Estee Lauder Companies (NYSE:EL) Given New $94.00 Price Target at JPMorgan Chase & Co.

Estee Lauder Companies (NYSE:EL) had its price objective lowered by investment analysts at JPMorgan Chase & Co. from $99.00 to $94.00 in a report released on Thursday,Benzinga reports. The brokerage presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target price indicates a potential upside of 13.88% from the company’s current price.

EL has been the subject of several other research reports. UBS Group boosted their target price on shares of Estee Lauder Companies from $85.00 to $86.00 and gave the company a “neutral” rating in a research note on Thursday. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Estee Lauder Companies from $124.00 to $108.00 and set a “buy” rating for the company in a report on Monday, March 30th. Citigroup upped their price objective 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. Telsey Advisory Group lowered their target price on shares of Estee Lauder Companies from $105.00 to $90.00 and set a “market perform” rating for the company in a research note on Monday, May 4th. Finally, The Goldman Sachs Group began coverage on Estee Lauder Companies in a research note on Monday, June 22nd. They set a “buy” rating and a $100.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $99.16.

Estee Lauder Companies Price Performance

Shares of EL traded up $0.23 during mid-day trading on Thursday, reaching $82.54. 1,097,113 shares of the company’s stock were exchanged, compared to its average volume of 4,150,178. The company has a quick ratio of 0.94, a current ratio of 1.27 and a debt-to-equity ratio of 1.71. Estee Lauder Companies has a 52-week low of $66.22 and a 52-week high of $121.64. The company has a market cap of $29.86 billion, a price-to-earnings ratio of -118.19, a PEG ratio of 0.63 and a beta of 1.27. The company has a 50-day simple moving average of $83.87 and a two-hundred day simple moving average of $91.44.

Estee Lauder Companies (NYSE:EL) last posted its earnings results on Friday, May 1st. The company reported $0.91 earnings per share (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 analyst estimates of $3.69 billion. Estee Lauder Companies had a positive return on equity of 20.66% and a negative net margin of 1.67%.Estee Lauder Companies’s revenue was up 4.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.65 EPS. Estee Lauder Companies has set its FY 2026 guidance at 2.330-2.430 EPS. On average, sell-side analysts predict that Estee Lauder Companies will post 2.41 EPS for the current fiscal year.

Institutional Trading of Estee Lauder Companies

A number of institutional investors have recently modified their holdings of EL. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Estee Lauder Companies by 4.8% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,898 shares of the company’s stock worth $1,709,000 after buying an additional 1,177 shares during the period. NewEdge Advisors LLC raised its stake in shares of Estee Lauder Companies by 33.4% in the 1st quarter. NewEdge Advisors LLC now owns 6,992 shares of the company’s stock valued at $462,000 after acquiring an additional 1,749 shares during the period. Empowered Funds LLC lifted its holdings in shares of Estee Lauder Companies by 24.1% during the 1st quarter. Empowered Funds LLC now owns 4,619 shares of the company’s stock valued at $305,000 after acquiring an additional 898 shares in the last quarter. EverSource Wealth Advisors LLC boosted its position in shares of Estee Lauder Companies by 23.2% in the second quarter. EverSource Wealth Advisors LLC now owns 997 shares of the company’s stock worth $81,000 after buying an additional 188 shares during the period. Finally, First Trust Advisors LP boosted its position in shares of Estee Lauder Companies by 55.5% in the second quarter. First Trust Advisors LP now owns 13,522 shares of the company’s stock worth $1,093,000 after buying an additional 4,826 shares during the period. 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.