Dernières nouvelles pour Kimberly-Clark (NYSE:KMB) Stock

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, PullUps, 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.

Kimberly-Clark Corp

KAMBI GROUP LTD ORD B by Kambi Group LTD.

Kambi Group PLC

KIMBERLY CLARK ORD

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 $135 to $144.

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Price Target

Analyst Ratings

Barclays Maintains Equal-Weight on Kimberly-Clark, Raises Price Target to $144

8 analysts have shared their evaluations of Kimberly-Clark (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMB#NYSE">KMB</a>) during the recent three months, expressing a mix of bullish and bearish perspectives.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
<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;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</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;">1</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;">0</td>
<td style="text-align: right;">1</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;">0</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;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
The 12-month price targets, analyzed by analysts, offer insights with an average target of $145.12, a high estimate of $165.00, and a low estimate of $134.00. This upward trend is apparent, with the current average reflecting a 3.24% increase from the previous average price target of $140.57.
<img src="https://www.benzinga.com/files/images/story/2024/1728658863_0.png" alt="price target chart" />
<h2>Decoding Analyst Ratings: A Detailed Look</h2>
The analysis of recent analyst actions sheds light on the perception of Kimberly-Clark by financial experts. The following summary presents 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>Andrea Teixeira</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Underweight</td>
<td>$142.00</td>
<td>$137.00</td>
</tr>
<tr>
<td>Steve Powers</td>
<td>Deutsche Bank</td>
<td>Raises</td>
<td>Hold</td>
<td>$147.00</td>
<td>$146.00</td>
</tr>
<tr>
<td>Steve Powers</td>
<td>Deutsche Bank</td>
<td>Raises</td>
<td>Hold</td>
<td>$142.00</td>
<td>$139.00</td>
</tr>
<tr>
<td>Nik Modi</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$165.00</td>
<td>$165.00</td>
</tr>
<tr>
<td>Chris Carey</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$134.00</td>
<td>$138.00</td>
</tr>
<tr>
<td>Robert Moskow</td>
<td>TD Cowen</td>
<td>Announces</td>
<td>Buy</td>
<td>$161.00</td>
<td>-</td>
</tr>
<tr>
<td>Andrea Teixeira</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Underweight</td>
<td>$135.00</td>
<td>$123.00</td>
</tr>
<tr>
<td>Lauren Lieberman</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$135.00</td>
<td>$136.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Kimberly-Clark. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Gaining insights, analysts provide 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: Analysts provide insights into price targets, offering estimates for the future value of Kimberly-Clark's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
To gain a panoramic view of Kimberly-Clark's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using 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>Get to Know Kimberly-Clark Better</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, PullUps, 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>A Deep Dive into Kimberly-Clark's Financials</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.
Negative Revenue Trend: Examining Kimberly-Clark's financials over 3 months reveals challenges. As of 30 June, 2024, the company experienced a decline of approximately -2.05% in revenue growth, reflecting a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Consumer Staples sector.
Net Margin: Kimberly-Clark's net margin excels beyond industry benchmarks, reaching 10.82%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Kimberly-Clark's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 49.91%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): Kimberly-Clark's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 3.17% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 7.01.
<h2>Analyst Ratings: Simplified</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
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.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Peeling Back The Layers: Exploring Kimberly-Clark Through Analyst Insights

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 $137 to $142.

JP Morgan Maintains Underweight on Kimberly-Clark, Raises Price Target to $142

Deutsche Bank analyst Steve Powers 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 $147.

