Phraction Management LLC Sells 10,570 Shares of The Estee Lauder Companies Inc. $EL

Key Points

• Phraction Management LLC reduced its position in The Estee Lauder Companies by 53.0%, selling 10,570 shares, and now holds 9,391 shares worth approximately $759,000.
• Insider transactions include VP Lande Rashida La selling 6,417 shares and Director Lynn Forester selling 3,702 shares, reflecting a 19.30% decrease in the director's holdings.
• Brokerages have varied ratings on Estee Lauder, with recent target price upgrades from UBS Group and Royal Bank Of Canada, reflecting potential growth for the stock amid a consensus Hold rating.

Phraction Management LLC reduced its position in The Estee Lauder Companies Inc. (NYSE:EL - Free Report) by 53.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,391 shares of the company's stock after selling 10,570 shares during the quarter. Phraction Management LLC's holdings in Estee Lauder Companies were worth $759,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Annis Gardner Whiting Capital Advisors LLC lifted 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 worth $33,000 after buying an additional 461 shares during the period. Winthrop Capital Management LLC lifted 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 valued at $39,000 after buying an additional 560 shares during the last quarter. TD Private Client Wealth LLC boosted its holdings in shares of Estee Lauder Companies by 246.4% in the 2nd quarter. TD Private Client Wealth LLC now owns 478 shares of the company's stock valued at $39,000 after buying an additional 340 shares in the last quarter. Golden State Wealth Management LLC boosted 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 buying an additional 228 shares in the last quarter. Finally, CVA Family Office LLC grew 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 worth $44,000 after buying an additional 359 shares during the last quarter. 55.15% of the stock is currently owned by institutional investors.

Insider Transactions at Estee Lauder Companies

In other news, VP Lande Rashida La sold 6,417 shares of the 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 transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Lynn Forester sold 3,702 shares of Estee Lauder Companies stock in a transaction dated Friday, August 29th. The shares were sold at an average price of $91.65, for a total value of $339,288.30. Following the completion of the transaction, the director owned 15,479 shares of the company's stock, valued at approximately $1,418,650.35. This represents a 19.30% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 13.05% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on EL. UBS Group raised their target price on shares of Estee Lauder Companies from $62.00 to $93.00 and gave the company a "neutral" rating in a research note on Thursday, July 17th. Royal Bank Of Canada boosted their target price on Estee Lauder Companies from $90.00 to $107.00 and gave the stock an "outperform" rating in a research note on Thursday, August 21st. Telsey Advisory Group reiterated a "market perform" rating and issued a $99.00 price target on shares of Estee Lauder Companies in a research note on Wednesday, August 20th. Bank of America began coverage on Estee Lauder Companies in a report on Thursday, July 10th. They issued a "buy" rating and a $110.00 price target for the company. Finally, HSBC raised shares of Estee Lauder Companies from a "hold" rating to a "buy" rating and increased their price objective for the company from $80.00 to $99.00 in a research report on Friday, June 27th. 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 stock. Based on data from MarketBeat.com, Estee Lauder Companies has an average rating of "Hold" and an average price target of $88.55.

Estee Lauder Companies Stock Performance

Shares of NYSE EL opened at $88.90 on Friday. The stock has a market cap of $32.00 billion, a price-to-earnings ratio of -28.31, a PEG ratio of 2.47 and a beta of 1.16. The Estee Lauder Companies Inc. has a 12 month low of $48.37 and a 12 month high of $97.44. The company has a 50 day simple moving average of $89.52 and a two-hundred day simple moving average of $75.94. The company has a current ratio of 1.30, a quick ratio of 0.92 and a debt-to-equity ratio of 1.89.

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

Estee Lauder Companies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd were given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 1.6%. The ex-dividend date was Tuesday, September 2nd. Estee Lauder Companies's dividend payout ratio (DPR) is currently -44.59%.

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.

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