Colgate-Palmolive Co. (NYSE:CL)’s share price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $75.34 and last traded at $74.73, with a volume of 2,010,469 shares traded. The stock had previously closed at $75.11.

A number of equities analysts have issued reports on the stock. B. Riley reissued a “neutral” rating and set a $71.00 price target on shares of Colgate-Palmolive in a research report on Wednesday, May 4th. Atlantic Securities assumed coverage on shares of Colgate-Palmolive in a research report on Wednesday, June 1st. They set an “overweight” rating for the company. Citigroup Inc. raised their price target on shares of Colgate-Palmolive from $82.00 to $88.00 and gave the stock a “buy” rating in a research report on Friday. Zacks Investment Research lowered shares of Colgate-Palmolive from a “buy” rating to a “hold” rating in a research report on Wednesday, April 20th. Finally, Morgan Stanley reissued a “hold” rating on shares of Colgate-Palmolive in a research report on Friday, April 29th. Fourteen investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $73.61.

The stock has a 50 day moving average of $73.13 and a 200 day moving average of $70.07. The firm has a market cap of $66.73 billion and a P/E ratio of 48.1948.

Colgate-Palmolive (NYSE:CL) last posted its quarterly earnings data on Thursday, July 28th. The company reported $0.70 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.69 by $0.01. During the same period in the previous year, the company posted $0.70 earnings per share. The firm earned $3.85 billion during the quarter, compared to analyst estimates of $3.86 billion. Colgate-Palmolive’s revenue was down 5.4% compared to the same quarter last year. Equities analysts forecast that Colgate-Palmolive Co. will post $2.82 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Monday, August 15th. Stockholders of record on Friday, July 22nd will be paid a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 2.08%. The ex-dividend date is Wednesday, July 20th.

In other news, CTO Patricia Verduin sold 3,666 shares of the company’s stock in a transaction that occurred on Monday, May 16th. The stock was sold at an average price of $71.59, for a total transaction of $262,448.94. Following the completion of the sale, the chief technology officer now owns 54,602 shares in the company, valued at $3,908,957.18. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Delia H. Thompson sold 40,000 shares of the company’s stock in a transaction that occurred on Thursday, May 5th. The stock was sold at an average price of $72.08, for a total value of $2,883,200.00. Following the sale, the vice president now owns 187,673 shares of the company’s stock, valued at approximately $13,527,469.84. The disclosure for this sale can be found here.

Several large investors recently added to or reduced their stakes in CL. Gulf International Bank UK Ltd boosted its stake in Colgate-Palmolive by 2.3% in the fourth quarter. Gulf International Bank UK Ltd now owns 253,548 shares of the company’s stock valued at $16,891,000 after buying an additional 5,800 shares during the period. Verity & Verity LLC boosted its stake in Colgate-Palmolive by 14.0% in the fourth quarter. Verity & Verity LLC now owns 32,022 shares of the company’s stock valued at $2,133,000 after buying an additional 3,923 shares during the period. Vaughan David Investments Inc. IL boosted its stake in Colgate-Palmolive by 0.3% in the fourth quarter. Vaughan David Investments Inc. IL now owns 266,780 shares of the company’s stock valued at $17,773,000 after buying an additional 900 shares during the period. Hamilton Point Investment Advisors LLC boosted its stake in Colgate-Palmolive by 5.6% in the fourth quarter. Hamilton Point Investment Advisors LLC now owns 60,488 shares of the company’s stock valued at $4,030,000 after buying an additional 3,200 shares during the period. Finally, Tredje AP fonden boosted its stake in Colgate-Palmolive by 1.4% in the fourth quarter. Tredje AP fonden now owns 55,883 shares of the company’s stock valued at $3,723,000 after buying an additional 787 shares during the period.

Colgate-Palmolive Company (Colgate) is a consumer products company, whose products are marketed in over 200 countries and territories throughout the world. The Company’s segments include Oral, Personal and Home Care, and Pet Nutrition. The Oral, Personal and Home Care product segment is operated through over five geographic segments, which include North America, Latin America, Europe/South Pacific, Asia and Africa/Eurasia.

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