Estee Lauder Companies (NYSE:EL) Upgraded at The Goldman Sachs Group

The Goldman Sachs Group upgraded shares of Estee Lauder Companies (NYSE:EL) from a neutral rating to a buy rating in a research note issued to investors on Monday, MarketBeat Ratings reports. The firm currently has $115.00 price target on the stock, up from their previous price target of $76.00.

EL has been the subject of a number of other research reports. HSBC upgraded Estee Lauder Companies from a “hold” rating to a “buy” rating and upped their target price for the company from $80.00 to $99.00 in a report on Friday, June 27th. Deutsche Bank Aktiengesellschaft upped their price target on Estee Lauder Companies from $98.00 to $100.00 and gave the stock a “buy” rating in a research note on Thursday, August 21st. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $99.00 price target on shares of Estee Lauder Companies in a research note on Wednesday, August 20th. Bank of America began coverage on Estee Lauder Companies in a research note on Thursday, July 10th. They issued a “buy” rating and a $110.00 price target on the stock. Finally, Wall Street Zen cut Estee Lauder Companies from a “hold” rating to a “sell” rating in a research note on Friday, August 22nd. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $91.30.

Estee Lauder Companies Price Performance

Shares of Estee Lauder Companies stock opened at $95.22 on Monday. The company has a quick ratio of 0.92, a current ratio of 1.30 and a debt-to-equity ratio of 1.89. The company has a market cap of $34.27 billion, a PE ratio of -30.32, a P/E/G ratio of 2.71 and a beta of 1.16. The business has a 50 day moving average of $89.59 and a 200 day moving average of $77.51. Estee Lauder Companies has a 52 week low of $48.37 and a 52 week high of $97.15.

Estee Lauder Companies (NYSE:EL) last announced its earnings results on Wednesday, August 20th. The company reported $0.09 EPS for the quarter, beating analysts’ consensus estimates of $0.07 by $0.02. The company had revenue of $3.41 billion during the quarter, compared to the consensus estimate of $3.36 billion. Estee Lauder Companies had a positive return on equity of 12.37% and a negative net margin of 7.91%.The firm’s revenue for the quarter was down 11.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.64 earnings per share. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. As a group, equities research analysts forecast that Estee Lauder Companies will post 1.36 earnings per share for the current year.

Estee Lauder Companies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd were paid a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend was Tuesday, September 2nd. Estee Lauder Companies’s dividend payout ratio is currently -44.59%.

Insiders Place Their Bets

In other news, Director Lynn Forester sold 3,702 shares of the stock in a transaction on Friday, August 29th. The stock was sold at an average price of $91.65, for a total value of $339,288.30. Following the sale, the director directly owned 15,479 shares of the company’s stock, valued at approximately $1,418,650.35. This represents a 19.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Lande Rashida La sold 6,417 shares of the stock in a transaction on Thursday, August 28th. The stock was sold at an average price of $91.88, for a total value of $589,593.96. The disclosure for this sale can be found here. Corporate insiders own 13.05% of the company’s stock.

Institutional Investors Weigh In On Estee Lauder Companies

Institutional investors have recently modified their holdings of the stock. Norges Bank purchased a new stake in shares of Estee Lauder Companies during the second quarter valued at $189,663,000. Schroder Investment Management Group boosted its position in shares of Estee Lauder Companies by 593.3% during the second quarter. Schroder Investment Management Group now owns 2,211,624 shares of the company’s stock valued at $178,699,000 after buying an additional 1,892,629 shares during the last quarter. Federated Hermes Inc. boosted its position in shares of Estee Lauder Companies by 556.8% during the second quarter. Federated Hermes Inc. now owns 1,554,088 shares of the company’s stock valued at $125,570,000 after buying an additional 1,317,473 shares during the last quarter. Invesco Ltd. boosted its position in shares of Estee Lauder Companies by 21.9% during the first quarter. Invesco Ltd. now owns 6,681,785 shares of the company’s stock valued at $440,998,000 after buying an additional 1,200,537 shares during the last quarter. Finally, American Century Companies Inc. boosted its position in shares of Estee Lauder Companies by 34.9% during the first quarter. American Century Companies Inc. now owns 4,511,115 shares of the company’s stock valued at $297,734,000 after buying an additional 1,167,508 shares during the last quarter. 55.15% of the stock is owned by hedge funds and other institutional investors.

Estee Lauder Companies Company Profile

The Estée Lauder Companies Inc manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. It offers skin care products, including moisturizers, serums, cleansers, toners, body care, exfoliators, acne care and oil correctors, facial masks, and sun care products; and makeup products, such as lipsticks, lip glosses, mascaras, foundations, eyeshadows, and powders, as well as compacts, brushes, and other makeup tools.