Estee Lauder Companies (NYSE:EL) Stock Price Expected to Rise, TD Cowen Analyst Says

Estee Lauder Companies (NYSE:EL) had its target price increased by research analysts at TD Cowen from $115.00 to $130.00 in a note issued to investors on Wednesday,Benzinga reports. The firm currently has a “hold” rating on the stock. TD Cowen’s price objective points to a potential upside of 11.24% from the stock’s previous close.

Several other brokerages have also recently weighed in on EL. Citigroup boosted their price objective on shares of Estee Lauder Companies from $110.00 to $120.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 14th. The Goldman Sachs Group upgraded shares of Estee Lauder Companies from a “neutral” rating to a “buy” rating and boosted their target price for the company from $76.00 to $115.00 in a report on Monday, October 13th. Canaccord Genuity Group lifted their price objective on Estee Lauder Companies from $85.00 to $100.00 and gave the stock a “hold” rating in a research report on Monday, October 27th. Raymond James Financial upgraded Estee Lauder Companies from a “market perform” rating to a “strong-buy” rating and set a $130.00 target price on the stock in a research report on Monday, January 5th. Finally, Evercore ISI raised their target price on Estee Lauder Companies from $115.00 to $125.00 and gave the stock an “outperform” rating in a research note on Tuesday, December 16th. Three equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, Estee Lauder Companies currently has a consensus rating of “Hold” and a consensus target price of $101.78.

Estee Lauder Companies Price Performance

Shares of NYSE EL traded up $2.40 during trading hours on Wednesday, hitting $116.86. 1,281,759 shares of the stock were exchanged, compared to its average volume of 3,429,406. Estee Lauder Companies has a 1-year low of $48.37 and a 1-year high of $119.43. The company’s fifty day simple moving average is $102.96 and its two-hundred day simple moving average is $95.11. The company has a debt-to-equity ratio of 1.88, a quick ratio of 0.92 and a current ratio of 1.32. The company has a market cap of $42.11 billion, a PE ratio of -45.29, a price-to-earnings-growth ratio of 1.36 and a beta of 1.15.

Estee Lauder Companies (NYSE:EL) last issued its earnings results on Thursday, October 30th. The company reported $0.32 earnings per share for the quarter, beating analysts’ consensus estimates of $0.15 by $0.17. Estee Lauder Companies had a negative net margin of 6.44% and a positive return on equity of 14.92%. The firm had revenue of $3.48 billion for the quarter, compared to analyst estimates of $3.38 billion. During the same quarter last year, the business posted $0.14 earnings per share. The company’s quarterly revenue was up 3.6% on a year-over-year basis. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. On average, sell-side analysts predict that Estee Lauder Companies will post 1.36 EPS for the current year.

Insiders Place Their Bets

In other Estee Lauder Companies news, VP Meridith Webster sold 5,430 shares of Estee Lauder Companies stock in a transaction dated Tuesday, November 18th. The shares were sold at an average price of $87.84, for a total transaction of $476,971.20. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Barry S. Sternlicht sold 3,972 shares of the company’s stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $91.83, for a total value of $364,748.76. Following the completion of the transaction, the director owned 34,812 shares in the company, valued at $3,196,785.96. This represents a 10.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 13.05% of the company’s stock.

Hedge Funds Weigh In On Estee Lauder Companies

Several hedge funds have recently bought and sold shares of the company. Norges Bank acquired a new position in Estee Lauder Companies in the 2nd quarter valued at about $189,663,000. Victory Capital Management Inc. grew its holdings in shares of Estee Lauder Companies by 3,181.4% in the third quarter. Victory Capital Management Inc. now owns 2,312,535 shares of the company’s stock valued at $203,781,000 after purchasing an additional 2,242,062 shares in the last quarter. Wellington Management Group LLP grew its holdings in shares of Estee Lauder Companies by 3,986.4% in the third quarter. Wellington Management Group LLP now owns 2,082,217 shares of the company’s stock valued at $183,485,000 after purchasing an additional 2,031,262 shares in the last quarter. Bank of New York Mellon Corp increased its stake in Estee Lauder Companies by 46.4% during the 3rd quarter. Bank of New York Mellon Corp now owns 6,112,501 shares of the company’s stock worth $538,634,000 after buying an additional 1,937,107 shares during the period. Finally, Schroder Investment Management Group lifted its holdings in Estee Lauder Companies by 593.3% during the 2nd quarter. Schroder Investment Management Group now owns 2,211,624 shares of the company’s stock worth $178,699,000 after buying an additional 1,892,629 shares in the last quarter. Institutional investors and hedge funds own 55.15% of the company’s stock.

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.