Estee Lauder stock is trading -39.87% below its average target price of $184.75 after dropping -2.9% during today's afternoon session. Analysts are giving the large-cap Household & Personal Products company an average rating of buy and target prices ranging from $137.0 to $280.0 per share.
The stock has a very low short interest at 1.5%, and a short ratio of 1.73. The company's insiders own 0.5% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that a significant number of institutional investors are invested in the stock, with 92.6% of Estee Lauder's shares being owned by this investor type.
Institutions Invested in Estee Lauder
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-06-30 | Vanguard Group Inc | 8% | 18,486,137 | $2,053,532,511 |
| 2023-06-30 | Blackrock Inc. | 7% | 15,215,547 | $1,690,219,024 |
| 2023-06-30 | State Street Corporation | 4% | 10,019,387 | $1,113,003,595 |
| 2023-06-30 | Edgewood Management Llc | 3% | 7,491,271 | $832,167,832 |
| 2023-06-30 | Fundsmith LLP | 2% | 5,418,525 | $601,916,844 |
| 2023-06-30 | Royal Bank of Canada | 2% | 4,867,672 | $540,725,339 |
| 2023-06-30 | Capital International Investors | 2% | 4,584,843 | $509,307,280 |
| 2023-06-30 | Geode Capital Management, LLC | 2% | 4,219,658 | $468,740,705 |
| 2023-06-30 | Morgan Stanley | 2% | 4,229,261 | $469,807,454 |
| 2023-06-30 | Massachusetts Financial Services Co. | 2% | 4,053,247 | $450,254,939 |
Besides an analyst consensus of strong upside potential, other market factors point to there being positive market sentiment on Estee Lauder.
