Estee Lauder Companies (NYSE:EL) Now Covered by Piper Sandler

Investment analysts at Piper Sandler began coverage on shares of Estee Lauder Companies (NYSE:EL) in a research report issued to clients and investors on Friday. The brokerage set an “overweight” rating and a $95.00 price target on the stock. Piper Sandler’s price objective points to a potential upside of 18.70% from the stock’s previous close.

EL has been the subject of a number of other research reports. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Estee Lauder Companies from $124.00 to $108.00 and set a “buy” rating for the company in a research report on Monday, March 30th. TD Cowen dropped their price target on Estee Lauder Companies from $130.00 to $115.00 and set a “hold” rating for the company in a research report on Monday, February 9th. Wells Fargo & Company increased their target price on Estee Lauder Companies from $75.00 to $85.00 and gave the company an “equal weight” rating in a report on Monday, May 4th. Wall Street Zen downgraded shares of Estee Lauder Companies from a “buy” rating to a “hold” rating in a research note on Saturday, April 4th. Finally, Barclays raised their price target on Estee Lauder Companies from $72.00 to $75.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 5th. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $100.68.

Estee Lauder Companies Stock Performance

Shares of EL traded down $0.80 during mid-day trading on Friday, reaching $80.04. 162,333 shares of the company’s stock were exchanged, compared to its average volume of 4,387,555. Estee Lauder Companies has a 52-week low of $62.57 and a 52-week high of $121.64. The stock has a market capitalization of $28.96 billion, a PE ratio of -114.15, a price-to-earnings-growth ratio of 0.85 and a beta of 1.22. The business’s fifty day simple moving average is $79.61 and its 200-day simple moving average is $95.61. The company has a debt-to-equity ratio of 1.71, a current ratio of 1.27 and a quick ratio of 0.94.

Estee Lauder Companies (NYSE:EL) last issued its quarterly earnings results on Friday, May 1st. The company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.25. Estee Lauder Companies had a positive return on equity of 20.66% and a negative net margin of 1.67%.The firm had revenue of $3.71 billion for the quarter, compared to analysts’ expectations of $3.69 billion. During the same quarter in the previous year, the firm posted $0.65 EPS. The firm’s revenue for the quarter was up 4.6% on a year-over-year basis. Estee Lauder Companies has set its FY 2026 guidance at 2.330-2.430 EPS. On average, equities research analysts expect that Estee Lauder Companies will post 2.4 earnings per share for the current year.

Institutional Trading of Estee Lauder Companies

Hedge funds and other institutional investors have recently modified their holdings of the business. Vanguard Group Inc. boosted its stake in shares of Estee Lauder Companies by 3.9% during the 4th quarter. Vanguard Group Inc. now owns 27,952,869 shares of the company’s stock valued at $2,927,224,000 after buying an additional 1,043,746 shares during the last quarter. State Street Corp boosted its stake in Estee Lauder Companies by 4.2% during the 4th quarter. State Street Corp now owns 11,585,782 shares of the company’s stock valued at $1,213,263,000 after acquiring an additional 467,195 shares during the last quarter. Schroder Investment Management Group boosted its stake in Estee Lauder Companies by 185.3% during the 4th quarter. Schroder Investment Management Group now owns 8,140,550 shares of the company’s stock valued at $861,596,000 after acquiring an additional 5,286,875 shares during the last quarter. Independent Franchise Partners LLP grew its holdings in Estee Lauder Companies by 1.1% during the 4th quarter. Independent Franchise Partners LLP now owns 7,837,249 shares of the company’s stock worth $820,717,000 after acquiring an additional 83,857 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its position in shares of Estee Lauder Companies by 22.7% in the 4th quarter. Bank of New York Mellon Corp now owns 7,497,179 shares of the company’s stock worth $785,105,000 after purchasing an additional 1,384,678 shares during the last quarter. 55.15% of the stock is owned by hedge funds and other 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.