ETF Managers Group LLC Boosts Confidence in Colgate-Palmolive with New Position Purchase

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COLGATE-PALMOLIVE ($NYSE:CL): ETF Managers Group LLC recently demonstrated their confidence in the Colgate-Palmolive Company (NYSE: CL) by adding a new position in the company. It has a portfolio of well-known brands, including Colgate, Tom’s of Maine, Palmolive, Ajax, Fabuloso, and Speed Stick, among others. Colgate-Palmolive has a proven track record of success, generating top-line growth and increased profitability through prudent acquisitions, cost savings, new product innovation, and strategic partnerships. The company has consistently delivered strong financial results for its shareholders and is expected to continue to do so in the foreseeable future.

In addition, its long history and strong global presence make it an attractive investment for ETF Managers Group LLC. This could provide a strong foundation for the company’s continuing success and is expected to provide a strong return on the investment. With its long history of success and its global presence, Colgate-Palmolive remains an attractive investment for many investors.

Price History

COLGATE-PALMOLIVE COMPANY opened at $77.9 and closed at $77.6, down by 0.2% from the prior closing price of $77.8. With this purchase, investors can be sure that the company is heading in the right direction and will continue to yield valuable returns in the future. Live Quote…

About the Company

Income Snapshot

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Cash Flow Snapshot

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Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Colgate-palmolive Company. More…

Key Ratios Snapshot

Some of the financial key ratios for Colgate-palmolive Company are shown below. More…

Analysis

GoodWhale recently conducted an analysis of COLGATE-PALMOLIVE COMPANY‘s wellbeing. Based on our Star Chart, we classified COLGATE-PALMOLIVE COMPANY as a ‘cow’- a type of company with a track record of paying out consistent and sustainable dividends. This means that investors who are looking for a steady stream of dividends may be interested in investing in such a company. COLGATE-PALMOLIVE COMPANY is strong in dividend and profitability, however, their asset and growth capabilities are weaker. Despite this, COLGATE-PALMOLIVE COMPANY scores 8/10 for its health with regards to cashflows and debt, making it a reliable option for investors in times of crisis. More…

Peers

The Colgate-Palmolive Co is in competition with Unilever PLC, Henkel AG & Co KGaA, Clorox Co, and other companies. All of these companies are vying for a share of the market in the production and sale of consumer products. The competition is intense and each company is trying to outdo the others in terms of quality, price, and innovation.

– Unilever PLC ($LSE:ULVR)

Unilever PLC is a British-Dutch multinational consumer goods company. It is one of the world’s largest consumer goods companies with a presence in over 190 countries. The company has a wide portfolio of brands, including Dove, Lipton, Axe/Lynx, Hellmann’s, Omo, Knorr, Flora/Becel, Heartbrand ice creams and Ben & Jerry’s. It is also a major producer of margarine and spreads.

Unilever’s market cap as of 2022 was 97.96B. The company’s ROE was 30.85%.

Unilever is a company that is dedicated to improving the lives of people all over the world. The company does this by providing quality products that make everyday life easier and more enjoyable. Unilever is committed to making a positive difference in the world and to being a force for good.

– Henkel AG & Co KGaA ($LTS:0IZC)

Henkel AG & Co KGaA is a German consumer goods company which operates in three main business areas: laundry and home care, beauty care, and adhesive technologies. The company has a market cap of 26.23B as of 2022 and a Return on Equity of 4.84%. Henkel was founded in 1876 and is headquartered in Düsseldorf, Germany. The company employs around 53,000 people worldwide and its products are sold in more than 125 countries.

– Clorox Co ($NYSE:CLX)

The Clorox Company is an American multinational manufacturer and marketer of consumer and professional products with about 8,100 employees worldwide as of 2019. Its fiscal 2019 revenue was US$6.1 billion. The company’s headquarters are in Oakland, California.

Clorox products are sold in more than 100 countries and include laundry and cleaning products such as bleach, disinfecting wipes and cleaners, and other household products. The company has been headquartered in Oakland, California, since it was founded in 1913.

The Clorox Company’s market capitalization is $16.67 billion as of 2022. Its Return on Equity (ROE) is 93.23%.

The Clorox Company is a diversified consumer products company with operations in the United States, Canada, Europe and Latin America. Clorox markets some of the most trusted and recognized consumer brand names, including its namesake bleach and disinfecting products, Pine-Sol® cleaners, Liquid Plumr® clog removers, Poett® home care products, Fresh Step® cat litter, Glad® bags, wraps and containers, Kingsford® charcoal, Hidden Valley® ranch dressing, Brita® water-filtration products, Burt’s Bees® natural personal care products, RenewLife® digestive health products and Green Works® natural cleaners.

Summary

Colgate-Palmolive Company is a major consumer products manufacturer, producing and distributing products in the areas of oral care, personal care, home care and pet nutrition. Recently, ETF Managers Group LLC has shown confidence in the company by making a large new position purchase. As a result, Colgate-Palmolive is an attractive investment option for those looking to capitalize on its strength in the consumer goods market. Overall, Colgate-Palmolive provides a solid investment opportunity with potential for long-term growth and dividend income.