Nuveen LLC Invests $35.61 Million in The Estee Lauder Companies Inc. $EL

Key Points

• Nuveen LLC has initiated a position in Estee Lauder Companies, acquiring 539,502 shares valued at approximately $35.6 million.
• Institutional investors now hold 55.15% of Estee Lauder's stock, with several firms significantly increasing their stakes in the first quarter.
• Analysts have varying outlooks on the stock, with a consensus price target of $85.80, and ratings ranging from "buy" to "neutral."

Nuveen LLC purchased a new position in The Estee Lauder Companies Inc. (NYSE:EL - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 539,502 shares of the company's stock, valued at approximately $35,607,000. Nuveen LLC owned approximately 0.15% of Estee Lauder Companies as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of EL. Annis Gardner Whiting Capital Advisors LLC lifted its position in shares of Estee Lauder Companies by 1,182.1% during 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 during the last quarter. Winthrop Capital Management LLC lifted its position 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 worth $39,000 after purchasing an additional 560 shares during the last quarter. Golden State Wealth Management LLC lifted its position in shares of Estee Lauder Companies by 57.3% during the 1st 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 lifted its position in shares of Estee Lauder Companies by 116.2% during the 1st 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 lifted its position in Estee Lauder Companies by 41.0% in the first quarter. Farther Finance Advisors LLC now owns 787 shares of the company's stock valued at $53,000 after acquiring an additional 229 shares during the last quarter. Institutional investors and hedge funds own 55.15% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on EL. Wall Street Zen raised shares of Estee Lauder Companies from a "sell" rating to a "hold" rating in a research report on Friday, June 27th. Barclays upped their target price on shares of Estee Lauder Companies from $63.00 to $84.00 and gave the company an "equal weight" rating in a report on Tuesday, July 15th. Canaccord Genuity Group boosted their price target on shares of Estee Lauder Companies from $62.00 to $85.00 and gave the stock a "hold" rating in a research note on Monday. Telsey Advisory Group reiterated a "market perform" rating and set a $99.00 price target on shares of Estee Lauder Companies in a research note on Wednesday. Finally, Piper Sandler reiterated an "overweight" rating and set a $75.00 price target (down from $92.00) on shares of Estee Lauder Companies in a research note on Friday, May 2nd. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and twelve have given a Hold rating to the company's stock. According to MarketBeat.com, Estee Lauder Companies has an average rating of "Hold" and a consensus price target of $87.80.

Estee Lauder Companies Price Performance

Shares of NYSE EL traded up $1.3680 on Thursday, hitting $87.9380. The company's stock had a trading volume of 3,194,425 shares, compared to its average volume of 4,187,993. The Estee Lauder Companies Inc. has a 12-month low of $48.37 and a 12-month high of $103.44. The company has a market capitalization of $31.64 billion, a price-to-earnings ratio of -36.33, a price-to-earnings-growth ratio of 6.62 and a beta of 1.18. The company has a debt-to-equity ratio of 1.68, a current ratio of 1.41 and a quick ratio of 1.02. The stock has a 50 day moving average of $85.96 and a 200-day moving average of $72.07.

Estee Lauder Companies (NYSE:EL - Get Free Report) last released its earnings results on Wednesday, August 20th. The company reported $0.09 EPS for the quarter, topping the consensus estimate 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 negative net margin of 5.89% and a positive return on equity of 15.60%. Estee Lauder Companies's revenue for the quarter was down 11.9% on a year-over-year basis. During the same period in the previous year, the company earned $0.64 EPS. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. As a group, research analysts predict that The Estee Lauder Companies Inc. will post 1.36 EPS for the current year.

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.