Kimberly-Clark Co. (NYSE:KMB) Shares Sold by Radnor Capital Management LLC

Radnor Capital Management LLC trimmed its holdings in Kimberly-Clark Co. (NYSE:KMB - Free Report) by 44.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,811 shares of the company's stock after selling 3,100 shares during the quarter. Radnor Capital Management LLC's holdings in Kimberly-Clark were worth $499,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. State Street Corp lifted its position in shares of Kimberly-Clark by 5.9% during the third quarter. State Street Corp now owns 19,304,396 shares of the company's stock worth $2,768,367,000 after purchasing an additional 1,083,824 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of Kimberly-Clark by 3.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 10,060,744 shares of the company's stock valued at $1,431,443,000 after buying an additional 358,926 shares during the period. Geode Capital Management LLC grew its holdings in Kimberly-Clark by 2.8% during the 3rd quarter. Geode Capital Management LLC now owns 7,675,506 shares of the company's stock worth $1,092,388,000 after acquiring an additional 206,671 shares in the last quarter. Nordea Investment Management AB raised its holdings in shares of Kimberly-Clark by 20.4% in the 4th quarter. Nordea Investment Management AB now owns 2,740,525 shares of the company's stock valued at $358,625,000 after purchasing an additional 464,615 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Kimberly-Clark by 0.8% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,712,258 shares of the company's stock valued at $385,900,000 after purchasing an additional 20,953 shares in the last quarter. 76.29% of the stock is owned by institutional investors.

Insider Activity at Kimberly-Clark

In related news, VP Andrew Drexler sold 3,000 shares of the company's stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $139.01, for a total value of $417,030.00. Following the completion of the sale, the vice president now owns 5,053 shares of the company's stock, valued at approximately $702,417.53. This represents a 37.25 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders own 0.62% of the company's stock.

Kimberly-Clark Price Performance

Shares of KMB stock traded up $1.10 during mid-day trading on Thursday, hitting $126.66. 2,090,403 shares of the stock were exchanged, compared to its average volume of 1,904,567. The company has a quick ratio of 0.55, a current ratio of 0.83 and a debt-to-equity ratio of 4.77. Kimberly-Clark Co. has a 52-week low of $117.67 and a 52-week high of $149.30. The firm has a fifty day moving average of $132.64 and a 200 day moving average of $138.13. The company has a market cap of $42.24 billion, a PE ratio of 16.43, a price-to-earnings-growth ratio of 2.69 and a beta of 0.41.

Kimberly-Clark (NYSE:KMB - Get Free Report) last issued its earnings results on Tuesday, October 22nd. The company reported $1.83 EPS for the quarter, beating analysts' consensus estimates of $1.69 by $0.14. Kimberly-Clark had a net margin of 12.97% and a return on equity of 198.59%. The business had revenue of $4.95 billion during the quarter, compared to analysts' expectations of $5.06 billion. During the same period in the prior year, the business earned $1.74 earnings per share. The company's quarterly revenue was down 3.5% compared to the same quarter last year. Research analysts anticipate that Kimberly-Clark Co. will post 7.31 earnings per share for the current year.

Kimberly-Clark Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Stockholders of record on Friday, December 6th were given a $1.22 dividend. The ex-dividend date of this dividend was Friday, December 6th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.85%. Kimberly-Clark's dividend payout ratio (DPR) is presently 63.29%.

Analysts Set New Price Targets

A number of analysts have weighed in on KMB shares. Barclays upped their target price on Kimberly-Clark from $135.00 to $144.00 and gave the stock an "equal weight" rating in a report on Friday, October 11th. Citigroup decreased their price objective on Kimberly-Clark from $125.00 to $118.00 and set a "sell" rating for the company in a research note on Wednesday. UBS Group reduced their target price on shares of Kimberly-Clark from $151.00 to $132.00 and set a "neutral" rating for the company in a report on Thursday. Royal Bank of Canada restated an "outperform" rating and issued a $165.00 price target on shares of Kimberly-Clark in a report on Wednesday, October 23rd. Finally, Piper Sandler reduced 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 investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have issued a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $144.57.

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.