Overview
- Barclays reduced its Kimberly-Clark price target to $99 and kept an Equal Weight rating, citing growing caution over higher input costs.
- Shares have fallen toward a roughly 12-year low, pushing the dividend yield to 5.3% after decades of uninterrupted annual raises.
- Free cash flow narrowed after about $200 million of extra input costs in fiscal 2025, much of it tied to tariffs that raised materials expenses.
- Management projects margin improvement in the second half of 2026 and aims for at least 40% gross margins by the end of the decade.
- Kimberly-Clark said a fire at a third-party distribution center in Ontario, California caused no injuries and falls under its insurance coverage.