The Estee Lauder Companies Inc. $EL Shares Sold by Truist Financial Corp

Truist Financial Corp trimmed its holdings in The Estee Lauder Companies Inc. (NYSE:EL) by 8.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,018 shares of the company’s stock after selling 1,233 shares during the quarter. Truist Financial Corp’s holdings in Estee Lauder Companies were worth $1,133,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the business. Signaturefd LLC boosted its position in shares of Estee Lauder Companies by 9.3% in the 2nd quarter. Signaturefd LLC now owns 1,815 shares of the company’s stock worth $147,000 after buying an additional 154 shares in the last quarter. Horizon Investments LLC lifted its holdings in Estee Lauder Companies by 5.1% in the 1st quarter. Horizon Investments LLC now owns 3,351 shares of the company’s stock valued at $221,000 after purchasing an additional 164 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd lifted its holdings in shares of Estee Lauder Companies by 0.7% during the 1st quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 24,633 shares of the company’s stock worth $1,626,000 after acquiring an additional 171 shares during the period. HB Wealth Management LLC lifted its holdings in shares of Estee Lauder Companies by 5.6% during the 2nd quarter. HB Wealth Management LLC now owns 3,416 shares of the company’s stock worth $276,000 after acquiring an additional 180 shares during the period. Finally, DAVENPORT & Co LLC lifted its holdings in shares of Estee Lauder Companies by 5.1% during the 1st quarter. DAVENPORT & Co LLC now owns 3,796 shares of the company’s stock worth $251,000 after acquiring an additional 185 shares during the period. 55.15% of the stock is owned by institutional investors and hedge funds.

Estee Lauder Companies Stock Performance

Shares of EL opened at $87.77 on Monday. The business’s fifty day moving average price is $89.40 and its 200 day moving average price is $77.07. The Estee Lauder Companies Inc. has a 12-month low of $48.37 and a 12-month high of $97.44. The stock has a market capitalization of $31.59 billion, a PE ratio of -27.95, a price-to-earnings-growth ratio of 2.50 and a beta of 1.16. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.30 and a quick ratio of 0.92.

Estee Lauder Companies (NYSE:EL) last announced its quarterly earnings data on Wednesday, August 20th. The company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.02. Estee Lauder Companies had a positive return on equity of 12.37% and a negative net margin of 7.91%.The firm had revenue of $3.41 billion for the quarter, compared to analysts’ expectations of $3.36 billion. During the same period last year, the business posted $0.64 earnings per share. The firm’s revenue for the quarter 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. Equities research analysts forecast that The Estee Lauder Companies Inc. will post 1.36 EPS for the current year.

Estee Lauder Companies Dividend Announcement

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

Analyst Ratings Changes

EL has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Estee Lauder Companies from $98.00 to $100.00 and gave the stock a “buy” rating in a report on Thursday, August 21st. Wells Fargo & Company increased their target price on shares of Estee Lauder Companies from $60.00 to $90.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 9th. UBS Group increased their price objective on shares of Estee Lauder Companies from $62.00 to $93.00 and gave the stock a “neutral” rating in a research report on Thursday, July 17th. HSBC raised shares of Estee Lauder Companies from a “hold” rating to a “buy” rating and increased their price objective for the company from $80.00 to $99.00 in a research report on Friday, June 27th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Estee Lauder Companies from $99.00 to $114.00 and gave the company an “overweight” rating in a research report on Friday. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $89.30.

Insider Buying and Selling at Estee Lauder Companies

In other Estee Lauder Companies news, Director Lynn Forester sold 3,702 shares of the firm’s stock in a transaction on Friday, August 29th. The stock was sold at an average price of $91.65, for a total value of $339,288.30. Following the sale, the director directly owned 15,479 shares in the company, valued at approximately $1,418,650.35. This trade represents a 19.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, VP Lande Rashida La sold 6,417 shares of the firm’s stock in a transaction on Thursday, August 28th. The shares were sold at an average price of $91.88, for a total value of $589,593.96. The disclosure for this sale can be found here. Company insiders own 13.05% of the company’s stock.

Estee Lauder Companies Company 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.