The Estee Lauder Companies Inc. $EL Shares Sold by Candriam S.C.A.

Key Points

• Candriam S.C.A. reduced its stake in The Estee Lauder Companies Inc. by 20.7%, selling 3,830 shares during the 1st quarter, which leaves them with 14,711 shares valued at approximately $971,000.
• Despite Candriam's reduction, several other investors significantly increased their holdings in Estee Lauder, including Annis Gardner Whiting Capital Advisors, which raised its stake by 1,182.1%.
• Estee Lauder recently reported quarterly earnings of $0.09 per share, surpassing estimates and generating revenues of $3.41 billion, although this represented an 11.9% decrease year-over-year.

Candriam S.C.A. decreased its position in The Estee Lauder Companies Inc. (NYSE:EL - Free Report) by 20.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,711 shares of the company's stock after selling 3,830 shares during the quarter. Candriam S.C.A.'s holdings in Estee Lauder Companies were worth $971,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. GM Advisory Group LLC purchased a new stake in shares of Estee Lauder Companies during the first quarter worth about $1,352,000. Level Four Advisory Services LLC boosted its holdings in Estee Lauder Companies by 133.1% in the first quarter. Level Four Advisory Services LLC now owns 33,897 shares of the company's stock valued at $2,237,000 after purchasing an additional 19,356 shares during the last quarter. EntryPoint Capital LLC acquired a new stake in Estee Lauder Companies during the 1st quarter valued at approximately $454,000. Banco Bilbao Vizcaya Argentaria S.A. increased its holdings in Estee Lauder Companies by 0.3% during the 1st quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 100,034 shares of the company's stock worth $6,583,000 after purchasing an additional 262 shares during the last quarter. Finally, Groupama Asset Managment raised its position in shares of Estee Lauder Companies by 76.3% in the 1st quarter. Groupama Asset Managment now owns 12,788 shares of the company's stock valued at $837,000 after purchasing an additional 5,535 shares in the last quarter. 55.15% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Estee Lauder Companies

In other news, VP Lande Rashida La sold 6,417 shares of Estee Lauder Companies stock in a transaction that occurred on Thursday, August 28th. The stock was sold at an average price of $91.88, for a total transaction of $589,593.96. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 12.78% of the company's stock.

Estee Lauder Companies Stock Performance

NYSE:EL traded down $0.02 during midday trading on Friday, reaching $91.75. 2,357,777 shares of the company traded hands, compared to its average volume of 4,146,223. The firm has a market capitalization of $33.02 billion, a price-to-earnings ratio of -29.22, a price-to-earnings-growth ratio of 2.62 and a beta of 1.18. The company has a fifty day moving average price of $88.40 and a 200 day moving average price of $73.11. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.30 and a quick ratio of 0.92. The Estee Lauder Companies Inc. has a twelve month low of $48.37 and a twelve month 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 (EPS) for the quarter, beating analysts' consensus estimates of $0.07 by $0.02. Estee Lauder Companies had a positive return on equity of 12.37% and a negative net margin of 7.91%.The company had revenue of $3.41 billion for the quarter, compared to analysts' expectations of $3.36 billion. During the same period last year, the business posted $0.64 earnings per share. The firm's quarterly revenue 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, analysts expect that The Estee Lauder Companies Inc. will post 1.36 EPS for the current fiscal year.

Estee Lauder Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd will be given a $0.35 dividend. The ex-dividend date is Tuesday, September 2nd. This represents a $1.40 annualized dividend and a yield of 1.5%. Estee Lauder Companies's dividend payout ratio is -44.59%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on EL. Hsbc Global Res upgraded shares of Estee Lauder Companies from a "hold" rating to a "strong-buy" rating in a research note on Friday, June 27th. Canaccord Genuity Group boosted their target price on shares of Estee Lauder Companies from $62.00 to $85.00 and gave the stock a "hold" rating in a research report on Monday, August 18th. Citigroup upped their target price on shares of Estee Lauder Companies from $60.00 to $99.00 and gave the company a "neutral" rating in a research note on Tuesday, July 15th. UBS Group lifted their price target on Estee Lauder Companies from $62.00 to $93.00 and gave the stock a "neutral" rating in a research note on Thursday, July 17th. Finally, Telsey Advisory Group reissued a "market perform" rating and issued a $99.00 price objective on shares of Estee Lauder Companies in a report on Wednesday, August 20th. 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. According to data from MarketBeat.com, Estee Lauder Companies currently has a consensus rating of "Hold" and a consensus target price of $87.80.

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.