In recent news, Colgate-Palmolive Company (NYSE:CL) saw some major shifts with numerous investment firms altering their holdings. Several management firms and trusts bought thousands of shares, including S.E.E.D. Planning Group LLC, Bath Savings Trust Co, and Welch Group LLC, amongst others. However, other firms such as Birmingham Capital Management Co. Inc., Employees Retirement System of Texas, and Summit Global Investments have chosen to significantly reduce their stakes in Colgate-Palmolive.
The company has also been subject to reshuffling executives to accelerate growth and leadership changes which has had varied impact on share movements. Colgate-Palmolive, consistently providing favorable returns is being hailed a recession-resistant winner by Jim Cramer and maintained an overweight rating by Piper Sandler, even in light of tariff strategies. However, there were some negative shifts, with certain analysts predicting that the company's shares could be 36% below their intrinsic value.
Colgate-Palmolive also announced its Q1 2025 results and despite global uncertainties, they remain stable. On the downside, foreign exchange rates and insider selling of stocks may signal potential weaknesses. Their stock recently fell, leading to speculation if it's a safe long-term investment.
Colgate-Palmolive Company CL News Analytics from Sat, 12 Oct 2024 07:00:00 GMT to Sat, 31 May 2025 18:50:04 GMT - Rating -1 - Innovation 0 - Information 5 - Rumor -2
