Estee Lauder Companies (NYSE:EL) Cut to “Sell” at Rothschild & Co Redburn

Rothschild & Co Redburn downgraded shares of Estee Lauder Companies (NYSE:EL) from a neutral rating to a sell rating in a research note published on Tuesday, Marketbeat Ratings reports. The brokerage currently has $70.00 target price on the stock, down from their prior target price of $83.00.

EL has been the topic of several other research reports. JPMorgan Chase & Co. lifted their target price on shares of Estee Lauder Companies from $114.00 to $116.00 and gave the company an “overweight” rating in a report on Friday, October 31st. Argus raised Estee Lauder Companies from a “hold” rating to a “buy” rating and set a $105.00 price objective on the stock in a report on Tuesday, November 11th. UBS Group boosted their target price on Estee Lauder Companies from $93.00 to $105.00 and gave the stock a “neutral” rating in a research report on Friday, October 31st. Deutsche Bank Aktiengesellschaft raised their price target on Estee Lauder Companies from $98.00 to $100.00 and gave the company a “buy” rating in a report on Thursday, August 21st. Finally, Wells Fargo & Company upped their price objective on Estee Lauder Companies from $90.00 to $95.00 and gave the stock an “equal weight” rating in a report on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, Estee Lauder Companies currently has an average rating of “Hold” and a consensus target price of $94.43.

Estee Lauder Companies Trading Up 2.1%

Shares of EL stock opened at $93.85 on Tuesday. The company has a market capitalization of $33.82 billion, a P/E ratio of -29.89, a price-to-earnings-growth ratio of 1.77 and a beta of 1.19. The company has a current ratio of 1.30, a quick ratio of 0.92 and a debt-to-equity ratio of 1.89. The business’s 50 day moving average is $92.09 and its two-hundred day moving average is $85.44. Estee Lauder Companies has a twelve month low of $48.37 and a twelve month high of $104.53.

Estee Lauder Companies (NYSE:EL) last issued its quarterly earnings results on Thursday, October 30th. The company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.17. Estee Lauder Companies had a positive return on equity of 12.37% and a negative net margin of 7.91%.The firm had revenue of $3.48 billion during the quarter, compared to the consensus estimate of $3.38 billion. During the same period last year, the company earned $0.14 earnings per share. The company’s revenue for the quarter 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. Equities analysts forecast that Estee Lauder Companies will post 1.36 EPS for the current year.

Estee Lauder Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 15th. Investors of record on Friday, November 28th will be issued a dividend of $0.35 per share. The ex-dividend date of this dividend is Friday, November 28th. This represents a $1.40 annualized dividend and a yield of 1.5%. Estee Lauder Companies’s payout ratio is currently -54.26%.

Insider Buying and Selling at Estee Lauder Companies

In other Estee Lauder Companies news, VP Meridith Webster sold 5,430 shares of the firm’s 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Barry S. Sternlicht sold 3,972 shares of Estee Lauder Companies stock in a transaction dated Tuesday, November 11th. The stock was sold at an average price of $91.83, for a total transaction of $364,748.76. Following the transaction, the director owned 34,812 shares of the company’s stock, valued at approximately $3,196,785.96. The trade was a 10.24% decrease in their position. The disclosure for this sale is available in the SEC filing. 13.05% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of EL. True Vision MN LLC acquired a new stake in Estee Lauder Companies during the second quarter worth approximately $552,000. Clarius Group LLC purchased a new position in shares of Estee Lauder Companies during the 2nd quarter worth $227,000. Union Bancaire Privee UBP SA acquired a new stake in shares of Estee Lauder Companies during the second quarter worth $3,006,000. Drive Wealth Management LLC purchased a new stake in shares of Estee Lauder Companies in the second quarter valued at $337,000. Finally, Concurrent Investment Advisors LLC acquired a new position in Estee Lauder Companies in the second quarter valued at $331,000. 55.15% of the stock is owned by hedge funds and other institutional investors.

About Estee Lauder Companies

The Estée Lauder Companies Inc manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. It offers skin care products, including moisturizers, serums, cleansers, toners, body care, exfoliators, acne care and oil correctors, facial masks, and sun care products; and makeup products, such as lipsticks, lip glosses, mascaras, foundations, eyeshadows, and powders, as well as compacts, brushes, and other makeup tools.