Mirova Has $3.53 Million Stock Holdings in The Estee Lauder Companies Inc. $EL

Key Points

• Mirova increased its stake in The Estee Lauder Companies Inc. by 6.1%, acquiring an additional 3,097 shares, bringing its total holdings to 53,514 shares valued at approximately $3.5 million.
• Multiple institutional investors have also boosted their holdings; for instance, Invesco Ltd. increased its position by 21.9%, owning nearly 6.7 million shares valued at about $441 million.
• The company announced a quarterly dividend of $0.35 per share, with a dividend yield of 1.5%, scheduled for payment on September 16th.

Mirova raised its stake in The Estee Lauder Companies Inc. (NYSE:EL - Free Report) by 6.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 53,514 shares of the company's stock after acquiring an additional 3,097 shares during the period. Mirova's holdings in Estee Lauder Companies were worth $3,532,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Annis Gardner Whiting Capital Advisors LLC grew 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 period. Winthrop Capital Management LLC grew its holdings in shares of Estee Lauder Companies by 2,240.0% during the first quarter. Winthrop Capital Management LLC now owns 585 shares of the company's stock worth $39,000 after purchasing an additional 560 shares during the last quarter. Golden State Wealth Management LLC grew its holdings in shares of Estee Lauder Companies by 57.3% during the first 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 last quarter. CVA Family Office LLC grew its holdings in shares of Estee Lauder Companies by 116.2% during the first 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, Farther Finance Advisors LLC grew its holdings in shares of Estee Lauder Companies by 41.0% during the first quarter. Farther Finance Advisors LLC now owns 787 shares of the company's stock worth $53,000 after purchasing an additional 229 shares during the last quarter. 55.15% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently commented on EL shares. Canaccord Genuity Group increased their target price on Estee Lauder Companies from $62.00 to $85.00 and gave the stock a "hold" rating in a report on Monday, August 18th. Wells Fargo & Company increased their target price on Estee Lauder Companies from $60.00 to $90.00 and gave the stock an "equal weight" rating in a report on Wednesday, July 9th. HSBC upgraded Estee Lauder Companies from a "hold" rating to a "buy" rating and increased their target price for the stock from $80.00 to $99.00 in a report on Friday, June 27th. Citigroup increased their target price on Estee Lauder Companies from $60.00 to $99.00 and gave the stock a "neutral" rating in a report on Tuesday, July 15th. Finally, Bank of America began coverage on Estee Lauder Companies in a report on Thursday, July 10th. They issued a "buy" rating and a $110.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and twelve have given a Hold rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $87.80.

Estee Lauder Companies Trading Up 3.3%

NYSE:EL traded up $2.94 during mid-day trading on Wednesday, hitting $92.76. The company had a trading volume of 4,059,378 shares, compared to its average volume of 4,328,329. The Estee Lauder Companies Inc. has a fifty-two week low of $48.37 and a fifty-two week high of $103.44. The business's fifty day moving average is $87.37 and its two-hundred day moving average is $72.63. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.92 and a current ratio of 1.30. The firm has a market cap of $33.37 billion, a P/E ratio of -29.54, a P/E/G ratio of 2.56 and a beta of 1.18.

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 the consensus estimate of $0.07 by $0.02. The firm had revenue of $3.41 billion for the quarter, compared to analyst estimates of $3.36 billion. Estee Lauder Companies had a positive return on equity of 12.37% and a negative net margin of 7.91%.The company's quarterly revenue was down 11.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.64 earnings per share. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. As a group, research analysts expect that The Estee Lauder Companies Inc. will post 1.36 earnings per share for the current year.

Estee Lauder Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd will be given 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 dividend yield of 1.5%. Estee Lauder Companies's dividend payout ratio (DPR) is currently -44.59%.

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.