Comprehensive Financial Consultants Institutional Inc. decreased its position in The Estee Lauder Companies Inc. (NYSE:EL - Free Report) by 74.1% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 5,345 shares of the company's stock after selling 15,290 shares during the quarter. Comprehensive Financial Consultants Institutional Inc.'s holdings in Estee Lauder Companies were worth $432,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Valeo Financial Advisors LLC acquired a new stake in Estee Lauder Companies during the 2nd quarter worth approximately $225,000. OLD National Bancorp IN lifted its stake in Estee Lauder Companies by 34.8% during the second quarter. OLD National Bancorp IN now owns 85,857 shares of the company's stock worth $6,937,000 after purchasing an additional 22,180 shares during the last quarter. Clarius Group LLC bought a new position in Estee Lauder Companies during the second quarter worth $227,000. Ameritas Advisory Services LLC acquired a new stake in Estee Lauder Companies in the second quarter worth $44,000. Finally, Greenwood Capital Associates LLC acquired a new stake in Estee Lauder Companies in the second quarter worth $1,835,000. Hedge funds and other institutional investors own 55.15% of the company's stock.
Estee Lauder Companies Stock Down 0.8%
EL opened at $88.09 on Monday. 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 business has a 50 day moving average price of $89.47 and a 200 day moving average price of $76.20. The firm has a market cap of $31.70 billion, a P/E ratio of -28.05, a price-to-earnings-growth ratio of 2.52 and a beta of 1.16. The Estee Lauder Companies Inc. has a twelve month low of $48.37 and a twelve month high of $97.44.
Estee Lauder Companies (NYSE:EL - Get Free Report) last issued its quarterly earnings results on Wednesday, August 20th. The company reported $0.09 EPS for the quarter, topping the consensus estimate of $0.07 by $0.02. The company had revenue of $3.41 billion for 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 revenue for the quarter was down 11.9% on a year-over-year basis. During the same period in the previous year, the business posted $0.64 EPS. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. Research analysts forecast that The Estee Lauder Companies Inc. will post 1.36 EPS for the current year.
Estee Lauder Companies Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd were paid a $0.35 dividend. The ex-dividend date was Tuesday, September 2nd. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.6%. Estee Lauder Companies's dividend payout ratio is currently -44.59%.
Wall Street Analyst Weigh In
A number of research analysts have recently commented on EL shares. Wells Fargo & Company raised their price target on Estee Lauder Companies from $60.00 to $90.00 and gave the company an "equal weight" rating in a report on Wednesday, July 9th. Barclays increased their price target on Estee Lauder Companies from $63.00 to $84.00 and gave the company an "equal weight" rating in a research report on Tuesday, July 15th. Wall Street Zen lowered Estee Lauder Companies from a "hold" rating to a "sell" rating in a research report on Friday, August 22nd. Royal Bank Of Canada raised their price objective on Estee Lauder Companies from $90.00 to $107.00 and gave the stock an "outperform" rating in a research report on Thursday, August 21st. Finally, Bank of America assumed coverage on Estee Lauder Companies in a research report on Thursday, July 10th. They set a "buy" rating and a $110.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $88.55.
View Our Latest Report on Estee Lauder Companies
Insiders Place Their Bets
In other Estee Lauder Companies news, Director Lynn Forester sold 3,702 shares of the company's stock in a transaction on Friday, August 29th. The stock was sold at an average price of $91.65, for a total value of $339,288.30. Following the sale, the director directly owned 15,479 shares in the company, valued at $1,418,650.35. This represents a 19.30% decrease in their ownership of the stock. The sale was disclosed in a legal 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 on Thursday, August 28th. The shares were sold at an average price of $91.88, for a total value of $589,593.96. The disclosure for this sale can be found here. Corporate insiders own 13.05% of the company's stock.
Estee Lauder Companies Profile
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Free Report)
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.
Further Reading
Want to see what other hedge funds are holding EL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Estee Lauder Companies Inc. (NYSE:EL - Free Report).
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