APG Asset Management N.V. Reduces Stock Holdings in The Estee Lauder Companies Inc. $EL

Key Points

• APG Asset Management N.V. reduced its stake in The Estee Lauder Companies Inc. by 7.6% during the first quarter, holding 164,578 shares worth approximately $10 million after selling 13,474 shares.
• The company reported a quarterly EPS of $0.09, exceeding analysts' expectations of $0.07, while revenue fell by 11.9% year-over-year to $3.41 billion.
• Estee Lauder has recently declared a quarterly dividend of $0.35, resulting in an annualized yield of 1.6% for shareholders of record.

APG Asset Management N.V. lessened its holdings in The Estee Lauder Companies Inc. (NYSE:EL - Free Report) by 7.6% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 164,578 shares of the company's stock after selling 13,474 shares during the quarter. APG Asset Management N.V.'s holdings in Estee Lauder Companies were worth $10,056,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Annis Gardner Whiting Capital Advisors LLC raised its position in Estee Lauder Companies by 1,182.1% during the 1st 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 during the last quarter. Winthrop Capital Management LLC raised its position in 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 purchasing an additional 560 shares during the last quarter. Golden State Wealth Management LLC raised its position in Estee Lauder Companies by 57.3% during the 1st quarter. Golden State Wealth Management LLC now owns 626 shares of the company's stock worth $41,000 after purchasing an additional 228 shares during the last quarter. CVA Family Office LLC raised its position in Estee Lauder Companies by 116.2% during the 1st quarter. CVA Family Office LLC now owns 668 shares of the company's stock worth $44,000 after purchasing an additional 359 shares during the last quarter. Finally, Smartleaf Asset Management LLC raised its position in Estee Lauder Companies by 64.5% during the 1st quarter. Smartleaf Asset Management LLC now owns 788 shares of the company's stock worth $52,000 after purchasing an additional 309 shares during the last quarter. Institutional investors and hedge funds own 55.15% of the company's stock.

Insider Buying and Selling at Estee Lauder Companies

In other news, VP Lande Rashida La sold 6,417 shares of the business's stock in a transaction that occurred on Thursday, August 28th. The stock was sold at an average price of $91.88, for a total value of $589,593.96. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. 12.78% of the stock is owned by insiders.

Estee Lauder Companies Stock Down 0.0%

EL stock traded down $0.02 during mid-day trading on Friday, reaching $91.75. 2,357,777 shares of the company traded hands, compared to its average volume of 4,146,223. The stock has a market cap of $33.02 billion, a price-to-earnings ratio of -29.22, a P/E/G ratio of 2.62 and a beta of 1.18. 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 fifty-two week low of $48.37 and a fifty-two week high of $103.44. The firm's 50 day moving average price is $88.40 and its 200 day moving average price is $73.08.

Estee Lauder Companies (NYSE:EL - Get Free Report) last released its quarterly earnings results on Wednesday, August 20th. The company reported $0.09 earnings per share (EPS) for the quarter, beating 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 positive return on equity of 12.37% and a negative net margin of 7.91%.The company's quarterly revenue was down 11.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.64 EPS. 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 EPS for the current fiscal year.

Estee Lauder Companies Dividend Announcement

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

Analyst Upgrades and Downgrades

EL has been the subject of several analyst reports. HSBC raised Estee Lauder Companies from a "hold" rating to a "buy" rating and raised their target price for the stock from $80.00 to $99.00 in a research report on Friday, June 27th. Telsey Advisory Group reissued a "market perform" rating and issued a $99.00 price objective on shares of Estee Lauder Companies in a research report on Wednesday, August 20th. Citigroup lifted their price objective on Estee Lauder Companies from $60.00 to $99.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 15th. Hsbc Global Res raised Estee Lauder Companies from a "hold" rating to a "strong-buy" rating in a research report on Friday, June 27th. Finally, Barclays lifted their price objective on Estee Lauder Companies from $63.00 to $84.00 and gave the stock an "equal weight" rating in a research report on Tuesday, July 15th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and twelve have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price 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.