Estee Lauder Companies (NYSE:EL) Price Target Raised to $126.00

Estee Lauder Companies (NYSE:EL) had its target price lifted by Barclays from $108.00 to $126.00 in a report issued on Wednesday morning,Benzinga reports. The firm currently has an overweight rating on the stock.

EL has been the topic of several other reports. Wells Fargo & Company upped their price objective on shares of Estee Lauder Companies from $95.00 to $110.00 and gave the stock an “equal weight” rating in a research note on Tuesday. Morgan Stanley lifted their target price on shares of Estee Lauder Companies from $112.00 to $118.00 and gave the company an “equal weight” rating in a research note on Tuesday. Deutsche Bank Aktiengesellschaft boosted their target price on Estee Lauder Companies from $108.00 to $117.00 and gave the stock a “buy” rating in a report on Thursday, August 20th. Argus increased their price target on Estee Lauder Companies from $100.00 to $125.00 and gave the stock a “buy” rating in a research report on Friday, August 28th. Finally, Weiss Ratings raised Estee Lauder Companies from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, October 27th. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Estee Lauder Companies currently has an average rating of “Moderate Buy” and an average target price of $110.31.

Estee Lauder Companies Price Performance

Shares of NYSE EL traded up $2.57 during midday trading on Wednesday, reaching $110.22. 3,854,390 shares of the company traded hands, compared to its average volume of 3,479,318. Estee Lauder Companies has a 12 month low of $66.22 and a 12 month high of $121.64. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.90 and a current ratio of 1.25. The stock’s 50-day simple moving average is $100.73 and its 200-day simple moving average is $91.73. The firm has a market cap of $39.88 billion, a PE ratio of 110.22, a PEG ratio of 1.51 and a beta of 1.23.

Estee Lauder Companies (NYSE:EL) last posted its earnings results on Monday, November 2nd. The company reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.21. The business had revenue of $3.72 billion for the quarter, compared to analyst estimates of $3.65 billion. Estee Lauder Companies had a net margin of 2.41% and a return on equity of 26.99%. The firm’s quarterly revenue was up 6.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.32 EPS. As a group, equities analysts anticipate that Estee Lauder Companies will post 3.43 earnings per share for the current fiscal year.

Estee Lauder Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Monday, November 30th will be paid a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Monday, November 30th. Estee Lauder Companies’s dividend payout ratio is 140.00%.

Insider Activity at Estee Lauder Companies

In related news, Director Paul Fribourg sold 58,000 shares of the firm’s stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $98.17, for a total value of $5,693,860.00. Following the completion of the sale, the director owned 417,300 shares of the company’s stock, valued at $40,966,341. This trade represents a 12.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Rashida La Lande sold 7,766 shares of the business’s stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $103.32, for a total transaction of $802,383.12. Following the completion of the transaction, the vice president owned 14,357 shares of the company’s stock, valued at $1,483,365.24. This trade represents a 35.10% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 79,802 shares of company stock worth $7,933,420. 11.54% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Estee Lauder Companies

Hedge funds and other institutional investors have recently made changes to their positions in the company. Bank of America Corp DE raised its position in shares of Estee Lauder Companies by 950.9% during the first quarter. Bank of America Corp DE now owns 13,843,765 shares of the company’s stock worth $993,567,000 after acquiring an additional 12,526,471 shares during the last quarter. Amundi lifted its stake in shares of Estee Lauder Companies by 33.8% during the first quarter. Amundi now owns 1,909,911 shares of the company’s stock valued at $137,074,000 after acquiring an additional 482,185 shares during the period. Robeco Institutional Asset Management B.V. boosted its holdings in Estee Lauder Companies by 26.9% in the third quarter. Robeco Institutional Asset Management B.V. now owns 1,827,512 shares of the company’s stock valued at $169,538,000 after acquiring an additional 387,596 shares during the last quarter. Ninety One UK Ltd bought a new position in Estee Lauder Companies in the third quarter valued at about $134,551,000. Finally, Dimensional Fund Advisors LP increased its position in Estee Lauder Companies by 44.2% in the first quarter. Dimensional Fund Advisors LP now owns 1,192,531 shares of the company’s stock worth $85,559,000 after purchasing an additional 365,651 shares during the period. 55.15% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Estee Lauder Companies

Here are the key news stories impacting Estee Lauder Companies this week:

• Positive Sentiment: Estée Lauder unveiled its “Mastering Skin Longevity” scientific research platform at an expo in China. The initiative may help differentiate its skincare products and support future innovation, though no near-term revenue contribution was announced. Estée Lauder launches skin longevity research platform at China expo
• Positive Sentiment: The company’s fiscal 2030 roadmap targets stronger sales, higher margins, and double-digit earnings growth, supported by product innovation and operating efficiencies. Progress toward these goals could improve the long-term outlook, but delivery remains uncertain. EL’s Fiscal 2030 Roadmap Targets Stronger Growth & Higher Margins
• Negative Sentiment: Director Barry Sternlicht sold 4,697 shares, reducing his position by about 11.9%. Insider sales can weigh on sentiment, though the transaction alone does not establish a change in the company’s outlook. SEC filing for director share sale

About Estee Lauder Companies

The Estée Lauder Companies Inc is a global prestige beauty company founded in 1946 by Estée and Joseph Lauder. Based in New York City, it develops, markets and sells beauty products under a portfolio of brands, including Estée Lauder, Clinique, M·A·C, La Mer, Aveda and Jo Malone London.

The company’s products span skin care, makeup, fragrance and hair care. It reaches consumers through department stores, specialty retailers, its own stores and websites, and other online and travel-retail channels.

The Estée Lauder Companies serves customers in more than 150 countries and territories.