Estee Lauder Companies, Inc. (The) (NYSE:EL) had its price target hoisted by BMO Capital Markets from $107.00 to $126.00 in a report issued on Thursday. The firm presently has a “market perform” rating on the stock. BMO Capital Markets’ price target points to a potential upside of 12.69% from the company’s current price.

A number of other research firms have also recently weighed in on EL. Oppenheimer Holdings, Inc. restated an “outperform” rating and set a $110.00 price objective (up from $100.00) on shares of Estee Lauder Companies, Inc. (The) in a research report on Thursday, August 10th. DA Davidson restated a “neutral” rating and set a $125.00 price objective on shares of Estee Lauder Companies, Inc. (The) in a research report on Thursday. They noted that the move was a valuation call. BidaskClub upgraded shares of Estee Lauder Companies, Inc. (The) from a “hold” rating to a “buy” rating in a research report on Monday, July 31st. Bank of America Corporation increased their target price on shares of Estee Lauder Companies, Inc. (The) from $100.00 to $105.00 and gave the company a “buy” rating in a research report on Monday, July 10th. Finally, Royal Bank Of Canada set a $115.00 target price on shares of Estee Lauder Companies, Inc. (The) and gave the company a “buy” rating in a research report on Monday, August 21st. One analyst has rated the stock with a sell rating, seven have issued a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the company. Estee Lauder Companies, Inc. (The) presently has an average rating of “Buy” and a consensus price target of $115.46.

Estee Lauder Companies, Inc. (The) (NYSE:EL) last announced its quarterly earnings results on Wednesday, November 1st. The company reported $1.21 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.97 by $0.24. The firm had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $3.16 billion. Estee Lauder Companies, Inc. (The) had a net margin of 10.56% and a return on equity of 32.38%. The firm’s quarterly revenue was up 14.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.85 earnings per share.

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In related news, EVP Michael O’hare sold 42,032 shares of the firm’s stock in a transaction that occurred on Monday, August 21st. The shares were sold at an average price of $105.41, for a total value of $4,430,593.12. Following the sale, the executive vice president now owns 17,841 shares of the company’s stock, valued at $1,880,619.81. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, VP Sara E. Moss sold 14,552 shares of the firm’s stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $100.22, for a total transaction of $1,458,401.44. The disclosure for this sale can be found here. In the last three months, insiders sold 580,641 shares of company stock valued at $61,605,635. Insiders own 16.24% of the company’s stock.

A number of large investors have recently modified their holdings of EL. Acrospire Investment Management LLC raised its holdings in Estee Lauder Companies, Inc. (The) by 2,291.7% in the second quarter. Acrospire Investment Management LLC now owns 1,148 shares of the company’s stock valued at $110,000 after acquiring an additional 1,100 shares in the last quarter. Parkside Financial Bank & Trust raised its holdings in Estee Lauder Companies, Inc. (The) by 126.1% in the third quarter. Parkside Financial Bank & Trust now owns 1,135 shares of the company’s stock valued at $123,000 after acquiring an additional 633 shares in the last quarter. Shine Investment Advisory Services Inc. acquired a new stake in Estee Lauder Companies, Inc. (The) in the second quarter valued at approximately $147,000. Sun Life Financial INC raised its holdings in Estee Lauder Companies, Inc. (The) by 16,290.0% in the second quarter. Sun Life Financial INC now owns 1,639 shares of the company’s stock valued at $157,000 after acquiring an additional 1,629 shares in the last quarter. Finally, Bessemer Group Inc. raised its holdings in Estee Lauder Companies, Inc. (The) by 4.8% in the second quarter. Bessemer Group Inc. now owns 1,866 shares of the company’s stock valued at $179,000 after acquiring an additional 86 shares in the last quarter. 54.89% of the stock is currently owned by hedge funds and other institutional investors.

Estee Lauder Companies, Inc. (The) Company Profile

The Estee Lauder Companies Inc manufactures and markets skin care, makeup, fragrance and hair care products. The Company offers products, including skin care, makeup, fragrance, hair care and other. The Company operates in beauty products segment. The Company’s products are sold in over 150 countries and territories under brand names, including Estee Lauder, Aramis, Clinique, Prescriptives, Lab Series, Origins, Tommy Hilfiger, MAC, Kiton, La Mer, Bobbi Brown, Donna Karan New York, DKNY, Aveda, Jo Malone London, Bumble and bumble, Michael Kors, Darphin, Tom Ford, Smashbox, Ermenegildo Zegna, AERIN, Tory Burch, RODIN olio lusso, Le Labo, Editions de Parfums Frederic Malle, GLAMGLOW, By Kilian, BECCA and Too Faced.

Analyst Recommendations for Estee Lauder Companies, Inc. (The) (NYSE:EL)

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