Maryland State Retirement & Pension System Raises Stake in The Estee Lauder Companies Inc. $EL

Maryland State Retirement & Pension System grew its stake in shares of The Estee Lauder Companies Inc. (NYSE:EL) by 5.4% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,360 shares of the company’s stock after purchasing an additional 583 shares during the quarter. Maryland State Retirement & Pension System’s holdings in Estee Lauder Companies were worth $918,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Annis Gardner Whiting Capital Advisors LLC lifted its stake in Estee Lauder Companies by 1,182.1% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 500 shares of the company’s stock worth $33,000 after acquiring an additional 461 shares during the period. Winthrop Capital Management LLC lifted its stake in Estee Lauder Companies by 2,240.0% in the first quarter. Winthrop Capital Management LLC now owns 585 shares of the company’s stock worth $39,000 after acquiring an additional 560 shares during the period. TD Private Client Wealth LLC lifted its stake in Estee Lauder Companies by 246.4% in the second quarter. TD Private Client Wealth LLC now owns 478 shares of the company’s stock worth $39,000 after acquiring an additional 340 shares during the period. Golden State Wealth Management LLC lifted its stake in Estee Lauder Companies by 57.3% in the first quarter. Golden State Wealth Management LLC now owns 626 shares of the company’s stock worth $41,000 after acquiring an additional 228 shares during the period. Finally, CVA Family Office LLC lifted its stake in Estee Lauder Companies by 116.2% in the first quarter. CVA Family Office LLC now owns 668 shares of the company’s stock worth $44,000 after acquiring an additional 359 shares during the period. 55.15% of the stock is owned by hedge funds and other institutional investors.

Estee Lauder Companies Stock Performance

Shares of Estee Lauder Companies stock opened at $87.77 on Monday. The company has a market capitalization of $31.59 billion, a PE ratio of -27.95, a P/E/G ratio of 2.50 and a beta of 1.16. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.92 and a current ratio of 1.30. The company has a 50-day simple moving average of $89.40 and a two-hundred day simple moving average of $77.07. The Estee Lauder Companies Inc. has a one year low of $48.37 and a one year high of $97.44.

Estee Lauder Companies (NYSE:EL) last posted its quarterly earnings data on Wednesday, August 20th. The company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.02. Estee Lauder Companies had a negative net margin of 7.91% and a positive return on equity of 12.37%. The firm had revenue of $3.41 billion for the quarter, compared to the consensus estimate of $3.36 billion. During the same quarter in the prior year, the company posted $0.64 earnings per share. The company’s revenue for the quarter was down 11.9% compared to the same quarter last year. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. Research analysts expect that The Estee Lauder Companies Inc. will post 1.36 EPS for the current fiscal year.

Estee Lauder Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd were issued a dividend of $0.35 per share. The ex-dividend date was Tuesday, September 2nd. This represents a $1.40 annualized dividend and a dividend yield of 1.6%. Estee Lauder Companies’s dividend payout ratio is -44.59%.

Insider Buying and Selling at Estee Lauder Companies

In related news, VP Lande Rashida La sold 6,417 shares of the company’s stock in a transaction on Thursday, August 28th. The stock was sold at an average price of $91.88, for a total value of $589,593.96. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Lynn Forester sold 3,702 shares of the company’s stock in a transaction on Friday, August 29th. The shares were sold at an average price of $91.65, for a total value of $339,288.30. Following the completion of the transaction, the director directly owned 15,479 shares in the company, valued at approximately $1,418,650.35. The trade was a 19.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 13.05% of the company’s stock.

Wall Street Analysts Forecast Growth

EL has been the subject of a number of research reports. HSBC raised shares of Estee Lauder Companies from a “hold” rating to a “buy” rating and upped their price objective for the stock from $80.00 to $99.00 in a research note on Friday, June 27th. Wells Fargo & Company upped their price objective on shares of Estee Lauder Companies from $60.00 to $90.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 9th. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $99.00 price objective on shares of Estee Lauder Companies in a research note on Wednesday, August 20th. JPMorgan Chase & Co. boosted their target price on shares of Estee Lauder Companies from $99.00 to $114.00 and gave the stock an “overweight” rating in a report on Friday. Finally, Canaccord Genuity Group boosted their target price on shares of Estee Lauder Companies from $62.00 to $85.00 and gave the stock a “hold” rating in a report on Monday, August 18th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $89.30.

Estee Lauder Companies Company Profile

The Estée Lauder Companies Inc manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. It offers skin care products, including moisturizers, serums, cleansers, toners, body care, exfoliators, acne care and oil correctors, facial masks, and sun care products; and makeup products, such as lipsticks, lip glosses, mascaras, foundations, eyeshadows, and powders, as well as compacts, brushes, and other makeup tools.