Cookson Peirce & Co. Inc. Takes Position in The Estee Lauder Companies Inc. $EL

Cookson Peirce & Co. Inc. purchased a new stake in shares of The Estee Lauder Companies Inc. (NYSE:ELFree Report) in the third quarter, according to its most recent filing with the SEC. The firm purchased 7,452 shares of the company’s stock, valued at approximately $657,000.

Several other institutional investors have also modified their holdings of EL. Quent Capital LLC acquired a new position in Estee Lauder Companies during the third quarter worth $33,000. Hantz Financial Services Inc. increased its position in shares of Estee Lauder Companies by 80.6% in the third quarter. Hantz Financial Services Inc. now owns 372 shares of the company’s stock valued at $33,000 after buying an additional 166 shares in the last quarter. Asset Dedication LLC raised its stake in shares of Estee Lauder Companies by 258.7% during the 2nd quarter. Asset Dedication LLC now owns 391 shares of the company’s stock worth $32,000 after buying an additional 282 shares during the last quarter. Golden State Wealth Management LLC boosted its position in shares of Estee Lauder Companies by 69.5% in the 2nd quarter. Golden State Wealth Management LLC now owns 512 shares of the company’s stock worth $41,000 after buying an additional 210 shares in the last quarter. Finally, Elevation Point Wealth Partners LLC purchased a new position in Estee Lauder Companies during the 2nd quarter valued at about $42,000. Hedge funds and other institutional investors own 55.15% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on EL shares. TD Cowen reduced their target price on Estee Lauder Companies from $130.00 to $115.00 and set a “hold” rating on the stock in a research note on Monday, February 9th. Wall Street Zen raised Estee Lauder Companies from a “hold” rating to a “buy” rating in a report on Saturday, January 17th. Barclays decreased their price objective on Estee Lauder Companies from $100.00 to $94.00 and set an “equal weight” rating on the stock in a research note on Monday, February 9th. Jefferies Financial Group started coverage on Estee Lauder Companies in a research report on Wednesday, January 14th. They set a “hold” rating and a $110.00 price objective for the company. Finally, Evercore upped their target price on shares of Estee Lauder Companies from $115.00 to $125.00 and gave the company an “outperform” rating in a report on Tuesday, December 16th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $103.36.

Check Out Our Latest Analysis on EL

Insider Activity at Estee Lauder Companies

In related news, VP Meridith Webster sold 5,430 shares of the business’s stock in a transaction that occurred on Tuesday, November 18th. The stock was sold at an average price of $87.84, for a total transaction of $476,971.20. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 13.05% of the company’s stock.

Estee Lauder Companies Stock Performance

Estee Lauder Companies stock opened at $108.03 on Friday. The company has a market cap of $38.93 billion, a price-to-earnings ratio of -216.06, a price-to-earnings-growth ratio of 1.19 and a beta of 1.14. The Estee Lauder Companies Inc. has a 12 month low of $48.37 and a 12 month high of $121.64. The company has a debt-to-equity ratio of 1.82, a current ratio of 1.36 and a quick ratio of 1.00. The stock’s 50-day moving average is $109.48 and its 200-day moving average is $97.90.

Estee Lauder Companies (NYSE:ELGet Free Report) last issued its earnings results on Thursday, February 5th. The company reported $0.89 EPS for the quarter, beating analysts’ consensus estimates of $0.84 by $0.05. Estee Lauder Companies had a negative net margin of 1.21% and a positive return on equity of 17.59%. The business had revenue of $4.23 billion for the quarter, compared to the consensus estimate of $4.22 billion. During the same quarter last year, the firm posted $0.62 EPS. The business’s revenue for the quarter was up 5.6% compared to the same quarter last year. Estee Lauder Companies has set its FY 2026 guidance at 2.030-2.230 EPS. Equities analysts anticipate 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, March 16th. Stockholders of record on Friday, February 27th will be paid a $0.35 dividend. The ex-dividend date is Friday, February 27th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.3%. Estee Lauder Companies’s dividend payout ratio (DPR) is -280.00%.

About Estee Lauder Companies

(Free Report)

Estée Lauder Companies Inc (NYSE: EL) is a global leader in prestige beauty that develops, manufactures and markets a broad portfolio of skincare, makeup, fragrance and hair care products. Founded in 1946 by Estée Lauder, the company has grown from a small family business into a multinational consumer-products enterprise headquartered in New York City. Its activities span product research and development, brand and product marketing, manufacturing and global distribution across multiple retail channels.

The company’s portfolio includes a mix of legacy and prestige brands that target different consumer segments and price points, with well-known names such as Estée Lauder, Clinique, MAC, La Mer and Jo Malone among others.

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Institutional Ownership by Quarter for Estee Lauder Companies (NYSE:EL)

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