Penn Mutual Asset Management Acquires New Holdings in The Estee Lauder Companies Inc. $EL

Key Points

• Penn Mutual Asset Management has made a new investment of approximately $297,000 in The Estee Lauder Companies by acquiring 4,500 shares, signaling strong interest in the cosmetics firm.
• Institutional investors hold 55.15% of Estee Lauder's stock, with significant investments from firms like Capital World Investors and Invesco Ltd., indicating robust confidence in the company's market position.
• Analysts have provided mixed ratings for Estee Lauder, with 13 giving it a "hold" and 8 issuing "buy" recommendations, while the stock currently has a target price consensus of $85.80.

Penn Mutual Asset Management purchased a new stake in The Estee Lauder Companies Inc. (NYSE:EL - Free Report) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 4,500 shares of the company's stock, valued at approximately $297,000.

Other hedge funds also recently added to or reduced their stakes in the company. Annis Gardner Whiting Capital Advisors LLC lifted its position in Estee Lauder Companies by 1,182.1% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 500 shares of the company's stock valued at $33,000 after acquiring an additional 461 shares during the last quarter. Winthrop Capital Management LLC increased its position in shares of Estee Lauder Companies by 2,240.0% during the first quarter. Winthrop Capital Management LLC now owns 585 shares of the company's stock worth $39,000 after purchasing an additional 560 shares in the last quarter. Golden State Wealth Management LLC lifted its holdings in shares of Estee Lauder Companies by 57.3% in the 1st quarter. Golden State Wealth Management LLC now owns 626 shares of the company's stock valued at $41,000 after purchasing an additional 228 shares during the last quarter. CVA Family Office LLC boosted its position in shares of Estee Lauder Companies by 116.2% in the 1st quarter. CVA Family Office LLC now owns 668 shares of the company's stock valued at $44,000 after purchasing an additional 359 shares during the period. Finally, Farther Finance Advisors LLC boosted its position in shares of Estee Lauder Companies by 41.0% in the 1st quarter. Farther Finance Advisors LLC now owns 787 shares of the company's stock valued at $53,000 after purchasing an additional 229 shares during the period. 55.15% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. 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 report on Thursday, July 17th. Wall Street Zen upgraded shares of Estee Lauder Companies from a "sell" rating to a "hold" rating in a research report on Friday, June 27th. 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. Piper Sandler reissued an "overweight" rating and set a $75.00 price objective (down from $92.00) on shares of Estee Lauder Companies in a research report on Friday, May 2nd. Finally, Citigroup lifted their price objective on shares of Estee Lauder Companies from $60.00 to $99.00 and gave the company a "neutral" rating in a research note on Tuesday, July 15th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and twelve have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $86.95.

Estee Lauder Companies Stock Performance

NYSE EL traded down $3.3320 during trading hours on Wednesday, hitting $86.5380. 12,985,686 shares of the stock were exchanged, compared to its average volume of 4,193,498. The company has a quick ratio of 1.02, a current ratio of 1.41 and a debt-to-equity ratio of 1.68. The company has a market cap of $31.13 billion, a price-to-earnings ratio of -35.76, a price-to-earnings-growth ratio of 6.49 and a beta of 1.18. The Estee Lauder Companies Inc. has a 12-month low of $48.37 and a 12-month high of $103.44. The stock has a 50-day moving average of $85.62 and a 200 day moving average of $71.96.

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, 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 positive return on equity of 15.60% and a negative net margin of 5.89%.Estee Lauder Companies's revenue was down 11.9% compared to the same quarter last year. During the same quarter in the prior 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 research analysts forecast that The Estee Lauder Companies Inc. will post 1.36 earnings per share for the current year.

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.