Jones Financial Companies Lllp Acquires 434,988 Shares of The Estee Lauder Companies Inc. $EL

Key Points

• Jones Financial Companies Lllp significantly increased its stake in The Estee Lauder Companies Inc. by 371%, acquiring 552,247 shares valued at approximately $36.45 million.
• The company's quarterly earnings reported a 9 cents earnings per share, exceeding estimates, despite a 11.9% year-over-year revenue decline to $3.41 billion.
• A quarterly dividend of $0.35 per share was declared, representing an annualized yield of 1.6%, with an ex-dividend date set for September 2nd.

Jones Financial Companies Lllp increased its stake in The Estee Lauder Companies Inc. (NYSE:EL - Free Report) by 371.0% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 552,247 shares of the company's stock after purchasing an additional 434,988 shares during the quarter. Jones Financial Companies Lllp owned about 0.15% of Estee Lauder Companies worth $36,448,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in EL. Annis Gardner Whiting Capital Advisors LLC grew its position in shares of 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 purchasing an additional 461 shares in the last quarter. Winthrop Capital Management LLC grew its position in shares of Estee Lauder Companies by 2,240.0% in the first quarter. Winthrop Capital Management LLC now owns 585 shares of the company's stock valued at $39,000 after purchasing an additional 560 shares in the last quarter. Golden State Wealth Management LLC grew its position in shares of Estee Lauder Companies by 57.3% in the first quarter. Golden State Wealth Management LLC now owns 626 shares of the company's stock valued at $41,000 after purchasing an additional 228 shares in the last quarter. CVA Family Office LLC grew its position in shares of Estee Lauder Companies by 116.2% in the first quarter. CVA Family Office LLC now owns 668 shares of the company's stock valued at $44,000 after purchasing an additional 359 shares in the last quarter. Finally, Smartleaf Asset Management LLC grew its position in shares of 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 in the last quarter. 55.15% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on EL shares. Royal Bank Of Canada lifted their price target on Estee Lauder Companies from $90.00 to $107.00 and gave the company an "outperform" rating in a research report on Thursday, August 21st. Bank of America started coverage on Estee Lauder Companies in a research report on Thursday, July 10th. They issued a "buy" rating and a $110.00 price target for the company. Canaccord Genuity Group lifted their price objective on Estee Lauder Companies from $62.00 to $85.00 and gave the company a "hold" rating in a research note on Monday, August 18th. Hsbc Global Res raised Estee Lauder Companies from a "hold" rating to a "strong-buy" rating in a research note on Friday, June 27th. Finally, Citigroup raised their price target on Estee Lauder Companies from $60.00 to $99.00 and gave the company a "neutral" rating in a research report on Tuesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and twelve have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $87.80.

Estee Lauder Companies Trading Down 1.3%

Shares of NYSE EL traded down $1.17 during midday trading on Wednesday, reaching $87.53. The company had a trading volume of 2,340,952 shares, compared to its average volume of 4,184,076. The Estee Lauder Companies Inc. has a one year low of $48.37 and a one year high of $103.44. The company has a quick ratio of 0.92, a current ratio of 1.30 and a debt-to-equity ratio of 1.89. The firm's fifty day moving average price is $89.77 and its 200-day moving average price is $74.13. The stock 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.

Estee Lauder Companies (NYSE:EL - Get Free Report) last released its earnings results on Wednesday, August 20th. The company reported $0.09 earnings per share for the quarter, beating 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 company had revenue of $3.41 billion during the quarter, compared to analyst estimates of $3.36 billion. During the same quarter in the previous year, the company posted $0.64 EPS. Estee Lauder Companies's revenue for the quarter was down 11.9% on a year-over-year basis. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. On average, equities research analysts anticipate that The Estee Lauder Companies Inc. will post 1.36 earnings per share for the current year.

Estee Lauder Companies Dividend Announcement

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

Insider Transactions at Estee Lauder Companies

In other news, VP Lande Rashida La sold 6,417 shares of the stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $91.88, for a total transaction of $589,593.96. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Lynn Forester sold 3,702 shares of the stock in a transaction dated Friday, August 29th. The stock was sold at an average price of $91.65, for a total transaction of $339,288.30. Following the sale, the director owned 15,479 shares of the company's stock, valued at approximately $1,418,650.35. This represents a 19.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 12.78% of the company's stock.

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.