Radnor Capital Management LLC Invests $983,000 in Kimberly-Clark Co. (NYSE:KMB)

Radnor Capital Management LLC acquired a new stake in Kimberly-Clark Co. (NYSE:KMB) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 6,911 shares of the company’s stock, valued at approximately $983,000.

Other large investors have also recently added to or reduced their stakes in the company. Catalina Capital Group LLC increased its position in shares of Kimberly-Clark by 8.7% during the third quarter. Catalina Capital Group LLC now owns 2,138 shares of the company’s stock worth $304,000 after acquiring an additional 171 shares during the period. Cornerstone Capital Inc. increased its holdings in Kimberly-Clark by 1.4% during the 3rd quarter. Cornerstone Capital Inc. now owns 139,107 shares of the company’s stock worth $19,792,000 after purchasing an additional 1,853 shares during the period. Global Wealth Management Investment Advisory Inc. increased its holdings in Kimberly-Clark by 1.6% during the 3rd quarter. Global Wealth Management Investment Advisory Inc. now owns 30,109 shares of the company’s stock worth $4,284,000 after purchasing an additional 481 shares during the period. Clarity Financial LLC boosted its stake in shares of Kimberly-Clark by 4.8% in the 3rd quarter. Clarity Financial LLC now owns 2,002 shares of the company’s stock valued at $285,000 after buying an additional 92 shares during the period. Finally, Greenwood Capital Associates LLC grew its position in shares of Kimberly-Clark by 1.9% during the third quarter. Greenwood Capital Associates LLC now owns 9,989 shares of the company’s stock worth $1,421,000 after buying an additional 188 shares in the last quarter. 76.29% of the stock is owned by hedge funds and other institutional investors.

Kimberly-Clark Trading Down 2.4 %

Shares of Kimberly-Clark stock opened at $131.64 on Thursday. The company has a debt-to-equity ratio of 4.77, a quick ratio of 0.55 and a current ratio of 0.83. The company has a market capitalization of $43.90 billion, a P/E ratio of 17.07, a PEG ratio of 2.81 and a beta of 0.40. Kimberly-Clark Co. has a 1 year low of $117.67 and a 1 year high of $149.30. The company’s fifty day moving average is $141.37 and its two-hundred day moving average is $139.26.

Kimberly-Clark (NYSE:KMB) last released its quarterly 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 firm 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 business’s revenue was down 3.5% on a year-over-year basis. During the same quarter last year, the company posted $1.74 earnings per share. Analysts forecast that Kimberly-Clark Co. will post 7.26 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. TD Cowen initiated coverage on shares of Kimberly-Clark in a research note on Tuesday, July 23rd. They issued a “buy” rating and a $161.00 price target for the company. Royal Bank of Canada reiterated an “outperform” rating and set a $165.00 target price on shares of Kimberly-Clark in a research note on Wednesday, October 23rd. UBS Group dropped their target price on Kimberly-Clark from $153.00 to $151.00 and set a “neutral” rating on the stock in a report on Wednesday, October 23rd. JPMorgan Chase & Co. lowered their price objective on Kimberly-Clark from $142.00 to $140.00 and set an “underweight” rating for the company in a research report on Wednesday, October 23rd. Finally, Deutsche Bank Aktiengesellschaft raised their target price on Kimberly-Clark from $146.00 to $147.00 and gave the stock a “hold” rating in a research report on Tuesday, October 8th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $149.93.

About Kimberly-Clark

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.