Value-focused investment manager First Eagle Investment Management reported a significant reduction in its Colgate-Palmolive (CL) position. According to a quarterly 13F filing that discloses trades made by September 30, 2026, the firm sold half of its stake, reducing its holding from 16.41 million to 8.21 million shares.
This sale had an estimated value of over $700 million and follows a period where Colgate-Palmolive reported strong third-quarter earnings and raised its full-year guidance. As 13F filings are delayed, this report reflects a portfolio adjustment made in the third quarter of 2026. First Eagle has not publicly commented on the reason for this substantial trade.