Kimberly Clark Corporation (KMB) has seen increased attention in the stock market. Despite fluctuating performances, it outperformed competitors on certain trading days. Analysts have set a
price target of $149.93 while there was an event of insiders selling stock worth US$5.3m. The corporation recently announced a
strategic realignment of business segments and revealed its presentation to be webcast at
Morgan Stanley's Global Consumer & Retail Conference. Some institutional investors have trimmed their
positions in KMB whereas others, like
Sanctuary Advisors LLC, have increased their stake. KMB has recorded dividends consistently and is extending a 52-year streak with a $1.22 per share payout. In an unexpected turn,
Costco has decided to switch diaper production away from Kimberly-Clark.
Key metrics from KMB's Q3 2024 earnings results indicate strategy and growth prospects. While institutional sentiment is positive, retail inventory pressures have hit an
annual outlook. Recently, KMB welcomed Joseph Romanelli to its Board of Directors, indicating further strategic developments. Lastly,
Kimberly-Clark's Q3 sales fell short of analyst estimates while progressively higher prices have bolstered profits amid softening sales.
Kimberly-Clark Corp KMB News Analytics from Tue, 02 Apr 2024 07:00:00 GMT to Fri, 20 Dec 2024 21:55:00 GMT -
Rating 3
- Innovation -4
- Information 8
- Rumor -2
