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Banking & Finance

Colgate-Palmolive Company $CL Stock Position Increased by Qsemble Capital Management LP

·15 Aug
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Qsemble Capital Management LP significantly increased its stake in Colgate-Palmolive Company by 124.9% in the second quarter, now holding 69,862 shares valued at $6.4 million. This move is part of broader institutional interest, with analysts maintaining a "Moderate Buy" rating and an average price target of $99.00. The company recently exceeded earnings expectations, reporting $0.99 EPS and a 4.9% revenue increase, and offers a quarterly dividend of $0.53 per share.

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