Colgate-PalmoliveCL
Market Cap: $88.1B
About: Since its founding in 1806, Colgate-Palmolive has grown to become a leading player in the household and personal care arena. In addition to its namesake oral care line (which accounts for more than 40% of its total sales), the firm manufactures shampoos, shower gels, deodorants, and homecare products that are sold in over 200 countries. International sales account for about 70% of its total business, including approximately 45% from emerging regions. It also owns specialty pet food maker Hill's (around one fifth of sales), which primarily sells its products through veterinarians and specialty pet retailers.
Employees: 34,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
37% more first-time investments, than exits
New positions opened: 153 | Existing positions closed: 112
15% more call options, than puts
Call options by funds: $455M | Put options by funds: $396M
11% more funds holding in top 10
Funds holding in top 10: 9 [Q1] → 10 (+1) [Q2]
5% more capital invested
Capital invested by funds: $61.6B [Q1] → $64.8B (+$3.19B) [Q2]
2% more funds holding
Funds holding: 1,731 [Q1] → 1,772 (+41) [Q2]
7% less repeat investments, than reductions
Existing positions increased: 605 | Existing positions reduced: 653
1.8% less ownership
Funds ownership: 83.23% [Q1] → 81.44% (-1.8%) [Q2]
Research analyst outlook
16 Wall Street Analysts provided 1 year price targets over the past 3 months
16 analyst ratings
UBS Peter Grom 50% 1-year accuracy 7 / 14 met price target | 13%upside $122 | Buy Maintained | 4 Sept 2024 |
TD Cowen Robert Moskow 75% 1-year accuracy 21 / 28 met price target | 7%upside $115 | Buy Maintained | 30 Jul 2024 |
Bernstein Callum Elliott 50% 1-year accuracy 1 / 2 met price target | 5%downside $103 | Market Perform Maintained | 30 Jul 2024 |
Deutsche Bank Steve Powers 93% 1-year accuracy 13 / 14 met price target | 1%downside $107 | Buy Maintained | 29 Jul 2024 |
Morgan Stanley Dara Mohsenian 85% 1-year accuracy 17 / 20 met price target | 3%upside $111 | Overweight Maintained | 29 Jul 2024 |
Financial journalist opinion
Based on 11 articles about CL published over the past 30 days