Estee Lauder Companies (NYSE:EL) Upgraded at China Intl Cap

China Intl Cap upgraded shares of Estee Lauder Companies (NYSE:EL) to a strong-buy rating in a report issued on Sunday,Zacks reports.

Several other analysts also recently weighed in on EL. Barclays boosted their price target on Estee Lauder Companies from $80.00 to $97.00 and gave the company an “equal weight” rating in a research note on Friday, August 21st. JPMorgan Chase & Co. raised their price objective on Estee Lauder Companies from $94.00 to $112.00 and gave the stock an “overweight” rating in a research note on Thursday, August 20th. Morgan Stanley lifted their target price on Estee Lauder Companies from $90.00 to $102.00 and gave the stock an “equal weight” rating in a report on Thursday, August 20th. Telsey Advisory Group upped their target price on Estee Lauder Companies from $90.00 to $108.00 and gave the company a “market perform” rating in a research report on Thursday, August 20th. Finally, B. Riley Financial reiterated a “neutral” rating and issued a $100.00 price target (up from $85.00) on shares of Estee Lauder Companies in a report on Thursday, August 20th. Two analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $104.67.

Estee Lauder Companies Trading Down 2.4%

NYSE:EL opened at $99.88 on Friday. Estee Lauder Companies has a 12 month low of $66.22 and a 12 month high of $121.64. The firm has a fifty day simple moving average of $87.34 and a 200-day simple moving average of $86.33. 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 $36.14 billion, a P/E ratio of 203.84, a PEG ratio of 1.19 and a beta of 1.25.

Estee Lauder Companies (NYSE:EL) last announced its quarterly earnings data on Wednesday, August 19th. The company reported $0.39 earnings per share for the quarter, beating analysts’ consensus estimates of $0.32 by $0.07. Estee Lauder Companies had a net margin of 1.21% and a return on equity of 23.52%. The firm had revenue of $3.64 billion for the quarter, compared to analyst estimates of $3.55 billion. During the same period in the previous year, the company earned $0.09 earnings per share. The business’s quarterly revenue was up 6.3% compared to the same quarter last year. Estee Lauder Companies has set its FY 2027 guidance at 3.100-3.350 EPS. On average, equities research analysts anticipate 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. Shareholders of record on Monday, August 31st will be paid a dividend of $0.35 per share. The ex-dividend date is Monday, August 31st. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.4%. Estee Lauder Companies’s dividend payout ratio (DPR) is presently 285.71%.

Insider Activity

In other news, VP Lande Rashida La sold 7,766 shares of the company’s stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $103.32, for a total value of $802,383.12. Following the sale, the vice president owned 14,357 shares in the company, valued at $1,483,365.24. This represents a 35.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 13.05% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of EL. REAP Financial Group LLC purchased a new stake in Estee Lauder Companies in the 4th quarter worth approximately $27,000. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna acquired a new stake in shares of Estee Lauder Companies during the 4th quarter worth approximately $27,000. DV Equities LLC purchased a new position in shares of Estee Lauder Companies during the 4th quarter valued at approximately $36,000. Trust Co. of Vermont purchased a new position in shares of Estee Lauder Companies during the 2nd quarter valued at approximately $28,000. Finally, Kozak & Associates Inc. acquired a new position in shares of Estee Lauder Companies in the 2nd quarter valued at $30,000. 55.15% of the stock is currently owned by hedge funds and other institutional investors.

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.