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Stanley Sutula III Sells 97,843 Shares of Colgate-Palmolive (NYSE:CL) Stock
Colgate-Palmolive CFO Stanley Sutula III sold 97,843 shares of company stock on February 4th for approximately $9.22 million, reducing his stake by 63.89%. The company recently reported strong earnings, beating analyst estimates with $0.95 EPS and $5.23 billion in revenue, and declared a quarterly dividend of $0.52 per share. Analyst ratings for CL shares are predominantly “Buy” or “Hold,” with an average price target of $94.47.