Deutsche Bank Maintains Hold on Kimberly-Clark, Raises Price Target to $147

McCormick &amp; Company, Incorporated (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mkc#NYSE">MKC</a>) reported solid third-quarter fiscal 2024 results, wherein the top and bottom lines beat the Zacks Consensus Estimate, and earnings increased year over year.
The company achieved a significant milestone by delivering overall global positive volume growth in the quarter, indicating improving trends across both business segments. The momentum is expected to carry into the fourth quarter. In the Consumer segment, MKC recorded solid volume growth despite facing a challenging macroeconomic environment in China. Meanwhile, in the Flavor Solutions segment, sequential volume improvements were realized, driven by strong growth in Branded Foodservice.
Management continues to bolster its position across major markets and core categories by focusing on growth levers such as brand marketing, product and packaging innovation, category management and proprietary technology. The company expects its cost-saving initiatives to help fund future investments and drive operating margin expansion. The year-to-date results, combined with strategic growth plans, reinforce confidence in achieving the mid-to-high range of projected sales growth for 2024.
<div class="chart_embed">
<h3>McCormick &amp; Company, Incorporated Price, Consensus and EPS Surprise 
<img alt="McCormick &amp; Company, Incorporated Price, Consensus and EPS Surprise" src="https://staticx-tuner.zacks.com/images/charts/ae/1727790166.png" style="height:265px; width:576px" title="" /></h3>
McCormick &amp; Company, Incorporated price-consensus-eps-surprise-chart | McCormick &amp; Company, Incorporated Quote
</div>
<h2>MKC&#39;s Quarterly Performance: Key Metrics and Insights</h2>
Adjusted earnings of 83 cents per share increased from 65 cents reported in the year-ago quarter. The metric came above the Zacks Consensus Estimate of 68 cents per share, representing a surprise of 22.1%. The year-over-year upside can be attributed to greater operating profit, the timing of a specific tax benefit and increased income from unconsolidated operations, fueled by robust performance from McCormick de Mexico, the company&#39;s largest joint venture.
This global leader in flavor generated sales of $1,679.8 million, flat year over year, including minimum impacts from currency movements. Impacts from the company&#39;s strategic decision to divest its canning business were offset by a 1% increase in volume backed by the Consumer segment, somewhat negated by pricing. The top line exceeded the Zacks Consensus Estimate of $1,664 million.
McCormick&#39;s gross profit margin expanded 170 basis points. The upside can be attributed to improved mix and cost savings from the Comprehensive Continuous Improvement&nbsp;program.
The adjusted operating income came in at $288 million, up 15% year over year, reflecting gross margin expansion and reduced SG&amp;A expenses.
<h2>Decoding MKC&#39;s Segmental Performance</h2>
Consumer: Sales remained flat year over year at $937.4 million, with a negligible impact on currency movements. Sales were hurt by a 1% decline from pricing actions, offset by 1% volume growth. Volume growth in the Americas and the Europe, Middle East, and Africa (&quot;EMEA&quot;) regions was partly negated by declines in the Asia-Pacific region (APAC). Sales remained flat year over year in the Americas while moving up 3% in the EMEA region. Segment sales dipped 1% in the APAC.
Flavor Solutions: Sales in the segment inched down 1% to $742.4 million. On a constant-currency basis, sales were flat year over year as a 1% rise in pricing was countered by the company&#39;s strategic move to sell off its canning business. Flavor Solutions&#39; sales in the Americas grew 2%. Flavor Solutions&#39; sales in the EMEA fell by 8%. Sales in the APAC market fell 1% year over year.
<h2>MKC&#39;s Financial Health Snapshot</h2>
McCormick exited the quarter with cash and cash equivalents of $200.8 million, long-term debt of $3,343.1 million and total shareholders&#39; equity of $5,451 million. In the nine months ended Aug. 31, 2024, net cash provided by operating activities was $463.2 million.
<h2>What to Expect From MKC in 2024?</h2>
For fiscal 2024, McCormick is focused on strengthening its volume trends and prioritizing investments to fuel profits. The company&#39;s CCI and Global Operating Effectiveness programs are driving growth investments and operating margin expansion. Management anticipates currency movements to have a minimal impact on 2024 results.
For 2024, management expects sales to range between a 1% decline and 1% growth, including minimal currency impacts. The company anticipates witnessing a favorable impact of pricing actions undertaken in the prior year. Volume trends are likely to improve due to solid brands and targeted investments. However, its decision to discontinue the low-margin business and sell the canning business is likely to put some pressure on volume during 2024.
Management expects adjusted operating income to grow 4-6%, including minimal currency impacts. This is likely to be driven by gross margin expansion, somewhat offset by a major rise in brand marketing investments.
Management envisions 2024 adjusted EPS in the band of $2.85-$2.90, which suggests a 5-7% increase from the year-ago period, including minimal currency impacts. On a GAAP basis, McCormick projects 2024 earnings in the range of $2.81- $2.86 per share compared with the year-ago period figure of $2.52.
This Zacks Rank #2 (Buy) stock has rallied 17.2% in the past three months compared with the industry&#39;s growth of 8.8%.
<h2>Other Top Staple Stocks</h2>
Here, we have highlighted three other top-ranked consumer staple stocks &mdash; The Chef&#39;s Warehouse (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/chef#NASDAQ">CHEF</a>), Flowers Foods (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/flo#NYSE">FLO</a>) and Kimberly-Clark Corporation&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/kmb#NYSE">KMB</a>).
The Chef&#39;s Warehouse, which engages in the distribution of specialty food products, currently sports a Zacks Rank #1 (Strong Buy).
CHEF has a trailing four-quarter earnings surprise of 33.7%, on average. The Zacks Consensus Estimate for The Chef&#39;s Warehouse&#39;s current fiscal year sales and earnings indicates growth of 9.7% and 12.6%, respectively, from the year-ago reported numbers.
Flowers Foods, one of the largest producers of packaged bakery foods in the United States, currently carries a Zacks Rank #2. FLO has a trailing four-quarter earnings surprise of 1.9%, on average.
The Zacks Consensus Estimate for Flowers Foods&#39; current financial-year sales and earnings implies growth of around 1% and 5%, respectively, from the year-ago reported numbers.
Kimberly-Clark is a personal care and consumer tissue product company that currently carries a Zacks Rank of 2.
The Zacks Consensus Estimate for Kimberly-Clark&#39;s current fiscal-year earnings indicates an advancement of 10.4% from the year-ago reported figure. KMB has a trailing four-quarter earnings surprise of 12.6%, on average.
<a href="https://www.zacks.com/stock/news/2344136/mccormick-q3-earnings-top-estimates-mkc-volumes-improve-y-y?cid=CS-BENZ-FT-analyst_blog|earnings_article-2344136">To read this article on Zacks.com click here.</a>

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McCormick Q3 Earnings Top Estimates, MKC Volumes Improve Y/Y

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Kimberly-Clark Is Said To Mull Options For International Tissue Business; Says Review At Early Stage, May Not Lead To Deal

<ul>
<li>New TCT agreements contribute to supporting America's clean energy transition through tax credit transferability under the Inflation Reduction Act (IRA).</li>
<li>Projects are helping to pave the way for additional investments from the voluntary market to support developers fostering renewable energy projects.</li>
<li>Through strategic guidance from Schneider Electric, Kimberly-Clark will fund four new battery energy storage projects, demonstrating its support of critical grid resiliency.</li>
</ul>
BOSTON, Sept. 23, 2024 /PRNewswire/ -- <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4260781-1&amp;h=1845358604&amp;u=https%3A%2F%2Fwww.se.com%2Fus%2Fen%2F&amp;a=Schneider+Electric">Schneider Electric</a>,&nbsp;the global leader in the digital transformation of energy management and automation, today announced having facilitated several new TCT deals by <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4260781-1&amp;h=3439761111&amp;u=https%3A%2F%2Fwww.kimberly-clark.com%2Fen-us&amp;a=Kimberly-Clark">Kimberly-Clark</a> Corporation, one of the world's leading manufacturers of personal care and hygiene products and owner of household brands such as Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, and WypAll.
Since 2016, Schneider Electric has served as a strategic advisor to Kimberly-Clark in the manufacturer's ambitious decarbonization goals. These include a commitment to reduce absolute GHG emissions by 50% (1) by 2030 and progressing towards 100% renewable electricity in North America by 2030.
Most recently, Schneider Electric acted as a strategic advisor to Kimberly-Clark to help fund multiple battery energy storage projects as part of the rapid energy transition to green America's grid. These TCT deals represent one of the many approaches Kimberly-Clark is taking to advance sustainable solutions. The projects also serve as leading examples of how the voluntary market can support developers fostering key projects using the IRA's new tax credit transferability mechanism.
The work on these collective projects supports the advancement of battery energy storage in the Texas, USA, region, aligned with Kimberly-Clark's support of the green transition in renewable energy storage and generation. Kimberly-Clark's current vPPAs produce clean power from wind in Texas, which makes up <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4260781-1&amp;h=320883471&amp;u=https%3A%2F%2Fwww.epa.gov%2Fgreenpower%2Fgreen-power-partnership-national-top-100&amp;a=40%25+of+its+total+electricity+use+by+U.S.+operations+in+renewable+energy">40% of its total electricity use by U.S. operations in renewable energy</a> that Schneider Electric has advised on.
Details of the new Investment Tax Credit Transfer agreements include:
<ul>
<li>A $82.5M TCT agreement, a 180 MW battery energy storage facility</li>
<li>A $68M TCT agreement, a 100 MW battery energy storage facility</li>
<li>A $55M TCT agreement, a 100 MW battery energy storage project
<ul>
<li>A $32M TCT agreement, a 100MW battery energy storage facility</li>
</ul>
</li>
</ul>

