DoubleLine ETF Adviser LP Takes Position in Colgate-Palmolive Company $CL

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DoubleLine ETF Adviser LP has initiated a new position in Colgate-Palmolive Company (NYSE:CL) during the third quarter, acquiring 41,185 shares valued at approximately $3.29 million. This move contributes to the overall institutional ownership of the stock, which stands at around 80.4%. While Wall Street analysts maintain a “Moderate Buy” consensus rating with an average price target of $94.75, insider selling has been observed, with executives selling shares worth about $17.49 million in the last 90 days.

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