Estee Lauder Companies (NYSE:EL) Price Target Raised to $111.00

Estee Lauder Companies (NYSE:EL) had its price target increased by Wells Fargo & Company from $95.00 to $111.00 in a report released on Monday,Benzinga reports. They currently have an equal weight rating on the stock.

A number of other equities research analysts have also weighed in on the stock. The Goldman Sachs Group raised shares of Estee Lauder Companies from a “neutral” rating to a “buy” rating and raised their price target for the company from $76.00 to $115.00 in a report on Monday, October 13th. Wall Street Zen downgraded Estee Lauder Companies from a “buy” rating to a “hold” rating in a research note on Saturday, November 22nd. Argus raised Estee Lauder Companies from a “hold” rating to a “buy” rating and set a $105.00 target price on the stock in a research report on Tuesday, November 11th. JPMorgan Chase & Co. increased their price target on Estee Lauder Companies from $114.00 to $116.00 and gave the company an “overweight” rating in a report on Friday, October 31st. Finally, Royal Bank Of Canada raised their price objective on Estee Lauder Companies from $107.00 to $113.00 and gave the company an “outperform” rating in a research note on Friday, October 31st. Three research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $98.19.

Estee Lauder Companies Stock Performance

Shares of NYSE:EL opened at $105.30 on Monday. The company has a market cap of $37.95 billion, a P/E ratio of -40.81, a PEG ratio of 1.28 and a beta of 1.15. The company has a debt-to-equity ratio of 1.88, a quick ratio of 0.92 and a current ratio of 1.32. Estee Lauder Companies has a one year low of $48.37 and a one year high of $111.13. The business’s 50-day simple moving average is $98.93 and its 200 day simple moving average is $93.01.

Estee Lauder Companies (NYSE:EL) last released its quarterly earnings results on Thursday, October 30th. The company reported $0.32 earnings per share 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 analysts’ expectations of $3.38 billion. Estee Lauder Companies had a positive return on equity of 14.92% and a negative net margin of 6.44%.Estee Lauder Companies’s quarterly revenue was up 3.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.14 EPS. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. On average, sell-side analysts forecast that Estee Lauder Companies will post 1.36 earnings per share for the current fiscal year.

Estee Lauder Companies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Friday, November 28th were issued a dividend of $0.35 per share. The ex-dividend date of this dividend was Friday, November 28th. This represents a $1.40 annualized dividend and a dividend yield of 1.3%. Estee Lauder Companies’s dividend payout ratio is -54.26%.

Insider Buying and Selling

In related news, Director Barry S. Sternlicht sold 3,972 shares of the firm’s stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $91.83, for a total value of $364,748.76. Following the sale, the director owned 34,812 shares of the company’s stock, valued at approximately $3,196,785.96. This trade represents a 10.24% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Meridith Webster sold 5,430 shares of the business’s stock in a transaction that occurred on Tuesday, November 18th. The shares were sold at an average price of $87.84, for a total value of $476,971.20. The SEC filing for this sale provides additional information. 13.05% of the stock is currently owned by corporate insiders.

Institutional Trading of Estee Lauder Companies

Large investors have recently modified their holdings of the company. Asset Dedication LLC boosted its stake in 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 during the period. Quent Capital LLC acquired a new position in shares of Estee Lauder Companies during the third quarter worth approximately $33,000. Hantz Financial Services Inc. grew 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 worth $33,000 after buying an additional 166 shares in the last quarter. TD Private Client Wealth LLC increased its position in 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 period. Finally, Kelleher Financial Advisors bought a new stake in Estee Lauder Companies during the 3rd quarter valued at $39,000. Institutional investors and hedge funds own 55.15% of the company’s stock.

About Estee Lauder Companies

Estée Lauder Companies Inc (NYSE: EL) is a global leader in prestige beauty that develops, manufactures and markets a broad portfolio of skincare, makeup, fragrance and hair care products. Founded in 1946 by Estée Lauder, the company has grown from a small family business into a multinational consumer-products enterprise headquartered in New York City. Its activities span product research and development, brand and product marketing, manufacturing and global distribution across multiple retail channels.

The company’s portfolio includes a mix of legacy and prestige brands that target different consumer segments and price points, with well-known names such as Estée Lauder, Clinique, MAC, La Mer and Jo Malone among others.