The Estee Lauder Companies Inc. $EL Stock Holdings Lifted by Legal & General Group Plc

Legal & General Group Plc grew its position in The Estee Lauder Companies Inc. (NYSE:EL) by 7.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,637,650 shares of the company’s stock after purchasing an additional 114,086 shares during the period. Legal & General Group Plc’s holdings in Estee Lauder Companies were worth $132,322,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in EL. TD Private Client Wealth LLC increased its holdings in 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 buying an additional 340 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC grew its position in Estee Lauder Companies by 1,182.1% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 500 shares of the company’s stock worth $33,000 after acquiring an additional 461 shares in the last quarter. Golden State Wealth Management LLC increased its stake in shares of Estee Lauder Companies by 69.5% during the 2nd quarter. Golden State Wealth Management LLC now owns 512 shares of the company’s stock worth $41,000 after purchasing an additional 210 shares during the last quarter. Ameritas Advisory Services LLC bought a new position in shares of Estee Lauder Companies during the 2nd quarter valued at $44,000. Finally, Trust Co. of Toledo NA OH acquired a new stake in shares of Estee Lauder Companies in the 2nd quarter valued at $63,000. 55.15% of the stock is currently owned by institutional investors and hedge funds.

Estee Lauder Companies Stock Up 3.9%

Shares of EL stock opened at $93.44 on Tuesday. The Estee Lauder Companies Inc. has a 12 month low of $48.37 and a 12 month high of $104.53. 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 firm has a market cap of $33.67 billion, a PE ratio of -29.76, a price-to-earnings-growth ratio of 1.77 and a beta of 1.19. The stock has a 50 day moving average of $91.78 and a 200-day moving average of $85.11.

Estee Lauder Companies (NYSE:EL) last announced its earnings results on Thursday, October 30th. The company reported $0.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.15 by $0.17. Estee Lauder Companies had a negative net margin of 7.91% and a positive return on equity of 12.37%. The business had revenue of $3.48 billion for the quarter, compared to analyst estimates of $3.38 billion. During the same quarter in the previous year, the firm posted $0.14 earnings per share. Estee Lauder Companies’s revenue was up 3.6% compared to the same quarter last year. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. On average, equities analysts predict that The Estee Lauder Companies Inc. will post 1.36 EPS for the current year.

Estee Lauder Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 15th. Stockholders of record on Friday, November 28th will be given a dividend of $0.35 per share. The ex-dividend date of this dividend is Friday, November 28th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.5%. Estee Lauder Companies’s dividend payout ratio is currently -54.26%.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. UBS Group raised their target price on Estee Lauder Companies from $93.00 to $105.00 and gave the company a “neutral” rating in a report on Friday, October 31st. Citigroup raised their price objective on Estee Lauder Companies from $95.00 to $105.00 and gave the company a “neutral” rating in a research note on Friday, October 31st. Canaccord Genuity Group upped their target price on Estee Lauder Companies from $85.00 to $100.00 and gave the stock a “hold” rating in a research report on Monday, October 27th. Evercore ISI increased their price target on Estee Lauder Companies from $100.00 to $115.00 and gave the company an “outperform” rating in a report on Monday, September 15th. Finally, Argus upgraded shares of Estee Lauder Companies from a “hold” rating to a “buy” rating and set a $105.00 price objective for the company in a research note on Tuesday, November 11th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Estee Lauder Companies currently has a consensus rating of “Moderate Buy” and an average price target of $95.65.

Insider Activity at Estee Lauder Companies

In other Estee Lauder Companies news, Director Barry S. Sternlicht sold 3,972 shares of the company’s stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $91.83, for a total value of $364,748.76. Following the completion of the transaction, the director owned 34,812 shares of the company’s stock, valued at $3,196,785.96. This represents a 10.24% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Lande Rashida La sold 6,417 shares of the firm’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 disclosure for this sale is available in the SEC filing. Insiders have sold a total of 19,521 shares of company stock worth $1,770,602 in the last three months. Corporate 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.