Bank of America cuts target for Colgate-Palmolive stock
Published on 10/13/2026 at 12:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS- Bank of America lowered its Colgate-Palmolive price target from USD 102.00 to USD 100.00 on October 9, 2026.
- Second-quarter 2026 revenue rose 4.90 percent year over year to USD 5.36 billion, while earnings per share reached USD 0.99.
- Colgate-Palmolive stock was trading at EUR 81.05 at Lang & Schwarz on October 13, 2026, 1.52 percent above the October 12 Xetra close of EUR 79.84.
- A USD 0.53 quarterly dividend has an October 20, 2026 record date, while the next earnings date is October 30, 2026.
Colgate-Palmolive (ISIN US1941621039) was trading at EUR 81.05 at Lang & Schwarz on October 13, 2026, at 12:07 p.m. CEST, up EUR 1.21 or 1.52 percent versus the Xetra close of October 12, 2026, at EUR 79.84. According to Markets Insider on October 9, 2026, Bank of America lowered its price target from USD 102.00 to USD 100.00 while keeping a Buy rating.
Target cut meets resilient revenue
The latest analyst action puts valuation and operating execution side by side. Bank of America's USD 100.00 target is USD 18.95 above the Lang & Schwarz price, but the currencies and venues differ, so that gap is not a euro return calculation.
Colgate-Palmolive reported second-quarter 2026 revenue of USD 5.36 billion, up 4.90 percent from the same quarter a year earlier. Earnings per share reached USD 0.99 versus USD 0.95 consensus, a USD 0.04 beat, according to MarketBeat.
What does the latest quarter show?
The revenue increase was paired with diluted earnings per share of USD 0.86 in the second quarter of 2026 in the standardized financial statements. Net income reached USD 719.0 million, while operating cash flow was USD 995.0 million for the same period.
That mix matters because sales growth exceeded the 0.04-dollar earnings-per-share consensus gap only when both figures are kept in their original reporting context. The company also held USD 1.4 billion in cash and cash equivalents at June 30, 2026.
Three dated signals for investors
On July 31, 2026, Colgate-Palmolive reported second-quarter revenue of USD 5.36 billion and earnings per share of USD 0.99, according to MarketBeat. On September 17, 2026, the company declared a USD 0.53 quarterly dividend, per Colgate-Palmolive. On October 9, 2026, Bank of America cut its target from USD 102.00 to USD 100.00, as Markets Insider reported.
Dividend and earnings dates
Colgate-Palmolive set October 20, 2026 as the record date for the USD 0.53 dividend, with payment scheduled for November 13, 2026, according to Colgate-Palmolive. The next quarterly results are scheduled for October 30, 2026, according to the company listing page at Investing.com.
Stock trades above the Xetra close
At EUR 81.05, the Lang & Schwarz quote was EUR 1.21 above the Xetra close of October 12, 2026, equivalent to a 1.52 percent increase. Colgate-Palmolive is listed on the NYSE under ticker CL; its USD 72.0 billion market capitalization and USD 74.55 to USD 99.33 52-week range were measured on October 12, 2026.
The further course of trading is shown by the continuously updated real-time quote of Colgate-Palmolive stock.
Colgate-Palmolive stock facts
- Company: Colgate-Palmolive Company
- ISIN: US1941621039
- Ticker: CL
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 13, 2026, 12:07 p.m. CEST): EUR 81.05
- Change versus Xetra close: plus 1.52 percent
- Xetra close (October 12, 2026): EUR 79.84
- Market capitalization: USD 72.0 billion (as of October 12, 2026)
- 52-week range: USD 74.55-99.33 (as of October 12, 2026)
- Sector / Industry: Consumer staples / Household and personal products
- Next earnings date: October 30, 2026
Market context: Market report S&P 500.
