Vanguard Group Inc. Boosts Stock Holdings in Colgate-Palmolive Company $CL

Vanguard Group Inc. increased its stake in Colgate-Palmolive Company by 0.2% in the third quarter, now owning over 82.9 million shares valued at about $6.63 billion. Colgate-Palmolive recently reported strong quarterly results, beating EPS and revenue expectations, and offers a quarterly dividend of $0.52 per share. Despite ongoing insider selling, analysts maintain a “Moderate Buy” rating with a consensus price target of $94.38 for the company.

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