Radnor Capital Management LLC Trims Position in Kimberly-Clark Co. (NYSE:KMB)

Radnor Capital Management LLC lowered its holdings in Kimberly-Clark Co. (NYSE:KMB) by 44.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 3,811 shares of the company’s stock after selling 3,100 shares during the period. Radnor Capital Management LLC’s holdings in Kimberly-Clark were worth $499,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Acropolis Investment Management LLC grew its holdings in Kimberly-Clark by 4.2% in the 4th quarter. Acropolis Investment Management LLC now owns 11,516 shares of the company’s stock valued at $1,509,000 after buying an additional 466 shares during the period. Park Avenue Securities LLC grew its holdings in Kimberly-Clark by 77.4% in the fourth quarter. Park Avenue Securities LLC now owns 13,786 shares of the company’s stock valued at $1,807,000 after purchasing an additional 6,016 shares during the period. Assenagon Asset Management S.A. increased its position in Kimberly-Clark by 1,427.4% during the fourth quarter. Assenagon Asset Management S.A. now owns 589,771 shares of the company’s stock worth $77,284,000 after purchasing an additional 551,158 shares during the last quarter. Board of the Pension Protection Fund purchased a new position in Kimberly-Clark during the fourth quarter worth approximately $930,000. Finally, Rockland Trust Co. boosted its holdings in shares of Kimberly-Clark by 0.4% in the 4th quarter. Rockland Trust Co. now owns 75,338 shares of the company’s stock valued at $9,872,000 after purchasing an additional 301 shares during the last quarter. 76.29% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on KMB. TD Cowen lowered Kimberly-Clark from a “buy” rating to a “hold” rating and set a $145.00 target price on the stock. in a research report on Wednesday, January 8th. UBS Group cut their price objective on Kimberly-Clark from $153.00 to $151.00 and set a “neutral” rating on the stock in a report on Wednesday, October 23rd. Wells Fargo & Company decreased their target price on Kimberly-Clark from $140.00 to $130.00 and set an “equal weight” rating for the company in a report on Tuesday, January 7th. Deutsche Bank Aktiengesellschaft raised their price target on shares of Kimberly-Clark from $146.00 to $147.00 and gave the company a “hold” rating in a report on Tuesday, October 8th. Finally, Piper Sandler decreased their price objective on shares of Kimberly-Clark from $175.00 to $161.00 and set an “overweight” rating for the company in a research note on Monday, January 6th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $147.07.

Kimberly-Clark Stock Performance

Kimberly-Clark stock opened at $125.60 on Thursday. Kimberly-Clark Co. has a 12-month low of $117.67 and a 12-month high of $149.30. The company has a debt-to-equity ratio of 4.77, a current ratio of 0.83 and a quick ratio of 0.55. The company has a market capitalization of $41.89 billion, a price-to-earnings ratio of 16.29, a price-to-earnings-growth ratio of 2.76 and a beta of 0.41. The firm’s fifty day moving average price is $132.77 and its 200 day moving average price is $138.22.

Kimberly-Clark (NYSE:KMB) last announced its earnings results on Tuesday, October 22nd. The company reported $1.83 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.69 by $0.14. The business had revenue of $4.95 billion for the quarter, compared to analyst estimates of $5.06 billion. Kimberly-Clark had a return on equity of 198.59% and a net margin of 12.97%. The company’s revenue for the quarter was down 3.5% compared to the same quarter last year. During the same period in the previous year, the company earned $1.74 earnings per share. On average, research analysts forecast that Kimberly-Clark Co. will post 7.27 EPS for the current fiscal year.

Kimberly-Clark Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 3rd. Stockholders of record on Friday, December 6th were paid a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a dividend yield of 3.89%. The ex-dividend date was Friday, December 6th. Kimberly-Clark’s dividend payout ratio (DPR) is currently 63.29%.

Insider Transactions at Kimberly-Clark

In other Kimberly-Clark news, VP Andrew Drexler sold 3,000 shares of the stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $139.01, for a total transaction of $417,030.00. Following the transaction, the vice president now directly owns 5,053 shares in the company, valued at $702,417.53. This represents a 37.25 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 0.62% of the company’s stock.

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.