Kimberly-Clark (NASDAQ:KMB – Get Free Report) had its price objective cut by Bank of America from $130.00 to $120.00 in a report released on Friday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. Bank of America‘s price objective would indicate a potential upside of 23.36% from the company’s previous close.
A number of other research analysts have also recently weighed in on KMB. Citigroup cut their price objective on shares of Kimberly-Clark from $95.00 to $90.00 and set a “sell” rating on the stock in a research report on Wednesday, January 14th. Barclays set a $102.00 target price on shares of Kimberly-Clark in a research note on Friday, January 16th. UBS Group lowered their target price on shares of Kimberly-Clark from $110.00 to $105.00 and set a “neutral” rating for the company in a research note on Tuesday, April 7th. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Kimberly-Clark from $110.00 to $109.00 and set a “hold” rating for the company in a research note on Monday, March 30th. Finally, Wells Fargo & Company lowered their target price on shares of Kimberly-Clark from $110.00 to $100.00 and set an “equal weight” rating for the company in a research note on Wednesday. Four analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Kimberly-Clark presently has an average rating of “Hold” and an average target price of $115.07.
Read Our Latest Analysis on KMB
Kimberly-Clark Trading Down 0.7%
Kimberly-Clark (NASDAQ:KMB – Get Free Report) last posted its quarterly earnings data on Tuesday, January 27th. The company reported $1.86 earnings per share for the quarter, beating analysts’ consensus estimates of $1.81 by $0.05. Kimberly-Clark had a net margin of 11.73% and a return on equity of 170.48%. The business had revenue of $4.08 billion for the quarter, compared to analysts’ expectations of $4.11 billion. During the same quarter in the previous year, the business posted $1.50 earnings per share. The business’s revenue was down .6% compared to the same quarter last year. As a group, analysts anticipate that Kimberly-Clark will post 7.5 earnings per share for the current year.
Insiders Place Their Bets
In related news, VP Andrew Scribner sold 3,049 shares of the company’s stock in a transaction dated Thursday, February 5th. The shares were sold at an average price of $104.29, for a total value of $317,980.21. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.75% of the stock is currently owned by company insiders.
Institutional Trading of Kimberly-Clark
A number of hedge funds have recently added to or reduced their stakes in KMB. Brighton Jones LLC lifted its stake in Kimberly-Clark by 74.1% in the fourth quarter. Brighton Jones LLC now owns 6,494 shares of the company’s stock worth $851,000 after acquiring an additional 2,765 shares during the period. Daiwa Securities Group Inc. lifted its stake in Kimberly-Clark by 4.4% in the second quarter. Daiwa Securities Group Inc. now owns 53,589 shares of the company’s stock worth $6,909,000 after acquiring an additional 2,259 shares during the period. CIBC Asset Management Inc lifted its stake in Kimberly-Clark by 19.2% in the second quarter. CIBC Asset Management Inc now owns 192,793 shares of the company’s stock worth $24,855,000 after acquiring an additional 31,003 shares during the period. The Manufacturers Life Insurance Company lifted its stake in Kimberly-Clark by 7.3% in the second quarter. The Manufacturers Life Insurance Company now owns 363,919 shares of the company’s stock worth $46,923,000 after acquiring an additional 24,698 shares during the period. Finally, Glenview Trust co lifted its stake in Kimberly-Clark by 2.4% in the second quarter. Glenview Trust co now owns 25,282 shares of the company’s stock worth $3,259,000 after acquiring an additional 597 shares during the period. 76.29% of the stock is owned by hedge funds and other institutional investors.
Trending Headlines about Kimberly-Clark
Here are the key news stories impacting Kimberly-Clark this week:
- Positive Sentiment: Bank of America cut its price target to $120 but kept a “Buy” rating, signaling continued confidence in upside despite a lower target. Benzinga: BofA price target
- Positive Sentiment: Street fair‑value estimates were nudged higher — a refresh to about $116.79 from $114.46 — suggesting some analysts are giving more credit for execution, cost management and hedging progress. How Kimberly Clark Investors Are Reframing The Story On Costs Sentiment And Fair Value
- Positive Sentiment: Kotex launched an art‑forward campaign to confront menstrual taboos — a brand/marketing initiative that can help premium positioning and e‑commerce engagement over time. Kotex campaign
- Neutral Sentiment: Analyst and media pieces are revisiting valuation: some lists include KMB among potentially undervalued names, while valuation deep‑dives note weak recent shareholder returns — these keep KMB in investors’ screens but don’t change the near‑term ops picture. 3 Stocks Possibly Undervalued Assessing Kimberly‑Clark Valuation
- Neutral Sentiment: ResearchAndMarkets published a digital‑transformation company profile highlighting e‑commerce and tech initiatives that could aid long‑term distribution and margin improvement, but this is a longer‑horizon positive. Digital transformation report
- Neutral Sentiment: Short‑interest data for April shows anomalous/zero values (likely a reporting glitch), so there is no clear short‑squeeze signal at present.
- Negative Sentiment: A major fire at the Ontario, CA distribution plant — with reported arson allegations — increases near‑term supply‑chain risk, potential repair/insurance costs and reputational/legal uncertainty; this is the most immediate negative driver for the stock. Ontario plant fire and arson Company comments on fire
- Negative Sentiment: Separate coverage of a California toilet‑paper warehouse destroyed by fire raises additional short‑term fulfillment concerns for core categories (TMs, toilet paper). Warehouse fire impact
- Negative Sentiment: Wells Fargo trimmed its target to $100 (from $110) and kept an Equal‑Weight call, citing inflation‑driven margin pressure — reinforcing analyst caution on near‑term margins. Wells Fargo target trimmed
Kimberly-Clark Company Profile
Kimberly-Clark Corporation is a U.S.-based multinational manufacturer of personal care and consumer tissue products. The company develops, produces and markets a range of consumer brands and professional products, including facial and bathroom tissues, disposable diapers and training pants, feminine care, incontinence products and workplace hygiene solutions. Known for consumer-facing names such as Kleenex, Huggies, Kotex, Cottonelle and Scott, as well as professional offerings under Kimberly-Clark Professional and KleenGuard, the company supplies goods to retail, healthcare and institutional customers.
Founded in 1872 in Neenah, Wisconsin, Kimberly-Clark has expanded from its 19th-century paper-making roots into a global household and workplace products company.
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