Short interest for Kimberly-Clark gives investors a sense of the degree to which investors are betting on the decline of Kimberly-Clark's stock. Short interest data is updated every two weeks.

Kimberly-Clark Stock (NYSE:KMB), Short Interest Report

Kimberly-Clark

With more than half of sales from personal care and another third from consumer tissue products, Kimberly-Clark sits as a leading manufacturer in the tissue and hygiene realm. Its brand mix includes Huggies, Pull-Ups, Kotex, Depend, Kleenex, and Cottonelle. The firm also operates K-C Professional, which partners with businesses to provide safety and sanitary offerings for the workplace. Kimberly-Clark generates just over of half its sales in North America and more than 10% in Europe, with the rest primarily concentrated in Asia and Latin America.

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With the earnings season now halfway through, the percentage of S&amp;P 500 companies reporting positive earnings surprises and the magnitude of earnings surprises were above their 10-year averages.

Will Earnings Cheer Continue To Buoy Markets? Apple, Amazon, Pfizer, Coinbase Lead Flurry Of Q1 Reports This Week

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GameStop, Kimberly-Clark And 2 Other Stocks Insiders Are Selling

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Stocks surged as weak economic data raised hopes for Fed rate cut. S&amp;P 500 up 1.2%, Nasdaq 100 up 1.5%, Dow Jones up 0.6%. Spotify shares jump 17% on earnings.

Stocks Rally On Weaker PMI Data, Tech Earnings Optimism, Dollar Falls: What&#39;s Driving Markets Tuesday?

Kimberly-Clark Corp

KAMBI GROUP LTD ORD B by Kambi Group LTD.

Kambi Group PLC

Corporate <a href="https://www.benzinga.com/markets/equities/24/04/38471231/strong-quarterly-earnings-fuel-market-optimism-despite-inflation-concerns-slowing-economic-growt">earnings came to the market&#8217;s rescue in the past week,</a> helping to overcome rate fears. As we look ahead to the unfolding week, it remains to be seen whether the tech earnings deluge can keep the rally&#8217;s momentum going. 
The Week That Was: High-profile Magnificent Seven earnings panned out mostly positively for the market, with Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) the outlier. The social media giant&#8217;s stock fell sharply as traders fretted over the soft second-quarter revenue guidance and the company&#8217;s massive AI investment plans. 
Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) managed to appease the Street despite the double miss as it held out the promise of an expeditious launch of a more affordable EV. 
With the earnings season now halfway through, the percentage of S&amp;P 500 companies reporting positive earnings surprises and the magnitude of earnings surprises were above their 10-year averages, <a href="https://insight.factset.com/sp-500-earnings-season-update-april-26-2024?utm_source=Direct&amp;utm_medium=Email&amp;utm_campaign=FO-04-26-2024&amp;utm_content=httpsinsightfactsetcomsp500earningsseasonupdateapril262024">said </a>FactSet in a report.
The blended first-quarter earnings growth of S&amp;P 500 companies is estimated at 3.5%, up from the 0.6% growth estimated in the week ended April 19, the financial data analytics firm said. If the trend holds, the S&amp;P 500 companies are on track to report earnings growth for the third straight quarter.
Of the 11 S&amp;P sector classes, eight sectors reported year-over-year earnings growth, led by communication services, utilities, IT, and consumer discretionary sectors. On the other hand, healthcare, energy, and materials have reported year-over-year earnings declines.
See Also: <a href="https://www.benzinga.com/money/best-tech-stocks">Best Tech Stocks Right Now</a>
Look Ahead: The unfolding week will see 175 S&amp;P 500 companies and 6 Dow 30 components releasing their quarterly scorecards. The earnings roster includes two Magnificent Seven companies, namely Apple, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) and Amazon, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), e-commerce retailers, payment processors, restaurants, and energy and REIT companies.
Earnings from Apple and Amazon could be market-moving, given the weighting of these stocks in the S&amp;P 500 Index. Also, Apple is considered a bellwether, given its exposure to consumers. Morgan Stanley&#8217;s Erik Woodring expects Apple to report a slightly beat but guide June quarter revenue down. 
Investors are likely to keep a close eye on performance in China, Apple&#8217;s updated capital return framework, and capital expenditures, the analyst said.
That said, the analyst is positive on the stock ahead of its annual Worldwide Developers&#8217; Conference due on June 10th. &#8220;With Apple&#8217;s biggest WWDC event on June 10th, we&#8217;d buy post-earnings weakness,&#8221; he said.
Amazon will likely continue to report double-digit sales and profit growth in the first quarter, according to Telsey Advisory Group analyst Joseph Feldman. The analyst premised his optimism on the strength of online spending, gains from expanded merchandise and faster fulfillment, and stabilization (and growth) of AWS. 
&#8220;Importantly, we expect [a] greater focus on profits supported by the growth of higher margin categories and services, such as advertising, media, and AWS (partly helped by AI-related upgrades), the redesigned distribution network&#8230;.. and cost savings,&#8221; he said.
Notable among the <a href="https://www.benzinga.com/calendars/earnings">companies reporting earnings this week</a> are:
Monday 
<ul>
<li>Before the bell: JinkoSolar Holding Co., Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JKS#NYSE">JKS</a>), ON Semiconductor Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ON#NASDAQ">ON</a>), Koninklijke Philips N.V. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PHG#NYSE">PHG</a>), SoFi Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOFI#NASDAQ">SOFI</a>)</li>
<li>After the close: F5, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FFIV#NASDAQ">FFIV</a>), Everest Group, Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EG#NYSE">EG</a>), NXP Semiconductors N.V. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXPI#NASDAQ">NXPI</a>), Lattice Semiconductor Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LSCC#NASDAQ">LSCC</a>), MicroStrategy Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), Paramount Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PARA#NASDAQ">PARA</a>), Qiagen N.V. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QGEN#NYSE">QGEN</a>), Rambus Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RMBS#NASDAQ">RMBS</a>), Sanmina Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SANM#NASDAQ">SANM</a>), Yum China Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YUMC#NYSE">YUMC</a>)</li>
</ul>
Tuesday 
<ul>
<li>Before the bell: 3M Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMM#NYSE">MMM</a>), Archer-Daniels-Midland Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADM#NYSE">ADM</a>), The Coca-Cola Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KO#NYSE">KO</a>), Eli Lilly and Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LLY#NYSE">LLY</a>), GE HealthCare Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GEHC#NASDAQ">GEHC</a>), McDonald&#8217;s Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCD#NYSE">MCD</a>), Molson Coors Beverage Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TAP#NYSE">TAP</a>), PayPal Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PYPL#NASDAQ">PYPL</a>), Tenet Healthcare Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/THC#NYSE">THC</a>)</li>
<li>After the close: Advanced Micro Devices, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), ONEOK, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OKE#NYSE">OKE</a>), Pinterest, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PINS#NYSE">PINS</a>), Starbucks Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>), Skyworks Solutions, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SWKS#NASDAQ">SWKS</a>), Unum Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNM#NYSE">UNM</a>). Super Micro Computer, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>), Stryker Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SYK#NYSE">SYK</a>), RenaissanceRe Holdings Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RNR#NYSE">RNR</a>), Prudential Financial, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PRU#NYSE">PRU</a>), Diamondback Energy, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FANG#NASDAQ">FANG</a>), The Clorox Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLX#NYSE">CLX</a>), Chesapeake Energy Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHK#NASDAQ">CHK</a>)</li>
</ul>

Wednesday 
<ul>
<li>Before the bell: Bausch + Lomb Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLCO#NYSE">BLCO</a>), CVS Health Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVS#NYSE">CVS</a>), DuPont de Nemours, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DD#NYSE">DD</a>), The Estée Lauder Companies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EL#NYSE">EL</a>), Garmin Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GRMN#NYSE">GRMN</a>), GSK plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GSK#NYSE">GSK</a>), The Kraft Heinz Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KHC#NASDAQ">KHC</a>), KKR &amp; Co. Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KKR#NYSE">KKR</a>), Logitech International S.A. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LOGI#NASDAQ">LOGI</a>), Mastercard Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MA#NYSE">MA</a>), Norwegian Cruise Line Holdings Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NCLH#NYSE">NCLH</a>), Pfizer, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PFE#NYSE">PFE</a>), Wingstop Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WING#NASDAQ">WING</a>), Yum! Brands, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YUM#NYSE">YUM</a>)</li>
<li>After the close: Albemarle Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALB#NYSE">ALB</a>), The Allstate Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALL#NYSE">ALL</a>), Beazer Homes USA, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BZH#NYSE">BZH</a>), C.H. Robinson Worldwide, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHRW#NASDAQ">CHRW</a>), Devon Energy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DVN#NYSE">DVN</a>), eBay Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EBAY#NASDAQ">EBAY</a>), Etsy, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETSY#NASDAQ">ETSY</a>), First Solar, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>), Freshworks Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRSH#NASDAQ">FRSH</a>), Kulicke and Soffa Industries, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KLIC#NASDAQ">KLIC</a>), Marathon Oil Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MRO#NYSE">MRO</a>), MetLife, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MET#NYSE">MET</a>), MGM Resorts International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGM#NYSE">MGM</a>), NETGEAR, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTGR#NASDAQ">NTGR</a>), Qorvo, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QRVO#NASDAQ">QRVO</a>), Sunnova Energy International Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOVA#NYSE">NOVA</a>), Upwork Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UPWK#NASDAQ">UPWK</a>), Wolfspeed, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOLF#NYSE">WOLF</a>), Zillow Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZG#NASDAQ">ZG</a>)</li>
</ul>
Thursday 
<ul>
<li>Before the bell: ArcelorMittal S.A. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MT#NYSE">MT</a>), ConocoPhillips (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COP#NYSE">COP</a>), CyberArk Software Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYBR#NASDAQ">CYBR</a>), Ferrari N.V. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RACE#NYSE">RACE</a>), Intercontinental Exchange, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ICE#NYSE">ICE</a>), Kimco Realty Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KIM#NYSE">KIM</a>), Moderna, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRNA#NASDAQ">MRNA</a>), PENN Entertainment, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PENN#NASDAQ">PENN</a>), Wayfair Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/W#NYSE">W</a>), Zoetis Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZTS#NYSE">ZTS</a>)</li>
<li>After the close: Amgen, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMGN#NASDAQ">AMGN</a>), Apple, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), BigBear.ai Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBAI#NYSE">BBAI</a>), BJ&#8217;s Restaurants, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BJRI#NASDAQ">BJRI</a>), Booking Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKNG#NASDAQ">BKNG</a>), Cloudflare, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NET#NYSE">NET</a>), Coinbase Global, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), Consolidated Edison, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ED#NYSE">ED</a>), DraftKings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DKNG#NASDAQ">DKNG</a>), Five9, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIVN#NASDAQ">FIVN</a>), Expedia Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXPE#NASDAQ">EXPE</a>), Illumina, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ILMN#NASDAQ">ILMN</a>), Live Nation Entertainment, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LYV#NYSE">LYV</a>), United States Steel Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/X#NYSE">X</a>), Regency Centers Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REG#NASDAQ">REG</a>), Reinsurance Group of America, Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RGA#NYSE">RGA</a>), Pioneer Natural Resources Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PXD#NYSE">PXD</a>), Opendoor Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OPEN#NASDAQ">OPEN</a>), Monster Beverage Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNST#NASDAQ">MNST</a>)</li>
</ul>
Friday 
<ul>
<li>Before the bell: American Axle &amp; Manufacturing Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXL#NYSE">AXL</a>), Cboe Global Markets, Inc. (CBOE: CBOE), Fluor Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FLR#NYSE">FLR</a>), The Hershey Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HSY#NYSE">HSY</a>), Owens &amp; Minor, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OMI#NYSE">OMI</a>), XPO, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPO#NYSE">XPO</a>)</li>
</ul>
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>), an exchange-traded fund that tracks the performance of the broader S&amp;P 500 Index, ended Friday&#8217;s session up 0.95% at $508.26, according to <a href="https://benzinga.grsm.io/lxquj26b2sag">Benzinga Pro data. </a>The ETF has pulled back from its all-time high (intraday) of $524.61 hit on March 28. The Invesco QQQ Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), an ETF levered more to high-profile, non-financial tech stocks, rose 1.54% to $431.
Read Next: <a href="https://www.benzinga.com/news/earnings/earnings-misses/24/04/38464570/us-energy-stocks-fall-following-oil-giants-subdued-earnings-reports">US Energy Stocks Fall Following Oil Giants&#8217; Subdued Earnings Reports</a>

