Federated Hermes Inc. Purchases 1,317,473 Shares of The Estee Lauder Companies Inc. $EL

Federated Hermes Inc. raised its position in The Estee Lauder Companies Inc. (NYSE:EL) by 556.8% in the second quarter, HoldingsChannel.com reports. The fund owned 1,554,088 shares of the company’s stock after purchasing an additional 1,317,473 shares during the quarter. Federated Hermes Inc.’s holdings in Estee Lauder Companies were worth $125,570,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. TD Private Client Wealth LLC raised its holdings in shares of Estee Lauder Companies by 246.4% in the 2nd quarter. TD Private Client Wealth LLC now owns 478 shares of the company’s stock valued at $39,000 after purchasing an additional 340 shares during the period. Golden State Wealth Management LLC lifted its stake in Estee Lauder Companies by 69.5% in the 2nd quarter. Golden State Wealth Management LLC now owns 512 shares of the company’s stock valued at $41,000 after purchasing an additional 210 shares during the last quarter. Elevation Point Wealth Partners LLC bought a new position in Estee Lauder Companies during the second quarter worth about $42,000. Ameritas Advisory Services LLC acquired a new position in Estee Lauder Companies during the second quarter worth approximately $44,000. Finally, Smartleaf Asset Management LLC raised its stake in Estee Lauder Companies by 64.5% in the first quarter. Smartleaf Asset Management LLC now owns 788 shares of the company’s stock valued at $52,000 after buying an additional 309 shares during the period. 55.15% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on EL. JPMorgan Chase & Co. raised their price objective on Estee Lauder Companies from $114.00 to $116.00 and gave the company an “overweight” rating in a research report on Friday, October 31st. Wall Street Zen cut Estee Lauder Companies from a “buy” rating to a “hold” rating in a research note on Saturday, November 22nd. The Goldman Sachs Group raised Estee Lauder Companies from a “neutral” rating to a “buy” rating and raised their price target for the company from $76.00 to $115.00 in a report on Monday, October 13th. UBS Group upped their price objective on shares of Estee Lauder Companies from $93.00 to $105.00 and gave the company a “neutral” rating in a report on Friday, October 31st. Finally, Royal Bank Of Canada increased their price objective on shares of Estee Lauder Companies from $107.00 to $113.00 and gave the company an “outperform” rating in a research report on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $94.43.

Estee Lauder Companies Stock Performance

Shares of NYSE EL opened at $105.14 on Monday. The company has a debt-to-equity ratio of 1.88, a current ratio of 1.32 and a quick ratio of 0.92. The firm has a market cap of $37.89 billion, a price-to-earnings ratio of -40.75, a P/E/G ratio of 1.35 and a beta of 1.18. The stock’s fifty day moving average price is $93.67 and its two-hundred day moving average price is $87.21. The Estee Lauder Companies Inc. has a one year low of $48.37 and a one year high of $105.77.

Estee Lauder Companies (NYSE:EL) last posted its earnings results on Thursday, October 30th. The company reported $0.32 earnings per share for the quarter, topping analysts’ consensus estimates of $0.15 by $0.17. The company had revenue of $3.48 billion during the quarter, compared to the consensus estimate of $3.38 billion. Estee Lauder Companies had a positive return on equity of 14.92% and a negative net margin of 6.44%.The company’s revenue was up 3.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.14 earnings per share. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. On average, equities analysts forecast that The Estee Lauder Companies Inc. will post 1.36 EPS for the current year.

Estee Lauder Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 15th. Shareholders of record on Friday, November 28th will be issued a $0.35 dividend. The ex-dividend date of this dividend is Friday, November 28th. This represents a $1.40 dividend on an annualized basis and a yield of 1.3%. Estee Lauder Companies’s payout ratio is currently -54.26%.

Insider Buying and Selling

In other Estee Lauder Companies news, VP Meridith Webster sold 5,430 shares of the stock in a transaction that occurred on Tuesday, November 18th. The shares were sold at an average price of $87.84, for a total transaction of $476,971.20. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Barry S. Sternlicht sold 3,972 shares of Estee Lauder Companies stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $91.83, for a total transaction of $364,748.76. Following the completion of the sale, the director owned 34,812 shares of the company’s stock, valued at approximately $3,196,785.96. The trade was a 10.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 13.05% of the company’s stock.

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.