Bokf Na Purchases 20,274 Shares of The Estee Lauder Companies Inc. $EL

Key Points

• BOKF NA increased its Estee Lauder position by 6,991% in the third quarter, purchasing 20,274 shares for a total holding of 20,564 shares valued at approximately $1.91 million. Institutional investors collectively own 55.15% of the company.
• Analysts maintain a “Moderate Buy” consensus on EL, with an average price target of $106.92; recent targets range from $112 to $120, while ratings include Strong Buy, Buy, Hold and Sell recommendations.
• Estee Lauder exceeded quarterly earnings and revenue expectations, reporting $0.39 in EPS on $3.64 billion in revenue, up 6.3% year over year. The company also pays a $0.35 quarterly dividend, equal to a 1.3% yield.

Bokf Na increased its position in The Estee Lauder Companies Inc. (NYSE:EL - Free Report) by 6,991.0% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 20,564 shares of the company's stock after acquiring an additional 20,274 shares during the period. Bokf Na's holdings in Estee Lauder Companies were worth $1,908,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. VestGen Advisors LLC bought a new position in shares of Estee Lauder Companies in the third quarter worth $211,000. Generali Asset Management SPA SGR raised its stake in shares of Estee Lauder Companies by 36.0% during the third quarter. Generali Asset Management SPA SGR now owns 16,997 shares of the company's stock valued at $1,577,000 after purchasing an additional 4,502 shares in the last quarter. Oppenheimer & Co. Inc. raised its stake in shares of Estee Lauder Companies by 4.3% during the third quarter. Oppenheimer & Co. Inc. now owns 6,252 shares of the company's stock valued at $580,000 after purchasing an additional 255 shares in the last quarter. Park Avenue Securities LLC lifted its holdings in Estee Lauder Companies by 11.4% in the third quarter. Park Avenue Securities LLC now owns 9,716 shares of the company's stock worth $901,000 after purchasing an additional 998 shares during the period. Finally, Apollon Wealth Management LLC lifted its holdings in Estee Lauder Companies by 33.9% in the third quarter. Apollon Wealth Management LLC now owns 4,938 shares of the company's stock worth $458,000 after purchasing an additional 1,251 shares during the period. 55.15% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on EL shares. Morgan Stanley increased their target price on shares of Estee Lauder Companies from $102.00 to $112.00 and gave the company an "equal weight" rating in a research report on Thursday, October 15th. China Intl Cap raised shares of Estee Lauder Companies to a "strong-buy" rating in a research note on Sunday, August 30th. Jefferies Financial Group upped their price target on shares of Estee Lauder Companies from $100.00 to $120.00 and gave the stock a "hold" rating in a research note on Monday, October 19th. JPMorgan Chase & Co. increased their price objective on shares of Estee Lauder Companies from $112.00 to $115.00 and gave the company an "overweight" rating in a report on Monday, October 19th. Finally, Raymond James Financial raised their price objective on shares of Estee Lauder Companies from $110.00 to $115.00 and gave the company a "strong-buy" rating in a research note on Thursday, August 20th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, fourteen have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $106.92.

Estee Lauder Companies Price Performance

NYSE:EL opened at $109.35 on Friday. The business's 50-day moving average price is $100.36 and its 200 day moving average price is $91.92. The firm has a market cap of $39.56 billion, a P/E ratio of 223.16, a PEG ratio of 1.59 and a beta of 1.27. The Estee Lauder Companies Inc. has a 52-week low of $66.22 and a 52-week high of $121.64. The company has a quick ratio of 0.90, a current ratio of 1.22 and a debt-to-equity ratio of 1.79.

Estee Lauder Companies (NYSE:EL - Get Free Report) last issued its quarterly earnings results on Wednesday, August 19th. The company reported $0.39 earnings per share for the quarter, beating analysts' consensus estimates of $0.32 by $0.07. The company had revenue of $3.64 billion during the quarter, compared to the consensus estimate of $3.55 billion. Estee Lauder Companies had a net margin of 1.21% and a return on equity of 23.52%. Estee Lauder Companies's revenue was up 6.3% on a year-over-year basis. During the same period in the prior year, the company earned $0.09 EPS. Estee Lauder Companies has set its FY 2027 guidance at 3.100-3.350 EPS. As a group, sell-side analysts predict that The Estee Lauder Companies Inc. will post 3.32 earnings per share for the current fiscal year.

Estee Lauder Companies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st were issued a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Monday, August 31st. Estee Lauder Companies's dividend payout ratio is currently 285.71%.

Insider Activity at Estee Lauder Companies

In other Estee Lauder Companies news, Director Paul J. Fribourg sold 58,000 shares of the business's stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $98.17, for a total transaction of $5,693,860.00. Following the sale, the director owned 417,300 shares in the company, valued at approximately $40,966,341. The trade was a 12.20% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Rashida La Lande sold 7,766 shares of the company's stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $103.32, for a total transaction of $802,383.12. Following the sale, the vice president directly owned 14,357 shares of the company's stock, valued at $1,483,365.24. This represents a 35.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 75,105 shares of company stock worth $7,423,185 in the last quarter. 11.54% of the stock is owned by company insiders.

About Estee Lauder Companies

The Estée Lauder Companies Inc NYSE: EL is a global prestige beauty company that develops, markets and sells skincare, makeup, fragrance and hair-care products. Its portfolio includes brands such as Estée Lauder, Clinique, M·A·C, La Mer, Jo Malone London, Aveda, Bobbi Brown Cosmetics, Tom Ford Beauty, Le Labo and The Ordinary.

Founded in 1946 by Estée and Joseph Lauder, the company began with four skincare products and has expanded into a multinational beauty business. Its products are sold through department and specialty stores, beauty retailers, brand-operated stores, e-commerce platforms, salons, spas and other distribution channels.

The Estée Lauder Companies serves consumers in markets across the Americas, Europe, the Middle East and Africa, and Asia-Pacific.

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