Kimberly-Clark Co. (NYSE:KMB) Insider Paula Ramos Sells 10,178 Shares

Kimberly-Clark Co. (NYSE:KMB) insider Paula Ramos sold 10,178 shares of the business’s stock in a transaction that occurred on Wednesday, April 24th. The stock was sold at an average price of $137.17, for a total transaction of $1,396,116.26. Following the sale, the insider now owns 795 shares of the company’s stock, valued at approximately $109,050.15. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Kimberly-Clark Price Performance

Shares of NYSE:KMB traded up $1.74 on Wednesday, reaching $137.78. 3,551,330 shares of the company were exchanged, compared to its average volume of 2,222,973. The company has a current ratio of 0.82, a quick ratio of 0.54 and a debt-to-equity ratio of 6.94. Kimberly-Clark Co. has a 1-year low of $116.32 and a 1-year high of $147.87. The firm has a market cap of $46.42 billion, a price-to-earnings ratio of 26.46, a price-to-earnings-growth ratio of 3.83 and a beta of 0.40. The company has a 50-day moving average of $124.78 and a 200-day moving average of $122.55.

Kimberly-Clark (NYSE:KMB) last posted its quarterly earnings results on Tuesday, April 23rd. The company reported $2.01 earnings per share for the quarter, topping analysts’ consensus estimates of $1.61 by $0.40. The business had revenue of $5.15 billion for the quarter, compared to analysts’ expectations of $5.08 billion. Kimberly-Clark had a net margin of 8.63% and a return on equity of 260.47%. The business’s revenue for the quarter was down .9% on a year-over-year basis. During the same period in the prior year, the company posted $1.67 EPS. Equities analysts forecast that Kimberly-Clark Co. will post 6.84 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in KMB. Essex Financial Services Inc. increased its position in Kimberly-Clark by 2.1% during the 1st quarter. Essex Financial Services Inc. now owns 3,923 shares of the company’s stock worth $507,000 after purchasing an additional 82 shares in the last quarter. First National Bank of Mount Dora Trust Investment Services grew its position in Kimberly-Clark by 1.7% in the first quarter. First National Bank of Mount Dora Trust Investment Services now owns 4,817 shares of the company’s stock valued at $623,000 after acquiring an additional 82 shares in the last quarter. Chicago Partners Investment Group LLC grew its position in Kimberly-Clark by 2.2% in the fourth quarter. Chicago Partners Investment Group LLC now owns 3,860 shares of the company’s stock valued at $456,000 after acquiring an additional 84 shares in the last quarter. Jones Financial Companies Lllp grew its position in Kimberly-Clark by 5.3% in the fourth quarter. Jones Financial Companies Lllp now owns 1,745 shares of the company’s stock valued at $212,000 after acquiring an additional 88 shares in the last quarter. Finally, Core Wealth Partners LLC grew its position in shares of Kimberly-Clark by 3.6% during the first quarter. Core Wealth Partners LLC now owns 2,547 shares of the company’s stock worth $329,000 after buying an additional 88 shares in the last quarter. 76.29% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. Evercore ISI upgraded shares of Kimberly-Clark from an “in-line” rating to an “outperform” rating and boosted their price objective for the stock from $133.00 to $150.00 in a research report on Thursday, March 28th. Deutsche Bank Aktiengesellschaft upped their price target on shares of Kimberly-Clark from $127.00 to $132.00 and gave the company a “hold” rating in a research report on Thursday, March 28th. Barclays upped their price target on shares of Kimberly-Clark from $124.00 to $132.00 and gave the company an “equal weight” rating in a research report on Friday, April 12th. The Goldman Sachs Group upped their price target on shares of Kimberly-Clark from $135.00 to $152.00 and gave the company a “buy” rating in a research report on Wednesday. Finally, UBS Group upped their price target on shares of Kimberly-Clark from $135.00 to $138.00 and gave the company a “neutral” rating in a research report on Wednesday. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $135.21.

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.