Aberdeen Group plc increased its holdings in The Estee Lauder Companies Inc. (NYSE:EL - Free Report) by 4.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 177,265 shares of the company's stock after acquiring an additional 7,871 shares during the period. Aberdeen Group plc's holdings in Estee Lauder Companies were worth $14,323,000 at the end of the most recent reporting period.
Other hedge funds have also recently bought and sold shares of the company. Annis Gardner Whiting Capital Advisors LLC lifted its stake in Estee Lauder Companies by 1,182.1% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 500 shares of the company's stock worth $33,000 after acquiring an additional 461 shares in the last quarter. Winthrop Capital Management LLC increased its position in Estee Lauder Companies by 2,240.0% in 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. TD Private Client Wealth LLC increased its position in Estee Lauder Companies by 246.4% in the 2nd quarter. TD Private Client Wealth LLC now owns 478 shares of the company's stock worth $39,000 after purchasing an additional 340 shares during the last quarter. Golden State Wealth Management LLC increased its position in Estee Lauder Companies by 57.3% in 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. Finally, Ameritas Advisory Services LLC acquired a new position in Estee Lauder Companies in the 2nd quarter worth about $44,000. 55.15% of the stock is owned by hedge funds and other institutional investors.
Insider Activity at Estee Lauder Companies
In related news, VP Lande Rashida La sold 6,417 shares of the firm's stock in a transaction on Thursday, August 28th. The stock was sold at an average price of $91.88, for a total transaction of $589,593.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Lynn Forester sold 3,702 shares of the firm's stock in a transaction on Friday, August 29th. The shares were 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 of the company's stock, valued at $1,418,650.35. This represents a 19.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. 13.05% of the stock is owned by company insiders.
Analyst Upgrades and Downgrades
Several research analysts have weighed in on the company. Wells Fargo & Company upped their target price on Estee Lauder Companies from $60.00 to $90.00 and gave the stock an "equal weight" rating in a research report on Wednesday, July 9th. Hsbc Global Res raised Estee Lauder Companies from a "hold" rating to a "strong-buy" rating in a report on Friday, June 27th. UBS Group raised their price objective on Estee Lauder Companies from $62.00 to $93.00 and gave the company a "neutral" rating in a research note on Thursday, July 17th. JPMorgan Chase & Co. raised their price objective on Estee Lauder Companies from $99.00 to $114.00 and gave the company an "overweight" rating in a research note on Friday, October 10th. Finally, Wall Street Zen downgraded Estee Lauder Companies from a "hold" rating to a "sell" rating in a research note on Friday, August 22nd. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $91.30.
Read Our Latest Research Report on Estee Lauder Companies
Estee Lauder Companies Stock Performance
EL opened at $95.05 on Wednesday. The firm has a market capitalization of $34.21 billion, a P/E ratio of -30.27, a price-to-earnings-growth ratio of 2.65 and a beta of 1.16. The stock's 50 day moving average price is $89.48 and its two-hundred day moving average price is $77.39. 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 12-month low of $48.37 and a 12-month high of $96.50.
Estee Lauder Companies (NYSE:EL - Get Free Report) last released its 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. Estee Lauder Companies had a positive return on equity of 12.37% and a negative net margin of 7.91%.The firm had revenue of $3.41 billion for the quarter, compared to analyst estimates of $3.36 billion. During the same quarter last year, the firm posted $0.64 EPS. The company's 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. On average, equities analysts forecast that The Estee Lauder Companies Inc. will post 1.36 earnings per share for the current year.
Estee Lauder Companies Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd were given 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 1.5%. Estee Lauder Companies's dividend payout ratio (DPR) is currently -44.59%.
About Estee Lauder Companies
(
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.
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