Circle Wealth Management LLC Invests $335,000 in The Estee Lauder Companies Inc. $EL

Key Points

• Circle Wealth Management LLC purchased 5,072 shares of The Estee Lauder Companies Inc. for approximately $335,000 during the first quarter, as disclosed in a recent 13F filing.
• The company reported earnings per share of $0.09 for its last quarter, beating analysts' expectations, although revenue was down 11.9% compared to the previous year.
• A quarterly dividend of $0.35 per share will be paid to stockholders on September 16th, resulting in an annualized dividend yield of 1.5%.

Circle Wealth Management LLC purchased a new stake in The Estee Lauder Companies Inc. (NYSE:EL - Free Report) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 5,072 shares of the company's stock, valued at approximately $335,000.

A number of other large investors have also recently added to or reduced their stakes in the company. Invesco Ltd. lifted its stake in shares of Estee Lauder Companies by 21.9% during the 1st 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 during the last quarter. American Century Companies Inc. lifted its stake 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 worth $297,734,000 after buying an additional 1,167,508 shares during the last quarter. Ensign Peak Advisors Inc lifted its stake in shares of Estee Lauder Companies by 12.0% during the 4th quarter. Ensign Peak Advisors Inc now owns 3,608,142 shares of the company's stock worth $270,538,000 after buying an additional 385,677 shares during the last quarter. Bank of New York Mellon Corp lifted its stake 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 buying an additional 117,330 shares during the last quarter. Finally, Northern Trust Corp lifted its stake in shares of Estee Lauder Companies by 3.4% during the 1st quarter. Northern Trust Corp now owns 2,445,947 shares of the company's stock worth $161,433,000 after buying an additional 80,387 shares during the last quarter. Institutional investors and hedge funds own 55.15% of the company's stock.

Estee Lauder Companies Price Performance

Shares of Estee Lauder Companies stock traded up $1.05 on Tuesday, reaching $89.73. The stock had a trading volume of 3,810,839 shares, compared to its average volume of 4,206,291. The Estee Lauder Companies Inc. has a 1 year low of $48.37 and a 1 year high of $103.44. The company has a market cap of $32.28 billion, a P/E ratio of -28.58, a price-to-earnings-growth 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 business's 50 day moving average is $87.07 and its two-hundred day moving average is $72.51.

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 analysts' consensus estimates 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 firm had revenue of $3.41 billion for the quarter, compared to the consensus estimate of $3.36 billion. During the same period in the prior year, the firm posted $0.64 earnings per share. The company's revenue for the quarter was down 11.9% on a year-over-year basis. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. As a group, research analysts anticipate that The Estee Lauder Companies Inc. will post 1.36 EPS for the current year.

Estee Lauder Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 16th. Investors 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 of this dividend is Tuesday, September 2nd. Estee Lauder Companies's dividend payout ratio (DPR) is currently -44.59%.

Analysts Set New Price Targets

EL has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft raised their price target 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. Wall Street Zen downgraded shares of Estee Lauder Companies from a "hold" rating to a "sell" rating in a research report on Friday. B. Riley restated a "neutral" rating and issued a $60.00 price target (down previously from $70.00) on shares of Estee Lauder Companies in a research report on Friday, May 2nd. Bank of America began coverage on shares of Estee Lauder Companies in a research note on Thursday, July 10th. They issued a "buy" rating and a $110.00 price objective for the company. Finally, Telsey Advisory Group restated a "market perform" rating and set a $99.00 price target on shares of Estee Lauder Companies in a research note on Wednesday, August 20th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and twelve have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $87.80.

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.