Fiduciary Alliance LLC,
Osaic Holdings Inc. and others cut their stakes in
Colgate-Palmolive Company, drawing attention to the stockβs movement. Amid margins headwinds,
Argus decided to downgrade
Colgate shares. However, the company received an outperform rating from
RBC due to its long-term growth focus.
JP Morgan raised the price target to $88, suggesting a positive future.
State Street Corp and a few others also sold their CL shares, whereas
Nomura Holdings Inc.,
Thrivent Financial for Lutherans, and other companies acquired large packages of CL, hinting toward a mixed outlook. The company announced a quarterly dividend of $0.52, further raising its value.
Colgate-Palmolive partnered with
Erthos for sustainable biopolymer packaging, showing its commitment to sustainability. The company received mixed reviews from the financial sector, with some suggesting the company might need a significant acquisition to maintain the growth pace.
Colgate-Palmolive has revised its annual sales forecast, and despite a 20% loss for investors who invested a year ago, several analysts still believe in the companyβs long-term growth.
Colgate-Palmolive Company CL News Analytics from Fri, 18 Apr 2025 07:00:00 GMT to Sat, 20 Dec 2025 11:13:42 GMT -
Rating 3
- Innovation 3
- Information 5
- Rumor -3