Gabelli Funds LLC Boosts Holdings in The Estee Lauder Companies Inc. $EL

Key Points

• Gabelli Funds LLC increased its stake in The Estee Lauder Companies Inc. by 61.1%, owning 69,900 shares valued at approximately $4.61 million after acquiring an additional 26,500 shares during the first quarter.
• Deutsche Bank raised its price target for Estee Lauder from $98.00 to $100.00, indicating a "buy" rating, while several analysts have different ratings and targets for the stock, reflecting varying market sentiments.
• Estee Lauder reported earnings of $0.09 per share, exceeding estimates and showcasing a revenue of $3.41 billion for the quarter, despite an 11.9% decline year-over-year.

Gabelli Funds LLC increased its stake in shares of The Estee Lauder Companies Inc. (NYSE:EL - Free Report) by 61.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 69,900 shares of the company's stock after purchasing an additional 26,500 shares during the quarter. Gabelli Funds LLC's holdings in Estee Lauder Companies were worth $4,613,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Annis Gardner Whiting Capital Advisors LLC raised 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 purchasing an additional 461 shares in the last quarter. Winthrop Capital Management LLC raised its stake in shares of Estee Lauder Companies by 2,240.0% during the 1st 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 lifted its position in Estee Lauder Companies by 57.3% during the first quarter. Golden State Wealth Management LLC now owns 626 shares of the company's stock valued at $41,000 after acquiring an additional 228 shares during the last quarter. CVA Family Office LLC boosted its stake in Estee Lauder Companies by 116.2% in the first quarter. CVA Family Office LLC now owns 668 shares of the company's stock valued at $44,000 after acquiring an additional 359 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its holdings in Estee Lauder Companies by 41.0% in the first quarter. Farther Finance Advisors LLC now owns 787 shares of the company's stock worth $53,000 after purchasing an additional 229 shares during the last quarter. Institutional investors own 55.15% of the company's stock.

Estee Lauder Companies Stock Performance

NYSE EL traded down $0.61 on Tuesday, reaching $90.77. 1,395,855 shares of the company's stock traded hands, compared to its average volume of 4,162,836. The stock has a 50 day moving average price of $88.66 and a 200-day moving average price of $73.29. The firm has a market cap of $32.67 billion, a price-to-earnings ratio of -28.84, a P/E/G ratio of 2.62 and a beta of 1.15. 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 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 data on Wednesday, August 20th. The company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.02. The business had revenue of $3.41 billion during the quarter, compared to analysts' expectations 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 revenue for the quarter was down 11.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.64 EPS. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. Equities research analysts predict 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 announced a quarterly dividend, which will be paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd will be issued a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Tuesday, September 2nd. Estee Lauder Companies's payout ratio is -44.59%.

Wall Street Analyst Weigh In

Several brokerages have recently commented on EL. Evercore ISI increased their price objective on Estee Lauder Companies from $90.00 to $100.00 and gave the company an "outperform" rating in a report on Thursday, June 26th. Hsbc Global Res upgraded Estee Lauder Companies from a "hold" rating to a "strong-buy" rating in a research note on Friday, June 27th. Barclays raised their price target on Estee Lauder Companies from $63.00 to $84.00 and gave the stock an "equal weight" rating in a report on Tuesday, July 15th. Telsey Advisory Group restated a "market perform" rating and set a $99.00 price objective on shares of Estee Lauder Companies in a report on Wednesday, August 20th. Finally, Wall Street Zen cut shares of Estee Lauder Companies from a "hold" rating to a "sell" rating in a research note on Friday, August 22nd. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and twelve have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $87.80.

Insider Buying and Selling at Estee Lauder Companies

In related news, Director Lynn Forester sold 3,702 shares of the stock in a transaction on Friday, August 29th. The shares were 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 represents a 19.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, VP Lande Rashida La sold 6,417 shares of the company's stock in a transaction dated Thursday, August 28th. The stock was sold at an average price of $91.88, for a total transaction of $589,593.96. The disclosure for this sale can be found here. Insiders own 12.78% of the company's stock.

Estee Lauder Companies Company 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.