Covenant Asset Management LLC Buys Shares of 34,703 The Estee Lauder Companies Inc. $EL

Key Points

• Covenant Asset Management LLC bought a new stake of 34,703 shares of The Estée Lauder Companies (NYSE: EL) in Q4, valued at about $3.63 million.
• Several analysts have cut price targets recently (e.g., Deutsche Bank to $108, Wells Fargo to $75), leaving a consensus rating of "Hold" with an average price target of $97.95.
• Estee Lauder beat quarterly EPS estimates ($0.89 vs. $0.84) and set FY2026 guidance of $2.03–$2.23 EPS; the stock trades near $77, has a market cap of ~$27.9B and a ~1.8% dividend yield.

Covenant Asset Management LLC bought a new stake in The Estee Lauder Companies Inc. (NYSE:EL - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 34,703 shares of the company's stock, valued at approximately $3,634,000.

A number of other institutional investors have also bought and sold shares of EL. Wealthfront Advisers LLC grew its stake in Estee Lauder Companies by 2.0% during the fourth quarter. Wealthfront Advisers LLC now owns 67,141 shares of the company's stock worth $7,031,000 after purchasing an additional 1,308 shares during the period. Mitsubishi UFJ Trust & Banking Corp lifted its stake in Estee Lauder Companies by 27.4% in the fourth quarter. Mitsubishi UFJ Trust & Banking Corp now owns 121,892 shares of the company's stock valued at $12,765,000 after buying an additional 26,245 shares during the period. M&T Bank Corp boosted its holdings in shares of Estee Lauder Companies by 16.7% during the 4th quarter. M&T Bank Corp now owns 19,019 shares of the company's stock worth $1,992,000 after buying an additional 2,726 shares in the last quarter. Anchyra Partners LLC bought a new position in shares of Estee Lauder Companies during the 4th quarter worth approximately $393,000. Finally, Kestra Private Wealth Services LLC grew its position in shares of Estee Lauder Companies by 7.4% during the 4th quarter. Kestra Private Wealth Services LLC now owns 3,189 shares of the company's stock worth $334,000 after buying an additional 220 shares during the period. Institutional investors own 55.15% of the company's stock.

Analysts Set New Price Targets

EL has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft cut their target price on shares of Estee Lauder Companies from $124.00 to $108.00 and set a "buy" rating on the stock in a research note on Monday, March 30th. Wells Fargo & Company dropped their price objective on shares of Estee Lauder Companies from $90.00 to $75.00 and set an "equal weight" rating on the stock in a report on Wednesday, April 8th. Weiss Ratings restated a "sell (d)" rating on shares of Estee Lauder Companies in a research note on Thursday, January 22nd. Jefferies Financial Group initiated coverage on Estee Lauder Companies in a research report on Wednesday, January 14th. They issued a "hold" rating and a $110.00 target price for the company. Finally, TD Cowen dropped their price target on Estee Lauder Companies from $130.00 to $115.00 and set a "hold" rating on the stock in a research note on Monday, February 9th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Estee Lauder Companies currently has an average rating of "Hold" and an average price target of $97.95.

Estee Lauder Companies Stock Down 0.3%

EL opened at $77.10 on Wednesday. The company has a debt-to-equity ratio of 1.82, a current ratio of 1.36 and a quick ratio of 1.00. The company's 50-day moving average is $85.11 and its 200 day moving average is $96.72. The Estee Lauder Companies Inc. has a fifty-two week low of $56.66 and a fifty-two week high of $121.64. The firm has a market capitalization of $27.89 billion, a P/E ratio of -154.20, a PEG ratio of 0.90 and a beta of 1.26.

Estee Lauder Companies (NYSE:EL - Get Free Report) last posted its earnings results on Thursday, February 5th. The company reported $0.89 EPS for the quarter, topping the consensus estimate of $0.84 by $0.05. The firm had revenue of $4.23 billion for the quarter, compared to analysts' expectations of $4.22 billion. Estee Lauder Companies had a negative net margin of 1.21% and a positive return on equity of 17.59%. The company's quarterly revenue was up 5.6% compared to the same quarter last year. During the same quarter last year, the firm earned $0.62 EPS. Estee Lauder Companies has set its FY 2026 guidance at 2.030-2.230 EPS. Research analysts expect that The Estee Lauder Companies Inc. will post 2.22 earnings per share for the current fiscal year.

Estee Lauder Companies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Friday, February 27th were given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend was Friday, February 27th. Estee Lauder Companies's dividend payout ratio is currently -280.00%.

Estee Lauder Companies Company Profile

Estée Lauder Companies Inc NYSE: EL is a global leader in prestige beauty that develops, manufactures and markets a broad portfolio of skincare, makeup, fragrance and hair care products. Founded in 1946 by Estée Lauder, the company has grown from a small family business into a multinational consumer-products enterprise headquartered in New York City. Its activities span product research and development, brand and product marketing, manufacturing and global distribution across multiple retail channels.

The company's portfolio includes a mix of legacy and prestige brands that target different consumer segments and price points, with well-known names such as Estée Lauder, Clinique, MAC, La Mer and Jo Malone among others.

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