NorthRock Partners LLC Makes New Investment in The Estee Lauder Companies Inc. $EL

Key Points

• NorthRock Partners LLC acquired a new stake in The Estee Lauder Companies Inc., purchasing 7,248 shares valued at approximately $586,000 in the second quarter.
• Estee Lauder reported earnings of $0.09 per share for the latest quarter, surpassing analyst expectations, while also experiencing a 11.9% year-over-year decline in revenue.
• The company recently disclosed a quarterly dividend of $0.35 per share, with a dividend yield of 1.5% and a negative (DPR) dividend payout ratio of -44.59%.

NorthRock Partners LLC acquired a new stake in The Estee Lauder Companies Inc. (NYSE:EL - Free Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 7,248 shares of the company's stock, valued at approximately $586,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in EL. Annis Gardner Whiting Capital Advisors LLC grew its holdings in Estee Lauder Companies by 1,182.1% during 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 during the last quarter. Winthrop Capital Management LLC grew its stake in Estee Lauder Companies by 2,240.0% in the 1st quarter. Winthrop Capital Management LLC now owns 585 shares of the company's stock valued at $39,000 after buying an additional 560 shares during the last quarter. TD Private Client Wealth LLC raised its holdings in Estee Lauder Companies by 246.4% in the 2nd quarter. TD Private Client Wealth LLC now owns 478 shares of the company's stock worth $39,000 after acquiring an additional 340 shares during the period. Golden State Wealth Management LLC raised its holdings in Estee Lauder Companies by 57.3% in the 1st quarter. Golden State Wealth Management LLC now owns 626 shares of the company's stock worth $41,000 after acquiring an additional 228 shares during the period. Finally, Ameritas Advisory Services LLC acquired a new position in Estee Lauder Companies during the 2nd quarter worth $44,000. 55.15% of the stock is currently owned by institutional investors and hedge funds.

Estee Lauder Companies Trading Up 0.2%

Estee Lauder Companies stock opened at $95.22 on Thursday. The business has a 50 day moving average price of $89.59 and a two-hundred day moving average price of $77.51. 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 Estee Lauder Companies Inc. has a 12 month low of $48.37 and a 12 month high of $97.15. The stock has a market cap of $34.27 billion, a price-to-earnings ratio of -30.32, a price-to-earnings-growth ratio of 2.71 and a beta of 1.16.

Estee Lauder Companies (NYSE:EL - Get Free Report) last released its quarterly earnings data on Wednesday, August 20th. The company reported $0.09 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.07 by $0.02. The business had revenue of $3.41 billion for the quarter, compared to analysts' expectations of $3.36 billion. Estee Lauder Companies had a positive return on equity of 12.37% and a negative net margin of 7.91%.Estee Lauder Companies's quarterly revenue was down 11.9% on a year-over-year basis. During the same period in the previous year, the business posted $0.64 earnings per share. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. As a group, equities analysts forecast that The Estee Lauder Companies Inc. will post 1.36 EPS for the current year.

Estee Lauder Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd were issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.5%. 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 brokerages have recently issued reports on EL. 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. Royal Bank Of Canada increased their target price on Estee Lauder Companies from $90.00 to $107.00 and gave the company an "outperform" rating in a research note on Thursday, August 21st. Telsey Advisory Group reaffirmed a "market perform" rating and issued a $99.00 price target on shares of Estee Lauder Companies in a research report on Wednesday, August 20th. Wells Fargo & Company upped their price target 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. Finally, UBS Group increased their price objective 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. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $91.30.

Insider Activity

In other news, VP Lande Rashida La sold 6,417 shares of Estee Lauder Companies 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 sale was disclosed in a document filed with the SEC, which is available through the SEC website. 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 completion of the transaction, the director directly owned 15,479 shares of the company's stock, valued at $1,418,650.35. This trade represents a 19.30% decrease in their position. The disclosure for this sale can be found here. 13.05% of the stock is currently owned by 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.

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