Wells Fargo cuts target for Colgate-Palmolive stock to USD 90
Published on 10/06/2026 at 10:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Wells Fargo cut its Colgate-Palmolive price target from USD 95.00 to USD 90.00 and kept an equal-weight rating in a research note dated October 5, 2026, according to MarketBeat. Colgate-Palmolive stock was trading at EUR 76.61 at Lang & Schwarz on October 6, 2026 at 10:47 a.m. CEST, up 0.27 percent from the EUR 76.40 prior close.
Target cut meets resilient revenue
The target reduction contrasts with Colgate-Palmolive's second-quarter operating picture. Revenue reached USD 5.36 billion in the second quarter of 2026, up 4.90 percent from USD 5.11 billion in the same quarter of 2025, while net income fell to USD 693.00 million from USD 743.00 million, according to Markets Insider on October 5, 2026.
The earnings mix is also divided. GAAP diluted earnings per share were USD 0.86 in the second quarter of 2026, while adjusted base-business earnings per share reached USD 0.99, an 8.00 percent increase from the prior-year period, according to Colgate-Palmolive.
Dividend date adds a second catalyst
Colgate-Palmolive declared a quarterly cash dividend of USD 0.53 per common share on September 17, 2026. The payment is scheduled for November 13, 2026, for shareholders of record on October 20, 2026, according to Business Wire.
The next reported checkpoint is scheduled for October 30, 2026, when Colgate-Palmolive is expected to publish third-quarter results. That date places the upcoming report ahead of the dividend record date and gives the market a fresh test of whether revenue growth can offset the second-quarter decline in net income.
EUR 76.61 quote and USD 99.33 high
The Lang & Schwarz quote of EUR 76.61 stood EUR 22.72 below the 52-week high of USD 99.33 only as a separate currency comparison, so no percentage distance is calculated. The primary listing is on the NYSE, where the finance quote showed USD 86.19 on October 5, 2026 at 8:00 p.m. UTC, with a market capitalization of USD 69.0 billion and a 52-week range of USD 74.55 to USD 99.33.
For investors, the key tension is visible in the numbers: second-quarter revenue grew 4.90 percent, but net income declined by USD 50.00 million year over year. The Wells Fargo target of USD 90.00 and the upcoming October 30, 2026 results date make the next earnings release the clearest near-term test of that gap. The further course of trading is shown by the continuously updated real-time quote of Colgate-Palmolive stock.
Colgate-Palmolive market snapshot
- Company: Colgate-Palmolive Company
- ISIN: US1941621039
- Ticker: CL
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 6, 2026, 10:47 a.m. CEST): EUR 76.61
- Change versus prior close: plus 0.27 percent
- Prior close Lang & Schwarz (October 5, 2026): EUR 76.40
- Market capitalization: USD 69.0 billion (as of October 5, 2026)
- 52-week range: USD 74.55-99.33 (as of October 5, 2026)
- Sector / Industry: Consumer Defensive / Household and Personal Products
- Next earnings date: October 30, 2026