Schneider Electric & Kimberly-Clark Announce Tax Credit Transfer Agreements To Advance Grid Resiliency

The FDA is addressing concerns about tampon safety following a 2024 study that discovered metals in tampons during laboratory testing.
Some of the tampon makers include Procter &amp; Gamble Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PG#NYSE">PG</a>), Johnson &amp; Johnson (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JNJ#NYSE">JNJ</a>), Edgewell Personal Care (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EPC#NYSE">EPC</a>), and Kimberly-Clark Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMB#NYSE">KMB</a>).
A&nbsp;<a target="_blank" href="https://www.sciencedirect.com/science/article/pii/S0160412024004355" rel="noreferrer noopener">study</a> published in July&nbsp;found a variety of metals, including arsenic, &nbsp;cadmium, and lead, in more than&nbsp;a dozen brands of tampons.
The researchers said they evaluated the concentrations of 16 metal(loid)s in 30 tampons from 14 tampon brands and 18 product lines.
The FDA reassured the public that all tampons must meet strict safety and effectiveness requirements before they can be legally sold in the U.S. Tampon manufacturers are required to conduct thorough tests of their products and component materials throughout the manufacturing process.
This includes pre-market biocompatibility testing, which the FDA evaluates.
While the study identified the presence of metals in certain tampons, it did not examine whether these metals are released during use or absorbed by the vaginal lining, nor did it explore the potential for metals entering the bloodstream.
In response, the FDA has <a target="_blank" href="https://www.fda.gov/medical-devices/medical-device-regulatory-science-research-programs-conducted-osel/biocompatibility-and-toxicology-program-research-medical-devices-biocompatibility-and-toxicology" rel="noreferrer noopener">launched</a> two initiatives to investigate the issue further.
<ul>
<li>First, the FDA has commissioned an independent review of the available literature on tampon safety. This review aims to enhance the agency&#8217;s understanding of existing data on the chemicals found in tampons and any associated health risks.</li>
<li>Second, the FDA has begun its internal laboratory study to measure how much metals are released from tampons under conditions mimicking typical use.</li>
</ul>
The findings from these studies will contribute to a comprehensive risk assessment of metal exposure from tampons. The FDA plans to share the results of its literature review and lab tests with the public once they have been peer-reviewed.
Additionally, the FDA emphasized that it will continue to monitor tampon safety as part of its total product lifecycle approach to medical devices.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Read Next:
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Photo by Klymenko Mariia via shutterstock

Health Care

Media

General

Metals in Tampons: FDA Initiates New Safety Measures and Testing

FEMY

FDA Says Aware Of Concerns About Tampon Safety After A 2024 Study Found Metals In Tampons During Laboratory Testing; Commissioned An Independent Literature Review & Initiated An Internal Bench Laboratory Study To Evaluate Metals In Tampons

Retail sales in the United States inched up 1% sequentially in July 2024, following a downwardly revised 0.2% drop in June and way better than forecasts of a 0.3% gain. It is the biggest increase since January 2023, with sales at motor vehicle and part dealers rising the most (3.6%), followed by sales at electronics and appliance stores (1.6%).
Barring sales of food services, auto dealers, building materials stores and gasoline stations, sales rose 0.3%, compared to 0.9% in June and forecasts of 0.1%. Below we highlight a few areas and the related ETFs &amp; stocks that may benefit handsomely from the retail sales.
<h3>Winning Areas</h3>
Electronics &amp; Appliance Stores
Sales gained 1.6% sequentially in July and 5.2% year over year. Rise in electronics sales should boost semiconductor funds and stocks.
VanEck Vectors Semiconductor ETF (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/smh#NASDAQ">SMH</a>) &ndash; The underlying MVIS US Listed Semiconductor 25 Index tracks the overall performance of companies involved in semiconductor production and equipment. The fund charges 35 bps in fees.
Best Buy (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bby#NYSE">BBY</a>) &ndash; As far as stocks are concerned, investors can take a look at BBY. It is a multinational specialty retailer of consumer electronics, home office products, entertainment software, communication, food preparation, wellness, health, security, appliances and related services. The fund has a Zacks Rank #2 (Buy).
Healthcare &amp; Personal Care Stores
Sales gained 0.8% sequentially in July and 3.4% year over year.
Consumer Staples Select Sector SPDR ETF (ARCA:XLP) &ndash; The underlying Consumer Staples Select Sector Index seeks to provide an effective representation of the consumer staples sector of the S&amp;P 500 Index. The fund charges 9 bps in fees.
KimberlyClark (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/kmb#NYSE">KMB</a>) &ndash; Kimberly-Clark Corporation is principally engaged in the manufacture and marketing of a wide range of consumer products around the world. The company sells its products to supermarkets; mass merchandisers; drugstores; warehouse clubs; variety and department stores; retail outlets; manufacturing, lodging, office building, food service, and health care establishments; and high-volume public facilities. The fund has a Zacks Rank #3.
Food &amp; Beverage Stores
Sales gained 0.9% sequentially in July and 2.9% year over year.
Fidelity MSCI Consumer Staples Index ETF (ARCA:FSTA) &ndash; The underlying MSCI USA IMI Consumer Staples Index represents the performance of the consumer staples sector in the U.S. equity market. The fund charges 8 bps in fees.
Pilgrim&#39;s Pride (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ppc#NASDAQ">PPC</a>) &ndash; Pilgrim&#39;s Pride Corporation is focusing on strengthening its Prepared Foods category. The category grew in the United States during the fourth quarter of 2019 on continued investments in R&amp;D and sales as well as marketing of new product innovations. Also, the company has been increasing its product mix for organic category, including No-Antibiotics-Ever products, to cater customers&#39; evolving tastes. The fund has a Zacks Rank #1 (Strong Buy).
<a href="https://www.zacks.com/stock/news/2322839/retail-sales-gains-in-july-etfs-stocks-to-play?cid=CS-BENZ-FT-etf_news_and_commentary-2322839">To read this article on Zacks.com click here.</a>

