Colgate-Palmolive Co. (NYSE: CL) is 29.29% higher on its value in year-to-date trading and has touched a low of $67.62 and a high of $104.15 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CL stock was last observed hovering at around $101.85 in the last trading session, with the day’s gains setting it 1.21%.
Currently trading at $103.06, the stock is 2.37% and 4.80% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.58 million and changing 1.19% at the moment leaves the stock 17.00% off its SMA200. CL registered 38.24% gain for a year compared to 6-month gain of 21.81%.
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The stock witnessed a 5.22% loss in the last 1 month and extending the period to 3 months gives it a 9.19%, and is 2.46% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.47% over the week and 1.97% over the month.
Colgate-Palmolive Co. (CL) has around 34000 employees, a market worth around $84.21B and $19.99B in sales. Current P/E ratio is 29.96 and Fwd P/E is 26.50. Profit margin for the company is 14.21%. Distance from 52-week low is 52.41% and -1.05% from its 52-week high. The company has generated returns on investments over the last 12 months (34.35%).
The EPS is expected to grow by 10.54% this year.
Colgate-Palmolive Co. (CL) Top Institutional Holders
2408.0 institutions hold shares in Colgate-Palmolive Co. (CL), with institutional investors hold 84.89% of the company’s shares. The shares outstanding are 821.41M, and float is at 815.02M with Short Float at 1.09%. Institutions hold 84.80% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 79.62 million shares valued at $7.17 billion. The investor’s holdings represent 9.6771 of the CL Shares outstanding. As of 2024-03-31, the second largest holder is BLACKROCK INC. with 59.48 million shares valued at $5.36 billion to account for 7.2294 of the shares outstanding. The other top investors are STATE STREET CORP which holds 46.14 million shares representing 5.6082 and valued at over $4.16 billion, while PRICE T ROWE ASSOCIATES INC /MD/ holds 4.9911 of the shares totaling 41.07 million with a market value of $3.7 billion.
Colgate-Palmolive Co. (CL) Insider Activity
The most recent transaction is an insider sale by Tsourapas Panagiotis, the company’s Grp Pres, Eur& Developing Mkts. SEC filings show that Tsourapas Panagiotis sold 14,794 shares of the company’s common stock on Aug 08 ’24 at a price of $102.94 per share for a total of $1.52 million. Following the sale, the insider now owns 5146.0 shares.
Colgate-Palmolive Co. disclosed in a document filed with the SEC on Aug 08 ’24 that Daniels Jennifer (CLO and Secretary) sold a total of 22,000 shares of the company’s common stock. The trade occurred on Aug 08 ’24 and was made at $102.76 per share for $2.26 million. Following the transaction, the insider now directly holds 59726.0 shares of the CL stock.
Still, SEC filings show that on Aug 08 ’24, Daniels Jennifer (Officer) Proposed Sale 22,000 shares at an average price of $102.76 for $2.26 million. The insider now directly holds shares of Colgate-Palmolive Co. (CL).
