The Estee Lauder Companies Inc. $EL Stock Holdings Increased by Illinois Municipal Retirement Fund

Illinois Municipal Retirement Fund grew its holdings in The Estee Lauder Companies Inc. (NYSE:EL) by 3.4% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 160,324 shares of the company’s stock after acquiring an additional 5,258 shares during the period. Illinois Municipal Retirement Fund’s holdings in Estee Lauder Companies were worth $14,873,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Lido Advisors LLC increased its position in Estee Lauder Companies by 21.3% during the third quarter. Lido Advisors LLC now owns 9,471 shares of the company’s stock worth $879,000 after buying an additional 1,662 shares during the last quarter. Keybank National Association OH lifted its position in shares of Estee Lauder Companies by 24.5% in the third quarter. Keybank National Association OH now owns 5,101 shares of the company’s stock worth $473,000 after buying an additional 1,003 shares during the last quarter. AlphaCore Capital LLC acquired a new stake in shares of Estee Lauder Companies in the third quarter worth about $224,000. Fulcrum Asset Management LLP lifted its position in shares of Estee Lauder Companies by 8,235.0% in the third quarter. Fulcrum Asset Management LLP now owns 130,192 shares of the company’s stock worth $12,286,000 after buying an additional 128,630 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its stake in shares of Estee Lauder Companies by 18.3% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 14,597 shares of the company’s stock worth $1,317,000 after acquiring an additional 2,254 shares in the last quarter. Institutional investors and hedge funds own 55.15% of the company’s stock.

Insider Activity at Estee Lauder Companies

In related news, Director Paul Fribourg sold 70,000 shares of the company’s stock in a transaction on Friday, November 6th. The shares were sold at an average price of $110.21, for a total transaction of $7,714,700.00. Following the completion of the transaction, the director directly owned 326,328 shares in the company, valued at $35,964,608.88. This represents a 17.66% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Barry Sternlicht sold 4,697 shares of the stock in a transaction on Friday, November 6th. The shares were sold at an average price of $108.63, for a total transaction of $510,235.11. Following the completion of the sale, the director directly owned 34,812 shares of the company’s stock, valued at approximately $3,781,627.56. This trade represents a 11.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 173,180 shares of company stock valued at $18,273,495 in the last 90 days. 11.54% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on EL shares. Wells Fargo & Company raised their price objective on Estee Lauder Companies from $95.00 to $110.00 and gave the company an “equal weight” rating in a research note on Tuesday, November 3rd. Daiwa Securities Group upped their target price on Estee Lauder Companies from $83.00 to $99.00 in a research report on Tuesday, August 25th. UBS Group upped their target price on Estee Lauder Companies from $104.00 to $112.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 3rd. Piper Sandler increased their price target on Estee Lauder Companies from $115.00 to $125.00 and gave the company an “overweight” rating in a report on Friday, October 23rd. Finally, Telsey Advisory Group lifted their price target on shares of Estee Lauder Companies from $90.00 to $108.00 and gave the company a “market perform” rating in a research report on Thursday, August 20th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $110.73.

Latest Estee Lauder Companies News

These are some of the EL news items that stood out recently:

• Positive Sentiment: Citigroup raised its price target to $132 from $121 and maintained a Buy rating, pointing to potential upside. Analysts also see improvement in Estée Lauder’s China business as support for its turnaround, sales growth and margins. Citigroup rating information Barron’s article on China and the turnaround
• Neutral Sentiment: Capri Holdings named Estée Lauder executive Justin Boxford as its next CEO, effective January 2027. The reports do not discuss how his departure may affect Estée Lauder. Reuters article on Capri’s CEO appointment
• Neutral Sentiment: Estée Lauder’s annual stockholder meeting is scheduled for November 17; no specific financial or strategic changes were noted in the announcement. Annual meeting notice

Estee Lauder Companies Price Performance

Shares of NYSE:EL opened at $112.43 on Thursday. The company has a market cap of $40.74 billion, a price-to-earnings ratio of 38.98, a PEG ratio of 1.52 and a beta of 1.23. The business has a 50 day moving average price of $101.39 and a 200 day moving average price of $91.65. The company has a quick ratio of 0.91, a current ratio of 1.25 and a debt-to-equity ratio of 1.67. The Estee Lauder Companies Inc. has a twelve month low of $66.22 and a twelve month high of $121.64.

Estee Lauder Companies (NYSE:EL) last posted its quarterly earnings data on Monday, November 2nd. The company reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.21. Estee Lauder Companies had a return on equity of 26.99% and a net margin of 2.41%. The company had revenue of $3.72 billion during the quarter, compared to analysts’ expectations of $3.65 billion. During the same period in the prior year, the business earned $0.32 earnings per share. Estee Lauder Companies’s revenue for the quarter was up 6.7% compared to the same quarter last year. Research analysts predict that The Estee Lauder Companies Inc. will post 3.43 earnings per share for the current year.

Estee Lauder Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Monday, November 30th will be given a dividend of $0.35 per share. The ex-dividend date of this dividend is Monday, November 30th. This represents a $1.40 dividend on an annualized basis and a yield of 1.2%. Estee Lauder Companies’s payout ratio is 140.00%.

About Estee Lauder Companies

The Estée Lauder Companies Inc. is a global prestige beauty company founded in 1946 by Estée and Joseph Lauder. Based in New York City, it develops, markets and sells beauty products under a portfolio of brands, including Estée Lauder, Clinique, M·A·C, La Mer, Aveda and Jo Malone London. The company’s products span skin care, makeup, fragrance and hair care. It reaches consumers through department stores, specialty retailers, its own stores and websites, and other online and travel-retail channels.