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Retail Sales Gains in July: ETFs & Stocks to Play

Investors with a lot of money to spend have taken a bullish stance on Kimberly-Clark (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMB#NYSE">KMB</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether this is an institution or just a wealthy individual, we don't know. But when something this big happens with KMB, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 13 options trades for Kimberly-Clark.
This isn't normal.
The overall sentiment of these big-money traders is split between 92% bullish and 7%, bearish.
Out of all of the options we uncovered, 12 are puts, for a total amount of $926,337, and there was 1 call, for a total amount of $26,410.
<h3>Predicted Price Range</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $136.0 to $142.0 for Kimberly-Clark over the recent three months. 
<h3>Volume &amp; Open Interest Trends</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Kimberly-Clark's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Kimberly-Clark's substantial trades, within a strike price spectrum from $136.0 to $142.0 over the preceding 30 days.
<h3>Kimberly-Clark 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721851268_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>KMB</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>07/26/24</td>
<td>$5.0</td>
<td>$4.5</td>
<td>$4.6</td>
<td>$142.00</td>
<td>$183.9K</td>
<td>3.9K</td>
<td>1.7K</td>
</tr>
<tr>
<td>KMB</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>07/26/24</td>
<td>$5.0</td>
<td>$4.7</td>
<td>$4.7</td>
<td>$142.00</td>
<td>$141.0K</td>
<td>3.9K</td>
<td>850</td>
</tr>
<tr>
<td>KMB</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>07/26/24</td>
<td>$4.1</td>
<td>$3.9</td>
<td>$3.9</td>
<td>$142.00</td>
<td>$117.0K</td>
<td>3.9K</td>
<td>2.4K</td>
</tr>
<tr>
<td>KMB</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>07/26/24</td>
<td>$2.55</td>
<td>$2.2</td>
<td>$2.2</td>
<td>$142.00</td>
<td>$99.0K</td>
<td>3.9K</td>
<td>3.8K</td>
</tr>
<tr>
<td>KMB</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>07/26/24</td>
<td>$3.8</td>
<td>$3.6</td>
<td>$3.6</td>
<td>$142.00</td>
<td>$72.0K</td>
<td>3.9K</td>
<td>2.8K</td>
</tr>
</tbody>
</table>

<h3>About 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, PullUps, 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>Where Is Kimberly-Clark Standing Right Now?</h3>
<ul>
<li>With a trading volume of 2,536,588, the price of KMB is up by 3.0%, reaching $139.96.</li>
<li>Current RSI values indicate that the stock is is currently neutral between overbought and oversold.</li>
<li>Next earnings report is scheduled for 90 days from now.</li>
</ul>
<h3>What The Experts Say On Kimberly-Clark</h3>
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $148.4.
<ul>
<li>Consistent in their evaluation, an analyst from Wells Fargo keeps a Equal-Weight rating on Kimberly-Clark with a target price of $134. </li>
<li>An analyst from TD Cowen has revised its rating downward to Buy, adjusting the price target to $161. </li>
<li>Consistent in their evaluation, an analyst from Barclays keeps a Equal-Weight rating on Kimberly-Clark with a target price of $135. </li>
<li>An analyst from Piper Sandler persists with their Overweight rating on Kimberly-Clark, maintaining a target price of $174. </li>
<li>Consistent in their evaluation, an analyst from Wells Fargo keeps a Equal-Weight rating on Kimberly-Clark with a target price of $138. </li>
</ul>
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Kimberly-Clark with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Options

A Closer Look at Kimberly-Clark's Options Market Dynamics

Deutsche Bank analyst Steve Powers 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 $139 to $142.

Deutsche Bank Maintains Hold on Kimberly-Clark, Raises Price Target to $142

RBC Capital analyst Nik Modi reiterates Kimberly-Clark (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMB#NYSE">KMB</a>) with a Outperform and maintains $165 price target.

Reiteration

RBC Capital Reiterates Outperform on Kimberly-Clark, Maintains $165 Price Target

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 lowers the price target from $138 to $134.

Wells Fargo Maintains Equal-Weight on Kimberly-Clark, Lowers Price Target to $134

