The Estee Lauder Companies Inc. (NYSE:EL) Given Average Rating of “Hold” by Analysts

The Estee Lauder Companies Inc. (NYSE:EL) has earned an average rating of “Hold” from the twenty-four brokerages that are covering the company, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, twelve have assigned a hold recommendation, eight have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $104.6667.

EL has been the subject of several research reports. B. Riley Financial restated a “neutral” rating and set a $100.00 price target (up from $85.00) on shares of Estee Lauder Companies in a report on Thursday, August 20th. Citigroup increased their target price on shares of Estee Lauder Companies from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Thursday, August 20th. JPMorgan Chase & Co. lifted their target price on shares of Estee Lauder Companies from $94.00 to $112.00 and gave the company an “overweight” rating in a research note on Thursday, August 20th. UBS Group boosted their price target on shares of Estee Lauder Companies from $86.00 to $106.00 and gave the company a “neutral” rating in a report on Thursday, August 20th. Finally, Weiss Ratings raised shares of Estee Lauder Companies from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday, August 21st.

Insider Activity

In related news, VP Rashida La Lande sold 7,766 shares of the business’s stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $103.32, for a total value of $802,383.12. Following the completion of the sale, the vice president owned 14,357 shares of the company’s stock, valued at approximately $1,483,365.24. The trade was a 35.10% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Charlene Barshefsky sold 3,775 shares of the stock in a transaction that occurred on Wednesday, September 9th. The stock was sold at an average price of $98.82, for a total value of $373,045.50. Following the completion of the transaction, the director owned 50,971 shares in the company, valued at $5,036,954.22. This represents a 6.90% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 17,105 shares of company stock worth $1,729,325. Insiders own 13.05% of the company’s stock.

Institutional Trading of Estee Lauder Companies

A number of institutional investors have recently added to or reduced their stakes in the business. California State Teachers Retirement System raised its holdings in shares of Estee Lauder Companies by 6,993.9% during the 2nd quarter. California State Teachers Retirement System now owns 27,438,678 shares of the company’s stock valued at $2,166,284,000 after purchasing an additional 27,051,883 shares in the last quarter. Bank of America Corp DE boosted its holdings in Estee Lauder Companies by 950.9% in the first quarter. Bank of America Corp DE now owns 13,843,765 shares of the company’s stock worth $993,567,000 after purchasing an additional 12,526,471 shares in the last quarter. State Street Corp boosted its holdings in Estee Lauder Companies by 4.2% in the fourth quarter. State Street Corp now owns 11,585,782 shares of the company’s stock worth $1,213,263,000 after purchasing an additional 467,195 shares in the last quarter. Schroder Investment Management Group boosted its holdings in Estee Lauder Companies by 185.3% in the fourth quarter. Schroder Investment Management Group now owns 8,140,550 shares of the company’s stock worth $861,596,000 after purchasing an additional 5,286,875 shares in the last quarter. Finally, Independent Franchise Partners LLP increased its position in Estee Lauder Companies by 1.1% during the fourth quarter. Independent Franchise Partners LLP now owns 7,837,249 shares of the company’s stock worth $820,717,000 after buying an additional 83,857 shares during the last quarter. 55.15% of the stock is currently owned by institutional investors and hedge funds.

Estee Lauder Companies Stock Down 2.4%

NYSE:EL opened at $96.38 on Friday. The business’s fifty day moving average price is $90.07 and its 200 day moving average price is $85.87. The firm has a market capitalization of $34.87 billion, a price-to-earnings ratio of 196.70, a PEG ratio of 1.14 and a beta of 1.28. The company has a current ratio of 1.22, a quick ratio of 0.90 and a debt-to-equity ratio of 1.79. Estee Lauder Companies has a 1-year low of $66.22 and a 1-year high of $121.64.

Estee Lauder Companies (NYSE:EL) last released its earnings results on Wednesday, August 19th. The company reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.07. Estee Lauder Companies had a return on equity of 23.52% and a net margin of 1.21%.The company had revenue of $3.64 billion for the quarter, compared to analysts’ expectations of $3.55 billion. During the same quarter in the previous year, the business posted $0.09 EPS. The business’s revenue for the quarter was up 6.3% on a year-over-year basis. Estee Lauder Companies has set its FY 2027 guidance at 3.100-3.350 EPS. On average, sell-side analysts forecast that Estee Lauder Companies will post 3.3 earnings per share for the current fiscal year.

Estee Lauder Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be paid a $0.35 dividend. The ex-dividend date is Monday, August 31st. This represents a $1.40 dividend on an annualized basis and a yield of 1.5%. Estee Lauder Companies’s payout ratio is 285.71%.

About Estee Lauder Companies

The Estée Lauder Companies Inc is a global beauty company that develops, manufactures and markets prestige skincare, makeup, fragrance and hair-care products. Its portfolio includes Estée Lauder, Clinique, M·A·C, Bobbi Brown Cosmetics, La Mer, Jo Malone London, Aveda, Tom Ford Beauty and The Ordinary, among other brands.

Founded in 1946 by Estée and Joseph Lauder, the company began with four skincare products and has expanded into a broad international beauty business. Its products are sold through department and specialty stores, freestanding stores, e-commerce platforms, travel retail locations and other distribution channels.

Estée Lauder Companies serves consumers in markets around the world, including North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa.