Compagnie Lombard Odier SCmA grew its position in shares of The Estee Lauder Companies Inc. (NYSE:EL - Free Report) by 20.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 295,547 shares of the company's stock after buying an additional 51,128 shares during the period. Compagnie Lombard Odier SCmA owned approximately 0.08% of Estee Lauder Companies worth $23,880,000 at the end of the most recent quarter.
Other large investors have also recently added to or reduced their stakes in the company. Invesco Ltd. increased its position in shares of Estee Lauder Companies by 21.9% in the first quarter. Invesco Ltd. now owns 6,681,785 shares of the company's stock worth $440,998,000 after purchasing an additional 1,200,537 shares during the period. American Century Companies Inc. increased its position in shares of Estee Lauder Companies by 34.9% in the first 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 during the period. Nuveen LLC bought a new position in shares of Estee Lauder Companies in the first quarter worth $35,607,000. Price T Rowe Associates Inc. MD increased its position in shares of Estee Lauder Companies by 133.5% in the first 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 during the period. Finally, Jones Financial Companies Lllp increased its position in shares of Estee Lauder Companies by 371.0% in the first 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 during the period. Institutional investors own 55.15% of the company's stock.
Estee Lauder Companies Stock Performance
NYSE:EL opened at $87.40 on Tuesday. The stock's 50-day moving average is $89.55 and its 200-day moving average is $74.99. The stock has a market cap of $31.45 billion, a P/E ratio of -27.83, a price-to-earnings-growth ratio of 2.51 and a beta of 1.15. 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 current ratio of 1.30, a quick ratio of 0.92 and a debt-to-equity ratio of 1.89.
Estee Lauder Companies (NYSE:EL - Get Free Report) last posted its earnings results on Wednesday, August 20th. The company reported $0.09 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 business had revenue of $3.41 billion for the quarter, compared to the consensus estimate of $3.36 billion. During the same period last year, the company earned $0.64 EPS. The firm's 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. Equities research analysts anticipate that The Estee Lauder Companies Inc. will post 1.36 earnings per share for the current year.
Estee Lauder Companies Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd were given a dividend of $0.35 per share. The ex-dividend date was Tuesday, September 2nd. This represents a $1.40 annualized dividend and a yield of 1.6%. Estee Lauder Companies's dividend payout ratio (DPR) is currently -44.59%.
Wall Street Analyst Weigh In
EL has been the topic of a number of recent analyst reports. Barclays raised their price target on Estee Lauder Companies from $63.00 to $84.00 and gave the stock an "equal weight" rating in a research report on Tuesday, July 15th. Wall Street Zen cut Estee Lauder Companies from a "hold" rating to a "sell" rating in a research report on Friday, August 22nd. UBS Group raised their price objective on Estee Lauder Companies from $62.00 to $93.00 and gave the company a "neutral" rating in a research note on Thursday, July 17th. Wells Fargo & Company raised their price objective on Estee Lauder Companies from $60.00 to $90.00 and gave the company an "equal weight" rating in a research note on Wednesday, July 9th. Finally, Hsbc Global Res raised Estee Lauder Companies from a "hold" rating to a "strong-buy" rating in a research note on Friday, June 27th. One 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 company's stock. Based on data from MarketBeat, Estee Lauder Companies presently has a consensus rating of "Hold" and a consensus price target of $88.55.
Read Our Latest Research Report on EL
Insider Buying and Selling
In related 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 value of $589,593.96. The transaction was disclosed in a document filed with the SEC, which can be accessed through 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 value of $339,288.30. Following the completion of the transaction, the director directly 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. 12.78% of the stock is owned by insiders.
Estee Lauder Companies Company Profile
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Free Report)
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.
Further Reading
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