Cacti Asset Management LLC Grows Stock Holdings in The Estee Lauder Companies Inc. $EL

Key Points

• Cacti Asset Management LLC significantly increased its stake in The Estee Lauder Companies Inc. by 42.9%, owning 10,000 shares worth approximately $801,000.
• Institutional investors collectively own 55.15% of Estee Lauder's stock, indicating strong institutional interest in the company.
• The company reported a quarterly EPS of $0.09, surpassing expectations, but saw a revenue decline of 11.9% compared to the same quarter last year.

Cacti Asset Management LLC increased its position in shares of The Estee Lauder Companies Inc. (NYSE:EL - Free Report) by 42.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,000 shares of the company's stock after acquiring an additional 3,000 shares during the period. Cacti Asset Management LLC's holdings in Estee Lauder Companies were worth $801,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Invesco Ltd. increased its holdings in shares of Estee Lauder Companies by 21.9% during the first quarter. Invesco Ltd. now owns 6,681,785 shares of the company's stock worth $440,998,000 after buying an additional 1,200,537 shares in the last quarter. American Century Companies Inc. increased its holdings in Estee Lauder Companies by 34.9% in the 1st quarter. American Century Companies Inc. now owns 4,511,115 shares of the company's stock worth $297,734,000 after purchasing an additional 1,167,508 shares in the last quarter. Nuveen LLC acquired a new position in Estee Lauder Companies in the 1st quarter worth about $35,607,000. Price T Rowe Associates Inc. MD increased its holdings in Estee Lauder Companies by 133.5% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 781,341 shares of the company's stock worth $51,570,000 after purchasing an additional 446,662 shares in the last quarter. Finally, Jones Financial Companies Lllp increased its holdings in Estee Lauder Companies by 371.0% in the 1st quarter. Jones Financial Companies Lllp now owns 552,247 shares of the company's stock worth $36,448,000 after purchasing an additional 434,988 shares in the last quarter. Institutional investors and hedge funds own 55.15% of the company's stock.

Insider Transactions at Estee Lauder Companies

In other news, Director Lynn Forester sold 3,702 shares of the business's stock in a transaction that occurred on Friday, August 29th. The shares were sold at an average price of $91.65, for a total value of $339,288.30. Following 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 ownership of the stock. 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 firm's stock in a transaction 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. 12.78% of the stock is owned by insiders.

Estee Lauder Companies Stock Up 1.1%

Estee Lauder Companies stock traded up $0.97 during midday trading on Tuesday, hitting $88.37. 2,255,922 shares of the stock were exchanged, compared to its average volume of 3,868,813. The Estee Lauder Companies Inc. has a 52-week low of $48.37 and a 52-week high of $103.44. The stock has a market capitalization of $31.80 billion, a price-to-earnings ratio of 58.27, a price-to-earnings-growth ratio of 2.50 and a beta of 1.15. The business's 50-day moving average price is $89.67 and its 200-day moving average price is $74.40. The company has a quick ratio of 0.92, a current ratio of 1.30 and a debt-to-equity ratio of 1.89.

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, topping the consensus estimate 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 business had revenue of $3.41 billion for the quarter, compared to analysts' expectations of $3.36 billion. During the same period in the previous year, the company earned $0.64 earnings per share. The firm's revenue for the quarter was down 11.9% compared to the same quarter last year. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. On average, research analysts expect 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 announced a quarterly dividend, which will be paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd will be paid a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date is Tuesday, September 2nd. Estee Lauder Companies's payout ratio is presently -44.59%.

Analyst Ratings Changes

EL has been the subject of a number of recent research reports. JPMorgan Chase & Co. lowered their target price on Estee Lauder Companies from $101.00 to $99.00 and set an "overweight" rating for the company in a report on Thursday, August 21st. Evercore ISI raised their price target on shares of Estee Lauder Companies from $100.00 to $115.00 and gave the company an "outperform" rating in a research note on Monday. HSBC raised shares of Estee Lauder Companies from a "hold" rating to a "buy" rating and raised their price target for the company from $80.00 to $99.00 in a research note on Friday, June 27th. Wall Street Zen downgraded shares of Estee Lauder Companies from a "hold" rating to a "sell" rating in a research note on Friday, August 22nd. Finally, UBS Group raised their price target 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. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and twelve have issued a Hold rating to the stock. According to MarketBeat, Estee Lauder Companies currently has a consensus rating of "Hold" and an average price target of $88.55.

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.