The Nasdaq 100 closed lower by over 90 points on Thursday. Investors, meanwhile, focused on some notable insider trades.
When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company's prospects or that they view the stock as being overpriced. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.
Below is a look at a few recent notable insider sales. For more, check out <a href="https://www.benzinga.com/sec/insider-trades/">Benzinga&#8217;s insider transactions</a> platform.
<h3 class="wp-block-heading">GameStop</h3>
<ul>
<li>The Trade: GameStop Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) PFO and PAO Daniel William Moore <a href="https://www.benzinga.com/sec/insider-trades/">sold a total of 7,779 shares</a> at an average price of $10.20. The insider received around $79,362 from selling those shares.</li>
<li>What's Happening: On March 26, GameStop reported fourth-quarter net sales of $1.794 billion, down from $2.226 billion year-over-year.</li>
<li>What GameStop Does: GameStop Corp is a U.S. multichannel video game, consumer electronics, and services retailer.</li>
</ul>
Have a look at our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<h3 class="wp-block-heading">SMART Global Holdings</h3>
<ul>
<li>The Trade: SMART Global Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SGH#NASDAQ">SGH</a>) President, LED Solutions Joseph Gates Clark <a href="https://www.benzinga.com/sec/insider-trades/">sold a total of 2,529 shares</a> at an average price of $17.94. The insider received around $45,359 from selling those shares.</li>
<li>What's Happening: On April 9, the company saw third-quarter earnings of 30 cents per share, plus or minus 15 cents, versus the 28 cent estimate.</li>
<li>What SMART Global Does: SMART Global Holdings Inc is a designer and manufacturer of electronic products focused on memory and computing technology areas.</li>
</ul>
<h3 class="wp-block-heading">Kimberly-Clark</h3>
<ul>
<li>The Trade: Kimberly-Clark Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMB#NYSE">KMB</a>) President, Latin America Gonzalo Uribe <a href="https://www.benzinga.com/sec/insider-trades/">sold a total of 1,465 shares</a> at an average price of $136.91. The insider received around $200,574 from selling those shares.</li>
<li>What's Happening: On April 23, Kimberly-Clark reported better-than-expected first-quarter financial results.</li>
<li>What Kimberly-Clark Does: With more than half of sales from personal care and another third from consumer tissue products, Kimberly-Clark sits as a leading manufacturer in the tissue and hygiene realm.</li>
</ul>
<h3 class="wp-block-heading">Bentley Systems</h3>
<ul>
<li>The Trade: Bentley Systems, Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BSY#NASDAQ">BSY</a>) Director Keith A. Bentley <a href="https://www.benzinga.com/sec/insider-trades/">sold a total of 17,021 shares</a> at an average price of $55.00. The insider received around $936,155 from selling those shares.</li>
<li>What's Happening: Schneider Electric recently confirmed holding discussions for a potential acquisition of Bentley Systems.</li>
<li>What Bentley Systems Does: Bentley Systems is a software vendor that caters to engineers, architects, constructors, and geospatial professionals by enabling design, modeling, simulation and project, and data management of infrastructure assets.</li>
</ul>
Check This Out: <a href="https://www.benzinga.com/news/earnings/24/04/38452338/microsoft-alphabet-and-3-stocks-to-watch-heading-into-friday">Microsoft, Alphabet And 3 Stocks To Watch Heading Into Friday</a>

Barclays analyst Lauren Lieberman maintains Kimberly-Clark (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMB#NYSE">KMB</a>) with a Equal-Weight and raises the price target from $132 to $136.

Price Target

Analyst Ratings

Barclays Maintains Equal-Weight on Kimberly-Clark, Raises Price Target to $136

Paula Ramos, Chief Strategy Officer at Kimberly-Clark (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMB#NYSE">KMB</a>), reported a large exercise of company stock options on April 24, according to a new SEC filing.
What Happened: A Form 4 filing from the <a href="https://www.sec.gov/Archives/edgar/data/0000055785/000122520824005189//Archives/edgar/data/55785/000122520824005189/0001225208-24-005189-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday showed that Ramos, Chief Strategy Officer at Kimberly-Clark, a company in the Consumer Staples sector, just exercised stock options worth 10,178 shares of KMB stock with an exercise price of $132.63.
The Thursday morning update indicates Kimberly-Clark shares down by 0.81%, currently priced at $136.66. At this value, Ramos's 10,178 shares are worth $41,017.
<h3>Unveiling the Story Behind Kimberly-Clark</h3>
With more than half of sales from personal care and another third from consumer tissue products, Kimberly-Clark sits as a leading manufacturer in the tissue and hygiene realm. Its brand mix includes Huggies, Pull-Ups, Kotex, Depend, Kleenex, and Cottonelle. The firm also operates K-C Professional, which partners with businesses to provide safety and sanitary offerings for the workplace. Kimberly-Clark generates just over of half its sales in North America and more than 10% in Europe, with the rest primarily concentrated in Asia and Latin America.
<h3>Breaking Down Kimberly-Clark's Financial Performance</h3>
Negative Revenue Trend: Examining Kimberly-Clark's financials over 3 months reveals challenges. As of 31 March, 2024, the company experienced a decline of approximately -0.89% in revenue growth, reflecting a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Consumer Staples sector.
Key Profitability Indicators:
<ul>
<li>
Gross Margin: The company issues a cost efficiency warning with a low gross margin of 37.11%, indicating potential difficulties in maintaining profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Kimberly-Clark's EPS is significantly higher than the industry average. The company demonstrates a robust bottom-line performance with a current EPS of 1.92.
</li>
</ul>
Debt Management: With a below-average debt-to-equity ratio of 7.63, Kimberly-Clark adopts a prudent financial strategy, indicating a balanced approach to debt management.
Market Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: With a lower-than-average P/E ratio of 25.28, the stock indicates an attractive valuation, potentially presenting a buying opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: The current P/S ratio of 2.29 is below industry norms, suggesting potential undervaluation and presenting an investment opportunity for those considering sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With a lower-than-industry-average EV/EBITDA ratio of 17.07, Kimberly-Clark presents a potential value opportunity, as investors are paying less for each unit of EBITDA.
</li>
</ul>
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
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<h3>Why Insider Activity Matters in Finance</h3>
While insider transactions should not be the sole basis for making investment decisions, they can play a significant role in an investor's decision-making process.
Within the legal framework, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as per Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
The initiation of a new purchase by a company insider serves as a strong indication that they expect the stock to rise.
However, insider sells may not always signal a bearish view and can be influenced by various factors.
<h3>Exploring Key Transaction Codes</h3>
For <a href="https://www.benzinga.com/money/investing-tools">investors</a>, a primary focus lies on transactions occurring in the open market, as indicated in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000055785">Check Out The Full List Of Kimberly-Clark's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options Exercise Activity Initiated By Paula Ramos At Kimberly-Clark

Citigroup analyst Filippo Falorni maintains Kimberly-Clark (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMB#NYSE">KMB</a>) with a Sell and raises the price target from $111 to $125.

Citigroup Maintains Sell on Kimberly-Clark, Raises Price Target to $125

B of A Securities analyst Anna Lizzul maintains Kimberly-Clark (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMB#NYSE">KMB</a>) with a Underperform and raises the price target from $110 to $115.

B of A Securities Maintains Underperform on Kimberly-Clark, Raises Price Target to $115

RBC Capital analyst Nik Modi maintains Kimberly-Clark (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMB#NYSE">KMB</a>) with a Sector Perform and raises the price target from $123 to $126.

RBC Capital Maintains Sector Perform on Kimberly-Clark, Raises Price Target to $126

HSBC analyst Alejandro Zamacona maintains Kimberly-Clark (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMB#NYSE">KMB</a>) with a Hold and raises the price target from $146 to $150.

HSBC Maintains Hold on Kimberly-Clark, Raises Price Target to $150

UBS analyst Peter Grom maintains Kimberly-Clark (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMB#NYSE">KMB</a>) with a Neutral and raises the price target from $135 to $138.

