Lbp Am Sa Purchases New Position in The Estee Lauder Companies Inc. $EL

Key Points

• Lbp Am Sa has acquired a new position in The Estee Lauder Companies, purchasing 32,193 shares worth approximately $2.6 million in Q2.
• Estee Lauder's revenue decreased by 11.9% year-over-year to $3.41 billion in the latest quarter, while the company beat EPS estimates with reported earnings of $0.09 per share.
• The company announced a quarterly dividend of $0.35 per share, with a current annualized dividend yield of 1.6%.

Lbp Am Sa purchased a new stake in The Estee Lauder Companies Inc. (NYSE:EL - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 32,193 shares of the company's stock, valued at approximately $2,601,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of EL. Annis Gardner Whiting Capital Advisors LLC lifted its position 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 acquiring an additional 461 shares during the last quarter. Winthrop Capital Management LLC lifted its position in 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 acquiring an additional 560 shares during the last quarter. TD Private Client Wealth LLC increased its stake in Estee Lauder Companies by 246.4% in the second quarter. TD Private Client Wealth LLC now owns 478 shares of the company's stock valued at $39,000 after purchasing an additional 340 shares during the period. Golden State Wealth Management LLC increased its stake in 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 during the period. Finally, CVA Family Office LLC increased its stake in 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 during the period. 55.15% of the stock is owned by hedge funds and other institutional investors.

Estee Lauder Companies Trading Up 3.1%

Shares of Estee Lauder Companies stock opened at $88.90 on Friday. The Estee Lauder Companies Inc. has a 52-week low of $48.37 and a 52-week high of $97.44. 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 company's 50-day simple moving average is $89.52 and its 200-day simple moving average is $75.94. The firm has a market cap of $32.00 billion, a price-to-earnings ratio of -28.31, a price-to-earnings-growth ratio of 2.47 and a beta of 1.16.

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 analysts' consensus estimates 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 analyst estimates of $3.36 billion. During the same period in the previous year, the business posted $0.64 earnings per share. The business's revenue was down 11.9% compared to the same quarter last year. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. As a group, 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 business also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd were given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 1.6%. The ex-dividend date was Tuesday, September 2nd. Estee Lauder Companies's dividend payout ratio is presently -44.59%.

Insider Activity

In other Estee Lauder Companies news, Director Lynn Forester sold 3,702 shares of the company's stock in a transaction dated Friday, August 29th. The shares were sold at an average price of $91.65, for a total transaction of $339,288.30. Following the transaction, the director directly owned 15,479 shares in the company, valued at approximately $1,418,650.35. This represents a 19.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, VP Lande Rashida La sold 6,417 shares of the company's stock in a transaction dated 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. Corporate insiders own 13.05% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have commented on EL. Royal Bank Of Canada lifted their price objective on shares of Estee Lauder Companies from $90.00 to $107.00 and gave the company an "outperform" rating in a research note on Thursday, August 21st. Deutsche Bank Aktiengesellschaft lifted their price objective 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 upgraded shares of Estee Lauder Companies from a "hold" rating to a "buy" rating and lifted their price objective for the company from $80.00 to $99.00 in a research note on Friday, June 27th. Canaccord Genuity Group lifted their price objective on shares of Estee Lauder Companies from $62.00 to $85.00 and gave the company a "hold" rating in a research note on Monday, August 18th. Finally, Barclays lifted their price objective on shares of Estee Lauder Companies from $63.00 to $84.00 and gave the company an "equal weight" rating in a research note on Tuesday, July 15th. One 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. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $88.55.

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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