Kimberly-Clark Corp (KMB), a fast-moving consumer goods (FMCG) entity, has seen its stocks declared as a top choice by various hedge funds. The company has witnessed numerous sales and purchases by firms such as abrdn plc, NatWest Group plc, Groesbeck Investment Management Corp NJ, and State of Alaska Department of Revenue, among others. KMB finished its first year of transformation with notable results, seeing shares rise even as weak growth continues to pose a challenge. Despite being downgraded to a 'hold' rating by StockNews.com, many view KMB as a reliable yet conservative option for investors, characterized as a 'boring stock' by Jim Cramer. KMB's dividends have been on an increasing trajectory, sparking further interest in this experienced dividend stock. Concerns, however, are looming about underlying issues not represented in adjusted numbers. The corporation's recent Q4 earnings matched estimates and has demonstrated strategic advancements in the market. Despite its slightly lacklustre growth, KMB is a favorite among institutional owners who hold 81% of the company. By reaffirming its 2024 profit outlook, it's clear the company continues to strive for success, while maintaining its 52-year dividend growth streak.
Kimberly-Clark Corp KMB News Analytics from Tue, 23 Apr 2024 07:00:00 GMT to Sat, 08 Feb 2025 23:12:02 GMT -
Rating 6
- Innovation 2
- Information 8
- Rumor 1
