Estée Lauder Companies (NYSE:EL) Given New $130.00 Price Target at DA Davidson

Estée Lauder Companies (NYSE:EL) had its price target decreased by DA Davidson from $191.00 to $130.00 in a research report report published on Tuesday, Benzinga reports. DA Davidson currently has a buy rating on the stock. DA Davidson also issued estimates for Estée Lauder Companies’ Q1 2025 earnings at $0.10 EPS and FY2025 earnings at $3.60 EPS.

Several other research analysts also recently issued reports on the company. Raymond James downgraded Estée Lauder Companies from a strong-buy rating to a market perform rating in a research note on Monday, July 22nd. The Goldman Sachs Group cut their price target on Estée Lauder Companies from $130.00 to $115.00 and set a neutral rating for the company in a research note on Wednesday, July 17th. Canaccord Genuity Group cut their price target on Estée Lauder Companies from $140.00 to $131.00 and set a hold rating for the company in a research note on Thursday, May 2nd. Citigroup cut their price target on Estée Lauder Companies from $175.00 to $135.00 and set a buy rating for the company in a research note on Wednesday, July 10th. Finally, JPMorgan Chase & Co. cut their target price on shares of Estée Lauder Companies from $145.00 to $129.00 and set an overweight rating for the company in a research note on Friday, July 12th. Fourteen analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to MarketBeat, Estée Lauder Companies currently has a consensus rating of Hold and an average target price of $124.39.

Estée Lauder Companies Price Performance

Estée Lauder Companies stock opened at $93.67 on Tuesday. Estée Lauder Companies has a one year low of $86.05 and a one year high of $165.76. The company has a debt-to-equity ratio of 1.26, a quick ratio of 1.15 and a current ratio of 1.58. The business has a fifty day moving average of $100.83 and a two-hundred day moving average of $126.09. The company has a market cap of $33.59 billion, a P/E ratio of 52.62, a price-to-earnings-growth ratio of 1.79 and a beta of 0.99.

Estée Lauder Companies (NYSE:EL) last released its earnings results on Monday, August 19th. The company reported $0.64 EPS for the quarter, beating analysts’ consensus estimates of $0.25 by $0.39. The company had revenue of $3.87 billion during the quarter, compared to the consensus estimate of $3.80 billion. Estée Lauder Companies had a return on equity of 13.08% and a net margin of 4.18%. Estée Lauder Companies’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.07 earnings per share. As a group, analysts predict that Estée Lauder Companies will post 2.21 earnings per share for the current fiscal year.

Estée Lauder Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 16th. Stockholders of record on Friday, August 30th will be issued a dividend of $0.66 per share. This represents a $2.64 dividend on an annualized basis and a dividend yield of 2.82%. The ex-dividend date of this dividend is Friday, August 30th. Estée Lauder Companies’s payout ratio is currently 148.31%.

Insider Transactions at Estée Lauder Companies

In other news, EVP Jane Lauder sold 14,976 shares of the business’s stock in a transaction dated Thursday, May 30th. The stock was sold at an average price of $121.26, for a total transaction of $1,815,989.76. Following the completion of the sale, the executive vice president now owns 57,389 shares in the company, valued at approximately $6,958,990.14. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 12.77% of the company’s stock.

Institutional Trading of Estée Lauder Companies

Institutional investors have recently modified their holdings of the company. Teachers Retirement System of The State of Kentucky boosted its holdings in Estée Lauder Companies by 113.7% in the 4th quarter. Teachers Retirement System of The State of Kentucky now owns 156,583 shares of the company’s stock worth $22,900,000 after acquiring an additional 83,320 shares during the period. BNP Paribas purchased a new position in Estée Lauder Companies in the 1st quarter worth approximately $997,000. Transcend Capital Advisors LLC purchased a new position in Estée Lauder Companies in the 2nd quarter worth approximately $558,000. Public Employees Retirement Association of Colorado boosted its holdings in Estée Lauder Companies by 3,477.8% in the 4th quarter. Public Employees Retirement Association of Colorado now owns 566,180 shares of the company’s stock worth $82,804,000 after acquiring an additional 550,355 shares during the period. Finally, Price T Rowe Associates Inc. MD boosted its holdings in Estée Lauder Companies by 1.6% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 367,218 shares of the company’s stock worth $56,608,000 after acquiring an additional 5,915 shares during the period. Hedge funds and other institutional investors own 55.15% of the company’s stock.

Estée Lauder Companies Company Profile

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, nail polishes, and powders, as well as compacts, brushes, and other makeup tools.