Vestor Capital LLC decreased its position in shares of Colgate-Palmolive Company (NYSE:CL – Free Report) by 95.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,560 shares of the company’s stock after selling 30,226 shares during the period. Vestor Capital LLC’s holdings in Colgate-Palmolive were worth $133,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also bought and sold shares of the company. Groupe la Francaise increased its position in Colgate-Palmolive by 295.3% in the first quarter. Groupe la Francaise now owns 138,723 shares of the company’s stock worth $11,666,000 after purchasing an additional 103,629 shares during the period. Western Wealth Management LLC bought a new position in shares of Colgate-Palmolive in the 1st quarter valued at about $44,000. Bank of America Corp DE grew its position in shares of Colgate-Palmolive by 17.4% during the 1st quarter. Bank of America Corp DE now owns 6,637,597 shares of the company’s stock worth $565,722,000 after buying an additional 986,063 shares during the period. Edgestream Partners L.P. lifted its holdings in Colgate-Palmolive by 131.0% in the first quarter. Edgestream Partners L.P. now owns 19,924 shares of the company’s stock valued at $1,698,000 after buying an additional 11,299 shares during the period. Finally, Kentucky Retirement Systems boosted its stake in Colgate-Palmolive by 43.8% in the first quarter. Kentucky Retirement Systems now owns 72,567 shares of the company’s stock valued at $6,185,000 after acquiring an additional 22,092 shares during the last quarter. 80.41% of the stock is currently owned by institutional investors.
Colgate-Palmolive Stock Performance
Shares of Colgate-Palmolive stock opened at $91.29 on Friday. The company has a debt-to-equity ratio of 16.33, a current ratio of 1.02 and a quick ratio of 0.67. The firm has a market cap of $73.05 billion, a price-to-earnings ratio of 35.52, a price-to-earnings-growth ratio of 4.82 and a beta of 0.33. The stock’s 50-day moving average is $90.97 and its 200-day moving average is $89.44. Colgate-Palmolive Company has a one year low of $74.54 and a one year high of $99.33.
Colgate-Palmolive Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Shareholders of record on Monday, July 20th will be given a dividend of $0.53 per share. The ex-dividend date of this dividend is Monday, July 20th. This represents a $2.12 dividend on an annualized basis and a yield of 2.3%. Colgate-Palmolive’s dividend payout ratio is 82.49%.
Analyst Upgrades and Downgrades
Several equities analysts have recently issued reports on CL shares. JPMorgan Chase & Co. boosted their target price on Colgate-Palmolive from $96.00 to $104.00 and gave the stock an “overweight” rating in a research report on Thursday, July 16th. Morgan Stanley restated an “overweight” rating on shares of Colgate-Palmolive in a report on Monday, May 4th. Sanford C. Bernstein began coverage on shares of Colgate-Palmolive in a report on Thursday, June 11th. They issued a “market perform” rating and a $96.00 target price on the stock. Barclays lifted their price target on shares of Colgate-Palmolive from $80.00 to $87.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 21st. Finally, Citigroup boosted their price target on shares of Colgate-Palmolive from $105.00 to $110.00 and gave the company a “buy” rating in a report on Tuesday, July 14th. Twelve investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $97.82.
Read Our Latest Stock Report on CL
Key Headlines Impacting Colgate-Palmolive
Here are the key news stories impacting Colgate-Palmolive this week:
- Positive Sentiment: Second-quarter adjusted/base-business EPS was $0.99, exceeding the $0.95 consensus estimate and rising from $0.92 a year earlier. Revenue increased 4.9% year over year to $5.36 billion, in line with expectations. Colgate-Palmolive Q2 Earnings and Revenues Top Estimates
- Positive Sentiment: Profitability improved, with GAAP and base-business gross margins expanding 140 basis points to 61.5%. Productivity gains and organic sales growth helped offset increased brand investment, while Latin America led regional growth and toothpaste maintained its global leadership. Colgate Q2 Earnings Beat Estimates on Strong Margins
- Neutral Sentiment: Management reaffirmed its full-year sales forecast, with expected revenue of approximately $20.8 billion to $21.6 billion. Maintaining guidance supports stability, but the range signals limited visibility in a choppy consumer environment. Colgate-Palmolive Reaffirms Annual Sales Forecast
- Negative Sentiment: North American demand remained muted, creating concern that the company’s strongest international performance may not fully offset weakness in its largest developed market. Investors also focused on management’s warning that new tariffs could outweigh a recent refund benefit, potentially pressuring future earnings. Colgate Warns New Tariffs Will Outweigh Recent Refund Windfall
- Negative Sentiment: GAAP EPS declined 5% to $0.86 despite the adjusted earnings beat, and organic sales growth was only 2.4%. The combination of slower underlying growth, domestic weakness and tariff risk is outweighing the quarter’s positive margin and earnings performance.
Colgate-Palmolive Profile
Colgate-Palmolive Company is a global consumer products company with a long history in household and personal care categories. The business traces its roots to the early 19th century and has evolved into a multinational manufacturer and marketer of everyday consumer goods focused on health, hygiene and home care.
The company’s core activities center on oral care, personal care, home care and pet nutrition. Its product portfolio includes toothpaste, toothbrushes and mouthwash in oral care; soaps, body washes and deodorants in personal care; dishwashing liquids, surface cleaners and other household products in home care; and scientifically formulated pet foods under its pet nutrition business.
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