Colgate-Palmolive (CL) has seen significant activity in the stock market, with key institutional players making notable changes to their positions. The buzz around their FMCG and skincare sectors position them favorably. Big players such as
Tradewinds LLC,
Huntington National Bank, and
Wells Fargo have expressed optimism, with Wells Fargo issuing a positive forecast for the company. Insider selling has stirred some bearish speculation, but high-profile purchases by institutions such as
Magellan Asset Management and
Westpac Banking Corp could offset potential impacts. Notably, a significant portion of the company, 86%, is held by institutional investors. Despite some key shareholders reducing their stakes, others like
Allstate Corp and
Geode Capital Management have increased their holdings - showing mixed investor sentiment. Market guru Jim Cramer's comments about the company's performance have raised concerns among investors. While CL is considered one of the best dividend stocks as per several reports, it is also recognized as a strong defensive stock in times of market volatility. Additionally, it is posed as a potential leader in the skincare and pet food sectors.
Colgate-Palmolive Company CL News Analytics from Sat, 12 Oct 2024 07:00:00 GMT to Sat, 05 Apr 2025 20:49:43 GMT -
Rating 6
- Innovation 3
- Information 8
- Rumor -4
