Evelyn Partners Investment Management Europe Ltd Cuts Stock Position in The Estee Lauder Companies Inc. $EL

Evelyn Partners Investment Management Europe Ltd cut its stake in shares of The Estee Lauder Companies Inc. (NYSE:EL) by 84.2% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 317 shares of the company’s stock after selling 1,693 shares during the period. Evelyn Partners Investment Management Europe Ltd’s holdings in Estee Lauder Companies were worth $26,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in EL. Invesco Ltd. raised its position in shares of Estee Lauder Companies by 21.9% during the 1st quarter. Invesco Ltd. now owns 6,681,785 shares of the company’s stock worth $440,998,000 after purchasing an additional 1,200,537 shares during the last quarter. American Century Companies Inc. raised its holdings in shares of Estee Lauder Companies by 34.9% during the first quarter. American Century Companies Inc. now owns 4,511,115 shares of the company’s stock valued at $297,734,000 after acquiring an additional 1,167,508 shares during the last quarter. Robeco Institutional Asset Management B.V. raised its holdings in shares of Estee Lauder Companies by 1,600.4% during the second quarter. Robeco Institutional Asset Management B.V. now owns 1,224,695 shares of the company’s stock valued at $98,955,000 after acquiring an additional 1,152,669 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in Estee Lauder Companies by 35.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 4,175,394 shares of the company’s stock valued at $337,372,000 after purchasing an additional 1,086,514 shares in the last quarter. Finally, Geode Capital Management LLC lifted its stake in shares of Estee Lauder Companies by 17.8% in the second quarter. Geode Capital Management LLC now owns 5,912,792 shares of the company’s stock worth $475,710,000 after buying an additional 892,631 shares in the last quarter. 55.15% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on EL shares. Telsey Advisory Group lifted their price objective on Estee Lauder Companies from $99.00 to $105.00 and gave the stock a “market perform” rating in a research report on Friday, October 31st. Citigroup lifted their price target on Estee Lauder Companies from $95.00 to $105.00 and gave the stock a “neutral” rating in a report on Friday, October 31st. Evercore ISI upped their price objective on shares of Estee Lauder Companies from $100.00 to $115.00 and gave the company an “outperform” rating in a report on Monday, September 15th. UBS Group lifted their target price on shares of Estee Lauder Companies from $93.00 to $105.00 and gave the stock a “neutral” rating in a research note on Friday, October 31st. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Estee Lauder Companies in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Estee Lauder Companies presently has a consensus rating of “Moderate Buy” and an average price target of $95.65.

Insider Activity

In other news, VP Meridith Webster sold 5,430 shares of the firm’s stock in a transaction on Tuesday, November 18th. The shares were sold at an average price of $87.84, for a total value of $476,971.20. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Lande Rashida La sold 6,417 shares of Estee Lauder Companies stock in a transaction on Thursday, August 28th. The stock was sold at an average price of $91.88, for a total transaction of $589,593.96. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 19,521 shares of company stock valued at $1,770,602. 13.05% of the stock is currently owned by company insiders.

Estee Lauder Companies Price Performance

Shares of NYSE EL opened at $89.89 on Friday. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.30 and a quick ratio of 0.92. The company has a market cap of $32.39 billion, a price-to-earnings ratio of -28.63, a price-to-earnings-growth ratio of 1.77 and a beta of 1.19. The stock’s 50-day moving average is $91.66 and its two-hundred day moving average is $84.52. 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 announced its quarterly earnings data on Thursday, October 30th. The company reported $0.32 EPS for the quarter, topping analysts’ consensus estimates of $0.15 by $0.17. Estee Lauder Companies had a positive return on equity of 12.37% and a negative net margin of 7.91%.The business had revenue of $3.48 billion during the quarter, compared to the consensus estimate of $3.38 billion. During the same period in the previous year, the company posted $0.14 earnings per share. The business’s revenue for the quarter was up 3.6% on a year-over-year basis. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. Analysts forecast that The Estee Lauder Companies Inc. will post 1.36 EPS for the current fiscal year.

Estee Lauder Companies Announces Dividend

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

Estee Lauder Companies 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.