Here's Why Colgate-Palmolive Company (CL) Trending These Days


A number of research firms have recently commented on CL. B. Riley cut their price target on Colgate-Palmolive Company from $78.00 to $74.00 and set a "neutral" rating for the company in a report on Sunday, January 29th. The analysts estimated mean EPS at 0.74 while the high and low EPS estimate stand at 0.76 and 0.72 respectively. Growth in earnings per share enables companies to increase dividends over time in a sustainable matter. The Return on Equity (ROE) value stands at 0%. The business had revenue of $3.76 billion during the quarter, compared to the consensus estimate of $3.80 billion. During the same period in the previous year, the business posted $0.63 earnings per share. Year to date is -80.89%, -68.13% over the last quarter, -80.41% for the past six months and -93.25% over the last 12 months.

COPYRIGHT VIOLATION NOTICE: This report was posted by [[site]] and is the property of of [[site]]. If you are viewing this piece on another site, it was illegally copied and republished in violation of USA & global copyright law. According to these analysts, the Low Revenue Estimate for Colgate-Palmolive 3.81 Billion and the High Revenue Estimate is 3.96 Billion.

CL has been the topic of a number of other reports. Rehmann Capital Advisory Group's holdings in Colgate-Palmolive Company were worth $394,000 as of its most recent SEC filing. Deutsche Bank maintained it with "Hold" rating and $71 target in Monday, November 2 report. Northstar Group Inc. now owns 4,850 shares of the company's stock valued at $356,000 after buying an additional 20 shares in the last quarter. Middleton & Co Inc MA increased its position in Colgate-Palmolive Company by 0.3% in the third quarter. Finally, JPMorgan Chase & Co. initiated coverage on shares of Colgate-Palmolive Company in a research note on Tuesday, March 21st. As per Thursday, April 14, the company rating was maintained by Citigroup. The consensus recommendation by Thomson Reuters analysts is Hold and their mean rating for the stock is 2.86 on scale of 1-5. The stock now has a consensus rating of "Hold" and a consensus target price of $75.41.

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Shares of Colgate-Palmolive Company (NYSE:CL) were surging close to all-time highs on Wednesday morning, following an overnight report that the company is open to a sale. Another trade for 7,240 shares valued at $529,678 was made by HICKEY DENNIS J on Tuesday, February 21. The stock has jumped to over a 2-week high and has re-crossed its 50-day moving average. The stock appeared 1.34% below its 52-week highs and is up 5.42% for the last five trades. The company has a market capitalization of $63.31 billion, a P/E ratio of 25.86 and a beta of 0.70. Colgate-Palmolive Company also saw some unusual options trading activity on Wednesday. Given the stock's recent action, it seemed like a good time to take a closer look at the company's recent data. It becomes significant when you consider how many shares are shorted versus the average daily volume, means how many days to cover those short shares at that volume. Evanson Asset Management LLC raised its position in shares of Colgate-Palmolive Company by 0.3% in the first quarter. This is a positive change from Colgate-Palmolive Company's previous quarterly dividend of $0.39. Regentatlantic Capital LLC now owns 10,508 shares of the company's stock valued at $779,000 after buying an additional 28 shares in the last quarter. State of New Jersey Common Pension Fund D raised its position in Colgate-Palmolive Company by 43.8% in the third quarter. Rhumbline Advisers raised its position in Colgate-Palmolive Company by 3.4% in the third quarter. Standard Life Investments LTD raised its position in Colgate-Palmolive Company by 12.5% in the third quarter. Institutional investors and hedge funds own 73.24% of the company's stock. The legal version of this piece can be read at The shares were sold at an average price of $73.97, for a total value of $1,035,580.00. The ERP5 Rank may assist investors with spotting companies that are undervalued. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The firm owned 8,488 shares of the company's stock after selling 313 shares during the period. The Woodley Farra Manion Portfolio Management Inc holds 54,798 shares with $3.59M value, up from 48,928 last quarter. The disclosure for this sale can be found here. Vanguard Group Inc. now owns 66,253,992 shares of the company's stock worth $4,849,130,000 after buying an additional 2,590,036 shares in the last quarter. Reilly Advisors Ltd Llc owns 1,309 shares or 0.01% of their United States portfolio. The firm has "Buy" rating by Dougherty & Company given on Monday, December 7. Investors of record on Friday, April 21st were paid a dividend of $0.40 per share. The first value is calculated by adding the dividend yield to the percentage of repurchased shares. The ex-dividend date of this dividend is Wednesday, April 19th.

Colgate-Palmolive Company has increased its dividend payment by an average of 5.2% annually over the last three years and has increased its dividend annually for the last 53 consecutive years.