Nykredit A S Makes New Investment in The Estee Lauder Companies Inc. $EL

Key Points

• Nykredit A/S purchased 85,497 Estée Lauder shares worth approximately $6.75 million in the second quarter, while institutional investors collectively own 55.15% of the company.
• Estée Lauder reported quarterly EPS of $0.39, beating expectations of $0.32, while revenue rose 6.3% year over year to $3.64 billion. The stock was trading at $96.46, with analysts maintaining a consensus “Hold” rating and a $104.67 price target.
• The company declared a quarterly dividend of $0.35 per share, equivalent to a 1.5% annual yield, while insiders sold 75,105 shares worth $7.42 million over the past three months.

Nykredit A S purchased a new stake in shares of The Estee Lauder Companies Inc. (NYSE:EL - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 85,497 shares of the company's stock, valued at approximately $6,750,000.

A number of other large investors have also added to or reduced their stakes in the stock. J. Stern & Co. LLP raised its stake in shares of Estee Lauder Companies by 4,281.3% in the fourth quarter. J. Stern & Co. LLP now owns 4,094,761 shares of the company's stock valued at $4,094,761,000 after buying an additional 4,001,300 shares during the period. Bank of America Corp DE increased its holdings in Estee Lauder Companies by 950.9% in the 1st quarter. Bank of America Corp DE now owns 13,843,765 shares of the company's stock worth $993,567,000 after acquiring an additional 12,526,471 shares during the last quarter. Independent Franchise Partners LLP raised its stake in Estee Lauder Companies by 1.1% in the 4th quarter. Independent Franchise Partners LLP now owns 7,837,249 shares of the company's stock valued at $820,717,000 after acquiring an additional 83,857 shares during the period. Bank of New York Mellon Corp lifted its holdings in Estee Lauder Companies by 22.7% during the fourth quarter. Bank of New York Mellon Corp now owns 7,497,179 shares of the company's stock valued at $785,105,000 after purchasing an additional 1,384,678 shares during the last quarter. Finally, Geode Capital Management LLC boosted its position in Estee Lauder Companies by 5.5% during the fourth quarter. Geode Capital Management LLC now owns 6,308,108 shares of the company's stock worth $658,020,000 after purchasing an additional 331,530 shares during the period. Hedge funds and other institutional investors own 55.15% of the company's stock.

Estee Lauder Companies Trading Up 3.2%

Estee Lauder Companies stock opened at $96.46 on Tuesday. The Estee Lauder Companies Inc. has a one year low of $66.22 and a one year high of $121.64. The business's fifty day moving average is $91.87 and its 200 day moving average is $85.23. The stock has a market capitalization of $34.90 billion, a PE ratio of 196.86, a price-to-earnings-growth ratio of 1.08 and a beta of 1.28. The company has a debt-to-equity ratio of 1.79, a current ratio of 1.22 and a quick ratio of 0.90.

Estee Lauder Companies (NYSE:EL - Get Free Report) last issued its quarterly earnings data on Wednesday, August 19th. The company reported $0.39 earnings per share for the quarter, beating analysts' consensus estimates of $0.32 by $0.07. Estee Lauder Companies had a net margin of 1.21% and a return on equity of 23.52%. The company had revenue of $3.64 billion for the quarter, compared to the consensus estimate of $3.55 billion. During the same quarter in the prior year, the firm earned $0.09 earnings per share. The firm's revenue for the quarter was up 6.3% compared to the same quarter last year. Estee Lauder Companies has set its FY 2027 guidance at 3.100-3.350 EPS. On average, sell-side analysts predict that The Estee Lauder Companies Inc. will post 3.3 EPS for the current year.

Estee Lauder Companies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st were paid a dividend of $0.35 per share. The ex-dividend date was Monday, August 31st. This represents a $1.40 dividend on an annualized basis and a yield of 1.5%. Estee Lauder Companies's dividend payout ratio (DPR) is presently 285.71%.

Insiders Place Their Bets

In other news, Director Charlene Barshefsky sold 3,775 shares of the firm's stock in a transaction on Wednesday, September 9th. The shares were sold at an average price of $98.82, for a total transaction of $373,045.50. Following the sale, the director directly owned 50,971 shares in the company, valued at $5,036,954.22. This trade represents a 6.90% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Paul J. Fribourg sold 58,000 shares of Estee Lauder Companies stock in a transaction on Monday, September 14th. The shares were sold at an average price of $98.17, for a total transaction of $5,693,860.00. Following the transaction, the director owned 417,300 shares in the company, valued at approximately $40,966,341. This trade represents a 12.20% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 75,105 shares of company stock worth $7,423,185 over the last three months. 13.05% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Barclays increased their price objective on Estee Lauder Companies from $80.00 to $97.00 and gave the stock an "equal weight" rating in a report on Friday, August 21st. Wells Fargo & Company upped their price target on Estee Lauder Companies from $85.00 to $104.00 and gave the company an "equal weight" rating in a research report on Thursday, August 20th. Citigroup increased their price target on shares of Estee Lauder Companies from $110.00 to $115.00 and gave the stock a "buy" rating in a report on Thursday, August 20th. China Intl Cap upgraded shares of Estee Lauder Companies to a "strong-buy" rating in a research report on Sunday, August 30th. Finally, Sanford C. Bernstein assumed coverage on shares of Estee Lauder Companies in a research note on Friday, June 12th. They set a "market perform" rating and a $82.00 price objective for the company. Two research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $104.67.

Estee Lauder Companies Profile

The Estée Lauder Companies Inc is a global beauty company that develops, manufactures and markets prestige skincare, makeup, fragrance and hair-care products. Its portfolio includes Estée Lauder, Clinique, M·A·C, Bobbi Brown Cosmetics, La Mer, Jo Malone London, Aveda, Tom Ford Beauty and The Ordinary, among other brands.

Founded in 1946 by Estée and Joseph Lauder, the company began with four skincare products and has expanded into a broad international beauty business. Its products are sold through department and specialty stores, freestanding stores, e-commerce platforms, travel retail locations and other distribution channels.

Estée Lauder Companies serves consumers in markets around the world, including North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa.

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