On Tuesday, Wall Street saw a mixed session, with small-cap stocks outperforming large caps as investors anticipated key earnings reports from Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) and Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), set to be <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/07/39910693/tesla-analyst-asks-do-earnings-matter-ahead-of-q2-report-robotaxis-china-ev-guidanc">released after the close.</a>
The Russell 2000 index, as replicated by the iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>), climbed 0.8%, while the tech-heavy Nasdaq 100 dipped 0.2%. This marked the ninth time in the last 10 sessions that small caps have outperformed tech stocks. The S&amp;P 500 and the Dow Jones showed little movement.
United Parcel Service Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UPS#NYSE">UPS</a>) stood out among the mega-cap stocks, plunging 14% after missing earnings and revenue estimates for the previous quarter. This decline is poised to be the worst one-day drop for the shipping company since it went public in 1999.
Both Treasury yields and the U.S. dollar remained stable ahead of a data-heavy week, featuring the Q2 GDP report on Thursday and the Fed&#8217;s favored inflation report on Friday.
Gold inched up 0.3%, reaching $2,400 per ounce, while Bitcoin dropped over 2% to $65,800, marking its second straight session of losses.
<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>2,243.00</td>
<td>0.8%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,568.86</td>
<td>0.1%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>40,386.54</td>
<td>-0.1%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>19,778.53</td>
<td>-0.2%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 12:48 p.m. ET</figcaption></figure>
According to <a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent071924&amp;t=be2bearmibe3na1">Benzinga Pro</a> data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>)&nbsp;was flat at $554.92.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>)&nbsp;edged down 0.1% to $403.80.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust&nbsp;(ARCA:&nbsp;<a href="https://www.benzinga.com/quote/qqq" target="_blank" rel="noreferrer noopener"></a><a href="https://www.benzinga.com/quote/qqq" target="_blank" rel="noreferrer noopener"></a>QQQ) fell 0.2% to $481.52.</li>
<li>Sector-wise, the Financials Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>)&nbsp;outperformed, up by 0.4%, while the&nbsp;Energy Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>) lagged, down 1.4%.</li>
</ul>
<h3 class="wp-block-heading">Tuesday&#8217;s Stock Movers</h3>
Stocks reacting to company earnings were: 
<ul>
<li>Agilysys, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AGYS#NASDAQ">AGYS</a>), down over 5%</li>
<li>NXP Semiconductors N.V. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXPI#NASDAQ">NXPI</a>) down over 9%</li>
<li>Medpace Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MEDP#NASDAQ">MEDP</a>) down over 17%</li>
<li>Coca-Cola Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KO#NYSE">KO</a>), up 0.6%</li>
<li>Freeport-McMoRan Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCX#NYSE">FCX</a>), down 2%</li>
<li>GE Aerospace (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GE#NYSE">GE</a>), up over 7%</li>
<li>General Motors Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>), down over 6%</li>
<li>Kimberly-Clark Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMB#NYSE">KMB</a>), down over 4%</li>
<li>Comcast Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMCSA#NASDAQ">CMCSA</a>), down over 2%</li>
<li>MSCI Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSCI#NYSE">MSCI</a>), up over 7%</li>
<li>Lockheed Martin Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>), up over 4%</li>
<li>Philip Morris International Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PM#NYSE">PM</a>), up 2%</li>
<li>PulteGroup, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PHM#NYSE">PHM</a>), down 0.5%</li>
<li>Quest Diagnostics Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DGX#NYSE">DGX</a>), down over 4%</li>
<li>Spotify Technology S.A. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>), up over 10%</li>
<li>Polaris Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PII#NYSE">PII</a>), down over 2%.</li>
</ul>
Those reporting after the close include:
<ul>
<li>Alphabet, Capital One Financial Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COF#NYSE">COF</a>)</li>
<li>Chubb Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CB#NYSE">CB</a>)</li>
<li> Mattel, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAT#NASDAQ">MAT</a>)</li>
<li>Packaging Corporation of America (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PKG#NYSE">PKG</a>)</li>
<li>Seagate Technology Holdings plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STX#NASDAQ">STX</a>)</li>
<li>Tesla</li>
<li>Texas Instruments, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>)</li>
<li>Visa Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>).</li>
</ul>
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<li><a href="https://bzresearch.myclickfunnels.com/latest-research-webinar-redirect-evergreen?utm_source=website-content" target="_blank" rel="noreferrer noopener">Turn Trading Into The Ultimate Side Hustle Using Benzinga Tools In A Free Webinar</a></li>
</ul>
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TSLA

Small-Cap Gains Resume Ahead Of Major Tech Earnings; UPS Faces Worst Day Ever, Bitcoin Dips Below $66,000: What's Driving Markets Tuesday?

Kimberly-Clark Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMB#NYSE">KMB</a>) shares are trading lower following <a target="_blank" href="https://www.benzinga.com/premarket" rel="noreferrer noopener">mixed second-quarter earnings.</a>
Kimberly-Clark reported quarterly adjusted earnings per share of $1.96 (+19%), <a target="_blank" href="https://www.benzinga.com/pressreleases/24/07/n39863402/polaris-announces-senior-leadership-change" rel="noreferrer noopener">beating the analyst consensus of $1.71</a>.
Quarterly revenues of $5.029 billion, missing <a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">the street view of $5.109 billion.</a>
Sales in the second quarter reflected a 2% decline from the previous year, influenced by a 5% currency translation impact and a 1% decrease due to the divestiture of the Tissue and K-C Professional business in Brazil in June 2023.
Innovation-led volume gains, effective cost management, and productivity drove substantial EPS expansion.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/earnings/24/07/39905321/automotive-manufacturer-polaris-shares-tumble-on-q2-earnings-miss-and-guidance-cut-amid-inventory-f" rel="noreferrer noopener">Automotive Manufacturer Polaris Shares Tumble On Q2 Earnings Miss And Guidance Cut Amid Inventory Focus</a>
The company&#8217;s adjusted gross margin was 36.9%, up 290 basis points versus the prior year, driven by organic net sales growth and gross productivity gains.
Net interest expense was&nbsp;$63 million&nbsp;versus&nbsp;$67 million&nbsp;in the prior-year period.
The company exited the quarter with cash and equivalents worth $1.163 billion. Inventories totaled $1.915 billion.
Outlook: Kimberly-Clark still expects FY24 organic <a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">net sales to grow at a mid-single-digit rate.</a>
Reported net sales&nbsp;are still expected to be negatively impacted by 400 basis points of currency translation and 120 basis points from divestitures.
Adjusted EPS is now expected to grow at a mid-to-high teens percentage rate on a constant-currency basis, an increase from previous expectations of low-teens growth.
&#8220;Our focus is to deliver high-quality consumer solutions at every price point, increase our operational scale, and enhance our long-term potential,&#8221; said Kimberly-Clark Chairman and CEO&nbsp;Mike Hsu.&nbsp;
&#8220;We&#8217;re excited about our opportunities to capitalize on our momentum to deliver our enduring goal of enhancing value for all our stakeholders,&#8221; Hsu added.
Price Action: KMB shares are trading lower by 3.9% to $138.51 at last check Tuesday.
Photo via Wikimedia Commons
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/07/39874391/tesla-alphabet-gm-ford-lead-earnings-parade-this-week-as-market-struggles-to-sustain-the-summer-" target="_blank" rel="noreferrer noopener">Tesla, Alphabet, GM, Ford Lead Earnings Parade This Week As Market Struggles To Sustain The Summer Rally</a></li>
</ul>

Guidance

Movers

Kimberly-Clark Shares Tumble After Missing Revenue Targets Despite Earnings Growth

WIIM

Kimberly-Clark shares are trading lower following mixed Q2 earnings.

