Ilmarinen Mutual Pension Insurance Co Raises Holdings in The Estee Lauder Companies Inc. $EL

Key Points

• Ilmarinen Mutual Pension Insurance Co has increased its stake in The Estee Lauder Companies by 88.9%, acquiring a total of 34,000 shares worth approximately $2.24 million.
• The Estee Lauder Companies reported a net margin of -7.91% alongside quarterly revenue of $3.41 billion, which was a 11.9% decline from the previous year.
• The company will pay a quarterly dividend of $0.35 per share on September 16, representing an annualized yield of 1.6%.

Ilmarinen Mutual Pension Insurance Co increased its position in The Estee Lauder Companies Inc. (NYSE:EL - Free Report) by 88.9% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 34,000 shares of the company's stock after purchasing an additional 16,000 shares during the period. Ilmarinen Mutual Pension Insurance Co's holdings in Estee Lauder Companies were worth $2,244,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Annis Gardner Whiting Capital Advisors LLC lifted its stake in Estee Lauder Companies by 1,182.1% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 500 shares of the company's stock valued at $33,000 after buying an additional 461 shares during the last quarter. Winthrop Capital Management LLC raised its position in Estee Lauder Companies by 2,240.0% in the 1st quarter. Winthrop Capital Management LLC now owns 585 shares of the company's stock valued at $39,000 after purchasing an additional 560 shares during the last quarter. Golden State Wealth Management LLC boosted 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 worth $41,000 after purchasing an additional 228 shares during the period. CVA Family Office LLC grew its position in Estee Lauder Companies by 116.2% during the 1st quarter. CVA Family Office LLC now owns 668 shares of the company's stock worth $44,000 after purchasing an additional 359 shares during the last quarter. Finally, Smartleaf Asset Management LLC increased its stake in Estee Lauder Companies by 64.5% in the first quarter. Smartleaf Asset Management LLC now owns 788 shares of the company's stock valued at $52,000 after purchasing an additional 309 shares during the period. 55.15% of the stock is owned by institutional investors and hedge funds.

Estee Lauder Companies Stock Down 1.3%

Estee Lauder Companies stock opened at $87.53 on Thursday. The stock's 50 day moving average price is $89.77 and its 200 day moving average price is $74.13. The Estee Lauder Companies Inc. has a 1-year low of $48.37 and a 1-year high of $103.44. The company has a market cap of $31.50 billion, a PE ratio of -27.88, a price-to-earnings-growth ratio of 2.53 and a beta of 1.15. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.30 and a quick ratio of 0.92.

Estee Lauder Companies (NYSE:EL - Get Free Report) last released its earnings results on Wednesday, August 20th. The company reported $0.09 EPS for the quarter, beating analysts' consensus estimates of $0.07 by $0.02. The company had revenue of $3.41 billion during the quarter, compared to the consensus estimate 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 quarterly revenue was down 11.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.64 earnings per share. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. On average, sell-side analysts predict that The Estee Lauder Companies Inc. will post 1.36 EPS for the current fiscal year.

Estee Lauder Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd will be issued a dividend of $0.35 per share. The ex-dividend date of this dividend is Tuesday, September 2nd. This represents a $1.40 dividend on an annualized basis and a yield of 1.6%. Estee Lauder Companies's payout ratio is currently -44.59%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Citigroup increased their target price on shares of Estee Lauder Companies from $60.00 to $99.00 and gave the stock a "neutral" rating in a research note on Tuesday, July 15th. Wall Street Zen cut Estee Lauder Companies from a "hold" rating to a "sell" rating in a research report on Friday, August 22nd. Bank of America assumed coverage on Estee Lauder Companies in a report on Thursday, July 10th. They issued a "buy" rating and a $110.00 target price on the stock. Canaccord Genuity Group upped their price target on Estee Lauder Companies from $62.00 to $85.00 and gave the stock a "hold" rating in a research note on Monday, August 18th. Finally, UBS Group lifted their price objective on shares of Estee Lauder Companies from $62.00 to $93.00 and gave the company a "neutral" rating in a research report on Thursday, July 17th. 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 stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $87.80.

Insider Transactions at Estee Lauder Companies

In other news, VP Lande Rashida La sold 6,417 shares of the business'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 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 firm's stock in a transaction that occurred 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 of the company's stock, valued at $1,418,650.35. The trade was a 19.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. 12.78% of the stock is currently owned by insiders.

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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