The Estee Lauder Companies Inc. $EL Shares Bought by Kovitz Investment Group Partners LLC

Key Points

• Kovitz Investment Group Partners LLC increased its stake in The Estee Lauder Companies Inc. by 52%, owning a total of 30,233 shares valued at approximately $1,995,000 as of the end of the first quarter.
• Recent analyst upgrades have raised Estee Lauder's price targets significantly, with Barclays lifting it to $84 and Evercore ISI to $100, indicating a generally positive outlook for the stock.
• Currently, 55.15% of Estee Lauder's stock is held by institutional investors and hedge funds, reflecting strong interest from large financial entities.

Kovitz Investment Group Partners LLC raised its holdings in shares of The Estee Lauder Companies Inc. (NYSE:EL - Free Report) by 52.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 30,233 shares of the company's stock after purchasing an additional 10,338 shares during the period. Kovitz Investment Group Partners LLC's holdings in Estee Lauder Companies were worth $1,995,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Tokio Marine Asset Management Co. Ltd. increased its position in Estee Lauder Companies by 9.5% during the 1st quarter. Tokio Marine Asset Management Co. Ltd. now owns 8,042 shares of the company's stock valued at $531,000 after buying an additional 699 shares in the last quarter. S Bank Fund Management Ltd acquired a new position in shares of Estee Lauder Companies during the first quarter valued at about $123,000. Russell Investments Group Ltd. raised its position in shares of Estee Lauder Companies by 171.9% in the 1st quarter. Russell Investments Group Ltd. now owns 601,351 shares of the company's stock valued at $39,678,000 after purchasing an additional 380,199 shares during the last quarter. Prudential PLC boosted its stake in Estee Lauder Companies by 101.8% in the 1st quarter. Prudential PLC now owns 13,932 shares of the company's stock worth $920,000 after purchasing an additional 7,028 shares in the last quarter. Finally, Resona Asset Management Co. Ltd. grew its position in Estee Lauder Companies by 8.8% during the 1st quarter. Resona Asset Management Co. Ltd. now owns 74,246 shares of the company's stock worth $4,893,000 after purchasing an additional 6,023 shares during the last quarter. Institutional investors and hedge funds own 55.15% of the company's stock.

Estee Lauder Companies Stock Performance

Shares of EL stock traded up $3.3630 on Friday, hitting $91.0830. The company had a trading volume of 4,050,762 shares, compared to its average volume of 4,322,243. The Estee Lauder Companies Inc. has a twelve month low of $48.37 and a twelve month high of $103.44. 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 firm has a market cap of $32.77 billion, a P/E ratio of -29.01, a price-to-earnings-growth ratio of 2.61 and a beta of 1.18. The company has a 50-day moving average price of $86.79 and a 200-day moving average price of $72.35.

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 for the quarter, beating the consensus estimate of $0.07 by $0.02. Estee Lauder Companies had a positive return on equity of 12.37% and a negative net margin of 7.91%.The company had revenue of $3.41 billion during the quarter, compared to analysts' expectations of $3.36 billion. During the same period last year, the business earned $0.64 earnings per share. Estee Lauder Companies's quarterly revenue was down 11.9% on a year-over-year basis. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. As a group, equities research analysts predict that The Estee Lauder Companies Inc. will post 1.36 earnings per share for the current fiscal year.

Estee Lauder Companies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd will be issued a dividend of $0.35 per share. The ex-dividend date of this dividend is Tuesday, September 2nd. This represents a $1.40 dividend on an annualized basis and a yield of 1.5%. Estee Lauder Companies's dividend payout ratio is -44.59%.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. JPMorgan Chase & Co. decreased their price target on shares of Estee Lauder Companies from $101.00 to $99.00 and set an "overweight" rating for the company in a report on Thursday. Evercore ISI raised their target price on Estee Lauder Companies from $90.00 to $100.00 and gave the stock an "outperform" rating in a research note on Thursday, June 26th. UBS Group lifted their price target on Estee Lauder Companies from $62.00 to $93.00 and gave the stock a "neutral" rating in a research report on Thursday, July 17th. Wall Street Zen lowered Estee Lauder Companies from a "hold" rating to a "sell" rating in a report on Friday. Finally, Piper Sandler restated an "overweight" rating and issued a $75.00 price objective (down from $92.00) on shares of Estee Lauder Companies in a research note on Friday, May 2nd. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and twelve have issued a Hold rating to the company's stock. According to MarketBeat.com, Estee Lauder Companies currently has an average rating of "Hold" and an average price target of $87.80.

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.