Colgate-Palmolive Company (CL) shares experienced a series of trading fluctuations by leading asset management bodies, while it garnered mix ratings from financial institutions. Several shares were sold by organizations such as Truist Financial Corp, AMF Tjanstepension AB, Robeco Institutional Asset Management B.V., and the State of Alaska Department of Revenue. However, purchase action from entities like LGT Fund Management, AMI Asset Management, HB Wealth Management, and PineStone Asset Management were also recorded. The company's shares hit a new 52-week low, causing market speculation. Barclays and Goldman Sachs lowered the company's stock price target. Despite the movement, CL is recognised as a consistent dividend payer and a defensive growth stock with significant upside potential, acknowledged as a stronghold in an AI bubble. The company has also increased its dividend declaration, announcing a quarterly payout of $0.52. A $300 million initiative is set to dictate the strategic future of the company. The latest Q2 report confirms strong growth, despite prevailing market challenges. Institutional ownership stands at 86% showing significant faith in the company by sector experts. Yet, within a year, investors are holding a 20% loss.
Colgate-Palmolive Company CL News Analytics from Fri, 25 Apr 2025 07:00:00 GMT to Sat, 04 Oct 2025 11:04:05 GMT -
Rating 1
- Innovation -1
- Information 7
- Rumor -2
