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New Big Money Means Kimberly-Clark Corp. (KMB) Investors Could Reap Benefit

Kimberly-Clark Corp. (NYSE: KMB) is 22.09% higher on its value in year-to-date trading and has touched a low of $116.32 and a high of $148.02 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The KMB stock was last observed hovering at around $147.35 in the last trading session, with the day’s gains setting it 1.0%.

Currently trading at $148.35, the stock is 4.12% and 5.29% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.85 million and changing 0.68% at the moment leaves the stock 14.04% off its SMA200. KMB registered 16.39% gain for a year compared to 6-month gain of 20.00%.

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The stock witnessed a 7.77% loss in the last 1 month and extending the period to 3 months gives it a 7.98%, and is 3.35% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.27% over the week and 1.24% over the month.

Kimberly-Clark Corp. (KMB) has around 41000 employees, a market worth around $49.96B and $20.28B in sales. Current P/E ratio is 21.96 and Fwd P/E is 19.41. Profit margin for the company is 11.28%. Distance from 52-week low is 27.54% and 0.22% from its 52-week high. The company has generated returns on investments over the last 12 months (27.57%).

The EPS is expected to grow by 11.02% this year

2209.0 institutions hold shares in Kimberly-Clark Corp. (KMB), with institutional investors hold 79.62% of the company’s shares. The shares outstanding are 337.00M, and float is at 336.33M with Short Float at 1.79%. Institutions hold 79.48% of the Float.

The top institutional shareholder in the company is BLACKROCK INC. with over 31.39 million shares valued at $4.34 billion. The investor’s holdings represent 9.3169 of the KMB Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 30.19 million shares valued at $4.17 billion to account for 8.9603 of the shares outstanding. The other top investors are STATE STREET CORP which holds 18.22 million shares representing 5.4083 and valued at over $2.54 billion, while CHARLES SCHWAB INVESTMENT MANAGEMENT INC holds 2.8797 of the shares totaling 9.7 million with a market value of $1.34 billion.

Kimberly-Clark Corp. (KMB) Insider Activity

The most recent transaction is an insider sale by Uribe Gonzalo, the company’s President, Latin America. SEC filings show that Uribe Gonzalo sold 1,780 shares of the company’s common stock on Jul 29 ’24 at a price of $140.84 per share for a total of $0.25 million. Following the sale, the insider now owns 7377.0 shares.

Still, SEC filings show that on Jul 25 ’24, Melucci Jeffrey P. (Chief Bus. & Transf. Officer) disposed off 37,699 shares at an average price of $141.42 for $5.33 million. The insider now directly holds 19,935 shares of Kimberly-Clark Corp. (KMB).

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