Strs Ohio Takes Position in The Estee Lauder Companies Inc. $EL

Key Points

• Strs Ohio has acquired 170,561 shares of The Estee Lauder Companies Inc., valued at approximately $11.26 million, as part of the firm's new position reported in its 13F filing with the SEC.
• Wall Street analysts have recently raised their price targets for Estee Lauder, with Canaccord Genuity setting a new target of $85.00, indicating a potential for stock growth.
• The company reported a quarterly earnings result of $0.09 per share, exceeding expectations, while also announcing a $0.35 quarterly dividend to be paid soon, demonstrating ongoing shareholder returns despite recent challenges.

Strs Ohio bought a new position in The Estee Lauder Companies Inc. (NYSE:EL - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 170,561 shares of the company's stock, valued at approximately $11,257,000.

Several other large investors have also made changes to their positions in EL. Bank Pictet & Cie Europe AG raised its position in shares of Estee Lauder Companies by 5.4% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 91,200 shares of the company's stock worth $6,838,000 after buying an additional 4,690 shares during the period. American Assets Inc. purchased a new position in Estee Lauder Companies in the fourth quarter valued at about $487,000. Cetera Investment Advisers raised its position in Estee Lauder Companies by 14.1% in the fourth quarter. Cetera Investment Advisers now owns 27,926 shares of the company's stock valued at $2,094,000 after purchasing an additional 3,449 shares during the period. OMERS ADMINISTRATION Corp raised its position in Estee Lauder Companies by 20.2% in the fourth quarter. OMERS ADMINISTRATION Corp now owns 9,695 shares of the company's stock valued at $727,000 after purchasing an additional 1,626 shares during the period. Finally, Occudo Quantitative Strategies LP purchased a new position in Estee Lauder Companies in the fourth quarter valued at about $263,000. 55.15% of the stock is owned by hedge funds and other institutional investors.

Estee Lauder Companies Price Performance

Shares of NYSE EL traded down $0.22 during trading on Thursday, hitting $87.95. The company had a trading volume of 1,800,163 shares, compared to its average volume of 3,114,100. The company has a market cap of $31.65 billion, a P/E ratio of -28.01, a PEG ratio of 2.52 and a beta of 1.15. The Estee Lauder Companies Inc. has a 52 week low of $48.37 and a 52 week high of $103.44. The business's 50-day moving average is $89.66 and its 200 day moving average is $74.72. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.92 and a current ratio of 1.30.

Estee Lauder Companies (NYSE:EL - Get Free Report) last posted its quarterly earnings data on Wednesday, August 20th. The company reported $0.09 earnings per share for the quarter, topping the consensus estimate 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 analysts' expectations of $3.36 billion. During the same period in the previous year, the company posted $0.64 EPS. The company's quarterly revenue 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. Equities research analysts predict 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 was paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd were given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 1.6%. The ex-dividend date was Tuesday, September 2nd. Estee Lauder Companies's payout ratio is presently -44.59%.

Insider Buying and Selling at Estee Lauder Companies

In other news, VP Lande Rashida La sold 6,417 shares of the business's stock in a transaction on Thursday, August 28th. The shares were sold at an average price of $91.88, for a total transaction of $589,593.96. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Lynn Forester sold 3,702 shares of the business's stock in a transaction on 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 ownership of the stock. The disclosure for this sale can be found here. Insiders own 12.78% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have commented on EL. Barclays raised their price objective on Estee Lauder Companies from $63.00 to $84.00 and gave the company an "equal weight" rating in a research report on Tuesday, July 15th. Canaccord Genuity Group raised their price objective on Estee Lauder Companies from $62.00 to $85.00 and gave the company a "hold" rating in a research report on Monday, August 18th. JPMorgan Chase & Co. cut their price objective on Estee Lauder Companies from $101.00 to $99.00 and set an "overweight" rating on the stock in a research report on Thursday, August 21st. Hsbc Global Res raised Estee Lauder Companies from a "hold" rating to a "strong-buy" rating in a research report on Friday, June 27th. Finally, Royal Bank Of Canada raised their target price on Estee Lauder Companies from $90.00 to $107.00 and gave the company an "outperform" rating in a research note on Thursday, August 21st. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and twelve have given a Hold rating to the company's stock. According to data from MarketBeat, Estee Lauder Companies presently has a consensus rating of "Hold" and a consensus target price of $88.55.

Estee Lauder Companies Company 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.