Tidal Investments LLC Buys 226,888 Shares of The Estee Lauder Companies Inc. $EL

Key Points

• Tidal Investments increased its Estee Lauder stake by 24.9% in the second quarter, adding 226,888 shares to own 1.14 million shares valued at approximately $89.8 million. Institutional investors collectively own 55.15% of the company.
• Estee Lauder beat quarterly expectations, reporting $0.39 in EPS versus the $0.32 consensus estimate and $3.64 billion in revenue, up 6.3% year over year. The company issued fiscal 2027 EPS guidance of $3.10 to $3.35.
• The company declared a quarterly dividend of $0.35 per share, or $1.40 annualized, representing a 1.4% yield. Analysts maintain an average “Hold” rating with a consensus price target of $104.67, while an insider recently sold 7,766 shares.

Tidal Investments LLC boosted its stake in shares of The Estee Lauder Companies Inc. (NYSE:EL - Free Report) by 24.9% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,137,758 shares of the company's stock after buying an additional 226,888 shares during the period. Tidal Investments LLC owned approximately 0.31% of Estee Lauder Companies worth $89,826,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Eurizon Capital SGR S.p.A. bought a new stake in Estee Lauder Companies during the 4th quarter valued at about $14,619,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in shares of Estee Lauder Companies during the fourth quarter valued at approximately $19,438,000. Pictet Asset Management Holding SA raised its holdings in Estee Lauder Companies by 14.6% in the 1st quarter. Pictet Asset Management Holding SA now owns 973,478 shares of the company's stock worth $69,854,000 after acquiring an additional 124,079 shares during the last quarter. North Dakota State Investment Board purchased a new position in Estee Lauder Companies in the 4th quarter worth approximately $2,728,000. Finally, Geode Capital Management LLC lifted its position in Estee Lauder Companies by 5.5% in the 4th quarter. Geode Capital Management LLC now owns 6,308,108 shares of the company's stock valued at $658,020,000 after acquiring an additional 331,530 shares in the last quarter. Hedge funds and other institutional investors own 55.15% of the company's stock.

Estee Lauder Companies Stock Down 3.0%

EL stock opened at $98.64 on Thursday. The business's 50-day moving average price is $89.82 and its 200-day moving average price is $85.99. The stock has a market cap of $35.69 billion, a P/E ratio of 201.31, a PEG ratio of 1.18 and a beta of 1.28. The company has a quick ratio of 0.90, a current ratio of 1.22 and a debt-to-equity ratio of 1.79. The Estee Lauder Companies Inc. has a twelve month low of $66.22 and a twelve month high of $121.64.

Estee Lauder Companies (NYSE:EL - Get Free Report) last issued its earnings results on Wednesday, August 19th. The company reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.32 by $0.07. Estee Lauder Companies had a net margin of 1.21% and a return on equity of 23.52%. The company had revenue of $3.64 billion during the quarter, compared to the consensus estimate of $3.55 billion. During the same quarter in the prior year, the firm posted $0.09 EPS. Estee Lauder Companies's quarterly revenue was up 6.3% compared to the same quarter last year. Estee Lauder Companies has set its FY 2027 guidance at 3.100-3.350 EPS. On average, equities research analysts forecast that The Estee Lauder Companies Inc. will post 3.3 EPS for the current year.

Estee Lauder Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be issued a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 1.4%. The ex-dividend date is Monday, August 31st. Estee Lauder Companies's dividend payout ratio (DPR) is currently 285.71%.

Insider Activity at Estee Lauder Companies

In related news, VP Rashida La Lande sold 7,766 shares of the firm's stock in a transaction on Friday, August 28th. The shares were sold at an average price of $103.32, for a total value of $802,383.12. Following the completion of the transaction, the vice president directly owned 14,357 shares of the company's stock, valued at approximately $1,483,365.24. This trade represents a 35.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 13.05% of the company's stock.

Analyst Ratings Changes

Several equities research analysts recently commented on EL shares. Jefferies Financial Group increased their price objective on Estee Lauder Companies from $88.00 to $100.00 and gave the company a "hold" rating in a research report on Thursday, August 20th. Piper Sandler upped their target price on shares of Estee Lauder Companies from $95.00 to $115.00 and gave the company an "overweight" rating in a research note on Thursday, August 20th. Wells Fargo & Company lifted their price target on shares of Estee Lauder Companies from $85.00 to $104.00 and gave the stock an "equal weight" rating in a research note on Thursday, August 20th. Zacks Research downgraded shares of Estee Lauder Companies from a "strong-buy" rating to a "hold" rating in a research report on Friday, July 10th. Finally, TD Cowen lifted their target price on shares of Estee Lauder Companies from $90.00 to $100.00 and gave the stock a "hold" rating in a research report on Thursday, August 20th. Two analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of "Hold" and an average target price of $104.67.

Estee Lauder Companies Profile

The Estée Lauder Companies Inc is a global beauty company that develops, manufactures and markets prestige skincare, makeup, fragrance and hair-care products. Its portfolio includes Estée Lauder, Clinique, M·A·C, Bobbi Brown Cosmetics, La Mer, Jo Malone London, Aveda, Tom Ford Beauty and The Ordinary, among other brands.

Founded in 1946 by Estée and Joseph Lauder, the company began with four skincare products and has expanded into a broad international beauty business. Its products are sold through department and specialty stores, freestanding stores, e-commerce platforms, travel retail locations and other distribution channels.

Estée Lauder Companies serves consumers in markets around the world, including North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa.

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