Kimberly-Clark Corp. (KMB) continues to experience strong performance and growth prospects, with an attractive dividend yield. The corporation stands out in the household and personal care stocks sector, receiving new investments, such as from
Scientech Research LLC, and substantial share purchases by several companies like
MBB Public Markets I and
Point72 Hong Kong Ltd. The Q1 and Q2 results in 2024 displayed robust growth, pushing the company to optimize their outlook for the rest of 2024. Despite a few insider sales,
KMB stays a compelling momentum stock, revealing solid organic growth and cost recovery in prior years. The stock increased by 20% YTD, while the second quarter earnings topped estimates. Despite some setbacks in Q2 revenue, 2024 guidance was raised. Interestingly, Drexler, the Vice President and Controller, sold 2,500 shares and the
President of Latin America, Gonzalo Uribe, also let go of some shares. Yet, institutional investors still favor KMB at a remarkable rate of 79%, indicating their consistent performance and potential for further growth.
Kimberly-Clark Corp KMB News Analytics from Fri, 12 Jan 2024 13:09:27 GMT to Sun, 29 Sep 2024 15:41:49 GMT -
Rating 8
- Innovation 5
- Information 8
- Rumor 0
