Graham Capital Management L.P. Invests $892,000 in The Estee Lauder Companies Inc. $EL

Key Points

• Graham Capital Management L.P. has acquired 13,513 shares of The Estee Lauder Companies Inc., valued at approximately $892,000, as part of their first-quarter investments.
• Estee Lauder reported a quarterly earnings of $0.09 per share, which exceeded analysts’ estimates of $0.07, despite a significant revenue decline of 11.9% year-over-year.
• The company recently announced a quarterly dividend of $0.35 per share, with an ex-dividend date set for September 2nd, reflecting an annualized yield of 1.6%.

Graham Capital Management L.P. purchased a new position in shares of The Estee Lauder Companies Inc. (NYSE:EL - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 13,513 shares of the company's stock, valued at approximately $892,000.

A number of other large investors also recently bought and sold shares of the business. Armistice Capital LLC bought a new stake in shares of Estee Lauder Companies during the first quarter worth $19,744,000. Panagora Asset Management Inc. grew its holdings in shares of Estee Lauder Companies by 1,786.5% in the first quarter. Panagora Asset Management Inc. now owns 78,045 shares of the company's stock worth $5,151,000 after purchasing an additional 73,908 shares during the last quarter. Clough Capital Partners L P purchased a new position in Estee Lauder Companies in the 1st quarter worth about $6,745,000. Lansforsakringar Fondforvaltning AB publ lifted its holdings in Estee Lauder Companies by 2.0% during the 1st quarter. Lansforsakringar Fondforvaltning AB publ now owns 79,826 shares of the company's stock valued at $5,269,000 after buying an additional 1,535 shares in the last quarter. Finally, Gamco Investors INC. ET AL boosted its position in Estee Lauder Companies by 118.5% in the 1st quarter. Gamco Investors INC. ET AL now owns 14,120 shares of the company's stock valued at $932,000 after buying an additional 7,659 shares during the period. Hedge funds and other institutional investors own 55.15% of the company's stock.

Insider Activity at Estee Lauder Companies

In other Estee Lauder Companies news, VP Lande Rashida La sold 6,417 shares of Estee Lauder Companies 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. Also, Director Lynn Forester sold 3,702 shares of the stock in a transaction on Friday, August 29th. The shares were sold at an average price of $91.65, for a total value of $339,288.30. Following the sale, the director owned 15,479 shares of the company's stock, valued at approximately $1,418,650.35. This represents a 19.30% decrease in their position. The disclosure for this sale can be found here. Insiders own 12.78% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on EL. Evercore ISI raised their target price on shares of Estee Lauder Companies from $90.00 to $100.00 and gave the stock an "outperform" rating in a research report on Thursday, June 26th. Barclays increased their price objective 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. HSBC raised Estee Lauder Companies from a "hold" rating to a "buy" rating and lifted their target price for the company from $80.00 to $99.00 in a research report on Friday, June 27th. Wells Fargo & Company increased their price target on Estee Lauder Companies from $60.00 to $90.00 and gave the stock an "equal weight" rating in a research report on Wednesday, July 9th. Finally, UBS Group lifted their price objective on Estee Lauder Companies from $62.00 to $93.00 and gave the company a "neutral" rating in a report on Thursday, July 17th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and twelve have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $87.80.

Estee Lauder Companies Stock Down 1.3%

Shares of EL traded down $1.17 during trading hours on Wednesday, hitting $87.53. The company had a trading volume of 2,340,952 shares, compared to its average volume of 4,184,076. 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 company has a market capitalization of $31.50 billion, a PE ratio of -27.88, a price-to-earnings-growth ratio of 2.53 and a beta of 1.15. The Estee Lauder Companies Inc. has a one year low of $48.37 and a one year high of $103.44. The company's fifty day moving average price is $89.77 and its two-hundred day moving average price is $74.13.

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 (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.02. The company had revenue of $3.41 billion for the quarter, compared to analyst estimates of $3.36 billion. Estee Lauder Companies had a positive return on equity of 12.37% and a negative net margin of 7.91%.The firm's quarterly revenue was down 11.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.64 earnings per share. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. As a group, equities 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 given a $0.35 dividend. The ex-dividend date of this dividend is Tuesday, September 2nd. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.6%. Estee Lauder Companies's payout ratio is presently -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.