Brown Shipley& Co Ltd Decreases Position in The Estee Lauder Companies Inc. $EL

Key Points

• Brown Shipley & Co Ltd reduced its holdings in The Estee Lauder Companies Inc. by 72.6%, now owning 9,969 shares valued at $658,000.
• The company recently reported better-than-expected earnings of $0.09 per share, surpassing consensus estimates, despite a year-over-year revenue decline of 11.9%.
• Analysts have raised their ratings and price targets for Estee Lauder, with HSBC upgrading the stock from a "hold" to a "buy" rating and increasing the target price to $99.00.

Brown Shipley& Co Ltd decreased its holdings in The Estee Lauder Companies Inc. (NYSE:EL - Free Report) by 72.6% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 9,969 shares of the company's stock after selling 26,402 shares during the quarter. Estee Lauder Companies accounts for approximately 0.4% of Brown Shipley& Co Ltd's investment portfolio, making the stock its 28th biggest holding. Brown Shipley& Co Ltd's holdings in Estee Lauder Companies were worth $658,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Annis Gardner Whiting Capital Advisors LLC grew its position in Estee Lauder Companies by 1,182.1% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 500 shares of the company's stock worth $33,000 after purchasing an additional 461 shares in the last quarter. Winthrop Capital Management LLC increased its stake in Estee Lauder Companies by 2,240.0% in the 1st quarter. Winthrop Capital Management LLC now owns 585 shares of the company's stock valued at $39,000 after buying an additional 560 shares during the last quarter. Golden State Wealth Management LLC increased its stake in Estee Lauder Companies by 57.3% in the 1st quarter. Golden State Wealth Management LLC now owns 626 shares of the company's stock valued at $41,000 after buying an additional 228 shares during the last quarter. CVA Family Office LLC increased its stake in Estee Lauder Companies by 116.2% in the 1st quarter. CVA Family Office LLC now owns 668 shares of the company's stock valued at $44,000 after buying an additional 359 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its stake in Estee Lauder Companies by 41.0% in the 1st quarter. Farther Finance Advisors LLC now owns 787 shares of the company's stock valued at $53,000 after buying an additional 229 shares during the last quarter. Institutional investors own 55.15% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Piper Sandler reiterated an "overweight" rating and issued a $75.00 price objective (down previously from $92.00) on shares of Estee Lauder Companies in a research note on Friday, May 2nd. HSBC upgraded shares of Estee Lauder Companies from a "hold" rating to a "buy" rating and increased their price objective for the company from $80.00 to $99.00 in a research note on Friday, June 27th. UBS Group increased their price objective on shares of Estee Lauder Companies from $62.00 to $93.00 and gave the company a "neutral" rating in a research note on Thursday, July 17th. Wall Street Zen downgraded shares of Estee Lauder Companies from a "hold" rating to a "sell" rating in a research report on Friday. Finally, Wells Fargo & Company increased their target price on shares of Estee Lauder Companies from $60.00 to $90.00 and gave the company an "equal weight" rating in a research report on Wednesday, July 9th. 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 has a consensus rating of "Hold" and a consensus target price of $87.80.

Estee Lauder Companies Stock Performance

Shares of EL stock traded down $2.51 during trading on Monday, reaching $88.72. 3,913,202 shares of the company's stock traded hands, compared to its average volume of 4,205,857. The company has a market capitalization of $31.92 billion, a P/E ratio of -28.25, a PEG ratio of 2.61 and a beta of 1.18. 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 firm's 50-day moving average is $86.79 and its 200 day moving average is $72.35. The Estee Lauder Companies Inc. has a 1 year low of $48.37 and a 1 year high of $103.44.

Estee Lauder Companies (NYSE:EL - Get Free Report) last posted its earnings results on Wednesday, August 20th. The company reported $0.09 earnings per share for the quarter, topping analysts' consensus estimates of $0.07 by $0.02. The business 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%. Estee Lauder Companies's revenue was down 11.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.64 EPS. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. Equities research analysts expect that The Estee Lauder Companies Inc. will post 1.36 EPS for the current year.

Estee Lauder Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd will be issued a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Tuesday, September 2nd. Estee Lauder Companies's payout ratio is presently -44.59%.

About Estee Lauder Companies

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.