The Estee Lauder Companies Inc. $EL Shares Bought by BI Asset Management Fondsmaeglerselskab A S

Key Points

• BI Asset Management Fondsmaeglerselskab A S nearly doubled its stake in Estee Lauder in the fourth quarter, increasing holdings by 96.5% to 80,177 shares worth about $8.4 million.
• Several other institutional investors also added to EL, and overall 55.15% of the stock is owned by hedge funds and other institutions.
• Estée Lauder reported better-than-expected quarterly results, earning $0.91 per share versus $0.66 expected, while revenue rose 4.6% year over year to $3.71 billion; the company also declared a quarterly dividend of $0.35 per share.

BI Asset Management Fondsmaeglerselskab A S increased its holdings in The Estee Lauder Companies Inc. (NYSE:EL - Free Report) by 96.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 80,177 shares of the company's stock after purchasing an additional 39,379 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S's holdings in Estee Lauder Companies were worth $8,396,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Pinebridge Investments LLC purchased a new stake in Estee Lauder Companies during the 4th quarter worth approximately $2,096,000. Parallel Advisors LLC increased its stake in Estee Lauder Companies by 15.8% during the 4th quarter. Parallel Advisors LLC now owns 4,084 shares of the company's stock worth $428,000 after buying an additional 557 shares in the last quarter. Vise Technologies Inc. increased its stake in Estee Lauder Companies by 73.2% during the 4th quarter. Vise Technologies Inc. now owns 5,394 shares of the company's stock worth $565,000 after buying an additional 2,280 shares in the last quarter. Daiwa Securities Group Inc. increased its stake in Estee Lauder Companies by 9.0% during the 4th quarter. Daiwa Securities Group Inc. now owns 40,081 shares of the company's stock worth $4,197,000 after buying an additional 3,314 shares in the last quarter. Finally, Cibc World Market Inc. increased its stake in Estee Lauder Companies by 34.2% during the 4th quarter. Cibc World Market Inc. now owns 4,488 shares of the company's stock worth $470,000 after buying an additional 1,143 shares in the last quarter. 55.15% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on EL shares. Wells Fargo & Company upped their price target on Estee Lauder Companies from $75.00 to $85.00 and gave the company an "equal weight" rating in a research report on Monday, May 4th. Zacks Research upgraded Estee Lauder Companies from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, May 12th. Deutsche Bank Aktiengesellschaft dropped their price target on Estee Lauder Companies from $124.00 to $108.00 and set a "buy" rating for the company in a research report on Monday, March 30th. Telsey Advisory Group dropped their price target on Estee Lauder Companies from $105.00 to $90.00 and set a "market perform" rating for the company in a research report on Monday, May 4th. Finally, HSBC lowered Estee Lauder Companies from a "buy" rating to a "hold" rating and set a $106.00 price target for the company. in a research report on Tuesday, February 10th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, eight have given a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $101.63.

Estee Lauder Companies Stock Up 0.8%

NYSE:EL opened at $83.56 on Friday. The company has a quick ratio of 0.94, a current ratio of 1.27 and a debt-to-equity ratio of 1.71. The stock's fifty day moving average is $78.57 and its two-hundred day moving average is $94.59. The Estee Lauder Companies Inc. has a 52 week low of $66.22 and a 52 week high of $121.64. The stock has a market capitalization of $30.23 billion, a price-to-earnings ratio of -119.38, a price-to-earnings-growth ratio of 0.86 and a beta of 1.26.

Estee Lauder Companies (NYSE:EL - Get Free Report) last announced its quarterly earnings data on Friday, May 1st. The company reported $0.91 earnings per share for the quarter, beating analysts' consensus estimates of $0.66 by $0.25. Estee Lauder Companies had a negative net margin of 1.67% and a positive return on equity of 20.66%. The firm had revenue of $3.71 billion during the quarter, compared to analysts' expectations of $3.69 billion. During the same quarter in the previous year, the business posted $0.65 earnings per share. The business's quarterly revenue was up 4.6% compared to the same quarter last year. Estee Lauder Companies has set its FY 2026 guidance at 2.330-2.430 EPS. Research analysts anticipate that The Estee Lauder Companies Inc. will post 2.41 EPS for the current year.

Estee Lauder Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be paid a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 1.7%. The ex-dividend date is Friday, May 29th. Estee Lauder Companies's dividend payout ratio (DPR) is presently -200.00%.

Estee Lauder Companies Company Profile

Estée Lauder Companies Inc NYSE: EL is a global leader in prestige beauty that develops, manufactures and markets a broad portfolio of skincare, makeup, fragrance and hair care products. Founded in 1946 by Estée Lauder, the company has grown from a small family business into a multinational consumer-products enterprise headquartered in New York City. Its activities span product research and development, brand and product marketing, manufacturing and global distribution across multiple retail channels.

The company's portfolio includes a mix of legacy and prestige brands that target different consumer segments and price points, with well-known names such as Estée Lauder, Clinique, MAC, La Mer and Jo Malone among others.

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