JPMorgan Chase & Co. Increases Estee Lauder Companies (NYSE:EL) Price Target to $131.00

Estee Lauder Companies (NYSE:EL) had its price objective raised by equities research analysts at JPMorgan Chase & Co. from $116.00 to $131.00 in a research report issued to clients and investors on Friday,Benzinga reports. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 13.74% from the stock’s previous close.

A number of other research firms also recently issued reports on EL. Zacks Research upgraded shares of Estee Lauder Companies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 16th. Canaccord Genuity Group upped their target price on Estee Lauder Companies from $85.00 to $100.00 and gave the stock a “hold” rating in a report on Monday, October 27th. Weiss Ratings reiterated a “sell (d)” rating on shares of Estee Lauder Companies in a report on Wednesday, October 8th. Rothschild & Co Redburn lowered Estee Lauder Companies from a “neutral” rating to a “sell” rating and reduced their price target for the stock from $83.00 to $70.00 in a research report on Tuesday, November 25th. Finally, UBS Group upped their price objective on Estee Lauder Companies from $105.00 to $119.00 and gave the stock a “neutral” rating in a research note on Wednesday. Three equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, ten have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, Estee Lauder Companies currently has an average rating of “Moderate Buy” and a consensus target price of $100.50.

Estee Lauder Companies Stock Performance

Shares of NYSE:EL opened at $115.18 on Friday. The firm’s 50 day simple moving average is $101.98 and its 200-day simple moving average is $94.70. The company has a debt-to-equity ratio of 1.88, a quick ratio of 0.92 and a current ratio of 1.32. Estee Lauder Companies has a one year low of $48.37 and a one year high of $119.43. The firm has a market cap of $41.51 billion, a PE ratio of -44.64, a price-to-earnings-growth ratio of 1.36 and a beta of 1.15.

Estee Lauder Companies (NYSE:EL) last announced its quarterly earnings data on Thursday, October 30th. The company reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.15 by $0.17. The company had revenue of $3.48 billion for the quarter, compared to analysts’ expectations of $3.38 billion. Estee Lauder Companies had a positive return on equity of 14.92% and a negative net margin of 6.44%.Estee Lauder Companies’s revenue was up 3.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.14 earnings per share. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. As a group, equities analysts predict that Estee Lauder Companies will post 1.36 EPS for the current year.

Insider Activity

In other Estee Lauder Companies news, Director Barry S. Sternlicht sold 3,972 shares of the company’s stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $91.83, for a total transaction of $364,748.76. Following the transaction, the director owned 34,812 shares in the company, valued at approximately $3,196,785.96. This represents a 10.24% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP Meridith Webster sold 5,430 shares of the firm’s stock in a transaction on Tuesday, November 18th. The stock was sold at an average price of $87.84, for a total transaction of $476,971.20. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 13.05% of the company’s stock.

Hedge Funds Weigh In On Estee Lauder Companies

Several hedge funds have recently made changes to their positions in EL. Norges Bank acquired a new stake in Estee Lauder Companies during the 2nd quarter worth about $189,663,000. Victory Capital Management Inc. lifted its stake in Estee Lauder Companies by 3,181.4% during the 3rd quarter. Victory Capital Management Inc. now owns 2,312,535 shares of the company’s stock valued at $203,781,000 after acquiring an additional 2,242,062 shares during the period. Wellington Management Group LLP lifted its stake in Estee Lauder Companies by 3,986.4% during the 3rd quarter. Wellington Management Group LLP now owns 2,082,217 shares of the company’s stock valued at $183,485,000 after acquiring an additional 2,031,262 shares during the period. Bank of New York Mellon Corp boosted its holdings in shares of Estee Lauder Companies by 46.4% in the 3rd quarter. Bank of New York Mellon Corp now owns 6,112,501 shares of the company’s stock valued at $538,634,000 after acquiring an additional 1,937,107 shares during the last quarter. Finally, Schroder Investment Management Group boosted its holdings in Estee Lauder Companies by 593.3% in the second quarter. Schroder Investment Management Group now owns 2,211,624 shares of the company’s stock valued at $178,699,000 after purchasing an additional 1,892,629 shares during the last quarter. 55.15% of the stock is owned by institutional investors and hedge funds.

Estee Lauder Companies Company Profile

Estée Lauder Companies Inc (NYSE: EL) is a global leader in prestige beauty that develops, manufactures and markets a broad portfolio of skincare, makeup, fragrance and hair care products. Founded in 1946 by Estée Lauder, the company has grown from a small family business into a multinational consumer-products enterprise headquartered in New York City. Its activities span product research and development, brand and product marketing, manufacturing and global distribution across multiple retail channels.

The company’s portfolio includes a mix of legacy and prestige brands that target different consumer segments and price points, with well-known names such as Estée Lauder, Clinique, MAC, La Mer and Jo Malone among others.