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Colgate-Palmolive beat Q4 earnings estimates, despite changes in investment firm stakes.
Investment firm King Luther Capital Management reduced its stake in Colgate-Palmolive by 3.6%, while Briaud Financial Planning acquired a new stake.
Colgate-Palmolive beat Q4 earnings estimates, reporting $0.91 EPS and a net margin of 14.38%.
The company has a dividend yield of 2.05% and operates in oral, personal, home care, and pet nutrition segments.
Analysts have a "Moderate Buy" rating with a $101.61 price target.
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Colgate-Palmolive superó las estimaciones de ganancias del Q4, a pesar de los cambios en las apuestas de las empresas de inversión.