UniSuper Management Pty Ltd Boosts Stock Position in The Estee Lauder Companies Inc. $EL

Key Points

• UniSuper Management Pty Ltd increased its stake in The Estee Lauder Companies Inc. by 2.3% in Q1, owning 171,446 shares valued at $11.31 million.
• Numerous analysts have upgraded their price targets for Estee Lauder, with UBS raising it from $62 to $93, contributing to a consensus target price of $87.80.
• Estee Lauder recently announced a quarterly dividend of $0.35 per share, yielding approximately 1.6%, payable on September 16th.

UniSuper Management Pty Ltd grew its stake in shares of The Estee Lauder Companies Inc. (NYSE:EL - Free Report) by 2.3% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 171,446 shares of the company's stock after buying an additional 3,849 shares during the period. UniSuper Management Pty Ltd's holdings in Estee Lauder Companies were worth $11,315,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Horizon Investments LLC lifted its position in shares of Estee Lauder Companies by 5.1% during the 1st quarter. Horizon Investments LLC now owns 3,351 shares of the company's stock valued at $221,000 after buying an additional 164 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd lifted its position in shares of Estee Lauder Companies by 0.7% during the 1st quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 24,633 shares of the company's stock valued at $1,626,000 after buying an additional 171 shares in the last quarter. DAVENPORT & Co LLC lifted its position in shares of Estee Lauder Companies by 5.1% during the 1st quarter. DAVENPORT & Co LLC now owns 3,796 shares of the company's stock valued at $251,000 after buying an additional 185 shares in the last quarter. First Hawaiian Bank lifted its position in shares of Estee Lauder Companies by 2.9% during the 1st quarter. First Hawaiian Bank now owns 7,200 shares of the company's stock valued at $475,000 after buying an additional 200 shares in the last quarter. Finally, State of Michigan Retirement System lifted its position in shares of Estee Lauder Companies by 0.3% during the 1st quarter. State of Michigan Retirement System now owns 63,538 shares of the company's stock valued at $4,194,000 after buying an additional 200 shares in the last quarter. 55.15% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on EL shares. Hsbc Global Res raised Estee Lauder Companies from a "hold" rating to a "strong-buy" rating in a research report on Friday, June 27th. UBS Group boosted their price target on Estee Lauder Companies from $62.00 to $93.00 and gave the stock a "neutral" rating in a report on Thursday, July 17th. Deutsche Bank Aktiengesellschaft boosted their price target on Estee Lauder Companies from $98.00 to $100.00 and gave the stock a "buy" rating in a report on Thursday, August 21st. Wells Fargo & Company boosted their price target on Estee Lauder Companies from $60.00 to $90.00 and gave the stock an "equal weight" rating in a report on Wednesday, July 9th. Finally, HSBC raised Estee Lauder Companies from a "hold" rating to a "buy" rating and boosted their price target for the stock from $80.00 to $99.00 in a report on Friday, June 27th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and twelve have given a Hold rating to the stock. According to MarketBeat.com, Estee Lauder Companies currently has an average rating of "Hold" and a consensus target price of $87.80.

Estee Lauder Companies Stock Performance

NYSE:EL opened at $89.20 on Monday. 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 stock's 50 day simple moving average is $89.56 and its two-hundred day simple moving average is $73.82. The company has a market cap of $32.10 billion, a price-to-earnings ratio of -28.41, a PEG ratio of 2.54 and a beta of 1.15.

Estee Lauder Companies (NYSE:EL - Get Free Report) last released its quarterly earnings data on Wednesday, August 20th. The company reported $0.09 earnings per share (EPS) for the quarter, topping 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 business had revenue of $3.41 billion for the quarter, compared to the consensus estimate of $3.36 billion. During the same quarter in the previous year, the company posted $0.64 EPS. The company's 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. As a group, equities analysts anticipate that The Estee Lauder Companies Inc. will post 1.36 earnings per share for the current fiscal year.

Estee Lauder Companies Announces Dividend

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

Insider Buying and Selling

In other Estee Lauder Companies news, VP Lande Rashida La sold 6,417 shares of Estee Lauder Companies stock in a transaction that occurred on Thursday, August 28th. The stock was sold at an average price of $91.88, for a total value of $589,593.96. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Lynn Forester sold 3,702 shares of the business's stock in a transaction that occurred 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 transaction, the director directly owned 15,479 shares in the company, valued at approximately $1,418,650.35. This represents a 19.30% decrease in their position. The disclosure for this sale can be found here. Insiders own 12.78% of the company's stock.

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.

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