#2 - Kimberly-Clark (NYSE:KMB)
Kimberly-Clark Corporation (NYSE: KMB) is another low beta stock that falls in the category of consumer staples stocks. Like General Mills, Kimberly-Clark is the home of many iconic household brands in the area of personal care.
KMB stock has been a tougher hold for long-term investors, posting a gain of just 7.62% in the last five years. Earnings aren’t the concern. In the company’s 2023 fiscal year, earnings came in 16.6% higher year-over-year. This is despite a company like Kimberly-Clark facing more pressure from house brands on grocery shelves.
A stock like KMB will also struggle at times of sector rotation. In the past five years, consumer staples stocks have fallen out of favor as investors chased the latest hot trend, such as artificial intelligence stocks as was the case in 2023. However, long-term investors continue to be rewarded by this dividend king that has a yield of 3.61% and has increased its dividend in each of the last 53 years.
About Kimberly-Clark
Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care and consumer tissue products in the United States. It operates through three segments: Personal Care, Consumer Tissue, and K-C Professional. The company's Personal Care segment offers disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, reusable underwear, and other related products under the Huggies, Pull-Ups, Little Swimmers, GoodNites, DryNites, Sweety, Kotex, U by Kotex, Intimus, Thinx, Poise, Depend, Plenitud, Softex, and other brand names.
Read More - Current Price
- $131.32
- Consensus Rating
- Hold
- Ratings Breakdown
- 6 Buy Ratings, 7 Hold Ratings, 2 Sell Ratings.
- Consensus Price Target
- $149.93 (14.2% Upside)
