Estee Lauder Companies (NYSE:EL – Get Free Report) was upgraded by equities researchers at Zacks Research from a “hold” rating to a “strong-buy” rating in a research report issued on Tuesday,Zacks.com reports.
A number of other analysts have also recently weighed in on EL. JPMorgan Chase & Co. upped their price target on shares of Estee Lauder Companies from $114.00 to $116.00 and gave the stock an “overweight” rating in a research report on Friday, October 31st. Citigroup boosted their price objective on Estee Lauder Companies from $105.00 to $110.00 and gave the stock a “neutral” rating in a research note on Wednesday. Telsey Advisory Group increased their target price on Estee Lauder Companies from $99.00 to $105.00 and gave the company a “market perform” rating in a research note on Friday, October 31st. Rothschild & Co Redburn lowered Estee Lauder Companies from a “neutral” rating to a “sell” rating and reduced their price target for the stock from $83.00 to $70.00 in a research report on Tuesday, November 25th. Finally, UBS Group upped their price target on Estee Lauder Companies from $93.00 to $105.00 and gave the stock a “neutral” rating in a report on Friday, October 31st. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, Estee Lauder Companies has an average rating of “Hold” and an average target price of $95.14.
Get Our Latest Stock Report on EL
Estee Lauder Companies Stock Performance
Estee Lauder Companies (NYSE:EL – Get Free Report) last posted its earnings results on Thursday, October 30th. The company reported $0.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.15 by $0.17. The firm had revenue of $3.48 billion during the quarter, compared to the consensus estimate 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 company’s revenue was up 3.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.14 EPS. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. Equities analysts predict that Estee Lauder Companies will post 1.36 EPS for the current year.
Insider Activity at Estee Lauder Companies
In related news, VP Meridith Webster sold 5,430 shares of Estee Lauder Companies stock in a transaction on Tuesday, November 18th. The shares were sold at an average price of $87.84, for a total value of $476,971.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 transaction of $364,748.76. Following the completion of the sale, the director directly 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. The SEC filing for this sale provides additional information. 13.05% of the stock is owned by insiders.
Institutional Investors Weigh In On Estee Lauder Companies
A number of institutional investors have recently modified their holdings of EL. Asset Dedication LLC grew its stake in Estee Lauder Companies by 258.7% in the second quarter. Asset Dedication LLC now owns 391 shares of the company’s stock worth $32,000 after purchasing an additional 282 shares in the last quarter. Quent Capital LLC acquired a new position in shares of Estee Lauder Companies in the 3rd quarter worth approximately $33,000. Hantz Financial Services Inc. grew its position in shares of Estee Lauder Companies by 80.6% in the 3rd quarter. Hantz Financial Services Inc. now owns 372 shares of the company’s stock worth $33,000 after acquiring an additional 166 shares in the last quarter. TD Private Client Wealth LLC increased its holdings in shares of Estee Lauder Companies by 246.4% in the 2nd quarter. TD Private Client Wealth LLC now owns 478 shares of the company’s stock valued at $39,000 after acquiring an additional 340 shares during the last quarter. Finally, Kelleher Financial Advisors acquired a new stake in shares of Estee Lauder Companies during the 3rd quarter valued at approximately $39,000. Institutional investors and hedge funds own 55.15% of the company’s stock.
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.
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