Ralph Lauren (NYSE:RL) Earns Outperform Rating from Telsey Advisory Group

Telsey Advisory Group restated their outperform rating on shares of Ralph Lauren (NYSE:RL) in a research note released on Friday,Benzinga reports. The brokerage currently has a $315.00 target price on the textile maker’s stock. Telsey Advisory Group also issued estimates for Ralph Lauren’s FY2025 earnings at $12.10 EPS.

RL has been the subject of a number of other research reports. The Goldman Sachs Group set a $262.00 price target on shares of Ralph Lauren in a report on Tuesday, April 22nd. Cowen reaffirmed a “buy” rating on shares of Ralph Lauren in a report on Tuesday, February 4th. UBS Group boosted their price target on Ralph Lauren from $300.00 to $335.00 and gave the stock a “buy” rating in a research note on Tuesday, May 13th. Barclays set a $260.00 price objective on Ralph Lauren and gave the company an “overweight” rating in a research note on Monday, April 28th. Finally, Citigroup decreased their target price on Ralph Lauren from $282.00 to $219.00 and set a “neutral” rating on the stock in a research report on Monday, April 7th. Four equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $277.29.

Ralph Lauren Stock Performance

NYSE RL opened at $274.65 on Friday. The stock has a market capitalization of $16.96 billion, a price-to-earnings ratio of 25.06, a PEG ratio of 1.73 and a beta of 1.44. The business’s 50 day moving average is $222.67 and its two-hundred day moving average is $233.41. Ralph Lauren has a 12-month low of $155.96 and a 12-month high of $289.33. The company has a current ratio of 1.76, a quick ratio of 1.31 and a debt-to-equity ratio of 0.39.

Ralph Lauren Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, April 11th. Shareholders of record on Friday, March 28th were issued a $0.825 dividend. This represents a $3.30 annualized dividend and a yield of 1.20%. The ex-dividend date of this dividend was Friday, March 28th. Ralph Lauren’s dividend payout ratio (DPR) is 30.11%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Kestra Private Wealth Services LLC raised its holdings in shares of Ralph Lauren by 4.2% in the 1st quarter. Kestra Private Wealth Services LLC now owns 1,045 shares of the textile maker’s stock worth $231,000 after purchasing an additional 42 shares during the period. Baader Bank Aktiengesellschaft increased its position in Ralph Lauren by 3.4% during the 1st quarter. Baader Bank Aktiengesellschaft now owns 1,367 shares of the textile maker’s stock worth $300,000 after purchasing an additional 45 shares in the last quarter. Mather Group LLC. raised its holdings in Ralph Lauren by 4.1% in the fourth quarter. Mather Group LLC. now owns 1,182 shares of the textile maker’s stock valued at $273,000 after buying an additional 47 shares during the period. MassMutual Private Wealth & Trust FSB lifted its position in Ralph Lauren by 93.7% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 122 shares of the textile maker’s stock valued at $27,000 after buying an additional 59 shares in the last quarter. Finally, Asset Management One Co. Ltd. grew its stake in Ralph Lauren by 6.6% during the fourth quarter. Asset Management One Co. Ltd. now owns 1,005 shares of the textile maker’s stock worth $231,000 after buying an additional 62 shares during the period. Institutional investors and hedge funds own 67.91% of the company’s stock.

Ralph Lauren Company Profile

Ralph Lauren Corporation designs, markets, and distributes lifestyle products in North America, Europe, Asia, and internationally. The company offers apparel, including a range of men’s, women’s, and children’s clothing; footwear and accessories, which comprise casual shoes, dress shoes, boots, sneakers, sandals, eyewear, watches, fashion and fine jewelry, scarves, hats, gloves, and umbrellas, as well as leather goods, such as handbags, luggage, small leather goods, and belts; home products consisting of bed and bath lines, furniture, fabric and wallcoverings, floor coverings, lighting, tabletop, kitchen linens, floor coverings, dining, decorative accessories, and giftware; and fragrances.