 after purchasing an additional 1,301,816 shares during the last quarter. Hedge funds and other institutional investors own 73.34% of the company’s stock.

Kimberly Clark Company Profile

Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care, consumer tissue, and professional products worldwide. It operates through three segments: Personal Care, Consumer Tissue, and K-C Professional. The Personal Care segment offers disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products under the Huggies, Pull-Ups, Little Swimmers, GoodNites, DryNites, Kotex, U by Kotex, Intimus, Depend, Plenitud, Poise, and other brand names.

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Analyst Recommendations for Kimberly Clark (NYSE:KMB)

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