Estee Lauder (EL)

• Market cap: $26.7B
• 1 day: -0.46%
• 5 days: -5.23%
• 1 month: 13.82%
• 3 months: -12.53%
• 6 months: -34.02%
• Year to date: -48.88%
• 1 year: -48.22%
• 5 years: -64.05%
• 10 years: -2.29%
• Sector: Materials
• Industry: Perfumes, Cosmetics & Other Toilet Preparations

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 Q3 regulatory filings by fund managers ($100M+ AUM)

5% less repeat investments, than reductions

Existing positions increased: 325 | Existing positions reduced: 342

5.33% less ownership

Funds ownership: 89.72% [Q2] → 84.39% (-5.33%) [Q3]

8% less funds holding

Funds holding: 970 [Q2] → 892 (-78) [Q3]

12% less capital invested

Capital invested by funds: $22.3B [Q2] → $19.5B (-$2.73B) [Q3]

14% less call options, than puts

Call options by funds: $984M | Put options by funds: $1.14B

40% less funds holding in top 10

Funds holding in top 10: 10 [Q2] → 6 (-4) [Q3]

42% less first-time investments, than exits

New positions opened: 107 | Existing positions closed: 185

Research analyst outlook

15 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $70 6% downside
• Avg. target: $84 13% upside
• High target: $125 68% upside

15 analyst ratings

• positive: 3 20%
• neutral: 12 80%
• negative: 0 0%

DA Davidson Linda Bolton Weiser 41% 1-year accuracy 42 / 102 met price target	9% upside $81	Buy Maintained	20 Nov 2024
B. Riley Securities Anna Glaessgen 50% 1-year accuracy 6 / 12 met price target	6% downside $70	Neutral Maintained	4 Nov 2024
Deutsche Bank Steve Powers 63% 1-year accuracy 12 / 19 met price target	1% upside $75	Hold Maintained	4 Nov 2024
B of A Securities Bryan Spillane 40% 1-year accuracy 8 / 20 met price target	1% upside $75	Neutral Maintained	1 Nov 2024
TD Cowen Oliver Chen 48% 1-year accuracy 15 / 31 met price target	6% downside $70	Hold Maintained	1 Nov 2024