Bleakley Financial Group LLC increased its stake in shares of The Estee Lauder Companies Inc. (NYSE:EL – Free Report) by 21.5% in the first quarter, Holdings Channel.com reports. The fund owned 38,356 shares of the company’s stock after purchasing an additional 6,780 shares during the period. Bleakley Financial Group LLC’s holdings in Estee Lauder Companies were worth $2,753,000 at the end of the most recent reporting period.
Several other hedge funds have also bought and sold shares of the stock. REAP Financial Group LLC purchased a new stake in shares of Estee Lauder Companies in the fourth quarter worth about $27,000. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna bought a new stake in Estee Lauder Companies during the fourth quarter worth approximately $27,000. Flagship Harbor Advisors LLC purchased a new stake in Estee Lauder Companies during the fourth quarter valued at approximately $32,000. N.E.W. Advisory Services LLC boosted its holdings in shares of Estee Lauder Companies by 39.1% in the 4th quarter. N.E.W. Advisory Services LLC now owns 324 shares of the company’s stock worth $34,000 after purchasing an additional 91 shares during the period. Finally, DV Equities LLC purchased a new stake in Estee Lauder Companies during the 4th quarter valued at $36,000. Hedge funds and other institutional investors own 55.15% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research analysts have weighed in on the stock. Sanford C. Bernstein began coverage on shares of Estee Lauder Companies in a research report on Friday, June 12th. They set a “market perform” rating and a $82.00 price objective on the stock. The Goldman Sachs Group initiated coverage on Estee Lauder Companies in a report on Monday, June 22nd. They set a “buy” rating and a $100.00 price objective for the company. Barclays boosted their target price on shares of Estee Lauder Companies from $72.00 to $75.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 5th. Piper Sandler started coverage on shares of Estee Lauder Companies in a report on Friday, May 15th. They issued an “overweight” rating and a $95.00 price target on the stock. Finally, Weiss Ratings lowered shares of Estee Lauder Companies from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, ten have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $99.37.
Estee Lauder Companies Stock Performance
Shares of NYSE:EL opened at $82.30 on Thursday. The firm has a 50 day moving average of $83.87 and a 200 day moving average of $91.44. The company has a quick ratio of 0.94, a current ratio of 1.27 and a debt-to-equity ratio of 1.71. The company has a market capitalization of $29.78 billion, a price-to-earnings ratio of -117.57, a price-to-earnings-growth ratio of 0.63 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 released its quarterly earnings results on Friday, May 1st. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.66 by $0.25. The firm had revenue of $3.71 billion during the quarter, compared to analyst estimates of $3.69 billion. Estee Lauder Companies had a positive return on equity of 20.66% and a negative net margin of 1.67%.The business’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.65 EPS. Estee Lauder Companies has set its FY 2026 guidance at 2.330-2.430 EPS. On average, sell-side analysts predict that The Estee Lauder Companies Inc. will post 2.41 earnings per share for the current fiscal year.
Estee Lauder Companies Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, May 29th were paid a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 1.7%. The ex-dividend date was Friday, May 29th. Estee Lauder Companies’s dividend payout ratio (DPR) 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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