Ethic Inc. Boosts Stock Holdings in The Estee Lauder Companies Inc. $EL

Key Points

• Ethic Inc. increased its stake in The Estée Lauder Companies by 13.1%, owning a total of 25,161 shares worth approximately $1.7 million as of the end of the most recent quarter.
• Multiple institutional investors, including Bank Pictet & Cie Europe AG and Bessemer Group Inc., have also raised their holdings in Estee Lauder Companies, reflecting increasing confidence in the stock.
• Analysts have revised their price targets for Estee Lauder shares, with estimates ranging from $66.00 to $99.00, and a consensus rating of "Hold" among thirteen analysts.

Ethic Inc. boosted its position in shares of The Estee Lauder Companies Inc. (NYSE:EL - Free Report) by 13.1% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 25,161 shares of the company's stock after acquiring an additional 2,907 shares during the quarter. Ethic Inc.'s holdings in Estee Lauder Companies were worth $1,708,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Bank Pictet & Cie Europe AG grew its stake in Estee Lauder Companies by 5.4% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 91,200 shares of the company's stock valued at $6,838,000 after purchasing an additional 4,690 shares during the last quarter. Mather Group LLC. grew its stake in Estee Lauder Companies by 442.5% during the 1st quarter. Mather Group LLC. now owns 1,367 shares of the company's stock valued at $90,000 after purchasing an additional 1,115 shares during the last quarter. Golden State Wealth Management LLC grew its stake in Estee Lauder Companies by 57.3% during the 1st quarter. Golden State Wealth Management LLC now owns 626 shares of the company's stock valued at $41,000 after purchasing an additional 228 shares during the last quarter. Bessemer Group Inc. grew its stake in Estee Lauder Companies by 70.2% during the 1st quarter. Bessemer Group Inc. now owns 4,753 shares of the company's stock valued at $313,000 after purchasing an additional 1,961 shares during the last quarter. Finally, GAMMA Investing LLC grew its stake in Estee Lauder Companies by 27.0% during the 1st quarter. GAMMA Investing LLC now owns 3,620 shares of the company's stock valued at $239,000 after purchasing an additional 770 shares during the last quarter. Hedge funds and other institutional investors own 55.15% of the company's stock.

Estee Lauder Companies Stock Performance

Shares of EL stock traded up $3.3630 on Friday, hitting $91.0830. The company had a trading volume of 4,050,762 shares, compared to its average volume of 4,322,243. The firm has a market cap of $32.77 billion, a P/E ratio of -29.01, a price-to-earnings-growth ratio of 2.61 and a beta of 1.18. The company has a 50-day moving average price of $86.79 and a 200-day moving average price of $72.35. 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 twelve month low of $48.37 and a twelve month high of $103.44.

Estee Lauder Companies (NYSE:EL - Get Free Report) last issued its quarterly earnings data on Wednesday, August 20th. The company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.02. The business had revenue of $3.41 billion during the quarter, compared to analysts' expectations of $3.36 billion. Estee Lauder Companies had a positive return on equity of 12.37% and a negative net margin of 7.91%.The company's revenue for the quarter was down 11.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.64 EPS. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. As a group, equities research analysts predict that The Estee Lauder Companies Inc. will post 1.36 earnings per share for the current fiscal year.

Estee Lauder Companies Announces Dividend

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

Wall Street Analysts Forecast Growth

Several research firms have weighed in on EL. JPMorgan Chase & Co. dropped their price target on Estee Lauder Companies from $101.00 to $99.00 and set an "overweight" rating on the stock in a research note on Thursday. Wells Fargo & Company boosted their price target 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. Hsbc Global Res upgraded Estee Lauder Companies from a "hold" rating to a "strong-buy" rating in a research note on Friday, June 27th. Barclays boosted their price objective on Estee Lauder Companies from $63.00 to $84.00 and gave the company an "equal weight" rating in a report on Tuesday, July 15th. Finally, B. Riley reissued a "neutral" rating and issued a $60.00 price objective (down previously from $70.00) on shares of Estee Lauder Companies in a report on Friday, May 2nd. One 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 company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average target price 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.