Estee Lauder Companies (NYSE:EL) Given New $108.00 Price Target at Deutsche Bank Aktiengesellschaft

Estee Lauder Companies (NYSE:ELFree Report) had its price target lowered by Deutsche Bank Aktiengesellschaft from $124.00 to $108.00 in a report issued on Monday morning,Benzinga reports. The firm currently has a buy rating on the stock.

Other equities research analysts have also issued reports about the stock. JPMorgan Chase & Co. dropped their price objective on shares of Estee Lauder Companies from $131.00 to $121.00 and set an “overweight” rating on the stock in a report on Friday, February 6th. HSBC lowered shares of Estee Lauder Companies from a “buy” rating to a “hold” rating and set a $106.00 target price for the company. in a research note on Tuesday, February 10th. TD Cowen dropped their price target on Estee Lauder Companies from $130.00 to $115.00 and set a “hold” rating on the stock in a research note on Monday, February 9th. Citigroup upgraded Estee Lauder Companies from a “neutral” rating to a “buy” rating and set a $120.00 price target on the stock in a report on Friday, February 6th. Finally, Zacks Research cut Estee Lauder Companies from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 9th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Estee Lauder Companies has an average rating of “Hold” and a consensus price target of $102.76.

Get Our Latest Analysis on Estee Lauder Companies

Estee Lauder Companies Price Performance

Shares of EL opened at $67.81 on Monday. The company has a debt-to-equity ratio of 1.82, a quick ratio of 1.00 and a current ratio of 1.36. The stock has a 50 day simple moving average of $100.79 and a 200 day simple moving average of $98.82. Estee Lauder Companies has a 52-week low of $48.37 and a 52-week high of $121.64. The firm has a market capitalization of $24.53 billion, a PE ratio of -135.63, a P/E/G ratio of 0.75 and a beta of 1.11.

Estee Lauder Companies (NYSE:ELGet Free Report) last announced its earnings results on Thursday, February 5th. The company reported $0.89 EPS for the quarter, topping the consensus estimate of $0.84 by $0.05. Estee Lauder Companies had a negative net margin of 1.21% and a positive return on equity of 17.59%. The firm had revenue of $4.23 billion for the quarter, compared to the consensus estimate of $4.22 billion. During the same period last year, the company posted $0.62 EPS. The business’s quarterly revenue was up 5.6% on a year-over-year basis. Estee Lauder Companies has set its FY 2026 guidance at 2.030-2.230 EPS. Sell-side analysts predict that Estee Lauder Companies will post 1.36 EPS for the current fiscal year.

Estee Lauder Companies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Friday, February 27th were given a dividend of $0.35 per share. The ex-dividend date of this dividend was Friday, February 27th. This represents a $1.40 annualized dividend and a dividend yield of 2.1%. Estee Lauder Companies’s payout ratio is -280.00%.

Hedge Funds Weigh In On Estee Lauder Companies

A number of institutional investors have recently added to or reduced their stakes in EL. Federated Hermes Inc. increased its position in 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 last quarter. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of Estee Lauder Companies by 539.7% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 229,749 shares of the company’s stock valued at $20,245,000 after buying an additional 193,833 shares during the last quarter. Azzad Asset Management Inc. ADV lifted its position in shares of Estee Lauder Companies by 55.8% in the third quarter. Azzad Asset Management Inc. ADV now owns 26,682 shares of the company’s stock valued at $2,351,000 after buying an additional 9,559 shares during the last quarter. Strs Ohio boosted its stake in shares of Estee Lauder Companies by 53.0% during the 3rd quarter. Strs Ohio now owns 190,589 shares of the company’s stock worth $16,795,000 after acquiring an additional 66,003 shares during the period. Finally, California Public Employees Retirement System boosted its stake in shares of Estee Lauder Companies by 5.8% during the 2nd quarter. California Public Employees Retirement System now owns 319,836 shares of the company’s stock worth $25,843,000 after acquiring an additional 17,552 shares during the period. 55.15% of the stock is currently owned by institutional investors and hedge funds.

Estee Lauder Companies Company Profile

(Get Free Report)

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.

See Also

Analyst Recommendations for Estee Lauder Companies (NYSE:EL)

Receive News & Ratings for Estee Lauder Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Estee Lauder Companies and related companies with MarketBeat.com's FREE daily email newsletter.