Estee Lauder Companies (NYSE:EL) had its price objective hoisted by Morgan Stanley from $166.00 to $178.00 in a report issued on Tuesday. Morgan Stanley currently has an overweight rating on the stock.

A number of other equities analysts have also commented on the stock. Royal Bank of Canada lifted their price target on shares of Estee Lauder Companies to $173.00 and gave the company a positive rating in a research report on Thursday, March 7th. JPMorgan Chase & Co. raised shares of Estee Lauder Companies from a neutral rating to an overweight rating and lifted their price target for the company from $160.00 to $175.00 in a research report on Thursday, March 7th. BMO Capital Markets lifted their price target on shares of Estee Lauder Companies from $140.00 to $155.00 and gave the company a market perform rating in a research report on Wednesday, February 6th. Zacks Investment Research raised shares of Estee Lauder Companies from a hold rating to a buy rating and set a $153.00 target price on the stock in a research report on Wednesday, February 6th. Finally, Credit Suisse Group boosted their target price on shares of Estee Lauder Companies from $165.00 to $175.00 and gave the stock an outperform rating in a research report on Wednesday, February 6th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and seventeen have assigned a buy rating to the company. Estee Lauder Companies currently has a consensus rating of Buy and a consensus target price of $156.55.

EL stock opened at $160.70 on Tuesday. The company has a quick ratio of 1.27, a current ratio of 1.71 and a debt-to-equity ratio of 0.78. The company has a market cap of $58.91 billion, a P/E ratio of 35.63, a P/E/G ratio of 2.59 and a beta of 0.72. Estee Lauder Companies has a 52 week low of $121.47 and a 52 week high of $163.79.

Estee Lauder Companies (NYSE:EL) last released its quarterly earnings results on Tuesday, February 5th. The company reported $1.74 EPS for the quarter, beating the Zacks’ consensus estimate of $1.54 by $0.20. Estee Lauder Companies had a net margin of 11.49% and a return on equity of 40.38%. The company had revenue of $4.01 billion for the quarter, compared to analyst estimates of $3.92 billion. During the same quarter last year, the firm posted $1.52 earnings per share. The company’s quarterly revenue was up 7.0% compared to the same quarter last year. As a group, analysts anticipate that Estee Lauder Companies will post 5.03 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Thursday, February 28th were issued a $0.43 dividend. This represents a $1.72 annualized dividend and a yield of 1.07%. The ex-dividend date of this dividend was Wednesday, February 27th. Estee Lauder Companies’s dividend payout ratio (DPR) is presently 38.14%.

In related news, insider John Demsey sold 54,303 shares of the company’s stock in a transaction dated Wednesday, January 2nd. The shares were sold at an average price of $131.48, for a total transaction of $7,139,758.44. Following the transaction, the insider now owns 27,525 shares in the company, valued at approximately $3,618,987. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Alexandra C. Trower sold 25,296 shares of the company’s stock in a transaction dated Friday, March 1st. The stock was sold at an average price of $158.71, for a total transaction of $4,014,728.16. The disclosure for this sale can be found here. Insiders sold a total of 600,774 shares of company stock worth $91,688,069 in the last three months. Insiders own 16.13% of the company’s stock.

A number of institutional investors have recently added to or reduced their stakes in EL. CMC Financial Group bought a new stake in Estee Lauder Companies during the 4th quarter worth approximately $1,103,000. MUFG Securities EMEA plc increased its stake in Estee Lauder Companies by 599.5% during the 4th quarter. MUFG Securities EMEA plc now owns 42,500 shares of the company’s stock worth $5,529,000 after purchasing an additional 36,424 shares in the last quarter. Norges Bank acquired a new position in Estee Lauder Companies during the 4th quarter worth approximately $233,786,000. Kentucky Retirement Systems Insurance Trust Fund acquired a new position in Estee Lauder Companies during the 4th quarter worth approximately $566,000. Finally, Nordea Investment Management AB boosted its position in Estee Lauder Companies by 90.9% during the 4th quarter. Nordea Investment Management AB now owns 734,131 shares of the company’s stock worth $95,512,000 after acquiring an additional 349,596 shares during the last quarter. Institutional investors own 54.89% of the company’s stock.

Estee Lauder Companies Company Profile

The Estée Lauder Companies Inc manufactures and markets skin care, makeup, fragrance, and hair care products. The company offers a range of skin care products, such as moisturizers, serums, cleansers, toners, body care products, exfoliators, acne care products, facial masks, cleansing devices, and sun care products; and makeup products, including lipsticks, lip glosses, mascaras, foundations, eyeshadows, nail polishes, and powders, as well as related items, including compacts, brushes, and other makeup tools.

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Analyst Recommendations for Estee Lauder Companies (NYSE:EL)

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