Woodline Partners LP increased its holdings in The Estee Lauder Companies Inc. (NYSE:EL - Free Report) by 1.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 239,414 shares of the company's stock after acquiring an additional 2,984 shares during the period. Woodline Partners LP owned about 0.07% of Estee Lauder Companies worth $15,801,000 at the end of the most recent reporting period.
Other hedge funds have also made changes to their positions in the company. Annis Gardner Whiting Capital Advisors LLC grew its position in Estee Lauder Companies by 1,182.1% during the first 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 in the last quarter. Winthrop Capital Management LLC boosted its stake in shares of Estee Lauder Companies by 2,240.0% during the 1st quarter. Winthrop Capital Management LLC now owns 585 shares of the company's stock valued at $39,000 after buying an additional 560 shares during the period. Golden State Wealth Management LLC grew its holdings in shares of Estee Lauder Companies by 57.3% during the 1st 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 in the last quarter. CVA Family Office LLC increased its stake 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 worth $44,000 after acquiring an additional 359 shares during the last quarter. Finally, Smartleaf Asset Management LLC raised its holdings in shares of Estee Lauder Companies by 64.5% during the first quarter. Smartleaf Asset Management LLC now owns 788 shares of the company's stock worth $52,000 after acquiring an additional 309 shares in the last quarter. 55.15% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling at Estee Lauder Companies
In other Estee Lauder Companies news, Director Lynn Forester sold 3,702 shares of the business's stock in a transaction dated 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 $1,418,650.35. The trade was a 19.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Lande Rashida La sold 6,417 shares of the business's 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 disclosure for this sale can be found here. 12.78% of the stock is currently owned by insiders.
Wall Street Analysts Forecast Growth
A number of brokerages have commented on EL. Citigroup boosted their target price on Estee Lauder Companies from $60.00 to $99.00 and gave the company a "neutral" rating in a research note on Tuesday, July 15th. HSBC upgraded Estee Lauder Companies from a "hold" rating to a "buy" rating and increased their price objective for the stock from $80.00 to $99.00 in a report on Friday, June 27th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Estee Lauder Companies from $98.00 to $100.00 and gave the company a "buy" rating in a research report on Thursday, August 21st. Canaccord Genuity Group increased their price target on shares of Estee Lauder Companies from $62.00 to $85.00 and gave the stock a "hold" rating in a research note on Monday, August 18th. Finally, 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. One 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's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $87.80.
View Our Latest Research Report on EL
Estee Lauder Companies Stock Performance
Shares of Estee Lauder Companies stock traded down $3.13 during midday trading on Friday, hitting $83.68. The company had a trading volume of 3,242,681 shares, compared to its average volume of 4,000,579. The Estee Lauder Companies Inc. has a 1-year low of $48.37 and a 1-year high of $103.44. The business's 50 day simple moving average is $89.64 and its two-hundred day simple moving average is $74.28. The stock has a market cap of $30.12 billion, a PE ratio of -26.65, a P/E/G ratio of 2.48 and a beta of 1.15. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.30 and a quick ratio of 0.92.
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 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 business had revenue of $3.41 billion during the quarter, compared to analysts' expectations of $3.36 billion. During the same quarter last year, the company earned $0.64 earnings per share. The firm'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. As a group, equities analysts predict that The Estee Lauder Companies Inc. will post 1.36 EPS for the current fiscal 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 issued a dividend of $0.35 per share. The ex-dividend date of this dividend is Tuesday, September 2nd. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.7%. Estee Lauder Companies's dividend payout ratio (DPR) is presently -44.59%.
Estee Lauder Companies Profile
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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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