Huntington National Bank Has $214,000 Stock Position in The Estee Lauder Companies Inc. $EL

Huntington National Bank cut its holdings in shares of The Estee Lauder Companies Inc. (NYSE:ELFree Report) by 18.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,650 shares of the company’s stock after selling 614 shares during the period. Huntington National Bank’s holdings in Estee Lauder Companies were worth $214,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in EL. TD Private Client Wealth LLC boosted its stake in Estee Lauder Companies by 246.4% during the 2nd quarter. TD Private Client Wealth LLC now owns 478 shares of the company’s stock valued at $39,000 after purchasing an additional 340 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC raised its stake in shares of Estee Lauder Companies by 1,182.1% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 500 shares of the company’s stock worth $33,000 after purchasing an additional 461 shares during the last quarter. Ameritas Advisory Services LLC bought a new position in shares of Estee Lauder Companies in the second quarter valued at approximately $44,000. Winthrop Capital Management LLC boosted its position in shares of Estee Lauder Companies by 2,240.0% during the first quarter. Winthrop Capital Management LLC now owns 585 shares of the company’s stock valued at $39,000 after buying an additional 560 shares during the last quarter. Finally, Trust Co. of Toledo NA OH bought a new stake in Estee Lauder Companies during the second quarter worth $63,000. Institutional investors and hedge funds own 55.15% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently commented on EL. Evercore ISI increased their price target on Estee Lauder Companies from $100.00 to $115.00 and gave the company an “outperform” rating in a research report on Monday, September 15th. Telsey Advisory Group upped their target price on shares of Estee Lauder Companies from $99.00 to $105.00 and gave the stock a “market perform” rating in a research note on Friday, October 31st. Royal Bank Of Canada increased their target price on shares of Estee Lauder Companies from $107.00 to $113.00 and gave the company an “outperform” rating in a report on Friday, October 31st. Wall Street Zen upgraded shares of Estee Lauder Companies from a “sell” rating to a “hold” rating in a report on Saturday, October 25th. Finally, The Goldman Sachs Group raised shares of Estee Lauder Companies from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $76.00 to $115.00 in a research report on Monday, October 13th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Estee Lauder Companies has an average rating of “Hold” and an average target price of $95.16.

View Our Latest Stock Analysis on EL

Insider Transactions at Estee Lauder Companies

In other Estee Lauder Companies news, Director Lynn Forester sold 3,702 shares of the company’s stock in a transaction dated Friday, August 29th. The shares were sold at an average price of $91.65, for a total transaction of $339,288.30. Following the sale, the director directly owned 15,479 shares of the company’s stock, valued at $1,418,650.35. This represents a 19.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Lande Rashida La sold 6,417 shares of the stock in a transaction dated Thursday, August 28th. The stock was sold at an average price of $91.88, for a total transaction of $589,593.96. The disclosure for this sale is available in the SEC filing. Insiders own 13.05% of the company’s stock.

Estee Lauder Companies Trading Down 0.0%

NYSE:EL opened at $87.77 on Friday. The Estee Lauder Companies Inc. has a 12 month low of $48.37 and a 12 month high of $104.53. The company has a current ratio of 1.30, a quick ratio of 0.92 and a debt-to-equity ratio of 1.89. The firm’s 50 day moving average is $91.64 and its 200 day moving average is $82.42. The stock has a market capitalization of $31.59 billion, a PE ratio of -27.95, a price-to-earnings-growth ratio of 1.77 and a beta of 1.19.

Estee Lauder Companies (NYSE:ELGet Free Report) last announced its quarterly earnings data on Thursday, October 30th. The company reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.17. The business had revenue of $3.48 billion during the quarter, compared to analyst estimates of $3.38 billion. Estee Lauder Companies had a positive return on equity of 12.37% and a negative net margin of 7.91%.Estee Lauder Companies’s revenue was up 3.6% compared to the same quarter last year. During the same period in the prior year, the company earned $0.14 earnings per share. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. Sell-side analysts expect that The Estee Lauder Companies Inc. will post 1.36 earnings per share for the current year.

Estee Lauder Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 15th. Investors of record on Friday, November 28th will be issued a $0.35 dividend. The ex-dividend date of this dividend is Friday, November 28th. This represents a $1.40 annualized dividend and a yield of 1.6%. Estee Lauder Companies’s dividend payout ratio (DPR) is -54.26%.

Estee Lauder Companies Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Estee Lauder Companies (NYSE:EL)

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