Mitsubishi UFJ Asset Management Co. Ltd. Grows Position in The Estee Lauder Companies Inc. $EL

Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in shares of The Estee Lauder Companies Inc. (NYSE:EL) by 6.1% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 491,077 shares of the company’s stock after purchasing an additional 28,084 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Estee Lauder Companies were worth $39,679,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Invesco Ltd. lifted its position in Estee Lauder Companies by 21.9% during the first quarter. Invesco Ltd. now owns 6,681,785 shares of the company’s stock valued at $440,998,000 after buying an additional 1,200,537 shares during the period. American Century Companies Inc. increased its stake in shares of Estee Lauder Companies by 34.9% in the 1st quarter. American Century Companies Inc. now owns 4,511,115 shares of the company’s stock worth $297,734,000 after acquiring an additional 1,167,508 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted 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 valued at $98,955,000 after acquiring an additional 1,152,669 shares during the period. Bank of New York Mellon Corp boosted its stake in Estee Lauder Companies by 35.2% during the second quarter. Bank of New York Mellon Corp now owns 4,175,394 shares of the company’s stock worth $337,372,000 after acquiring an additional 1,086,514 shares in the last quarter. Finally, Nuveen LLC bought a new stake in Estee Lauder Companies during the first quarter worth about $35,607,000. 55.15% of the stock is owned by hedge funds and other institutional investors.

Estee Lauder Companies Stock Performance

Shares of EL opened at $89.64 on Tuesday. The company has a market cap of $32.26 billion, a price-to-earnings ratio of -28.55, a P/E/G ratio of 1.77 and a beta of 1.19. The business’s fifty day simple moving average is $91.60 and its two-hundred day simple moving average is $83.00. 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.

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

Estee Lauder Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Shareholders of record on Friday, November 28th will be given a $0.35 dividend. The ex-dividend date of this dividend is Friday, November 28th. This represents a $1.40 dividend on an annualized basis and a yield of 1.6%. Estee Lauder Companies’s payout ratio is -54.26%.

Insider Activity

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 transaction, the director owned 15,479 shares in the company, valued at approximately $1,418,650.35. This represents a 19.30% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Lande Rashida La sold 6,417 shares of Estee Lauder Companies stock in a transaction that occurred on Thursday, August 28th. The stock was sold at an average price of $91.88, for a total transaction of $589,593.96. Additional details regarding this sale are available in the official SEC disclosure. 13.05% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Citigroup raised their target price on shares of Estee Lauder Companies from $95.00 to $105.00 and gave the company a “neutral” rating in a research note on Friday, October 31st. Deutsche Bank Aktiengesellschaft raised their price objective on Estee Lauder Companies from $98.00 to $100.00 and gave the company a “buy” rating in a research report on Thursday, August 21st. Wall Street Zen upgraded Estee Lauder Companies from a “hold” rating to a “buy” rating in a research note on Saturday. Barclays increased their target price on 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. Finally, Canaccord Genuity Group raised their price target on Estee Lauder Companies from $85.00 to $100.00 and gave the company a “hold” rating in a report on Monday, October 27th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $95.16.

About Estee Lauder Companies

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.