Estee Lauder Companies, Inc. (The) (NYSE:EL)‘s stock had its “overweight” rating reiterated by research analysts at KeyCorp in a research note issued on Thursday. They presently have a $135.00 price target on the stock, up from their previous price target of $115.00. KeyCorp’s target price points to a potential upside of 20.74% from the company’s previous close. The analysts noted that the move was a valuation call.

Several other research analysts have also recently issued reports on EL. Jefferies Group LLC reissued a “buy” rating and issued a $110.00 target price on shares of Estee Lauder Companies, Inc. (The) in a research report on Thursday, July 6th. Stifel Nicolaus set a $108.00 price objective on Estee Lauder Companies, Inc. (The) and gave the company a “buy” rating in a research report on Thursday, July 6th. Bank of America Corporation lifted their price objective on 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. BidaskClub cut Estee Lauder Companies, Inc. (The) from a “buy” rating to a “hold” rating in a research report on Wednesday, July 12th. Finally, Wells Fargo & Company reaffirmed an “outperform” rating and set a $106.00 price objective (up from $103.00) on shares of Estee Lauder Companies, Inc. (The) in a research report on Saturday, July 22nd. One research analyst has rated the stock with a sell rating, seven have given a hold rating, nineteen have given a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $116.62.

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

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In other Estee Lauder Companies, Inc. (The) news, insider Fabrizio Freda sold 300,000 shares of Estee Lauder Companies, Inc. (The) stock in a transaction that occurred on Tuesday, August 22nd. The stock was sold at an average price of $105.77, for a total value of $31,731,000.00. Following the sale, the insider now owns 373,174 shares of the company’s stock, valued at approximately $39,470,613.98. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Gregory Polcer sold 25,000 shares of Estee Lauder Companies, Inc. (The) stock in a transaction that occurred on Wednesday, October 4th. The stock was sold at an average price of $110.00, for a total value of $2,750,000.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 580,641 shares of company stock worth $61,605,635. Corporate insiders own 16.24% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its stake in Estee Lauder Companies, Inc. (The) by 3.3% in the 2nd quarter. Vanguard Group Inc. now owns 15,286,591 shares of the company’s stock worth $1,467,207,000 after acquiring an additional 485,448 shares during the last quarter. BlackRock Inc. increased its stake in Estee Lauder Companies, Inc. (The) by 7.4% in the 2nd quarter. BlackRock Inc. now owns 14,797,992 shares of the company’s stock worth $1,420,311,000 after acquiring an additional 1,022,956 shares during the last quarter. Janus Henderson Group PLC increased its stake in Estee Lauder Companies, Inc. (The) by 1,676.9% in the 2nd quarter. Janus Henderson Group PLC now owns 4,695,498 shares of the company’s stock worth $450,675,000 after acquiring an additional 4,431,247 shares during the last quarter. Fundsmith LLP increased its stake in Estee Lauder Companies, Inc. (The) by 3.2% in the 2nd quarter. Fundsmith LLP now owns 3,845,509 shares of the company’s stock worth $369,092,000 after acquiring an additional 118,489 shares during the last quarter. Finally, Northern Trust Corp increased its stake in Estee Lauder Companies, Inc. (The) by 41.1% in the 2nd quarter. Northern Trust Corp now owns 3,732,174 shares of the company’s stock worth $358,214,000 after acquiring an additional 1,086,562 shares during the last quarter. 54.89% of the stock is currently owned by institutional investors and hedge funds.

About Estee Lauder Companies, Inc. (The)

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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