The market mood turned jittery after Monday&#8217;s rebound, with index futures trading on either side of the unchanged line early Tuesday. The apprehensions reflect uncertainties regarding geopolitics, monetary policy, and the health of the reporting season ahead of earnings from AI stalwart Alphabet, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) and electric-vehicle giant Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>). <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/07/39884110/alphabet-set-to-report-strong-q2-results-with-increased-search-revenue-analyst-bull">The Google-parent&#8217;s earnings </a>could be seen as a foretaste of what is to come from the rest of the AI-levered stocks.
Earnings news has been mixed. The tidings on the economic front are scarce, with only a housing market report due for the day. That said, traders may choose to remain cautious ahead of some key readings, including Friday&#8217;s inflation data.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Futures</td>
<td>Performance (+/-)</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>-0.02%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>+0.08%</td>
</tr>
<tr>
<td>Dow</td>
<td>+0.11%</td>
</tr>
<tr>
<td>R2K</td>
<td>+0.23%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption"> In premarket trading on Tuesday,&nbsp;the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) rose 0.08% to $555.11, while the&nbsp;Invesco QQQ ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) edged 0.01% to $482.28, according to&nbsp;<a href="https://benzinga.grsm.io/lxquj26b2sag" target="_blank" rel="noreferrer noopener">Benzinga Pro data</a>. Cues From Last Session:</figcaption></figure>
Stocks went racing higher on Monday as traders assessed the implications of President Joe Biden&#8217;s withdrawal from the race and looked ahead optimistically to the week&#8217;s earnings report. Beaten-down tech stocks spearheaded the recovery on a day when most S&amp;P 500 sector indices, barring energy and consumer staples, advanced. 
The major averages opened higher, with the Nasdaq Composite Index and the S&amp;P 500 Index moving roughly sideways with strong gains for the rest of the session. In the process, the former broke back above the 18,000 barrier. The Dow Jones Industrial Average experienced some volatility in the morning before moving decisively into the positive terrain and ending modestly higher. 
Small-caps resumed their rally, with the Russell 2,000 Index outperforming the major averages. 
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/-)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>+1.58%</td>
<td>18,007.57</td>
</tr>
<tr>
<td>S&amp;P 500 Index</td>
<td>+1.08%</td>
<td>5,564.41</td>
</tr>
<tr>
<td>Dow Industrials</td>
<td>+0.32%</td>
<td>40,415.44</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>+1.66%</td>
<td>2,220.65</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts:
Wharton Professor Jeremy Siegel, Senior Economist to WisdomTree, commented on the dramatic shifts within the equity market, the ones happening among small- and large-cap stocks, as well as value and growth stocks. The strength in the small-cap stocks following favorable inflation data indicates a market highly responsive to even subtle shifts in monetary policy expectations, he said. 
The economist said, &#8220;There remains strong fundamental support for large caps—their earnings expectations have increased much more than small caps.&#8221; If the recent shifting tides were to sustain and last long &#8220;we will also need to see small and value stocks further reverse the huge gains in growth stocks over the previous three months,&#8221; he said.
The professor also weighed in on the U.S. election landscape. Biden's exit from the race makes Vice President Kamala Harris a virtual certain nominee, she said. The betting markets predict a close race between Harris and Trump but the former still may not beat the latter, he said. 
&#8220;However, the probability that the House goes Democratic has increased, and the prospects of a split government is encouraging to stock investors,&#8221; Siegel said. 
In an interview with CNBC on Monday, Tom Lee, Head of Research at Fund Strat, <a href="https://www.cnbc.com/video/2024/07/22/russell-2000-will-see-40-percent-rally-by-end-of-the-summer-says-fundstrats-lee.html">reiterated </a>his call for a 40% rally in small-caps by the end of the summer. He remised his call on the relatively higher sensitivity of these stocks to a Fed rate cut and the probability of it. 
Upcoming Economic Data:
<ul>
<li>The National Association of Realtors is scheduled to release its existing home sales report for June at 10 a.m. EDT. Economists, on average, expect existing home sales to come in at a seasonally adjusted annual rate of 3.59 million units compared to the 4 million-unit rate for May.</li>
<li>The Richmond Fed&#8217;s manufacturing and services sector survey results for July are due at 10 a.m. EDT.</li>
<li>The Treasury will auction 2-year notes at 1 p.m. EDT.</li>
</ul>
See Also:<a href="https://www.benzinga.com/money/how-to-trade-futures"> How To Trade Futures</a>
Stocks In Focus:
<ul>
<li>Agilysys, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AGYS#NASDAQ">AGYS</a>) fell over 3% in premarket trading following the company&#8217;s quarterly earnings release and NXP Semiconductors N.V. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXPI#NASDAQ">NXPI</a>) slipped over 8% on weak revenue and outlook and Medpace Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MEDP#NASDAQ">MEDP</a>) plunged nearly 13%.</li>
<li>Coca-Cola Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KO#NYSE">KO</a>), Freeport-McMoRan Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCX#NYSE">FCX</a>), GE Aerospace (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GE#NYSE">GE</a>), General Motors Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) (up over 5%), Kimberly-Clark Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMB#NYSE">KMB</a>), Lockheed Martin Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>), Philip Morris International Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PM#NYSE">PM</a>), PulteGroup, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PHM#NYSE">PHM</a>), Quest Diagnostics Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DGX#NYSE">DGX</a>), Spotify Technology S.A. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>) (up over 14%), Polaris Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PII#NYSE">PII</a>) (down over 17%), and United Parcel Service, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UPS#NYSE">UPS</a>) are among the notable companies reporting ahead of the market open.</li>
<li>Those reporting after the close include Alphabet, Capital One Financial Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COF#NYSE">COF</a>), Chubb Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CB#NYSE">CB</a>), Mattel, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAT#NASDAQ">MAT</a>), Packaging Corporation of America (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PKG#NYSE">PKG</a>), Seagate Technology Holdings plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STX#NASDAQ">STX</a>), Tesla, Texas Instruments, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>) and Visa Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>).</li>
</ul>
Commodities, Bonds And Global Equity Markets:
Crude oil futures fell further toward the $78-a-barrel mark and gold futures advanced. The 10-year Treasury yield fell 3.1 points to 4.228%. Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) fell below the $67K mark, while Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) rose modestly as the SEC approved Ethereum ETFs, which could begin trading as early as Tuesday.
Asian stocks traded mixed once again, with the Chinese and Hong Kong markets pulling back notably, while the Japanese, Indian and Indonesian markets ended slightly lower. The rest of the major markets in the region advanced, tracking the positive lead from Wall Street overnight amid the tech rebound.
European stocks were firmly in the green in early trading.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/07/39874391/tesla-alphabet-gm-ford-lead-earnings-parade-this-week-as-market-struggles-to-sustain-the-summer-">Tesla, Alphabet, GM, Ford Lead Earnings Parade This Week As Market Struggles To Sustain The Summer Rally</a></li>
</ul>
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Reported Net Sales&nbsp;are still expected to be negatively impacted by 400 basis points of currency translation and 120 basis points from divestitures.

