Strs Ohio Reduces Stake in The Estee Lauder Companies Inc. $EL

Strs Ohio lowered its holdings in The Estee Lauder Companies Inc. (NYSE:ELFree Report) by 4.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 181,861 shares of the company’s stock after selling 9,009 shares during the quarter. Strs Ohio’s holdings in Estee Lauder Companies were worth $13,052,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. REAP Financial Group LLC purchased a new stake in Estee Lauder Companies in the fourth quarter valued at $27,000. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna purchased a new position in shares of Estee Lauder Companies during the 4th quarter valued at about $27,000. Flagship Harbor Advisors LLC acquired a new position in shares of Estee Lauder Companies in the 4th quarter valued at about $32,000. N.E.W. Advisory Services LLC lifted its holdings in shares of Estee Lauder Companies by 39.1% in the 4th quarter. N.E.W. Advisory Services LLC now owns 324 shares of the company’s stock valued at $34,000 after buying an additional 91 shares during the period. Finally, DV Equities LLC purchased a new stake in shares of Estee Lauder Companies in the fourth quarter worth about $36,000. 55.15% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms recently commented on EL. Wall Street Zen lowered Estee Lauder Companies from a “buy” rating to a “hold” rating in a report on Saturday, April 4th. Telsey Advisory Group decreased their price target on Estee Lauder Companies from $105.00 to $90.00 and set a “market perform” rating for the company in a report on Monday, May 4th. Citigroup upped their price objective on Estee Lauder Companies from $92.00 to $110.00 and gave the stock a “buy” rating in a research report on Friday, May 22nd. Zacks Research raised shares of Estee Lauder Companies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 12th. Finally, UBS Group lifted their target price on shares of Estee Lauder Companies from $75.00 to $85.00 and gave the company a “neutral” rating in a report on Monday, May 4th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $99.90.

Check Out Our Latest Report on EL

Estee Lauder Companies Price Performance

Shares of Estee Lauder Companies stock opened at $83.84 on Friday. The company has a quick ratio of 0.94, a current ratio of 1.27 and a debt-to-equity ratio of 1.71. The Estee Lauder Companies Inc. has a twelve month low of $66.22 and a twelve month high of $121.64. The business has a 50-day moving average price of $83.28 and a 200 day moving average price of $92.88. The firm has a market cap of $30.33 billion, a PE ratio of -119.77, a P/E/G ratio of 0.65 and a beta of 1.27.

Estee Lauder Companies (NYSE:ELGet Free Report) last released its quarterly earnings results on Friday, May 1st. The company reported $0.91 earnings per share for the quarter, topping analysts’ consensus estimates of $0.66 by $0.25. The company had revenue of $3.71 billion during the quarter, compared to analysts’ expectations of $3.69 billion. Estee Lauder Companies had a positive return on equity of 20.66% and a negative net margin of 1.67%.Estee Lauder Companies’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.65 EPS. Estee Lauder Companies has set its FY 2026 guidance at 2.330-2.430 EPS. Sell-side analysts predict that The Estee Lauder Companies Inc. will post 2.41 earnings per share for the current fiscal year.

Estee Lauder Companies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 29th were paid a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend was Friday, May 29th. Estee Lauder Companies’s dividend payout ratio is presently -200.00%.

About Estee Lauder Companies

(Free Report)

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.

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Institutional Ownership by Quarter for Estee Lauder Companies (NYSE:EL)

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