The Estee Lauder Companies Inc. (NYSE:EL) Receives $104.67 Average Price Target from Analysts

The Estee Lauder Companies Inc. (NYSE:EL) has been given an average recommendation of “Hold” by the twenty-four analysts that are presently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $104.6667.

Several equities analysts recently weighed in on EL shares. Morgan Stanley raised their price target on shares of Estee Lauder Companies from $90.00 to $102.00 and gave the company an “equal weight” rating in a research report on Thursday, August 20th. Weiss Ratings raised Estee Lauder Companies from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, August 21st. Canaccord Genuity Group increased their price objective on Estee Lauder Companies from $85.00 to $90.00 and gave the stock a “hold” rating in a research note on Thursday, August 20th. Telsey Advisory Group raised their target price on Estee Lauder Companies from $90.00 to $108.00 and gave the company a “market perform” rating in a report on Thursday, August 20th. Finally, The Goldman Sachs Group lifted their target price on Estee Lauder Companies from $100.00 to $112.00 and gave the company a “buy” rating in a research report on Thursday, August 20th.

Estee Lauder Companies Price Performance

Shares of NYSE:EL opened at $93.90 on Friday. Estee Lauder Companies has a twelve month low of $66.22 and a twelve month high of $121.64. The stock’s 50 day moving average is $91.35 and its 200-day moving average is $85.29. The company has a quick ratio of 0.90, a current ratio of 1.22 and a debt-to-equity ratio of 1.79. The firm has a market capitalization of $33.97 billion, a price-to-earnings ratio of 191.62, a PEG ratio of 1.11 and a beta of 1.28.

Estee Lauder Companies (NYSE:EL) last announced its quarterly earnings results on Wednesday, August 19th. The company reported $0.39 EPS 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 during the quarter, compared to analyst estimates of $3.55 billion. During the same quarter in the previous year, the business posted $0.09 EPS. Estee Lauder Companies’s quarterly revenue 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. Sell-side analysts forecast that Estee Lauder Companies will post 3.3 EPS for the current fiscal year.

Estee Lauder Companies Dividend Announcement

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

Insider Buying and Selling at Estee Lauder Companies

In other news, VP Rashida La Lande sold 7,766 shares of the firm’s stock in a transaction on Friday, August 28th. The stock was sold at an average price of $103.32, for a total transaction of $802,383.12. Following the completion of the sale, the vice president directly owned 14,357 shares of the company’s stock, valued at $1,483,365.24. This trade represents a 35.10% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Charlene Barshefsky sold 3,775 shares of Estee Lauder Companies stock in a transaction 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 sale, the director owned 50,971 shares in the company, valued at $5,036,954.22. The trade was a 6.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 75,105 shares of company stock worth $7,423,185 in the last quarter. 13.05% of the stock is currently owned by company insiders.

Institutional Trading of Estee Lauder Companies

Large investors have recently added to or reduced their stakes in the stock. New Mexico Educational Retirement Board raised its position in Estee Lauder Companies by 0.9% in the fourth quarter. New Mexico Educational Retirement Board now owns 10,724 shares of the company’s stock valued at $1,123,000 after purchasing an additional 100 shares during the last quarter. IFP Advisors Inc grew its holdings in shares of Estee Lauder Companies by 35.2% during the second quarter. IFP Advisors Inc now owns 415 shares of the company’s stock worth $33,000 after purchasing an additional 108 shares during the last quarter. Allworth Financial LP increased its position in Estee Lauder Companies by 6.6% in the 4th quarter. Allworth Financial LP now owns 1,789 shares of the company’s stock valued at $187,000 after acquiring an additional 110 shares during the period. Valeo Financial Advisors LLC lifted its holdings in shares of Estee Lauder Companies by 4.4% during the fourth quarter. Valeo Financial Advisors LLC now owns 2,806 shares of the company’s stock worth $294,000 after purchasing an additional 117 shares during the period. Finally, Cullen Frost Bankers Inc. grew its stake in shares of Estee Lauder Companies by 0.8% in the fourth quarter. Cullen Frost Bankers Inc. now owns 14,462 shares of the company’s stock worth $1,514,000 after purchasing an additional 118 shares during the last quarter. Hedge funds and other institutional investors own 55.15% of the company’s stock.

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.