Financiere des Professionnels Fonds d investissement inc. Cuts Holdings in The Estee Lauder Companies Inc. $EL

Key Points

• Financiere des Professionnels Fonds d investissement inc. reduced its holdings in The Estee Lauder Companies by 6.3% in the second quarter, now owning 76,238 shares valued at approximately $6.16 million.
• Various institutional investors have significantly increased their stakes in The Estee Lauder Companies, with notable increases from Annis Gardner Whiting Capital Advisors and Winthrop Capital Management.
• The company's latest quarterly earnings report showed a revenue of $3.41 billion, exceeding expectations, but a 11.9% decline in year-over-year revenue.

Financiere des Professionnels Fonds d investissement inc. trimmed its holdings in shares of The Estee Lauder Companies Inc. (NYSE:EL - Free Report) by 6.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 76,238 shares of the company's stock after selling 5,088 shares during the quarter. Financiere des Professionnels Fonds d investissement inc.'s holdings in Estee Lauder Companies were worth $6,160,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Annis Gardner Whiting Capital Advisors LLC lifted its position in shares of Estee Lauder Companies by 1,182.1% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 500 shares of the company's stock worth $33,000 after purchasing an additional 461 shares during the last quarter. Winthrop Capital Management LLC increased its stake in shares of Estee Lauder Companies by 2,240.0% during the first quarter. Winthrop Capital Management LLC now owns 585 shares of the company's stock valued at $39,000 after buying an additional 560 shares during the period. Golden State Wealth Management LLC increased its stake in shares of Estee Lauder Companies by 57.3% during the first quarter. Golden State Wealth Management LLC now owns 626 shares of the company's stock valued at $41,000 after buying an additional 228 shares during the period. CVA Family Office LLC increased its stake in shares of Estee Lauder Companies by 116.2% during the first quarter. CVA Family Office LLC now owns 668 shares of the company's stock valued at $44,000 after buying an additional 359 shares during the period. Finally, Farther Finance Advisors LLC increased its stake in shares of Estee Lauder Companies by 41.0% during the first quarter. Farther Finance Advisors LLC now owns 787 shares of the company's stock valued at $53,000 after buying an additional 229 shares during the period. 55.15% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Estee Lauder Companies

In other news, VP Lande Rashida La sold 6,417 shares of the company's stock in a transaction on Thursday, August 28th. The stock was sold at an average price of $91.88, for a total value of $589,593.96. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, 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 completion of the transaction, the director directly owned 15,479 shares in the company, valued at approximately $1,418,650.35. This trade represents a 19.30% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 12.78% of the company's stock.

Estee Lauder Companies Trading Down 0.3%

NYSE:EL traded down $0.27 during trading hours on Friday, hitting $87.73. The company had a trading volume of 5,342,243 shares, compared to its average volume of 2,888,276. The company has a current ratio of 1.30, a quick ratio of 0.92 and a debt-to-equity ratio of 1.89. The company has a 50-day moving average of $89.60 and a 200 day moving average of $74.87. The company has a market cap of $31.57 billion, a P/E ratio of -27.94, a P/E/G 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.

Estee Lauder Companies (NYSE:EL - Get Free Report) last issued its earnings results 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 company 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 firm's quarterly revenue was down 11.9% on a year-over-year basis. During the same period in the prior year, the business earned $0.64 EPS. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. Sell-side analysts expect that The Estee Lauder Companies Inc. will post 1.36 earnings per share for the current year.

Estee Lauder Companies Announces Dividend

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

Analyst Upgrades and Downgrades

EL has been the topic of several research reports. JPMorgan Chase & Co. cut 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, August 21st. Royal Bank Of Canada lifted their target price on Estee Lauder Companies from $90.00 to $107.00 and gave the company an "outperform" rating in a research note on Thursday, August 21st. Evercore ISI lifted their target price on Estee Lauder Companies from $100.00 to $115.00 and gave the company an "outperform" rating in a research note on Monday, September 15th. Bank of America started coverage on Estee Lauder Companies in a research note on Thursday, July 10th. They issued a "buy" rating and a $110.00 target price on the stock. Finally, Telsey Advisory Group reiterated a "market perform" rating and issued a $99.00 target price on shares of Estee Lauder Companies in a research note on Wednesday, August 20th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and twelve have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $88.55.

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.