102,200 Shares in The Estee Lauder Companies Inc. $EL Bought by Clough Capital Partners L P

Key Points

• Clough Capital Partners L P acquired 102,200 shares of The Estee Lauder Companies Inc. for approximately $6.7 million during the first quarter of the year.
• Estee Lauder reported a quarterly EPS of $0.09, exceeding estimates, but its revenue decreased by 11.9% compared to last year.
• The company announced a quarterly dividend of $0.35 per share to be paid on September 16, representing an annual yield of 1.5%.

Clough Capital Partners L P bought a new position in shares of The Estee Lauder Companies Inc. (NYSE:EL - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 102,200 shares of the company's stock, valued at approximately $6,745,000.

A number of other hedge funds also recently modified their holdings of EL. Invesco Ltd. raised its stake in Estee Lauder Companies by 21.9% in the 1st quarter. Invesco Ltd. now owns 6,681,785 shares of the company's stock worth $440,998,000 after purchasing an additional 1,200,537 shares in the last quarter. American Century Companies Inc. raised its stake in 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 purchasing an additional 1,167,508 shares in the last quarter. Nuveen LLC acquired a new stake in Estee Lauder Companies in the 1st quarter worth about $35,607,000. Price T Rowe Associates Inc. MD raised its stake in Estee Lauder Companies by 133.5% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 781,341 shares of the company's stock worth $51,570,000 after purchasing an additional 446,662 shares in the last quarter. Finally, Ensign Peak Advisors Inc raised its position in shares of Estee Lauder Companies by 12.0% in the 4th quarter. Ensign Peak Advisors Inc now owns 3,608,142 shares of the company's stock valued at $270,538,000 after buying an additional 385,677 shares in the last quarter. Institutional investors and hedge funds own 55.15% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on EL shares. HSBC upgraded shares of Estee Lauder Companies from a "hold" rating to a "buy" rating and boosted their target price for the company from $80.00 to $99.00 in a research report on Friday, June 27th. Hsbc Global Res upgraded shares of Estee Lauder Companies from a "hold" rating to a "strong-buy" rating in a research report on Friday, June 27th. Telsey Advisory Group restated a "market perform" rating and issued a $99.00 target price on shares of Estee Lauder Companies in a research report on Wednesday, August 20th. JPMorgan Chase & Co. dropped their target price on shares of Estee Lauder Companies from $101.00 to $99.00 and set an "overweight" rating for the company in a research report on Thursday, August 21st. Finally, Royal Bank Of Canada lifted their price target on shares of Estee Lauder Companies from $90.00 to $107.00 and gave the company an "outperform" rating in a report on Thursday, August 21st. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and twelve have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $87.80.

Insider Activity at Estee Lauder Companies

In other news, VP Lande Rashida La sold 6,417 shares of the company'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 transaction was disclosed in a document filed with the SEC, which is available through this link. Corporate insiders own 12.78% of the company's stock.

Estee Lauder Companies Trading Down 0.0%

EL traded down $0.02 during trading on Monday, reaching $91.75. 2,357,777 shares of the company's stock were exchanged, compared to its average volume of 4,106,837. The Estee Lauder Companies Inc. has a one year low of $48.37 and a one year high of $103.44. 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 stock has a market capitalization of $33.02 billion, a PE ratio of -29.22, a price-to-earnings-growth ratio of 2.62 and a beta of 1.15. The firm has a fifty day moving average price of $88.40 and a two-hundred day moving average price of $73.13.

Estee Lauder Companies (NYSE:EL - Get Free Report) last posted its earnings results on Wednesday, August 20th. The company reported $0.09 earnings per share for the quarter, topping analysts' consensus estimates of $0.07 by $0.02. Estee Lauder Companies had a negative net margin of 7.91% and a positive return on equity of 12.37%. The firm had revenue of $3.41 billion for the quarter, compared to analyst estimates of $3.36 billion. During the same period in the previous year, the firm posted $0.64 EPS. The company's revenue for the quarter was down 11.9% compared to the same quarter last year. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. As a group, 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 will be paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd will be paid a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Tuesday, September 2nd. Estee Lauder Companies's dividend payout ratio is currently -44.59%.

Estee Lauder Companies 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.