Estee Lauder Companies (NYSE:EL – Free Report) had its price objective hoisted by TD Cowen from $115.00 to $130.00 in a research report report published on Wednesday,Benzinga reports. They currently have a hold rating on the stock.
EL has been the topic of several other reports. Evercore ISI increased their price target on shares of Estee Lauder Companies from $115.00 to $125.00 and gave the company an “outperform” rating in a report on Tuesday, December 16th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Estee Lauder Companies in a research report on Wednesday, October 8th. Raymond James Financial raised Estee Lauder Companies from a “market perform” rating to a “strong-buy” rating and set a $130.00 price target for the company in a report on Monday, January 5th. Jefferies Financial Group started coverage on Estee Lauder Companies in a research note on Wednesday, January 14th. They issued a “hold” rating and a $110.00 price target for the company. Finally, Wall Street Zen upgraded Estee Lauder Companies from a “hold” rating to a “buy” rating in a research report on Saturday, January 17th. Three analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $101.78.
View Our Latest Analysis on Estee Lauder Companies
Estee Lauder Companies Trading Up 3.1%
Estee Lauder Companies (NYSE:EL – Get Free Report) last issued its quarterly earnings data on Thursday, October 30th. The company reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.17. The company had revenue of $3.48 billion for the quarter, compared to analyst estimates of $3.38 billion. Estee Lauder Companies had a negative net margin of 6.44% and a positive return on equity of 14.92%. The company’s revenue was up 3.6% on a year-over-year basis. During the same period 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. Equities analysts anticipate that Estee Lauder Companies will post 1.36 EPS for the current year.
Estee Lauder Companies Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Friday, November 28th were issued a $0.35 dividend. The ex-dividend date of this dividend was Friday, November 28th. This represents a $1.40 annualized dividend and a yield of 1.2%. Estee Lauder Companies’s payout ratio is currently -54.26%.
Insiders Place Their Bets
In other news, Director Barry S. Sternlicht sold 3,972 shares of the stock in a transaction on Tuesday, November 11th. The stock was sold at an average price of $91.83, for a total transaction of $364,748.76. Following the sale, the director directly owned 34,812 shares of the company’s stock, valued at approximately $3,196,785.96. This represents a 10.24% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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 value of $476,971.20. The SEC filing for this sale provides additional information. Corporate insiders own 13.05% of the company’s stock.
Institutional Trading of Estee Lauder Companies
Institutional investors and hedge funds have recently made changes to their positions in the company. True Vision MN LLC bought a new position in Estee Lauder Companies during the 2nd quarter worth approximately $552,000. Clarius Group LLC bought a new stake in shares of Estee Lauder Companies in the 2nd quarter valued at $227,000. Federated Hermes Inc. increased its position in shares of Estee Lauder Companies by 556.8% during the second quarter. Federated Hermes Inc. now owns 1,554,088 shares of the company’s stock worth $125,570,000 after buying an additional 1,317,473 shares during the period. Union Bancaire Privee UBP SA bought a new position in Estee Lauder Companies during the second quarter worth $3,006,000. Finally, Drive Wealth Management LLC bought a new position in Estee Lauder Companies during the second quarter worth $337,000. Institutional investors own 55.15% of the company’s stock.
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.
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