Mufg Securities Americas Inc. Boosts Stock Position in The Estee Lauder Companies Inc. $EL

Mufg Securities Americas Inc. boosted its stake in shares of The Estee Lauder Companies Inc. (NYSE:EL) by 25.2% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,191 shares of the company’s stock after buying an additional 1,046 shares during the period. Mufg Securities Americas Inc.’s holdings in Estee Lauder Companies were worth $419,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in EL. Invesco Ltd. increased its holdings in shares of Estee Lauder Companies by 21.9% during 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. grew its position in Estee Lauder Companies by 34.9% during the 1st quarter. American Century Companies Inc. now owns 4,511,115 shares of the company’s stock valued at $297,734,000 after purchasing an additional 1,167,508 shares during the last quarter. Robeco Institutional Asset Management B.V. grew its position in Estee Lauder Companies by 1,600.4% during the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 1,224,695 shares of the company’s stock valued at $98,955,000 after purchasing an additional 1,152,669 shares during the last quarter. Bank of New York Mellon Corp increased its stake in Estee Lauder Companies by 35.2% during the 2nd quarter. Bank of New York Mellon Corp now owns 4,175,394 shares of the company’s stock valued at $337,372,000 after purchasing an additional 1,086,514 shares in the last quarter. Finally, Geode Capital Management LLC increased its stake in Estee Lauder Companies by 17.8% during the 2nd quarter. Geode Capital Management LLC now owns 5,912,792 shares of the company’s stock valued at $475,710,000 after purchasing an additional 892,631 shares in the last quarter. 55.15% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on EL. Argus upgraded shares of Estee Lauder Companies from a “hold” rating to a “buy” rating and set a $105.00 price target on the stock in a report on Tuesday, November 11th. Royal Bank Of Canada upped their price objective on Estee Lauder Companies from $107.00 to $113.00 and gave the company an “outperform” rating in a research report on Friday, October 31st. The Goldman Sachs Group upgraded Estee Lauder Companies from a “neutral” rating to a “buy” rating and increased their target price for the company from $76.00 to $115.00 in a research note on Monday, October 13th. Canaccord Genuity Group lifted their target price on Estee Lauder Companies from $85.00 to $100.00 and gave the stock a “hold” rating in a report on Monday, October 27th. Finally, Wall Street Zen cut Estee Lauder Companies from a “buy” rating to a “hold” rating in a research note on Saturday. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $95.65.

Insider Buying and Selling

In related news, Director Barry S. Sternlicht sold 3,972 shares of the company’s stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $91.83, for a total value of $364,748.76. Following the completion of the transaction, the director owned 34,812 shares of the company’s stock, valued at approximately $3,196,785.96. This represents a 10.24% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. 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 value of $339,288.30. Following the completion of the transaction, the director directly 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 is available in the SEC filing. Insiders sold 19,521 shares of company stock worth $1,770,602 over the last ninety days. 13.05% of the stock is owned by corporate insiders.

Estee Lauder Companies Stock Up 3.9%

EL stock opened at $93.44 on Tuesday. The company has a market cap of $33.67 billion, a price-to-earnings ratio of -29.76, a P/E/G ratio of 1.77 and a beta of 1.19. 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 business’s 50-day moving average is $91.78 and its two-hundred day moving average is $85.11. 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 quarterly earnings results on Thursday, October 30th. The company reported $0.32 EPS for the quarter, beating the consensus estimate of $0.15 by $0.17. Estee Lauder Companies had a negative net margin of 7.91% and a positive return on equity of 12.37%. The firm had revenue of $3.48 billion during the quarter, compared to analyst estimates of $3.38 billion. During the same quarter in the prior year, the firm earned $0.14 EPS. The business’s revenue for the quarter was up 3.6% compared to the same quarter last year. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. As a group, 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 business also recently disclosed a quarterly dividend, which will be paid on Monday, December 15th. Stockholders of record on Friday, November 28th will be paid a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Friday, November 28th. Estee Lauder Companies’s dividend payout ratio is -54.26%.

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.