Royal Bank of Canada Buys 112,548 Shares of The Estee Lauder Companies Inc. $EL

Key Points

• Royal Bank of Canada increased its stake in The Estee Lauder Companies by 17.9%, acquiring an additional 112,548 shares, bringing its total ownership to approximately 742,622 shares valued at $49 million as of the latest SEC filing.
• Estee Lauder Companies recently reported $0.09 earnings per share for the last quarter, slightly beating analyst expectations, although revenue decreased by 11.9% compared to the previous year.
• Insider activity includes the sale of shares by Director Lynn Forester and VP Lande Rashida La, indicating a decrease in insider ownership by 19.30% and 12.78% of the stock is now owned by insiders.

Royal Bank of Canada increased its holdings in shares of The Estee Lauder Companies Inc. (NYSE:EL - Free Report) by 17.9% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 742,622 shares of the company's stock after purchasing an additional 112,548 shares during the period. Royal Bank of Canada owned approximately 0.21% of Estee Lauder Companies worth $49,013,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Annis Gardner Whiting Capital Advisors LLC boosted its holdings 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 worth $33,000 after acquiring an additional 461 shares in the last quarter. Winthrop Capital Management LLC boosted its holdings in Estee Lauder Companies by 2,240.0% in the first quarter. Winthrop Capital Management LLC now owns 585 shares of the company's stock worth $39,000 after acquiring an additional 560 shares in the last quarter. Golden State Wealth Management LLC boosted its holdings in Estee Lauder Companies by 57.3% in the first quarter. Golden State Wealth Management LLC now owns 626 shares of the company's stock worth $41,000 after acquiring an additional 228 shares in the last quarter. CVA Family Office LLC boosted its holdings in Estee Lauder Companies by 116.2% in the first quarter. CVA Family Office LLC now owns 668 shares of the company's stock worth $44,000 after acquiring an additional 359 shares in the last quarter. Finally, Smartleaf Asset Management LLC boosted its holdings in Estee Lauder Companies by 64.5% in the first quarter. Smartleaf Asset Management LLC now owns 788 shares of the company's stock worth $52,000 after acquiring an additional 309 shares in the last quarter. Institutional investors own 55.15% of the company's stock.

Estee Lauder Companies Stock Performance

NYSE:EL traded down $0.34 during trading hours on Thursday, reaching $87.09. The stock had a trading volume of 356,313 shares, compared to its average volume of 4,116,809. 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 stock has a 50 day simple moving average of $89.77 and a 200 day simple moving average of $74.13. 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 market cap of $31.34 billion, a P/E ratio of -27.78, a price-to-earnings-growth ratio of 2.53 and a beta of 1.15.

Estee Lauder Companies (NYSE:EL - Get Free Report) last released its earnings results on Wednesday, August 20th. The company reported $0.09 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.07 by $0.02. The business had revenue of $3.41 billion during 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 business's revenue for the quarter was down 11.9% on a year-over-year basis. During the same period last year, the business posted $0.64 earnings per share. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. On average, research analysts forecast 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 declared a quarterly dividend, which will be paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd will be paid a dividend of $0.35 per share. The ex-dividend date of this dividend is Tuesday, September 2nd. This represents a $1.40 annualized dividend and a yield of 1.6%. Estee Lauder Companies's payout ratio is -44.59%.

Insider Activity

In other Estee Lauder Companies news, Director Lynn Forester sold 3,702 shares of Estee Lauder Companies stock in a transaction dated Friday, August 29th. The stock was sold at an average price of $91.65, for a total transaction of $339,288.30. Following the completion of the sale, the director owned 15,479 shares of the company's stock, valued at $1,418,650.35. The trade was a 19.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Lande Rashida La sold 6,417 shares of Estee Lauder Companies stock in a transaction dated Thursday, August 28th. The stock was sold at an average price of $91.88, for a total value of $589,593.96. The disclosure for this sale can be found here. Insiders own 12.78% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on EL. Wells Fargo & Company increased their price target on Estee Lauder Companies from $60.00 to $90.00 and gave the stock an "equal weight" rating in a report on Wednesday, July 9th. Citigroup raised their target price on Estee Lauder Companies from $60.00 to $99.00 and gave the company a "neutral" rating in a report on Tuesday, July 15th. Telsey Advisory Group restated a "market perform" rating and issued a $99.00 target price on shares of Estee Lauder Companies in a report on Wednesday, August 20th. Barclays raised their target price on Estee Lauder Companies from $63.00 to $84.00 and gave the company an "equal weight" rating in a report on Tuesday, July 15th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on Estee Lauder Companies from $98.00 to $100.00 and gave the company a "buy" rating in a report on Thursday, August 21st. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and twelve have issued a Hold rating to the stock. According to MarketBeat, Estee Lauder Companies presently has an average rating of "Hold" and an average target price 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.