ProShare Advisors LLC lowered its holdings in Ralph Lauren Corporation (NYSE:RL – Free Report) by 12.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 9,802 shares of the textile maker’s stock after selling 1,337 shares during the quarter. ProShare Advisors LLC’s holdings in Ralph Lauren were worth $3,466,000 at the end of the most recent reporting period.
Several other large investors have also modified their holdings of the business. Invesco Ltd. raised its holdings in shares of Ralph Lauren by 9.8% in the 3rd quarter. Invesco Ltd. now owns 1,048,755 shares of the textile maker’s stock valued at $328,848,000 after purchasing an additional 93,753 shares in the last quarter. Orion Porfolio Solutions LLC raised its stake in shares of Ralph Lauren by 8,937.8% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 963,340 shares of the textile maker’s stock worth $264,225,000 after acquiring an additional 952,681 shares in the last quarter. Qube Research & Technologies Ltd raised its stake in shares of Ralph Lauren by 11.7% during the 3rd quarter. Qube Research & Technologies Ltd now owns 941,832 shares of the textile maker’s stock worth $295,321,000 after acquiring an additional 98,511 shares in the last quarter. Ameriprise Financial Inc. raised its stake in shares of Ralph Lauren by 5.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 756,203 shares of the textile maker’s stock worth $207,417,000 after acquiring an additional 36,328 shares in the last quarter. Finally, Boston Partners raised its stake in shares of Ralph Lauren by 2.1% during the 3rd quarter. Boston Partners now owns 715,733 shares of the textile maker’s stock worth $224,455,000 after acquiring an additional 14,953 shares in the last quarter. Institutional investors own 67.91% of the company’s stock.
Wall Street Analysts Forecast Growth
RL has been the subject of several recent analyst reports. Barclays boosted their price objective on shares of Ralph Lauren from $430.00 to $439.00 and gave the stock an “overweight” rating in a research note on Friday. Evercore set a $420.00 price target on shares of Ralph Lauren and gave the company an “outperform” rating in a research note on Friday, February 6th. Telsey Advisory Group restated an “outperform” rating and set a $435.00 price target on shares of Ralph Lauren in a research note on Thursday, February 5th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $437.00 price target on shares of Ralph Lauren in a research note on Friday. Finally, Needham & Company LLC restated a “buy” rating and set a $400.00 price target on shares of Ralph Lauren in a research note on Thursday. Fifteen analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $428.29.
Ralph Lauren News Summary
Here are the key news stories impacting Ralph Lauren this week:
- Positive Sentiment: Ralph Lauren beat estimates on both revenue and earnings, reporting $1.98 billion in quarterly sales and adjusted EPS of $2.80 versus expectations of about $1.85 billion and $2.52, respectively. Reuters: Ralph Lauren beats quarterly revenue estimates
- Positive Sentiment: Growth was broad-based, with revenue up 16.6% year over year and especially strong performance in China, reinforcing investor confidence in the brand’s global pricing power and luxury demand. WSJ: Ralph Lauren Sales Climb, Boosted by Strength in China
- Positive Sentiment: Management cited strong direct-to-consumer and full-price selling trends, with gross margin expansion and momentum in premium shoppers helping offset tariff pressure. Seeking Alpha: Ralph Lauren soars after higher pricing, strong demand offsets tariff impact
- Positive Sentiment: BTIG reiterated a Buy rating and lifted its price target to $450, signaling additional upside potential after the earnings beat. Tickerreport.com coverage of BTIG rating
- Positive Sentiment: The company also raised its quarterly dividend to $1.00 per share, up 9.6%, which may appeal to income-focused investors. MarketBeat earnings report
Ralph Lauren Trading Up 0.8%
Shares of Ralph Lauren stock opened at $377.89 on Friday. The company has a current ratio of 2.10, a quick ratio of 1.52 and a debt-to-equity ratio of 0.50. Ralph Lauren Corporation has a 12-month low of $258.13 and a 12-month high of $393.41. The firm has a market capitalization of $22.88 billion, a price-to-earnings ratio of 25.01, a PEG ratio of 1.28 and a beta of 1.37. The firm’s 50 day simple moving average is $354.00 and its two-hundred day simple moving average is $355.26.
Ralph Lauren (NYSE:RL – Get Free Report) last issued its quarterly earnings results on Thursday, May 21st. The textile maker reported $2.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.52 by $0.28. Ralph Lauren had a net margin of 11.60% and a return on equity of 38.81%. The business had revenue of $1.98 billion for the quarter, compared to analyst estimates of $1.85 billion. During the same quarter in the prior year, the business posted $2.27 EPS. Ralph Lauren’s revenue for the quarter was up 16.6% compared to the same quarter last year. Analysts predict that Ralph Lauren Corporation will post 18.12 EPS for the current year.
Ralph Lauren Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 10th. Stockholders of record on Friday, June 26th will be paid a $1.00 dividend. The ex-dividend date is Friday, June 26th. This is an increase from Ralph Lauren’s previous quarterly dividend of $0.91. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.1%. Ralph Lauren’s dividend payout ratio (DPR) is currently 24.85%.
Ralph Lauren Profile
Ralph Lauren Corporation (NYSE: RL) is a global designer, marketer and distributor of premium lifestyle products under the Ralph Lauren name and a portfolio of related brands. The company, founded by Ralph Lauren in 1967 and headquartered in New York City, has grown from a single line of men’s neckties into a global lifestyle business that spans apparel, accessories and home goods.
Ralph Lauren’s product assortment includes menswear, womenswear and childrenswear along with footwear, leather goods, eyewear, fragrances and home furnishings.
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