Chicago Capital LLC Acquires 3,335 Shares of The Estee Lauder Companies Inc. $EL

Key Points

• Chicago Capital LLC has increased its stake in The Estee Lauder Companies Inc. by 43.1%, acquiring an additional 3,335 shares for a total of 11,080 shares valued at approximately $895,000.
• Wall Street analysts have a consensus rating of "Hold" for Estee Lauder Companies, with a mixed set of price targets ranging from $60.00 to $100.00.
• The company reported $0.09 earnings per share, surpassing analysts' expectations, along with a quarterly revenue of $3.41 billion, although this reflects an 11.9% decline compared to the same quarter last year.

Chicago Capital LLC grew its holdings in shares of The Estee Lauder Companies Inc. (NYSE:EL - Free Report) by 43.1% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 11,080 shares of the company's stock after purchasing an additional 3,335 shares during the period. Chicago Capital LLC's holdings in Estee Lauder Companies were worth $895,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in EL. Independent Franchise Partners LLP boosted its stake in shares of Estee Lauder Companies by 1.5% in the first quarter. Independent Franchise Partners LLP now owns 7,976,434 shares of the company's stock valued at $526,445,000 after buying an additional 118,276 shares during the period. Invesco Ltd. raised its holdings in Estee Lauder Companies by 21.9% in the 1st quarter. Invesco Ltd. now owns 6,681,785 shares of the company's stock valued at $440,998,000 after acquiring an additional 1,200,537 shares in the last quarter. American Century Companies Inc. lifted its position in shares of Estee Lauder Companies by 34.9% during the 1st quarter. American Century Companies Inc. now owns 4,511,115 shares of the company's stock valued at $297,734,000 after acquiring an additional 1,167,508 shares during the period. Bank of New York Mellon Corp grew its holdings in shares of Estee Lauder Companies by 3.9% during the 1st quarter. Bank of New York Mellon Corp now owns 3,088,880 shares of the company's stock worth $203,866,000 after purchasing an additional 117,330 shares in the last quarter. Finally, Northern Trust Corp increased its position in shares of Estee Lauder Companies by 3.4% in the first quarter. Northern Trust Corp now owns 2,445,947 shares of the company's stock worth $161,433,000 after purchasing an additional 80,387 shares during the period. 55.15% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Estee Lauder Companies from $98.00 to $100.00 and gave the stock a "buy" rating in a research report on Thursday, August 21st. Citigroup upped their price target on shares of Estee Lauder Companies from $60.00 to $99.00 and gave the stock a "neutral" rating in a report on Tuesday, July 15th. Telsey Advisory Group reissued a "market perform" rating and issued a $99.00 price objective on shares of Estee Lauder Companies in a research note on Wednesday, August 20th. Wall Street Zen cut Estee Lauder Companies from a "hold" rating to a "sell" rating in a research note on Friday, August 22nd. Finally, JPMorgan Chase & Co. reduced their target price on Estee Lauder Companies from $101.00 to $99.00 and set an "overweight" rating on the stock in a report on Thursday, August 21st. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and twelve have assigned a Hold rating to the company's stock. According to MarketBeat.com, Estee Lauder Companies has a consensus rating of "Hold" and an average target price of $88.55.

Insider Activity

In other news, VP Lande Rashida La sold 6,417 shares of the company's stock in a transaction that occurred on Thursday, August 28th. The stock was sold at an average price of $91.88, for a total value of $589,593.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Lynn Forester sold 3,702 shares of Estee Lauder Companies stock in a transaction that occurred on Friday, August 29th. The stock was sold at an average price of $91.65, for a total transaction of $339,288.30. Following the sale, the director owned 15,479 shares in the company, valued at approximately $1,418,650.35. This represents a 19.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 13.05% of the company's stock.

Estee Lauder Companies Stock Performance

Shares of Estee Lauder Companies stock opened at $88.10 on Wednesday. The company's 50 day moving average price is $89.54 and its two-hundred day moving average price is $75.73. The firm has a market capitalization of $31.71 billion, a P/E ratio of -28.06, a P/E/G ratio of 2.55 and a beta of 1.15. The Estee Lauder Companies Inc. has a fifty-two week low of $48.37 and a fifty-two week high of $99.28. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.30 and a quick ratio of 0.92.

Estee Lauder Companies (NYSE:EL - Get Free Report) last announced its quarterly earnings results on Wednesday, August 20th. The company reported $0.09 earnings per share (EPS) 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 company had revenue of $3.41 billion during the quarter, compared to the consensus estimate of $3.36 billion. During the same period in the prior year, the business earned $0.64 earnings per share. The company'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, equities analysts forecast that The Estee Lauder Companies Inc. will post 1.36 earnings per share for the current fiscal year.

Estee Lauder Companies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd were paid a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend was Tuesday, September 2nd. Estee Lauder Companies's dividend payout ratio (DPR) 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.

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