The Estee Lauder Companies Inc. $EL Shares Sold by Highland Capital Management LLC

Highland Capital Management LLC reduced its holdings in shares of The Estee Lauder Companies Inc. (NYSE:EL) by 5.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 21,000 shares of the company’s stock after selling 1,308 shares during the quarter. Highland Capital Management LLC’s holdings in Estee Lauder Companies were worth $1,697,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in EL. Invesco Ltd. grew its holdings in 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 acquiring an additional 1,200,537 shares in the last quarter. American Century Companies Inc. grew its stake in Estee Lauder Companies by 34.9% in the first quarter. American Century Companies Inc. now owns 4,511,115 shares of the company’s stock worth $297,734,000 after purchasing an additional 1,167,508 shares in the last quarter. Robeco Institutional Asset Management B.V. increased its holdings in Estee Lauder Companies by 1,600.4% in 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 buying an additional 1,152,669 shares during the last quarter. Nuveen LLC bought a new stake in Estee Lauder Companies in the first quarter valued at about $35,607,000. Finally, Price T Rowe Associates Inc. MD raised its stake in Estee Lauder Companies by 133.5% during the first quarter. Price T Rowe Associates Inc. MD now owns 781,341 shares of the company’s stock valued at $51,570,000 after buying an additional 446,662 shares in the last quarter. Institutional investors own 55.15% of the company’s stock.

Estee Lauder Companies Trading Down 0.8%

Shares of NYSE:EL opened at $88.09 on Monday. The company has a market cap of $31.70 billion, a PE ratio of -28.05, a P/E/G ratio of 2.52 and a beta of 1.16. The company’s 50-day moving average price is $89.47 and its 200 day moving average price is $76.20. The Estee Lauder Companies Inc. has a fifty-two week low of $48.37 and a fifty-two week high of $97.44. The company has a quick ratio of 0.92, a current ratio of 1.30 and a debt-to-equity ratio of 1.89.

Estee Lauder Companies (NYSE:EL) last posted its earnings results on Wednesday, August 20th. The company reported $0.09 EPS for the quarter, topping 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 during the quarter, compared to analysts’ expectations of $3.36 billion. During the same quarter in the prior year, the firm earned $0.64 EPS. Estee Lauder Companies’s quarterly revenue was down 11.9% on a year-over-year basis. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. Sell-side analysts anticipate that The Estee Lauder Companies Inc. will post 1.36 earnings per share for the current year.

Estee Lauder Companies Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on EL shares. Barclays boosted their price target on Estee Lauder Companies from $63.00 to $84.00 and gave the company an “equal weight” rating in a report on Tuesday, July 15th. HSBC raised shares of Estee Lauder Companies from a “hold” rating to a “buy” rating and increased their target price for the stock from $80.00 to $99.00 in a report on Friday, June 27th. Citigroup lifted their price target on shares of Estee Lauder Companies from $60.00 to $99.00 and gave the company a “neutral” rating in a report on Tuesday, July 15th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Estee Lauder Companies in a research report on Saturday, September 27th. Finally, Wall Street Zen cut shares of Estee Lauder Companies from a “hold” rating to a “sell” rating in a report on Friday, August 22nd. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Estee Lauder Companies currently has a consensus rating of “Hold” and a consensus price target of $88.55.

Insiders Place Their Bets

In related news, VP Lande Rashida La sold 6,417 shares of the company’s stock in a transaction dated Thursday, August 28th. The shares were 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 Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Lynn Forester sold 3,702 shares of the firm’s stock in a transaction dated Friday, August 29th. The shares were sold at an average price of $91.65, for a total transaction of $339,288.30. Following 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 position. The disclosure for this sale can be found here. Insiders own 13.05% of the company’s stock.

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.