QV Investors Inc. increased its stake in shares of The Estee Lauder Companies Inc. (NYSE:EL – Free Report) by 29.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 108,620 shares of the company’s stock after buying an additional 24,390 shares during the quarter. QV Investors Inc.’s holdings in Estee Lauder Companies were worth $11,375,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Asset Dedication LLC lifted its stake in Estee Lauder Companies by 258.7% during the 2nd quarter. Asset Dedication LLC now owns 391 shares of the company’s stock valued at $32,000 after acquiring an additional 282 shares in the last quarter. Quent Capital LLC bought a new stake in shares of Estee Lauder Companies in the 3rd quarter worth $33,000. Hantz Financial Services Inc. raised its holdings in shares of Estee Lauder Companies by 80.6% in the third quarter. Hantz Financial Services Inc. now owns 372 shares of the company’s stock valued at $33,000 after purchasing an additional 166 shares during the last quarter. Kelleher Financial Advisors purchased a new stake in shares of Estee Lauder Companies in the third quarter valued at about $39,000. Finally, Deseret Mutual Benefit Administrators lifted its position in shares of Estee Lauder Companies by 37.6% during the third quarter. Deseret Mutual Benefit Administrators now owns 534 shares of the company’s stock valued at $47,000 after purchasing an additional 146 shares in the last quarter. 55.15% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
EL has been the topic of several analyst reports. Barclays cut their price target on shares of Estee Lauder Companies from $100.00 to $94.00 and set an “equal weight” rating on the stock in a report on Monday, February 9th. TD Cowen dropped their target price on shares of Estee Lauder Companies from $130.00 to $115.00 and set a “hold” rating on the stock in a research report on Monday, February 9th. Zacks Research downgraded Estee Lauder Companies from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 9th. Jefferies Financial Group assumed coverage on Estee Lauder Companies in a report on Wednesday, January 14th. They issued a “hold” rating and a $110.00 target price for the company. Finally, Wall Street Zen downgraded Estee Lauder Companies from a “buy” rating to a “hold” rating in a research report on Saturday. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Estee Lauder Companies presently has an average rating of “Hold” and an average target price of $102.76.
Estee Lauder Companies Stock Down 0.3%
Estee Lauder Companies stock opened at $68.93 on Friday. The Estee Lauder Companies Inc. has a twelve month low of $48.37 and a twelve month high of $121.64. The firm has a 50 day moving average price of $97.00 and a 200-day moving average price of $98.27. The company has a market capitalization of $24.93 billion, a P/E ratio of -137.85, a P/E/G ratio of 0.78 and a beta of 1.26. The company has a quick ratio of 1.00, a current ratio of 1.36 and a debt-to-equity ratio of 1.82.
Estee Lauder Companies (NYSE:EL – Get Free Report) last posted its quarterly earnings results on Thursday, February 5th. The company reported $0.89 EPS for the quarter, topping analysts’ consensus estimates of $0.84 by $0.05. Estee Lauder Companies had a negative net margin of 1.21% and a positive return on equity of 17.59%. The company had revenue of $4.23 billion for the quarter, compared to analysts’ expectations of $4.22 billion. During the same quarter in the previous year, the firm posted $0.62 EPS. Estee Lauder Companies’s revenue was up 5.6% on a year-over-year basis. Estee Lauder Companies has set its FY 2026 guidance at 2.030-2.230 EPS. As a group, equities analysts predict that The Estee Lauder Companies Inc. will post 1.36 EPS for the current year.
Estee Lauder Companies Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Friday, February 27th were given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend was Friday, February 27th. Estee Lauder Companies’s dividend payout ratio is currently -280.00%.
Estee Lauder Companies Profile
Estée Lauder Companies Inc (NYSE: EL) is a global leader in prestige beauty that develops, manufactures and markets a broad portfolio of skincare, makeup, fragrance and hair care products. Founded in 1946 by Estée Lauder, the company has grown from a small family business into a multinational consumer-products enterprise headquartered in New York City. Its activities span product research and development, brand and product marketing, manufacturing and global distribution across multiple retail channels.
The company’s portfolio includes a mix of legacy and prestige brands that target different consumer segments and price points, with well-known names such as Estée Lauder, Clinique, MAC, La Mer and Jo Malone among others.
Further Reading
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