Estee Lauder Companies (NYSE:EL) Price Target Raised to $80.00

by · The Cerbat Gem

Estee Lauder Companies (NYSE:EL – Free Report) had its price target increased by Barclays from $75.00 to $80.00 in a research report report published on Tuesday morning,Benzinga reports. Barclays currently has an equal weight rating on the stock.

Other analysts have also recently issued research reports about the stock. Wells Fargo & Company upped their target price on shares of Estee Lauder Companies from $75.00 to $85.00 and gave the company an “equal weight” rating in a research report on Monday, May 4th. Piper Sandler initiated coverage on Estee Lauder Companies in a research report on Friday, May 15th. They issued an “overweight” rating and a $95.00 price target on the stock. Weiss Ratings cut Estee Lauder Companies from a “sell (d+)” rating to a “sell (d)” rating in a research note on Monday, May 4th. Deutsche Bank Aktiengesellschaft dropped their price objective on Estee Lauder Companies from $124.00 to $108.00 and set a “buy” rating for the company in a report on Monday, March 30th. Finally, Citigroup increased their target price on Estee Lauder Companies from $92.00 to $110.00 and gave the company a “buy” rating in a research note on Friday, May 22nd. One 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 given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $98.11.

View Our Latest Analysis on Estee Lauder Companies

Estee Lauder Companies Trading Down 3.4%

EL opened at $79.81 on Tuesday. The company has a debt-to-equity ratio of 1.71, a current ratio of 1.27 and a quick ratio of 0.94. The company has a market cap of $28.88 billion, a price-to-earnings ratio of -114.02, a price-to-earnings-growth ratio of 0.64 and a beta of 1.27. The firm has a 50 day simple moving average of $83.71 and a 200 day simple moving average of $90.43. Estee Lauder Companies has a fifty-two week low of $66.22 and a fifty-two week high of $121.64.

Estee Lauder Companies (NYSE:EL – Get Free Report) last announced its quarterly earnings data on Friday, May 1st. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.25. Estee Lauder Companies had a negative net margin of 1.67% and a positive return on equity of 20.66%. The business had revenue of $3.71 billion for the quarter, compared to analyst estimates of $3.69 billion. During the same period in the prior year, the business posted $0.65 earnings per share. Estee Lauder Companies’s revenue was up 4.6% compared to the same quarter last year. Estee Lauder Companies has set its FY 2026 guidance at 2.330-2.430 EPS. On average, sell-side analysts anticipate that Estee Lauder Companies will post 2.41 earnings per share for the current year.

Estee Lauder Companies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 29th were given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend was Friday, May 29th. Estee Lauder Companies’s dividend payout ratio (DPR) is currently -200.00%.

Hedge Funds Weigh In On Estee Lauder Companies

Several institutional investors and hedge funds have recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Estee Lauder Companies by 4.8% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,898 shares of the company’s stock valued at $1,709,000 after acquiring an additional 1,177 shares during the period. NewEdge Advisors LLC raised its position in shares of Estee Lauder Companies by 33.4% during the first quarter. NewEdge Advisors LLC now owns 6,992 shares of the company’s stock worth $462,000 after purchasing an additional 1,749 shares during the period. Empowered Funds LLC lifted its holdings in shares of Estee Lauder Companies by 24.1% during the 1st quarter. Empowered Funds LLC now owns 4,619 shares of the company’s stock valued at $305,000 after purchasing an additional 898 shares in the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of Estee Lauder Companies by 23.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 997 shares of the company’s stock valued at $81,000 after purchasing an additional 188 shares in the last quarter. Finally, First Trust Advisors LP grew its position in shares of Estee Lauder Companies by 55.5% in the 2nd quarter. First Trust Advisors LP now owns 13,522 shares of the company’s stock valued at $1,093,000 after purchasing an additional 4,826 shares during the period. Institutional investors and hedge funds own 55.15% of the company’s stock.

About Estee Lauder Companies

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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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