Colgate-Palmolive Company (CL) has been the centrepiece of several investment undertakings across different fund and asset management companies. There has been a significant level of trading activity, with some investors boosting their holdings while others divest. Companies such as American Century Companies Inc., DnB Asset Management AS, Elo Mutual Pension Insurance Co and Blair William & Co. IL lower their stocks. In contrast, other firms like Premier Fund Managers Ltd, denkapparat Operations GmbH, Financial Engines Advisors L.L.C and Nomura Asset Management Co. Ltd increased their investments. Some see CL as a
defensive stock amid market volatility, while others perceive potential performance drops warning signs. Earning forecasts were surprisingly flat, causing a degree of concern in the wake of underwhelming recent performance. Moreover, CL was highlighted as a 'Dividend Zombie' to invest in and considered a strong choice among S&P 500 dividend stocks. The company initiated a
stock repurchase plan and revealed a
US$5000 Million Buyback with the stock remaining flat. It was also noted to have a strong institutional backing with 85% of the company owned by institutional shareholders.
Colgate-Palmolive Company CL News Analytics from Sat, 12 Oct 2024 07:00:00 GMT to Sat, 29 Mar 2025 16:23:14 GMT -
Rating 2
- Innovation -3
- Information 8
- Rumor 4
