Health Giants Make Big Moves and Discoveries

Kimberly-Clark (KMB) shares rose 2.5% after announcing adjustments to address EU antitrust concerns over its $40B Kenvue (KVUE) acquisition. The EU decision deadline is September 29. KMB offers a 5.09% dividend yield but has a high payout ratio of 0.89, raising sustainability concerns. Its GF Value™ suggests the stock is 18.8% undervalued, with a GF Score™ of 72/100.

Kenvue (KVUE) is highlighted as a strong high-yield dividend stock with a 4.68% yield and 64 years of consecutive dividend increases. Its stable of well-known brands reported Q2 revenue of $3.95B and EPS of $0.24. The company is being acquired by Kimberly-Clark (KMB), another Dividend King, which may create uncertainty about Kenvue's dividend.

Kimberly-Clark (KMB) is reportedly planning concessions to address EU antitrust concerns over its $40B acquisition of Kenvue (KVUE). Both companies' shares rose on the news, with Kenvue up 2% and Kimberly-Clark up 2.5%.

Kimberly-Clark is preparing asset sales to address EU antitrust concerns regarding its $40 billion acquisition of Kenvue. The European Commission is expected to formally raise its concerns this week. Kimberly-Clark shares rose 2.7% and Kenvue gained 2.3% on the news. The deal, announced in November, would expand Kimberly-Clark's product range to include Kenvue's brands like Listerine, Aveeno, and Neutrogena.

Kimberly-Clark (KMB) is preparing asset sales to address EU antitrust concerns regarding its $40 billion acquisition of Kenvue. The EU is expected to formally raise its concerns this week, with Kimberly-Clark facing a September 29 deadline to submit concessions or face a full investigation. The deal has already received conditional approval in Australia and South Africa.

Barclays lowered its price target on Kimberly-Clark (KMB) from $115 to $105, maintaining an equalweight rating. The company is reportedly considering asset sales to secure EU approval for its Kenvue acquisition. KMB's stock price was $98.15 at the time of the report.