1834 Investment Advisors Co. raised its position in shares of The Estee Lauder Companies Inc. (NYSE:EL - Free Report) by 8.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 43,955 shares of the company's stock after buying an additional 3,486 shares during the period. 1834 Investment Advisors Co.'s holdings in Estee Lauder Companies were worth $3,552,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds have also recently modified their holdings of EL. Annis Gardner Whiting Capital Advisors LLC raised its holdings in shares of Estee Lauder Companies by 1,182.1% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 500 shares of the company's stock valued at $33,000 after buying an additional 461 shares during the period. Winthrop Capital Management LLC grew its position in Estee Lauder Companies by 2,240.0% in the 1st quarter. Winthrop Capital Management LLC now owns 585 shares of the company's stock valued at $39,000 after acquiring an additional 560 shares in the last quarter. TD Private Client Wealth LLC grew its position in Estee Lauder Companies by 246.4% in the 2nd quarter. TD Private Client Wealth LLC now owns 478 shares of the company's stock valued at $39,000 after acquiring an additional 340 shares in the last quarter. Golden State Wealth Management LLC boosted its stake in shares of Estee Lauder Companies by 57.3% in the first quarter. Golden State Wealth Management LLC now owns 626 shares of the company's stock valued at $41,000 after purchasing an additional 228 shares during the period. Finally, CVA Family Office LLC boosted its stake in shares of Estee Lauder Companies by 116.2% in the first quarter. CVA Family Office LLC now owns 668 shares of the company's stock valued at $44,000 after purchasing an additional 359 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 news, Director Lynn Forester sold 3,702 shares of the company's 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 completion of 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 position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, 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 transaction of $589,593.96. The disclosure for this sale can be found here. Corporate insiders own 12.78% of the company's stock.
Wall Street Analyst Weigh In
Several research firms have recently commented on EL. Telsey Advisory Group reissued a "market perform" rating and issued a $99.00 price objective on shares of Estee Lauder Companies in a research note on Wednesday, August 20th. HSBC raised Estee Lauder Companies from a "hold" rating to a "buy" rating and upped their price objective for the stock from $80.00 to $99.00 in a research report on Friday, June 27th. Barclays upped their price objective on Estee Lauder Companies from $63.00 to $84.00 and gave the stock an "equal weight" rating in a research report on Tuesday, July 15th. Deutsche Bank Aktiengesellschaft boosted their target price on Estee Lauder Companies from $98.00 to $100.00 and gave the stock a "buy" rating in a research note on Thursday, August 21st. Finally, Hsbc Global Res raised Estee Lauder Companies from a "hold" rating to a "strong-buy" rating in a research note on Friday, June 27th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and twelve have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $88.55.
Check Out Our Latest Report on EL
Estee Lauder Companies Stock Performance
Shares of EL stock opened at $86.70 on Friday. 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 firm has a fifty day moving average price of $89.50 and a 200 day moving average price of $75.35. The company has a market cap of $31.20 billion, a P/E ratio of -27.61, a PEG ratio of 2.40 and a beta of 1.15. The Estee Lauder Companies Inc. has a 12 month low of $48.37 and a 12 month high of $103.44.
Estee Lauder Companies (NYSE:EL - Get Free Report) last announced its quarterly earnings results on Wednesday, August 20th. The company reported $0.09 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.07 by $0.02. The company had revenue of $3.41 billion during the quarter, compared to the consensus estimate of $3.36 billion. Estee Lauder Companies had a positive return on equity of 12.37% and a negative net margin of 7.91%.Estee Lauder Companies's revenue for the quarter was down 11.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.64 EPS. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. Sell-side analysts predict that The Estee Lauder Companies Inc. will post 1.36 earnings per share for the current fiscal year.
Estee Lauder Companies Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd were paid a $0.35 dividend. 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 dividend payout ratio is currently -44.59%.
Estee Lauder Companies Company Profile
(
Free Report)
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.
Read More
Want to see what other hedge funds are holding EL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Estee Lauder Companies Inc. (NYSE:EL - Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Estee Lauder Companies, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Estee Lauder Companies wasn't on the list.
While Estee Lauder Companies currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
