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Tradewinds LLC boosts Colgate-Palmolive stake; company beats forecasts despite revenue dip.
Tradewinds LLC has increased its holdings in Colgate-Palmolive by acquiring 2,136 shares, now owning 65,967 shares.
Colgate-Palmolive reported an EPS of $0.91 for the quarter, beating forecasts.
The company's stock is valued at $74.36 billion with a dividend yield of 2.27%.
Despite a 3% drop in revenue, Colgate-Palmolive's financial metrics remain strong, with a net margin of 14.52%.
Institutional investor Rice Partnership LLC has sold off a portion of its shares, but analysts predict Colgate-Palmolive will post 3.75 EPS for the year.
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Tradewinds LLC aumenta su participación en Colgate-Palmolive; la compañía supera los pronósticos a pesar de la caída de los ingresos.