UBS Maintains Neutral on Kimberly-Clark, Raises Price Target to $138

JP Morgan analyst Andrea Teixeira maintains Kimberly-Clark (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMB#NYSE">KMB</a>) with a Underweight and raises the price target from $115 to $123.

JP Morgan Maintains Underweight on Kimberly-Clark, Raises Price Target to $123

Wells Fargo analyst Chris Carey maintains Kimberly-Clark (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMB#NYSE">KMB</a>) with a Equal-Weight and raises the price target from $131 to $136.

Wells Fargo Maintains Equal-Weight on Kimberly-Clark, Raises Price Target to $136

Kimberly-Clark (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMB#NYSE">KMB</a>) underwent analysis by 10 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $137.7, a high estimate of $152.00, and a low estimate of $123.00. Observing a 4.49% increase, the current average has risen from the previous average price target of $131.78. 
<img src="https://www.benzinga.com/files/images/story/2024/1713967241_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
In examining recent analyst actions, we gain insights into how financial experts perceive Kimberly-Clark. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Jason English</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Buy</td>
<td>$152.00</td>
<td>$135.00</td>
</tr>
<tr>
<td>Lauren Lieberman</td>
<td>Barclays</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$132.00</td>
<td>$124.00</td>
</tr>
<tr>
<td>Steve Powers</td>
<td>Deutsche Bank</td>
<td>Raises</td>
<td>Hold</td>
<td>$132.00</td>
<td>$127.00</td>
</tr>
<tr>
<td>Korinne Wolfmeyer</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$152.00</td>
<td>$145.00</td>
</tr>
<tr>
<td>Nik Modi</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Sector Perform</td>
<td>$123.00</td>
<td>-</td>
</tr>
<tr>
<td>Chris Carey</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$131.00</td>
<td>$125.00</td>
</tr>
<tr>
<td>Javier Escalante</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$150.00</td>
<td>$133.00</td>
</tr>
<tr>
<td>Alejandro Zamacona</td>
<td>HSBC</td>
<td>Raises</td>
<td>Hold</td>
<td>$146.00</td>
<td>$134.00</td>
</tr>
<tr>
<td>Jason English</td>
<td>Goldman Sachs</td>
<td>Maintains</td>
<td>Buy</td>
<td>$135.00</td>
<td>$135.00</td>
</tr>
<tr>
<td>Lauren Lieberman</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$124.00</td>
<td>$128.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Kimberly-Clark. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Kimberly-Clark compared to the broader market.</li>
<li>Price Targets: Gaining insights, analysts provide estimates for the future value of Kimberly-Clark's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Kimberly-Clark's market standing. Stay informed and make well-considered decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/KMB/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Kimberly-Clark analyst ratings.</a>
<h2>Unveiling the Story Behind Kimberly-Clark</h2>
With more than half of sales from personal care and another third from consumer tissue products, Kimberly-Clark sits as a leading manufacturer in the tissue and hygiene realm. Its brand mix includes Huggies, Pull-Ups, Kotex, Depend, Kleenex, and Cottonelle. The firm also operates K-C Professional, which partners with businesses to provide safety and sanitary offerings for the workplace. Kimberly-Clark generates just over of half its sales in North America and more than 10% in Europe, with the rest primarily concentrated in Asia and Latin America.
<h3>Understanding the Numbers: Kimberly-Clark's Finances</h3>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: Kimberly-Clark's revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2023, the company achieved a revenue growth rate of approximately 0.12%. This indicates a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Consumer Staples sector.
Net Margin: Kimberly-Clark's net margin is impressive, surpassing industry averages. With a net margin of 10.24%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Kimberly-Clark's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 63.82%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 2.95%, the company showcases effective utilization of assets.
Debt Management: Kimberly-Clark's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 8.87.
<h2>The Core of Analyst Ratings: What Every Investor Should Know</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

A Closer Look at 10 Analyst Recommendations For Kimberly-Clark

Goldman Sachs analyst Jason English maintains Kimberly-Clark (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMB#NYSE">KMB</a>) with a Buy and raises the price target from $135 to $152.

Goldman Sachs Maintains Buy on Kimberly-Clark, Raises Price Target to $152

Stocks surged across the board on Tuesday, gaining momentum after Monday&#8217;s rebound as unexpectedly weak economic data bolstered hopes for a potential Federal Reserve rate cut <a href="https://www.benzinga.com/federal-reserve">by the end of the summer</a>.
What Happened: The S&amp;P Global&#8217;s Purchasing Managers&#8217; Index (PMI) for April indicated a significant deceleration in private sector growth—the slowest in four months—also highlighting reduced inflationary pressures <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38381361/us-private-sector-growth-unexpectedly-slows-in-april-marks-lowest-increase-in-4-mon">from wages and services.</a>
Market-implied probabilities for a rate cut by the Fed as early as September jumped to 72%, up from 67% on Monday, according to CME Group&#8217;s FedWatch Tool. 
Meanwhile, corporate earnings have generally exceeded expectations, with investors now eagerly anticipating results from Visa Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>) and Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), slated for release after market close.
By midday trading in New York, the S&amp;P 500 climbed 1.2%, setting the stage for its best performance in over a month. The Nasdaq 100 outperformed the broader market, up 1.5%, while the Dow Jones Industrial Average saw a more modest increase of 0.6%.
The iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) outperformed its large-cap counterparts, jumping 1.7% and marking its most significant gain since late March.
The dollar declined by 0.4%, and Treasury yields slightly fell. In the commodities market, gold remained steady following its sharpest drop in years on Monday, while oil prices inched 1% higher. Bitcoin edged down slightly by 0.3% to $66,640.
<h3 class="wp-block-heading">Tuesday&#8217;s Performance In Major US Indices, ETFs</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day %chg</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,002.50</td>
<td>1.7%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>17,463.15</td>
<td>1.5%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,068.20</td>
<td>1.1%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>38,468.74</td>
<td>0.6%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 12:37 p.m. EDT</figcaption></figure>
The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) rose 1.2% to $505.50, the&nbsp;SPDR Dow Jones Industrial Average (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) rose 0.6% to $384.94 and the tech-heavy&nbsp;Invesco QQQ Trust&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) rallied 1.5% to $425.11, according to&nbsp;<a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>.&nbsp;
Sector-wise, the Communication Services Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLC#NYSE">XLC</a>) outperformed, up 1.8%. The Materials Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLB#NYSE">XLB</a>) was the major laggard, down 0.5%. 
<h3 class="wp-block-heading">Tuesday&#8217;s Stock Movers</h3>
<ul>
<li>Spotify Technology S.A. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>) saw its shares surge 17% following a robust earnings beat, setting the stock on course for its best single-day performance since its 2018 IPO.</li>
<li>Other companies reacting to recent earnings were Globe Life Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GL#NYSE">GL</a>), up 13%, GE Aerospace (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GE#NYSE">GE</a>),up 7.3%, Danaher Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DHR#NYSE">DHR</a>), up 7.3%, General Motors Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>), up 5%, Novartis AG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NVS#NYSE">NVS</a>), up nearly 3%, PepsiCo. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PEP#NYSE">PEP</a>), down 2.2%, United Parcel Service, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UPS#NYSE">UPS</a>), up 2%, Xerox Holdings Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XRX#NYSE">XRX</a>), down 11%, MSCI Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSCI#NYSE">MSCI</a>), down 14%, LKQ Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LKQ#NASDAQ">LKQ</a>), down 14%, Halliburton Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HAL#NYSE">HAL</a>), flat, and Lockheed Martin Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>), up 0.5%, </li>
<li>Notable names reporting after the close other than Tesla Inc. and Visa, Inc. are Texas Instruments, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>), Steel Dynamics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STLD#NASDAQ">STLD</a>), Seagate Technology Holdings plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STX#NASDAQ">STX</a>), Mattel, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAT#NASDAQ">MAT</a>), Chubb Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CB#NYSE">CB</a>), Canadian National Railway Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNI#NYSE">CNI</a>) and Baker Hughes Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKR#NASDAQ">BKR</a>).</li>
</ul>
Now Read: <a href="https://www.benzinga.com/markets/asia/24/04/38380008/us-mulls-sanctions-on-beijing-banks-for-alleged-role-in-putins-war-in-ukraine-china-cant-have-it-bot">US Mulls Sanctions On Beijing Banks For Alleged Role In Putin&#8217;s War In Ukraine: &#8216;China Can&#8217;t Have It Both Ways,&#8217; Blinken Says</a>

Stocks Rally On Weaker PMI Data, Tech Earnings Optimism, Dollar Falls: What's Driving Markets Tuesday?

Kimberly-Clark Corporation&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMB#NYSE">KMB</a>) shares are gaining in the&nbsp;<a target="_blank" href="https://www.benzinga.com/premarket" rel="noreferrer noopener">premarket session on Tuesday</a>.
The company reported first-quarter adjusted earnings per share of $2.01,&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/04/n38375057/kimberly-clark-announces-first-quarter-2024-results-and-raises-2024-outlook" rel="noreferrer noopener">beating the analyst consensus of $1.63</a>.
Quarterly revenues of $5.149 billion topped the street view of $5.085 billion. Net sales were down 1%, with organic sales growth of 6% <a href="https://www.benzinga.com/calendars/earnings" target="_blank" rel="noreferrer noopener">versus the prior year.</a>
Gross margin was 37.1%, up 390 basis points versus the prior year, driven by organic net sales growth and gross productivity gains.
Price-led gains reflected necessary pricing actions to address higher local costs in hyperinflationary economies, mainly in&nbsp;Argentina.&nbsp;
Volume and mix were positive across&nbsp;North America, developing and emerging (D&amp;E), and developed markets (represented&nbsp;Australia,&nbsp;South Korea, and Western/Central Europe).
Adjusted operating profit increased by 14% despite an unfavorable impact of 12 percentage points from currency translation, primarily driven by hyperinflationary economies.
Year-to-date capital spending was&nbsp;$194 million&nbsp;compared to $201&nbsp;million last year.&nbsp;
The company returned&nbsp;$452 million&nbsp;to shareholders through dividends and repurchases of common stock.&nbsp;
Total debt was&nbsp;$8 billion&nbsp;as of&nbsp;March 31, 2024, consistent with&nbsp;December 31, 2023.
Outlook:&nbsp;Organic net sales&nbsp;is&nbsp;now&nbsp;expected&nbsp;to grow mid-single digits (<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">prior view: low-to mid-single-digit growth</a>).&nbsp;
The company now expects&nbsp;reported net sales&nbsp;to&nbsp;be negatively impacted&nbsp;by 400 basis points of currency translation and 120 basis points from divestitures (prior view: 300 basis points and 60 basis points, respectively).
Adjusted EPS&nbsp;is now expected&nbsp;to grow at a low-teens percentage rate on a constant-currency basis (prior view: high-single-digit growth).
Price Action: KMB shares are trading higher by 5.5% to $136.02 premarket at the last check Tuesday.
Photo via Wikimedia Commons

Guidance

Movers

General

Kimberly-Clark +5% After Q1 Results - Here's Why

WIIM

Kimberly-Clark shares are trading higher after the company reported better-than-expected Q1 financial results.