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In a report released yesterday, Christopher Carey from Wells Fargo maintained a Hold rating on Kimberly Clark (KMB – Research Report), with a price...

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The U.S. presidential elections influence more than just politics—they often trigger stock market volatility. In such times of uncertainty, dividend growth stocks might offer stability and dependable income. Thus, investing in Target (TGT), Kimberly-Clark (KMB), and Genuine Parts (GPC) may ensure steady cash flow and long-term growth. Read more… The U.S. presidential elections are pivotal, influencing the stock market's stability. With elections around the corner, investors may want to focus on dividend stocks to weather volatility. Companies such as Target Corporation (<a href="https://stocknews.com/stock/TGT/">TGT</a>), Kimberly-Clark Corporation (<a href="https://stocknews.com/stock/KMB/">KMB</a>), and Genuine Parts Company (<a href="https://stocknews.com/stock/GPC/">GPC</a>) offer steady income, making them ideal for passive earnings.
This election season might <a href="https://www.forbes.com/sites/jasonschenker/2024/10/14/us-presidential-election-outcome-uncertainty-could-roil-markets/">create the most uncertainty since 2000</a>. Prolonged uncertainty could pose significant risks to equity markets, industrial commodity prices, business investment, and consumer confidence, ultimately destabilizing the broader U.S. economy. Such unpredictability could result in substantial market volatility.
Last week, U.S. equity markets surged to new record highs. This increase was due to easing inflationary pressures, as shown in the September Consumer Price Index (CPI) and Producer Price Index (PPI) reports. The market responded positively to these signs of decreasing year-on-year inflation.
Year-on-year CPI inflation <a href="https://www.bls.gov/news.release/cpi.nr0.htm">dropped from 2.5% to 2.4%</a> in September, the slowest pace since February 2021. However, core CPI inflation, which excludes volatile food and energy prices, rose from 3.2% to 3.3%. This mixed inflation data signals ongoing concerns despite some relief in overall price growth.
Although inflation remains a key focus, it may not be the biggest risk facing financial markets. A more significant concern could be prolonged election outcome uncertainty. This scenario could shake investor confidence and introduce heightened volatility across sectors, overshadowing inflationary threats in the short term.
In such times, dividend growth stocks could offer stability through <a href="https://www.ssga.com/us/en/intermediary/resources/education/what-is-dividend-investing-understanding-how-it-works">a consistent and growing income stream</a>, making them ideal for investors seeking reliable cash flow. These stocks, typically issued by financially strong companies, provide both dividends and long-term growth potential, serving as a buffer against market volatility.
Considering the current volatile market trends, let us delve into the fundamentals of three dividend aristocrat stocks that have consistently increased their dividends for over 50 years. These stocks appear to be ideal candidates for long-term investment and hold the potential for sustained growth over the decades.
Stock #3: Target Corporation (<a href="https://stocknews.com/stock/TGT/">TGT</a>)
TGT is a retail giant offering everyday essentials and fashionable merchandise at discounted prices. With nearly 2,000 stores and its website, the company offers a wide assortment of general merchandise and food, including apparel, accessories, beauty, food, beverage, hardlines, and home furnishings.
On June 24, TGT partnered with Shopify Inc. (<a href="https://stocknews.com/stock/SHOP/">SHOP</a>), a global e-commerce platform, to <a href="https://corporate.target.com/press/release/2024/06/target-and-shopify-partner-to-help-consumers-discover-and-shop-an-expanded-assortment-on-target-com">feature popular sellers and products</a> on Target Plus, its curated digital marketplace. The alliance expands TGT's offerings with new, trendy products and brands like True Classic and Caden Lane, providing consumers with more affordable, high-quality options.
On September 18, TGT's board of directors announced a <a href="https://corporate.target.com/press/release/2024/09/target-corporation-declares-regular-quarterly-dividend">quarterly dividend</a> of $1.12 per common share. The dividend is payable on December 10, 2024, to shareholders of record at the close of business on November 20, 2024. TGT has consecutively increased its dividends for 55 years.
It pays an annual dividend of $4.48, which translates to a 2.83% yield at the current price level. Moreover, the stock's dividend payouts have increased at a CAGR of 14.6% over the past three years.
During the fiscal 2025 second quarter, which ended on August 3, 2024, TGT's total revenue rose 2.7% year-over-year to $25.45 billion. Its <a href="https://www.investopedia.com/terms/o/operatingincome.asp">operating income</a> was $1.64 billion, up 36.6% over the prior-year quarter. The company's net earnings and EPS stood at $1.19 billion and $2.57, respectively, representing increases of 42.8% and 42.8% year-over-year.
Analysts expect TGT's revenue and EPS for the fiscal 2025 third quarter (ending October 2024) to increase 2.2% and 9.4% year-over-year to $25.96 billion and $2.30, respectively. Moreover, the company surpassed the consensus revenue and EPS estimates in three of four trailing quarters.
Shares of TGT have surged 11.6% over the past nine months and 45.4% over the past year to close the last trading session at $158.46.
TGT's strong fundamentals are reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The stock has an overall rating of A, which translates to a Strong Buy in our proprietary rating system.
It has a B grade for Value, Momentum, and Quality. Within the A-rated <a href="https://stocknews.com/category/grocery-big-box-retailers/">Grocery/Big Box Retailers</a> industry, TGT is ranked #10 out of 37 stocks.
To access additional grades for TGT's Growth, Stability, and Sentiment, <a href="https://stocknews.com/stock/TGT/">click here</a>.
Stock #2: Kimberly-Clark Corporation (<a href="https://stocknews.com/stock/KMB/">KMB</a>)
KMB specializes in manufacturing and marketing products crafted from natural or synthetic fibers using advanced technologies in fibers, nonwovens, and absorbency. The company operates through three segments: Personal Care; Consumer Tissue; and K-C Professional.
