Radnor Capital Management LLC Has $493,000 Position in Kimberly-Clark Co. (NYSE:KMB)

Radnor Capital Management LLC cut its holdings in Kimberly-Clark Co. (NYSE:KMB) by 6.6% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,811 shares of the company’s stock after selling 270 shares during the quarter. Radnor Capital Management LLC’s holdings in Kimberly-Clark were worth $493,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Sequoia Financial Advisors LLC boosted its holdings in Kimberly-Clark by 204.0% in the fourth quarter. Sequoia Financial Advisors LLC now owns 20,575 shares of the company’s stock worth $2,500,000 after purchasing an additional 13,806 shares in the last quarter. Virtu Financial LLC raised its stake in shares of Kimberly-Clark by 506.8% in the 4th quarter. Virtu Financial LLC now owns 12,955 shares of the company’s stock valued at $1,574,000 after acquiring an additional 10,820 shares in the last quarter. Compagnie Lombard Odier SCmA acquired a new stake in Kimberly-Clark in the 4th quarter worth approximately $4,253,000. Nixon Peabody Trust Co. bought a new stake in Kimberly-Clark during the fourth quarter worth approximately $1,081,000. Finally, Rockline Wealth Management LLC acquired a new position in Kimberly-Clark during the fourth quarter valued at approximately $1,661,000. 76.29% of the stock is owned by institutional investors.

Insider Buying and Selling at Kimberly-Clark

In other Kimberly-Clark news, insider Paula Ramos sold 10,178 shares of Kimberly-Clark 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 directly owns 795 shares of the company’s stock, valued at $109,050.15. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, VP Andrew Drexler sold 2,500 shares of Kimberly-Clark stock in a transaction that occurred on Wednesday, May 1st. The shares were sold at an average price of $136.83, for a total value of $342,075.00. Following the completion of the transaction, the vice president now owns 8,053 shares in the company, valued at $1,101,891.99. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Paula Ramos sold 10,178 shares of Kimberly-Clark stock in a transaction that occurred on Wednesday, April 24th. The shares were sold at an average price of $137.17, for a total transaction of $1,396,116.26. Following the completion of the transaction, the insider now owns 795 shares of the company’s stock, valued at approximately $109,050.15. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 24,395 shares of company stock valued at $3,332,776. 0.62% of the stock is currently owned by corporate insiders.

Kimberly-Clark Price Performance

NYSE:KMB opened at $140.97 on Monday. The company has a debt-to-equity ratio of 6.05, a quick ratio of 0.54 and a current ratio of 0.81. The company has a 50-day moving average of $134.54 and a 200-day moving average of $126.95. Kimberly-Clark Co. has a 52 week low of $116.32 and a 52 week high of $142.20. The company has a market capitalization of $47.47 billion, a price-to-earnings ratio of 25.64, a PEG ratio of 3.16 and a beta of 0.38.

Kimberly-Clark (NYSE:KMB) last released its quarterly earnings data on Tuesday, April 23rd. The company reported $2.01 earnings per share for the quarter, beating analysts’ consensus estimates of $1.61 by $0.40. The company had revenue of $5.15 billion for the quarter, compared to the consensus estimate of $5.08 billion. Kimberly-Clark had a return on equity of 250.28% and a net margin of 9.05%. The company’s quarterly revenue was down .9% on a year-over-year basis. During the same period in the previous year, the business earned $1.67 earnings per share. As a group, equities research analysts anticipate that Kimberly-Clark Co. will post 7.06 earnings per share for the current fiscal year.

Kimberly-Clark Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 2nd. Shareholders of record on Friday, June 7th will be issued a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a yield of 3.46%. The ex-dividend date is Friday, June 7th. Kimberly-Clark’s payout ratio is 89.71%.

Analyst Ratings Changes

KMB has been the subject of several recent analyst reports. HSBC upped their price objective on shares of Kimberly-Clark from $146.00 to $150.00 and gave the stock a “hold” rating in a report on Wednesday, April 24th. StockNews.com upgraded shares of Kimberly-Clark from a “buy” rating to a “strong-buy” rating in a report on Monday, June 10th. Evercore ISI raised 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 increased their target price on Kimberly-Clark from $127.00 to $132.00 and gave the company a “hold” rating in a research note on Thursday, March 28th. Finally, Piper Sandler upped their price target on Kimberly-Clark from $145.00 to $152.00 and gave the stock an “overweight” rating in a report on Thursday, March 28th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $141.64.

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.