Kimberley-Clark Boosts FY24 Adj EPS Outlook To low-Teens Percentage Rate Growth From High-Single-Digit Growth

Kimberley- Clark Updates FY24 Organic Net Sales Growth Outlook To Mid-Single Digits From The Previous Low-To Mid-Single-Digit

Kimberly-Clark (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMB#NYSE">KMB</a>) reported quarterly adjusted earnings of $2.01 per share which beat the analyst consensus estimate of $1.63 by 23.31 percent. This is a 20.36 percent increase over earnings of $1.67 per share from the same period last year. The company reported quarterly sales of $5.15 billion which beat the analyst consensus estimate of $5.09 billion by 1.16 percent. This is a 0.89 percent decrease over sales of $5.20 billion the same period last year.

Earnings Beats

Kimberly-Clark Q1 Adj $2.01 Beats $1.63 Estimate, Sales $5.15B Beat $5.09B Estimate

<h3>Companies Reporting Before The Bell</h3>
&bull; RTX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) is expected to report quarterly earnings at $1.23 per share on revenue of $18.41 billion.
&bull; MSCI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSCI#NYSE">MSCI</a>) is expected to report quarterly earnings at $3.45 per share on revenue of $684.13 million.
&bull; Quest Diagnostics (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DGX#NYSE">DGX</a>) is expected to report quarterly earnings at $1.85 per share on revenue of $2.29 billion.
&bull; Community Bank System (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CBU#NYSE">CBU</a>) is expected to report quarterly earnings at $0.78 per share on revenue of $176.83 million.
&bull; Herc Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HRI#NYSE">HRI</a>) is estimated to report quarterly earnings at $2.15 per share on revenue of $782.85 million.
&bull; JetBlue Airways (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBLU#NASDAQ">JBLU</a>) is expected to report quarterly loss at $0.52 per share on revenue of $2.20 billion.
&bull; General Motors (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) is expected to report quarterly earnings at $2.14 per share on revenue of $41.88 billion.
&bull; GE Aero (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GE#NYSE">GE</a>) is estimated to report quarterly earnings at $0.65 per share on revenue of $15.34 billion.
&bull; Spotify Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>) is projected to report quarterly earnings at $0.70 per share on revenue of $3.85 billion.
&bull; United Parcel Service (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UPS#NYSE">UPS</a>) is projected to report quarterly earnings at $1.30 per share on revenue of $21.87 billion.
&bull; Banc of California (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BANC#NYSE">BANC</a>) is projected to report quarterly earnings at $0.22 per share on revenue of $259.77 million.
&bull; Polaris (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PII#NYSE">PII</a>) is estimated to report quarterly earnings at $0.06 per share on revenue of $1.75 billion.
&bull; PepsiCo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEP#NASDAQ">PEP</a>) is projected to report quarterly earnings at $1.52 per share on revenue of $18.08 billion.
&bull; Kiniksa Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KNSA#NASDAQ">KNSA</a>) is expected to report quarterly loss at $0.18 per share on revenue of $79.61 million.
&bull; Xerox Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XRX#NASDAQ">XRX</a>) is projected to report quarterly earnings at $0.35 per share on revenue of $1.53 billion.
&bull; Sherwin-Williams (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHW#NYSE">SHW</a>) is likely to report quarterly earnings at $2.21 per share on revenue of $5.49 billion.
&bull; Dime Community Bancshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DCOM#NASDAQ">DCOM</a>) is projected to report quarterly earnings at $0.39 per share on revenue of $72.52 million.
&bull; Preferred Bank (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PFBC#NASDAQ">PFBC</a>) is projected to report quarterly earnings at $2.38 per share on revenue of $66.30 million.
&bull; Halliburton (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HAL#NYSE">HAL</a>) is estimated to report quarterly earnings at $0.74 per share on revenue of $5.67 billion.
&bull; Peoples Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEBO#NASDAQ">PEBO</a>) is estimated to report quarterly earnings at $0.80 per share on revenue of $109.74 million.
&bull; Pentair (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PNR#NYSE">PNR</a>) is projected to report quarterly earnings at $0.90 per share on revenue of $1.01 billion.
&bull; WR Berkley (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WRB#NYSE">WRB</a>) is expected to report quarterly earnings at $1.49 per share on revenue of $3.27 billion.
&bull; Lockheed Martin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) is estimated to report quarterly earnings at $5.81 per share on revenue of $15.95 billion.
&bull; GATX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GATX#NYSE">GATX</a>) is estimated to report quarterly earnings at $1.76 per share on revenue of $375.80 million.
&bull; NextEra Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEE#NYSE">NEE</a>) is likely to report quarterly earnings at $0.73 per share on revenue of $5.92 billion.
&bull; Atlantic Union Bankshares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AUB#NYSE">AUB</a>) is likely to report quarterly earnings at $0.72 per share on revenue of $181.92 million.
&bull; Invesco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IVZ#NYSE">IVZ</a>) is estimated to report quarterly earnings at $0.39 per share on revenue of $1.09 billion.
&bull; Fiserv (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FI#NYSE">FI</a>) is likely to report quarterly earnings at $1.79 per share on revenue of $4.58 billion.
&bull; NextEra Energy Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEP#NYSE">NEP</a>) is projected to report quarterly earnings at $0.21 per share on revenue of $331.80 million.
&bull; Freeport-McMoRan (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCX#NYSE">FCX</a>) is likely to report quarterly earnings at $0.30 per share on revenue of $5.23 billion.
&bull; Cambridge (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CATC#NASDAQ">CATC</a>) is expected to report quarterly earnings at $1.01 per share on revenue of $38.05 million.
&bull; Webster Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WBS#NYSE">WBS</a>) is projected to report quarterly earnings at $1.42 per share on revenue of $618.43 million.
&bull; Option Care Health (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OPCH#NASDAQ">OPCH</a>) is projected to report quarterly earnings at $0.23 per share on revenue of $1.10 billion.
&bull; Kimberly-Clark (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMB#NYSE">KMB</a>) is likely to report quarterly earnings at $1.62 per share on revenue of $5.08 billion.
&bull; Old National (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ONB#NASDAQ">ONB</a>) is projected to report quarterly earnings at $0.43 per share on revenue of $439.87 million.
&bull; First BanCorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FBP#NYSE">FBP</a>) is estimated to report quarterly earnings at $0.37 per share on revenue of $205.74 million.
&bull; First Commonwealth (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCF#NYSE">FCF</a>) is expected to report quarterly earnings at $0.36 per share on revenue of $119.93 million.
&bull; Sandy Spring Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SASR#NASDAQ">SASR</a>) is estimated to report quarterly earnings at $0.45 per share on revenue of $81.04 million.
&bull; Popular (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BPOP#NASDAQ">BPOP</a>) is expected to report quarterly earnings at $1.89 per share on revenue of $560.41 million.
&bull; Danaher (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DHR#NYSE">DHR</a>) is estimated to report quarterly earnings at $1.71 per share on revenue of $5.62 billion.
&bull; Philip Morris Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PM#NYSE">PM</a>) is likely to report quarterly earnings at $1.41 per share on revenue of $8.46 billion.
&bull; Ryder System (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/R#NYSE">R</a>) is estimated to report quarterly earnings at $1.71 per share on revenue of $3.06 billion.
&bull; LKQ (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LKQ#NASDAQ">LKQ</a>) is likely to report quarterly earnings at $0.95 per share on revenue of $3.77 billion.
&bull; PulteGroup (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PHM#NYSE">PHM</a>) is expected to report quarterly earnings at $2.36 per share on revenue of $3.58 billion.
<h3>Companies Reporting After The Bell</h3>
&bull; Avangrid (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AGR#NYSE">AGR</a>) is projected to report quarterly earnings at $0.73 per share on revenue of $2.63 billion.
&bull; Rush Enterprises (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUSHB#NASDAQ">RUSHB</a>) is likely to report earnings for its first quarter.
&bull; Rush Enterprises (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUSHA#NASDAQ">RUSHA</a>) is projected to report quarterly earnings at $0.82 per share on revenue of $1.88 billion.
&bull; AudioEye (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEYE#NASDAQ">AEYE</a>) is likely to report quarterly loss at $0.08 per share on revenue of $8.03 million.
&bull; Stride (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LRN#NYSE">LRN</a>) is expected to report quarterly earnings at $1.43 per share on revenue of $507.18 million.
&bull; Zurn Elkay Water (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZWS#NYSE">ZWS</a>) is likely to report quarterly earnings at $0.26 per share on revenue of $368.99 million.
&bull; Renasant (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RNST#NYSE">RNST</a>) is projected to report quarterly earnings at $0.62 per share on revenue of $163.60 million.
&bull; KKR Real Estate Finance (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KREF#NYSE">KREF</a>) is expected to report quarterly earnings at $0.38 per share on revenue of $44.35 million.
&bull; Baker Hughes (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKR#NASDAQ">BKR</a>) is expected to report quarterly earnings at $0.40 per share on revenue of $6.38 billion.
&bull; Enphase Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>) is likely to report quarterly earnings at $0.41 per share on revenue of $283.32 million.
&bull; Hanmi Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAFC#NASDAQ">HAFC</a>) is likely to report quarterly earnings at $0.52 per share on revenue of $59.03 million.
&bull; Matador Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTDR#NYSE">MTDR</a>) is likely to report quarterly earnings at $1.47 per share on revenue of $740.47 million.
&bull; Visa (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>) is likely to report quarterly earnings at $2.43 per share on revenue of $8.62 billion.
&bull; Chubb (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CB#NYSE">CB</a>) is likely to report quarterly earnings at $5.34 per share on revenue of $10.29 billion.
&bull; Steel Dynamics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STLD#NASDAQ">STLD</a>) is estimated to report quarterly earnings at $3.43 per share on revenue of $4.73 billion.
&bull; Flushing Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FFIC#NASDAQ">FFIC</a>) is expected to report quarterly earnings at $0.14 per share on revenue of $48.29 million.
&bull; CoStar Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSGP#NASDAQ">CSGP</a>) is estimated to report quarterly earnings at $0.07 per share on revenue of $649.60 million.
&bull; Seagate Tech Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STX#NASDAQ">STX</a>) is projected to report quarterly earnings at $0.27 per share on revenue of $1.67 billion.
&bull; Hawaiian Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HA#NASDAQ">HA</a>) is projected to report quarterly loss at $2.62 per share on revenue of $628.95 million.
&bull; Vicor (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VICR#NASDAQ">VICR</a>) is expected to report quarterly earnings at $0.11 per share on revenue of $84.83 million.
&bull; Veritex Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VBTX#NASDAQ">VBTX</a>) is projected to report quarterly earnings at $0.58 per share on revenue of $109.00 million.
&bull; Artisan Partners Asset (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APAM#NYSE">APAM</a>) is projected to report quarterly earnings at $0.73 per share on revenue of $265.60 million.
&bull; Enova International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ENVA#NYSE">ENVA</a>) is expected to report quarterly earnings at $1.70 per share on revenue of $588.52 million.
&bull; Tesla (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) is likely to report quarterly earnings at $0.51 per share on revenue of $21.27 billion.
&bull; EQT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQT#NYSE">EQT</a>) is likely to report quarterly earnings at $0.66 per share on revenue of $1.63 billion.
&bull; West Fraser Timber (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFG#NYSE">WFG</a>) is likely to report quarterly earnings at $0.26 per share on revenue of $2.01 billion.
&bull; Agree Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADC#NYSE">ADC</a>) is likely to report quarterly earnings at $1.01 per share on revenue of $148.23 million.
&bull; Highwoods Props (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HIW#NYSE">HIW</a>) is projected to report quarterly earnings at $0.90 per share on revenue of $206.78 million.
&bull; Retail Opportunity (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROIC#NASDAQ">ROIC</a>) is likely to report quarterly earnings at $0.26 per share on revenue of $83.82 million.
&bull; Pebblebrook Hotel (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PEB#NYSE">PEB</a>) is likely to report quarterly earnings at $0.15 per share on revenue of $303.41 million.
&bull; Trustmark (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRMK#NASDAQ">TRMK</a>) is estimated to report quarterly earnings at $0.61 per share on revenue of $189.37 million.
&bull; Range Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RRC#NYSE">RRC</a>) is likely to report quarterly earnings at $0.61 per share on revenue of $695.20 million.
&bull; Mattel (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAT#NASDAQ">MAT</a>) is expected to report quarterly loss at $0.13 per share on revenue of $831.06 million.
&bull; EastGroup Props (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EGP#NYSE">EGP</a>) is expected to report quarterly earnings at $2.01 per share on revenue of $152.09 million.
&bull; Manhattan Associates (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MANH#NASDAQ">MANH</a>) is likely to report quarterly earnings at $0.87 per share on revenue of $243.45 million.
&bull; QCR Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCRH#NASDAQ">QCRH</a>) is likely to report quarterly earnings at $1.30 per share on revenue of $58.85 million.
&bull; Wesbanco (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WSBC#NASDAQ">WSBC</a>) is estimated to report quarterly earnings at $0.55 per share on revenue of $116.64 million.
&bull; Premier Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PFC#NASDAQ">PFC</a>) is likely to report quarterly earnings at $0.47 per share on revenue of $52.54 million.
&bull; Canadian National Railway (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNI#NYSE">CNI</a>) is likely to report quarterly earnings at $1.28 per share on revenue of $3.14 billion.
&bull; Veralto (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VLTO#NYSE">VLTO</a>) is expected to report quarterly earnings at $0.76 per share on revenue of $1.22 billion.
&bull; Equity Residential (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQR#NYSE">EQR</a>) is projected to report quarterly earnings at $0.90 per share on revenue of $726.32 million.
&bull; Texas Instruments (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>) is projected to report quarterly earnings at $1.07 per share on revenue of $3.61 billion.
&bull; iShares Frontier and Select EM ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FM#NYSE">FM</a>) is expected to report quarterly loss at $0.06 per share on revenue of $1.06 billion.
&bull; IDEX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IEX#NYSE">IEX</a>) is estimated to report quarterly earnings at $1.75 per share on revenue of $806.94 million.
&bull; Weatherford International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WFRD#NASDAQ">WFRD</a>) is likely to report quarterly earnings at $1.44 per share on revenue of $1.33 billion.
&bull; Bank of N.T Butterfield (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NTB#NYSE">NTB</a>) is estimated to report quarterly earnings at $0.98 per share on revenue of $137.26 million.
&bull; First Busey (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BUSE#NASDAQ">BUSE</a>) is expected to report quarterly earnings at $0.49 per share on revenue of $109.21 million.
&bull; East West Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EWBC#NASDAQ">EWBC</a>) is likely to report quarterly earnings at $1.99 per share on revenue of $577.70 million.
This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.

