The Estee Lauder Companies Inc. $EL Holdings Cut by Massachusetts Financial Services Co. MA

Massachusetts Financial Services Co. MA reduced its stake in shares of The Estee Lauder Companies Inc. (NYSE:EL) by 22.3% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,633,227 shares of the company’s stock after selling 1,039,946 shares during the period. Massachusetts Financial Services Co. MA’s holdings in Estee Lauder Companies were worth $293,565,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of EL. Annis Gardner Whiting Capital Advisors LLC raised its holdings in shares of Estee Lauder Companies by 1,182.1% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 500 shares of the company’s stock worth $33,000 after acquiring an additional 461 shares in the last quarter. Winthrop Capital Management LLC increased its position in Estee Lauder Companies by 2,240.0% in the 1st quarter. Winthrop Capital Management LLC now owns 585 shares of the company’s stock worth $39,000 after purchasing an additional 560 shares during the last quarter. TD Private Client Wealth LLC raised its stake in shares of Estee Lauder Companies by 246.4% during the 2nd quarter. TD Private Client Wealth LLC now owns 478 shares of the company’s stock worth $39,000 after purchasing an additional 340 shares in the last quarter. Golden State Wealth Management LLC lifted its holdings in shares of Estee Lauder Companies by 69.5% during the 2nd quarter. Golden State Wealth Management LLC now owns 512 shares of the company’s stock valued at $41,000 after buying an additional 210 shares during the last quarter. Finally, Ameritas Advisory Services LLC bought a new stake in shares of Estee Lauder Companies in the 2nd quarter valued at approximately $44,000. 55.15% of the stock is owned by institutional investors and hedge funds.

Estee Lauder Companies Price Performance

Shares of NYSE:EL opened at $88.13 on Friday. The company has a market cap of $31.76 billion, a price-to-earnings ratio of -28.07, a PEG ratio of 1.77 and a beta of 1.19. The business has a 50 day moving average price of $91.64 and a 200 day moving average price of $83.70. The company has a quick ratio of 0.92, a current ratio of 1.30 and a debt-to-equity ratio of 1.89. The Estee Lauder Companies Inc. has a twelve month low of $48.37 and a twelve month high of $104.53.

Estee Lauder Companies (NYSE:EL) last issued its quarterly earnings results on Thursday, October 30th. The company reported $0.32 EPS for the quarter, topping the consensus estimate of $0.15 by $0.17. Estee Lauder Companies had a positive return on equity of 12.37% and a negative net margin of 7.91%.The company had revenue of $3.48 billion for the quarter, compared to the consensus estimate of $3.38 billion. During the same period in the previous year, the business posted $0.14 EPS. The company’s revenue for the quarter was up 3.6% on a year-over-year basis. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. Research analysts predict that The Estee Lauder Companies Inc. will post 1.36 earnings per share for the current year.

Estee Lauder Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Investors of record on Friday, November 28th will be paid a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 1.6%. The ex-dividend date is Friday, November 28th. Estee Lauder Companies’s dividend payout ratio is presently -54.26%.

Insider Buying and Selling at Estee Lauder Companies

In other Estee Lauder Companies news, Director Lynn Forester sold 3,702 shares of the firm’s stock in a transaction on Friday, August 29th. The shares were sold at an average price of $91.65, for a total value of $339,288.30. Following the sale, the director directly owned 15,479 shares in the company, valued at $1,418,650.35. This trade represents a 19.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Barry S. Sternlicht sold 3,972 shares of the business’s stock in a transaction dated Tuesday, November 11th. The stock was sold at an average price of $91.83, for a total transaction of $364,748.76. Following the transaction, the director owned 34,812 shares in the company, valued at approximately $3,196,785.96. The trade was a 10.24% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 14,091 shares of company stock valued at $1,293,631 in the last ninety days. Company insiders own 13.05% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on EL shares. Royal Bank Of Canada raised their price objective on shares of Estee Lauder Companies from $107.00 to $113.00 and gave the company an “outperform” rating in a research report on Friday, October 31st. Wells Fargo & Company lifted their price objective on shares of Estee Lauder Companies from $90.00 to $95.00 and gave the company an “equal weight” rating in a research note on Friday, October 31st. UBS Group upped their price objective on shares of Estee Lauder Companies from $93.00 to $105.00 and gave the stock a “neutral” rating in a report on Friday, October 31st. Canaccord Genuity Group raised their target price on Estee Lauder Companies from $85.00 to $100.00 and gave the company a “hold” rating in a report on Monday, October 27th. Finally, Wall Street Zen upgraded Estee Lauder Companies from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Estee Lauder Companies has an average rating of “Moderate Buy” and a consensus target price of $95.65.

About Estee Lauder Companies

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.