Radnor Capital Management LLC Sells 270 Shares of Kimberly-Clark Co. (NYSE:KMB)

Radnor Capital Management LLC reduced its holdings in shares of Kimberly-Clark Co. (NYSE:KMB) by 6.6% in the 1st quarter, according to the company in its most recent 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 reporting period.

Several other institutional investors and hedge funds have also modified their holdings of KMB. First National Bank of Mount Dora Trust Investment Services raised 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 purchasing an additional 82 shares during the last quarter. Chicago Partners Investment Group LLC raised its position in shares of Kimberly-Clark by 2.2% during the fourth quarter. Chicago Partners Investment Group LLC now owns 3,860 shares of the company’s stock worth $456,000 after acquiring an additional 84 shares during the last quarter. Jones Financial Companies Lllp raised its position in shares of Kimberly-Clark by 5.3% during the fourth quarter. Jones Financial Companies Lllp now owns 1,745 shares of the company’s stock worth $212,000 after acquiring an additional 88 shares during the last quarter. Emerald Advisors LLC raised its position in shares of Kimberly-Clark by 4.7% during the fourth quarter. Emerald Advisors LLC now owns 2,016 shares of the company’s stock worth $245,000 after acquiring an additional 90 shares during the last quarter. Finally, Security National Bank of SO Dak raised its position in shares of Kimberly-Clark by 1.2% during the fourth quarter. Security National Bank of SO Dak now owns 7,770 shares of the company’s stock worth $944,000 after acquiring an additional 90 shares during the last quarter. 76.29% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

KMB has been the subject of a number of analyst reports. Royal Bank of Canada restated an “outperform” rating and set a $165.00 price objective on shares of Kimberly-Clark in a research report on Tuesday, June 18th. The Goldman Sachs Group raised their target price on Kimberly-Clark from $135.00 to $152.00 and gave the stock a “buy” rating in a research note on Wednesday, April 24th. Evercore ISI raised Kimberly-Clark from an “in-line” rating to an “outperform” rating and raised their target price for the stock from $133.00 to $150.00 in a research note on Thursday, March 28th. Citigroup raised their target price on Kimberly-Clark from $111.00 to $125.00 and gave the stock a “sell” rating in a research note on Wednesday, April 24th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on Kimberly-Clark from $127.00 to $132.00 and gave the stock a “hold” rating in a research note on Thursday, March 28th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $141.64.

Insider Activity at Kimberly-Clark

In related news, insider Katy Chen sold 454 shares of Kimberly-Clark stock in a transaction that occurred on Friday, April 26th. The stock was sold at an average price of $135.24, for a total transaction of $61,398.96. Following the transaction, the insider now owns 520 shares of the company’s stock, valued at $70,324.80. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In related news, insider Katy Chen sold 454 shares of Kimberly-Clark stock in a transaction on Friday, April 26th. The stock was sold at an average price of $135.24, for a total transaction of $61,398.96. Following the sale, the insider now directly owns 520 shares in the company, valued at $70,324.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Andrew Drexler sold 2,500 shares of Kimberly-Clark stock in a transaction on Wednesday, May 1st. The stock was sold at an average price of $136.83, for a total value of $342,075.00. Following the sale, the vice president now owns 8,053 shares in the company, valued at $1,101,891.99. The disclosure for this sale can be found here. Insiders have sold a total of 24,395 shares of company stock valued at $3,332,776 over the last 90 days. Insiders own 0.62% of the company’s stock.

Kimberly-Clark Trading Up 1.1 %

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

Kimberly-Clark (NYSE:KMB) last announced its earnings results on Tuesday, April 23rd. The company reported $2.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.61 by $0.40. The company had revenue of $5.15 billion for the quarter, compared to analysts’ expectations of $5.08 billion. Kimberly-Clark had a return on equity of 250.28% and a net margin of 9.05%. Kimberly-Clark’s quarterly revenue was down .9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.67 earnings per share. As a group, equities 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 announced a quarterly dividend, which will be paid on Tuesday, July 2nd. Investors of record on Friday, June 7th will be given a dividend of $1.22 per share. The ex-dividend date is Friday, June 7th. This represents a $4.88 annualized dividend and a dividend yield of 3.46%. Kimberly-Clark’s payout ratio is 89.71%.

Kimberly-Clark 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.