Analysts’ Recent Ratings Changes for Estée Lauder Companies (EL)

A number of firms have modified their ratings and price targets on shares of Estée Lauder Companies (NYSE: EL) recently:

• 8/23/2024 – Estée Lauder Companies was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 8/22/2024 – Estée Lauder Companies was upgraded by analysts at Piper Sandler from a “neutral” rating to an “overweight” rating. They now have a $114.00 price target on the stock, up previously from $95.00.
• 8/20/2024 – Estée Lauder Companies had its price target lowered by analysts at JPMorgan Chase & Co. from $129.00 to $105.00. They now have an “overweight” rating on the stock.
• 8/20/2024 – Estée Lauder Companies had its price target lowered by analysts at Wells Fargo & Company from $130.00 to $117.00. They now have an “overweight” rating on the stock.
• 8/20/2024 – Estée Lauder Companies had its “outperform” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $131.00 price target on the stock.
• 8/20/2024 – Estée Lauder Companies had its price target lowered by analysts at Evercore ISI from $180.00 to $130.00. They now have an “outperform” rating on the stock.
• 8/20/2024 – Estée Lauder Companies had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $115.00 to $100.00. They now have a “neutral” rating on the stock.
• 8/20/2024 – Estée Lauder Companies had its price target lowered by analysts at UBS Group AG from $115.00 to $104.00. They now have a “neutral” rating on the stock.
• 8/20/2024 – Estée Lauder Companies had its “hold” rating reaffirmed by analysts at Canaccord Genuity Group Inc.. They now have a $100.00 price target on the stock.
• 8/20/2024 – Estée Lauder Companies had its price target lowered by analysts at Deutsche Bank Aktiengesellschaft from $108.00 to $105.00. They now have a “hold” rating on the stock.
• 8/20/2024 – Estée Lauder Companies had its price target lowered by analysts at Morgan Stanley from $140.00 to $100.00. They now have an “equal weight” rating on the stock.
• 8/20/2024 – Estée Lauder Companies had its price target lowered by analysts at Citigroup Inc. from $110.00 to $105.00. They now have a “buy” rating on the stock.
• 8/20/2024 – Estée Lauder Companies had its price target lowered by analysts at DA Davidson from $191.00 to $130.00. They now have a “buy” rating on the stock.
• 8/20/2024 – Estée Lauder Companies had its price target lowered by analysts at Stifel Nicolaus from $165.00 to $125.00. They now have a “buy” rating on the stock.
• 8/19/2024 – Estée Lauder Companies had its “market perform” rating reaffirmed by analysts at Telsey Advisory Group. They now have a $115.00 price target on the stock.
• 8/16/2024 – Estée Lauder Companies was downgraded by analysts at Bank of America Co. from a “buy” rating to a “neutral” rating. They now have a $100.00 price target on the stock, down previously from $140.00.
• 8/13/2024 – Estée Lauder Companies had its “market perform” rating reaffirmed by analysts at Telsey Advisory Group. They now have a $115.00 price target on the stock.
• 8/9/2024 – Estée Lauder Companies had its price target lowered by analysts at Deutsche Bank Aktiengesellschaft from $132.00 to $108.00. They now have a “hold” rating on the stock.
• 7/24/2024 – Estée Lauder Companies was upgraded by analysts at Royal Bank of Canada from a “sector perform” rating to an “outperform” rating. They now have a $131.00 price target on the stock.
• 7/24/2024 – Estée Lauder Companies had its “market perform” rating reaffirmed by analysts at Telsey Advisory Group. They now have a $115.00 price target on the stock.
• 7/24/2024 – Estée Lauder Companies had its “buy” rating reaffirmed by analysts at DA Davidson. They now have a $191.00 price target on the stock.
• 7/22/2024 – Estée Lauder Companies was downgraded by analysts at Raymond James from a “strong-buy” rating to a “market perform” rating.
• 7/19/2024 – Estée Lauder Companies had its price target lowered by analysts at Barclays PLC from $136.00 to $117.00. They now have an “equal weight” rating on the stock.
• 7/17/2024 – Estée Lauder Companies had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $130.00 to $115.00. They now have a “neutral” rating on the stock.
• 7/15/2024 – Estée Lauder Companies had its “buy” rating reaffirmed by analysts at DA Davidson. They now have a $191.00 price target on the stock.
• 7/12/2024 – Estée Lauder Companies had its price target lowered by analysts at JPMorgan Chase & Co. from $145.00 to $129.00. They now have an “overweight” rating on the stock.
• 7/12/2024 – Estée Lauder Companies had its price target lowered by analysts at Telsey Advisory Group from $142.00 to $115.00. They now have a “market perform” rating on the stock.
• 7/12/2024 – Estée Lauder Companies was upgraded by analysts at UBS Group AG to a “hold” rating.
• 7/11/2024 – Estée Lauder Companies had its price target lowered by analysts at Piper Sandler from $141.00 to $108.00. They now have a “neutral” rating on the stock.
• 7/10/2024 – Estée Lauder Companies had its price target lowered by analysts at Wells Fargo & Company from $163.00 to $130.00. They now have an “overweight” rating on the stock.
• 7/10/2024 – Estée Lauder Companies had its price target lowered by analysts at Citigroup Inc. from $175.00 to $135.00. They now have a “buy” rating on the stock.
• 7/10/2024 – Estée Lauder Companies had its price target lowered by analysts at Bank of America Co. from $170.00 to $140.00. They now have a “buy” rating on the stock.

