Versor Investments LP Grows Stock Position in The Estee Lauder Companies Inc. $EL

Key Points

• Versor Investments LP increased its stake in The Estee Lauder Companies Inc. by 197.3% during the first quarter, now holding a total of 10,764 shares worth approximately $710,000.
• Other institutional investors have also expanded their holdings, with Invesco Ltd. and American Century Companies Inc. increasing their stakes by 21.9% and 34.9%, respectively.
• The stock currently has a market cap of $32.68 billion and has seen a price range from a 1-year low of $48.37 to a high of $103.44.

Versor Investments LP boosted its stake in shares of The Estee Lauder Companies Inc. (NYSE:EL - Free Report) by 197.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,764 shares of the company's stock after buying an additional 7,144 shares during the period. Versor Investments LP's holdings in Estee Lauder Companies were worth $710,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the stock. Invesco Ltd. lifted its holdings in Estee Lauder Companies by 21.9% during the first quarter. Invesco Ltd. now owns 6,681,785 shares of the company's stock worth $440,998,000 after buying an additional 1,200,537 shares during the period. American Century Companies Inc. lifted its holdings in shares of Estee Lauder Companies by 34.9% during the 1st quarter. American Century Companies Inc. now owns 4,511,115 shares of the company's stock valued at $297,734,000 after purchasing an additional 1,167,508 shares during the last quarter. Ensign Peak Advisors Inc lifted its holdings in shares of Estee Lauder Companies by 12.0% during the 4th quarter. Ensign Peak Advisors Inc now owns 3,608,142 shares of the company's stock valued at $270,538,000 after purchasing an additional 385,677 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Estee Lauder Companies by 3.9% during the 1st quarter. Bank of New York Mellon Corp now owns 3,088,880 shares of the company's stock valued at $203,866,000 after purchasing an additional 117,330 shares during the last quarter. Finally, Northern Trust Corp lifted its holdings in shares of Estee Lauder Companies by 13.7% during the 4th quarter. Northern Trust Corp now owns 2,365,560 shares of the company's stock valued at $177,370,000 after purchasing an additional 285,272 shares during the last quarter. Hedge funds and other institutional investors own 55.15% of the company's stock.

Analyst Upgrades and Downgrades

EL has been the subject of several analyst reports. Citigroup increased their price objective on Estee Lauder Companies from $60.00 to $99.00 and gave the company a "neutral" rating in a report on Tuesday, July 15th. Wall Street Zen lowered Estee Lauder Companies from a "hold" rating to a "sell" rating in a report on Friday. Royal Bank Of Canada increased their price objective on Estee Lauder Companies from $90.00 to $107.00 and gave the company an "outperform" rating in a report on Thursday. Piper Sandler reiterated an "overweight" rating and set a $75.00 price objective (down previously from $92.00) on shares of Estee Lauder Companies in a report on Friday, May 2nd. Finally, B. Riley reiterated a "neutral" rating and set a $60.00 price objective (down previously from $70.00) on shares of Estee Lauder Companies in a report on Friday, May 2nd. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and twelve have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $87.80.

Estee Lauder Companies Stock Performance

EL stock traded up $3.3630 during midday trading on Friday, reaching $91.0830. The stock had a trading volume of 4,050,762 shares, compared to its average volume of 4,500,209. The stock has a market cap of $32.77 billion, a PE ratio of -29.01, a P/E/G ratio of 6.80 and a beta of 1.18. The company has a debt-to-equity ratio of 1.89, a quick ratio of 1.02 and a current ratio of 1.30. The firm has a fifty day simple moving average of $86.79 and a two-hundred day simple moving average of $72.25. The Estee Lauder Companies Inc. has a 52-week low of $48.37 and a 52-week high of $103.44.

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 for the quarter, beating analysts' consensus estimates of $0.07 by $0.02. The business had revenue of $3.41 billion during the quarter, compared to analyst estimates 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 was down 11.9% on a year-over-year basis. During the same quarter last year, the business posted $0.64 EPS. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. As a group, equities research analysts anticipate that The Estee Lauder Companies Inc. will post 1.36 EPS for the current year.

Estee Lauder Companies Dividend Announcement

The business 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 dividend of $0.35 per share. The ex-dividend date is 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 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.