Estee Lauder Companies (NYSE:EL) Posts Quarterly Earnings Results, Beats Expectations By $0.02 EPS

Estee Lauder Companies (NYSE:EL) issued its quarterly earnings results on Wednesday. The company reported $0.09 EPS for the quarter, topping the consensus estimate of $0.07 by $0.02, Zacks reports. Estee Lauder Companies had a positive return on equity of 15.60% and a negative net margin of 5.89%.The firm had revenue of $3.41 billion during the quarter, compared to analysts’ expectations of $3.36 billion. During the same period in the previous year, the business earned $0.64 earnings per share. The firm’s revenue for the quarter was down 11.9% on a year-over-year basis. Estee Lauder Companies updated its FY 2026 guidance to 1.900-2.100 EPS.

Estee Lauder Companies Stock Down 3.7%

Shares of NYSE:EL opened at $86.5380 on Thursday. The company has a quick ratio of 1.02, a current ratio of 1.41 and a debt-to-equity ratio of 1.68. The business has a fifty day moving average of $85.96 and a two-hundred day moving average of $72.07. The stock has a market cap of $31.13 billion, a P/E ratio of -35.76, a PEG ratio of 6.62 and a beta of 1.18. Estee Lauder Companies has a 52-week low of $48.37 and a 52-week high of $103.44.

Hedge Funds Weigh In On Estee Lauder Companies

A number of hedge funds have recently modified their holdings of EL. EverSource Wealth Advisors LLC grew its holdings in shares of Estee Lauder Companies by 23.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 997 shares of the company’s stock worth $81,000 after purchasing an additional 188 shares during the period. Snowden Capital Advisors LLC purchased a new position in shares of Estee Lauder Companies during the 2nd quarter worth $217,000. Orion Porfolio Solutions LLC grew its holdings in shares of Estee Lauder Companies by 12.6% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 3,750 shares of the company’s stock worth $303,000 after purchasing an additional 421 shares during the period. Empowered Funds LLC grew 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 worth $305,000 after purchasing an additional 898 shares during the period. Finally, WINTON GROUP Ltd purchased a new position in shares of Estee Lauder Companies during the 2nd quarter worth $447,000. 55.15% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

EL has been the subject of several research reports. Evercore ISI boosted their price target on Estee Lauder Companies from $90.00 to $100.00 and gave the stock an “outperform” rating in a research report on Thursday, June 26th. Piper Sandler reiterated an “overweight” rating and set a $75.00 price target (down from $92.00) on shares of Estee Lauder Companies in a research report on Friday, May 2nd. Deutsche Bank Aktiengesellschaft boosted their price target on Estee Lauder Companies from $95.00 to $98.00 and gave the stock a “buy” rating in a research report on Thursday, August 14th. Wall Street Zen upgraded Estee Lauder Companies from a “sell” rating to a “hold” rating in a research report on Friday, June 27th. Finally, Citigroup boosted their price target on Estee Lauder Companies from $60.00 to $99.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 15th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and twelve have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $86.95.

About Estee Lauder Companies

The Estée Lauder Companies Inc manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. It offers skin care products, including moisturizers, serums, cleansers, toners, body care, exfoliators, acne care and oil correctors, facial masks, and sun care products; and makeup products, such as lipsticks, lip glosses, mascaras, foundations, eyeshadows, and powders, as well as compacts, brushes, and other makeup tools.