Estee Lauder Companies (NYSE:EL) Cut to “Sell” at Wall Street Zen

Wall Street Zen downgraded shares of Estee Lauder Companies (NYSE:EL) from a hold rating to a sell rating in a report issued on Friday.

Other equities analysts have also recently issued reports about the stock. Evercore ISI lifted their price target on shares of Estee Lauder Companies from $90.00 to $100.00 and gave the stock an “outperform” rating in a research report on Thursday, June 26th. Piper Sandler reissued an “overweight” rating and set a $75.00 price target (down from $92.00) on shares of Estee Lauder Companies in a research report on Friday, May 2nd. Barclays lifted their price target on shares of Estee Lauder Companies from $63.00 to $84.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 15th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Estee Lauder Companies from $98.00 to $100.00 and gave the company a “buy” rating in a research note on Thursday. Finally, Bank of America started coverage on shares of Estee Lauder Companies in a research note on Thursday, July 10th. They issued a “buy” rating and a $110.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $87.80.

Estee Lauder Companies Stock Up 3.8%

NYSE:EL opened at $91.0830 on Friday. Estee Lauder Companies has a 12-month low of $48.37 and a 12-month high of $103.44. The company has a quick ratio of 0.92, a current ratio of 1.30 and a debt-to-equity ratio of 1.89. The firm has a market capitalization of $32.77 billion, a P/E ratio of -29.01, a P/E/G ratio of 2.61 and a beta of 1.18. The stock’s fifty day simple moving average is $86.79 and its 200-day simple moving average is $72.35.

Estee Lauder Companies (NYSE:EL) last posted its quarterly earnings results on Wednesday, August 20th. The company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.02. The business had revenue of $3.41 billion for the quarter, compared to analyst estimates of $3.36 billion. Estee Lauder Companies had a positive return on equity of 12.37% and a negative net margin of 7.91%.The firm’s revenue was down 11.9% on a year-over-year basis. During the same period last year, the company earned $0.64 EPS. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. Equities research analysts expect that Estee Lauder Companies will post 1.36 earnings per share for the current year.

Estee Lauder Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd will be paid a $0.35 dividend. The ex-dividend date is Tuesday, September 2nd. This represents a $1.40 annualized dividend and a yield of 1.5%. Estee Lauder Companies’s payout ratio is presently -44.59%.

Institutional Investors Weigh In On Estee Lauder Companies

Institutional investors have recently bought and sold shares of the company. Bank Pictet & Cie Europe AG raised its holdings in Estee Lauder Companies by 5.4% during the fourth quarter. Bank Pictet & Cie Europe AG now owns 91,200 shares of the company’s stock worth $6,838,000 after acquiring an additional 4,690 shares in the last quarter. American Assets Inc. bought a new stake in Estee Lauder Companies during the fourth quarter worth about $487,000. Dimensional Fund Advisors LP raised its holdings in Estee Lauder Companies by 15.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 579,430 shares of the company’s stock worth $43,444,000 after acquiring an additional 75,499 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S bought a new stake in Estee Lauder Companies during the fourth quarter worth about $443,000. Finally, MetLife Investment Management LLC raised its holdings in Estee Lauder Companies by 1.7% during the fourth quarter. MetLife Investment Management LLC now owns 65,400 shares of the company’s stock worth $4,904,000 after acquiring an additional 1,066 shares in the last quarter. Institutional investors own 55.15% of the company’s stock.

About Estee Lauder Companies

The Estée Lauder Companies Inc manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. It offers skin care products, including moisturizers, serums, cleansers, toners, body care, exfoliators, acne care and oil correctors, facial masks, and sun care products; and makeup products, such as lipsticks, lip glosses, mascaras, foundations, eyeshadows, and powders, as well as compacts, brushes, and other makeup tools.