Bayforest Capital Ltd Has $923,000 Position in The Estee Lauder Companies Inc. $EL

Key Points

• Bayforest Capital Ltd reduced its stake in The Estee Lauder Companies by 53.1% during the second quarter, leaving it with a position valued at $923,000 after selling 12,918 shares.
• Estee Lauder announced a quarterly dividend of $0.35, providing an annualized yield of 1.5%, with a dividend payout ratio of -44.59%.
• Following recent upgrades, Estee Lauder shares saw a 5.6% increase and have a current price target consensus averaging $91.30 from various analysts.

Bayforest Capital Ltd lowered its stake in The Estee Lauder Companies Inc. (NYSE:EL - Free Report) by 53.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 11,419 shares of the company's stock after selling 12,918 shares during the period. Bayforest Capital Ltd's holdings in Estee Lauder Companies were worth $923,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Annis Gardner Whiting Capital Advisors LLC grew its holdings in 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 period. Winthrop Capital Management LLC grew 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 acquiring an additional 560 shares during the period. TD Private Client Wealth LLC grew its holdings in Estee Lauder Companies by 246.4% during the 2nd quarter. TD Private Client Wealth LLC now owns 478 shares of the company's stock worth $39,000 after acquiring an additional 340 shares during the period. Golden State Wealth Management LLC grew 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 acquiring an additional 228 shares during the period. Finally, CVA Family Office LLC grew 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 acquiring an additional 359 shares during the period. Institutional investors and hedge funds own 55.15% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on EL. HSBC raised shares of Estee Lauder Companies from a "hold" rating to a "buy" rating and lifted their price target for the stock from $80.00 to $99.00 in a research report on Friday, June 27th. Telsey Advisory Group reissued a "market perform" rating and set a $99.00 price target on shares of Estee Lauder Companies in a research report on Wednesday, August 20th. UBS Group lifted their price target 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. The Goldman Sachs Group raised shares of Estee Lauder Companies from a "neutral" rating to a "buy" rating and lifted their price target for the stock from $76.00 to $115.00 in a research report on Monday. Finally, Bank of America began coverage on shares of Estee Lauder Companies in a research report on Thursday, July 10th. They set a "buy" rating and a $110.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $91.30.

Estee Lauder Companies Stock Up 5.6%

Shares of EL stock opened at $92.54 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 Estee Lauder Companies Inc. has a 1 year low of $48.37 and a 1 year high of $96.50. The firm's fifty day moving average price is $89.40 and its two-hundred day moving average price is $77.26. The firm has a market capitalization of $33.30 billion, a P/E ratio of -29.47, a PEG ratio of 2.50 and a beta of 1.16.

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 (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.02. The firm had revenue of $3.41 billion for the quarter, compared to analyst estimates of $3.36 billion. Estee Lauder Companies had a negative net margin of 7.91% and a positive return on equity of 12.37%. The company's revenue was down 11.9% compared to the same quarter last year. 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. On average, equities analysts predict that The Estee Lauder Companies Inc. will post 1.36 EPS 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. Investors of record on Tuesday, September 2nd were paid a $0.35 dividend. The ex-dividend date was Tuesday, September 2nd. This represents a $1.40 dividend on an annualized basis and a yield of 1.5%. Estee Lauder Companies's dividend payout ratio is -44.59%.

Insider Transactions at Estee Lauder Companies

In other Estee Lauder Companies 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 value of $339,288.30. Following the completion of the sale, the director owned 15,479 shares of the company's stock, valued at $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 is available at the SEC website. Also, VP Lande Rashida La sold 6,417 shares of the stock in a transaction that occurred 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. 13.05% of the stock is currently owned by corporate insiders.

Estee Lauder Companies 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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