CW Advisors LLC purchased a new stake in The Estee Lauder Companies Inc. (NYSE:EL – Free Report) during the 2nd quarter, Holdings Channel reports. The fund purchased 6,833 shares of the company’s stock, valued at approximately $552,000.
A number of other hedge funds have also modified their holdings of the business. True Vision MN LLC acquired a new position in shares of Estee Lauder Companies in the 2nd quarter valued at $552,000. Clarius Group LLC purchased a new position in shares of Estee Lauder Companies in the 2nd quarter worth $227,000. Union Bancaire Privee UBP SA purchased a new position in shares of Estee Lauder Companies in the 2nd quarter worth $3,006,000. Drive Wealth Management LLC acquired a new position in Estee Lauder Companies in the second quarter valued at $337,000. Finally, Concurrent Investment Advisors LLC purchased a new stake in Estee Lauder Companies during the second quarter valued at about $331,000. 55.15% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
EL has been the topic of a number of research reports. Telsey Advisory Group raised their price objective on Estee Lauder Companies from $99.00 to $105.00 and gave the stock a “market perform” rating in a report on Friday, October 31st. Rothschild & Co Redburn lowered shares of Estee Lauder Companies from a “neutral” rating to a “sell” rating and cut their price target for the company from $83.00 to $70.00 in a report on Tuesday, November 25th. Citigroup lifted their price target on shares of Estee Lauder Companies from $95.00 to $105.00 and gave the company a “neutral” rating in a research report on Friday, October 31st. Canaccord Genuity Group increased their price objective on shares of Estee Lauder Companies from $85.00 to $100.00 and gave the stock a “hold” rating in a research report on Monday, October 27th. Finally, Royal Bank Of Canada raised their target price on shares of Estee Lauder Companies from $107.00 to $113.00 and gave the company an “outperform” rating in a research note 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 stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $94.43.
Insider Buying and Selling
In other Estee Lauder Companies news, Director Barry S. Sternlicht sold 3,972 shares of the firm’s stock in a transaction 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 transaction, the director directly owned 34,812 shares of the company’s stock, valued at $3,196,785.96. This trade represents 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 dated Tuesday, November 18th. The shares were sold at an average price of $87.84, for a total transaction of $476,971.20. The disclosure for this sale is available in the SEC filing. 13.05% of the stock is currently owned by company insiders.
Estee Lauder Companies Stock Performance
NYSE:EL opened at $102.78 on Wednesday. The firm has a 50-day moving average of $94.24 and a two-hundred day moving average of $87.75. 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 stock has a market cap of $37.04 billion, a P/E ratio of -39.84, a PEG ratio of 1.32 and a beta of 1.18. The Estee Lauder Companies Inc. has a 1-year low of $48.37 and a 1-year high of $105.78.
Estee Lauder Companies (NYSE:EL – Get Free Report) last released its quarterly earnings results on Thursday, October 30th. The company reported $0.32 EPS for the quarter, topping the consensus estimate of $0.15 by $0.17. Estee Lauder Companies had a positive return on equity of 14.92% and a negative net margin of 6.44%.The business 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 firm posted $0.14 earnings per share. The company’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. On average, research analysts expect that The Estee Lauder Companies Inc. will post 1.36 earnings per share for the current fiscal year.
Estee Lauder Companies Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Monday, December 15th. Stockholders of record on Friday, November 28th will be given a dividend of $0.35 per share. The ex-dividend date of this dividend is Friday, November 28th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.4%. Estee Lauder Companies’s dividend payout ratio (DPR) 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.
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