Greenwood Capital Associates LLC Takes Position in The Estee Lauder Companies Inc. $EL

Key Points

• Greenwood Capital Associates LLC acquired a new stake in The Estee Lauder Companies Inc., purchasing 22,714 shares valued at approximately $1.8 million during the second quarter.
• The company reported a quarterly earnings per share (EPS) of $0.09, beating analysts' estimates of $0.07, despite a revenue decline of 11.9% year-over-year.
• Estee Lauder recently declared a $0.35 quarterly dividend, resulting in an annualized dividend of $1.40 and a yield of 1.6% for shareholders.

Greenwood Capital Associates LLC acquired a new stake in The Estee Lauder Companies Inc. (NYSE:EL - Free Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 22,714 shares of the company's stock, valued at approximately $1,835,000.

Other institutional investors have also modified their holdings of the company. Independent Franchise Partners LLP increased its holdings in Estee Lauder Companies by 1.5% in the first quarter. Independent Franchise Partners LLP now owns 7,976,434 shares of the company's stock valued at $526,445,000 after buying an additional 118,276 shares during the last quarter. Invesco Ltd. boosted its position in shares of Estee Lauder Companies by 21.9% during the 1st quarter. Invesco Ltd. now owns 6,681,785 shares of the company's stock worth $440,998,000 after acquiring an additional 1,200,537 shares in the last quarter. American Century Companies Inc. increased its holdings in shares of Estee Lauder Companies by 34.9% in the 1st quarter. American Century Companies Inc. now owns 4,511,115 shares of the company's stock valued at $297,734,000 after acquiring an additional 1,167,508 shares during the last quarter. Bank of New York Mellon Corp raised its position in shares of Estee Lauder Companies by 3.9% during the 1st quarter. Bank of New York Mellon Corp now owns 3,088,880 shares of the company's stock worth $203,866,000 after acquiring an additional 117,330 shares in the last quarter. Finally, Northern Trust Corp lifted its stake in Estee Lauder Companies by 3.4% during the first quarter. Northern Trust Corp now owns 2,445,947 shares of the company's stock worth $161,433,000 after purchasing an additional 80,387 shares during the last quarter. 55.15% of the stock is owned by hedge funds and other institutional investors.

Estee Lauder Companies Price Performance

Shares of NYSE EL opened at $88.90 on Friday. The stock has a fifty day moving average price of $89.52 and a 200 day moving average price of $75.94. The Estee Lauder Companies Inc. has a 1-year low of $48.37 and a 1-year high of $97.44. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.30 and a quick ratio of 0.92. The company has a market cap of $32.00 billion, a PE ratio of -28.31, a P/E/G ratio of 2.47 and a beta of 1.16.

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

Estee Lauder Companies Dividend Announcement

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

Insider Buying and Selling

In related news, Director Lynn Forester sold 3,702 shares of Estee Lauder Companies stock in a transaction on Friday, August 29th. The stock was sold at an average price of $91.65, for a total transaction of $339,288.30. Following the completion of the transaction, the director directly owned 15,479 shares of the company's stock, valued at approximately $1,418,650.35. The trade was a 19.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, VP Lande Rashida La sold 6,417 shares of the firm's stock in a transaction that occurred on Thursday, August 28th. The stock was 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. 13.05% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on EL shares. HSBC upgraded shares of Estee Lauder Companies from a "hold" rating to a "buy" rating and boosted their price objective for the stock from $80.00 to $99.00 in a research report on Friday, June 27th. Bank of America initiated coverage on Estee Lauder Companies in a report on Thursday, July 10th. They set a "buy" rating and a $110.00 price objective on the stock. Citigroup lifted their target price on Estee Lauder Companies from $60.00 to $99.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 15th. UBS Group upped their target price on Estee Lauder Companies from $62.00 to $93.00 and gave the company a "neutral" rating in a research report on Thursday, July 17th. Finally, Telsey Advisory Group reaffirmed a "market perform" rating and set a $99.00 price target on shares of Estee Lauder Companies in a research report 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 given a Hold rating to the company's stock. According to MarketBeat, Estee Lauder Companies currently has an average rating of "Hold" and a consensus target price 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.

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