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AE Wealth Management LLC Has $2.34 Million Stake in Colgate-Palmolive Company $CL
AE Wealth Management LLC significantly increased its stake in Colgate-Palmolive Company (NYSE:CL) by 95.4% during the fourth quarter, reaching a total value of $2.34 million. This move comes as Colgate-Palmolive reported strong Q4 results, surpassing earnings and revenue estimates and subsequently raising its quarterly dividend to $0.53 per share. Institutional ownership of Colgate-Palmolive stock currently stands at 80.41%.