Stonehage Fleming Financial Services Holdings Ltd Sells 371,924 Shares of Colgate-Palmolive Company $CL

Stonehage Fleming Financial Services Holdings Ltd lessened its stake in shares of Colgate-Palmolive Company (NYSE:CL - Free Report) by 99.3% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 2,565 shares of the company's stock after selling 371,924 shares during the quarter. Stonehage Fleming Financial Services Holdings Ltd's holdings in Colgate-Palmolive were worth $205,000 as of its most recent SEC filing.3 “Forever Stocks” to Hold When the Market Won’t Sit StillOther institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Westside Investment Management Inc. raised its holdings in Colgate-Palmolive by 85.5% in the 2nd quarter. Westside Investment Management Inc. now owns 282 shares of the company's stock valued at $26,000 after acquiring an additional 130 shares in the last quarter. Copia Wealth Management acquired a new position in Colgate-Palmolive in the third quarter valued at about $29,000. Vermillion & White Wealth Management Group LLC lifted its position in Colgate-Palmolive by 86.1% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 335 shares of the company's stock worth $30,000 after purchasing an additional 155 shares during the period. MTM Investment Management LLC acquired a new stake in Colgate-Palmolive during the second quarter worth about $39,000. Finally, Louisbourg Investments Inc. increased its holdings in Colgate-Palmolive by 94.7% in the 3rd quarter. Louisbourg Investments Inc. now owns 514 shares of the company's stock valued at $41,000 after buying an additional 250 shares during the period. 80.41% of the stock is owned by institutional investors and hedge funds. Get Colgate-Palmolive alerts:Wall Street Analysts Forecast GrowthSeveral analysts recently weighed in on the company. Wells Fargo & Company set a $86.00 price objective on Colgate-Palmolive and gave the company an "equal weight" rating in a research note on Tuesday, January 13th. Deutsche Bank Aktiengesellschaft set a $86.00 target price on Colgate-Palmolive in a report on Friday, October 10th. Bank of America lowered their target price on shares of Colgate-Palmolive from $98.00 to $88.00 and set a "buy" rating for the company in a research note on Wednesday, October 8th. Raymond James Financial cut their price target on Colgate-Palmolive from $105.00 to $95.00 and set an "outperform" rating on the stock in a report on Monday, October 20th. Finally, Morgan Stanley dropped their target price on shares of Colgate-Palmolive from $96.00 to $87.00 and set an "overweight" rating on the stock in a research report on Monday, November 3rd. Eleven research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $89.44.4 Reasons Colgate-Palmolive Is a No-Brainer Hold Through 2027Read Our Latest Research Report on CLColgate-Palmolive Stock PerformanceShares of CL opened at $85.86 on Wednesday. Colgate-Palmolive Company has a 52-week low of $74.54 and a 52-week high of $100.18. The company has a debt-to-equity ratio of 5.90, a quick ratio of 0.60 and a current ratio of 0.93. The stock has a market capitalization of $69.21 billion, a price-to-earnings ratio of 24.05, a price-to-earnings-growth ratio of 5.75 and a beta of 0.30. The stock's 50-day simple moving average is $80.32 and its 200 day simple moving average is $81.37. 3 Stocks Poised to Benefit From Google’s AI BreakthoughColgate-Palmolive (NYSE:CL - Get Free Report) last announced its earnings results on Friday, October 31st. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.02. The company had revenue of $5.13 billion during the quarter, compared to analyst estimates of $5.17 billion. Colgate-Palmolive had a net margin of 14.47% and a return on equity of 333.39%. The firm's quarterly revenue was up 1.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.91 earnings per share. Research analysts forecast that Colgate-Palmolive Company will post 3.75 EPS for the current fiscal year. Colgate-Palmolive Announces DividendThe business also recently disclosed a quarterly dividend, which will be paid on Friday, February 13th. Shareholders of record on Wednesday, January 21st will be issued a $0.52 dividend. The ex-dividend date is Wednesday, January 21st. This represents a $2.08 annualized dividend and a yield of 2.4%. Colgate-Palmolive's dividend payout ratio is 58.26%. Colgate-Palmolive Company Profile (Free Report)Colgate-Palmolive Company is a global consumer products company with a long history in household and personal care categories. The business traces its roots to the early 19th century and has evolved into a multinational manufacturer and marketer of everyday consumer goods focused on health, hygiene and home care. The company's core activities center on oral care, personal care, home care and pet nutrition. Its product portfolio includes toothpaste, toothbrushes and mouthwash in oral care; soaps, body washes and deodorants in personal care; dishwashing liquids, surface cleaners and other household products in home care; and scientifically formulated pet foods under its pet nutrition business.Read MoreFive stocks we like better than Colgate-PalmoliveAmerica's Next Power Move Starts UndergroundYour Signature Is Missing – Act Before It’s Too LateNEW LAW: Congress Approves Setup For Digital Dollar?Refund From 1933: Trump’s Reset May Create Instant WealthNvidia’s 3 Secret PartnersThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Colgate-Palmolive Right Now?Before you consider Colgate-Palmolive, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Colgate-Palmolive wasn't on the list.While Colgate-Palmolive currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here