Wells Fargo cuts target for Colgate-Palmolive stock to USD 90.00
Published on 10/08/2026 at 16:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Wells Fargo cut its Colgate-Palmolive target from USD 95.00 to USD 90.00 on October 5, 2026.
- Colgate-Palmolive reported USD 5.36 billion in second-quarter 2026 sales, up 4.9 percent year over year.
- The Lang & Schwarz quote was EUR 78.19 on October 8, 2026, plus 0.35 percent versus EUR 77.92.
- The next dated events are the October 20, 2026 dividend record date and October 30, 2026 third-quarter results.
A USD 5.00 reduction in Wells Fargo's Colgate-Palmolive target put the analyst view at USD 90.00 on October 5, 2026, according to MarketBeat. Colgate-Palmolive (ISIN US1941621039) had reported second-quarter sales of USD 5.36 billion, up 4.9 percent year over year, while adjusted base business earnings per share reached USD 0.99.
Three events reshape the picture
On July 31, 2026, Colgate-Palmolive reported second-quarter sales of USD 5.36 billion and GAAP earnings per share of USD 0.86, according to Colgate-Palmolive. On September 17, 2026, the company declared a quarterly dividend of USD 0.53 per share, payable on November 13, 2026, according to Colgate-Palmolive. On October 5, 2026, Wells Fargo cut its target from USD 95.00 to USD 90.00 while retaining an equal-weight rating, MarketBeat reported.
What does the target cut change?
MarketBeat said the USD 90.00 target implied 5.05 percent upside from the USD 85.67 reference price used in its October 5 report. The revised target sits below Wells Fargo's previous USD 95.00 view, making the change a more cautious counterweight to the company's second-quarter sales growth.
Two dates frame the next move
The next two dated events are the October 20, 2026 record date for the USD 0.53 dividend and the October 30, 2026 release of third-quarter results. MarketBeat lists the October 30 report before the market opens.
EUR 78.19 in late trading
At Lang & Schwarz, Colgate-Palmolive stock was trading at EUR 78.19 on October 8, 2026 at 4:36 p.m. CEST, up 0.35 percent versus the prior close of EUR 77.92. The primary-exchange quote was USD 87.65 on October 8, 2026 at 10:43 a.m. ET, while the 52-week range was USD 74.55 to USD 99.33 and market capitalization was USD 70.1 billion.
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 8, 2026, 4:36 p.m. CEST: EUR 78.19
- Change versus prior close: plus 0.35 percent
- Prior close Lang & Schwarz October 7, 2026: EUR 77.92
- Market capitalization: USD 70.1 billion as of October 8, 2026
- 52-week range: USD 74.55-99.33 as of October 8, 2026
- Sector / Industry: Consumer Staples / Household and Personal Products
- Next earnings date: October 30, 2026
Market context: Market report S&P 500.
