Clarius Group LLC bought a new stake in The Estee Lauder Companies Inc. (NYSE:EL – Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 2,808 shares of the company’s stock, valued at approximately $227,000.
Several other institutional investors also recently bought and sold shares of the company. Independent Franchise Partners LLP boosted its stake in Estee Lauder Companies by 1.5% in the first quarter. Independent Franchise Partners LLP now owns 7,976,434 shares of the company’s stock valued at $526,445,000 after acquiring an additional 118,276 shares in the last quarter. Invesco Ltd. boosted its stake in Estee Lauder Companies by 21.9% in the first quarter. Invesco Ltd. now owns 6,681,785 shares of the company’s stock valued at $440,998,000 after acquiring an additional 1,200,537 shares in the last quarter. American Century Companies Inc. lifted its stake in shares of Estee Lauder Companies by 34.9% during the first quarter. American Century Companies Inc. now owns 4,511,115 shares of the company’s stock worth $297,734,000 after buying an additional 1,167,508 shares during the period. Bank of New York Mellon Corp lifted its stake in shares of Estee Lauder Companies by 3.9% during the first quarter. Bank of New York Mellon Corp now owns 3,088,880 shares of the company’s stock worth $203,866,000 after buying an additional 117,330 shares during the period. Finally, Northern Trust Corp lifted its stake in shares of Estee Lauder Companies by 3.4% during the first quarter. Northern Trust Corp now owns 2,445,947 shares of the company’s stock worth $161,433,000 after buying an additional 80,387 shares during the period. 55.15% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several research firms have recently commented on EL. Citigroup lifted their price objective on shares of Estee Lauder Companies from $60.00 to $99.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 15th. JPMorgan Chase & Co. lowered their price objective on shares of Estee Lauder Companies from $101.00 to $99.00 and set an “overweight” rating for the company in a research note on Thursday, August 21st. Weiss Ratings reiterated a “sell (d)” rating on shares of Estee Lauder Companies in a research note on Saturday, September 27th. Bank of America began coverage on shares of Estee Lauder Companies in a research note on Thursday, July 10th. They set a “buy” rating and a $110.00 price objective for the company. Finally, Telsey Advisory Group reiterated a “market perform” rating and set a $99.00 price objective on shares of Estee Lauder Companies in a research note on Wednesday, August 20th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $88.55.
Insider Transactions at Estee Lauder Companies
In other Estee Lauder Companies news, VP Lande Rashida La sold 6,417 shares of the company’s stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $91.88, for a total value of $589,593.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Lynn Forester sold 3,702 shares of the company’s stock in a transaction dated Friday, August 29th. The stock was sold at an average price of $91.65, for a total transaction of $339,288.30. Following the completion of the transaction, the director owned 15,479 shares of the company’s stock, valued at approximately $1,418,650.35. This trade represents a 19.30% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 13.05% of the company’s stock.
Estee Lauder Companies Trading Up 4.4%
NYSE EL opened at $92.58 on Wednesday. The company has a market capitalization of $33.32 billion, a PE ratio of -29.48, a P/E/G ratio of 2.54 and a beta of 1.16. The company has a fifty day moving average of $89.41 and a 200 day moving average of $76.46. The Estee Lauder Companies Inc. has a 1 year low of $48.37 and a 1 year high of $97.44. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.30 and a quick ratio of 0.92.
Estee Lauder Companies (NYSE:EL – Get Free Report) last posted its earnings results on Wednesday, August 20th. The company reported $0.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.07 by $0.02. The company had revenue of $3.41 billion during the quarter, compared to the consensus estimate of $3.36 billion. Estee Lauder Companies had a negative net margin of 7.91% and a positive return on equity of 12.37%. The firm’s quarterly revenue was down 11.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.64 earnings per share. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. Research analysts forecast that The Estee Lauder Companies Inc. will post 1.36 earnings per share for the current year.
Estee Lauder Companies Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd were given a $0.35 dividend. The ex-dividend date was Tuesday, September 2nd. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.5%. Estee Lauder Companies’s dividend payout ratio is -44.59%.
Estee Lauder Companies Company Profile
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.
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