Jump Financial LLC Sells 82,549 Shares of The Estee Lauder Companies Inc. $EL

Key Points

• Jump Financial LLC has significantly reduced its stake in The Estee Lauder Companies Inc. by 58.4%, holding 58,893 shares valued at approximately $3.89 million after selling 82,549 shares.
• Wall Street analysts have mixed sentiments on the stock, with Wells Fargo increasing its price target from $60.00 to $90.00 and UBS Group raising it to $93.00, while JPMorgan lowered theirs from $101.00 to $99.00.
• The Estee Lauder Companies reported a quarterly earnings of $0.09 EPS, exceeding analysts' estimates, despite a year-over-year revenue decline of 11.9%.

Jump Financial LLC lessened its holdings in The Estee Lauder Companies Inc. (NYSE:EL - Free Report) by 58.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 58,893 shares of the company's stock after selling 82,549 shares during the quarter. Jump Financial LLC's holdings in Estee Lauder Companies were worth $3,887,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Invesco Ltd. increased its stake in Estee Lauder Companies by 21.9% in the first quarter. Invesco Ltd. now owns 6,681,785 shares of the company's stock valued at $440,998,000 after acquiring an additional 1,200,537 shares during the period. American Century Companies Inc. lifted its stake in Estee Lauder Companies by 34.9% during the first quarter. American Century Companies Inc. now owns 4,511,115 shares of the company's stock worth $297,734,000 after purchasing an additional 1,167,508 shares during the period. Ensign Peak Advisors Inc boosted its holdings in Estee Lauder Companies by 12.0% during the fourth quarter. Ensign Peak Advisors Inc now owns 3,608,142 shares of the company's stock valued at $270,538,000 after purchasing an additional 385,677 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in Estee Lauder Companies by 3.9% during the first quarter. Bank of New York Mellon Corp now owns 3,088,880 shares of the company's stock valued at $203,866,000 after purchasing an additional 117,330 shares in the last quarter. Finally, Northern Trust Corp grew its stake in shares of Estee Lauder Companies by 3.4% in the 1st quarter. Northern Trust Corp now owns 2,445,947 shares of the company's stock valued at $161,433,000 after purchasing an additional 80,387 shares during the period. 55.15% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms recently commented on EL. Wall Street Zen downgraded Estee Lauder Companies from a "hold" rating to a "sell" rating in a research report on Friday, August 22nd. JPMorgan Chase & Co. dropped their price objective on Estee Lauder Companies from $101.00 to $99.00 and set an "overweight" rating for the company in a research note on Thursday, August 21st. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Estee Lauder Companies from $98.00 to $100.00 and gave the company a "buy" rating in a research note on Thursday, August 21st. Hsbc Global Res raised shares of Estee Lauder Companies from a "hold" rating to a "strong-buy" rating in a report on Friday, June 27th. Finally, Bank of America started coverage on shares of Estee Lauder Companies in a report on Thursday, July 10th. They set a "buy" rating and a $110.00 price target for the company. 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's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $87.80.

Estee Lauder Companies Price Performance

Shares of NYSE:EL traded down $0.02 during midday trading on Friday, reaching $91.75. The company's stock had a trading volume of 2,357,777 shares, compared to its average volume of 4,146,223. The business's fifty day simple moving average is $88.40 and its 200-day simple moving average is $73.11. 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 Estee Lauder Companies Inc. has a fifty-two week low of $48.37 and a fifty-two week high of $103.44. The company has a market capitalization of $33.02 billion, a P/E ratio of -29.22, a P/E/G ratio of 2.62 and a beta of 1.18.

Estee Lauder Companies (NYSE:EL - Get Free Report) last issued its quarterly earnings results on Wednesday, August 20th. The company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.02. Estee Lauder Companies had a negative net margin of 7.91% and a positive return on equity of 12.37%. The business had revenue of $3.41 billion for the quarter, compared to the consensus estimate of $3.36 billion. During the same quarter in the prior year, the company earned $0.64 EPS. The firm's quarterly revenue 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. As a group, equities research analysts expect 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 declared a quarterly dividend, which will be paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd will be paid a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Tuesday, September 2nd. Estee Lauder Companies's dividend payout ratio is -44.59%.

Insider Buying and Selling at Estee Lauder Companies

In related news, VP Lande Rashida La sold 6,417 shares of the business's stock in a transaction that occurred on Thursday, August 28th. The shares were sold at an average price of $91.88, for a total value of $589,593.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 12.78% of the stock is currently owned by corporate 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.