Today, 11:16 AM
- The outperformance of low-P/E stocks that marked H1 is behind us, says RBC's Jonathan Golub, and it's time for the "Stable Growers" to re-asset leadership. He cautions about putting money to work too quickly though, noting the pullback so far has been limited.
- His list of Stable Growers (page 1, page 2): CHD, CL, CVS, K, MO, PEP, PG, PM, BCR, BDX, DGX, DVA, HSIC, JNJ, LH, MDT, SYK, TMO, UNH, ZBH, AFL, AON, MMC, TMK, CTAS, DHR, HON, ITW, LMT, MMM, NLSN, RSG, RTN, UPS, VRSK, WM, XYL, CMCSA, MCD, OMC, ADP, APH, EMC, MA, T, VZ, ECL, PX
Thu, Jun. 9, 4:37 PM
Thu, Jun. 2, 7:46 AM
- May monthly performance was: +0.76%
- 52-week performance vs. the S&P 500 is: +7%
- No dividends were paid in May
- Top 10 Holdings as of 4/30/2016: Consolidated Edison Inc (ED): 2.09%, Leggett & Platt Inc (LEG): 2.07%, S&P Global Inc (SPGI): 2.07%, Brown-Forman Corp Class B (BF.B): 2.07%, Colgate-Palmolive Co (CL): 2.06%, C.R. Bard Inc (BCR): 2.05%, Hormel Foods Corp (HRL): 2.05%, W.W. Grainger Inc (GWW): 2.05%, Clorox Co (CLX): 2.05%, McCormick & Co Inc Non-Voting (MKC): 2.05%
Mon, May 2, 11:21 AM
- Goldman Sachs upgrades Colgate-Palmolive (CL +1.8%) to a Neutral rating after having the stock lined up at Sell.
- The price target from GS goes to $75 from $62 on the view that gross margin expansion will sustain.
- Now read Colgate-Palmolive Company - Not Just Surviving, But Thriving
Thu, Apr. 28, 6:56 AM
Wed, Apr. 27, 5:30 PM
- AB, ABBV, ACOR, ADP, AEP, AET, AIT, ALKS, ALLE, ALXN, AME, APD, ASPS, AUO, AVT, AXTA, BC, BCOR, BG, BLL, BMS, BMY, BOFI, BWA, BWEN, BXLT, BZH, CAB, CAH, CBG, CCE, CELG, CHTR, CIT, CL, CLF, CLFD, CME, CMS, COMM, COP, COR, CRCM, CRI, CRR, CSH, CVI, CVRR, CWT, CY, DBD, DFT, DLX, DNKN, DOW, DPZ, EME, EPD, EQM, EQT, F, FCFS, FCN, GEO, GLOP, GNC, GOV, GTLS, GWR, HAR, HEES, HHS, HMC, HUN, I, IDA, IDCC, INGR, INSY, INT, IPGP, IQNT, IRDM, IRM, ITC, ITCI, IVC, IVZ, KERX, LANC, LBY, LKQ, LVLT, MA, MD, MDP, MHO, MINI, MITK, MJN, MMC, MO, MPC, MPLX, MSCI, MTH, NEE, NEWM, NOV, OAK, ODFL, ORI, OSK, PF, PJC, POT, PPL, PRLB, PTEN, QSR, RGS, RTIX, RTN, RUTH, SABR, SCG, SEE, SFE, SIRI, SNAK, SNE, SPB, SPIL, SQNS, TFX, THRM, TMO, TOWR, TPX, TWC, TZOO, UAN, UBSI, UFS, UPS, UTHR, VA, VAC, VC, VIAB, VIVO, WCC, WM, WNS, WST, XRS, YNDX, ZBH
Tue, Mar. 29, 5:51 PM
- Colgate-Palmolive (NYSE:CL) has promoted two company veterans as part of a plan to line up an eventual successor to CEO Ian Cook, Dow Jones reports.
- Justin Skala and Noel Wallace will assume co-COO roles starting on Friday, and are now considered the front runners to succeed Cook, who is expected to step down within the next five years, according to the report.
- Skala will oversee North America, Europe, Africa and global sustainability, while Walllace will be in charge of global innovation and growth and the company’s Hill’s pet food line.
- Fabian Garcia, a third potential successor to Cook, is resigning as COO to become CEO of Revlon, as he was said to believe that Cook did not plan to retire soon.
Thu, Mar. 10, 8:29 PM
- Colgate-Palmolive (NYSE:CL) says a previously-announced restructuring program will lead to the elimination 3,300 to 3,800 jobs by the end of 2017. The estimate is higher than the original forecast for global jobs cuts of 2,700 to 3,200.
- A strong U.S. dollar continues to force the multinational to adjust pricing in an effort to keep margins intact. In some markets, higher prices has cut into volume.
- Shares of Colgate-Palmolive are up 2.4% YTD, well-ahead of broad market indexes, but short of consumer staples ETF returns.
- Previously: The rally in consumer staples stocks seen extending (March 10)
Thu, Mar. 10, 4:52 PM
Thu, Mar. 10, 9:54 AM
- RBC Capital lifts its price targets on two consumer staples heavyweights.
- Coca-Cola (KO +0.6%) is assigned a fresh of $51. KO is +4.5% YTD to $44.90. Shares yield 3.11%.
- Reynolds American (RAI +1.4%) earns a PT of $57. RAI is +12.8% YTD to $52.14. Shares yield 3.22%.
- There's been some debate that the run of consumer staples stocks is poised to end, but SA contributor Daryl Montgomery argues the sector is still a safe play on a technical view.
- Earlier this week, Evercore ISI's Rick Ross also came in positive on the sector (CNBC video).
- "You probably can't do much better than owning the staples on this breakout from a multiyear trading range ... against the backdrop of a world where yields are extremely low,"said Ross
- Related stocks: PM, PG, PEP, CL, ADM, KMB, STZ, DPS, SJM, HRL, CHD, TSN, HSY, CPB, [[BF.]], BF.B.
- Related ETFs: XLP, VDC, FXG, RHS, FSTA, PSL, PSCC.
Fri, Jan. 29, 6:58 AM
Thu, Jan. 28, 5:30 PM
Thu, Jan. 14, 4:32 PM
Oct. 30, 2015, 7:26 AM
- Colgate-Palmolive (NYSE:CL) reports organic sales increased 5.0% in Q3. Organic sales were up 8% in emerging markets.
- Global volume fell 1.0%, while pricing rose 3.5%.
- The impact of F/X cut into sales by over thirteen percentage points.
- Gross margin rate +20 bps to 58.8% as cost savings programs contributed.
- Adjusted operating profit margin +70 bps to 25.3%.
- SG&A expense rate -60 bps to 33.3%.
- North American sales +0.5% off of a 2.5% rise in volume.
- On the product front, Colgate's global toothpaste market share increased 50 bps to 45.0%.
- Previously: Colgate-Palmolive EPS in-line, misses on revenue (Oct. 30 2015)
Oct. 30, 2015, 6:59 AM
- Colgate-Palmolive (NYSE:CL): Q3 EPS of $0.72 in-line.
- Revenue of $4B (-8.7% Y/Y) misses by $70M.
Oct. 29, 2015, 5:30 PM| Oct. 29, 2015, 5:30 PM | 19 Comments
Colgate-Palmolive Co. engages in the manufacture and distribution of consumer products. It operates through the Oral, Personal and Home Care; and Pet Nutrition segments. The Oral, Personal and Home Care segment provides oral products such as toothpaste and toothbrush, mouthwashes, as well as... More
Sector: Consumer Goods
Industry: Personal Products
Country: United States
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