Choreo LLC Trims Position in The Estee Lauder Companies Inc. $EL

Choreo LLC lessened its holdings in shares of The Estee Lauder Companies Inc. (NYSE:EL) by 6.3% in the second quarter, Holdings Channel.com reports. The fund owned 18,053 shares of the company’s stock after selling 1,218 shares during the period. Choreo LLC’s holdings in Estee Lauder Companies were worth $1,459,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Invesco Ltd. raised its holdings in Estee Lauder Companies by 21.9% in the 1st quarter. Invesco Ltd. now owns 6,681,785 shares of the company’s stock worth $440,998,000 after purchasing an additional 1,200,537 shares in the last quarter. American Century Companies Inc. boosted its stake 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 in the last quarter. Robeco Institutional Asset Management B.V. increased its position in shares of Estee Lauder Companies by 1,600.4% during the second quarter. Robeco Institutional Asset Management B.V. now owns 1,224,695 shares of the company’s stock valued at $98,955,000 after buying an additional 1,152,669 shares during the period. Bank of New York Mellon Corp raised its stake in Estee Lauder Companies by 35.2% in the second quarter. Bank of New York Mellon Corp now owns 4,175,394 shares of the company’s stock worth $337,372,000 after buying an additional 1,086,514 shares in the last quarter. Finally, Geode Capital Management LLC lifted its holdings in Estee Lauder Companies by 17.8% in the second quarter. Geode Capital Management LLC now owns 5,912,792 shares of the company’s stock worth $475,710,000 after buying an additional 892,631 shares during the period. Institutional investors own 55.15% of the company’s stock.

Insider Activity at Estee Lauder Companies

In related news, Director Barry S. Sternlicht sold 3,972 shares of the business’s stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $91.83, for a total value of $364,748.76. Following the completion of the transaction, the director directly owned 34,812 shares in the company, valued at $3,196,785.96. The trade was a 10.24% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Meridith Webster sold 5,430 shares of the company’s stock in a transaction that occurred on Tuesday, November 18th. The shares were sold at an average price of $87.84, for a total value of $476,971.20. The disclosure for this sale is available in the SEC filing. 13.05% of the stock is owned by company insiders.

Analysts Set New Price Targets

EL has been the topic of a number of research analyst reports. UBS Group upped their target price on Estee Lauder Companies from $93.00 to $105.00 and gave the stock a “neutral” rating in a report on Friday, October 31st. Argus upgraded Estee Lauder Companies from a “hold” rating to a “buy” rating and set a $105.00 price target on the stock in a research report on Tuesday, November 11th. Rothschild & Co Redburn downgraded Estee Lauder Companies from a “neutral” rating to a “sell” rating and decreased their price objective for the stock from $83.00 to $70.00 in a report on Tuesday, November 25th. The Goldman Sachs Group raised Estee Lauder Companies from a “neutral” rating to a “buy” rating and raised their price objective for the company from $76.00 to $115.00 in a research report on Monday, October 13th. Finally, JPMorgan Chase & Co. upped their target price on shares of Estee Lauder Companies from $114.00 to $116.00 and gave the stock an “overweight” rating in a research report on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, ten have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, Estee Lauder Companies has an average rating of “Hold” and a consensus price target of $94.43.

Estee Lauder Companies Trading Down 0.9%

NYSE EL opened at $92.90 on Friday. The Estee Lauder Companies Inc. has a 12 month low of $48.37 and a 12 month high of $104.53. The company has a current ratio of 1.30, a quick ratio of 0.92 and a debt-to-equity ratio of 1.89. The stock’s fifty day moving average price is $92.19 and its 200-day moving average price is $85.77. The stock has a market cap of $33.48 billion, a P/E ratio of -29.58, a P/E/G ratio of 1.77 and a beta of 1.19.

Estee Lauder Companies (NYSE:EL) last announced its quarterly earnings results on Thursday, October 30th. The company reported $0.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.15 by $0.17. 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 $3.48 billion for the quarter, compared to analysts’ expectations of $3.38 billion. During the same quarter in the previous year, the business posted $0.14 EPS. Estee Lauder Companies’s revenue was up 3.6% 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 forecast that The Estee Lauder Companies Inc. will post 1.36 EPS for the current fiscal year.

Estee Lauder Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, December 15th. Stockholders of record on Friday, November 28th will be issued a dividend of $0.35 per share. The ex-dividend date is Friday, November 28th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.5%. Estee Lauder Companies’s dividend payout ratio is presently -54.26%.

About Estee Lauder Companies

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.