U S Global Investors Inc. boosted its stake in The Estee Lauder Companies Inc. (NYSE:EL – Free Report) by 100.0% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,000 shares of the company’s stock after acquiring an additional 6,500 shares during the quarter. U S Global Investors Inc.’s holdings in Estee Lauder Companies were worth $933,000 as of its most recent SEC filing.
A number of other large investors have also recently added to or reduced their stakes in EL. Candriam S.C.A. raised its stake in shares of Estee Lauder Companies by 225.8% in the 1st quarter. Candriam S.C.A. now owns 301,032 shares of the company’s stock valued at $21,605,000 after purchasing an additional 208,628 shares during the period. Sequoia Financial Advisors LLC boosted its position in shares of Estee Lauder Companies by 24.6% during the first quarter. Sequoia Financial Advisors LLC now owns 7,963 shares of the company’s stock worth $572,000 after buying an additional 1,570 shares during the period. Waterfront Wealth Inc. grew its holdings in shares of Estee Lauder Companies by 6.2% during the first quarter. Waterfront Wealth Inc. now owns 19,011 shares of the company’s stock worth $1,364,000 after buying an additional 1,109 shares in the last quarter. Kestra Advisory Services LLC grew its holdings in shares of Estee Lauder Companies by 3.1% during the first quarter. Kestra Advisory Services LLC now owns 4,520 shares of the company’s stock worth $324,000 after buying an additional 134 shares in the last quarter. Finally, Resona Asset Management Co. Ltd. raised its position in Estee Lauder Companies by 7.0% in the 1st quarter. Resona Asset Management Co. Ltd. now owns 76,968 shares of the company’s stock valued at $5,469,000 after buying an additional 5,060 shares during the last quarter. Institutional investors own 55.15% of the company’s stock.
Analysts Set New Price Targets
A number of research firms have weighed in on EL. JPMorgan Chase & Co. upped their price target on Estee Lauder Companies from $98.00 to $99.00 and gave the stock an “overweight” rating in a research report on Monday, May 4th. Canaccord Genuity Group lifted their price objective on shares of Estee Lauder Companies from $80.00 to $85.00 and gave the company a “hold” rating in a report on Monday, May 4th. Weiss Ratings lowered shares of Estee Lauder Companies from a “sell (d+)” rating to a “sell (d)” rating in a research report on Monday, May 4th. The Goldman Sachs Group began coverage on shares of Estee Lauder Companies in a report on Monday, June 22nd. They set a “buy” rating and a $100.00 target price for the company. Finally, Citigroup raised their target price on shares of Estee Lauder Companies from $92.00 to $110.00 and gave the company a “buy” rating in a research report on Friday, May 22nd. Two investment analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $99.37.
Estee Lauder Companies Stock Up 0.8%
EL stock traded up $0.63 during mid-day trading on Friday, reaching $82.62. The company had a trading volume of 1,483,223 shares, compared to its average volume of 3,136,614. The company has a debt-to-equity ratio of 1.71, a current ratio of 1.27 and a quick ratio of 0.94. The stock has a 50 day simple moving average of $83.91 and a two-hundred day simple moving average of $92.11. The company has a market capitalization of $29.89 billion, a price-to-earnings ratio of -118.02, a PEG ratio of 0.64 and a beta of 1.27. The Estee Lauder Companies Inc. has a 52 week low of $66.22 and a 52 week high of $121.64.
Estee Lauder Companies (NYSE:EL – Get Free Report) last posted its quarterly earnings results on Friday, May 1st. The company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.66 by $0.25. Estee Lauder Companies had a positive return on equity of 20.66% and a negative net margin of 1.67%.The firm had revenue of $3.71 billion for the quarter, compared to analyst estimates of $3.69 billion. During the same quarter in the previous year, the firm earned $0.65 EPS. The business’s quarterly revenue was up 4.6% on a year-over-year basis. Estee Lauder Companies has set its FY 2026 guidance at 2.330-2.430 EPS. As a group, equities analysts predict that The Estee Lauder Companies Inc. will post 2.41 earnings per share for the current fiscal year.
Estee Lauder Companies Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, May 29th were given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend was Friday, May 29th. Estee Lauder Companies’s dividend payout ratio is -200.00%.
About Estee Lauder Companies
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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