Estee Lauder Companies (NYSE:EL) Given New $75.00 Price Target at Wells Fargo & Company

Estee Lauder Companies (NYSE:EL) had its price objective reduced by Wells Fargo & Company from $90.00 to $75.00 in a report released on Wednesday morning,Benzinga reports. They currently have an equal weight rating on the stock.

A number of other equities research analysts also recently commented on EL. Evercore lifted their price objective on Estee Lauder Companies from $115.00 to $125.00 and gave the company an “outperform” rating in a research report on Tuesday, December 16th. Raymond James Financial raised Estee Lauder Companies from a “market perform” rating to a “strong-buy” rating and set a $130.00 price objective for the company in a research report on Monday, January 5th. Zacks Research downgraded Estee Lauder Companies from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 9th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $113.00 price objective on shares of Estee Lauder Companies in a research report on Tuesday, February 3rd. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on Estee Lauder Companies from $124.00 to $108.00 and set a “buy” rating for the company in a research report on Monday, March 30th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Estee Lauder Companies currently has a consensus rating of “Hold” and an average price target of $99.95.

Estee Lauder Companies Price Performance

Shares of NYSE:EL opened at $71.44 on Wednesday. The company has a market cap of $25.84 billion, a P/E ratio of -142.88, a P/E/G ratio of 0.78 and a beta of 1.26. The company has a quick ratio of 1.00, a current ratio of 1.36 and a debt-to-equity ratio of 1.82. Estee Lauder Companies has a 52 week low of $48.37 and a 52 week high of $121.64. The business has a fifty day simple moving average of $94.28 and a 200-day simple moving average of $97.91.

Estee Lauder Companies (NYSE:EL) last announced its quarterly earnings data on Thursday, February 5th. The company reported $0.89 EPS for the quarter, beating analysts’ consensus estimates of $0.84 by $0.05. The business had revenue of $4.23 billion during the quarter, compared to the consensus estimate of $4.22 billion. Estee Lauder Companies had a positive return on equity of 17.59% and a negative net margin of 1.21%.The business’s revenue for the quarter was up 5.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.62 earnings per share. Estee Lauder Companies has set its FY 2026 guidance at 2.030-2.230 EPS. Equities research analysts forecast that Estee Lauder Companies will post 1.36 EPS for the current year.

Estee Lauder Companies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Friday, February 27th were given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend was Friday, February 27th. Estee Lauder Companies’s payout ratio is -280.00%.

Institutional Investors Weigh In On Estee Lauder Companies

A number of institutional investors have recently added to or reduced their stakes in EL. Schroder Investment Management Group grew its position in Estee Lauder Companies by 185.3% during the fourth quarter. Schroder Investment Management Group now owns 8,140,550 shares of the company’s stock valued at $861,596,000 after acquiring an additional 5,286,875 shares during the period. J. Stern & Co. LLP lifted its stake in shares of Estee Lauder Companies by 4,281.3% during the fourth quarter. J. Stern & Co. LLP now owns 4,094,761 shares of the company’s stock worth $4,094,761,000 after purchasing an additional 4,001,300 shares in the last quarter. Norges Bank acquired a new position in shares of Estee Lauder Companies during the fourth quarter worth about $308,912,000. M&T Bank Corp lifted its stake in shares of Estee Lauder Companies by 16,270.3% during the fourth quarter. M&T Bank Corp now owns 2,667,208 shares of the company’s stock worth $279,310,000 after purchasing an additional 2,650,915 shares in the last quarter. Finally, Victory Capital Management Inc. lifted its stake in shares of Estee Lauder Companies by 3,181.4% during the third quarter. Victory Capital Management Inc. now owns 2,312,535 shares of the company’s stock worth $203,781,000 after purchasing an additional 2,242,062 shares in the last quarter. Hedge funds and other institutional investors own 55.15% of the company’s stock.

Estee Lauder Companies Company Profile

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.