Estee Lauder Companies (NYSE:EL) Given New $108.00 Price Target at Deutsche Bank Aktiengesellschaft

Estee Lauder Companies (NYSE:EL) had its target price reduced by equities research analysts at Deutsche Bank Aktiengesellschaft from $124.00 to $108.00 in a research report issued on Monday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s target price would suggest a potential upside of 59.30% from the company’s current price.

A number of other equities research analysts have also issued reports on EL. Wells Fargo & Company dropped their target price on shares of Estee Lauder Companies from $105.00 to $90.00 and set an “equal weight” rating for the company in a report on Tuesday, March 24th. Jefferies Financial Group initiated coverage on shares of Estee Lauder Companies in a research report on Wednesday, January 14th. They set a “hold” rating and a $110.00 price target on the stock. Wall Street Zen raised shares of Estee Lauder Companies from a “hold” rating to a “buy” rating in a research note on Saturday, January 17th. Evercore raised their target price on shares of Estee Lauder Companies from $115.00 to $125.00 and gave the stock an “outperform” rating in a research note on Tuesday, December 16th. Finally, Citigroup upgraded Estee Lauder Companies from a “neutral” rating to a “buy” rating and set a $120.00 target price on the stock in a report on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $102.76.

Estee Lauder Companies Price Performance

Shares of Estee Lauder Companies stock traded up $0.57 during mid-day trading on Monday, reaching $67.80. 2,261,113 shares of the stock traded hands, compared to its average volume of 4,599,315. The stock has a market capitalization of $24.52 billion, a PE ratio of -135.83, a PEG ratio of 0.75 and a beta of 1.11. The business has a 50-day moving average of $101.74 and a 200 day moving average of $98.95. Estee Lauder Companies has a fifty-two week low of $48.37 and a fifty-two week high of $121.64. The company has a quick ratio of 1.00, a current ratio of 1.36 and a debt-to-equity ratio of 1.82.

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

Institutional Trading of Estee Lauder Companies

A number of hedge funds and other institutional investors have recently modified their holdings of EL. Federated Hermes Inc. boosted its holdings in Estee Lauder Companies by 556.8% during the 2nd quarter. Federated Hermes Inc. now owns 1,554,088 shares of the company’s stock valued at $125,570,000 after acquiring an additional 1,317,473 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its position in Estee Lauder Companies by 539.7% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 229,749 shares of the company’s stock valued at $20,245,000 after acquiring an additional 193,833 shares in the last quarter. Azzad Asset Management Inc. ADV increased its stake in Estee Lauder Companies by 55.8% during the third quarter. Azzad Asset Management Inc. ADV now owns 26,682 shares of the company’s stock worth $2,351,000 after purchasing an additional 9,559 shares during the period. Strs Ohio lifted its position in shares of Estee Lauder Companies by 53.0% during the third quarter. Strs Ohio now owns 190,589 shares of the company’s stock worth $16,795,000 after purchasing an additional 66,003 shares in the last quarter. Finally, California Public Employees Retirement System lifted its holdings in Estee Lauder Companies by 5.8% during the 2nd quarter. California Public Employees Retirement System now owns 319,836 shares of the company’s stock worth $25,843,000 after buying an additional 17,552 shares in the last quarter. 55.15% of the stock is owned by institutional investors and hedge funds.

About Estee Lauder Companies

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.