Channing Capital Management LLC Has $5.30 Million Stock Position in The Estee Lauder Companies Inc. $EL

Key Points

• Channing Capital Management LLC reduced its stake in The Estee Lauder Companies by 16.7%, holding 80,291 shares worth approximately $5.3 million after selling 16,075 shares in the first quarter.
• Analysts have varied opinions on Estee Lauder, with Wells Fargo raising its price target from $60.00 to $90.00, while Piper Sandler downgraded its target to $75.00, with a consensus rating of "Hold" and an average price target of $86.95.
• The company's latest earnings report showed earnings per share of $0.09, exceeding the consensus estimate while revenue declined by 11.9% year-over-year.

Channing Capital Management LLC trimmed its position in shares of The Estee Lauder Companies Inc. (NYSE:EL - Free Report) by 16.7% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 80,291 shares of the company's stock after selling 16,075 shares during the period. Channing Capital Management LLC's holdings in Estee Lauder Companies were worth $5,299,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in EL. Invesco Ltd. boosted its position in shares of Estee Lauder Companies by 21.9% during the first quarter. Invesco Ltd. now owns 6,681,785 shares of the company's stock worth $440,998,000 after buying an additional 1,200,537 shares during the period. American Century Companies Inc. increased its position in Estee Lauder Companies by 34.9% in the 1st quarter. American Century Companies Inc. now owns 4,511,115 shares of the company's stock valued at $297,734,000 after acquiring an additional 1,167,508 shares during the period. Ensign Peak Advisors Inc raised its stake in Estee Lauder Companies by 12.0% during the 4th quarter. Ensign Peak Advisors Inc now owns 3,608,142 shares of the company's stock valued at $270,538,000 after acquiring an additional 385,677 shares in the last quarter. Bank of New York Mellon Corp boosted its position in Estee Lauder Companies by 3.9% during the 1st quarter. Bank of New York Mellon Corp now owns 3,088,880 shares of the company's stock worth $203,866,000 after acquiring an additional 117,330 shares during the period. Finally, Northern Trust Corp boosted its position in Estee Lauder Companies by 3.4% during the 1st quarter. Northern Trust Corp now owns 2,445,947 shares of the company's stock worth $161,433,000 after acquiring an additional 80,387 shares during the period. Institutional investors and hedge funds own 55.15% of the company's stock.

Analyst Ratings Changes

A number of research analysts have recently commented on EL shares. Royal Bank Of Canada lifted their price objective on shares of Estee Lauder Companies from $90.00 to $107.00 and gave the company an "outperform" rating in a research note on Thursday. Evercore ISI boosted their price target on shares of Estee Lauder Companies from $90.00 to $100.00 and gave the stock an "outperform" rating in a research report on Thursday, June 26th. Bank of America initiated coverage on shares of Estee Lauder Companies in a research note on Thursday, July 10th. They issued a "buy" rating and a $110.00 price target for the company. Citigroup raised their price objective on shares of Estee Lauder Companies from $60.00 to $99.00 and gave the company a "neutral" rating in a research note on Tuesday, July 15th. Finally, Barclays upped their target price 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 equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and twelve have issued a Hold rating to the stock. Based on data from MarketBeat, Estee Lauder Companies currently has an average rating of "Hold" and a consensus price target of $87.80.

Estee Lauder Companies Price Performance

Shares of NYSE EL traded up $3.3630 during midday trading on Friday, reaching $91.0830. The company's stock had a trading volume of 4,050,762 shares, compared to its average volume of 4,500,209. The Estee Lauder Companies Inc. has a one year low of $48.37 and a one year high of $103.44. The company has a market cap of $32.77 billion, a price-to-earnings ratio of -29.01, a price-to-earnings-growth ratio of 7.07 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 $72.29. The company has a current ratio of 1.30, a quick ratio of 1.02 and a debt-to-equity ratio of 1.89.

Estee Lauder Companies (NYSE:EL - Get Free Report) last issued its earnings results on Wednesday, August 20th. The company reported $0.09 earnings per share for the quarter, topping analysts' consensus estimates of $0.07 by $0.02. The firm had revenue of $3.41 billion during the quarter, compared to analysts' expectations of $3.36 billion. Estee Lauder Companies had a negative net margin of 7.91% and a positive return on equity of 12.37%. The firm's revenue for the quarter was down 11.9% compared to the same quarter last year. During the same period last year, the firm posted $0.64 earnings per share. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. On average, equities research analysts expect that The Estee Lauder Companies Inc. will post 1.36 EPS for the current year.

Estee Lauder Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd will be given 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 dividend yield of 1.5%. Estee Lauder Companies's payout ratio is -44.59%.

About Estee Lauder Companies

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.