34,355 Shares in The Estee Lauder Companies Inc. $EL Purchased by Sciencast Management LP

Key Points

• Sciencast Management LP acquired 34,355 shares of The Estee Lauder Companies Inc., valued at approximately $2.27 million, marking a new position in the company's stock during the first quarter.
• Analysts have varying opinions on Estee Lauder, with Bank of America giving a "buy" rating and a $110 target price, while Canaccord Genuity Group has increased its target price to $85 with a "hold" rating.
• In its recent earnings report, Estee Lauder Companies beat consensus estimates with an EPS of $0.09 despite an 11.9% revenue decline year-over-year, generating $3.41 billion in revenue.

Sciencast Management LP bought a new stake in shares of The Estee Lauder Companies Inc. (NYSE:EL - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 34,355 shares of the company's stock, valued at approximately $2,267,000.

A number of other institutional investors also recently bought and sold shares of the stock. Voleon Capital Management LP lifted its position in Estee Lauder Companies by 230.7% in the first quarter. Voleon Capital Management LP now owns 14,741 shares of the company's stock worth $973,000 after buying an additional 10,283 shares during the last quarter. Jones Financial Companies Lllp lifted its position in shares of Estee Lauder Companies by 371.0% during the first quarter. Jones Financial Companies Lllp now owns 552,247 shares of the company's stock worth $36,448,000 after purchasing an additional 434,988 shares during the last quarter. USS Investment Management Ltd lifted its position in shares of Estee Lauder Companies by 7.5% during the first quarter. USS Investment Management Ltd now owns 51,081 shares of the company's stock worth $3,373,000 after purchasing an additional 3,554 shares during the last quarter. UniSuper Management Pty Ltd lifted its position in shares of Estee Lauder Companies by 2.3% during the first quarter. UniSuper Management Pty Ltd now owns 171,446 shares of the company's stock worth $11,315,000 after purchasing an additional 3,849 shares during the last quarter. Finally, Samlyn Capital LLC bought a new stake in shares of Estee Lauder Companies during the first quarter worth $21,950,000. 55.15% of the stock is currently owned by institutional investors.

Estee Lauder Companies Stock Down 1.3%

NYSE EL traded down $1.17 during trading on Wednesday, hitting $87.53. The company's stock had a trading volume of 2,340,952 shares, compared to its average volume of 4,184,076. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.30 and a quick ratio of 0.92. The company has a market cap of $31.50 billion, a PE ratio of -27.88, a P/E/G ratio of 2.53 and a beta of 1.15. The business's 50 day simple moving average is $89.77 and its 200-day simple moving average is $74.13. The Estee Lauder Companies Inc. has a fifty-two week low of $48.37 and a fifty-two week high of $103.44.

Estee Lauder Companies (NYSE:EL - Get Free Report) last issued its quarterly earnings results on Wednesday, August 20th. The company reported $0.09 earnings per share for the quarter, topping the consensus estimate 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 company's quarterly revenue was down 11.9% on a year-over-year basis. During the same quarter last year, the company earned $0.64 earnings per share. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. On average, equities analysts anticipate that The Estee Lauder Companies Inc. will post 1.36 EPS for the current fiscal year.

Estee Lauder Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd will be issued a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Tuesday, September 2nd. Estee Lauder Companies's dividend payout ratio (DPR) is currently -44.59%.

Insider Activity

In related 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 transaction was disclosed in a document filed with the SEC, which is available through 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. 12.78% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on EL shares. Barclays lifted their target price on Estee Lauder Companies from $63.00 to $84.00 and gave the stock an "equal weight" rating in a research report on Tuesday, July 15th. Wells Fargo & Company lifted their target price on Estee Lauder Companies from $60.00 to $90.00 and gave the stock an "equal weight" rating in a research report on Wednesday, July 9th. Canaccord Genuity Group lifted their target price on Estee Lauder Companies from $62.00 to $85.00 and gave the stock a "hold" rating in a research report on Monday, August 18th. Citigroup lifted their price objective on Estee Lauder Companies from $60.00 to $99.00 and gave the company a "neutral" rating in a report on Tuesday, July 15th. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective 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 assigned a Buy rating and twelve have given a Hold rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $87.80.

About Estee Lauder Companies

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.