Estee Lauder Companies (NYSE:EL) Now Covered by Analysts at TD Cowen

TD Cowen began coverage on shares of Estee Lauder Companies (NYSE:EL) in a research note issued to investors on Friday,Zacks reports. The firm issued a hold rating on the stock.

Other research analysts have also issued research reports about the stock. Telsey Advisory Group raised their price target on shares of Estee Lauder Companies from $90.00 to $108.00 and gave the company a “market perform” rating in a report on Thursday, August 20th. Weiss Ratings raised shares of Estee Lauder Companies from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday. Wall Street Zen downgraded shares of Estee Lauder Companies from a “buy” rating to a “hold” rating in a research note on Saturday, September 26th. Daiwa Securities Group boosted their price objective on shares of Estee Lauder Companies from $83.00 to $99.00 in a research note on Tuesday, August 25th. Finally, Zacks Research lowered shares of Estee Lauder Companies from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 10th. Two research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $106.92.

Estee Lauder Companies Price Performance

EL stock opened at $109.35 on Friday. The company has a market cap of $39.56 billion, a PE ratio of 223.16, a price-to-earnings-growth ratio of 1.58 and a beta of 1.27. 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 stock has a 50-day moving average price of $100.36 and a two-hundred day moving average price of $91.92. Estee Lauder Companies has a 12-month low of $66.22 and a 12-month high of $121.64.

Estee Lauder Companies (NYSE:EL) last released its quarterly earnings data on Wednesday, August 19th. The company reported $0.39 EPS for the quarter, topping analysts’ consensus estimates of $0.32 by $0.07. The company had revenue of $3.64 billion for the quarter, compared to the consensus estimate of $3.55 billion. Estee Lauder Companies had a return on equity of 23.52% and a net margin of 1.21%. The company’s quarterly revenue was up 6.3% compared to the same quarter last year. During the same period last year, the business posted $0.09 EPS. Estee Lauder Companies has set its FY 2027 guidance at 3.100-3.350 EPS. As a group, research analysts predict that Estee Lauder Companies will post 3.32 EPS for the current year.

Estee Lauder Companies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st were given a $0.35 dividend. The ex-dividend date of this dividend was Monday, August 31st. This represents a $1.40 annualized dividend and a dividend yield of 1.3%. Estee Lauder Companies’s dividend payout ratio is presently 285.71%.

Insider Activity

In related news, Director Paul J. Fribourg sold 58,000 shares of the business’s stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $98.17, for a total transaction of $5,693,860.00. Following the transaction, the director directly owned 417,300 shares of the company’s stock, valued at approximately $40,966,341. The trade was a 12.20% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Charlene Barshefsky sold 3,775 shares of the company’s stock in a transaction that occurred on Wednesday, September 9th. The stock was sold at an average price of $98.82, for a total value of $373,045.50. Following the completion of the transaction, the director owned 50,971 shares of the company’s stock, valued at approximately $5,036,954.22. This represents a 6.90% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 75,105 shares of company stock worth $7,423,185. 11.54% of the stock is currently owned by corporate insiders.

Institutional Trading of Estee Lauder Companies

Hedge funds have recently made changes to their positions in the company. Bank of America Corp DE grew its position in shares of Estee Lauder Companies by 950.9% during the first quarter. Bank of America Corp DE now owns 13,843,765 shares of the company’s stock worth $993,567,000 after buying an additional 12,526,471 shares in the last quarter. Ninety One UK Ltd acquired a new stake in Estee Lauder Companies in the third quarter valued at $134,551,000. KBC Group NV raised its holdings in Estee Lauder Companies by 910.3% in the first quarter. KBC Group NV now owns 707,692 shares of the company’s stock valued at $50,792,000 after acquiring an additional 637,641 shares in the last quarter. Amundi raised its holdings in Estee Lauder Companies by 33.8% in the first quarter. Amundi now owns 1,909,911 shares of the company’s stock valued at $137,074,000 after acquiring an additional 482,185 shares in the last quarter. Finally, Assenagon Asset Management S.A. boosted its stake in Estee Lauder Companies by 1,629.2% during the 2nd quarter. Assenagon Asset Management S.A. now owns 412,570 shares of the company’s stock valued at $32,572,000 after acquiring an additional 388,711 shares during the last quarter. Hedge funds and other institutional investors own 55.15% of the company’s stock.

Estee Lauder Companies Company Profile

The Estée Lauder Companies Inc (NYSE: EL) is a global prestige beauty company that develops, markets and sells skincare, makeup, fragrance and hair-care products. Its portfolio includes brands such as Estée Lauder, Clinique, M·A·C, La Mer, Jo Malone London, Aveda, Bobbi Brown Cosmetics, Tom Ford Beauty, Le Labo and The Ordinary.

Founded in 1946 by Estée and Joseph Lauder, the company began with four skincare products and has expanded into a multinational beauty business. Its products are sold through department and specialty stores, beauty retailers, brand-operated stores, e-commerce platforms, salons, spas and other distribution channels.

The Estée Lauder Companies serves consumers in markets across the Americas, Europe, the Middle East and Africa, and Asia-Pacific.