Pacer Advisors Inc. decreased its holdings in shares of Colgate-Palmolive Company (NYSE:CL – Free Report) by 5.7% in the 1st quarter, Holdings Channel.com reports. The fund owned 2,450,460 shares of the company’s stock after selling 148,594 shares during the quarter. Pacer Advisors Inc.’s holdings in Colgate-Palmolive were worth $208,853,000 at the end of the most recent quarter.
Several other large investors have also modified their holdings of the business. Brandywine Financial Group grew its holdings in shares of Colgate-Palmolive by 35,612.3% during the 1st quarter. Brandywine Financial Group now owns 72,853 shares of the company’s stock worth $6,209,000 after purchasing an additional 72,649 shares during the period. FAS Wealth Partners Inc. lifted its position in Colgate-Palmolive by 9.9% in the first quarter. FAS Wealth Partners Inc. now owns 6,028 shares of the company’s stock valued at $514,000 after buying an additional 545 shares during the last quarter. Rathbones Group PLC boosted its stake in Colgate-Palmolive by 6.3% during the first quarter. Rathbones Group PLC now owns 227,986 shares of the company’s stock worth $19,431,000 after buying an additional 13,470 shares during the period. Pine Valley Investments Ltd Liability Co boosted its stake in Colgate-Palmolive by 5.7% during the first quarter. Pine Valley Investments Ltd Liability Co now owns 30,084 shares of the company’s stock worth $2,564,000 after buying an additional 1,617 shares during the period. Finally, First Nebraska Trust Co acquired a new stake in shares of Colgate-Palmolive during the first quarter valued at about $5,159,000. Institutional investors and hedge funds own 80.41% of the company’s stock.
Analyst Ratings Changes
A number of equities research analysts have recently issued reports on the stock. Citigroup boosted their price target on shares of Colgate-Palmolive from $105.00 to $110.00 and gave the company a “buy” rating in a research note on Tuesday, July 14th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Colgate-Palmolive in a research report on Friday. Sanford C. Bernstein started coverage on shares of Colgate-Palmolive in a report on Thursday, June 11th. They issued a “market perform” rating and a $96.00 target price for the company. UBS Group boosted their target price on Colgate-Palmolive from $100.00 to $106.00 and gave the company a “buy” rating in a research report on Thursday, July 16th. Finally, JPMorgan Chase & Co. upped their price target on Colgate-Palmolive from $96.00 to $104.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. Twelve analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $97.82.
Colgate-Palmolive Stock Down 0.0%
Shares of CL opened at $91.29 on Monday. The stock has a market capitalization of $73.05 billion, a PE ratio of 36.23, a P/E/G ratio of 4.80 and a beta of 0.33. Colgate-Palmolive Company has a 1 year low of $74.54 and a 1 year high of $99.33. The company has a debt-to-equity ratio of 16.33, a quick ratio of 0.30 and a current ratio of 0.45. The company’s 50-day simple moving average is $90.97 and its 200-day simple moving average is $89.49.
Colgate-Palmolive (NYSE:CL – Get Free Report) last announced its quarterly earnings data on Friday, July 31st. The company reported $0.99 earnings per share for the quarter, beating analysts’ consensus estimates of $0.95 by $0.04. Colgate-Palmolive had a net margin of 9.68% and a return on equity of 464.63%. The firm had revenue of $5.36 billion during the quarter, compared to analysts’ expectations of $5.36 billion. During the same quarter in the previous year, the business posted $0.92 earnings per share. The business’s quarterly revenue was up 4.9% compared to the same quarter last year. Analysts forecast that Colgate-Palmolive Company will post 3.82 earnings per share for the current fiscal year.
Colgate-Palmolive Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Shareholders of record on Monday, July 20th will be paid a $0.53 dividend. The ex-dividend date is Monday, July 20th. This represents a $2.12 annualized dividend and a dividend yield of 2.3%. Colgate-Palmolive’s payout ratio is 82.49%.
Trending Headlines about Colgate-Palmolive
Here are the key news stories impacting Colgate-Palmolive this week:
- Positive Sentiment: Second-quarter adjusted/base-business EPS was $0.99, exceeding the $0.95 consensus estimate and rising from $0.92 a year earlier. Revenue increased 4.9% year over year to $5.36 billion, in line with expectations. Colgate-Palmolive Q2 Earnings and Revenues Top Estimates
- Positive Sentiment: Profitability improved, with GAAP and base-business gross margins expanding 140 basis points to 61.5%. Productivity gains and organic sales growth helped offset increased brand investment, while Latin America led regional growth and toothpaste maintained its global leadership. Colgate Q2 Earnings Beat Estimates on Strong Margins
- Neutral Sentiment: Management reaffirmed its full-year sales forecast, with expected revenue of approximately $20.8 billion to $21.6 billion. Maintaining guidance supports stability, but the range signals limited visibility in a choppy consumer environment. Colgate-Palmolive Reaffirms Annual Sales Forecast
- Negative Sentiment: North American demand remained muted, creating concern that the company’s strongest international performance may not fully offset weakness in its largest developed market. Investors also focused on management’s warning that new tariffs could outweigh a recent refund benefit, potentially pressuring future earnings. Colgate Warns New Tariffs Will Outweigh Recent Refund Windfall
- Negative Sentiment: GAAP EPS declined 5% to $0.86 despite the adjusted earnings beat, and organic sales growth was only 2.4%. The combination of slower underlying growth, domestic weakness and tariff risk is outweighing the quarter’s positive margin and earnings performance.
Colgate-Palmolive Company Profile
Colgate-Palmolive Company is a global consumer products company with a long history in household and personal care categories. The business traces its roots to the early 19th century and has evolved into a multinational manufacturer and marketer of everyday consumer goods focused on health, hygiene and home care.
The company’s core activities center on oral care, personal care, home care and pet nutrition. Its product portfolio includes toothpaste, toothbrushes and mouthwash in oral care; soaps, body washes and deodorants in personal care; dishwashing liquids, surface cleaners and other household products in home care; and scientifically formulated pet foods under its pet nutrition business.
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