Colgate-Palmolive Co (NYSE: CL) is 17.79% higher on its value in year-to-date trading and has touched a low of $75.50 and a high of $109.30 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 $92.94 in the last trading session, with the day’s gains setting it 0.95%.
Currently trading at $93.89, the stock is -0.48% and -2.47% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.32 million and changing 1.02% at the moment leaves the stock -2.07% off its SMA200. CL registered 21.67% gain for a year compared to 6-month loss of -0.07%. The firm has a 50-day simple moving average (SMA 50) of $96.4614 and a 200-day simple moving average (SMA200) of $95.83495.
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The stock witnessed a 1.43% gain in the last 1 month and extending the period to 3 months gives it a -11.53%, and is -0.76% down 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 1.63% over the week and 1.67% over the month.
Colgate-Palmolive Co (CL) has around 34000 employees, a market worth around $76.71B and $20.11B in sales. Current P/E ratio is 26.97 and Fwd P/E is 24.25. Profit margin for the company is 14.27%. Distance from 52-week low is 24.36% and -14.10% from its 52-week high. The company has generated returns on investments over the last 12 months (34.38%).
with sales reaching $5.05B over the same period.The EPS is expected to grow by 10.97% this year, but quarterly earnings will post 3.81% year-over-year. Quarterly sales are estimated to grow 2.00% in year-over-year returns.
Colgate-Palmolive Co (CL) Top Institutional Holders
2521.0 institutions hold shares in Colgate-Palmolive Co (CL), with institutional investors hold 85.79% of the company’s shares. The shares outstanding are 817.01M, and float is at 816.06M with Short Float at 1.37%. Institutions hold 85.68% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 80.32 million shares valued at $7.79 billion. The investor’s holdings represent 9.7614% of the CL Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 61.62 million shares valued at $5.98 billion to account for 7.4887 of the shares outstanding. The other top investors are STATE STREET CORP which holds 46.65 million shares representing 5.6699% and valued at over $4.53 billion, while PRICE T ROWE ASSOCIATES INC /MD/ holds 4.6491 of the shares totaling 38.25 million with a market value of $3.71 billion.
Colgate-Palmolive Co (CL) Insider Activity
The most recent transaction is an insider sale by Malcolm Gregory, the company’s EVP and Controller. SEC filings show that Malcolm Gregory sold 1,054 shares of the company’s common stock on Nov 26 ’24 at a price of $95.94 per share for a total of $0.1 million. Following the sale, the insider now owns 9620.0 shares.
Colgate-Palmolive Co disclosed in a document filed with the SEC on Nov 22 ’24 that Wallace Noel R. (Chairman, President & CEO) sold a total of 33,333 shares of the company’s common stock. The trade occurred on Nov 22 ’24 and was made at $95.00 per share for $3.17 million. Following the transaction, the insider now directly holds 0.27 million shares of the CL stock.
Still, SEC filings show that on Nov 22 ’24, Wallace Noel R. (Officer) Proposed Sale 33,333 shares at an average price of $95.00 for $3.17 million. The insider now directly holds shares of Colgate-Palmolive Co (CL).
