State Street Amends Colgate-Palmolive Stake, Signals Passive Holding
Ticker: CL · Form: SC 13G/A · Filed: 2024-01-25T00:00:00.000Z
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**State Street just updated its Colgate-Palmolive holdings, confirming a passive stake.**
AI Summary
State Street Corporation, a major financial institution, filed an amended SC 13G/A on January 25, 2024, disclosing its ownership of Colgate-Palmolive Co. common stock as of December 31, 2023. This filing indicates State Street's passive investment in Colgate-Palmolive, updating its previous disclosures. For investors, this matters because it shows a significant institutional holder maintaining its position, which can signal confidence in the company's long-term prospects.
Why It Matters
This filing confirms State Street Corporation's continued significant, but passive, ownership in Colgate-Palmolive, which can reassure investors about institutional confidence in the stock.
Risk Assessment
Risk Level: low — This is an amendment to a passive ownership filing, indicating no significant change in control or strategy that would introduce new risks.
Analyst Insight
An investor should view this as a routine update from a large institutional investor, confirming their existing passive stake. It doesn't signal an immediate buy or sell, but rather a stable institutional presence in Colgate-Palmolive.
Key Numbers
- 194162103 — CUSIP Number (Identifies Colgate-Palmolive Co. common stock, ensuring clarity on the securities being reported.)
- 0000093751-24-000263 — Accession Number (Unique identifier for this specific SEC filing, allowing for easy retrieval and verification.)
Key Players & Entities
- State Street Corporation (company) — the reporting person filing the SC 13G/A
- Colgate-Palmolive Co. (company) — the subject company whose securities are being reported
- 0000093751-24-000263 (dollar_amount) — accession number for the filing
- January 25, 2024 (date) — date the SC 13G/A was filed
- December 31, 2023 (date) — date of the event requiring the filing
- 194162103 (dollar_amount) — CUSIP number for Colgate-Palmolive Co. common stock
Forward-Looking Statements
- State Street Corporation will likely maintain its passive investment strategy in Colgate-Palmolive Co. for the foreseeable future. (State Street Corporation) — high confidence, target: 2025-01-25
FAQ
Who filed this SC 13G/A amendment?
State Street Corporation, with IRS Identification No. 04-2456637, filed this SC 13G/A amendment.
What company's stock is the subject of this filing?
The subject company is COLGATE-PALMOLIVE CO, identified by CIK 0000021665.
What type of securities are being reported in this filing?
The filing reports on 'COMMON STOCK' of Colgate-Palmolive Co., with CUSIP number 194162103.
What was the date of the event that required this filing?
The date of the event which required the filing of this statement was December 31, 2023.
Under which rule was this Schedule 13G filed?
This Schedule 13G was filed under Rule 13D-1 (B), as indicated by the 'X' in the appropriate box.
From the Filing
EDGAR Filing Documents for 0000093751-24-000263 This page uses Javascript. Your browser either doesn't support Javascript or you have it turned off. To see this page as it is meant to appear please use a Javascript enabled browser. SEC.gov EDGAR Latest Filings Filings search tools Filing Detail SEC Home Company Search Current Page Form SC 13G/A - Statement of Beneficial Ownership by Certain Investors: [Amend] SEC Accession No. 0000093751-24-000263 Filing Date 2024-01-25 Accepted 2024-01-25 15:09:10 Documents 1 Document Format Files Seq Description Document Type Size 1 Colgate-Palmolive_Co.txt SC 13G/A 6764 Complete submission text file 0000093751-24-000263.txt 8701 Mailing Address 300 PARK AVE NEW YORK NY 10022 Business Address 300 PARK AVE NEW YORK NY 10022 2123102000 COLGATE PALMOLIVE CO (Subject) CIK : 0000021665 (see all company filings) EIN. : 131815595 | State of Incorp.: DE | Fiscal Year End: 1231 Type: SC 13G/A | Act: 34 | File No.: 005-19152 | Film No.: 24561648 SIC : 2844 Perfumes, Cosmetics & Other Toilet Preparations (CF Office: 08 Industrial Applications and Services) Mailing Address 1 CONGRESS STREET SUITE 1 BOSTON MA 02114 Business Address 1 CONGRESS STREET SUITE 1 BOSTON MA 02114 617 786-3000 STATE STREET CORP (Filed by) CIK : 0000093751 (see all company filings) EIN. : 042456637 | State of Incorp.: MA | Fiscal Year End: 1231 Type: SC 13G/A SIC : 6022 State Commercial Banks (CF Office: 02 Finance)