Estee Lauder Companies (NYSE:EL – Get Free Report) had its price objective increased by analysts at Barclays from $75.00 to $80.00 in a report released on Tuesday,Benzinga reports. The firm presently has an “equal weight” rating on the stock. Barclays‘s price objective indicates a potential downside of 2.71% from the company’s current price.
Several other research analysts have also weighed in on EL. Zacks Research lowered shares of Estee Lauder Companies from a “strong-buy” rating to a “hold” rating in a report on Friday, July 10th. The Goldman Sachs Group initiated coverage on Estee Lauder Companies in a report on Monday, June 22nd. They issued a “buy” rating and a $100.00 target price on the stock. Sanford C. Bernstein began coverage on Estee Lauder Companies in a research note on Friday, June 12th. They issued a “market perform” rating and a $82.00 price objective for the company. Weiss Ratings lowered Estee Lauder Companies from a “sell (d+)” rating to a “sell (d)” rating in a research report on Monday, May 4th. Finally, Wall Street Zen downgraded Estee Lauder Companies from a “buy” rating to a “hold” rating in a research note on Saturday, April 4th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, Estee Lauder Companies currently has a consensus rating of “Hold” and an average price target of $99.42.
Read Our Latest Analysis on Estee Lauder Companies
Estee Lauder Companies Stock Down 1.7%
Estee Lauder Companies (NYSE:EL – Get Free Report) last issued its quarterly earnings data on Friday, May 1st. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.25. The company had revenue of $3.71 billion for the quarter, compared to the consensus estimate of $3.69 billion. Estee Lauder Companies had a negative net margin of 1.67% and a positive return on equity of 20.66%. Estee Lauder Companies’s revenue for the quarter was up 4.6% on a year-over-year basis. During the same period last year, the firm posted $0.65 EPS. Estee Lauder Companies has set its FY 2026 guidance at 2.330-2.430 EPS. Sell-side analysts anticipate that Estee Lauder Companies will post 2.41 EPS for the current fiscal year.
Hedge Funds Weigh In On Estee Lauder Companies
Hedge funds have recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Estee Lauder Companies by 4.8% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,898 shares of the company’s stock worth $1,709,000 after purchasing an additional 1,177 shares during the last quarter. NewEdge Advisors LLC lifted its position in shares of Estee Lauder Companies by 33.4% in the first quarter. NewEdge Advisors LLC now owns 6,992 shares of the company’s stock valued at $462,000 after buying an additional 1,749 shares during the last quarter. Empowered Funds LLC boosted 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 worth $305,000 after buying an additional 898 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in Estee Lauder Companies by 23.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 997 shares of the company’s stock worth $81,000 after purchasing an additional 188 shares during the last quarter. Finally, First Trust Advisors LP grew its stake in shares of Estee Lauder Companies by 55.5% in the second quarter. First Trust Advisors LP now owns 13,522 shares of the company’s stock valued at $1,093,000 after acquiring an additional 4,826 shares in the last quarter. Institutional investors own 55.15% of the company’s stock.
About Estee Lauder Companies
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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