BI Asset Management Fondsmaeglerselskab A S Boosts Holdings in The Estee Lauder Companies Inc. $EL

Key Points

• BI Asset Management Fondsmaeglerselskab A S increased its stake in The Estee Lauder Companies Inc. by 106.3%, now holding 12,195 shares valued at approximately $805,000.
• The company reported an earnings per share (EPS) of $0.09 for the last quarter, exceeding estimates, but its quarterly revenue was down 11.9% year-over-year.
• Estee Lauder recently announced a quarterly dividend of $0.35, reflecting an annualized yield of 1.5% and a negative dividend payout ratio.

BI Asset Management Fondsmaeglerselskab A S raised its holdings in shares of The Estee Lauder Companies Inc. (NYSE:EL - Free Report) by 106.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,195 shares of the company's stock after acquiring an additional 6,283 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S's holdings in Estee Lauder Companies were worth $805,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in EL. Annis Gardner Whiting Capital Advisors LLC raised its stake in shares of 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 valued at $33,000 after purchasing an additional 461 shares during the period. Winthrop Capital Management LLC lifted its holdings in shares of Estee Lauder Companies by 2,240.0% in the first quarter. Winthrop Capital Management LLC now owns 585 shares of the company's stock worth $39,000 after buying an additional 560 shares in the last quarter. Golden State Wealth Management LLC boosted its position in shares of Estee Lauder Companies by 57.3% in the first quarter. Golden State Wealth Management LLC now owns 626 shares of the company's stock valued at $41,000 after acquiring an additional 228 shares during the period. CVA Family Office LLC boosted its position in shares of Estee Lauder Companies by 116.2% in the first quarter. CVA Family Office LLC now owns 668 shares of the company's stock valued at $44,000 after acquiring an additional 359 shares during the period. Finally, Farther Finance Advisors LLC grew its stake in Estee Lauder Companies by 41.0% during the first quarter. Farther Finance Advisors LLC now owns 787 shares of the company's stock valued at $53,000 after acquiring an additional 229 shares in the last quarter. 55.15% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently commented on EL shares. Bank of America assumed coverage on Estee Lauder Companies in a report on Thursday, July 10th. They set a "buy" rating and a $110.00 price objective for the company. JPMorgan Chase & Co. cut their price target on shares of Estee Lauder Companies from $101.00 to $99.00 and set an "overweight" rating on the stock in a report on Thursday, August 21st. Barclays upped their target price on Estee Lauder Companies from $63.00 to $84.00 and gave the company an "equal weight" rating in a report on Tuesday, July 15th. Piper Sandler reaffirmed an "overweight" rating and set a $75.00 target price (down previously from $92.00) on shares of Estee Lauder Companies in a research note on Friday, May 2nd. Finally, HSBC raised shares of Estee Lauder Companies from a "hold" rating to a "buy" rating and increased their price target for the stock from $80.00 to $99.00 in a research note on Friday, June 27th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and twelve have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $87.80.

Estee Lauder Companies Stock Up 1.2%

EL stock traded up $1.05 during trading on Tuesday, hitting $89.73. 3,810,839 shares of the stock traded hands, compared to its average volume of 4,206,291. The stock has a market cap of $32.28 billion, a price-to-earnings ratio of -28.58, a price-to-earnings-growth ratio of 2.61 and a beta of 1.18. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.30 and a quick ratio of 0.92. The Estee Lauder Companies Inc. has a 1 year low of $48.37 and a 1 year high of $103.44. The firm's 50 day moving average is $87.07 and its two-hundred day moving average is $72.51.

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 negative net margin of 7.91% and a positive return on equity of 12.37%. The company had revenue of $3.41 billion during the quarter, compared to the consensus estimate of $3.36 billion. During the same quarter last year, the firm earned $0.64 earnings per share. The firm's quarterly revenue was down 11.9% compared to the same quarter last year. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. On average, sell-side analysts anticipate that The Estee Lauder Companies Inc. will post 1.36 EPS for the current year.

Estee Lauder Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd will be issued a $0.35 dividend. The ex-dividend date of this dividend is Tuesday, September 2nd. This represents a $1.40 annualized dividend and a dividend yield of 1.6%. Estee Lauder Companies's payout ratio is presently -44.59%.

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.