Kimberly-Clark Corp.'s (KMB) performance in the stock market has seen some health fluctuations, often underperforming when compared to its competitors. Despite this, the stock remains a favorite amongst institutional owners, boasting 79% ownership. There has been several noteworthy sales of company shares from insiders such as Doug Cunningham, President, EMEA, and Gonzalo Uribe, President, Latin America, among others. The company has seen recent success in its earnings as apparent in the first quarter of 2024 results, resulting in a raised outlook for 2024 followed by declaration of dividends. This success was largely driven by a focus on their core strategy. However, debt has sensibly been utilized, reflected in its solid organic growth and cost recovery. Patricia Corsi has also been named Chief Growth Officer of Kimberly-Clark. Despite a dip after a 2023 Q4, Kimberly-Clark's stock has shown a resilience with investors remaining increasingly interested in its prospects.
Kimberly-Clark Corp KMB News Analytics from Tue, 05 Sep 2023 07:00:00 GMT to Sun, 26 May 2024 10:52:44 GMT -
Rating 4
- Innovation -2
- Information 6
- Rumor 3
