Exencial Wealth Advisors LLC grew its position in shares of Colgate-Palmolive (NYSE:CL) by 33.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 77,575 shares of the company’s stock after purchasing an additional 19,399 shares during the period. Colgate-Palmolive comprises about 1.9% of Exencial Wealth Advisors LLC’s holdings, making the stock its 8th largest holding. Exencial Wealth Advisors LLC’s holdings in Colgate-Palmolive were worth $5,651,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of CL. Vanguard Group Inc. lifted its stake in shares of Colgate-Palmolive by 2.4% in the 2nd quarter. Vanguard Group Inc. now owns 67,875,384 shares of the company’s stock valued at $5,031,602,000 after acquiring an additional 1,621,392 shares during the last quarter. Renaissance Technologies LLC lifted its stake in shares of Colgate-Palmolive by 42.4% in the 2nd quarter. Renaissance Technologies LLC now owns 9,753,400 shares of the company’s stock valued at $723,020,000 after acquiring an additional 2,903,800 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in shares of Colgate-Palmolive by 25.3% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 6,854,323 shares of the company’s stock valued at $508,111,000 after acquiring an additional 1,385,946 shares during the last quarter. First Eagle Investment Management LLC lifted its stake in shares of Colgate-Palmolive by 35.8% in the 3rd quarter. First Eagle Investment Management LLC now owns 6,641,548 shares of the company’s stock valued at $483,837,000 after acquiring an additional 1,750,417 shares during the last quarter. Finally, TIAA CREF Investment Management LLC lifted its stake in shares of Colgate-Palmolive by 3.7% in the 2nd quarter. TIAA CREF Investment Management LLC now owns 4,725,042 shares of the company’s stock valued at $350,267,000 after acquiring an additional 170,053 shares during the last quarter. 72.83% of the stock is owned by hedge funds and other institutional investors.

In other Colgate-Palmolive news, insider Jennifer Daniels sold 7,375 shares of the company’s stock in a transaction that occurred on Wednesday, December 13th. The stock was sold at an average price of $73.18, for a total transaction of $539,702.50. Following the transaction, the insider now owns 38,691 shares in the company, valued at approximately $2,831,407.38. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Stephen I. Sadove sold 20,780 shares of the company’s stock in a transaction that occurred on Monday, November 6th. The stock was sold at an average price of $70.52, for a total value of $1,465,405.60. Following the transaction, the director now owns 36,268 shares in the company, valued at approximately $2,557,619.36. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 181,048 shares of company stock worth $13,168,995. 1.02% of the stock is owned by company insiders.

Colgate-Palmolive (NYSE CL) opened at $75.42 on Friday. Colgate-Palmolive has a twelve month low of $63.43 and a twelve month high of $77.27. The stock has a market capitalization of $66,160.00, a PE ratio of 29.12, a P/E/G ratio of 3.19 and a beta of 0.81. The company has a current ratio of 1.23, a quick ratio of 0.92 and a debt-to-equity ratio of 24.42.

Colgate-Palmolive (NYSE:CL) last announced its quarterly earnings results on Friday, October 27th. The company reported $0.73 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.73. Colgate-Palmolive had a return on equity of 2,782.56% and a net margin of 15.10%. The company had revenue of $3.97 billion for the quarter, compared to the consensus estimate of $3.94 billion. During the same quarter in the previous year, the business earned $0.73 EPS. Colgate-Palmolive’s revenue was up 2.8% compared to the same quarter last year. equities analysts forecast that Colgate-Palmolive will post 2.88 earnings per share for the current year.

A number of equities research analysts have recently weighed in on the company. Zacks Investment Research lowered Colgate-Palmolive from a “buy” rating to a “hold” rating in a research note on Friday. Macquarie raised Colgate-Palmolive from a “neutral” rating to an “outperform” rating and set a $81.00 target price for the company in a research note on Tuesday, December 19th. Deutsche Bank assumed coverage on Colgate-Palmolive in a research note on Wednesday, December 13th. They issued a “hold” rating and a $75.00 target price for the company. Societe Generale lowered Colgate-Palmolive from a “hold” rating to a “sell” rating and set a $66.00 target price for the company. in a research note on Wednesday, November 29th. They noted that the move was a valuation call. Finally, KeyCorp reissued a “hold” rating on shares of Colgate-Palmolive in a research note on Saturday, November 25th. Two equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and five have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $76.33.

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About Colgate-Palmolive

Colgate-Palmolive Company (Colgate) is a consumer products company. The Company operates in two product segments: Oral, Personal and Home Care, and Pet Nutrition. The Oral, Personal and Home Care product segment is operated through five geographic segments, which include North America, Latin America, Europe, Asia Pacific and Africa/Eurasia.

Institutional Ownership by Quarter for Colgate-Palmolive (NYSE:CL)

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