Nykredit A S Invests $7.33 Million in The Estee Lauder Companies Inc. $EL

Nykredit A S purchased a new stake in shares of The Estee Lauder Companies Inc. (NYSE:EL) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 92,874 shares of the company’s stock, valued at approximately $7,332,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. REAP Financial Group LLC acquired a new position in Estee Lauder Companies during the fourth quarter worth $27,000. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna acquired a new stake in Estee Lauder Companies in the 4th quarter worth approximately $27,000. Trust Co. of Vermont acquired a new stake in Estee Lauder Companies in the 2nd quarter worth approximately $28,000. Kozak & Associates Inc. bought a new stake in Estee Lauder Companies during the second quarter worth approximately $30,000. Finally, DV Equities LLC bought a new stake in Estee Lauder Companies during the fourth quarter worth approximately $36,000. Institutional investors and hedge funds own 55.15% of the company’s stock.

Wall Street Analysts Forecast Growth

EL has been the subject of a number of analyst reports. Morgan Stanley boosted their price objective on shares of Estee Lauder Companies from $90.00 to $102.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 20th. Telsey Advisory Group raised their target price on shares of Estee Lauder Companies from $90.00 to $108.00 and gave the company a “market perform” rating in a research note on Thursday, August 20th. Jefferies Financial Group boosted their target price on shares of Estee Lauder Companies from $88.00 to $100.00 and gave the stock a “hold” rating in a research report on Thursday, August 20th. The Goldman Sachs Group upped their price target on shares of Estee Lauder Companies from $100.00 to $112.00 and gave the company a “buy” rating in a report on Thursday, August 20th. Finally, Weiss Ratings raised Estee Lauder Companies from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, August 21st. Two equities research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Estee Lauder Companies currently has an average rating of “Hold” and an average price target of $104.67.

Estee Lauder Companies Trading Up 2.9%

Shares of Estee Lauder Companies stock opened at $103.81 on Friday. The company’s fifty day simple moving average is $88.55 and its 200-day simple moving average is $86.37. The company has a market cap of $37.56 billion, a price-to-earnings ratio of 211.86, a PEG ratio of 1.20 and a beta of 1.28. The company has a current ratio of 1.22, a quick ratio of 0.90 and a debt-to-equity ratio of 1.79. The Estee Lauder Companies Inc. has a 1 year low of $66.22 and a 1 year high of $121.64.

Estee Lauder Companies (NYSE:EL) last released its earnings results on Wednesday, August 19th. The company reported $0.39 EPS for the quarter, beating the consensus estimate of $0.32 by $0.07. Estee Lauder Companies had a net margin of 1.21% and a return on equity of 23.52%. The firm had revenue of $3.64 billion during the quarter, compared to analysts’ expectations of $3.55 billion. During the same period in the prior year, the company earned $0.09 EPS. The business’s quarterly revenue was up 6.3% compared to the same quarter last year. Estee Lauder Companies has set its FY 2027 guidance at 3.100-3.350 EPS. As a group, sell-side analysts expect that The Estee Lauder Companies Inc. will post 3.3 EPS 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. Stockholders of record on Monday, August 31st will be given a dividend of $0.35 per share. The ex-dividend date of this dividend is Monday, August 31st. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.3%. Estee Lauder Companies’s dividend payout ratio is currently 285.71%.

Insider Buying and Selling at Estee Lauder Companies

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

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.