100,665 Shares in The Estee Lauder Companies Inc. $EL Bought by Chapin Davis Inc.

Key Points

• Chapin Davis Inc. acquired 100,665 shares of Estée Lauder Companies worth approximately $9.34 million, making the stock about 1.9% of its portfolio. Institutional investors collectively own 55.15% of EL.
• Analyst sentiment remains mixed, with an average rating of “Hold” and an average price target of $104.76. Recent target increases ranged from $100 to $112.
• Estée Lauder reported quarterly EPS of $0.39, beating estimates of $0.32, while revenue rose 6.3% year over year to $3.64 billion. Shares opened at $94.25, and the company maintains a quarterly dividend of $0.35 per share.

Chapin Davis Inc. acquired a new stake in The Estee Lauder Companies Inc. (NYSE:EL - Free Report) during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 100,665 shares of the company's stock, valued at approximately $9,339,000. Estee Lauder Companies makes up about 1.9% of Chapin Davis Inc.'s portfolio, making the stock its 18th biggest position.

Several other institutional investors have also added to or reduced their stakes in the business. Quintet Private Bank Europe S.A. increased its holdings in shares of Estee Lauder Companies by 21.2% in the 3rd quarter. Quintet Private Bank Europe S.A. now owns 37,110 shares of the company's stock worth $3,443,000 after purchasing an additional 6,479 shares in the last quarter. CX Institutional boosted its position in shares of Estee Lauder Companies by 12.3% during the third quarter. CX Institutional now owns 3,976 shares of the company's stock valued at $369,000 after buying an additional 437 shares during the last quarter. Versant Capital Management Inc boosted its position in shares of Estee Lauder Companies by 16.4% during the third quarter. Versant Capital Management Inc now owns 2,930 shares of the company's stock valued at $272,000 after buying an additional 413 shares during the last quarter. Cacti Asset Management LLC increased its holdings in Estee Lauder Companies by 75.5% in the 3rd quarter. Cacti Asset Management LLC now owns 230,475 shares of the company's stock worth $21,750,000 after buying an additional 99,142 shares in the last quarter. Finally, Parrish Capital LLC lifted its stake in Estee Lauder Companies by 25.1% during the 3rd quarter. Parrish Capital LLC now owns 7,460 shares of the company's stock valued at $692,000 after acquiring an additional 1,495 shares during the period. 55.15% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have recently issued reports on EL. JPMorgan Chase & Co. raised their price target on shares of Estee Lauder Companies from $94.00 to $112.00 and gave the company an "overweight" rating in a report on Thursday, August 20th. B. Riley Financial restated a "neutral" rating and set a $100.00 price objective (up from $85.00) on shares of Estee Lauder Companies in a research report on Thursday, August 20th. Morgan Stanley boosted their target price on shares of Estee Lauder Companies from $90.00 to $102.00 and gave the company an "equal weight" rating in a research note on Thursday, August 20th. TD Cowen increased their price target on Estee Lauder Companies from $90.00 to $100.00 and gave the company a "hold" rating in a report on Thursday, August 20th. Finally, Weiss Ratings upgraded Estee Lauder Companies from a "sell (d)" rating to a "sell (d+)" rating in a research note on Friday, August 21st. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Estee Lauder Companies has an average rating of "Hold" and an average target price of $104.76.

Estee Lauder Companies Stock Down 0.2%

Shares of EL stock opened at $94.25 on Friday. The company has a current ratio of 1.22, a quick ratio of 0.90 and a debt-to-equity ratio of 1.79. The Estee Lauder Companies Inc. has a 12 month low of $66.22 and a 12 month high of $121.64. The stock has a market cap of $34.10 billion, a P/E ratio of 192.34, a P/E/G ratio of 1.09 and a beta of 1.27. The company has a 50 day simple moving average of $94.98 and a two-hundred day simple moving average of $85.62.

Estee Lauder Companies (NYSE:EL - Get Free Report) last issued its quarterly earnings data on Wednesday, August 19th. The company reported $0.39 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.32 by $0.07. The firm had revenue of $3.64 billion during the quarter, compared to the consensus estimate of $3.55 billion. Estee Lauder Companies had a net margin of 1.21% and a return on equity of 23.52%. The company's revenue for the quarter was up 6.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.09 EPS. Estee Lauder Companies has set its FY 2027 guidance at 3.100-3.350 EPS. On average, research analysts expect that The Estee Lauder Companies Inc. will post 3.31 earnings per share for the current year.

Estee Lauder Companies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st were given a $0.35 dividend. The ex-dividend date was Monday, August 31st. This represents a $1.40 dividend on an annualized basis and a yield of 1.5%. Estee Lauder Companies's dividend payout ratio is presently 285.71%.

Insider Transactions at Estee Lauder Companies

In other Estee Lauder Companies news, VP Rashida La Lande sold 7,766 shares of Estee Lauder Companies stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $103.32, for a total transaction of $802,383.12. Following the transaction, the vice president owned 14,357 shares of the company's stock, valued at $1,483,365.24. The trade was a 35.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Charlene Barshefsky sold 3,775 shares of the stock in a transaction on Wednesday, September 9th. The stock was sold at an average price of $98.82, for a total transaction of $373,045.50. Following the completion of the sale, the director directly owned 50,971 shares of the company's stock, valued at approximately $5,036,954.22. This trade represents a 6.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 75,105 shares of company stock valued at $7,423,185 over the last quarter. 11.54% of the stock is currently owned by company insiders.

Estee Lauder Companies Company Profile

The Estée Lauder Companies Inc NYSE: EL is a global beauty company that develops, markets and sells prestige skincare, makeup, fragrance and hair care products. Its portfolio includes brands such as Estée Lauder, Clinique, La Mer, MAC, Bobbi Brown, Jo Malone London, Aveda, The Ordinary and Tom Ford Beauty.

The company's products are distributed through department stores, specialty retailers, freestanding stores, e-commerce platforms, travel retail outlets and other channels. Estée Lauder serves consumers in numerous markets across the Americas, Europe, the Middle East and Africa, and the Asia-Pacific region.

Estée Lauder was founded in 1946 by Estée Lauder and her husband, Joseph Lauder, beginning with a small collection of skincare products.

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