Colgate-Palmolive (CL) News Today

Toronto Dominion Bank trimmed its position in shares of Colgate-Palmolive (NYSE:CL - Free Report) by 3.8% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 516,848 shares of the company's stock

Colgate-Palmolive (NYSE:CL - Get Free Report) issued its quarterly earnings results on Friday. The company reported $0.91 EPS for the quarter, topping analysts' consensus estimates of $0.87 by $0.04. The company had revenue of $5.06 billion during the quarter, compared to analyst estimates of $5 billion. Colgate-Palmolive had a return on equity of 485.40% and a net margin of 13.22%. The company's quarterly revenue was up 4.9% compared to the same quarter last year. During the same period in the previous year, the company earned $0.77 earnings per share.

HSBC reiterated a "hold" rating on shares of Colgate-Palmolive in a report on Friday.

Colgate-Palmolive (NYSE:CL) Reaches New 12-Month High Following Earnings Beat

Colgate-Palmolive (NYSE:CL) updated its FY 2024 earnings guidance. The company provided EPS guidance of 3.490-3.590 for the period, compared to the consensus estimate of 3.530. The company also issued revenue guidance of $19.8 billionillion-$20.4 billionillion, compared to the consensus estimate of $20.2 billionillion.

CANADA LIFE ASSURANCE Co reduced its stake in shares of Colgate-Palmolive (NYSE:CL - Free Report) by 2.3% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 818,506 shares of the company's stock after selling 19,078 shar

Jefferies Financial Group cut Colgate-Palmolive from a "buy" rating to a "hold" rating and decreased their price target for the stock from $103.00 to $95.00 in a research note on Wednesday.

O Shaughnessy Asset Management LLC increased its holdings in Colgate-Palmolive (NYSE:CL - Free Report) by 22.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 132,439 shares of the company's stock aft

Edgestream Partners L.P. bought a new position in shares of Colgate-Palmolive (NYSE:CL - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 17,441 shares of the company's stock, valued at approximately $1,571,000. Other

Acadian Asset Management LLC lifted its stake in shares of Colgate-Palmolive (NYSE:CL - Free Report) by 62.8% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,726,838 shares of the company's stock after buying an add

Shares of Colgate-Palmolive (NYSE:CL - Get Free Report) have been assigned a consensus recommendation of "Moderate Buy" from the seventeen research firms that are presently covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a hold rating and fourteen have issued

Mizuho Markets Americas LLC increased its position in shares of Colgate-Palmolive (NYSE:CL - Free Report) by 104.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 126,867 shares of the company's stock after purchasing a

Orion Portfolio Solutions LLC decreased its position in Colgate-Palmolive (NYSE:CL - Free Report) by 16.5% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 42,197 shares of the company's stock after selling 8,329 shares during the quarter. Orio

Mitsubishi UFJ Asset Management Co. Ltd. grew its position in Colgate-Palmolive (NYSE:CL - Free Report) by 12.9% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,103,745 shares of the company's stock after purchasing an additional 126,456 shares

Evercore ISI raised their price objective on shares of Colgate-Palmolive from $100.00 to $106.00 and gave the stock an "outperform" rating in a research note on Thursday.

Colgate-Palmolive (NYSE:CL) Hits New 1-Year High on Analyst Upgrade

Deutsche Bank Aktiengesellschaft raised their target price on shares of Colgate-Palmolive from $98.00 to $104.00 and gave the company a "buy" rating in a research report on Wednesday.

Avantax Advisory Services Inc. cut its holdings in Colgate-Palmolive (NYSE:CL - Free Report) by 18.3% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 37,820 shares of the company's stock after selling 8,486 shares during the quarter

Susquehanna Portfolio Strategies LLC decreased its position in Colgate-Palmolive (NYSE:CL - Free Report) by 23.7% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 272,664 shares of the company's stock after selling 84,863 shares during the period. Susquehan

Oppenheimer & Co. Inc. lowered its stake in shares of Colgate-Palmolive (NYSE:CL - Free Report) by 22.5% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 35,826 shares of the company's stock after selling 10,402 shares durin

AIA Group Ltd grew its stake in shares of Colgate-Palmolive (NYSE:CL - Free Report) by 29.2% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 473,624 shares of the company's stock after acquiring an additional 106,957 shares during the peri