Simon Quick Advisors LLC Buys New Position in The Estee Lauder Companies Inc. $EL

Simon Quick Advisors LLC bought a new stake in The Estee Lauder Companies Inc. (NYSE:ELFree Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 11,116 shares of the company’s stock, valued at approximately $898,000.

Several other hedge funds also recently made changes to their positions in EL. TD Private Client Wealth LLC lifted its position in shares of Estee Lauder Companies by 246.4% in the second quarter. TD Private Client Wealth LLC now owns 478 shares of the company’s stock worth $39,000 after purchasing an additional 340 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC increased its stake in Estee Lauder Companies by 1,182.1% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 500 shares of the company’s stock valued at $33,000 after buying an additional 461 shares during the last quarter. Ameritas Advisory Services LLC bought a new stake in Estee Lauder Companies during the 2nd quarter worth about $44,000. Winthrop Capital Management LLC lifted its position in Estee Lauder Companies by 2,240.0% during the 1st quarter. Winthrop Capital Management LLC now owns 585 shares of the company’s stock worth $39,000 after buying an additional 560 shares in the last quarter. Finally, Trust Co. of Toledo NA OH bought a new stake in Estee Lauder Companies during the 2nd quarter worth about $63,000. 55.15% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on EL shares. The Goldman Sachs Group raised Estee Lauder Companies from a “neutral” rating to a “buy” rating and lifted their target price for the company from $76.00 to $115.00 in a research report on Monday, October 13th. Royal Bank Of Canada upped their target price on Estee Lauder Companies from $107.00 to $113.00 and gave the stock an “outperform” rating in a report on Friday. Wells Fargo & Company upped their target price on Estee Lauder Companies from $90.00 to $95.00 and gave the stock an “equal weight” rating in a report on Friday. Citigroup upped their target price on Estee Lauder Companies from $95.00 to $105.00 and gave the stock a “neutral” rating in a report on Friday. Finally, UBS Group upped their target price on Estee Lauder Companies from $93.00 to $105.00 and gave the stock a “neutral” rating in a report on Friday. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $95.16.

Read Our Latest Report on Estee Lauder Companies

Estee Lauder Companies Price Performance

NYSE:EL opened at $96.82 on Friday. The company has a quick ratio of 0.92, a current ratio of 1.30 and a debt-to-equity ratio of 1.89. The stock’s 50 day moving average price is $91.68 and its two-hundred day moving average price is $81.16. The firm has a market capitalization of $34.84 billion, a price-to-earnings ratio of -30.83, a P/E/G ratio of 1.77 and a beta of 1.16. The Estee Lauder Companies Inc. has a 12-month low of $48.37 and a 12-month high of $104.53.

Estee Lauder Companies (NYSE:ELGet Free Report) last released its quarterly earnings data on Thursday, October 30th. The company reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.17. The firm had revenue of $3.48 billion for the quarter, compared to analyst estimates of $3.38 billion. Estee Lauder Companies had a positive return on equity of 12.37% and a negative net margin of 7.91%.The business’s revenue for the quarter was up 3.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.14 earnings per share. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. On average, 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 disclosed a quarterly dividend, which will be paid on Monday, December 15th. Shareholders of record on Friday, November 28th will be paid a $0.35 dividend. The ex-dividend date is Friday, November 28th. This represents a $1.40 annualized dividend and a yield of 1.4%. Estee Lauder Companies’s dividend payout ratio is currently -44.59%.

Insider Activity at Estee Lauder Companies

In other Estee Lauder Companies news, VP Lande Rashida La sold 6,417 shares of the company’s stock in a transaction that occurred on Thursday, August 28th. The stock was sold at an average price of $91.88, for a total value of $589,593.96. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Lynn Forester sold 3,702 shares of the company’s stock in a transaction that occurred on Friday, August 29th. The shares were sold at an average price of $91.65, for a total value of $339,288.30. Following the completion of the sale, the director owned 15,479 shares in the company, valued at $1,418,650.35. This represents a 19.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 13.05% of the stock is owned by corporate insiders.

Estee Lauder Companies Company Profile

(Free Report)

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.

See Also

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

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