On June 26, KMB's Kimberly-Clark Professional&#x2122; unveiled the <a href="https://www.kcprofessional.com/en-ca/about-kimberly-clark-professional/news-releases/kimtech-polaris-available-in-canada">Kimtech&#x2122; Polaris&#x2122; Nitrile Exam Gloves</a>, meeting the growing demand for advanced safety and comfort in laboratory settings. These gloves deliver top-notch protection and durability while offering ergonomic benefits that enhance user comfort and reduce injury risks.
Certified by U.S. Ergonomics, the Kimtech Polaris gloves are designed for diverse environments, including laboratories, industrial work, pharmaceutical manufacturing, medical device production, and biotechnology, showcasing KMB's dedication to healthier and more efficient work solutions.
On August 1, KMB's board of directors announced a regular <a href="https://investor.kimberly-clark.com/2024-08-01-Kimberly-Clark-Declares-Quarterly-Dividend">quarterly dividend</a> of $1.22 per share. The dividend was payable in cash on October 2, 2024, to stockholders of record at the close of business on September 6, 2024. KMB has increased its dividends for 51 consecutive years.
The stock's annualized dividend of $4.88 per share translates to a dividend yield of 3.43% on the current share price. Its dividend payouts have increased at a CAGR of 3.4% over the past five years, and its four-year average dividend yield is 3.49%.
For the fiscal 2024 second quarter that ended June 30, KMB's non-GAAP gross profit grew 6.2% year-over-year to $1.86 billion. Its non-GAAP operating profit increased 16.2% from the year-ago value to $845 million. In addition, non-GAAP net income attributable to KMB came in at $661 million and $1.96 per share, up 18.2% and 18.8% from the prior year's quarter, respectively.
For the fiscal year ending in December 2025, Street expects KMB's revenue to increase marginally year-over-year to $20.46 billion. Its EPS for the same period is expected to rise 4.8% year-over-year to $7.64. Also, the company surpassed consensus EPS estimates in three of the trailing four quarters.
KMB's stock has surged 12.8% over the past six months and 19.2% over the past year to close the last trading session at $142.25.
KMB's POWR Ratings reflect its robust prospects. The stock has an overall rating of B, equating to a Buy in our proprietary rating system.
It has a B grade for Value, Sentiment, and Quality. Within the B-rated <a href="https://stocknews.com/category/consumer-goods/">Consumer Goods</a> industry, it is ranked #7 out of 58 stocks.
<a href="https://stocknews.com/stock/KMB/">Click here</a> to view KMB's grades for Growth, Momentum, and Stability.
Stock #1: Genuine Parts Company (<a href="https://stocknews.com/stock/GPC/">GPC</a>)
GPC is a global service company that distributes automotive and industrial replacement parts. It operates in two segments: Automotive Parts Group and Industrial Parts Group. The company distributes automotive parts in North America, Europe, and Australasia, offering inventory, cataloging, marketing, and aftermarket programs.
On May 1, GPC <a href="https://www.genpt.com/2024-05-01-Genuine-Parts-Company-Announces-Acquisition-of-Largest-NAPA-Independent-Store-Owner-in-the-U-S">announced the acquisition</a> of Motor Parts &amp; Equipment Corporation (MPEC), the largest independent owner of NAPA Auto Parts stores in the United States, for its U.S. Automotive business.
With the help of this acquisition, GPC has established a significant store presence for its distribution of automotive and industrial replacement parts all across the United States, making the company a significant player in the auto parts market.
On August 20, GPC's board of directors announced a regular <a href="https://www.genpt.com/2024-08-20-Genuine-Parts-Company-Declares-Regular-Quarterly-Dividend">quarterly cash dividend</a> of $1.00 per share on the company's common stock. The dividend was payable on October 1, 2024, to shareholders of record on September 6, 2024.
GPC pays an annual dividend of $4, which translates to a yield of 2.91% at the prevailing price levels. Its four-year average dividend yield is 2.56%. The company's dividend payments have grown at a CAGR of 6.9% over the past three years. Additionally, the company has increased its dividends for 67 consecutive years.
GPC's net sales for the fiscal 2024 second quarter, which ended on June 30, marginally increased year-over-year to $5.96 billion. Its gross profit rose 2.1% over the prior-year quarter to $2.18 billion. The company's adjusted net income was reported at $341.56 million, and adjusted earnings per share at $2.44.
The consensus revenue of $23.50 billion for the fiscal year ending December 2025 reflects a rise of 1.8% year-over-year. Its EPS for the same period is expected to increase marginally year-over-year to $9.41. Furthermore, the company topped the consensus EPS estimates in three of the four trailing quarters.
Shares of GPC have gained 1.6% over the past month to close the last trading session at $137.24.
GPC's POWR Ratings reflect its fundamentals. GPC has a B grade for Quality and Stability. It is ranked #33 out of 62 stocks in the A-rated <a href="https://stocknews.com/category/auto-parts/">Auto Parts</a> industry.
In addition to the POWR Ratings highlighted above, one can access GPC's ratings for Growth, Value, Sentiment, and Momentum <a href="https://stocknews.com/stock/GPC/">here</a>.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

<hr />
TGT shares were unchanged in premarket trading Monday. Year-to-date, TGT has gained 14.66%, versus a 23.09% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Aanchal Sugandh</h2> <img src='https:/wp-content/uploads/2022/12/Aanchal-Sugandh_Headshot.jpg' style="float:left; padding:5px;width:125px;">Aanchal's passion for financial markets drives her work as an investment analyst and journalist. She earned her bachelor's degree in finance and is pursuing the CFA program.

She is proficient at assessing the long-term prospects of stocks with her fundamental analysis skills. Her goal is to help investors build portfolios with sustainable returns.<a href="https://stocknews.com/authors/?author=aanchal-sugandh">More...</a>The post <a href=https://stocknews.com/news/tgt-kmb-gpc-shop-3-dividend-aristocrats-to-buy-and-hold-for-decades/>3 Dividend Aristocrats to Buy and Hold for Decades</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Dividend Aristocrats to Buy and Hold for Decades

Morgan Stanley analyst Dara Mohsenian maintained a Hold rating on Kimberly Clark (KMB – Research Report) today and set a price target of $153.00. T...

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