Maryland State Retirement & Pension System Boosts Position in The Estee Lauder Companies Inc. $EL

Maryland State Retirement & Pension System boosted its holdings in shares of The Estee Lauder Companies Inc. (NYSE:EL) by 5.4% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 11,360 shares of the company’s stock after purchasing an additional 583 shares during the quarter. Maryland State Retirement & Pension System’s holdings in Estee Lauder Companies were worth $918,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently bought and sold shares of EL. Invesco Ltd. raised its position in Estee Lauder Companies by 21.9% during the 1st quarter. Invesco Ltd. now owns 6,681,785 shares of the company’s stock worth $440,998,000 after buying an additional 1,200,537 shares during the last quarter. American Century Companies Inc. raised its position in Estee Lauder Companies by 34.9% during the 1st quarter. American Century Companies Inc. now owns 4,511,115 shares of the company’s stock worth $297,734,000 after buying an additional 1,167,508 shares during the last quarter. Robeco Institutional Asset Management B.V. raised its position in Estee Lauder Companies by 1,600.4% during the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 1,224,695 shares of the company’s stock worth $98,955,000 after buying an additional 1,152,669 shares during the last quarter. Nuveen LLC purchased a new position in Estee Lauder Companies during the 1st quarter worth approximately $35,607,000. Finally, Price T Rowe Associates Inc. MD raised its position in Estee Lauder Companies by 133.5% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 781,341 shares of the company’s stock worth $51,570,000 after buying an additional 446,662 shares during the last quarter. 55.15% of the stock is owned by hedge funds and other institutional investors.

Estee Lauder Companies Trading Down 6.6%

Shares of NYSE:EL opened at $87.77 on Monday. The Estee Lauder Companies Inc. has a 1 year low of $48.37 and a 1 year high of $97.44. The firm has a market capitalization of $31.59 billion, a price-to-earnings ratio of -27.95, a price-to-earnings-growth ratio of 2.50 and a beta of 1.16. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.30 and a quick ratio of 0.92. The business’s 50 day moving average price is $89.40 and its 200-day moving average price is $77.07.

Estee Lauder Companies (NYSE:EL) last announced its earnings results on Wednesday, August 20th. The company reported $0.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.07 by $0.02. Estee Lauder Companies had a positive return on equity of 12.37% and a negative net margin of 7.91%.The firm had revenue of $3.41 billion for the quarter, compared to analyst estimates of $3.36 billion. During the same quarter last year, the firm posted $0.64 EPS. The business’s revenue was down 11.9% on a year-over-year basis. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. On average, equities research analysts forecast that The Estee Lauder Companies Inc. will post 1.36 earnings per share for the current fiscal year.

Estee Lauder Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd were issued a $0.35 dividend. The ex-dividend date was Tuesday, September 2nd. This represents a $1.40 dividend on an annualized basis and a yield of 1.6%. Estee Lauder Companies’s dividend payout ratio (DPR) is presently -44.59%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. Barclays raised their price objective on shares of Estee Lauder Companies from $63.00 to $84.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 15th. Citigroup raised their price objective on shares of Estee Lauder Companies from $60.00 to $99.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 15th. JPMorgan Chase & Co. raised their price objective on shares of Estee Lauder Companies from $99.00 to $114.00 and gave the stock an “overweight” rating in a research note on Friday. Royal Bank Of Canada raised their price objective on shares of Estee Lauder Companies from $90.00 to $107.00 and gave the stock an “outperform” rating in a research note on Thursday, August 21st. Finally, Wells Fargo & Company raised their price objective on shares of Estee Lauder Companies from $60.00 to $90.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 9th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $89.30.

Insiders Place Their Bets

In other Estee Lauder Companies news, Director Lynn Forester sold 3,702 shares of the firm’s stock in a transaction on Friday, August 29th. The stock was sold at an average price of $91.65, for a total value of $339,288.30. Following the transaction, the director owned 15,479 shares in the company, valued at approximately $1,418,650.35. This trade represents a 19.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Lande Rashida La sold 6,417 shares of the firm’s stock in a transaction on Thursday, August 28th. The shares were sold at an average price of $91.88, for a total value of $589,593.96. The disclosure for this sale can be found here. Company insiders own 13.05% of the company’s stock.

Estee Lauder Companies Company Profile

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.