OLD National Bancorp IN Has $1.42 Million Stake in The Estee Lauder Companies Inc. $EL

OLD National Bancorp IN trimmed its stake in The Estee Lauder Companies Inc. (NYSE:EL) by 34.9% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 19,767 shares of the company’s stock after selling 10,598 shares during the quarter. OLD National Bancorp IN’s holdings in Estee Lauder Companies were worth $1,419,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in EL. Vanguard Group Inc. increased its stake in Estee Lauder Companies by 3.9% in the 4th quarter. Vanguard Group Inc. now owns 27,952,869 shares of the company’s stock valued at $2,927,224,000 after buying an additional 1,043,746 shares during the period. State Street Corp boosted its stake in shares of Estee Lauder Companies by 4.2% during the 4th quarter. State Street Corp now owns 11,585,782 shares of the company’s stock valued at $1,213,263,000 after buying an additional 467,195 shares during the period. Schroder Investment Management Group boosted its stake in shares of Estee Lauder Companies by 185.3% during the 4th quarter. Schroder Investment Management Group now owns 8,140,550 shares of the company’s stock valued at $861,596,000 after buying an additional 5,286,875 shares during the period. Independent Franchise Partners LLP grew its holdings in shares of Estee Lauder Companies by 1.1% during the 4th quarter. Independent Franchise Partners LLP now owns 7,837,249 shares of the company’s stock valued at $820,717,000 after acquiring an additional 83,857 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in shares of Estee Lauder Companies by 22.7% during the 4th quarter. Bank of New York Mellon Corp now owns 7,497,179 shares of the company’s stock valued at $785,105,000 after acquiring an additional 1,384,678 shares in the last quarter. 55.15% of the stock is currently owned by institutional investors and hedge funds.

Estee Lauder Companies Stock Down 1.3%

Estee Lauder Companies stock opened at $80.44 on Friday. The company has a current ratio of 1.27, a quick ratio of 0.94 and a debt-to-equity ratio of 1.71. The Estee Lauder Companies Inc. has a 1-year low of $66.22 and a 1-year high of $121.64. The firm’s fifty day simple moving average is $82.75 and its 200-day simple moving average is $93.69. The company has a market capitalization of $29.10 billion, a P/E ratio of -114.92, a P/E/G ratio of 0.83 and a beta of 1.26.

Estee Lauder Companies (NYSE:EL) last issued its quarterly earnings data on Friday, May 1st. The company reported $0.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.66 by $0.25. The firm had revenue of $3.71 billion during the quarter, compared to analysts’ expectations of $3.69 billion. Estee Lauder Companies had a negative net margin of 1.67% and a positive return on equity of 20.66%. Estee Lauder Companies’s revenue for the quarter was up 4.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.65 earnings per share. Estee Lauder Companies has set its FY 2026 guidance at 2.330-2.430 EPS. Sell-side analysts forecast that The Estee Lauder Companies Inc. will post 2.41 earnings per share for the current fiscal year.

Estee Lauder Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 29th were issued a dividend of $0.35 per share. The ex-dividend date of this dividend was Friday, May 29th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.7%. Estee Lauder Companies’s dividend payout ratio is currently -200.00%.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. The Goldman Sachs Group started coverage on shares of Estee Lauder Companies in a research note on Monday, June 22nd. They issued a “buy” rating and a $100.00 price target on the stock. Zacks Research raised Estee Lauder Companies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 12th. Wall Street Zen downgraded Estee Lauder Companies from a “buy” rating to a “hold” rating in a research note on Saturday, April 4th. Citigroup raised their price target on Estee Lauder Companies from $92.00 to $110.00 and gave the stock a “buy” rating in a research note on Friday, May 22nd. Finally, JPMorgan Chase & Co. lifted their price target on Estee Lauder Companies from $98.00 to $99.00 and gave the company an “overweight” rating in a report on Monday, May 4th. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $99.90.

About Estee Lauder Companies

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.