Erste Asset Management GmbH Lowers Holdings in The Estee Lauder Companies Inc. $EL

Key Points

• Erste Asset Management GmbH has reduced its holdings in The Estee Lauder Companies Inc. by 39.5%, now owning 6,136 shares valued at $401,000 after selling 4,000 shares in the first quarter.
• Analysts have mixed views on Estee Lauder's stock, with price targets ranging from $60.00 to $100.00 and a consensus rating of "Hold."
• The company reported a revenue of $3.41 billion for the last quarter, a decrease of 11.9% year-over-year, while also announcing a quarterly dividend of $0.35 per share.

Erste Asset Management GmbH decreased its holdings in The Estee Lauder Companies Inc. (NYSE:EL - Free Report) by 39.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,136 shares of the company's stock after selling 4,000 shares during the quarter. Erste Asset Management GmbH's holdings in Estee Lauder Companies were worth $401,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in EL. Bank Pictet & Cie Europe AG grew its holdings in Estee Lauder Companies by 5.4% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 91,200 shares of the company's stock valued at $6,838,000 after buying an additional 4,690 shares during the period. American Assets Inc. purchased a new stake in shares of Estee Lauder Companies during the 4th quarter worth about $487,000. Dimensional Fund Advisors LP grew its holdings in shares of Estee Lauder Companies by 15.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 579,430 shares of the company's stock worth $43,444,000 after purchasing an additional 75,499 shares during the period. BI Asset Management Fondsmaeglerselskab A S purchased a new stake in shares of Estee Lauder Companies during the 4th quarter worth about $443,000. Finally, MetLife Investment Management LLC grew its holdings in shares of Estee Lauder Companies by 1.7% during the 4th quarter. MetLife Investment Management LLC now owns 65,400 shares of the company's stock worth $4,904,000 after purchasing an additional 1,066 shares during the period. Hedge funds and other institutional investors own 55.15% of the company's stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Evercore ISI boosted their target price on Estee Lauder Companies from $90.00 to $100.00 and gave the stock an "outperform" rating in a report on Thursday, June 26th. Telsey Advisory Group reiterated a "market perform" rating and set a $99.00 target price on shares of Estee Lauder Companies in a report on Wednesday. Piper Sandler reiterated an "overweight" rating and set a $75.00 target price (down previously from $92.00) on shares of Estee Lauder Companies in a report on Friday, May 2nd. B. Riley reiterated a "neutral" rating and set a $60.00 target price (down previously from $70.00) on shares of Estee Lauder Companies in a report on Friday, May 2nd. Finally, Citigroup boosted their target price on Estee Lauder Companies from $60.00 to $99.00 and gave the stock a "neutral" rating in a report on Tuesday, July 15th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and twelve have assigned a Hold rating to the company's stock. According to MarketBeat.com, Estee Lauder Companies currently has a consensus rating of "Hold" and an average price target of $87.80.

Estee Lauder Companies Stock Performance

Estee Lauder Companies stock opened at $91.0830 on Friday. The stock's 50 day moving average price is $86.79 and its 200 day moving average price is $72.25. The firm has a market capitalization of $32.77 billion, a PE ratio of -29.01, a price-to-earnings-growth ratio of 6.80 and a beta of 1.18. The company has a debt-to-equity ratio of 1.89, a quick ratio of 1.02 and a current ratio of 1.30. The Estee Lauder Companies Inc. has a one year low of $48.37 and a one year high of $103.44.

Estee Lauder Companies (NYSE:EL - Get Free Report) last released its quarterly 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. The firm had revenue of $3.41 billion for the quarter, compared to analyst estimates of $3.36 billion. Estee Lauder Companies had a positive return on equity of 12.37% and a negative net margin of 7.91%.Estee Lauder Companies's revenue for the quarter was down 11.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.64 EPS. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. As a group, sell-side analysts expect that The Estee Lauder Companies Inc. will post 1.36 EPS for the current fiscal year.

Estee Lauder Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd will be given a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Tuesday, September 2nd. Estee Lauder Companies's dividend payout ratio is presently -44.59%.

Estee Lauder Companies 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.

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