OLD National Bancorp IN decreased its position in shares of The Estee Lauder Companies Inc. (NYSE:EL – Free Report) by 34.9% in the first quarter, Holdings Channel reports. The fund owned 19,767 shares of the company’s stock after selling 10,598 shares during the period. OLD National Bancorp IN’s holdings in Estee Lauder Companies were worth $1,419,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds also recently bought and sold shares of the company. Prime Capital Investment Advisors LLC lifted its position in shares of Estee Lauder Companies by 3.2% during the 4th quarter. Prime Capital Investment Advisors LLC now owns 2,823 shares of the company’s stock worth $296,000 after purchasing an additional 88 shares during the last quarter. N.E.W. Advisory Services LLC lifted its holdings in shares of Estee Lauder Companies by 39.1% during the fourth quarter. N.E.W. Advisory Services LLC now owns 324 shares of the company’s stock worth $34,000 after buying an additional 91 shares during the last quarter. New Mexico Educational Retirement Board lifted its holdings in shares of Estee Lauder Companies by 0.9% during the fourth quarter. New Mexico Educational Retirement Board now owns 10,724 shares of the company’s stock worth $1,123,000 after buying an additional 100 shares during the last quarter. Greenleaf Trust boosted its position in shares of Estee Lauder Companies by 3.2% in the fourth quarter. Greenleaf Trust now owns 3,579 shares of the company’s stock valued at $375,000 after acquiring an additional 110 shares during the period. Finally, Allworth Financial LP boosted its position in shares of Estee Lauder Companies by 6.6% in the fourth quarter. Allworth Financial LP now owns 1,789 shares of the company’s stock valued at $187,000 after acquiring an additional 110 shares during the period. 55.15% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
EL has been the topic of a number of research reports. The Goldman Sachs Group initiated coverage on shares of Estee Lauder Companies in a research report on Monday, June 22nd. They set a “buy” rating and a $100.00 target price on the stock. Barclays raised their price target on shares of Estee Lauder Companies from $72.00 to $75.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 5th. Zacks Research upgraded shares of Estee Lauder Companies from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 12th. Wall Street Zen lowered shares of Estee Lauder Companies from a “buy” rating to a “hold” rating in a research report on Saturday, April 4th. Finally, Sanford C. Bernstein assumed coverage on Estee Lauder Companies in a research report on Friday, June 12th. They set a “market perform” rating and a $82.00 target price on the stock. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Estee Lauder Companies has a consensus rating of “Moderate Buy” and a consensus target price of $99.90.
Estee Lauder Companies Price Performance
NYSE:EL opened at $80.44 on Friday. The company has a 50-day moving average of $82.75 and a 200-day moving average of $93.69. The company has a market capitalization of $29.10 billion, a price-to-earnings ratio of -114.92, a PEG ratio of 0.83 and a beta of 1.26. The Estee Lauder Companies Inc. has a 52 week low of $66.22 and a 52 week high of $121.64. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.94 and a current ratio of 1.27.
Estee Lauder Companies (NYSE:EL – Get Free Report) last posted its earnings results on Friday, May 1st. The company reported $0.91 earnings per share for the quarter, beating analysts’ consensus estimates of $0.66 by $0.25. The business had revenue of $3.71 billion for the quarter, compared to analysts’ expectations of $3.69 billion. Estee Lauder Companies had a negative net margin of 1.67% and a positive return on equity of 20.66%. The firm’s revenue for the quarter was up 4.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.65 earnings per share. Estee Lauder Companies has set its FY 2026 guidance at 2.330-2.430 EPS. As a group, equities research analysts anticipate that The Estee Lauder Companies Inc. will post 2.41 earnings per share for the current fiscal year.
Estee Lauder Companies Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 29th were paid a $0.35 dividend. The ex-dividend date of this dividend was Friday, May 29th. This represents a $1.40 annualized dividend and a yield of 1.7%. Estee Lauder Companies’s payout ratio is currently -200.00%.
Estee Lauder Companies Company 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.
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