<div id="readability-page-1"><p>AMI Asset Management Corp lessened its holdings in shares of  Colgate-Palmolive Company (NYSE:CL - Free Report) by 3.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor  owned 518,183 shares of the company's stock after selling 19,255 shares during the quarter. Colgate-Palmolive makes up   2.3% of AMI Asset Management Corp's investment portfolio, making the stock its 20th largest holding. AMI Asset Management Corp owned 0.06% of Colgate-Palmolive worth $41,424,000 as of its most recent SEC filing.</p><div><p><span></span><span>Get <strong>Colgate-Palmolive</strong> alerts:</span></p></div><ul><li>4 Reasons Colgate-Palmolive Is a No-Brainer Hold Through 2027</li></ul><p>A number of other hedge funds have also made changes to their positions in the stock. DecisionMap Wealth Management LLC grew its position in  Colgate-Palmolive by 5.2% during the third quarter. DecisionMap Wealth Management LLC now owns 6,657 shares of the company's stock valued at $532,000 after purchasing an additional 330 shares in the last quarter.  Blue Trust Inc. boosted its stake in shares of  Colgate-Palmolive by 3.4% during the 3rd quarter. Blue Trust Inc. now owns 10,415 shares of the company's stock valued at $833,000 after buying an additional 342 shares during the period.  Avanza Fonder AB grew its holdings in shares of  Colgate-Palmolive by 9.6% during the 3rd quarter. Avanza Fonder AB now owns 83,898 shares of the company's stock valued at $6,707,000 after acquiring an additional 7,316 shares in the last quarter.  CWM LLC increased its stake in shares of  Colgate-Palmolive by 14.4% in the third quarter. CWM LLC now owns 37,680 shares of the company's stock worth $3,012,000 after acquiring an additional 4,735 shares during the last quarter.  Finally, Busey Bank raised its holdings in shares of  Colgate-Palmolive by 0.9% during the third quarter. Busey Bank now owns 172,027 shares of the company's stock worth $13,752,000 after acquiring an additional 1,615 shares in the last quarter. 80.41% of the stock is owned by hedge funds and other institutional investors. </p><h2>Analyst Ratings Changes</h2><p>A number of equities research analysts have recently weighed in on CL shares. The Goldman Sachs Group cut their price target on Colgate-Palmolive from $106.00 to $91.00 and set a &#34;buy&#34; rating for the company in a research note on Thursday, October 2nd. Bank of America reduced their target price on shares of Colgate-Palmolive from $98.00 to $88.00 and set a &#34;buy&#34; rating for the company in a research note on Wednesday, October 8th. Piper Sandler began coverage on shares of Colgate-Palmolive in a research note on Friday, October 3rd. They set a &#34;neutral&#34; rating and a $84.00 price target on the stock. Evercore ISI reduced their price objective on shares of Colgate-Palmolive from $100.00 to $94.00 and set an &#34;outperform&#34; rating for the company in a research note on Monday, November 3rd. Finally, Jefferies Financial Group  set a $85.00 price objective on shares of Colgate-Palmolive in a report on Tuesday, December 16th. Ten analysts have rated the stock with a Buy rating, five have given a Hold rating and one  has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of &#34;Moderate Buy&#34; and an average target price of $88.81.</p><ul><li>3 Stocks Poised to Benefit From Google’s AI Breakthough</li></ul><p><b>Get Our Latest Research Report on Colgate-Palmolive</b></p><h2>Colgate-Palmolive Stock Up 0.7%</h2><p>Shares of CL opened at $80.50 on Friday. The company has a quick ratio of 0.60, a current ratio of 0.93 and a debt-to-equity ratio of 5.90. The company has a 50-day moving average price of $78.49 and a two-hundred day moving average price of $82.84. The stock has a market cap of $64.89 billion, a price-to-earnings ratio of 22.55, a P/E/G ratio of 5.72 and a beta of 0.30. Colgate-Palmolive Company has a 12 month low of $74.54 and a 12 month high of $100.18. </p><ul><li>Cleveland-Cliffs Breaks to New Highs on Earnings, More Upside?</li></ul><p>Colgate-Palmolive (NYSE:CL - Get Free Report) last issued its earnings results on Friday, October 31st. The company reported $0.91 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.89 by $0.02. Colgate-Palmolive had a return on equity of 333.39% and a net margin of 14.47%.The business had revenue of $5.13 billion during the quarter, compared to analysts' expectations of $5.17 billion. During the same period in the prior year, the firm posted $0.91 EPS. Colgate-Palmolive's quarterly revenue was up 1.9% compared to the same quarter last year.  Equities analysts predict that  Colgate-Palmolive Company will post 3.75 EPS for the current fiscal year. </p><h2>Colgate-Palmolive Announces Dividend</h2><p>The company also recently announced a quarterly dividend, which will be paid on Friday, February 13th. Stockholders of record on Wednesday, January 21st will be issued a $0.52 dividend. The ex-dividend date of this dividend is Wednesday, January 21st. This represents a $2.08 annualized dividend and a dividend yield of 2.6%. Colgate-Palmolive's dividend payout ratio  is presently 58.26%. </p><h2>Colgate-Palmolive Profile</h2> (Free Report)<p>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.  </p><p>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.</p><h2>See Also</h2><ul><li>Five stocks we like better than Colgate-Palmolive</li><li>Put $1,000 into this stock by Jan 1 [Not NVDA]</li><li>Turn your &#34;dead money&#34; into $306+ monthly (starting this month)</li><li>Washington prepares for war</li><li>Strange Crystal Metal Outperforms Silicon Up to 100X</li><li>33,000% boom from weird new “AI Fuel?”</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUNM?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUNM"/></p><p><em>This 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.</em></p><h2>Should You Invest $1,000 in Colgate-Palmolive Right Now?</h2><p>Before you consider Colgate-Palmolive, you'll want to hear this.</p><p>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.</p><p>While Colgate-Palmolive currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>AMI Asset Management Corp reduced its holdings in Colgate-Palmolive Company by 3.6% in the 3rd quarter, now owning 518,183 shares worth $41.42 million. Other hedge funds also adjusted their positions. Analysts have mixed ratings on the stock, with an average target price of $88.81. Colgate-Palmolive reported $0.91 EPS for the last quarter, beating estimates, and announced a dividend.</p>

AMI Asset Management Corp Has $41.42 Million Stock Position in Colgate-Palmolive Company $CL