Estee Lauder Companies (NYSE:EL) Coverage Initiated by Analysts at TD Cowen

Analysts at TD Cowen began coverage on shares of Estee Lauder Companies (NYSE:EL) in a research report issued to clients and investors on Friday, Zacks reports. The firm set a “hold” rating on the stock.

Several other equities analysts have also weighed in on EL. Wells Fargo & Company cut their target price on Estee Lauder Companies from $104.00 to $95.00 and set an “equal weight” rating on the stock in a report on Monday, October 5th. JPMorgan Chase & Co. upped their price target on Estee Lauder Companies from $112.00 to $115.00 and gave the stock an “overweight” rating in a research note on Monday, October 19th. Weiss Ratings raised Estee Lauder Companies from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday. Jefferies Financial Group increased their price objective on Estee Lauder Companies from $100.00 to $120.00 and gave the company a “hold” rating in a report on Monday, October 19th. Finally, The Goldman Sachs Group raised their price objective on Estee Lauder Companies from $116.00 to $124.00 and gave the company a “buy” rating in a research note on Friday, October 16th. Two analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $106.92.

Estee Lauder Companies Stock Performance

EL stock opened at $109.35 on Friday. The firm has a 50 day moving average of $100.36 and a two-hundred day moving average of $91.92. Estee Lauder Companies has a 12 month low of $66.22 and a 12 month high of $121.64. The company has a market capitalization of $39.56 billion, a price-to-earnings ratio of 223.16, a P/E/G ratio of 1.58 and a beta of 1.27. The company has a quick ratio of 0.90, a current ratio of 1.22 and a debt-to-equity ratio of 1.79.

Estee Lauder Companies (NYSE:EL) last released its quarterly earnings results on Wednesday, August 19th. The company reported $0.39 earnings per share for the quarter, beating analysts’ consensus estimates of $0.32 by $0.07. Estee Lauder Companies had a net margin of 1.21% and a return on equity of 23.52%. The business had revenue of $3.64 billion for the quarter, compared to the consensus estimate of $3.55 billion. During the same quarter last year, the firm earned $0.09 EPS. Estee Lauder Companies’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. As a group, equities analysts anticipate that Estee Lauder Companies will post 3.32 EPS for the current fiscal year.

Insider Buying and Selling at Estee Lauder Companies

In related news, Director Paul J. Fribourg sold 58,000 shares of the business’s stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $98.17, for a total transaction of $5,693,860.00. Following the completion of the transaction, the director owned 417,300 shares of the company’s stock, valued at approximately $40,966,341. The trade was a 12.20% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Charlene Barshefsky sold 3,775 shares of the business’s stock in a transaction dated Wednesday, September 9th. The stock was sold at an average price of $98.82, for a total value of $373,045.50. Following the transaction, the director directly owned 50,971 shares of the company’s stock, valued at $5,036,954.22. This represents a 6.90% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 75,105 shares of company stock worth $7,423,185 over the last ninety days. Company insiders own 11.54% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in EL. Rakuten Investment Management Inc. lifted its stake in Estee Lauder Companies by 9.7% during the third quarter. Rakuten Investment Management Inc. now owns 45,050 shares of the company’s stock worth $4,251,000 after purchasing an additional 3,966 shares during the period. Bank Julius Baer & Co. Ltd Zurich boosted its holdings in Estee Lauder Companies by 7.1% during the third quarter. Bank Julius Baer & Co. Ltd Zurich now owns 33,482 shares of the company’s stock valued at $3,138,000 after purchasing an additional 2,228 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Estee Lauder Companies in the 3rd quarter valued at approximately $7,726,000. ProShare Advisors LLC grew its stake in shares of Estee Lauder Companies by 0.9% in the 3rd quarter. ProShare Advisors LLC now owns 38,480 shares of the company’s stock valued at $3,570,000 after purchasing an additional 330 shares during the period. Finally, Vise Technologies Inc. grew its stake in shares of Estee Lauder Companies by 86.9% in the 3rd quarter. Vise Technologies Inc. now owns 9,325 shares of the company’s stock valued at $865,000 after purchasing an additional 4,336 shares during the period. 55.15% of the stock is owned by institutional investors.

About Estee Lauder Companies

The Estée Lauder Companies Inc (NYSE: EL) is a global prestige beauty company that develops, markets and sells skincare, makeup, fragrance and hair-care products. Its portfolio includes brands such as Estée Lauder, Clinique, M·A·C, La Mer, Jo Malone London, Aveda, Bobbi Brown Cosmetics, Tom Ford Beauty, Le Labo and The Ordinary.

Founded in 1946 by Estée and Joseph Lauder, the company began with four skincare products and has expanded into a multinational beauty business. Its products are sold through department and specialty stores, beauty retailers, brand-operated stores, e-commerce platforms, salons, spas and other distribution channels.

The Estée Lauder Companies serves consumers in markets across the Americas, Europe, the Middle East and Africa, and Asia-Pacific.