Kimberly-Clark (KMB) Stock News

UBS has lowered its price target for Kimberly-Clark.

Kimberly-Clark ($KMB) filed preliminary Q3 estimates and reaffirmed its 2026 outlook. Organic sales growth is expected to be about 100 bps below category growth, reflecting China social media disruptions. Adjusted operating profit is expected to grow mid-single digits and adjusted EPS from continuing ops high single digits on a constant-currency basis. Adjusted EPS attributable to KMB is expected to decline low single digits.

TD Cowen lowered its price target for Kimberly-Clark from $104.00 to $97.00 per share.

The European Union granted conditional approval for the $40 billion merger between Kimberly-Clark and Kenvue.

KMB received enough consents to amend Kenvue's note indentures and adjusted the exchange offer consideration for late tenders, moving the acquisition financing forward.

Russell Torres, President and COO of Kimberly-Clark ($KMB), notified the company on September 29 that he will leave effective November 2 to pursue other opportunities. The departure was previously announced as part of executive transitions; Torres is set to become CEO of the future Global Coffee Co. (KDP).

Kimberly-Clark announced that COO Russ Torres will leave for an external CEO role. The deal remains on track for Q4 2026.

Kimberly-Clark commenced exchange offers for any and all outstanding Kenvue notes for up to $7.0 billion in new KMB notes and cash. The exchange consideration is $970 in KMB notes per $1,000 of Kenvue notes, plus a $30 early participation premium and $1 cash. The early participation deadline is October 9, 2026; the offer expires October 27, 2026.