Caliber Wealth Management LLC KS Sells 12,362 Shares of The Estee Lauder Companies Inc. $EL

Caliber Wealth Management LLC KS cut its position in shares of The Estee Lauder Companies Inc. (NYSE:EL) by 73.0% in the second quarter, Holdings Channel reports. The institutional investor owned 4,568 shares of the company’s stock after selling 12,362 shares during the period. Caliber Wealth Management LLC KS’s holdings in Estee Lauder Companies were worth $369,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the company. Generali Asset Management SPA SGR grew its holdings in shares of Estee Lauder Companies by 1.6% during the second quarter. Generali Asset Management SPA SGR now owns 7,361 shares of the company’s stock worth $595,000 after buying an additional 119 shares in the last quarter. Joel Isaacson & Co. LLC raised its stake in shares of Estee Lauder Companies by 0.4% during the 2nd quarter. Joel Isaacson & Co. LLC now owns 28,826 shares of the company’s stock worth $2,329,000 after purchasing an additional 120 shares in the last quarter. LRI Investments LLC raised its stake in shares of Estee Lauder Companies by 2.6% during the 2nd quarter. LRI Investments LLC now owns 5,007 shares of the company’s stock worth $405,000 after purchasing an additional 126 shares in the last quarter. Legacy Wealth Asset Management LLC raised its stake in shares of Estee Lauder Companies by 2.2% during the 2nd quarter. Legacy Wealth Asset Management LLC now owns 5,950 shares of the company’s stock worth $481,000 after purchasing an additional 129 shares in the last quarter. Finally, Signaturefd LLC raised its stake in shares of Estee Lauder Companies by 9.3% during the 2nd quarter. Signaturefd LLC now owns 1,815 shares of the company’s stock worth $147,000 after purchasing an additional 154 shares in the last quarter. 55.15% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

EL has been the subject of several research analyst reports. HSBC upgraded Estee Lauder Companies from a “hold” rating to a “buy” rating and lifted their target price for the stock from $80.00 to $99.00 in a research note on Friday, June 27th. Wells Fargo & Company lifted their target price on Estee Lauder Companies from $60.00 to $90.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 9th. Evercore ISI lifted their target price on Estee Lauder Companies from $100.00 to $115.00 and gave the stock an “outperform” rating in a research note on Monday, September 15th. Hsbc Global Res upgraded Estee Lauder Companies from a “hold” rating to a “strong-buy” rating in a research note on Friday, June 27th. Finally, Bank of America began coverage on Estee Lauder Companies in a report on Thursday, July 10th. They set a “buy” rating and a $110.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Estee Lauder Companies presently has a consensus rating of “Hold” and an average price target of $91.30.

Insiders Place Their Bets

In other news, Director Lynn Forester sold 3,702 shares of the business’s stock in a transaction on 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. The trade was a 19.30% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Lande Rashida La sold 6,417 shares of the business’s stock in a transaction on Thursday, August 28th. The stock was sold at an average price of $91.88, for a total value of $589,593.96. The disclosure for this sale can be found here. Corporate insiders own 13.05% of the company’s stock.

Estee Lauder Companies Stock Performance

NYSE:EL opened at $98.60 on Thursday. The stock has a fifty day moving average price of $90.37 and a 200-day moving average price of $78.77. The company has a market cap of $35.48 billion, a price-to-earnings ratio of -31.40, a PEG ratio of 1.80 and a beta of 1.16. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.92 and a current ratio of 1.30. The Estee Lauder Companies Inc. has a fifty-two week low of $48.37 and a fifty-two week high of $104.53.

Estee Lauder Companies (NYSE:EL) last released its earnings results on Wednesday, August 20th. The company reported $0.09 earnings per share for the quarter, beating analysts’ consensus estimates of $0.07 by $0.02. The firm had revenue of $3.41 billion during the quarter, compared to the consensus estimate of $3.36 billion. Estee Lauder Companies had a positive return on equity of 12.37% and a negative net margin of 7.91%.The company’s revenue was down 11.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.64 EPS. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. As a group, equities analysts anticipate that The Estee Lauder Companies Inc. will post 1.36 EPS for the current fiscal year.

Estee Lauder Companies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd were given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date was Tuesday, September 2nd. Estee Lauder Companies’s dividend payout ratio is presently -44.59%.

Estee Lauder Companies 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.