Kimberly-Clark (NYSE:KMB) rating downgraded to underperforming at Sanford C. Bernstein


Kimberly Clark (NYSE: KMB) was downgraded by stock analysts Sanford C. Bernstein from a “market performance” rating to an “underperformance” rating in a research note released Wednesday to investors, reports. They currently have a price target of $126.00 on the stock. Sanford C. Bernstein’s price target suggests a potential decline of 8.20% from the current stock price.

Other research analysts have also recently published research reports on the company. Wells Fargo & Company cut its price target on Kimberly-Clark from $145.00 to $140.00 and set an “equal weight” rating on the stock in a Thursday, January 27 research note. Barclays lowered its price target on Kimberly-Clark shares from $148.00 to $127.00 and set an “equal weight” rating for the company in a Friday, January 28 report. Deutsche Bank Aktiengesellschaft cut its price target on Kimberly-Clark shares from $137.00 to $130.00 and set a “hold” rating for the company in a Tuesday, Oct. 26 report. Goldman Sachs Group raised its price target on Kimberly-Clark from $125.00 to $142.00 and gave the stock a “neutral” rating in a Tuesday, January 11 report. Finally, Berenberg Bank cut Kimberly-Clark shares from a “buy” rating to a “hold” rating and lowered its price target for the stock from $164.00 to $127.00 in a report research on Tuesday, October 26. Four equity research analysts gave the stock a sell rating, eleven gave the company a hold rating and one gave the company a buy rating. According to, the stock has an average rating of “Hold” and an average target price of $134.38.

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Kimberly-Clark shares opened at $137.26 on Wednesday. The company has a current ratio of 0.82, a quick ratio of 0.49 and a debt ratio of 11.05. The company has a market capitalization of $46.22 billion, a P/E ratio of 25.61, a P/E/G ratio of 4.66 and a beta of 0.51. The stock’s fifty-day moving average price is $139.30 and its 200-day moving average price is $136.33. Kimberly-Clark has a 12 month low of $125.27 and a 12 month high of $145.79.

Kimberly-Clark (NYSE:KMB) last announced its quarterly results on Tuesday, January 25. The company reported EPS of $1.30 for the quarter, beating Thomson Reuters consensus estimate of $1.24 by $0.06. Kimberly-Clark had a return on equity of 284.26% and a net margin of 9.33%. The company posted revenue of $5 billion for the quarter, against analyst estimates of $4.90 billion. In the same quarter a year earlier, the company posted EPS of $1.69. The company’s quarterly revenue increased 3.4% year over year. Analysts expect Kimberly-Clark to post earnings per share of 5.91 for the current year.

Separately, director Todd Maclin acquired 2,000 shares in a trade on Thursday, January 27. The shares were acquired at an average cost of $136.01 per share, for a total transaction of $272,020.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available on the SEC’s website. 0.47% of the shares are held by insiders.

Several institutional investors and hedge funds have recently changed their KMB holdings. OLD Mission Capital LLC purchased a new stake in Kimberly-Clark stock during the third quarter at a value of $5,671,000. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its stake in Kimberly-Clark shares by 12.4% in the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 62,693 shares of the company worth $8,387,000 after acquiring an additional 6,901 shares during the period. Dimensional Fund Advisors LP increased its holdings of Kimberly-Clark shares by 0.3% during the second quarter. Dimensional Fund Advisors LP now owns 916,523 shares of the company valued at $122,605,000 after purchasing an additional 2,354 shares in the last quarter. XTX Topco Ltd bought a new position in Kimberly-Clark during the second quarter worth approximately $262,000. Finally, the Public Sector Pension Investment Board increased its position in Kimberly-Clark by 40.5% in the second quarter. The Public Sector Pension Investment Board now owns 52,896 shares of the company worth $7,076,000 after purchasing an additional 15,254 shares during the period. 72.68% of the shares are currently held by hedge funds and other institutional investors.

Kimberly-Clark Company Profile

Kimberly-Clark Corp. is dedicated to the manufacture and marketing of products made from natural or synthetic fibers. It operates through the following segments: Personal Care, Consumer Paper and KC Professional (KCP). The Personal Care segment offers disposable diapers, training and youth pants, swim pants, baby wipes, feminine care and incontinence products and other related products.

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Analyst Recommendations for Kimberly-Clark (NYSE: KMB)

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