Apollon Wealth Management LLC acquired a new position in shares of The Estee Lauder Companies Inc. (NYSE:EL - Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 5,724 shares of the company's stock, valued at approximately $463,000.
Other institutional investors have also recently added to or reduced their stakes in the company. Joel Isaacson & Co. LLC boosted its stake in shares of Estee Lauder Companies by 0.4% during the 2nd quarter. Joel Isaacson & Co. LLC now owns 28,826 shares of the company's stock valued at $2,329,000 after buying an additional 120 shares during the period. Signaturefd LLC grew its stake in Estee Lauder Companies by 9.3% in the second quarter. Signaturefd LLC now owns 1,815 shares of the company's stock valued at $147,000 after purchasing an additional 154 shares in the last quarter. Horizon Investments LLC increased its position in Estee Lauder Companies by 5.1% in the 1st quarter. Horizon Investments LLC now owns 3,351 shares of the company's stock worth $221,000 after purchasing an additional 164 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd lifted its holdings in shares of Estee Lauder Companies by 0.7% during 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 buying an additional 171 shares during the last quarter. Finally, HB Wealth Management LLC grew its stake in shares of Estee Lauder Companies by 5.6% in the 2nd quarter. HB Wealth Management LLC now owns 3,416 shares of the company's stock valued at $276,000 after buying an additional 180 shares in the last quarter. Institutional investors and hedge funds own 55.15% of the company's stock.
Estee Lauder Companies Stock Up 1.5%
EL stock opened at $96.67 on Friday. The stock has a market capitalization of $34.79 billion, a price-to-earnings ratio of -30.79, a price-to-earnings-growth ratio of 2.72 and a beta of 1.16. The company has a 50-day moving average of $89.70 and a two-hundred day moving average of $77.72. The Estee Lauder Companies Inc. has a 52-week low of $48.37 and a 52-week high of $98.98. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.30 and a quick ratio of 0.92.
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. The business had revenue of $3.41 billion during the quarter, compared to analysts' expectations 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 firm's revenue was down 11.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.64 EPS. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. As a group, equities research analysts anticipate that The Estee Lauder Companies Inc. will post 1.36 EPS for the current year.
Estee Lauder Companies Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd were given a dividend of $0.35 per share. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $1.40 dividend on an annualized basis and a yield of 1.4%. Estee Lauder Companies's payout ratio is -44.59%.
Insider Buying and Selling at Estee Lauder Companies
In other news, Director Lynn Forester sold 3,702 shares of the business'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 owned 15,479 shares in the company, valued at approximately $1,418,650.35. The trade was a 19.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP Lande Rashida La sold 6,417 shares of the 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. 13.05% of the stock is owned by corporate insiders.
Analyst Upgrades and Downgrades
Several brokerages recently weighed in on EL. Hsbc Global Res raised shares of Estee Lauder Companies from a "hold" rating to a "strong-buy" rating in a research report on Friday, June 27th. Canaccord Genuity Group raised their price target on shares of Estee Lauder Companies from $62.00 to $85.00 and gave the company a "hold" rating in a report on Monday, August 18th. Wall Street Zen cut shares of Estee Lauder Companies from a "hold" rating to a "sell" rating in a report on Friday, August 22nd. 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 report on Thursday, July 17th. Finally, Weiss Ratings reaffirmed a "sell (d)" rating on shares of Estee Lauder Companies in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, Estee Lauder Companies currently has a consensus rating of "Hold" and a consensus price target of $91.30.
View Our Latest Stock Analysis on Estee Lauder Companies
Estee Lauder Companies Company Profile
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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
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