Quantitative Investment Management LLC Decreases Holdings in The Estee Lauder Companies Inc. $EL

Quantitative Investment Management LLC decreased its holdings in The Estee Lauder Companies Inc. (NYSE:EL) by 26.5% in the second quarter, Holdings Channel reports. The fund owned 14,454 shares of the company’s stock after selling 5,206 shares during the quarter. Quantitative Investment Management LLC’s holdings in Estee Lauder Companies were worth $1,141,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. REAP Financial Group LLC bought a new stake in shares of Estee Lauder Companies in the 4th quarter valued at approximately $27,000. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna purchased a new position in shares of Estee Lauder Companies in the 4th quarter worth approximately $27,000. Trust Co. of Vermont bought a new position in shares of Estee Lauder Companies during the 2nd quarter valued at approximately $28,000. Kozak & Associates Inc. bought a new position in shares of Estee Lauder Companies during the 2nd quarter valued at approximately $30,000. Finally, DV Equities LLC purchased a new stake in Estee Lauder Companies during the 4th quarter valued at $36,000. Hedge funds and other institutional investors own 55.15% of the company’s stock.

Estee Lauder Companies Stock Performance

EL stock opened at $102.44 on Tuesday. The Estee Lauder Companies Inc. has a twelve month low of $66.22 and a twelve month high of $121.64. The firm has a market cap of $37.06 billion, a price-to-earnings ratio of 209.06, a PEG ratio of 0.97 and a beta of 1.25. The business’s fifty day simple moving average is $87.02 and its two-hundred day simple moving average is $86.37. The company has a quick ratio of 0.90, a current ratio of 1.22 and a debt-to-equity ratio of 1.79.

Estee Lauder Companies (NYSE:EL) last issued its earnings results on Wednesday, August 19th. The company reported $0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.32 by $0.07. The firm had revenue of $3.64 billion during the quarter, compared to analyst estimates of $3.55 billion. Estee Lauder Companies had a net margin of 1.21% and a return on equity of 23.52%. The business’s revenue was up 6.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.09 earnings per share. Estee Lauder Companies has set its FY 2027 guidance at 3.100-3.350 EPS. Analysts predict that The Estee Lauder Companies Inc. will post 3.3 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 Tuesday, September 15th. Shareholders of record on Monday, August 31st will be given a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Monday, August 31st. Estee Lauder Companies’s payout ratio is 285.71%.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on EL shares. Wells Fargo & Company raised their price target on Estee Lauder Companies from $85.00 to $104.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 20th. Barclays boosted their price objective on shares of Estee Lauder Companies from $80.00 to $97.00 and gave the company an “equal weight” rating in a research report on Friday, August 21st. Weiss Ratings upgraded shares of Estee Lauder Companies from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, August 21st. Canaccord Genuity Group lifted their price target on shares of Estee Lauder Companies from $85.00 to $90.00 and gave the stock a “hold” rating in a research note on Thursday, August 20th. Finally, UBS Group upped their price target on shares of Estee Lauder Companies from $86.00 to $106.00 and gave the company a “neutral” rating in a report on Thursday, August 20th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $104.67.

Insider Transactions at Estee Lauder Companies

In other Estee Lauder Companies news, VP Lande Rashida La sold 7,766 shares of the company’s stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $103.32, for a total value of $802,383.12. Following the transaction, the vice president directly owned 14,357 shares in the company, valued at $1,483,365.24. This represents a 35.10% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 13.05% of the stock is currently owned by company insiders.

Estee Lauder Companies Company Profile

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.