Colgate-Palmolive Company (CL) appears to garner mixed investor attention with the company receiving both bullish and bearish sentiments. Billionaire Ken Fisher is seemingly confident on CL as a promising defensive stock, however, it also experiences a surge in bearish options activity. Corporate activity shows that Abacus FCF Advisors LLC, Bank of Nova Scotia, and Institutional investors with 86% ownership have acquired shares. In contrast, others like Azimuth Capital, Wells Fargo & Company, and Franklin Resources Inc. have reduced their holdings. Investor interest is spiked by the raised price target by JP Morgan and Barclays along with the increased dividend, stock repurchase, and strategic growth pathway through innovation & digital expansion. Sentiment towards the company remains mixed with Jim Cramer labeling it as 'Not Performing Well', amidst concerns of insider stock disposal, foreign exchange rates affecting sales and outlook. On the contrary, some see it as an attractive investment with a strong Q3 growth and potential for steady income. The company's strong institutional backing at 85% is also noteworthy.
Colgate-Palmolive Company CL News Analytics from Wed, 11 Sep 2024 07:00:00 GMT to Sat, 12 Apr 2025 19:34:00 GMT -
Rating 3
- Innovation 4
- Information 5
- Rumor 2