AEYE

APAM

BANC

BPOP

BUSE

CATC

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DCOM

ENPH

ENVA

EWBC

FFIC

GATX

HAFC

KNSA

KREF

MANH

MTDR

OPCH

PEBO

PFBC

QCRH

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ROIC

RUSHA

RUSHB

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TRMK

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VICR

VLTO

WFRD

WSBC

Earnings Scheduled For April 23, 2024

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Kimberly-Clark (NYSE:<a href="https://investorplace.com/stock-quotes/kmb-stock-quote/">KMB</a>) just reported results for the first quarter of 2024.<ul><li>Kimberly-Clark reported earnings per share of $2.01. This was above the analyst estimate for EPS of $1.63.</li><li>The company reported revenue of $5.15 billion.</li><li>This was 1.16% better than the analyst estimate for revenue of $5.09 billion.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
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	The post <a href="https://investorplace.com/earning-results/2024/04/kmb-stock-earnings-kimberly-clark-for-q1-of-2024/">KMB Stock Earnings: Kimberly-Clark Beats EPS, Beats Revenue for Q1 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

KMB Stock Earnings: Kimberly-Clark Beats EPS, Beats Revenue for Q1 2024

Kimberly-Clark Corporation (KMB) Q1 2024 Management Discussion Transcript

Anna Lizzul, an analyst from Bank of America Securities, reiterated the Sell rating on Kimberly Clark (KMB – Research Report). The associated price...

Underperform Rating Maintained for Kimberly Clark Amid Cost Concerns and Mixed Financial Outlook

Analysts fell to the sidelines weighing in on PepsiCo (PEP – Research Report) and Kimberly Clark (KMB – Research Report) with neutral ratings, indi...

Wall Street Analysts Are Neutral on Top Consumer Goods Picks

In a report released today, Nik Modi from RBC Capital maintained a Hold rating on Kimberly Clark (KMB – Research Report), with a price target of $1...

RBC Capital Sticks to Its Hold Rating for Kimberly Clark (KMB)

Dividend Investing: Only 14 S&P stocks have a 3% yield and have climbed over 10% YTD

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
The stock market has taken a concerning dive in recent weeks, and this downward trajectory may persist&nbsp;going forward, so it&rsquo;s time to consider stocks to buy before a market crash. 



Many investors&nbsp;are gripped&nbsp;by fears that interest rates will remain elevated for an extended period while inflation proves stubbornly resistant to coming down from 40-year highs. These anxieties have only intensified following the <a href="https://www.barrons.com/livecoverage/us-gdp-first-quarter-report">latest GDP report</a>,&nbsp;highlighting&nbsp;an economic slowdown. Specifically, inflation-adjusted gross domestic product grew at a disappointing annualized rate of just 1.6% &mdash; far below expectations of 2.2% growth and a marked deceleration from previous quarters.



Adding to the unease is the fact that we&rsquo;ve experienced a sustained market rally for many months.&nbsp;It&rsquo;s somewhat reminiscent of the frenzied run-up in 2021. This confluence of factors sets the stage for a sizable market correction in the coming months as gravity finally takes hold.



Consequently, it may be prudent for investors to take some profits off the table and shift capital into more stable stocks before redeploying into beaten-down growth plays at cheaper valuations. It&rsquo;s time to make tactical portfolio adjustments and determine the stocks to buy before a market crash.



<h2>Costco (COST)</h2>



<div><img width="300" height="150" src="https://investorplace.com/wp-content/uploads/2017/05/costco-wholesale-corporation-cost-ipsize-300x150.jpg" alt="Costco Stock May Be the Market&rsquo;s Top Recession Pick"><div>Source: Shutterstock</div></div>Costco (NASDAQ:<a href="https://investorplace.com/stock-quotes/cost-stock-quote/">COST</a>) is a company that operates a chain of membership-only big-box warehouse club retail stores. It sells&nbsp;various&nbsp;products, including electronics, computers, furniture, outdoor living items, appliances and jewelry. This company has very sticky demand.&nbsp;This&nbsp;is&nbsp;mostly due&nbsp;to Costco&rsquo;s membership model.



It costs consumers less to buy from Costco due to its bulk selling strategy&nbsp;and&nbsp;membership program.&nbsp;The stock has seen such strong performance in recent months: inflation squeezes people. Costco is up 46% in the past year. This sort of price performance for a retail company is&nbsp;very impressive.



Of course, I do not expect it to keep going up like this&nbsp;soon, but it can be a safe long-term holding to hold your portfolio together during the next downturn. Costco&nbsp;is expected&nbsp;to keep growing EPS at 10% annually and&nbsp;revenue growth at 6.5% annually on average in the coming years. It also yields a modest 0.64% in dividends.



