NEOS Investment Management LLC significantly increased its stake in Colgate-Palmolive Company (NYSE:CL) by 44.3% in the third quarter, bringing its total holdings to 107,824 shares valued at $8.62 million. This comes despite recent insider selling by company executives. Analysts maintain a generally positive outlook on Colgate-Palmolive, with an average “Moderate Buy” rating and a price target of $94.38, following a recent earnings beat and upward revisions from major firms.
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Colgate-Palmolive Company $CL Position Boosted by NEOS Investment Management LLC
NEOS Investment Management LLC significantly increased its stake in Colgate-Palmolive Company (NYSE:CL) by 44.3% in the third quarter, bringing its total holdings to 107,824 shares valued at $8.62 million. This comes despite recent insider selling by company executives. Analysts maintain a generally positive outlook on Colgate-Palmolive, with an average “Moderate Buy” rating and a price target of $94.38, following a recent earnings beat and upward revisions from major firms.