CL Colgate Palmolive Co

Colgate-Palmolive Co. is engaged in the manufacturing and distribution of consumer products. It operates through Oral, Personal and Home Care; and Pet Nutrition segments. The Oral, Personal and Home Care segment represents North America, Latin America, Europe, Asia Pacific, and Africa or Eurasia, all of which sell to a variety of retail and wholesale customers and distributors. The Pet Nutrition segment offers pet nutrition products for dogs and cats. The company was founded by William Colgate in 1806 and is headquartered in New York, NY.

Company profile

Ticker

Exchange

NYSE

Website

www.colgatepalmolive.com

CEO

Ian M. Cook / Noel R. Wallace

Incorporated in

Delaware

Location

New York

Fiscal year end

Dec 31

Sector

Consumer Non-Durables > Household/Personal Care

Industry (SEC)

Perfumes, Cosmetics & Other Toilet Preparations

Avon Products • Coty • Edgewell Personal Care • Estee Lauder Companies • Revlon Consumer Products • Revlon • Inter Parfums • e.l.f. Beauty • Avadim Health • Scott's Liquid Gold - ...

SEC CIK

0000021665

Corporate docs

Articles of Incorporation & Bylaws

IRS number

131815595

CL stock data

S&P 500

1M 1Y 2Y 5Y

FINRA relative short interest over last month (20 trading days) ?

Company financial data Financial data

Chart CL financial data

Quarter (USD)	Mar 20	Dec 19	Sep 19	Jun 19
Revenue	4.1B	4.02B	3.93B	3.87B
Net income	748M	682M	627M	618M
Diluted EPS	0.83	0.75	0.67	0.68
Net profit margin	18.26%	16.99%	15.96%	15.99%
Operating income	952M	931M	856M	888M
Net change in cash	-29M	-65M	85M	20M
Cash on hand	854M	883M	948M	863M
Cost of revenue	1.63B	1.6B	1.61B	1.56B

Annual (USD)	Dec 19	Dec 18	Dec 17	Dec 16
Revenue	15.69B	15.54B	15.45B	15.2B
Net income	2.53B	2.56B	2.17B	2.59B
Diluted EPS	2.75	2.75	2.28	2.72
Net profit margin	16.10%	16.46%	14.07%	17.02%
Operating income	3.55B	3.69B	3.71B	3.96B
Net change in cash	157M	-809M	220M	345M
Cash on hand	883M	726M	1.54B	1.32B
Cost of revenue	6.37B	6.31B	6.17B	6.07B

Financial data from company earnings reports

Recent insider trades

CL insider ownership history Insider history

Date	Owner	Security	Transaction	Code	$Price	#Shares	$Value	#Remaining
13 May 20	Polk Michael B	Common Stock	Sell	Dispose S	68.0836	3,115	212.08K	17,507
13 May 20	Polk Michael B	Stock Option Common Stock	Option exercise	Dispose M	63.77	3,293	209.99K	0
13 May 20	Polk Michael B	Common Stock	Option exercise	Aquire M	63.77	3,293	209.99K	20,622
11 May 20	John T Cahill	Common Stock	Grant	Aquire A	0	2,594	0	25,469
11 May 20	John T Cahill	Stock Option Common Stock	Grant	Aquire A	69.83	4,155	290.14K	4,155
11 May 20	Polk Michael B	Stock Option Common Stock	Grant	Aquire A	69.83	4,155	290.14K	4,155
11 May 20	Hundmejean Martina	Stock Option Common Stock	Grant	Aquire A	69.83	3,462	241.75K	3,462
11 May 20	Edwards Lisa	Common Stock	Grant	Aquire A	0	1,946	0	3,518
11 May 20	Edwards Lisa	Stock Option Common Stock	Grant	Aquire A	69.83	4,155	290.14K	4,155
11 May 20	Polk Michael B	Common Stock	Grant	Aquire A	0	2,594	0	17,329

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q1 2020

CL institutional ownership history Ownership history

75.4% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	1444	1476	-2.2%
Opened positions	110	170	-35.3%
Closed positions	142	123	+15.4%
Increased positions	481	458	+5.0%
Reduced positions	613	579	+5.9%

13F shares	Current	Prev Q	Change
Total value	386.3B	388.31B	-0.5%
Total shares	646.19M	666.14M	-3.0%
Total puts	3.03M	4.45M	-31.8%
Total calls	5.07M	4.19M	+20.9%
Total put/call ratio	0.6	1.1	-43.6%

Largest owners	Shares	Value	Change
Vanguard	79.96M	$5.31B	+2.5%
BLK BlackRock	58.82M	$3.9B	-2.6%
STT State Street	42.82M	$2.84B	-23.9%
Massachusetts Financial Services	35.13M	$2.33B	+5.0%
Wellington Management	26.6M	$1.77B	+3.4%
BK Bank Of New York Mellon	18.6M	$1.23B	+2.0%
Geode Capital Management	14.19M	$940.02M	+2.8%
Capital World Investors	12.5M	$829.74M	NEW
First Eagle Investment Management	12.48M	$827.99M	-0.6%
Loomis Sayles & Co L P	10.72M	$711.05M	-5.1%

Largest transactions	Shares	Bought/sold	Change
STT State Street	42.82M	-13.43M	-23.9%
Capital World Investors	12.5M	+12.5M	NEW
Norges Bank	0	-8.48M	EXIT
Tikehau Investment Management	0	-3.81M	EXIT
Charles Schwab Investment Management	7.22M	+3.46M	+92.3%
Charles Schwab Investment Advisory	0	-3.37M	EXIT
American Century Companies	4.89M	-3M	-38.0%
Renaissance Technologies	7.02M	+2.35M	+50.3%
APG Asset Management	1.83M	-2.04M	-52.7%
Vanguard	79.96M	+1.93M	+2.5%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Church & Dwight • Revlon • Hain Celestial • Prestige Consumer Healthcare • Williamsville Sears Management • Freshpet

Risks

We face risks associated with significant international operations, including exposure to foreign currency fluctuations.
Significant competition in our industry could adversely affect our business.
Increasing dependence on key retailers in developed markets, changes in the policies of our retail trade customers, the emergence of alternative retail channels and the rapidly changing retail landscape may adversely affect our business.
Our business is subject to legal and regulatory risks in the U.S. and abroad.
The growth of our business depends on the successful identification, development and launch of innovative new products.
Damage to our reputation could have an adverse effect on our business.
There is no guarantee that our ongoing efforts to reduce costs will be successful.
Volatility in material and other costs could adversely impact our profitability.
Our success depends upon our ability to attract and retain key employees and the succession of senior management.
Legal claims and proceedings could adversely impact our business.
Disruption in our global supply chain or key office facilities could adversely impact our business.
A cyber-security incident, data breach or a failure of a key information technology system could adversely impact our business.
Uncertain global economic conditions, disruptions in the credit markets or changes to our credit ratings may adversely affect our business.
We have pursued and may continue to pursue acquisitions and divestitures, which could adversely impact our business.
Tax matters, including changes in tax rates, disagreements with taxing authorities and imposition of new taxes could negatively impact our business.
Climate change may have an adverse impact on our business and results of operations.

Management Discussion

Colgate-Palmolive Company (together with its subsidiaries, “we,” the “Company” or “Colgate”) seeks to deliver strong, consistent business results and superior shareholder returns by providing consumers globally with products that make their lives healthier and more enjoyable.
To this end, we are tightly focused on two product segments: Oral, Personal and Home Care; and Pet Nutrition. Within these segments, we follow a closely defined business strategy to grow our key product categories and increase our overall market share. Within the categories in which we compete, we prioritize our efforts based on their capacity to maximize the use of the organization’s core competencies and strong global equities and to deliver sustainable long-term growth.
Operationally, we are organized along geographic lines with management teams having responsibility for the business and financial results in each region. We compete in more than 200 countries and territories worldwide with established businesses in all regions contributing to our sales and profitability. Approximately 70% of our Net sales are generated from markets outside the U.S., with approximately 50% of our Net sales coming from emerging markets (which consist of Latin America, Asia (excluding Japan), Africa/Eurasia and Central Europe). This geographic diversity and balance help to reduce our exposure to business and other risks in any one country or part of the world.

Content analysis ?

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. junior Avg

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From filing 10-Q 2020 Q1