Allstate Corp increased its holdings in shares of The Estee Lauder Companies Inc. (NYSE:EL - Free Report) by 52.4% in the first quarter, according to its most recent filing with the SEC. The fund owned 10,416 shares of the company's stock after acquiring an additional 3,580 shares during the period. Allstate Corp's holdings in Estee Lauder Companies were worth $687,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Annis Gardner Whiting Capital Advisors LLC lifted its stake in shares of Estee Lauder Companies by 1,182.1% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 500 shares of the company's stock worth $33,000 after acquiring an additional 461 shares during the last quarter. Winthrop Capital Management LLC increased its holdings in Estee Lauder Companies by 2,240.0% during the 1st quarter. Winthrop Capital Management LLC now owns 585 shares of the company's stock worth $39,000 after purchasing an additional 560 shares during the period. Golden State Wealth Management LLC increased its holdings in Estee Lauder Companies by 57.3% during the 1st quarter. Golden State Wealth Management LLC now owns 626 shares of the company's stock worth $41,000 after purchasing an additional 228 shares during the period. CVA Family Office LLC increased its holdings in Estee Lauder Companies by 116.2% during the 1st quarter. CVA Family Office LLC now owns 668 shares of the company's stock worth $44,000 after purchasing an additional 359 shares during the period. Finally, Farther Finance Advisors LLC increased its holdings in Estee Lauder Companies by 41.0% during the 1st quarter. Farther Finance Advisors LLC now owns 787 shares of the company's stock worth $53,000 after purchasing an additional 229 shares during the period. 55.15% of the stock is owned by institutional investors.
Estee Lauder Companies Stock Down 0.0%
EL stock traded down $0.02 during trading on Friday, reaching $91.75. 2,357,777 shares of the company traded hands, compared to its average volume of 4,146,223. The Estee Lauder Companies Inc. has a 12 month low of $48.37 and a 12 month high of $103.44. The business has a 50 day simple moving average of $88.40 and a 200 day simple moving average of $73.11. The company has a market capitalization of $33.02 billion, a price-to-earnings ratio of -29.22, a price-to-earnings-growth ratio of 2.62 and a beta of 1.18. 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 issued its quarterly earnings results 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. The business 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%.The company's quarterly revenue was down 11.9% on a year-over-year basis. During the same quarter last year, the company earned $0.64 earnings per share. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. On average, equities research analysts anticipate that The Estee Lauder Companies Inc. will post 1.36 earnings per share for the current fiscal year.
Estee Lauder Companies Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd will be issued a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Tuesday, September 2nd. Estee Lauder Companies's dividend payout ratio (DPR) is currently -44.59%.
Analyst Upgrades and Downgrades
Several research analysts have commented on EL shares. Royal Bank Of Canada raised their price objective on Estee Lauder Companies from $90.00 to $107.00 and gave the stock an "outperform" rating in a report on Thursday, August 21st. UBS Group raised their price objective on Estee Lauder Companies from $62.00 to $93.00 and gave the stock a "neutral" rating in a report on Thursday, July 17th. Telsey Advisory Group restated a "market perform" rating and set a $99.00 price objective on shares of Estee Lauder Companies in a report on Wednesday, August 20th. Evercore ISI raised their price objective on Estee Lauder Companies from $90.00 to $100.00 and gave the stock an "outperform" rating in a report on Thursday, June 26th. Finally, JPMorgan Chase & Co. cut their price target on Estee Lauder Companies from $101.00 to $99.00 and set an "overweight" rating on the stock in a report on Thursday, August 21st. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and twelve have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of "Hold" and an average price target of $87.80.
View Our Latest Stock Report on Estee Lauder Companies
Insiders Place Their Bets
In other Estee Lauder Companies news, VP Lande Rashida La sold 6,417 shares of the firm's stock in a transaction dated Thursday, August 28th. The stock was sold at an average price of $91.88, for a total value of $589,593.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 12.78% of the company's stock.
About Estee Lauder Companies
(
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.
Further Reading
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
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
