Estee Lauder Companies (NYSE:EL – Get Free Report) was upgraded by analysts at Sanford C. Bernstein to a “hold” rating in a research report issued on Thursday,Zacks.com reports.
Several other research analysts also recently commented on EL. Piper Sandler began coverage on shares of Estee Lauder Companies in a report on Friday, May 15th. They issued an “overweight” rating and a $95.00 price target for the company. Zacks Research raised shares of Estee Lauder Companies from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 12th. Wall Street Zen lowered shares of Estee Lauder Companies from a “buy” rating to a “hold” rating in a report on Saturday, April 4th. UBS Group increased their price target on shares of Estee Lauder Companies from $75.00 to $85.00 and gave the stock a “neutral” rating in a report on Monday, May 4th. Finally, Citigroup increased their price target on shares of Estee Lauder Companies from $92.00 to $110.00 and gave the stock a “buy” rating in a report on Friday, May 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Estee Lauder Companies currently has an average rating of “Moderate Buy” and a consensus target price of $100.65.
Check Out Our Latest Stock Report on Estee Lauder Companies
Estee Lauder Companies Stock Up 1.8%
Estee Lauder Companies (NYSE:EL – Get Free Report) last announced its quarterly earnings results on Friday, May 1st. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.66 by $0.25. Estee Lauder Companies had a negative net margin of 1.67% and a positive return on equity of 20.66%. The firm had revenue of $3.71 billion during the quarter, compared to the consensus estimate of $3.69 billion. During the same period last year, the firm earned $0.65 EPS. The business’s quarterly revenue was up 4.6% compared to the same quarter last year. Estee Lauder Companies has set its FY 2026 guidance at 2.330-2.430 EPS. Analysts anticipate that Estee Lauder Companies will post 2.41 EPS for the current fiscal year.
Hedge Funds Weigh In On Estee Lauder Companies
A number of institutional investors have recently bought and sold shares of EL. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Estee Lauder Companies by 4.8% in 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 in the last quarter. NewEdge Advisors LLC raised its stake in Estee Lauder Companies by 33.4% in the first quarter. NewEdge Advisors LLC now owns 6,992 shares of the company’s stock worth $462,000 after buying an additional 1,749 shares in the last quarter. Empowered Funds LLC lifted its position in 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 during the period. EverSource Wealth Advisors LLC lifted its position in Estee Lauder Companies by 23.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 997 shares of the company’s stock valued at $81,000 after acquiring an additional 188 shares during the period. Finally, First Trust Advisors LP lifted its position in Estee Lauder Companies by 55.5% during the 2nd quarter. First Trust Advisors LP now owns 13,522 shares of the company’s stock valued at $1,093,000 after acquiring an additional 4,826 shares during the period. 55.15% of the stock is owned by institutional investors.
Estee Lauder Companies Company Profile
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.
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