Kimberly-Clark Corporation (KMB) is becoming a part of early retirement portfolios. With a slated Q4 2024 earnings release and recent stock outperformance, KMB shares are a popular purchase amongst investment firms like West Oak Capital LLC, CWA Asset Management Group LLC, Nordea Investment Management AB, and GAMMA Investing LLC. Despite some analysts downgrading KMB to a 'Hold' rating and insiders selling US$5.3m worth of stock, KMB remains an undervalued dividend aristocrat, with a price target cut to $130 by Wells Fargo. Institutional investors own nearly 80% of the company, showing strong confidence in its stability. With the recent extension of a 52-year dividend growth streak and the company's impressive third quarter 2024 results, KMB shares are being recommended for purchase. However, an 8% decrease in KMB stock over the past 3 months may raise concern for potential investors. Despite inventory pressure negatively impacting the annual outlook, the company's strategic realignment of business segments and ongoing growth potential show the potential for success. Final results from Q3 show promising key metrics, and the addition of new C-suite roles implies further operational refinements.
Kimberly-Clark Corp KMB News Analytics from Tue, 23 Apr 2024 07:00:00 GMT to Fri, 10 Jan 2025 23:20:03 GMT -
Rating -2
- Innovation 3
- Information 8
- Rumor -6
