CX Institutional Increases Position in The Estee Lauder Companies Inc. $EL

Key Points

• CX Institutional has significantly increased its stake in The Estee Lauder Companies Inc. by 1,301.7% in Q2, now holding 3,308 shares valued at $267,000.
• Analysts have recently upgraded their ratings and price targets for Estee Lauder, with Evercore ISI raising it from $100 to $115 and UBS Group from $62 to $93.
• The company reported earnings of $0.09 per share, surpassing analysts' expectations, despite a year-over-year revenue decline of 11.9% compared to last year.

CX Institutional increased its stake in The Estee Lauder Companies Inc. (NYSE:EL - Free Report) by 1,301.7% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,308 shares of the company's stock after purchasing an additional 3,072 shares during the quarter. CX Institutional's holdings in Estee Lauder Companies were worth $267,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in EL. Mackenzie Financial Corp increased its holdings in Estee Lauder Companies by 32.0% during the 4th quarter. Mackenzie Financial Corp now owns 31,347 shares of the company's stock valued at $2,350,000 after acquiring an additional 7,592 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in Estee Lauder Companies during the 4th quarter valued at about $10,634,000. First Hawaiian Bank increased its holdings in Estee Lauder Companies by 2.9% during the 1st quarter. First Hawaiian Bank now owns 7,200 shares of the company's stock valued at $475,000 after acquiring an additional 200 shares in the last quarter. GAMMA Investing LLC increased its holdings in Estee Lauder Companies by 8,283.2% during the 1st quarter. GAMMA Investing LLC now owns 238,920 shares of the company's stock valued at $15,769,000 after acquiring an additional 236,070 shares in the last quarter. Finally, Investors Research Corp increased its holdings in Estee Lauder Companies by 14.7% during the 1st quarter. Investors Research Corp now owns 1,949 shares of the company's stock valued at $129,000 after acquiring an additional 250 shares in the last quarter. Hedge funds and other institutional investors own 55.15% of the company's stock.

Analysts Set New Price Targets

EL has been the subject of several recent research reports. Hsbc Global Res upgraded shares of Estee Lauder Companies from a "hold" rating to a "strong-buy" rating in a report on Friday, June 27th. Evercore ISI raised their price target on shares of Estee Lauder Companies from $100.00 to $115.00 and gave the stock an "outperform" rating in a research note on Monday, September 15th. UBS Group raised their price target on shares of Estee Lauder Companies from $62.00 to $93.00 and gave the stock a "neutral" rating in a research note on Thursday, July 17th. Telsey Advisory Group reaffirmed 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. Finally, 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 note on Thursday, August 21st. One equities research 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 stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $88.55.

Estee Lauder Companies Price Performance

EL opened at $86.70 on Friday. The company has a quick ratio of 0.92, a current ratio of 1.30 and a debt-to-equity ratio of 1.89. The Estee Lauder Companies Inc. has a 52-week low of $48.37 and a 52-week high of $103.44. The company has a 50 day moving average of $89.50 and a two-hundred day moving average of $75.42. The company has a market cap of $31.20 billion, a P/E ratio of -27.61, a P/E/G ratio of 2.48 and a beta of 1.15.

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 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 business had revenue of $3.41 billion for the quarter, compared to analysts' expectations of $3.36 billion. During the same period in the previous year, the company posted $0.64 earnings per share. The business'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, analysts expect that The Estee Lauder Companies Inc. will post 1.36 earnings per share for the current year.

Estee Lauder Companies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd were given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend was Tuesday, September 2nd. Estee Lauder Companies's payout ratio is presently -44.59%.

Insiders Place Their Bets

In related news, Director Lynn Forester sold 3,702 shares of the company's stock in a transaction on Friday, August 29th. The shares were sold at an average price of $91.65, for a total value of $339,288.30. Following the sale, the director directly owned 15,479 shares of the company's stock, valued at $1,418,650.35. This represents a 19.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Lande Rashida La sold 6,417 shares of the company's stock in a transaction on Thursday, August 28th. The shares were sold at an average price of $91.88, for a total transaction of $589,593.96. The disclosure for this sale can be found here. Insiders own 12.78% of the company's stock.

Estee Lauder Companies Company 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.

Want to see what other hedge funds are holding EL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Estee Lauder Companies Inc. (NYSE:EL - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.