Colgate-Palmolive (CL) Expected to Announce Earnings on Friday

Colgate-Palmolive (NYSE:CL - Get Free Report) is expected to be releasing its Q1 2025 earnings data before the market opens on Friday, April 25th. Analysts expect the company to announce earnings of $0.88 per share and revenue of $4.92 billion for the quarter. Colgate-Palmolive has set its FY 2025 guidance at EPS.

Colgate-Palmolive (NYSE:CL - Get Free Report) last posted its quarterly earnings data on Friday, January 31st. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.01. Colgate-Palmolive had a net margin of 14.38% and a return on equity of 477.77%. During the same period in the previous year, the firm posted $0.87 earnings per share. On average, analysts expect Colgate-Palmolive to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Colgate-Palmolive Price Performance

Shares of CL stock traded down $1.92 during trading hours on Wednesday, reaching $93.89. 8,496,316 shares of the company were exchanged, compared to its average volume of 4,620,021. Colgate-Palmolive has a fifty-two week low of $85.32 and a fifty-two week high of $109.30. The company has a debt-to-equity ratio of 13.40, a current ratio of 0.92 and a quick ratio of 0.58. The stock's fifty day moving average is $91.78 and its two-hundred day moving average is $92.31. The company has a market cap of $76.15 billion, a price-to-earnings ratio of 26.67, a P/E/G ratio of 4.20 and a beta of 0.40.

Colgate-Palmolive Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Thursday, April 17th will be issued a dividend of $0.52 per share. This is an increase from Colgate-Palmolive's previous quarterly dividend of $0.50. The ex-dividend date is Thursday, April 17th. This represents a $2.08 annualized dividend and a yield of 2.22%. Colgate-Palmolive's dividend payout ratio is currently 59.09%.

Colgate-Palmolive announced that its board has approved a stock buyback plan on Thursday, March 20th that permits the company to repurchase $5.00 billion in shares. This repurchase authorization permits the company to purchase up to 6.8% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's board believes its shares are undervalued.

Hedge Funds Weigh In On Colgate-Palmolive

An institutional investor recently raised its position in Colgate-Palmolive stock. Brighton Jones LLC increased its holdings in shares of Colgate-Palmolive (NYSE:CL - Free Report) by 4.4% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 10,578 shares of the company's stock after purchasing an additional 450 shares during the period. Brighton Jones LLC's holdings in Colgate-Palmolive were worth $962,000 as of its most recent filing with the SEC. Institutional investors and hedge funds own 80.41% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on CL shares. StockNews.com cut Colgate-Palmolive from a "buy" rating to a "hold" rating in a report on Wednesday, April 16th. UBS Group lifted their price target on shares of Colgate-Palmolive from $105.00 to $109.00 and gave the stock a "buy" rating in a research report on Thursday, April 17th. Royal Bank of Canada reiterated a "sector perform" rating and set a $101.00 target price on shares of Colgate-Palmolive in a research report on Wednesday, January 29th. Piper Sandler dropped their price objective on Colgate-Palmolive from $108.00 to $107.00 and set an "overweight" rating for the company in a report on Monday, March 31st. Finally, Raymond James restated an "outperform" rating and set a $105.00 target price (down previously from $110.00) on shares of Colgate-Palmolive in a report on Monday, February 3rd. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat, Colgate-Palmolive presently has an average rating of "Hold" and an average price target of $102.17.

About Colgate-Palmolive

Colgate-Palmolive Company, together with its subsidiaries, manufactures and sells consumer products in the United States and internationally. It operates through two segments: Oral, Personal and Home Care; and Pet Nutrition. The Oral, Personal and Home Care segment offers toothpaste, toothbrushes, mouthwash, bar and liquid hand soaps, shower gels, shampoos, conditioners, deodorants and antiperspirants, skin health products, dishwashing detergents, fabric conditioners, household cleaners, and other related items.