Wells Fargo cut target for Colgate-Palmolive stock to USD 90.00
Published on 10/09/2026 at 16:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Wells Fargo cut its Colgate-Palmolive price target from USD 95.00 to USD 90.00 on October 5, 2026.
- Second-quarter 2026 net sales rose 4.90 percent year over year to USD 5.36 billion, while GAAP EPS was USD 0.86.
- The stock was trading at EUR 78.45 at Lang & Schwarz on October 9, 2026, up 0.08 percent versus EUR 78.39.
Colgate-Palmolive (US1941621039) was trading at EUR 78.45 at Lang & Schwarz on October 9, 2026, up 0.08 percent versus the prior close of EUR 78.39. Wells Fargo cut its price target from USD 95.00 to USD 90.00 on October 5, 2026, while maintaining an equal weight rating, according to MarketBeat.
Target cut sets the latest marker
The Wells Fargo change places a concrete valuation reference beside a mixed earnings profile. Its USD 90.00 target is 5.05 percent above the USD 85.67 price cited in the October 5 report, using the source's own market reference.
Three dated company events
On July 31, 2026, Colgate-Palmolive reported second-quarter results, including a 4.90 percent increase in net sales and GAAP earnings per share of USD 0.86, according to Business Wire.
On September 17, 2026, the board declared a quarterly cash dividend of USD 0.53 per common share, payable on November 13, 2026, to shareholders of record on October 20, 2026, according to Business Wire.
On October 5, 2026, Wells Fargo lowered the target to USD 90.00 from USD 95.00 and kept an equal weight rating, as MarketBeat reported.
What does the earnings mix mean?
The second-quarter 2026 figures show why the target debate is not purely about sales. Revenue reached USD 5.36 billion, net income attributable to common shareholders was USD 693.0 million, and operating profit was USD 1.016 billion for the quarter.
Business Wire reported that Base Business earnings per share increased 8.00 percent to USD 0.99, while GAAP earnings per share decreased 5.00 percent to USD 0.86. The contrast gives investors two different measures of the same quarter: adjusted operating performance improved, while the GAAP measure declined.
Next dates carry the near-term calendar
The dividend record date is October 20, 2026, and the payment date is November 13, 2026, according to Business Wire. Barron's lists October 30, 2026 as the expected date for third-quarter 2026 earnings and January 22, 2027 for fiscal-year 2026 earnings, according to its research page.
Stock stays below its yearly high
Colgate-Palmolive had a market capitalization of USD 70.4 billion and a 52-week range of USD 74.55 to USD 99.33 on October 9, 2026. The Lang & Schwarz euro quote therefore sits within the dated market context while the primary listing remains on the NYSE in USD.
At Lang & Schwarz, Colgate-Palmolive stock was trading at EUR 78.45 on October 9, 2026 at 4:03 p.m. CEST, up 0.08 percent versus the prior close of EUR 78.39 on October 8, 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 9, 2026, 4:03 p.m. CEST: EUR 78.45
- Change versus prior close: plus 0.08 percent
- Prior close Lang & Schwarz October 8, 2026: EUR 78.39
- Market capitalization: USD 70.4 billion as of October 9, 2026
- 52-week range: USD 74.55-99.33 as of October 9, 2026
- Sector / Industry: Consumer Defensive / Household and Personal Products
- Index membership: S&P 500
- Next earnings date: October 30, 2026
Market context: Market report S&P 500.
