Jennison Associates LLC Invests $32.94 Million in The Estee Lauder Companies Inc. $EL

Key Points

• Jennison Associates opened a new position in Estee Lauder, buying 314,556 shares worth approximately $32.94 million, equal to about 0.09% of the company.
• Estee Lauder beat Q3 estimates (adjusted EPS $0.91 vs. $0.66; revenue $3.71B vs. $3.69B), raised FY‑2026 EPS guidance to 2.33–2.43, and expanded its Profit Recovery & Growth Plan targeting $1.0–$1.2B in annual benefits with up to ~9,000–10,000 position reductions.
• The company declared a quarterly dividend of $0.35 per share (annualized yield ~1.8%) and faces mixed analyst views with a MarketBeat consensus rating of "Hold" and a $101.33 price target.

Jennison Associates LLC purchased a new position in The Estee Lauder Companies Inc. (NYSE:EL - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 314,556 shares of the company's stock, valued at approximately $32,940,000. Jennison Associates LLC owned approximately 0.09% of Estee Lauder Companies at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of EL. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Estee Lauder Companies by 4.8% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,898 shares of the company's stock worth $1,709,000 after buying an additional 1,177 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in shares of Estee Lauder Companies by 33.4% in the first quarter. NewEdge Advisors LLC now owns 6,992 shares of the company's stock worth $462,000 after buying an additional 1,749 shares in the last quarter. Empowered Funds LLC increased its position in shares of Estee Lauder Companies by 24.1% in the first quarter. Empowered Funds LLC now owns 4,619 shares of the company's stock worth $305,000 after purchasing an additional 898 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in shares of Estee Lauder Companies by 23.2% in the second quarter. EverSource Wealth Advisors LLC now owns 997 shares of the company's stock worth $81,000 after purchasing an additional 188 shares during the last quarter. Finally, First Trust Advisors LP increased its position in shares of Estee Lauder Companies by 55.5% in the second quarter. First Trust Advisors LP now owns 13,522 shares of the company's stock worth $1,093,000 after purchasing an additional 4,826 shares during the last quarter. 55.15% of the stock is owned by hedge funds and other institutional investors.

Estee Lauder Companies Stock Up 3.0%

Shares of NYSE EL opened at $79.03 on Friday. The Estee Lauder Companies Inc. has a one year low of $56.66 and a one year high of $121.64. The company has a debt-to-equity ratio of 1.82, a current ratio of 1.36 and a quick ratio of 1.00. The firm's 50 day simple moving average is $83.69 and its two-hundred day simple moving average is $96.43. The stock has a market capitalization of $28.59 billion, a P/E ratio of -158.06, a PEG ratio of 0.89 and a beta of 1.26.

Estee Lauder Companies (NYSE:EL - Get Free Report) last issued its quarterly earnings results on Friday, May 1st. The company reported $0.91 EPS for the quarter, beating analysts' consensus estimates of $0.66 by $0.25. Estee Lauder Companies had a negative net margin of 1.21% and a positive return on equity of 17.59%. The business had revenue of $3.71 billion for the quarter, compared to analysts' expectations of $3.69 billion. During the same period last year, the business earned $0.65 earnings per share. The business's quarterly revenue was up 4.6% on a year-over-year basis. Estee Lauder Companies has set its FY 2026 guidance at 2.330-2.430 EPS. As a group, analysts expect that The Estee Lauder Companies Inc. will post 2.22 EPS for the current fiscal year.

Estee Lauder Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date is Friday, May 29th. Estee Lauder Companies's dividend payout ratio (DPR) is presently -280.00%.

Estee Lauder Companies News Roundup

Here are the key news stories impacting Estee Lauder Companies this week:

• Positive Sentiment: Q3 beat and guidance raise — EL reported adjusted EPS $0.91 vs. consensus $0.66 and revenue $3.71B vs. $3.69B; management raised FY‑2026 EPS guidance to a 2.33–2.43 range, supporting upside to near‑term earnings expectations. Business Wire: Q3 Results
• Positive Sentiment: Restructuring-linked margin improvement — Management expanded its Profit Recovery & Growth Plan (PRGP), raising expected annual gross benefits to roughly $1.0–$1.2B and increasing planned position reductions (now up to ~9,000–10,000), which investors view as driving near‑term margin expansion. Proactive Investors: Beats estimates, raises guidance
• Neutral Sentiment: Regional sales momentum — Management highlighted stronger sales in Mainland China and Europe (and double‑digit fragrance growth year‑to‑date), a constructive signal for recovery in key luxury channels but still exposed to travel and macro variability. Reuters: Q3 beat
• Neutral Sentiment: Strategic minority investment — EL announced a minority investment in luxury clinical skin‑care brand 111SKIN, reflecting continued brand and portfolio investment; this is longer‑term strategic rather than an immediate earnings driver. Financial Post: 111SKIN investment
• Negative Sentiment: Deeper job cuts and mixed GAAP outlook — While cost savings are viewed positively, the company increased planned headcount reductions (reports cite up to 10,000 roles and separate notices of up to 3,000 more jobs tied to strategic moves), which can signal restructuring risk and near‑term disruption; management’s GAAP metrics were weaker (negative net margin), which some investors penalize. Financial Post: Cut 3,000 jobs
• Negative Sentiment: Valuation and macro risk concerns — Some analysts caution EL’s rally has priced in much of the recovery (comments flag an expensive valuation) and note exposure to Asian travel retail and broader macro/energy shocks, which could limit multiple expansion. Seeking Alpha: Valuation caution

Analyst Upgrades and Downgrades

EL has been the topic of several research analyst reports. Barclays decreased their price objective on shares of Estee Lauder Companies from $94.00 to $72.00 and set an "equal weight" rating on the stock in a research report on Tuesday, April 14th. Raymond James Financial upgraded shares of Estee Lauder Companies from a "market perform" rating to a "strong-buy" rating and set a $130.00 price objective on the stock in a research report on Monday, January 5th. UBS Group decreased their price objective on shares of Estee Lauder Companies from $107.00 to $75.00 and set a "neutral" rating on the stock in a research report on Tuesday, April 7th. Weiss Ratings restated a "sell (d)" rating on shares of Estee Lauder Companies in a research report on Thursday, January 22nd. Finally, HSBC cut shares of Estee Lauder Companies from a "buy" rating to a "hold" rating and set a $106.00 price objective on the stock. in a research report on Tuesday, February 10th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $101.33.

Estee Lauder Companies Profile

Estée Lauder Companies Inc NYSE: EL is a global leader in prestige beauty that develops, manufactures and markets a broad portfolio of skincare, makeup, fragrance and hair care products. Founded in 1946 by Estée Lauder, the company has grown from a small family business into a multinational consumer-products enterprise headquartered in New York City. Its activities span product research and development, brand and product marketing, manufacturing and global distribution across multiple retail channels.

The company's portfolio includes a mix of legacy and prestige brands that target different consumer segments and price points, with well-known names such as Estée Lauder, Clinique, MAC, La Mer and Jo Malone among others.

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