<h2>Coca-Cola (KO)</h2>



<div><img width="300" height="168" src="https://investorplace.com/wp-content/uploads/2014/11/coca-cola-life-ko-stock-300x168.jpg" alt="ko stock coca cola life"><div>Source: Coca-Cola</div></div>There is no need to explain Coca-Cola (NYSE:<a href="https://investorplace.com/stock-quotes/ko-stock-quote/">KO</a>) or what it does to anyone, no matter where they might be from. This company arguably has the most recognizable brand name on the planet. The demand here has been exceptionally sticky through many downturns and recessions. Coca-Cola&rsquo;s products are discretionary only in name.



Many people can&rsquo;t imagine a meal without Coca-Cola, so I see it as more of a staple. It is hard to imagine the company to take a demand hit even during a&nbsp;bad&nbsp;downturn.



Don&rsquo;t expect much gains here either,&nbsp;as&nbsp;the stock has been flat for the past year. However, stability is what matters during a downturn.&nbsp;Coca-Cola has an attractive 3.14% dividend yield you can sit on while the storm passes.&nbsp;Analysts <a href="https://seekingalpha.com/symbol/KO/earnings/estimates">expect mid-single-digit sales growth</a> and slightly higher EPS growth in the coming years.



<h2>Ares Capital (ARCC)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/09/arcc-stock-1-300x169.jpg" alt="Ares Capital (ARCC) logo on its webpage"><div>Source: Pavel Kapysh / Shutterstock.com</div></div>This pick may surprise many&nbsp;as it is not a big or well-established company. However, it has very attractive and stable financials. Ares Capital Corporation (NASDAQ:<a href="https://investorplace.com/stock-quotes/arcc-stock-quote/">ARCC</a>) is a Business Development Company (<a href="https://investorplace.com/stock-quotes/bdc-stock-quote/">BDC</a>) that provides financing solutions to middle-market companies. It offers funding in the form of loans and private equity. Ares Capital has a well-diversified portfolio with lower exposure to some of the riskiest industries&nbsp;than&nbsp;its peers.



Moreover, the company primarily lends to underserved midsize businesses in the U.S. and benefits as high interest rates help it earn even higher returns on its loans. The stock has delivered 16% in gains in the past year,&nbsp;and&nbsp;I see further stable growth&nbsp;down the line. Of course, financial firms will take a hit during a downturn, but I do not think&nbsp;Ares Capital will be hit&nbsp;too badly.&nbsp;It has learned from 2008, recovered&nbsp;very well from the 2020 downturn, and&nbsp;weathered the 2022 correction quite well.



Warren Buffett&rsquo;s New England Asset Management also has a stake in the stock, which boosts my conviction here.



<h2>Procter &amp; Gamble (PG)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/01/shutterstock_1073950868-300x169.png" alt="Procter &amp; Gamble Union Distribution Center. P&amp;G is an American Multinational Consumer Goods Company"><div>Source: Jonathan Weiss / Shutterstock.com</div></div>The company makes many things people use every day. They make things like shampoo, toothpaste, diapers and cleaning products. It has very sticky demand and is one of the best consumer stocks you can buy to add more ballast to your portfolio. It is hard to find an article on stable stocks to buy before a market crash without Procter &amp; Gamble (NYSE:<a href="https://investorplace.com/stock-quotes/pg-stock-quote/">PG</a>) in it. The stock has delivered 54% gains in the past five years and has been on a stable growth trajectory.



Analysts <a href="https://seekingalpha.com/symbol/PG/earnings/estimates">expect revenue growth of around 4% annually</a> going forward, along with EPS growth of around 6%&nbsp;on average. Paying 25 times forward earnings is pretty reasonable, considering you&rsquo;re also getting a 2.47% dividend yield on the stock and an 18% net margin, better than 92% of the company&rsquo;s peers.



<h2>Clorox (CLX)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/03/clx1600-300x169.jpg" alt="Clorox bleach bottles lined up on a store shelf."><div>Source: TY Lim / Shutterstock.com</div></div>Clorox (NYSE:<a href="https://investorplace.com/stock-quotes/clx-stock-quote/">CLX</a>) is another very well-known brand, and why this company&rsquo;s demand is so sticky does not need to be explained. It&rsquo;s another &ldquo;boring&rdquo; pick to shift your profits into to weather the storm. The stock has essentially been flat over the past five years except for the increase in share price in 2021, which was reversed quickly. The current share price makes it more or less fairly valued. You can just buy the stock and sit on its 3.25% dividend yield.



The company also plans to increase advertising moving forward. According to management, the company&rsquo;s advertising spending as a percentage of sales is expected to increase to about 11% in fiscal year 2024 vs from 9% last year to boost sales more. It has a <a href="https://www.gurufocus.com/stock/CLX/summary">fair amount of debt at $3.1 billion</a> that it pays interest on, so rate cuts going forward should also help growth moving forward.



Regardless, any change in growth is unlikely to be notable. This company is very stable, and I expect the shares to remain stable. There shouldn&rsquo;t be any rapid moves to the upside or the downside, barring a major recession, in which case it shouldn&rsquo;t decline too much.



<h2>Kimberly-Clark (KMB)</h2>



<div><img width="300" height="165" src="https://investorplace.com/wp-content/uploads/2017/05/kmbmsn-300x165.jpg" alt="Kimberly Clark Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMB#NYSE">KMB</a>)"><div>Source: Shutterstock</div></div>Kimberly-Clark (NYSE:<a href="https://investorplace.com/stock-quotes/kmb-stock-quote/">KMB</a>) is a competitor to Procter &amp; Gamble. This company makes consumer goods in the personal care sector. However, there are some differences between the two. For example, Procter &amp; Gamble has many brands and products. Also, Procter &amp; Gamble has been able to grow sales and keep costs down better than Kimberly-Clark. This has helped Procter &amp; Gamble stay strong, even when times are tough.



However, it is important to remember that both companies are very stable and can weather downturns excellently compared to most other companies. The stock&rsquo;s performance has not been as good as Procter &amp; Gamble&rsquo;s, but that is somewhat made up by the higher dividend yield at 3.58%. HSBC recently <a href="https://www.investing.com/news/company-news/kimberly-clark-stock-target-raised-on-margin-recovery-93CH-3394769">raised the stock price target</a> for shares of Kimberly Clark to $150 from $146, citing the potential for a margin recovery and benefits from a cost savings program at Kimberly Clark.



<h2>Air Canada (ACDVF)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/08/air-canada-ac-1600-300x169.jpg" alt="image of air canada airplane"><div>Source: Vytautas Kielaitis / Shutterstock</div></div>Airline companies are rarely the most stable and rarely discussed when discussing stocks to buy before a market crash. However, I believe you should look deeper into Air Canada (OTCMKTS:<a href="https://investorplace.com/stock-quotes/acdvf-stock-quote/">ACDVF</a>), as the stock has been beaten down quite a lot and is likely to recover in the coming years as rates come down. The stock has been trading flat at bargain-basement prices, and I do not think it can go down much from here, even during a downturn.



Gurufocus <a href="http://www.gurufocus.com/stock/ACDVF/summary">estimates its fair price value to be</a> $30. You&rsquo;re only paying 3.4 times earnings for the stock. Moreover, the company is paying $150-170 million per quarter on interest expenses, which it can save once rates come down.



It does have a solid cash position at $6.4 billion against $10.3 billion of debt, but the interest pressure on earnings still makes it look bad to Wall Street. Once rates come down, I believe Air Canada can outperform the market while having a margin of safety as earnings grow.



On the date of publication, Omor Ibne Ehsan did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
<div>Omor Ibne Ehsan is a writer at InvestorPlace. He is a self-taught investor with a focus on growth and cyclical stocks that have strong fundamentals, value, and long-term potential. He also has an interest in high-risk, high-reward investments such as cryptocurrencies and penny stocks. You can follow him on <a href="https://www.linkedin.com/in/omor-ibne-ehsan-56068022b/">LinkedIn</a>.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/04/shift-your-gains-to-these-7-stocks-before-the-market-takes-a-dive/">Shift Your Gains to These 7 Stocks Before the Market Takes a Dive</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

Shift Your Gains to These 7 Stocks Before the Market Takes a Dive

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Before considering which stocks to buy if inflation continues, it&rsquo;s good to remember the relationship between&nbsp;inflation and interest rates. The latest reading on CPI and PPI shows that the declining inflation rate may be ramping back up. &nbsp;



The takeaway is that the Fed is less likely to lower interest rates, which puts pressure on equities. But while some stocks will struggle, others are built to shine during rising inflation. These are the companies that deliver the products and services that consumers need to have regardless of what&rsquo;s happening in the economy. &nbsp;



A common trait of these companies is that they are mature companies with a consistent track record of generating positive revenue and earnings. When these companies&rsquo; stock outperforms the market, the companies can pass along that growth to shareholders.



<h2>PepsiCo (PEP)&nbsp;</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/02/pep-pepsico-1600-300x169.png" alt="Pepsi (PEP) Factory in Samara, Russia. Pepsi logo on a blue warehouse."><div>Source: FotograFFF / Shutterstock</div></div>Investors seem to have a lot of reasons to talk down PepsiCo&rsquo;s (NASDAQ:<a href="https://investorplace.com/stock-quotes/pep-stock-quote/">PEP</a>) stock. Until recently, the stock had been lagging behind the broader market due to concerns about declining volume. There was concern over weight-loss drugs eating into the company&rsquo;s earnings. &nbsp;



But inflation is a great equalizer. While it&rsquo;s true that Pepsi has missed on revenue in its last two quarters, earnings are still higher than estimates for the quarter and on a year-over-year basis. &nbsp;



That speaks to pricing power, which investors should be looking for right now. Consumers may be pulling back, but Pepsi products are still getting its share of the consumer wallet. And when you buy PEP stock, you&rsquo;re buying a dividend king with a dividend yield of 2.85% and an annual payout of $4 per share.



