Estee Lauder Companies (NYSE:EL) Raised to Hold at Sanford C. Bernstein

Estee Lauder Companies (NYSE:EL) was upgraded by investment analysts at Sanford C. Bernstein to a “hold” rating in a research report issued to clients and investors on Thursday,Zacks.com reports.

Several other brokerages have also recently issued reports on EL. Wall Street Zen cut Estee Lauder Companies from a “buy” rating to a “hold” rating in a research note on Saturday, April 4th. Telsey Advisory Group cut their price objective on Estee Lauder Companies from $105.00 to $90.00 and set a “market perform” rating on the stock in a research note on Monday, May 4th. JPMorgan Chase & Co. upped their price objective on Estee Lauder Companies from $98.00 to $99.00 and gave the company an “overweight” rating in a research note on Monday, May 4th. Deutsche Bank Aktiengesellschaft cut their price objective on Estee Lauder Companies from $124.00 to $108.00 and set a “buy” rating on the stock in a research note on Monday, March 30th. Finally, Wells Fargo & Company upped their price objective on Estee Lauder Companies from $75.00 to $85.00 and gave the company an “equal weight” rating in a research note on Monday, May 4th. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Estee Lauder Companies has a consensus rating of “Moderate Buy” and a consensus price target of $100.65.

Estee Lauder Companies Stock Up 1.8%

Shares of NYSE EL opened at $89.64 on Thursday. Estee Lauder Companies has a 1 year low of $66.22 and a 1 year high of $121.64. The firm has a market cap of $32.43 billion, a price-to-earnings ratio of -128.05, a PEG ratio of 0.91 and a beta of 1.26. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.94 and a current ratio of 1.27. The stock’s 50-day simple moving average is $80.32 and its 200-day simple moving average is $94.58.

Estee Lauder Companies (NYSE:EL) last announced its earnings results on Friday, May 1st. The company reported $0.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.66 by $0.25. Estee Lauder Companies had a positive return on equity of 20.66% and a negative net margin of 1.67%.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 previous year, the company earned $0.65 earnings per share. The company’s revenue for the quarter 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. As a group, equities analysts anticipate that Estee Lauder Companies will post 2.41 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Estee Lauder Companies

A number of institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its position in Estee Lauder Companies by 3.9% in the fourth quarter. Vanguard Group Inc. now owns 27,952,869 shares of the company’s stock worth $2,927,224,000 after purchasing an additional 1,043,746 shares during the period. Bank of America Corp DE lifted its position in shares of Estee Lauder Companies by 950.9% during the 1st quarter. Bank of America Corp DE now owns 13,843,765 shares of the company’s stock valued at $993,567,000 after acquiring an additional 12,526,471 shares during the last quarter. State Street Corp boosted its stake in shares of Estee Lauder Companies by 4.2% during the 4th quarter. State Street Corp now owns 11,585,782 shares of the company’s stock worth $1,213,263,000 after acquiring an additional 467,195 shares in the last quarter. Schroder Investment Management Group boosted its stake in shares of Estee Lauder Companies by 185.3% during the 4th quarter. Schroder Investment Management Group now owns 8,140,550 shares of the company’s stock worth $861,596,000 after acquiring an additional 5,286,875 shares in the last quarter. Finally, Independent Franchise Partners LLP boosted its stake in shares of Estee Lauder Companies by 1.1% during the 4th quarter. Independent Franchise Partners LLP now owns 7,837,249 shares of the company’s stock worth $820,717,000 after acquiring an additional 83,857 shares in the last quarter. 55.15% of the stock is currently owned by institutional investors and hedge funds.

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.