The **Colgate-Palmolive Company (CL)** has appeared in the spotlight recently due to numerous reasons. The company's **stock has risen**, though it underperforms compared to the wider market. Despite this, CL's current **pricing and productivity efforts are viewed as optimistic**. This positive outlook led to an upgrade to a 'Buy' rating from StockNews.com, arising from a **40% rise in Colgate-Palmolive's stock**. The company is also seen as a potentially good source of **steady dividend income** by some analysts. Ownership is substantial, with **85% being held by institutional investors**. Recent market performance showed **momentum** in the long term, despite some short-term losses. While **some insiders showed hesitancy by selling shares**, the company's current stance is confident, with an aim to put money into retirement funds through Colgate-Palmolive stock. Q3 2024 reporting showed **strong organic sales growth** and the company was able to beat earnings expectations, leading to an **increase in 2024 outlook**. With 84% ownership, **institutional shareholders hold significant control** over the company. A rise in stock has led to Colgate-Palmolive's comparison with important catalysts, but it was downgraded to 'Hold' by StockNews.com. **Financial and earnings assessments point towards growth**, making it a potentially great choice for certain investors.
Colgate-Palmolive Company CL News Analytics from Fri, 26 Apr 2024 07:00:00 GMT to Sat, 28 Dec 2024 02:07:47 GMT -
Innovation 4
- Information 6
- Rumor -4
