Price T Rowe Associates Inc. MD Increases Stock Position in The Estee Lauder Companies Inc. $EL

Key Points

• Price T Rowe Associates Inc. significantly increased its holdings in Estee Lauder Companies, purchasing 446,662 shares to boost its position by 133.5%, now owning a total of 781,341 shares valued at approximately $51.57 million.
• Estee Lauder Companies' recent earnings report showed a quarterly revenue of $3.41 billion, exceeding estimates, but with a year-over-year decline of 11.9% in revenues.
• The company has announced a quarterly dividend of $0.35 per share, representing an annual yield of 1.6%, which will be paid on September 16th to shareholders on record by September 2nd.

Price T Rowe Associates Inc. MD grew its stake in The Estee Lauder Companies Inc. (NYSE:EL - Free Report) by 133.5% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 781,341 shares of the company's stock after purchasing an additional 446,662 shares during the quarter. Price T Rowe Associates Inc. MD owned about 0.22% of Estee Lauder Companies worth $51,570,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Annis Gardner Whiting Capital Advisors LLC raised its holdings 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 boosted 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 buying an additional 560 shares in the last quarter. Golden State Wealth Management LLC boosted its holdings 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 valued at $41,000 after buying an additional 228 shares in the last quarter. CVA Family Office LLC boosted its holdings 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 valued at $44,000 after buying an additional 359 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its holdings in shares of Estee Lauder Companies by 41.0% during the 1st quarter. Farther Finance Advisors LLC now owns 787 shares of the company's stock valued at $53,000 after buying an additional 229 shares in the last quarter. 55.15% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, VP Lande Rashida La sold 6,417 shares of the company's stock in a transaction on Thursday, August 28th. The stock was sold at an average price of $91.88, for a total transaction of $589,593.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 12.78% of the company's stock.

Estee Lauder Companies Stock Performance

Shares of NYSE:EL traded down $0.02 during midday trading on Monday, reaching $91.75. 2,357,777 shares of the company's stock traded hands, compared to its average volume of 4,106,837. The company has a market cap of $33.02 billion, a price-to-earnings ratio of -29.22, a P/E/G ratio of 2.62 and a beta of 1.15. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.92 and a current ratio of 1.30. The Estee Lauder Companies Inc. has a one year low of $48.37 and a one year high of $103.44. The stock has a 50 day moving average of $88.66 and a 200 day moving average of $73.29.

Estee Lauder Companies (NYSE:EL - Get Free Report) last announced its quarterly earnings results on Wednesday, August 20th. The company reported $0.09 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.07 by $0.02. The firm had revenue of $3.41 billion for the quarter, compared to the consensus estimate 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 company's quarterly revenue was down 11.9% on a year-over-year basis. During the same period in the prior year, the company 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 anticipate that The Estee Lauder Companies Inc. will post 1.36 EPS for the current fiscal year.

Estee Lauder Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd will be given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Tuesday, September 2nd. Estee Lauder Companies's dividend payout ratio is -44.59%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on EL. Telsey Advisory Group reaffirmed 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. Royal Bank Of Canada upped their target price on shares of Estee Lauder Companies from $90.00 to $107.00 and gave the stock an "outperform" rating in a research note on Thursday, August 21st. Citigroup upped 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 note on Tuesday, July 15th. Barclays upped their target price on shares of Estee Lauder Companies from $63.00 to $84.00 and gave the stock an "equal weight" rating in a research note on Tuesday, July 15th. Finally, HSBC upgraded shares of Estee Lauder Companies from a "hold" rating to a "buy" rating and upped their target price for the stock from $80.00 to $99.00 in a research note on Friday, June 27th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and twelve have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $87.80.

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.