24,337 Shares in The Estee Lauder Companies Inc. $EL Acquired by Bayforest Capital Ltd

Key Points

• Bayforest Capital Ltd has acquired 24,337 shares of The Estee Lauder Companies Inc., valued at approximately $1.6 million, making it the firm's 5th largest holding.
• Several institutional investors have recently increased their positions in Estee Lauder, contributing to a total of 55.15% institutional ownership of the company.
• Estee Lauder Companies has received a mix of ratings from analysts, with an average target price of $87.80 and predominant 'Hold' ratings.

Bayforest Capital Ltd acquired a new position in shares of The Estee Lauder Companies Inc. (NYSE:EL - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 24,337 shares of the company's stock, valued at approximately $1,606,000. Estee Lauder Companies makes up approximately 0.7% of Bayforest Capital Ltd's investment portfolio, making the stock its 5th biggest holding.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Horizon Investments LLC grew its holdings in Estee Lauder Companies by 5.1% during the 1st quarter. Horizon Investments LLC now owns 3,351 shares of the company's stock worth $221,000 after acquiring an additional 164 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd boosted its stake in shares of Estee Lauder Companies by 0.7% in the 1st quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 24,633 shares of the company's stock valued at $1,626,000 after purchasing an additional 171 shares during the last quarter. DAVENPORT & Co LLC boosted its stake in shares of Estee Lauder Companies by 5.1% in the 1st quarter. DAVENPORT & Co LLC now owns 3,796 shares of the company's stock valued at $251,000 after purchasing an additional 185 shares during the last quarter. First Hawaiian Bank boosted its stake in shares of Estee Lauder Companies by 2.9% in the 1st quarter. First Hawaiian Bank now owns 7,200 shares of the company's stock valued at $475,000 after purchasing an additional 200 shares during the last quarter. Finally, State of Michigan Retirement System boosted its stake in shares of Estee Lauder Companies by 0.3% in the 1st quarter. State of Michigan Retirement System now owns 63,538 shares of the company's stock valued at $4,194,000 after purchasing an additional 200 shares during the last quarter. 55.15% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the stock. Bank of America assumed coverage on shares of Estee Lauder Companies in a research note on Thursday, July 10th. They issued a "buy" rating and a $110.00 price objective on the stock. Royal Bank Of Canada increased their target price on shares of Estee Lauder Companies from $90.00 to $107.00 and gave the stock an "outperform" rating in a research note on Thursday, August 21st. Canaccord Genuity Group increased their target price on shares of Estee Lauder Companies from $62.00 to $85.00 and gave the stock a "hold" rating in a research note on Monday, August 18th. HSBC raised shares of Estee Lauder Companies from a "hold" rating to a "buy" rating and increased their target price for the stock from $80.00 to $99.00 in a research note on Friday, June 27th. Finally, UBS Group increased their target price on shares of Estee Lauder Companies from $62.00 to $93.00 and gave the stock a "neutral" rating in a research note on Thursday, July 17th. One research 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 company. According to MarketBeat, Estee Lauder Companies has a consensus rating of "Hold" and an average target price of $87.80.

Estee Lauder Companies Stock Performance

EL opened at $88.83 on Tuesday. 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's fifty day moving average price is $89.72 and its two-hundred day moving average price is $73.94. The Estee Lauder Companies Inc. has a 1-year low of $48.37 and a 1-year high of $103.44. The company has a market cap of $31.97 billion, a price-to-earnings ratio of -28.29, a PEG ratio of 2.54 and a beta of 1.15.

Estee Lauder Companies (NYSE:EL - Get Free Report) last released 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 the consensus estimate of $3.36 billion. During the same quarter in the prior year, the company posted $0.64 earnings per share. The business's revenue was down 11.9% on a year-over-year basis. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. On average, analysts expect that The Estee Lauder Companies Inc. will post 1.36 EPS for the current fiscal year.

Estee Lauder Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd will be issued a dividend of $0.35 per share. The ex-dividend date is Tuesday, September 2nd. This represents a $1.40 annualized dividend and a yield of 1.6%. Estee Lauder Companies's dividend payout ratio is presently -44.59%.

Insider Buying and Selling at Estee Lauder Companies

In other Estee Lauder Companies 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 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 transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, VP Lande Rashida La sold 6,417 shares of the company's stock in a transaction on Thursday, August 28th. The stock was 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.

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.

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