Many investors could put Coca-Cola (NYSE:<a href="https://investorplace.com/stock-quotes/ko-stock-quote/">KO</a>) instead of Pepsi. Both stocks are dividend kings that show no sign of putting their respective streaks in danger. However, PEP stock has outperformed KO stock over the last five years by about 43%. &nbsp;



<h2>Kenvue (KVUE)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/04/kenvue-kvue-stock-1600-300x169.jpg" alt="Kenvue (KVUE) logo displayed on smartphone with company website in background"><div>Source: shutterstock.com/T. Schneider</div></div>Kenvue (NYSE:<a href="https://investorplace.com/stock-quotes/kvue-stock-quote/">KVUE</a>) is the consumer products spin-off from Johnson &amp; Johnson (NYSE:<a href="https://investorplace.com/stock-quotes/jnj-stock-quote/">JNJ</a>). When looking at inflation-beating stocks, JNJ would be a solid choice, but Kenvue merits strong consideration.&nbsp;



The company inherited Johnson &amp; Johnson&rsquo;s popular consumer brands, including Tylenol, Listerine, and Band-Aid. Yes, Kenvue also has its parent company&rsquo;s baby powder. Still, it carries none of the settlement costs from the lawsuit settlement after Johnson &amp; Johnson <a href="https://finance.yahoo.com/news/j-js-consumer-unit-named-052043484.html" target="_blank">indemnified Kenvue</a> from any of the talc-related liabilities. &nbsp;



In its first three quarters of reporting as an independent company, Kenvue has posted solid but not spectacular results. However, with many investors having an appetite for <a href="https://investorplace.com/industries/technology/">tech stocks</a> as opposed to <a href="https://investorplace.com/industries/consumer-discretionary/">consumer discretionary stocks</a>, KVUE stock is down 11% in its first year since going public. &nbsp;



But stickier inflation allows the company to remind investors why it&rsquo;s a viable safe-haven stock. And it&rsquo;s association with Johnson &amp; Johnson also grafts the company <a href="https://investorplace.com/2024/04/3-dividend-kings-down-11-youll-regret-not-buying-on-the-dip/" target="_blank">onto the list of dividend kings</a>. And KVUE stock already has a yield of over 4%. &nbsp;



<h2>Kimberly-Clark (KMB)&nbsp;</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/08/kmb-stock-1-300x169.jpg" alt="Kimberly Clark (KMB) sign, positioned outside the world headquarters&rsquo; main entrance."><div>Source: Trong Nguyen / Shutterstock.com</div></div>Kimberly-Clark (NYSE:<a href="https://investorplace.com/stock-quotes/kmb-stock-quote/">KMB</a>) is next up on this list of stocks to buy if inflation continues. And no surprise, the company is another dividend king. The streak is 53 years, counting for Kimberly-Clark, and the dividend has an attractive yield of 3.56%.



Like many consumer products companies, the company has had its ups and downs since 2020, and so has KMB stock. This isn&rsquo;t a high flyer by any means. The stock is up just over 9% in the last five years. But times of high inflation are a boon to defensive stocks. In the month ending April 24, 2024, KMB stock is up 9.2%, pushing the stock higher for the year. &nbsp;



Inflation is also suitable for income investors. Yes, the company is guilty of &ldquo;shrinkflation,<a href="https://investorplace.com/2024/01/3-consumer-stocks-resorting-to-shrinkflation-tactics-signal-to-sell/" target="_blank">&rdquo;</a> which has boosted its bottom line. As a consumer, you hate it. As an investor, you like what higher earnings means for the company&rsquo;s future dividend growth. &nbsp;&nbsp;



<h2>CMS Energy (CMS)&nbsp;</h2>



<a href="https://investorplace.com/wp-content/uploads/2022/09/shutterstock_1784814938-scaled-e1679427565167.jpg"><img width="300" height="145" src="https://investorplace.com/wp-content/uploads/2022/09/shutterstock_1784814938-scaled-e1679427565167-300x145.jpg" alt="A 3D illustration of hydrogen molecules."></a>Utilities are a good place to look for stocks to buy if inflation continues. And a quality stock to consider is CMS Energy (NYSE:<a href="https://investorplace.com/stock-quotes/cms-stock-quote/">CMS</a>) or Consumers Energy. The company operates primarily as a regulated electric and gas utility in Michigan. The company also has a renewable energy business that just announced a partnership with&nbsp;Walmart (NYSE:<a href="https://investorplace.com/stock-quotes/wmt-stock-quote/">WMT</a>). Consumers Energy will provide clean energy to power 44 Walmart locations in Michigan. &nbsp;



The company has come to light on the top line in the last four quarters compared with analyst expectations. However, it&rsquo;s made up for it on the bottom line where it has come in higher year-over-year in each quarter. In the company&rsquo;s first quarter of 2024, the earnings report raised its guidance for the coming year. &nbsp;



Strong earnings are one reason that CMS stock is a favorite of Warren Buffett. The Oracle of Omaha owns company shares through his Berkshire-Hathaway (NSYE:<a href="https://investorplace.com/stock-quotes/brk.b-stock-quote/">BRK.B</a>) hedge fund. &nbsp;



<h2>Altria Group (MO)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/12/shutterstock_1926462137-300x169.png" alt="Altria Group, Inc. (MO) logo of US producer and marketer of tobacco and cigarettes is seen on a mobile phone screen."><div>Source: viewimage / Shutterstock.com</div></div>They may not be right for every portfolio, but sin stocks make great defensive stocks. Altria (NYSE:<a href="https://investorplace.com/stock-quotes/mo-stock-quote/">MO</a>) is one of the world&rsquo;s leading cigarette manufacturers, and the company has been increasingly moving into smokeless products (e.g., vapes). No matter your personal feelings about these products, there&rsquo;s no denying that Altria has a significant market share that will only grow. &nbsp;



However, a more compelling reason to buy MO stock while inflation is still firmly entrenched is the company&rsquo;s dividend, which currently has a 9% yield. Like many stocks on this list, Altria is a dividend king that has increased its dividend for 55 consecutive years. &nbsp;



After a rough 2023, investors may get the message on MO stock. The stock is up more than 7% as of April 25, 2024. And with the stock still down 5% in the last 12 months, there&rsquo;s plenty of stock price appreciation to go along with that dividend. &nbsp;



<h2>Albertson&rsquo;s (ACI)&nbsp;</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/08/shutterstock_2146418893-300x169.jpg" alt="ACI stock: the Albertsons logo on the side of a building."><div>Source: Tada Images / Shutterstock</div></div>If you don&rsquo;t do the grocery shopping in your home, you may not appreciate what a savvy Albertson&rsquo;s (NYSE:<a href="https://investorplace.com/stock-quotes/aci-stock-quote/">ACI</a>) may be. With inflation exacting a stiff price on grocery bills, retail grocery chains have to give consumers a reason beyond price to visit their stores.&nbsp;



The company instituted a loyalty program that is showing strong YOY growth. It&rsquo;s also making advancements in its digital marketing program including online ordering with both home delivery and curbside pickup options. &nbsp;



These programs have allowed Albertson&rsquo;s to have a consistent top line. However, as is the case with many stocks on this list, the real story is robust bottom line growth. And while Albertson&rsquo;s is not a dividend king, it does pay a respectable dividend with a yield of 2.41%.



ACI stock is down 13% in 2024, some of which is because the regulators still decide if they&rsquo;ll allow the company&rsquo;s proposed merger with Kroger (NYSE:<a href="https://investorplace.com/stock-quotes/kr-stock-quote/">KR</a>). More will be known in August, but that would also be a catalyst for the stock. &nbsp;&nbsp;



<h2>Genuine Parts Company (GPC)&nbsp;</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/04/gpc1600-300x169.jpg" alt="Hands holding a smartphone with the Genuine Parts (GPC) logo displayed."><div>Source: Piotr Swat / Shutterstock.com</div></div>There are two solid cases for making Genuine Parts Company (NYSE:<a href="https://investorplace.com/stock-quotes/gpc-stock-quote/">GPC</a>) one of your stocks to buy if inflation continues. On its earnings call in April, the company acknowledged that it continues to be affected by inflation and higher interest rates. &nbsp;



But inflation cuts both ways. Many consumers are being priced out of newer vehicles. Or, in some cases, they find that dealers lack the models (i.e., traditional ICE vehicles) they may prefer. &nbsp;



This creates a situation where consumers try to keep their existing vehicles around for as long as possible. And the latest reading of the CPI showed that auto parts were one area where inflation was the stickiest. &nbsp;



The second reason is that Genuine Parts is yet another <a href="https://investorplace.com/2024/03/7-dividend-kings-that-offer-more-than-just-a-pretty-dividend/" target="_blank">dividend king</a> on this list. The company recently made it 69 consecutive years of increasing dividends. The yield of 2.51% is fairly average. However, the payout ratio of 44% easily supports future growth, particularly when analysts forecast high single-digit earnings growth in the next 12 months. &nbsp;



On the date of publication, Chris Markoch did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com <a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.&nbsp;




<div>Chris Markoch is a freelance financial copywriter who has been covering the market for over five years. He has been writing for InvestorPlace since 2019.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/04/7-stocks-to-buy-if-inflation-continues-to-be-a-problem-in-2024/">7 Stocks to Buy if Inflation Continues to Reign in 2024 </a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

7 Stocks to Buy if Inflation Continues to Reign in 2024

16 High-Yield Dividend Aristocrats Yielding Almost 5%

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Investors rarely have a reason to ignore Dividend Aristocrat stocks. That&rsquo;s doubly true today with inflation remaining stubbornly high.&nbsp;



Over the last three months inflation has clocked in at 3.1%, 3.2%, <a href="https://www.statista.com/statistics/273418/unadjusted-monthly-inflation-rate-in-the-us/">and 3.5% most recently</a> in March. Fortunately, several of the dividend aristocrats include yields that effectively negate current inflation rates.&nbsp;



That&rsquo;s the point of this article. All of the Dividend Aristocrats are expected to outpace inflation through overall growth. However, those discussed below outpace or negate inflation through their dividends alone.&nbsp;



Combine that truth with their steady, strong nature and it&rsquo;s easy to see why investors often prefer the stock grouping. 25 plus consecutive years of dividend increases and growth throughout that period is a potent combination. Let&rsquo;s take a look at those companies and what they offer investors.



