VCI Wealth Management LLC bought a new position in shares of The Estee Lauder Companies Inc. (NYSE:EL – Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 8,109 shares of the company’s stock, valued at approximately $582,000.
Other large investors have also recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Estee Lauder Companies by 4.8% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,898 shares of the company’s stock valued at $1,709,000 after purchasing an additional 1,177 shares during the last quarter. NewEdge Advisors LLC lifted its position in shares of Estee Lauder Companies by 33.4% during the 1st quarter. NewEdge Advisors LLC now owns 6,992 shares of the company’s stock worth $462,000 after buying an additional 1,749 shares during the last quarter. Empowered Funds LLC boosted its stake in Estee Lauder Companies by 24.1% in the first quarter. Empowered Funds LLC now owns 4,619 shares of the company’s stock valued at $305,000 after buying an additional 898 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in Estee Lauder Companies by 23.2% in the second quarter. EverSource Wealth Advisors LLC now owns 997 shares of the company’s stock valued at $81,000 after buying an additional 188 shares in the last quarter. Finally, First Trust Advisors LP grew its position in Estee Lauder Companies by 55.5% in the second quarter. First Trust Advisors LP now owns 13,522 shares of the company’s stock valued at $1,093,000 after acquiring an additional 4,826 shares during the last quarter. Institutional investors and hedge funds own 55.15% of the company’s stock.
Analyst Upgrades and Downgrades
A number of research firms have recently commented on EL. JPMorgan Chase & Co. increased their target price on shares of Estee Lauder Companies from $98.00 to $99.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. Wells Fargo & Company lifted their price target on shares of Estee Lauder Companies from $75.00 to $85.00 and gave the company an “equal weight” rating in a report on Monday, May 4th. UBS Group upped their price objective on shares of Estee Lauder Companies from $75.00 to $85.00 and gave the stock a “neutral” rating in a research report on Monday, May 4th. Sanford C. Bernstein began coverage on shares of Estee Lauder Companies in a research note on Friday, June 12th. They issued a “market perform” rating and a $82.00 price objective for the company. Finally, Piper Sandler initiated coverage on shares of Estee Lauder Companies in a research report on Friday, May 15th. They issued an “overweight” rating and a $95.00 target price on the stock. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $99.90.
Estee Lauder Companies Price Performance
Estee Lauder Companies stock opened at $80.44 on Friday. The stock has a 50-day moving average price of $82.75 and a two-hundred day moving average price of $93.69. The Estee Lauder Companies Inc. has a 12 month low of $66.22 and a 12 month high of $121.64. The company has a market capitalization of $29.10 billion, a PE ratio of -114.92, a P/E/G ratio of 0.84 and a beta of 1.26. The company has a current ratio of 1.27, a quick ratio of 0.94 and a debt-to-equity ratio of 1.71.
Estee Lauder Companies (NYSE:EL – Get Free Report) last released 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 company had revenue of $3.71 billion for the quarter, compared to analysts’ expectations of $3.69 billion. During the same period in the previous year, the business posted $0.65 earnings per share. The business’s quarterly revenue was up 4.6% compared to the same quarter last year. Estee Lauder Companies has set its FY 2026 guidance at 2.330-2.430 EPS. Analysts expect that The Estee Lauder Companies Inc. will post 2.41 EPS for the current year.
Estee Lauder Companies Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, May 29th were issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend was Friday, May 29th. Estee Lauder Companies’s payout ratio is presently -200.00%.
Estee Lauder Companies Company Profile
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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