Estée Lauder Companies Trading Up 2.5 %

Shares of EL opened at $93.70 on Monday. The Estée Lauder Companies Inc. has a 1 year low of $86.05 and a 1 year high of $165.76. The company has a current ratio of 1.58, a quick ratio of 1.15 and a debt-to-equity ratio of 1.26. The stock has a 50 day simple moving average of $100.83 and a 200-day simple moving average of $125.84. The stock has a market cap of $33.60 billion, a PE ratio of 52.64, a PEG ratio of 1.79 and a beta of 0.99.

Estée Lauder Companies (NYSE:EL) last announced its quarterly earnings data on Monday, August 19th. The company reported $0.64 EPS for the quarter, beating analysts’ consensus estimates of $0.25 by $0.39. Estée Lauder Companies had a return on equity of 13.08% and a net margin of 4.18%. The firm had revenue of $3.87 billion for the quarter, compared to analyst estimates of $3.80 billion. During the same period last year, the company earned $0.07 EPS. The business’s quarterly revenue was up 7.3% compared to the same quarter last year. On average, sell-side analysts predict that The Estée Lauder Companies Inc. will post 2.21 EPS for the current fiscal year.

Estée Lauder Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 16th. Investors of record on Friday, August 30th will be issued a dividend of $0.66 per share. This represents a $2.64 dividend on an annualized basis and a yield of 2.82%. The ex-dividend date is Friday, August 30th. Estée Lauder Companies’s payout ratio is currently 148.31%.

Insider Transactions at Estée Lauder Companies

In other news, EVP Jane Lauder sold 14,976 shares of the company’s stock in a transaction on Thursday, May 30th. The shares were sold at an average price of $121.26, for a total transaction of $1,815,989.76. Following the completion of the transaction, the executive vice president now directly owns 57,389 shares in the company, valued at $6,958,990.14. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 12.77% of the company’s stock.

Hedge Funds Weigh In On Estée Lauder Companies

A number of institutional investors and hedge funds have recently made changes to their positions in EL. Riverview Trust Co purchased a new stake in Estée Lauder Companies in the 1st quarter valued at about $26,000. Hexagon Capital Partners LLC increased its stake in shares of Estée Lauder Companies by 103.1% during the 1st quarter. Hexagon Capital Partners LLC now owns 195 shares of the company’s stock worth $30,000 after purchasing an additional 99 shares during the last quarter. Crewe Advisors LLC bought a new position in Estée Lauder Companies in the 1st quarter worth approximately $35,000. Chilton Capital Management LLC boosted its holdings in Estée Lauder Companies by 163.0% in the 1st quarter. Chilton Capital Management LLC now owns 263 shares of the company’s stock worth $41,000 after buying an additional 163 shares during the period. Finally, Larson Financial Group LLC boosted its holdings in Estée Lauder Companies by 3,262.5% in the 1st quarter. Larson Financial Group LLC now owns 269 shares of the company’s stock worth $41,000 after buying an additional 261 shares during the period. Institutional investors own 55.15% of the company’s stock.

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, nail polishes, and powders, as well as compacts, brushes, and other makeup tools.