<h2>Dividend Aristocrat Stocks: Altria (MO)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/12/shutterstock_1926462137-300x169.png" alt="Altria Group, Inc. (MO) logo of US producer and marketer of tobacco and cigarettes is seen on a mobile phone screen."><div>Source: viewimage / Shutterstock.com</div></div>Altria (NYSE:<a href="https://investorplace.com/stock-quotes/mo-stock-quote/">MO</a>) is arguably the most at risk of the Dividend Aristocrat stocks discussed here. The reason is very simple: Altria includes a 9% dividend and operates within the waning&nbsp; tobacco industry.&nbsp;



Generally speaking, a 9% dividend is unsustainable and would normally be subject to cuts at any moment. Nevertheless, Altria looks very sustainable based on its dividend. Investors should expect the company to continue paying it for at least a few years.



Altria&rsquo;s payout ratio is 0.78. That means 78% of earnings dividend payments. It is a somewhat high but still manageable percentage. Recent moves suggest the company is in little danger. Altria <a href="https://www.barrons.com/articles/altria-sale-anheuser-busch-stock-a6586ecb">recently sold 18% of its stake</a> in Anheuser-Busch Inbev (NYSE:<a href="https://investorplace.com/stock-quotes/bud-stock-quote/">BUD</a>) allowing it to boost its repurchase plan.&nbsp;



Altria will increase its buyback plan from a total of $1 billion to $2.4 billion. That&rsquo;s important because it will allow the company to spend less on dividend payments as it retires more stock. In turn, that will lower the payout ratio to a degree making MO shares that much more attractive.&nbsp; The company will continue to grapple with the new tobacco landscape over the coming years. its success there will dictate its longer term trajectory. For the moment, the company is strong and includes a very high yield dividend.



<h2>Archer Daniels Midland (ADM)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/10/healthy-food-300x169.jpg" alt="BSFC Stock. Healthy food including salmon, almonds, garlic, broccoli, avocado, and lettuce"><div>Source: Shutterstock.com</div></div>Investors who&rsquo;ve been following Archer Daniels Midland (NYSE:<a href="https://investorplace.com/stock-quotes/adm-stock-quote/">ADM</a>) know that there is good news and bad news surrounding the company. That news has negatively affected its stock. It also sets up a rebound situation that&rsquo;s worth exploring.



That potential rebound situation is the good news for Archer Daniels Midland. The bad news is that the company continues to deal with the fallout from an investigation into accounting practices in its nutrition business. The good news is that its dividend does outpace inflation at 3.25% and that the repercussions of that investigation <a href="https://investorplace.com/2024/04/3-dividend-kings-down-11-youll-regret-not-buying-on-the-dip/">will likely be limited</a>.



The reason to believe so is that the company is cooperating with The SEC and the Justice Department. It has had to restate 6 years of profits from within its nutrition business. The company is essentially admitting a fault and has placed its CEO on leave. The likely outcome is penalties.



That sets up a situation in which ADM shares can rebound as the company moves past&nbsp; this current negative stage.&nbsp;



<h2>Dividend Aristocrat Stocks: Kimberly-Clark (KMB)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/08/kmb-stock-1-300x169.jpg" alt="Kimberly Clark (KMB) sign, positioned outside the world headquarters&rsquo; main entrance."><div>Source: Trong Nguyen / Shutterstock.com</div></div>Kimberly-Clark (NYSE:<a href="https://investorplace.com/stock-quotes/kmb-stock-quote/">KMB</a>) is a solid, strongly performing company at the moment. That&rsquo;s probably the best reason to consider buying it right now. The fact that it also includes a dividend yielding 3.5% is arguably the icing on the cake.



<a href="https://investorplace.com/earning-results/2024/04/kmb-stock-earnings-kimberly-clark-for-q1-of-2024/">First quarter earnings and revenues</a> were better than expected from Kimberly-Clark. The $5.15 billion of revenues the company reported were 1.16% better than anticipated. Earnings of $2.01 were much better than the $1.63 Wall Street had been expecting.



The strong report has allowed the company to lift its annual forecast. It continues to see steady demand for its higher priced personal care products. It seems that inflation has done little to slow demand, at least as it relates to Kimberly-Clark.



Although inflation remains elevated, coming in at 3.5% in march, the company appears to be well insulated. KMB shares also include a 3.5% dividend which is another reason to consider buying.&nbsp;



<h2>Chevron (CVX)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/03/cvx1600-300x169.jpg" alt="Chevron logo on blue sign in front of skyscraper building"><div>Source: Jeff Whyte / Shutterstock.com</div></div>Chevron (NYSE:<a href="https://investorplace.com/stock-quotes/cvx-stock-quote/">CVX</a>) stock is very interestingly positioned at the moment due to multiple factors.



Inflation remains elevated. Generally speaking, that&rsquo;s a net negative for oil producers. The higher inflation rises the more likely an economic slowdown becomes. In turn, that slowing economy consumes less oil, driving demand and prices lower.



However, there&rsquo;s an ongoing conflict in the Middle East that balances out the current threat of&nbsp; persistent inflation as it relates to oil prices. That continues to make Chevron stock highly intriguing. The inflation slows the economy thus the oil demand argument doesn&rsquo;t exactly hold here. CVX shares also include a dividend yielding approximately 4%. That strengthens the argument for investing even as inflation remains above 3%.&nbsp;



2024 has already proven the strength of the energy sector. <a href="https://investorplace.com/industries/energy/oil/">Oil stocks</a> in particular have performed very well. They&rsquo;ve outpaced the S&amp;P 500 so far. The energy sector is one of the best to consider at this point. It, along with artificial intelligence (AI), are going to continue commanding headline space for the time being. Chevron is a strong choice for those reasons and more.&nbsp;



<h2>Dividend Aristocrat Stocks: AbbVie (ABBV)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/01/abbv1600-300x169.png" alt="Closeup of AbbVie (ABBV) building corporate office, an American biopharmaceutical company with its headquarters in Lake Bluff, Illinois, USA"><div>Source: Valeriya Zankovych / Shutterstock.com</div></div>AbbVie (NYSE:<a href="https://investorplace.com/stock-quotes/abbv-stock-quote/">ABBV</a>) stock is moving again toward a period of strength after a period of significant instability. That instability was primarily due to Humira coming off patent and repercussions related thereto.



AbbVie has managed to navigate that period well. It has emerged successful on the other side. Humira anchored the company&rsquo;s Immunology portfolio. The company has long prepared for its eventual decline. Successor drugs including Rinvoq and Skyrizi now appear prepared to fill the void. The company continues to <a href="https://www.fiercepharma.com/pharma/amid-humira-trough-abbvie-dials-rinvoq-and-skyrizi-sales-goals-combined-27b">increase its forecast</a> for their future revenue potential.



In my mind it points to brighter days ahead for the company. One particular concern surrounding AbbVie is that <a href="https://www.gurufocus.com/stock/ABBV/analysis/warning-signs">asset growth outpaced revenue growth</a> over the past five years. The company has been in acquisition mode in order to find new sources of revenue to replace Humira&rsquo;s decline. Now that things are improving, the company should improve in that regard. The company is more secure and has overcome the Humira hurdle which will allow it to focus on improving efficiency rather than finding new revenue sources. It&rsquo;s 3.7% dividend makes it an inflation beater to boot.



<h2>Stanley Black &amp; Decker (SWK)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/08/swk1600-300x169.png" alt="Stanley Black and Decker (SWK) is a manufacturer of industrial tools and household hardware and provider of security products"><div>Source: ricochet64 / Shutterstock.com</div></div>Investors should buy Stanley Black &amp; Decker (NYSE:<a href="https://investorplace.com/stock-quotes/swk-stock-quote/">SWK</a>)&nbsp;stock at the moment because it will help them beat inflation. They should hold it because it has massive potential to appreciate in price.



The 3.6% dividend the company pays outpaces current inflation. That dividend payment is secure based on a free cash flow payout ratio of 56%. Investors should essentially feel secure despite the fact that the company did suffer an earnings loss in 2023.&nbsp;



Mortgages remain high which is stunting demand for the tools that the company sells. Share prices have basically declined by 50% since late 2022. However, there will be a rebound and Stanley Black &amp; Decker will continue to pay a dividend in the meantime. Its FCF payout ratio is a strong indicator of that notion.&nbsp;



Shares are essentially deeply discounted at present due to housing market issues. Absent a complete collapse, Stanley Black &amp; Decker will continue to represent a strong rebound play currently beating inflation through its dividend.



<h2>Coca-Cola (KO)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/02/coke-stock-1-300x169.jpg" alt="The website for Coca-Cola Consolidated (COKE) displayed on a smartphone screen."><div>Source: IgorGolovniov / Shutterstock.com</div></div>Coca-Cola (NYSE:<a href="https://investorplace.com/stock-quotes/ko-stock-quote/">KO</a>) is well known to be a company that thrives throughout the various stages of market cyclicality. Even the most bearish investors agree, Coca-Cola stock is a strong choice in the worst of times.



Thus, investors who are currently worried about inflation reigniting economic concerns should consider KO shares. Those shares include a dividend yielding 3.2%, roughly negating the current effects of inflation.&nbsp;



The other truth is that Coca-Cola is primarily a set-it-and-forget-it type of investment. Over the last 15 years it has essentially tripled in price. It has also steadily improved over that time frame with the exception of the pandemic onset. Anyway, very few investors would have bought KO shares at the moment it fell off a cliff. Even so, those who did, are up today.



Coca-Cola is a well-known defensive stock. Investors who are worried are leaning defensive right now, making KO shares attractive for that reason. In short, there are multiple narratives favoring investment in KO outside of its ability to outpace inflation through its dividend.



On the date of publication, Alex Sirois did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/"> Publishing Guidelines</a>.
<div>Alex Sirois is a freelance contributor to InvestorPlace whose personal stock investing style is focused on long-term, buy-and-hold, wealth-building stock picks. Having worked in several industries from e-commerce to translation to education and utilizing his MBA from George Washington University, he brings a diverse set of skills through which he filters his writing.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/04/inflation-proof-fortunes-7-dividend-aristocrats-to-keep-your-wealth-growing/">Inflation-Proof Fortunes: 7 Dividend Aristocrats to Keep Your Wealth Growing</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

Inflation-Proof Fortunes: 7 Dividend Aristocrats to Keep Your Wealth Growing

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