Estee Lauder Companies (NYSE:EL – Free Report) had its price objective boosted by TD Cowen from $85.00 to $90.00 in a research note published on Tuesday morning,Benzinga reports. They currently have a hold rating on the stock.
Other analysts also recently issued research reports about the stock. Wells Fargo & Company raised their price objective on shares of Estee Lauder Companies from $75.00 to $85.00 and gave the stock an “equal weight” rating in a report on Monday, May 4th. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Estee Lauder Companies from $124.00 to $108.00 and set a “buy” rating on the stock in a research note on Monday, March 30th. Weiss Ratings lowered shares of Estee Lauder Companies from a “sell (d+)” rating to a “sell (d)” rating in a research note on Monday, May 4th. Wall Street Zen lowered shares of Estee Lauder Companies from a “buy” rating to a “hold” rating in a research note on Saturday, April 4th. Finally, Piper Sandler initiated coverage on shares of Estee Lauder Companies in a report on Friday, May 15th. They issued an “overweight” rating and a $95.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $98.11.
Read Our Latest Research Report on EL
Estee Lauder Companies Stock Down 1.4%
Estee Lauder Companies (NYSE:EL – Get Free Report) last released its earnings results on Friday, May 1st. The company reported $0.91 EPS for the quarter, topping analysts’ consensus estimates of $0.66 by $0.25. The company had revenue of $3.71 billion for the quarter, compared to analysts’ expectations of $3.69 billion. Estee Lauder Companies had a positive return on equity of 20.66% and a negative net margin of 1.67%.The business’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same period in the previous year, the business posted $0.65 EPS. Estee Lauder Companies has set its FY 2026 guidance at 2.330-2.430 EPS. Analysts forecast that Estee Lauder Companies will post 2.41 earnings per share for the current year.
Estee Lauder Companies Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, May 29th were issued a dividend of $0.35 per share. The ex-dividend date of this dividend was Friday, May 29th. This represents a $1.40 dividend on an annualized basis and a yield of 1.7%. Estee Lauder Companies’s payout ratio is presently -200.00%.
Hedge Funds Weigh In On Estee Lauder Companies
A number of large investors have recently made changes to their positions in EL. Prime Capital Investment Advisors LLC lifted its stake in shares of Estee Lauder Companies by 3.2% in the fourth quarter. Prime Capital Investment Advisors LLC now owns 2,823 shares of the company’s stock worth $296,000 after buying an additional 88 shares in the last quarter. N.E.W. Advisory Services LLC grew its stake in Estee Lauder Companies by 39.1% during the 4th quarter. N.E.W. Advisory Services LLC now owns 324 shares of the company’s stock valued at $34,000 after acquiring an additional 91 shares in the last quarter. New Mexico Educational Retirement Board grew its stake in Estee Lauder Companies by 0.9% during the 4th quarter. New Mexico Educational Retirement Board now owns 10,724 shares of the company’s stock valued at $1,123,000 after acquiring an additional 100 shares in the last quarter. Greenleaf Trust raised its holdings in Estee Lauder Companies by 3.2% in the 4th quarter. Greenleaf Trust now owns 3,579 shares of the company’s stock valued at $375,000 after acquiring an additional 110 shares during the last quarter. Finally, Allworth Financial LP raised its holdings in Estee Lauder Companies by 6.6% in the 4th quarter. Allworth Financial LP now owns 1,789 shares of the company’s stock valued at $187,000 after acquiring an additional 110 shares during the last quarter. 55.15% of the stock is owned by institutional investors.
About Estee Lauder Companies
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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