FORA Capital LLC Purchases 19,367 Shares of The Estee Lauder Companies Inc. $EL

Key Points

• FORA Capital LLC significantly increased its stake in The Estee Lauder Companies by 219.3% during the 1st quarter, now owning 28,197 shares valued at approximately $1.86 million.
• Despite a drop in revenue of 11.9% year-over-year, Estee Lauder Companies reported an EPS of $0.09 for the recent quarter, exceeding analysts’ expectations.
• Estee Lauder has declared a quarterly dividend of $0.35 per share, with a yield of 1.6%, to be paid on September 16th, following a record date of September 2nd.

FORA Capital LLC increased its position in shares of The Estee Lauder Companies Inc. (NYSE:EL - Free Report) by 219.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 28,197 shares of the company's stock after purchasing an additional 19,367 shares during the period. FORA Capital LLC's holdings in Estee Lauder Companies were worth $1,861,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Bank Pictet & Cie Europe AG lifted its holdings 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 worth $6,838,000 after purchasing an additional 4,690 shares during the last quarter. Mather Group LLC. lifted its holdings in Estee Lauder Companies by 442.5% during the 1st quarter. Mather Group LLC. now owns 1,367 shares of the company's stock worth $90,000 after purchasing an additional 1,115 shares during the last quarter. Golden State Wealth Management LLC lifted its holdings 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 worth $41,000 after purchasing an additional 228 shares during the last quarter. Bessemer Group Inc. raised its holdings in Estee Lauder Companies by 70.2% in the 1st quarter. Bessemer Group Inc. now owns 4,753 shares of the company's stock valued at $313,000 after acquiring an additional 1,961 shares in the last quarter. Finally, GAMMA Investing LLC lifted its position in shares of 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 acquiring an additional 770 shares during the period. 55.15% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Estee Lauder Companies

In related news, VP Lande Rashida La sold 6,417 shares of the company's stock in a transaction dated Thursday, August 28th. The stock was sold at an average price of $91.88, for a total transaction of $589,593.96. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 12.78% of the stock is currently owned by insiders.

Estee Lauder Companies Price Performance

EL traded down $0.02 on Friday, reaching $91.75. The stock had a trading volume of 2,357,777 shares, compared to its average volume of 4,146,223. The Estee Lauder Companies Inc. has a fifty-two week low of $48.37 and a fifty-two week high of $103.44. The firm has a 50-day moving average of $88.40 and a 200-day moving average of $73.11. 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 market capitalization of $33.02 billion, a price-to-earnings ratio of -29.22, a price-to-earnings-growth ratio of 2.62 and a beta of 1.18.

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, topping analysts' consensus estimates of $0.07 by $0.02. Estee Lauder Companies had a positive return on equity of 12.37% and a negative net margin of 7.91%.The business had revenue of $3.41 billion during the quarter, compared to analysts' expectations of $3.36 billion. During the same quarter in the prior year, the firm earned $0.64 EPS. 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. As a group, sell-side analysts anticipate that The Estee Lauder Companies Inc. will post 1.36 EPS for the current year.

Estee Lauder Companies Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. UBS Group boosted their price target on Estee Lauder Companies from $62.00 to $93.00 and gave the company a "neutral" rating in a research note on Thursday, July 17th. Barclays boosted their price target on Estee Lauder Companies from $63.00 to $84.00 and gave the company an "equal weight" rating in a research note on Tuesday, July 15th. Telsey Advisory Group reaffirmed a "market perform" rating and issued a $99.00 price target on shares of Estee Lauder Companies in a research note on Wednesday, August 20th. Bank of America assumed coverage on Estee Lauder Companies in a research note on Thursday, July 10th. They issued a "buy" rating and a $110.00 price target for the company. Finally, Citigroup boosted their price target on Estee Lauder Companies from $60.00 to $99.00 and gave the company a "neutral" rating in a research note on Tuesday, July 15th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and twelve have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $87.80.

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.