The Estee Lauder Companies Inc. $EL Shares Bought by CenterBook Partners LP

Key Points

• CenterBook Partners increased its Estée Lauder stake by 77.6% in the third quarter, adding 19,151 shares to bring its holdings to 43,843 shares, valued at about $4.07 million.
• Estée Lauder reported quarterly EPS of $0.72, beating the $0.51 consensus estimate, while revenue of $3.72 billion topped forecasts and rose 6.7% year over year.
• Insiders sold 79,802 shares worth about $7.93 million over the past 90 days. Analysts’ consensus rating was “Moderate Buy,” with an average target price of $110.31.

CenterBook Partners LP increased its stake in shares of The Estee Lauder Companies Inc. (NYSE:EL - Free Report) by 77.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 43,843 shares of the company's stock after purchasing an additional 19,151 shares during the quarter. CenterBook Partners LP's holdings in Estee Lauder Companies were worth $4,067,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the stock. IFP Advisors Inc lifted its stake in Estee Lauder Companies by 35.2% in the 2nd quarter. IFP Advisors Inc now owns 415 shares of the company's stock valued at $33,000 after purchasing an additional 108 shares during the last quarter. Kestra Advisory Services LLC grew its stake in shares of Estee Lauder Companies by 3.1% during the first quarter. Kestra Advisory Services LLC now owns 4,520 shares of the company's stock worth $324,000 after buying an additional 134 shares during the last quarter. QRG Capital Management Inc. grew its stake in shares of Estee Lauder Companies by 3.0% during the second quarter. QRG Capital Management Inc. now owns 4,569 shares of the company's stock worth $361,000 after buying an additional 135 shares during the last quarter. Hartford Financial Management Inc. grew its stake in shares of Estee Lauder Companies by 1.3% during the third quarter. Hartford Financial Management Inc. now owns 10,787 shares of the company's stock worth $1,001,000 after buying an additional 140 shares during the last quarter. Finally, State of Michigan Retirement System increased its holdings in shares of Estee Lauder Companies by 0.3% during the first quarter. State of Michigan Retirement System now owns 64,538 shares of the company's stock worth $4,632,000 after buying an additional 200 shares in the last quarter. 55.15% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Estee Lauder Companies

In related news, VP Rashida La Lande sold 7,766 shares of the stock in a transaction on Friday, August 28th. The stock was sold at an average price of $103.32, for a total value of $802,383.12. Following the completion of the sale, the vice president directly owned 14,357 shares in the company, valued at $1,483,365.24. This represents a 35.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Paul Fribourg sold 58,000 shares of the stock in a transaction on Monday, September 14th. The shares were sold at an average price of $98.17, for a total value of $5,693,860.00. Following the completion of the sale, the director owned 417,300 shares of the company's stock, valued at $40,966,341. The trade was a 12.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 79,802 shares of company stock worth $7,933,420. Company insiders own 11.54% of the company's stock.

Estee Lauder Companies Trading Up 2.4%

EL opened at $110.22 on Friday. The Estee Lauder Companies Inc. has a fifty-two week low of $66.22 and a fifty-two week high of $121.64. The company has a debt-to-equity ratio of 1.67, a current ratio of 1.25 and a quick ratio of 0.90. The firm has a market capitalization of $39.88 billion, a price-to-earnings ratio of 110.22, a PEG ratio of 1.48 and a beta of 1.23. The company's 50 day moving average price is $100.73 and its two-hundred day moving average price is $91.73.

Estee Lauder Companies (NYSE:EL - Get Free Report) last announced its quarterly earnings results on Monday, November 2nd. The company reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.21. The firm had revenue of $3.72 billion during the quarter, compared to analysts' expectations of $3.65 billion. Estee Lauder Companies had a net margin of 2.41% and a return on equity of 26.99%. The company's revenue was up 6.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.32 EPS. As a group, research analysts predict that The Estee Lauder Companies Inc. will post 3.43 earnings per share for the current year.

Estee Lauder Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Monday, November 30th will be paid a $0.35 dividend. The ex-dividend date of this dividend is Monday, November 30th. This represents a $1.40 annualized dividend and a dividend yield of 1.3%. Estee Lauder Companies's payout ratio is currently 140.00%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. CICC Research upgraded Estee Lauder Companies from a "neutral" rating to an "outperform" rating and increased their price target for the company from $65.00 to $122.00 in a research note on Monday, August 31st. JPMorgan Chase & Co. boosted their price objective on Estee Lauder Companies from $115.00 to $120.00 and gave the stock an "overweight" rating in a research report on Tuesday, November 3rd. Citigroup boosted their price objective on Estee Lauder Companies from $115.00 to $121.00 and gave the stock a "buy" rating in a research report on Tuesday, November 3rd. Sanford C. Bernstein upped their target price on Estee Lauder Companies from $82.00 to $106.00 and gave the stock a "market perform" rating in a report on Thursday, August 20th. Finally, Weiss Ratings upgraded Estee Lauder Companies from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Tuesday, October 27th. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Estee Lauder Companies has a consensus rating of "Moderate Buy" and a consensus target price of $110.31.

Trending Headlines about Estee Lauder Companies

Here are the key news stories impacting Estee Lauder Companies this week:

• Positive Sentiment: Estée Lauder unveiled its “Mastering Skin Longevity” scientific research platform at an expo in China. The initiative may help differentiate its skincare products and support future innovation, though no near-term revenue contribution was announced. Estée Lauder launches skin longevity research platform at China expo
• Positive Sentiment: The company’s fiscal 2030 roadmap targets stronger sales, higher margins, and double-digit earnings growth, supported by product innovation and operating efficiencies. Progress toward these goals could improve the long-term outlook, but delivery remains uncertain. EL's Fiscal 2030 Roadmap Targets Stronger Growth & Higher Margins
• Negative Sentiment: Director Barry Sternlicht sold 4,697 shares, reducing his position by about 11.9%. Insider sales can weigh on sentiment, though the transaction alone does not establish a change in the company’s outlook. SEC filing for director share sale

Estee Lauder Companies Company Profile

The Estée Lauder Companies Inc is a global prestige beauty company founded in 1946 by Estée and Joseph Lauder. Based in New York City, it develops, markets and sells beauty products under a portfolio of brands, including Estée Lauder, Clinique, M·A·C, La Mer, Aveda and Jo Malone London.

The company's products span skin care, makeup, fragrance and hair care. It reaches consumers through department stores, specialty retailers, its own stores and websites, and other online and travel-retail channels.

The Estée Lauder Companies serves customers in more than 150 countries and territories.

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