Vise Technologies Inc. Takes $236,000 Position in The Estee Lauder Companies Inc. $EL

Vise Technologies Inc. bought a new position in shares of The Estee Lauder Companies Inc. (NYSE:EL) in the second quarter, HoldingsChannel reports. The firm bought 2,918 shares of the company’s stock, valued at approximately $236,000.

Several other hedge funds have also recently bought and sold shares of EL. Envestnet Asset Management Inc. raised its holdings in shares of Estee Lauder Companies by 16.1% during the first quarter. Envestnet Asset Management Inc. now owns 140,295 shares of the company’s stock worth $9,259,000 after acquiring an additional 19,506 shares during the period. CWM LLC increased its holdings in Estee Lauder Companies by 22.2% during the 1st quarter. CWM LLC now owns 6,605 shares of the company’s stock worth $436,000 after purchasing an additional 1,200 shares in the last quarter. Private Advisor Group LLC bought a new position in Estee Lauder Companies during the 1st quarter worth about $692,000. Kestra Private Wealth Services LLC raised its stake in shares of Estee Lauder Companies by 20.8% in the 1st quarter. Kestra Private Wealth Services LLC now owns 3,551 shares of the company’s stock valued at $234,000 after purchasing an additional 612 shares during the period. Finally, Choreo LLC lifted its holdings in shares of Estee Lauder Companies by 16.2% in the first quarter. Choreo LLC now owns 19,271 shares of the company’s stock valued at $1,272,000 after purchasing an additional 2,680 shares in the last quarter. 55.15% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the company. Telsey Advisory Group lifted their target price on Estee Lauder Companies from $99.00 to $105.00 and gave the company a “market perform” rating in a research report on Friday, October 31st. Argus upgraded shares of Estee Lauder Companies from a “hold” rating to a “buy” rating and set a $105.00 price objective on the stock in a report on Tuesday, November 11th. JPMorgan Chase & Co. increased their target price on shares of Estee Lauder Companies from $114.00 to $116.00 and gave the stock an “overweight” rating in a report on Friday, October 31st. UBS Group lifted their price target on shares of Estee Lauder Companies from $93.00 to $105.00 and gave the company a “neutral” rating in a research note on Friday, October 31st. Finally, Royal Bank Of Canada increased their price objective on shares of Estee Lauder Companies from $107.00 to $113.00 and gave the stock an “outperform” rating in a research note on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $95.65.

Insider Buying and Selling at Estee Lauder Companies

In related news, VP Lande Rashida La sold 6,417 shares of the business’s stock in a transaction that occurred on Thursday, August 28th. The stock was sold at an average price of $91.88, for a total transaction of $589,593.96. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Lynn Forester sold 3,702 shares of the 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 sale, the director owned 15,479 shares in the company, valued at approximately $1,418,650.35. This trade represents a 19.30% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 14,091 shares of company stock worth $1,293,631 over the last 90 days. Company insiders own 13.05% of the company’s stock.

Estee Lauder Companies Stock Performance

NYSE EL opened at $86.18 on Tuesday. The firm has a market capitalization of $31.05 billion, a P/E ratio of -27.44, a price-to-earnings-growth ratio of 1.77 and a beta of 1.19. The company has a current ratio of 1.30, a quick ratio of 0.92 and a debt-to-equity ratio of 1.89. The firm’s fifty day moving average price is $91.58 and its two-hundred day moving average price is $84.06. The Estee Lauder Companies Inc. has a 1 year low of $48.37 and a 1 year high of $104.53.

Estee Lauder Companies (NYSE:EL) last released its quarterly earnings data on Thursday, October 30th. The company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.17. The company had revenue of $3.48 billion for the quarter, compared to analyst estimates of $3.38 billion. Estee Lauder Companies had a negative net margin of 7.91% and a positive return on equity of 12.37%. Estee Lauder Companies’s revenue for the quarter was up 3.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.14 EPS. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. As a group, research analysts anticipate that The Estee Lauder Companies Inc. will post 1.36 EPS for the current year.

Estee Lauder Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 15th. Shareholders of record on Friday, November 28th will be given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend is Friday, November 28th. Estee Lauder Companies’s payout ratio is -54.26%.

About Estee Lauder Companies

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.