Ninety One UK Ltd Buys 1,450,367 Shares of The Estee Lauder Companies Inc. $EL

Ninety One UK Ltd bought a new stake in The Estee Lauder Companies Inc. (NYSE:EL) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,450,367 shares of the company’s stock, valued at approximately $134,551,000.

Other large investors also recently made changes to their positions in the company. Ninety One SA Pty Ltd bought a new stake in Estee Lauder Companies in the 3rd quarter worth about $154,000. Ninety One North America Inc. purchased a new stake in Estee Lauder Companies in the 3rd quarter valued at about $2,270,000. Mather Group LLC. increased its stake in Estee Lauder Companies by 228.6% in the 3rd quarter. Mather Group LLC. now owns 4,331 shares of the company’s stock valued at $402,000 after buying an additional 3,013 shares during the last quarter. Sax Wealth Advisors LLC bought a new position in shares of Estee Lauder Companies during the 3rd quarter worth approximately $491,000. Finally, NorthCrest Asset Manangement LLC bought a new position in shares of Estee Lauder Companies during the 3rd quarter worth approximately $202,000. 55.15% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on EL shares. Weiss Ratings upgraded Estee Lauder Companies from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday, August 21st. China Intl Cap raised Estee Lauder Companies to a “strong-buy” rating in a research report on Sunday, August 30th. Wall Street Zen downgraded Estee Lauder Companies from a “buy” rating to a “hold” rating in a research report on Saturday, September 26th. Jefferies Financial Group lifted their price target on Estee Lauder Companies from $88.00 to $100.00 and gave the stock a “hold” rating in a report on Thursday, August 20th. Finally, UBS Group boosted their price objective on Estee Lauder Companies from $86.00 to $106.00 and gave the stock a “neutral” rating in a research report on Thursday, August 20th. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $105.24.

Insider Transactions at Estee Lauder Companies

In related news, Director Charlene Barshefsky sold 3,775 shares of the firm’s stock in a transaction that occurred on Wednesday, September 9th. The shares were sold at an average price of $98.82, for a total value of $373,045.50. Following the completion of the transaction, the director directly owned 50,971 shares of the company’s stock, valued at approximately $5,036,954.22. This trade represents a 6.90% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Rashida La Lande sold 7,766 shares of the firm’s stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $103.32, for a total transaction of $802,383.12. Following the completion of the transaction, the vice president directly owned 14,357 shares of the company’s stock, valued at approximately $1,483,365.24. This trade represents a 35.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 75,105 shares of company stock worth $7,423,185 over the last quarter. Corporate insiders own 11.54% of the company’s stock.

Estee Lauder Companies Stock Performance

Shares of EL stock traded up $4.78 on Thursday, hitting $106.36. 1,252,925 shares of the stock were exchanged, compared to its average volume of 3,783,925. The company has a current ratio of 1.22, a quick ratio of 0.90 and a debt-to-equity ratio of 1.79. The firm has a market capitalization of $38.48 billion, a PE ratio of 216.51, a P/E/G ratio of 1.16 and a beta of 1.27. The Estee Lauder Companies Inc. has a one year low of $66.22 and a one year high of $121.64. The firm’s 50 day moving average is $96.12 and its two-hundred day moving average is $86.37.

Estee Lauder Companies (NYSE:EL) last announced its quarterly earnings data on Wednesday, August 19th. The company reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.32 by $0.07. Estee Lauder Companies had a return on equity of 23.52% and a net margin of 1.21%. The company had revenue of $3.64 billion during the quarter, compared to analyst estimates of $3.55 billion. During the same quarter last year, the firm posted $0.09 EPS. The firm’s revenue for the quarter was up 6.3% on a year-over-year basis. Estee Lauder Companies has set its FY 2027 guidance at 3.100-3.350 EPS. Sell-side analysts expect that The Estee Lauder Companies Inc. will post 3.31 earnings per share for the current fiscal year.

Estee Lauder Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st were paid a $0.35 dividend. The ex-dividend date was Monday, August 31st. This represents a $1.40 annualized dividend and a dividend yield of 1.3%. Estee Lauder Companies’s dividend payout ratio (DPR) is presently 285.71%.

About Estee Lauder Companies

The Estée Lauder Companies Inc (NYSE: EL) is a global beauty company that develops, markets and sells prestige skincare, makeup, fragrance and hair care products. Its portfolio includes brands such as Estée Lauder, Clinique, La Mer, MAC, Bobbi Brown, Jo Malone London, Aveda, The Ordinary and Tom Ford Beauty.

The company’s products are distributed through department stores, specialty retailers, freestanding stores, e-commerce platforms, travel retail outlets and other channels. Estée Lauder serves consumers in numerous markets across the Americas, Europe, the Middle East and Africa, and the Asia-Pacific region.

Estée Lauder was founded in 1946 by Estée Lauder and her husband, Joseph Lauder, beginning with a small collection of skincare products.