Mn Services Vermogensbeheer B.V. Raises Holdings in The Estee Lauder Companies Inc. $EL

Key Points

• Mn Services Vermogensbeheer B.V. increased its holdings in The Estee Lauder Companies by 7.8% during the second quarter, now owning 90,678 shares valued at approximately $7.3 million.
• Institutional investors collectively own over 55% of Estee Lauder Companies stock, with several hedge funds modifying their positions in the past quarter.
• Estee Lauder recently reported $0.09 EPS for the quarter, beating expectations, but the quarterly revenue declined 11.9% from the previous year.

Mn Services Vermogensbeheer B.V. increased its position in shares of The Estee Lauder Companies Inc. (NYSE:EL - Free Report) by 7.8% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 90,678 shares of the company's stock after purchasing an additional 6,600 shares during the quarter. Mn Services Vermogensbeheer B.V.'s holdings in Estee Lauder Companies were worth $7,327,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of EL. Bank Pictet & Cie Europe AG raised its holdings in Estee Lauder Companies by 5.4% during the fourth quarter. Bank Pictet & Cie Europe AG now owns 91,200 shares of the company's stock valued at $6,838,000 after buying an additional 4,690 shares in the last quarter. American Assets Inc. bought a new stake in shares of Estee Lauder Companies in the 4th quarter valued at $487,000. Snowden Capital Advisors LLC bought a new stake in Estee Lauder Companies in the 4th quarter valued at about $202,000. Tidal Investments LLC lifted its position in Estee Lauder Companies by 8.2% in the fourth quarter. Tidal Investments LLC now owns 31,071 shares of the company's stock valued at $2,330,000 after purchasing an additional 2,356 shares during the last quarter. Finally, Vident Advisory LLC boosted its holdings in Estee Lauder Companies by 48.9% in the fourth quarter. Vident Advisory LLC now owns 4,726 shares of the company's stock worth $354,000 after acquiring an additional 1,553 shares in the last quarter. 55.15% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Estee Lauder Companies

In related news, VP Lande Rashida La sold 6,417 shares of Estee Lauder Companies stock in a transaction dated Thursday, August 28th. The stock was sold at an average price of $91.88, for a total value of $589,593.96. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Lynn Forester sold 3,702 shares of the company's stock in a transaction that occurred on Friday, August 29th. The shares were sold at an average price of $91.65, for a total value of $339,288.30. Following the completion of the transaction, the director directly owned 15,479 shares of the company's stock, valued at approximately $1,418,650.35. This trade represents a 19.30% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 12.78% of the company's stock.

Estee Lauder Companies Trading Down 0.3%

Shares of EL opened at $87.73 on Friday. The firm has a market cap of $31.57 billion, a price-to-earnings ratio of -27.94, a PEG ratio of 2.52 and a beta of 1.15. The business's fifty day moving average is $89.60 and its 200-day moving average is $74.85. 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 Estee Lauder Companies Inc. has a 52-week low of $48.37 and a 52-week high of $103.44.

Estee Lauder Companies (NYSE:EL - Get Free Report) last posted 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. The business had revenue of $3.41 billion during 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% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.64 EPS. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. Equities analysts anticipate that The Estee Lauder Companies Inc. will post 1.36 EPS for the current fiscal year.

Estee Lauder Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd were issued a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Tuesday, September 2nd. Estee Lauder Companies's dividend payout ratio (DPR) is presently -44.59%.

Wall Street Analyst Weigh In

Several analysts recently weighed in on EL shares. Wall Street Zen downgraded Estee Lauder Companies from a "hold" rating to a "sell" rating in a report on Friday, August 22nd. HSBC upgraded shares of Estee Lauder Companies from a "hold" rating to a "buy" rating and raised their price objective for the company from $80.00 to $99.00 in a research note on Friday, June 27th. Evercore ISI increased their price objective on shares of Estee Lauder Companies from $100.00 to $115.00 and gave the company an "outperform" rating in a research note on Monday, September 15th. UBS Group upped their price target on Estee Lauder Companies from $62.00 to $93.00 and gave the company a "neutral" rating in a research report on Thursday, July 17th. Finally, Canaccord Genuity Group raised their price objective on shares of Estee Lauder Companies from $62.00 to $85.00 and gave the stock a "hold" rating in a report on Monday, August 18th. One equities research 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. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $88.55.

Estee Lauder Companies Company 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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