Amundi Decreases Holdings in The Estee Lauder Companies Inc. $EL

Key Points

• Amundi has reduced its holdings in The Estee Lauder Companies by 39.8%, owning 1,277,928 shares valued at approximately $84.34 million after selling 843,163 shares.
• Despite Amundi's sell-off, other institutional investors have increased their positions, with Mather Group LLC boosting their stake by 442.5% in the same quarter.
• The company reported a quarterly earnings per share of $0.09, surpassing analysts' expectations, although it experienced an 11.9% decrease in revenue year-over-year.

Amundi cut its position in shares of The Estee Lauder Companies Inc. (NYSE:EL - Free Report) by 39.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,277,928 shares of the company's stock after selling 843,163 shares during the quarter. Amundi owned about 0.36% of Estee Lauder Companies worth $84,343,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of EL. Bank Pictet & Cie Europe AG increased its position in shares of Estee Lauder Companies by 5.4% during the fourth 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. acquired a new stake in shares of Estee Lauder Companies during the fourth quarter worth $487,000. Captrust Financial Advisors grew its holdings in Estee Lauder Companies by 117.6% in the fourth quarter. Captrust Financial Advisors now owns 20,806 shares of the company's stock worth $1,560,000 after purchasing an additional 11,243 shares during the period. Cetera Investment Advisers grew its holdings in Estee Lauder Companies by 14.1% in the fourth quarter. Cetera Investment Advisers now owns 27,926 shares of the company's stock worth $2,094,000 after purchasing an additional 3,449 shares during the period. Finally, EP Wealth Advisors LLC grew its holdings in Estee Lauder Companies by 7.3% in the fourth quarter. EP Wealth Advisors LLC now owns 4,334 shares of the company's stock worth $325,000 after purchasing an additional 296 shares during the period. 55.15% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Estee Lauder Companies

In related news, Director Lynn Forester sold 3,702 shares of the firm's stock in a transaction dated 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 directly owned 15,479 shares of the company's stock, valued at $1,418,650.35. This trade represents a 19.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Lande Rashida La sold 6,417 shares of the firm's stock in a transaction dated 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. 12.78% of the stock is owned by company insiders.

Estee Lauder Companies Stock Down 3.6%

Shares of EL traded down $3.13 during trading hours on Friday, reaching $83.68. 3,242,681 shares of the stock traded hands, compared to its average volume of 4,000,579. 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 stock has a fifty day simple moving average of $89.64 and a 200 day simple moving average of $74.28. The Estee Lauder Companies Inc. has a 52 week low of $48.37 and a 52 week high of $103.44. The company has a market cap of $30.12 billion, a price-to-earnings ratio of -26.65, a PEG ratio of 2.48 and a beta of 1.15.

Estee Lauder Companies (NYSE:EL - Get Free Report) last released its quarterly earnings results on Wednesday, August 20th. The company reported $0.09 earnings per share for the quarter, beating analysts' consensus estimates 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 company had revenue of $3.41 billion for the quarter, compared to analyst estimates of $3.36 billion. During the same period last year, the firm earned $0.64 earnings per share. The firm'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, equities analysts forecast that The Estee Lauder Companies Inc. will post 1.36 EPS for the current year.

Estee Lauder Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd will be given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Tuesday, September 2nd. Estee Lauder Companies's dividend payout ratio (DPR) is presently -44.59%.

Wall Street Analysts Forecast Growth

A number of research firms have commented on EL. Canaccord Genuity Group raised their price target on shares of Estee Lauder Companies from $62.00 to $85.00 and gave the stock a "hold" rating in a report on Monday, August 18th. Citigroup raised their price target on shares of Estee Lauder Companies from $60.00 to $99.00 and gave the stock a "neutral" rating in a report on Tuesday, July 15th. Telsey Advisory Group restated a "market perform" rating and issued a $99.00 price target on shares of Estee Lauder Companies in a report on Wednesday, August 20th. Barclays raised their price target on shares of Estee Lauder Companies from $63.00 to $84.00 and gave the stock an "equal weight" rating in a report on Tuesday, July 15th. Finally, HSBC upgraded shares of Estee Lauder Companies from a "hold" rating to a "buy" rating and raised their price target for the stock from $80.00 to $99.00 in a report on Friday, June 27th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and twelve have given a Hold rating to the company's stock. According to MarketBeat.com, Estee Lauder Companies currently has a consensus rating of "Hold" and a consensus price target of $87.80.

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.