Alliancebernstein L.P. Grows Stock Holdings in The Estee Lauder Companies Inc. $EL

Key Points

• Alliancebernstein L.P. increased its stake in The Estee Lauder Companies, acquiring an additional 4,309 shares and now holding 237,249 shares valued at approximately $15.7 million.
• Several institutional investors made significant adjustments to their holdings in Estee Lauder, with a total of 55.15% of the stock now owned by these entities.
• Estee Lauder declared a quarterly dividend of $0.35, which will be paid on September 16th, with an annualized dividend yield of 1.6%.

Alliancebernstein L.P. boosted its stake in The Estee Lauder Companies Inc. (NYSE:EL - Free Report) by 1.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 237,249 shares of the company's stock after buying an additional 4,309 shares during the quarter. Alliancebernstein L.P. owned approximately 0.07% of Estee Lauder Companies worth $15,658,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of EL. Annis Gardner Whiting Capital Advisors LLC lifted its stake 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 valued at $33,000 after buying an additional 461 shares in the last quarter. Winthrop Capital Management LLC lifted its stake in Estee Lauder Companies by 2,240.0% in 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 lifted its stake in 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. CVA Family Office LLC lifted its stake in 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 buying an additional 359 shares in the last quarter. Finally, Smartleaf Asset Management LLC lifted its stake in Estee Lauder Companies by 64.5% in the 1st quarter. Smartleaf Asset Management LLC now owns 788 shares of the company's stock valued at $52,000 after buying an additional 309 shares in the last quarter. 55.15% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on EL shares. Evercore ISI raised their price target on shares of Estee Lauder Companies from $90.00 to $100.00 and gave the company an "outperform" rating in a research note on Thursday, June 26th. UBS Group raised their price target 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. Wells Fargo & Company raised their target price on shares of Estee Lauder Companies from $60.00 to $90.00 and gave the stock an "equal weight" rating in a research note on Wednesday, July 9th. Telsey Advisory Group reissued a "market perform" rating and issued a $99.00 target price on shares of Estee Lauder Companies in a research note on Wednesday, August 20th. Finally, JPMorgan Chase & Co. decreased their target price on shares of Estee Lauder Companies from $101.00 to $99.00 and set an "overweight" rating on the stock in a research note on Thursday, August 21st. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and twelve have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $87.80.

Insider Activity at Estee Lauder Companies

In other Estee Lauder Companies news, VP Lande Rashida La sold 6,417 shares of the firm's stock in a transaction that occurred on Thursday, August 28th. The shares were sold at an average price of $91.88, for a total value of $589,593.96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Lynn Forester sold 3,702 shares of Estee Lauder Companies stock in a transaction on Friday, August 29th. The stock was sold at an average price of $91.65, for a total transaction of $339,288.30. Following the sale, the director directly owned 15,479 shares of the company's stock, valued at approximately $1,418,650.35. This trade represents a 19.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. 12.78% of the stock is currently owned by company insiders.

Estee Lauder Companies Price Performance

EL traded down $3.13 during trading on Friday, reaching $83.68. The company's stock had a trading volume of 3,242,681 shares, compared to its average volume of 4,000,579. The firm has a fifty day simple moving average of $89.64 and a two-hundred day simple moving average of $74.28. The company has a market cap of $30.12 billion, a price-to-earnings ratio of -26.65, a PEG ratio of 2.48 and a beta of 1.15. The company has a quick ratio of 0.92, a current ratio of 1.30 and a debt-to-equity ratio of 1.89. The Estee Lauder Companies Inc. has a 1 year low of $48.37 and a 1 year high of $103.44.

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, 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 negative net margin of 7.91% and a positive return on equity of 12.37%. The business's revenue was down 11.9% compared to the same quarter last year. During the same quarter last year, the firm earned $0.64 EPS. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. As a group, analysts anticipate that The Estee Lauder Companies Inc. will post 1.36 EPS for the current year.

Estee Lauder Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd will be issued a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 1.7%. The ex-dividend date is Tuesday, September 2nd. Estee Lauder Companies's dividend payout ratio (DPR) is -44.59%.

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.