BofA cut target from USD 102.00 to 100.00 for Colgate-Palmolive stock
Published on 10/15/2026 at 10:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTargets results and trading
- Bank of America cut its target from USD 102.00 to USD 100.00 on October 9, 2026.
- Second-quarter sales rose 4.90 percent to USD 5.36 billion in the period ended June 30, 2026.
- Colgate-Palmolive stock trades at EUR 83.50 at 10:43 a.m. CEST at Lang & Schwarz on October 15, 2026, 1.14 percent above the Xetra close of October 14, 2026.
Colgate-Palmolive (ISIN US1941621039) was trading at EUR 83.50 at Lang & Schwarz on October 15, 2026, 1.14 percent above the Xetra close of October 14, 2026 at EUR 82.56. Markets Insider reported that Bank of America cut its Colgate-Palmolive target from USD 102.00 to USD 100.00 on October 9, 2026, while keeping a Buy rating.
Results set the earnings baseline
The target revision follows a second-quarter performance that gives investors a clear operating reference. MarketBeat said Colgate-Palmolive reported USD 5.36 billion in revenue for the quarter ended June 30, 2026, up 4.90 percent from the prior year, while earnings per share reached USD 0.99 against a USD 0.95 consensus estimate. The companys GAAP diluted earnings per share were USD 0.86 for the same quarter.
That comparison matters because the reported sales growth came with a mixed earnings picture. The USD 0.04 adjusted earnings-per-share beat contrasted with a GAAP result below the base business figure, leaving the October report as the next test of whether sales growth is converting into broader profit expansion.
What comes next for earnings
The companys recent chronology is straightforward. On July 17, 2026, Colgate-Palmolive scheduled its second-quarter call for 8:30 a.m. ET. On July 31, 2026, the company reported USD 5.36 billion in sales and USD 0.86 in GAAP diluted earnings per share. On October 9, 2026, Markets Insider reported the USD 2.00 Bank of America target reduction.
Key dates for shareholders
MarketBeat reported October 20, 2026 as the record date for the USD 0.53 quarterly dividend, with payment scheduled for November 13, 2026. Gekko lists October 30, 2026 as the expected date for third-quarter results before the market opens.
Stock remains below its target range
The euro quotation is 1.14 percent above the Xetra close, while the same quote data place the 52-week range at EUR 64.53 to EUR 84.48. The current level is therefore EUR 0.98 below the reported yearly high, leaving the coming results and target revisions as the clearest numerical reference points.
Colgate-Palmolive was trading at EUR 83.50 at Lang & Schwarz on October 15, 2026 at 10:43 a.m. CEST, 1.14 percent above the Xetra close of October 14, 2026 at EUR 82.56. 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 15, 2026, 10:43 a.m. CEST): EUR 83.50
- Change versus Xetra close: plus 1.14 percent
- Xetra close (October 14, 2026): EUR 82.56
- Market capitalization: EUR 67.1 billion (as of October 15, 2026)
- 52-week range: EUR 64.53-EUR 84.48 (as of October 15, 2026)
- Next earnings date: October 30, 2026
Market context: Market report S&P 500.
