The Estee Lauder Companies Inc. $EL Shares Sold by Northwestern Mutual Wealth Management Co.

Key Points

• Northwestern Mutual Wealth Management Co. reduced its holdings in The Estee Lauder Companies Inc. by 49.2%, selling 2,977 shares and leaving it with 3,076 shares valued at approximately $203,000.
• The company reported a quarterly EPS of $0.09, beating estimates, although revenue declined by 11.9% year-over-year to $3.41 billion.
• A quarterly dividend of $0.35 per share is set to be paid, representing an annualized yield of 1.6%, with an ex-dividend date of September 2nd.

Northwestern Mutual Wealth Management Co. lowered its position in The Estee Lauder Companies Inc. (NYSE:EL - Free Report) by 49.2% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,076 shares of the company's stock after selling 2,977 shares during the period. Northwestern Mutual Wealth Management Co.'s holdings in Estee Lauder Companies were worth $203,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Annis Gardner Whiting Capital Advisors LLC boosted its stake in Estee Lauder Companies by 1,182.1% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 500 shares of the company's stock worth $33,000 after purchasing an additional 461 shares in the last quarter. Winthrop Capital Management LLC increased its holdings in shares of Estee Lauder Companies by 2,240.0% during the 1st quarter. Winthrop Capital Management LLC now owns 585 shares of the company's stock valued at $39,000 after purchasing an additional 560 shares in the last quarter. Golden State Wealth Management LLC increased 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 in the last quarter. CVA Family Office LLC increased its holdings in Estee Lauder Companies by 116.2% in the 1st quarter. CVA Family Office LLC now owns 668 shares of the company's stock worth $44,000 after acquiring an additional 359 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its stake in Estee Lauder Companies by 41.0% during the 1st 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 and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Bank of America started coverage on shares of Estee Lauder Companies in a research note on Thursday, July 10th. They set a "buy" rating and a $110.00 target price on the stock. Telsey Advisory Group reissued 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. Deutsche Bank Aktiengesellschaft upped their target price on shares of Estee Lauder Companies from $98.00 to $100.00 and gave the stock a "buy" rating in a research note on Thursday, August 21st. Barclays upped their price target on Estee Lauder Companies from $63.00 to $84.00 and gave the company an "equal weight" rating in a report on Tuesday, July 15th. Finally, Citigroup raised their target price on shares of Estee Lauder Companies from $60.00 to $99.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 15th. One 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. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $87.80.

Estee Lauder Companies Price Performance

Estee Lauder Companies stock traded up $1.74 during midday trading on Friday, reaching $89.20. 3,698,356 shares of the company were exchanged, compared to its average volume of 4,126,418. The company has a market capitalization of $32.10 billion, a price-to-earnings ratio of -28.41, a P/E/G ratio of 2.54 and a beta of 1.15. The firm's 50-day simple moving average is $89.56 and its 200-day simple moving average is $73.80. The Estee Lauder Companies Inc. has a 1 year low of $48.37 and a 1 year high of $103.44. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.92 and a current ratio of 1.30.

Estee Lauder Companies (NYSE:EL - Get Free Report) last posted its quarterly earnings data on Wednesday, August 20th. The company reported $0.09 EPS for the quarter, topping analysts' consensus estimates of $0.07 by $0.02. The firm had revenue of $3.41 billion during 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%.The firm's quarterly revenue was down 11.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.64 EPS. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. On average, analysts anticipate that The Estee Lauder Companies Inc. will post 1.36 EPS 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. Shareholders of record on Tuesday, September 2nd will be issued a $0.35 dividend. The ex-dividend date is Tuesday, September 2nd. This represents a $1.40 annualized dividend and a yield of 1.6%. Estee Lauder Companies's payout ratio is -44.59%.

Insider Activity

In other news, Director Lynn Forester sold 3,702 shares of Estee Lauder Companies stock in a transaction dated Friday, August 29th. The stock was sold at an average price of $91.65, for a total value of $339,288.30. Following the transaction, the director directly owned 15,479 shares of the company's stock, valued at $1,418,650.35. The trade was a 19.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, 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 value of $589,593.96. The disclosure for this sale can be found here. 12.78% of the stock is 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.