The Estee Lauder Companies Inc. (NYSE:EL – Get Free Report) shares reached a new 52-week high during trading on Friday . The stock traded as high as $104.84 and last traded at $105.1860, with a volume of 285342 shares trading hands. The stock had previously closed at $103.82.
Wall Street Analysts Forecast Growth
A number of analysts recently weighed in on the company. The Goldman Sachs Group upgraded Estee Lauder Companies from a “neutral” rating to a “buy” rating and lifted their price target for the company from $76.00 to $115.00 in a research note on Monday, October 13th. Rothschild Redb downgraded Estee Lauder Companies from a “hold” rating to a “strong sell” rating in a report on Tuesday, November 25th. Evercore ISI boosted their target price on shares of Estee Lauder Companies from $100.00 to $115.00 and gave the stock an “outperform” rating in a research report on Monday, September 15th. Wells Fargo & Company upped their price target on shares of Estee Lauder Companies from $90.00 to $95.00 and gave the stock an “equal weight” rating in a research note on Friday, October 31st. Finally, JPMorgan Chase & Co. increased their price target on shares of Estee Lauder Companies from $114.00 to $116.00 and gave the company an “overweight” rating in a report on Friday, October 31st. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, ten have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $94.43.
Read Our Latest Analysis on Estee Lauder Companies
Estee Lauder Companies Price Performance
Estee Lauder Companies (NYSE:EL – Get Free Report) last released its quarterly earnings data on Thursday, October 30th. The company reported $0.32 EPS for the quarter, topping the consensus estimate of $0.15 by $0.17. The business had revenue of $3.48 billion for the quarter, compared to analyst estimates of $3.38 billion. Estee Lauder Companies had a negative net margin of 6.44% and a positive return on equity of 14.92%. The business’s revenue for the quarter was up 3.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.14 EPS. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. On average, equities research analysts anticipate that The Estee Lauder Companies Inc. will post 1.36 earnings per share for the current fiscal year.
Estee Lauder Companies Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 15th. Stockholders of record on Friday, November 28th will be paid a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, November 28th. Estee Lauder Companies’s dividend payout ratio (DPR) is -54.26%.
Insider Activity at Estee Lauder Companies
In other news, VP Meridith Webster sold 5,430 shares of the business’s stock in a transaction on Tuesday, November 18th. The stock was sold at an average price of $87.84, for a total value of $476,971.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Barry S. Sternlicht sold 3,972 shares of the company’s stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $91.83, for a total value of $364,748.76. Following the completion of the sale, the director owned 34,812 shares in the company, valued at $3,196,785.96. This represents a 10.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 13.05% of the company’s stock.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in the company. Quent Capital LLC purchased a new position in Estee Lauder Companies during the third quarter valued at approximately $33,000. Hantz Financial Services Inc. boosted its holdings in Estee Lauder Companies by 80.6% in the 3rd quarter. Hantz Financial Services Inc. now owns 372 shares of the company’s stock valued at $33,000 after purchasing an additional 166 shares during the period. Asset Dedication LLC grew its position in shares of Estee Lauder Companies by 258.7% during the 2nd quarter. Asset Dedication LLC now owns 391 shares of the company’s stock valued at $32,000 after purchasing an additional 282 shares in the last quarter. Kelleher Financial Advisors bought a new position in shares of Estee Lauder Companies in the third quarter worth $39,000. Finally, TD Private Client Wealth LLC raised its position in shares of Estee Lauder Companies by 246.4% in the second quarter. TD Private Client Wealth LLC now owns 478 shares of the company’s stock worth $39,000 after buying an additional 340 shares in the last quarter. Institutional investors and hedge funds own 55.15% of the company’s stock.
About Estee Lauder Companies
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.
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