The Estee Lauder Companies Inc. $EL Shares Purchased by Legal & General Group Plc

Legal & General Group Plc increased its holdings in The Estee Lauder Companies Inc. (NYSE:EL) by 7.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,637,650 shares of the company’s stock after buying an additional 114,086 shares during the quarter. Legal & General Group Plc owned about 0.46% of Estee Lauder Companies worth $132,322,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Annis Gardner Whiting Capital Advisors LLC increased 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 valued at $33,000 after purchasing an additional 461 shares during the period. TD Private Client Wealth LLC grew its position in Estee Lauder Companies by 246.4% in the 2nd quarter. TD Private Client Wealth LLC now owns 478 shares of the company’s stock valued at $39,000 after buying an additional 340 shares in the last quarter. Golden State Wealth Management LLC increased its stake in 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 period. Ameritas Advisory Services LLC acquired a new position in Estee Lauder Companies during the 2nd quarter valued at about $44,000. Finally, Smartleaf Asset Management LLC raised its position in shares of Estee Lauder Companies by 64.5% during the 1st quarter. Smartleaf Asset Management LLC now owns 788 shares of the company’s stock worth $52,000 after buying an additional 309 shares in the last quarter. Institutional investors own 55.15% of the company’s stock.

Insiders Place Their Bets

In related news, Director Lynn Forester sold 3,702 shares of the 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 sale, the director directly owned 15,479 shares of the company’s stock, valued at approximately $1,418,650.35. This represents a 19.30% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Lande Rashida La sold 6,417 shares of Estee Lauder Companies 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 19,521 shares of company stock valued at $1,770,602 over the last ninety days. Corporate insiders own 13.05% of the company’s stock.

Estee Lauder Companies Stock Up 3.9%

EL stock opened at $93.44 on Tuesday. The Estee Lauder Companies Inc. has a 52-week low of $48.37 and a 52-week high of $104.53. The company’s 50 day simple moving average is $91.78 and its 200-day simple moving average is $85.11. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.30 and a quick ratio of 0.92. The firm has a market capitalization of $33.67 billion, a P/E ratio of -29.76, a P/E/G ratio of 1.77 and a beta of 1.19.

Estee Lauder Companies (NYSE:EL) last posted its quarterly earnings data on Thursday, October 30th. The company reported $0.32 EPS for the quarter, topping analysts’ consensus estimates 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 last year, the business posted $0.14 EPS. The company’s revenue 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. As a group, equities research analysts anticipate that The Estee Lauder Companies Inc. will post 1.36 EPS for the current year.

Estee Lauder Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 15th. Investors of record on Friday, November 28th will be given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Friday, November 28th. Estee Lauder Companies’s payout ratio is presently -54.26%.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on EL. Telsey Advisory Group boosted their price objective on Estee Lauder Companies from $99.00 to $105.00 and gave the stock a “market perform” rating in a research note on Friday, October 31st. UBS Group lifted their price objective on shares of Estee Lauder Companies from $93.00 to $105.00 and gave the stock a “neutral” rating in a research note on Friday, October 31st. Royal Bank Of Canada boosted their target price on shares of Estee Lauder Companies from $107.00 to $113.00 and gave the stock an “outperform” rating in a report on Friday, October 31st. Canaccord Genuity Group increased their target price on shares of Estee Lauder Companies from $85.00 to $100.00 and gave the company a “hold” rating in a research note on Monday, October 27th. Finally, The Goldman Sachs Group upgraded shares of Estee Lauder Companies from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $76.00 to $115.00 in a research report on Monday, October 13th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target 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.