Estee Lauder Companies (NYSE:EL) Price Target Raised to $86.00

Estee Lauder Companies (NYSE:EL) had its price target increased by UBS Group from $85.00 to $86.00 in a report published on Thursday,Benzinga reports. UBS Group currently has a neutral rating on the stock.

EL has been the topic of a number of other reports. Zacks Research cut Estee Lauder Companies from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 10th. Piper Sandler assumed coverage on shares of Estee Lauder Companies in a research note on Friday, May 15th. They issued an “overweight” rating and a $95.00 target price for the company. JPMorgan Chase & Co. boosted their price target on shares of Estee Lauder Companies from $98.00 to $99.00 and gave the company an “overweight” rating in a research report on Monday, May 4th. Citigroup upped their price target on shares of Estee Lauder Companies from $92.00 to $110.00 and gave the company a “buy” rating in a research note on Friday, May 22nd. Finally, Barclays raised their price objective on shares of Estee Lauder Companies from $72.00 to $75.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $99.16.

Estee Lauder Companies Stock Performance

NYSE:EL opened at $82.32 on Thursday. The company has a market capitalization of $29.78 billion, a P/E ratio of -117.60, a P/E/G ratio of 0.64 and a beta of 1.27. The business has a fifty day simple moving average of $83.75 and a two-hundred day simple moving average of $91.20. The company has a debt-to-equity ratio of 1.71, a current ratio of 1.27 and a quick ratio of 0.94. Estee Lauder Companies has a 1 year low of $66.22 and a 1 year high of $121.64.

Estee Lauder Companies (NYSE:EL) last issued its quarterly earnings results on Friday, May 1st. The company reported $0.91 EPS for the quarter, beating analysts’ consensus estimates of $0.66 by $0.25. The firm had revenue of $3.71 billion for the quarter, compared to analysts’ expectations of $3.69 billion. Estee Lauder Companies had a positive return on equity of 20.66% and a negative net margin of 1.67%.The business’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.65 EPS. Estee Lauder Companies has set its FY 2026 guidance at 2.330-2.430 EPS. On average, analysts expect that Estee Lauder Companies will post 2.41 earnings per share for the current year.

Estee Lauder Companies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, May 29th were paid a $0.35 dividend. The ex-dividend date was Friday, May 29th. This represents a $1.40 annualized dividend and a yield of 1.7%. Estee Lauder Companies’s dividend payout ratio (DPR) is currently -200.00%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. REAP Financial Group LLC purchased a new stake in shares of Estee Lauder Companies in the fourth quarter worth about $27,000. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna purchased a new position in Estee Lauder Companies during the fourth quarter valued at approximately $27,000. Flagship Harbor Advisors LLC purchased a new position in Estee Lauder Companies during the fourth quarter valued at approximately $32,000. N.E.W. Advisory Services LLC increased its holdings in Estee Lauder Companies by 39.1% during the 4th quarter. N.E.W. Advisory Services LLC now owns 324 shares of the company’s stock worth $34,000 after acquiring an additional 91 shares during the period. Finally, DV Equities LLC bought a new stake in Estee Lauder Companies during the 4th quarter worth approximately $36,000. Hedge funds and other institutional investors 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.