Varma Mutual Pension Insurance Co Acquires 15,200 Shares of Colgate-Palmolive Company $CL

Varma Mutual Pension Insurance Co increased its stake in Colgate-Palmolive Company (NYSE:CL) by 8.9% during the third quarter, acquiring an additional 15,200 shares, bringing their total holdings to 185,617 shares valued at $14.84 million. Other institutional investors also adjusted their positions in Colgate-Palmolive. The company reported strong financial metrics, with a market cap of $77.52 billion, a P/E ratio of 36.70, and recent earnings beating analyst estimates. Colgate-Palmolive also declared a quarterly dividend of $0.52 per share.