Estee Lauder Companies (NYSE:EL) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Estee Lauder Companies (NYSE:EL) from a hold rating to a buy rating in a research note issued to investors on Saturday,Wall Street Zen reports.

A number of other research analysts also recently issued reports on EL. B. Riley Financial restated a “neutral” rating and issued a $100.00 price target (up from $85.00) on shares of Estee Lauder Companies in a research report on Thursday, August 20th. Zacks Research downgraded shares of Estee Lauder Companies from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 10th. UBS Group increased their price objective on shares of Estee Lauder Companies from $86.00 to $106.00 and gave the stock a “neutral” rating in a research note on Thursday, August 20th. Jefferies Financial Group raised their target price on shares of Estee Lauder Companies from $88.00 to $100.00 and gave the stock a “hold” rating in a report on Thursday, August 20th. Finally, China Intl Cap upgraded Estee Lauder Companies to a “strong-buy” rating in a research note on Sunday, August 30th. Two analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $104.67.

Estee Lauder Companies Price Performance

Shares of NYSE EL opened at $98.20 on Friday. Estee Lauder Companies has a twelve month low of $66.22 and a twelve month high of $121.64. The company has a current ratio of 1.22, a quick ratio of 0.90 and a debt-to-equity ratio of 1.79. The company has a market capitalization of $35.53 billion, a price-to-earnings ratio of 200.40, a price-to-earnings-growth ratio of 1.13 and a beta of 1.28. The business has a 50 day simple moving average of $90.60 and a 200-day simple moving average of $85.63.

Estee Lauder Companies (NYSE:EL) last announced its quarterly earnings data on Wednesday, August 19th. The company reported $0.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.32 by $0.07. The firm had revenue of $3.64 billion for the quarter, compared to analysts’ expectations of $3.55 billion. Estee Lauder Companies had a return on equity of 23.52% and a net margin of 1.21%.The firm’s revenue for the quarter was up 6.3% on a year-over-year basis. During the same period last year, the business posted $0.09 earnings per share. Estee Lauder Companies has set its FY 2027 guidance at 3.100-3.350 EPS. As a group, equities research analysts expect that Estee Lauder Companies will post 3.3 earnings per share for the current year.

Estee Lauder Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be issued a $0.35 dividend. The ex-dividend date is Monday, August 31st. This represents a $1.40 annualized dividend and a dividend yield of 1.4%. Estee Lauder Companies’s dividend payout ratio (DPR) is 285.71%.

Insider Buying and Selling

In other Estee Lauder Companies news, Director Charlene Barshefsky sold 3,775 shares of the stock in a transaction on Wednesday, September 9th. The stock was sold at an average price of $98.82, for a total transaction of $373,045.50. Following the completion of the transaction, the director directly owned 50,971 shares of the company’s stock, valued at approximately $5,036,954.22. This trade represents a 6.90% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Rashida La Lande sold 7,766 shares of the business’s stock in a transaction on Friday, August 28th. The stock was sold at an average price of $103.32, for a total value of $802,383.12. Following the completion of the sale, the vice president directly owned 14,357 shares in the company, valued at $1,483,365.24. This represents a 35.10% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 17,105 shares of company stock worth $1,729,325 in the last quarter. Company insiders own 13.05% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. REAP Financial Group LLC acquired a new stake in Estee Lauder Companies during the 4th quarter worth about $27,000. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna acquired a new position in shares of Estee Lauder Companies in the 4th quarter valued at about $27,000. Trust Co. of Vermont acquired a new position in shares of Estee Lauder Companies in the 2nd quarter valued at about $28,000. Kozak & Associates Inc. purchased a new stake in shares of Estee Lauder Companies in the second quarter worth approximately $30,000. Finally, IFP Advisors Inc lifted its position in shares of Estee Lauder Companies by 35.2% in the second quarter. IFP Advisors Inc now owns 415 shares of the company’s stock worth $33,000 after purchasing an additional 108 shares in the last quarter. 55.15% of the stock is owned by institutional investors and hedge funds.

About Estee Lauder Companies

The Estée Lauder Companies Inc is a global beauty company that develops, manufactures and markets prestige skincare, makeup, fragrance and hair-care products. Its portfolio includes Estée Lauder, Clinique, M·A·C, Bobbi Brown Cosmetics, La Mer, Jo Malone London, Aveda, Tom Ford Beauty and The Ordinary, among other brands.

Founded in 1946 by Estée and Joseph Lauder, the company began with four skincare products and has expanded into a broad international beauty business. Its products are sold through department and specialty stores, freestanding stores, e-commerce platforms, travel retail locations and other distribution channels.

Estée Lauder Companies serves consumers in markets around the world, including North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa.