Colgate-Palmolive Company $CL Shares Purchased by Citigroup Inc.

2026-03-02 07:50:50

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Citigroup Inc. significantly increased its holdings in Colgate-Palmolive Company (NYSE:CL) by 43.7% in the third quarter, bringing its total to 1,346,590 shares valued at approximately $107.65 million. Despite insider selling activity by CFO Stanley J. Sutula III and Sally Massey, analysts maintain a “Moderate Buy” consensus rating with an average price target of $94.75, following Colgate’s strong Q3 earnings of $0.95 EPS and $5.23 billion in revenue, surpassing estimates. The company also declared a quarterly dividend of $0.52 per share, offering a 2.2% yield.

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