VIRGINIA RETIREMENT SYSTEMS ET Al Invests $111.11 Million in Colgate-Palmolive Company $CL
MarketBeat
Virginia Retirement Systems Et Al (VRS) has invested $111.11 million in Colgate-Palmolive Company (NYSE:CL) by purchasing 1.21 million shares, making it the 25th largest holding in VRS's portfolio. The investment comes as Colgate-Palmolive reported strong quarterly earnings, surpassing analyst expectations with an EPS of $0.99 and a 4.9% increase in revenue. Analysts maintain a "Moderate Buy" rating for CL, with an average price target of $99, and the company offers a quarterly dividend of $0.53
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