Envestnet Asset Management Inc. Increases Stake in Colgate-Palmolive Company $CL
MarketBeat
Envestnet Asset Management Inc. significantly increased its holdings in Colgate-Palmolive Company (NYSE:CL) by 266.5% during the second quarter, acquiring over 3 million additional shares. This brings their total stake to 4.15 million shares valued at approximately $380.1 million. The company's stock has seen considerable institutional investor activity, alongside mixed insider selling, while analysts generally maintain a "Moderate Buy" rating with a target price of $98.94.
Read the full story
This is a short summary. The complete article is published by MarketBeat.
Headline and summary aggregated from public news feeds. For information only — not financial advice.