Morgan Stanley Cuts Kimberly-Clark (NASDAQ:KMB) Price Target to $125.00

Kimberly-Clark (NASDAQ:KMB) had its price target cut by Morgan Stanley from $144.00 to $125.00 in a research report released on Tuesday, MarketBeat.com reports. They currently have an equal weight rating on the stock.

Other research analysts also recently issued reports about the company. Royal Bank Of Canada restated an “overweight” rating and issued a $162.00 price target on shares of Kimberly-Clark in a research note on Tuesday, October 28th. TD Cowen lowered their target price on shares of Kimberly-Clark from $135.00 to $130.00 and set a “hold” rating on the stock in a report on Friday, October 31st. Cowen reaffirmed a “hold” rating on shares of Kimberly-Clark in a research note on Tuesday. Barclays set a $132.00 price target on shares of Kimberly-Clark in a research note on Monday. Finally, Weiss Ratings assumed coverage on Kimberly-Clark in a research report on Thursday, October 30th. They set a “hold (c+)” rating for the company. Two investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $129.80.

Kimberly-Clark Price Performance

Shares of NASDAQ:KMB opened at $100.77 on Tuesday. The company has a market capitalization of $33.44 billion, a P/E ratio of 13.88, a P/E/G ratio of 3.67 and a beta of 0.26. Kimberly-Clark has a 1-year low of $99.22 and a 1-year high of $150.45. The firm’s 50 day simple moving average is $121.61 and its two-hundred day simple moving average is $128.93. The company has a debt-to-equity ratio of 4.61, a current ratio of 0.77 and a quick ratio of 0.56.

Kimberly-Clark (NASDAQ:KMB) last issued its quarterly earnings results on Thursday, October 30th. The company reported $1.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.45 by $0.37. The business had revenue of $4.15 billion during the quarter, compared to analyst estimates of $4.14 billion. Kimberly-Clark had a return on equity of 184.87% and a net margin of 12.87%.Kimberly-Clark’s revenue for the quarter was up .1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.83 EPS. Research analysts expect that Kimberly-Clark will post 7.5 EPS for the current fiscal year.

Institutional Investors Weigh In On Kimberly-Clark

Several institutional investors have recently made changes to their positions in KMB. Financial Network Wealth Advisors LLC raised its position in Kimberly-Clark by 176.1% in the 1st quarter. Financial Network Wealth Advisors LLC now owns 196 shares of the company’s stock worth $28,000 after purchasing an additional 125 shares during the period. Investment Research & Advisory Group Inc. bought a new position in shares of Kimberly-Clark during the second quarter valued at approximately $25,000. Cloud Capital Management LLC purchased a new stake in shares of Kimberly-Clark in the third quarter worth approximately $25,000. Princeton Global Asset Management LLC raised its holdings in shares of Kimberly-Clark by 989.5% in the second quarter. Princeton Global Asset Management LLC now owns 207 shares of the company’s stock worth $27,000 after buying an additional 188 shares during the period. Finally, Winnow Wealth LLC bought a new stake in shares of Kimberly-Clark during the 2nd quarter worth approximately $27,000. Institutional investors 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.