Estee LauderEL
Market Cap: $31.4B
About: Estee Lauder is a leader in the global prestige beauty market, participating across skin care (51% of fiscal 2024 sales), makeup (29%), fragrance (16%), and hair care (4%) categories, with top-selling brands such as Estee Lauder, Clinique, M.A.C, La Mer, Jo Malone London, Aveda, Bobbi Brown, and Origins. The firm operates in more than 150 countries, generating 30% of revenue from the Americas, 39% from Europe, the Middle East and Africa (including travel retail), and 31% from Asia-Pacific. Estee Lauder sells its products through department stores, travel retail, specialty multibrand beauty stores, brand-dedicated freestanding stores, e-commerce, salons/spas, and perfumeries.
Employees: 62,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
0.83% less ownership
Funds ownership: 88.21% [Q1] → 87.38% (-0.83%) [Q2]
7% less funds holding
Funds holding: 1,028 [Q1] → 960 (-68) [Q2]
22% less repeat investments, than reductions
Existing positions increased: 323 | Existing positions reduced: 412
29% less funds holding in top 10
Funds holding in top 10: 14 [Q1] → 10 (-4) [Q2]
32% less capital invested
Capital invested by funds: $31.7B [Q1] → $21.7B (-$10B) [Q2]
32% less call options, than puts
Call options by funds: $679M | Put options by funds: $994M
42% less first-time investments, than exits
New positions opened: 94 | Existing positions closed: 162
Research analyst outlook
32 Wall Street Analysts provided 1 year price targets over the past 3 months
32 analyst ratings
DA Davidson Linda Bolton Weiser 38% 1-year accuracy 32 / 84 met price target | 49%upside $130 | Buy Maintained | 28 Aug 2024 |
Piper Sandler Korinne Wolfmeyer 28% 1-year accuracy 11 / 39 met price target | 30%upside $114 | Overweight Upgraded | 22 Aug 2024 |
Goldman Sachs Jason English 45% 1-year accuracy 5 / 11 met price target | 14%upside $100 | Neutral Maintained | 20 Aug 2024 |
Citigroup Filippo Falorni 58% 1-year accuracy 11 / 19 met price target | 20%upside $105 | Buy Maintained | 20 Aug 2024 |
JP Morgan Andrea Teixeira 53% 1-year accuracy 32 / 60 met price target | 20%upside $105 | Overweight Maintained | 20 Aug 2024 |
Financial journalist opinion
Based on 47 articles about EL published over the past 30 days