Ralph Lauren (NYSE:RL) Given New $473.00 Price Target at Barclays

Ralph Lauren (NYSE:RL) had its price objective boosted by Barclays from $463.00 to $473.00 in a research note released on Friday morning,Benzinga reports. The firm currently has an overweight rating on the textile maker’s stock.

Other analysts also recently issued research reports about the company. Telsey Advisory Group boosted their price objective on Ralph Lauren from $460.00 to $470.00 and gave the company an “outperform” rating in a research report on Friday, August 7th. Weiss Ratings cut shares of Ralph Lauren from a “buy (b+)” rating to a “buy (b)” rating in a report on Wednesday, August 26th. Evercore reaffirmed an “outperform” rating and issued a $460.00 target price on shares of Ralph Lauren in a research note on Friday, August 7th. Wells Fargo & Company upped their price target on shares of Ralph Lauren from $415.00 to $425.00 and gave the company an “overweight” rating in a report on Tuesday, July 21st. Finally, Needham & Company LLC upped their price target on shares of Ralph Lauren from $405.00 to $450.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Fifteen analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $449.79.

Ralph Lauren Trading Down 1.2%

Shares of RL traded down $4.68 during trading hours on Friday, hitting $377.10. The company had a trading volume of 877,018 shares, compared to its average volume of 497,174. The firm has a market cap of $22.47 billion, a P/E ratio of 21.65, a P/E/G ratio of 1.79 and a beta of 1.30. The stock’s 50 day moving average price is $363.95 and its 200 day moving average price is $367.75. The company has a quick ratio of 1.42, a current ratio of 2.04 and a debt-to-equity ratio of 0.53. Ralph Lauren has a 52-week low of $315.71 and a 52-week high of $421.60.

Ralph Lauren (NYSE:RL) last released its earnings results on Thursday, November 5th. The textile maker reported $4.64 earnings per share for the quarter, beating analysts’ consensus estimates of $4.26 by $0.38. The company had revenue of $2.19 billion during the quarter, compared to analyst estimates of $2.13 billion. Ralph Lauren had a return on equity of 39.10% and a net margin of 11.76%. Ralph Lauren’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $3.79 EPS. On average, research analysts predict that Ralph Lauren will post 18.88 EPS for the current year.

Ralph Lauren Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 9th. Stockholders of record on Friday, September 25th were given a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Friday, September 25th. Ralph Lauren’s dividend payout ratio (DPR) is currently 25.20%.

Hedge Funds Weigh In On Ralph Lauren

Hedge funds and other institutional investors have recently made changes to their positions in the business. First Trust Advisors LP boosted its holdings in Ralph Lauren by 20.0% in the first quarter. First Trust Advisors LP now owns 703,637 shares of the textile maker’s stock valued at $242,044,000 after acquiring an additional 117,412 shares in the last quarter. Jennison Associates LLC raised its holdings in Ralph Lauren by 6.4% in the 1st quarter. Jennison Associates LLC now owns 593,537 shares of the textile maker’s stock worth $204,171,000 after purchasing an additional 35,525 shares in the last quarter. Wellington Management Group LLP raised its holdings in Ralph Lauren by 55.5% in the 2nd quarter. Wellington Management Group LLP now owns 476,472 shares of the textile maker’s stock worth $191,261,000 after purchasing an additional 170,091 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in Ralph Lauren by 1.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 423,283 shares of the textile maker’s stock worth $145,550,000 after purchasing an additional 5,107 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its position in shares of Ralph Lauren by 65.7% in the 1st quarter. Bank of New York Mellon Corp now owns 415,919 shares of the textile maker’s stock worth $143,072,000 after purchasing an additional 164,965 shares during the period. Institutional investors own 67.91% of the company’s stock.

Key Headlines Impacting Ralph Lauren

Here are the key news stories impacting Ralph Lauren this week:

• Positive Sentiment: For fiscal Q2 2027, revenue rose 9.1% year over year to $2.19 billion, while EPS of $4.64 topped analyst estimates of about $4.26. Strong Asia sales, consumer demand and improved margins supported the results. Article: RL Q2 Earnings Beat Estimates on Strong Asia Sales, Margins Rise
• Positive Sentiment: Ralph Lauren raised its fiscal 2027 outlook, projecting constant-currency revenue growth of 6% to 7% and operating-margin expansion of 80 to 100 basis points. Article: Ralph Lauren outlines fiscal 2027 growth outlook
• Positive Sentiment: Barclays raised its price target to $473 from $463 and maintained an Overweight rating, signaling a favorable analyst view. Article: Barclays stock recommendations
• Negative Sentiment: The stock’s pullback despite the beat and raised outlook suggests investors were concerned about weaker European sales and whether the forecast offered enough upside. Article: Ralph Lauren slips as weak European sales and FY27 outlook temper upbeat quarter

About Ralph Lauren

Ralph Lauren Corporation is a global designer, marketer and distributor of premium lifestyle products. Founded by Ralph Lauren in 1967 with a collection of men’s ties, the company has grown into a fashion and lifestyle business built around its namesake brand and Polo Ralph Lauren.

Its products include apparel, footwear, accessories, fragrances and home furnishings. The company sells through department stores and other wholesale partners, as well as its own retail stores and e-commerce channels, and also licenses its brands for selected products and services.

Ralph Lauren serves customers in North America, Europe and Asia, among other markets.