Estee Lauder Companies (NYSE:EL) Price Target Lowered to $98.00 at JPMorgan Chase & Co.

Estee Lauder Companies (NYSE:EL) had its price target cut by JPMorgan Chase & Co. from $121.00 to $98.00 in a research note published on Friday,Benzinga reports. They currently have an overweight rating on the stock.

Several other research analysts also recently commented on EL. Deutsche Bank Aktiengesellschaft reduced their target price on Estee Lauder Companies from $124.00 to $108.00 and set a “buy” rating for the company in a research note on Monday, March 30th. Zacks Research downgraded Estee Lauder Companies from a “strong-buy” rating to a “hold” rating in a report on Monday, February 9th. Citigroup reduced their price objective on shares of Estee Lauder Companies from $120.00 to $92.00 and set a “buy” rating for the company in a research report on Wednesday. Wells Fargo & Company decreased their price objective on shares of Estee Lauder Companies from $90.00 to $75.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 8th. Finally, Raymond James Financial raised shares of Estee Lauder Companies from a “market perform” rating to a “strong-buy” rating and set a $130.00 price objective on the stock in a research report on Monday, January 5th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $97.95.

Estee Lauder Companies Trading Up 1.1%

Shares of NYSE:EL opened at $76.17 on Friday. Estee Lauder Companies has a 52-week low of $52.51 and a 52-week high of $121.64. The company has a debt-to-equity ratio of 1.82, a quick ratio of 1.00 and a current ratio of 1.36. The company has a market capitalization of $27.55 billion, a P/E ratio of -152.34, a price-to-earnings-growth ratio of 0.86 and a beta of 1.26. The company has a 50-day simple moving average of $89.15 and a 200 day simple moving average of $97.26.

Estee Lauder Companies (NYSE:EL) last announced its quarterly earnings results on Thursday, February 5th. The company reported $0.89 earnings per share for the quarter, topping analysts’ consensus estimates of $0.84 by $0.05. The firm had revenue of $4.23 billion for the quarter, compared to the consensus estimate of $4.22 billion. Estee Lauder Companies had a positive return on equity of 17.59% and a negative net margin of 1.21%.The business’s revenue was up 5.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.62 earnings per share. Estee Lauder Companies has set its FY 2026 guidance at 2.030-2.230 EPS. Sell-side analysts forecast that Estee Lauder Companies will post 1.36 earnings per share for the current year.

Estee Lauder Companies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Friday, February 27th were issued a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend was Friday, February 27th. Estee Lauder Companies’s dividend payout ratio (DPR) is presently -280.00%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. REAP Financial Group LLC bought a new position in Estee Lauder Companies during the 4th quarter worth $27,000. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna acquired a new stake in shares of Estee Lauder Companies during the fourth quarter worth $27,000. Flagship Harbor Advisors LLC bought a new stake in shares of Estee Lauder Companies in the fourth quarter valued at about $32,000. Quent Capital LLC acquired a new position in shares of Estee Lauder Companies in the third quarter valued at about $33,000. Finally, Hantz Financial Services Inc. grew its stake in shares of Estee Lauder Companies by 80.6% in the third quarter. Hantz Financial Services Inc. now owns 372 shares of the company’s stock valued at $33,000 after acquiring an additional 166 shares in the last quarter. 55.15% of the stock is owned by institutional investors and hedge funds.

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.