---
title: "Danica Pension Livsforsikringsaktieselskab Sells 100,763 Shares of Colgate-Palmolive Company $CL"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296323247.md"
description: "Danica Pension Livsforsikringsaktieselskab sold 100,763 shares of Colgate-Palmolive (NYSE:CL), reducing its stake by 24.7% in Q2. Other institutions like Brighton Jones LLC and Woodline Partners LP increased their holdings. Meanwhile, CEO Noel R. Wallace sold 161,021 shares for tax withholding obligations, and Director John T. Cahill sold 4,170 shares. Colgate-Palmolive recently reported quarterly earnings beating estimates and declared a $0.53 quarterly dividend."
datetime: "2026-08-19T08:24:57.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296323247.md)
  - [en](https://longbridge.com/en/news/296323247.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296323247.md)
---

# Danica Pension Livsforsikringsaktieselskab Sells 100,763 Shares of Colgate-Palmolive Company $CL

Danica Pension Livsforsikringsaktieselskab trimmed its stake in Colgate-Palmolive Company (NYSE:CL - Free Report) by 24.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 307,752 shares of the company's stock after selling 100,763 shares during the period. Danica Pension Livsforsikringsaktieselskab's holdings in Colgate-Palmolive were worth $28,215,000 as of its most recent SEC filing.

Get **Colgate-Palmolive** alerts:

-   3 Dividend Kings With Income, Stability, and a Possible Catalyst

Several other hedge funds have also recently bought and sold shares of the stock. Brighton Jones LLC increased its position in shares of Colgate-Palmolive by 4.4% during the 4th quarter. Brighton Jones LLC now owns 10,578 shares of the company's stock worth $962,000 after purchasing an additional 450 shares in the last quarter. Woodline Partners LP grew its stake in Colgate-Palmolive by 76.3% during the first quarter. Woodline Partners LP now owns 46,361 shares of the company's stock worth $4,344,000 after buying an additional 20,062 shares during the last quarter. Schnieders Capital Management LLC. grew its stake in Colgate-Palmolive by 2.0% during the second quarter. Schnieders Capital Management LLC. now owns 12,494 shares of the company's stock worth $1,136,000 after buying an additional 245 shares during the last quarter. Nebula Research & Development LLC increased its holdings in shares of Colgate-Palmolive by 165.5% during the second quarter. Nebula Research & Development LLC now owns 10,326 shares of the company's stock worth $939,000 after buying an additional 6,437 shares in the last quarter. Finally, Sei Investments Co. raised its stake in shares of Colgate-Palmolive by 21.7% in the second quarter. Sei Investments Co. now owns 657,093 shares of the company's stock valued at $59,732,000 after acquiring an additional 116,968 shares during the last quarter. 80.41% of the stock is currently owned by institutional investors and hedge funds.

## Colgate-Palmolive Stock Up 1.4%

NYSE:CL opened at $91.45 on Wednesday. The company has a quick ratio of 0.67, a current ratio of 1.03 and a debt-to-equity ratio of 13.82. Colgate-Palmolive Company has a 12-month low of $74.54 and a 12-month high of $99.33. The stock's fifty day simple moving average is $91.83 and its 200-day simple moving average is $90.10. The firm has a market capitalization of $72.90 billion, a P/E ratio of 36.29, a P/E/G ratio of 4.48 and a beta of 0.33.

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Colgate-Palmolive (NYSE:CL - Get Free Report) last released its quarterly earnings data on Friday, July 31st. The company reported $0.99 EPS for the quarter, beating analysts' consensus estimates of $0.95 by $0.04. Colgate-Palmolive had a return on equity of 464.63% and a net margin of 9.68%.The business had revenue of $5.36 billion during the quarter, compared to the consensus estimate of $5.36 billion. During the same quarter in the prior year, the company posted $0.92 earnings per share. The firm's revenue was up 4.9% on a year-over-year basis. Equities research analysts expect that Colgate-Palmolive Company will post 3.86 earnings per share for the current year.

## Colgate-Palmolive Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, August 14th. Stockholders of record on Monday, July 20th were paid a $0.53 dividend. The ex-dividend date of this dividend was Monday, July 20th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.3%. Colgate-Palmolive's dividend payout ratio is 84.13%.

## Insider Transactions at Colgate-Palmolive

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In related news, CEO Noel R. Wallace sold 161,021 shares of the stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $91.92, for a total value of $14,801,050.32. Following the sale, the chief executive officer directly owned 362,231 shares in the company, valued at $33,296,273.52. This trade represents a 30.77% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director John T. Cahill sold 4,170 shares of Colgate-Palmolive stock in a transaction that occurred on Thursday, August 6th. The stock was sold at an average price of $93.37, for a total transaction of $389,352.90. Following the transaction, the director directly owned 28,373 shares in the company, valued at $2,649,187.01. The trade was a 12.81% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.43% of the company's stock.

## Wall Street Analyst Weigh In

Several research analysts have recently commented on CL shares. Morgan Stanley reissued an "overweight" rating and issued a $104.00 target price on shares of Colgate-Palmolive in a report on Monday, August 3rd. Piper Sandler lifted their price objective on Colgate-Palmolive from $92.00 to $96.00 and gave the company an "overweight" rating in a research report on Thursday, July 9th. Jefferies Financial Group reissued a "hold" rating on shares of Colgate-Palmolive in a research note on Monday, August 3rd. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a $101.00 target price on shares of Colgate-Palmolive in a report on Monday, August 3rd. Finally, Royal Bank Of Canada lifted their price target on Colgate-Palmolive from $102.00 to $104.00 and gave the company an "outperform" rating in a report on Monday, August 3rd. Twelve equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $99.00.

**Get Our Latest Research Report on CL**

## About Colgate-Palmolive

(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.

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_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._

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