The stock of Kimberly Clark Corp (NYSE:KMB) is a huge mover today! About 650,285 shares traded hands. Kimberly Clark Corp (NYSE:KMB) has declined 6.84% since March 3, 2016 and is downtrending. It has underperformed by 15.18% the S&P500.
The move comes after 9 months positive chart setup for the $44.31 billion company. It was reported on Oct, 6 by Barchart.com. We have $181.72 PT which if reached, will make NYSE:KMB worth $20.83B more.
Analysts await Kimberly Clark Corp (NYSE:KMB) to report earnings on October, 24. They expect $1.53 EPS, up 1.32% or $0.02 from last year’s $1.51 per share. KMB’s profit will be $548.41M for 20.20 P/E if the $1.53 EPS becomes a reality. After $1.53 actual EPS reported by Kimberly Clark Corp for the previous quarter, Wall Street now forecasts 0.00% EPS growth.
Kimberly Clark Corp (NYSE:KMB) Ratings Coverage
Out of 9 analysts covering Kimberly-Clark (NYSE:KMB), 3 rate it a “Buy”, 0 “Sell”, while 6 “Hold”. This means 33% are positive. Kimberly-Clark has been the topic of 15 analyst reports since July 21, 2015 according to StockzIntelligence Inc. Societe Generale initiated the shares of KMB in a report on Friday, August 21 with “Hold” rating. The firm has “Overweight” rating by Barclays Capital given on Monday, March 21. The stock of Kimberly Clark Corp (NYSE:KMB) has “Neutral” rating given on Tuesday, July 21 by Sterne Agee CRT. The firm has “Buy” rating given on Monday, December 14 by Goldman Sachs. The firm has “Buy” rating given on Tuesday, September 15 by Deutsche Bank. The stock of Kimberly Clark Corp (NYSE:KMB) has “Neutral” rating given on Wednesday, July 27 by Citigroup. On Friday, October 23 the stock rating was upgraded by Societe Generale to “Buy”. The firm has “Sector Perform” rating given on Thursday, October 22 by RBC Capital Markets. On Monday, April 25 the stock rating was downgraded by Deutsche Bank to “Hold”. As per Monday, October 26, the company rating was maintained by B. Riley & Co.
According to Zacks Investment Research, “Kimberly-Clark Corporation is one of the leading consumer products companies. Its global tissue, personal care and health care brands include Huggies, Pull-Ups, Kotex, Depend, Kleenex, Scott, Kimberly-Clark, Safeskin, Tecnol, Kimwipes and Wypall. Other brands well known outside the U.S. include Andrex, Scottex, Page, Popee and Kimbies. Kimberly-Clark also is a major producer of premium business, correspondence and technical papers. (Company Press Release)”
Insitutional Activity: The institutional sentiment increased to 0.9 in Q2 2016. Its up 0.07, from 0.83 in 2016Q1. The ratio is positive, as 63 funds sold all Kimberly Clark Corp shares owned while 445 reduced positions. 76 funds bought stakes while 383 increased positions. They now own 242.40 million shares or 5.05% less from 255.29 million shares in 2016Q1.
Retirement Of Alabama holds 0.15% of its portfolio in Kimberly Clark Corp (NYSE:KMB) for 183,599 shares. Azimuth Capital Management Ltd Liability Corporation holds 0.73% or 59,147 shares in its portfolio. Moreover, Menta has 0.18% invested in Kimberly Clark Corp (NYSE:KMB) for 9,660 shares. Moreover, Haverford Finance Services has 0.14% invested in Kimberly Clark Corp (NYSE:KMB) for 2,414 shares. Boston Family Office Lc last reported 0.24% of its portfolio in the stock. Caisse De Depot Et Placement Du Quebec owns 3.70M shares or 1.31% of their US portfolio. The California-based Rand Wealth Limited Liability Corp has invested 0.17% in Kimberly Clark Corp (NYSE:KMB). Willingdon Wealth last reported 13,463 shares in the company. Kcm Invest Advsr Limited Liability Company last reported 118,700 shares in the company. Moreover, Janus Cap Ltd has 0.61% invested in Kimberly Clark Corp (NYSE:KMB) for 5.20M shares. Baring Asset Mngmt holds 1,674 shares or 0.02% of its portfolio. Reynders Mcveigh Capital Management Ltd has 6,451 shares for 0.13% of their US portfolio. Gemmer Asset Limited Liability accumulated 396 shares or 0.03% of the stock. Brown Brothers Harriman has 0.03% invested in the company for 36,407 shares. Bahl And Gaynor last reported 817,021 shares in the company.
Insider Transactions: Since May 5, 2016, the stock had 0 insider buys, and 7 insider sales for $32.94 million net activity. The insider Gottung Lizanne C sold 12,407 shares worth $1.61M. 3,080 shares with value of $400,400 were sold by PALMER ANTHONY J. on Thursday, August 4. FALK THOMAS J sold $27.54M worth of stock. Shares for $392,632 were sold by Underhill Kimberly K. Shares for $1.52M were sold by Mielke Thomas J. on Monday, August 22. The insider MacQuillan Sandra sold $659,120.
More news for Kimberly Clark Corp (NYSE:KMB) were recently published by: Nasdaq.com, which released: “January 2019 Options Now Available For Kimberly-Clark Corp” on September 12, 2016. Forbes.com‘s article titled: “Kimberly-Clark Enters Oversold Territory (KMB)” and published on September 09, 2016 is yet another important article.
KMB Company Profile
Kimberly-Clark Corporation, incorporated on June 29, 1928, is engaged in the manufacturing and marketing of a range of products made from natural or synthetic fibers. The Firm operates through three divisions: Personal Care, Consumer Tissue and K-C Professional. The Firm sells its products to supermarkets, mass merchandisers, drugstores, warehouse clubs, variety and department stores, and other retail outlets. The Firm sells its products for away-from-home use through distributors and directly to manufacturing, lodging, office building, food service and public facilities. The Firm has manufacturing facilities in over 40 countries.
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