Bard Financial Services Inc. Trims Holdings in The Estee Lauder Companies Inc. $EL

Bard Financial Services Inc. reduced its holdings in shares of The Estee Lauder Companies Inc. (NYSE:EL) by 44.3% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 20,055 shares of the company’s stock after selling 15,950 shares during the period. Bard Financial Services Inc.’s holdings in Estee Lauder Companies were worth $1,767,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in EL. Norges Bank purchased a new position in shares of Estee Lauder Companies during the second quarter worth about $189,663,000. Schroder Investment Management Group raised its stake in Estee Lauder Companies by 593.3% during the 2nd quarter. Schroder Investment Management Group now owns 2,211,624 shares of the company’s stock valued at $178,699,000 after acquiring an additional 1,892,629 shares during the last quarter. Federated Hermes Inc. lifted its position in Estee Lauder Companies by 556.8% during the 2nd quarter. Federated Hermes Inc. now owns 1,554,088 shares of the company’s stock worth $125,570,000 after acquiring an additional 1,317,473 shares during the period. Robeco Institutional Asset Management B.V. grew its stake in shares of Estee Lauder Companies by 1,600.4% in the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 1,224,695 shares of the company’s stock valued at $98,955,000 after purchasing an additional 1,152,669 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its stake in shares of Estee Lauder Companies by 35.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 4,175,394 shares of the company’s stock valued at $337,372,000 after purchasing an additional 1,086,514 shares during the last quarter. 55.15% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

EL has been the subject of several analyst reports. Wall Street Zen cut Estee Lauder Companies from a “buy” rating to a “hold” rating in a research note on Saturday, November 22nd. JPMorgan Chase & Co. upped their price objective 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. UBS Group lifted their target price 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. Citigroup boosted their price target on shares of Estee Lauder Companies from $105.00 to $110.00 and gave the stock a “neutral” rating in a research note on Wednesday, December 17th. Finally, The Goldman Sachs Group upgraded shares of 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. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Estee Lauder Companies currently has a consensus rating of “Hold” and an average target price of $95.80.

Insider Buying and Selling

In other news, Director Barry S. Sternlicht sold 3,972 shares of the firm’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 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 document filed with the SEC, which is available at this hyperlink. 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. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 13.05% of the company’s stock.

Estee Lauder Companies Stock Up 0.1%

Estee Lauder Companies stock opened at $107.60 on Friday. The Estee Lauder Companies Inc. has a fifty-two week low of $48.37 and a fifty-two week high of $110.37. The firm has a market capitalization of $38.77 billion, a price-to-earnings ratio of -41.70, a price-to-earnings-growth ratio of 1.28 and a beta of 1.18. The stock’s fifty day moving average is $97.86 and its two-hundred day moving average is $91.13. The company has a debt-to-equity ratio of 1.88, a quick ratio of 0.92 and a current ratio of 1.32.

Estee Lauder Companies (NYSE:EL) last released its quarterly earnings results on Thursday, October 30th. The company reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.15 by $0.17. The business 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 business’s revenue was up 3.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.14 EPS. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. Analysts predict that The Estee Lauder Companies Inc. will post 1.36 EPS for the current fiscal year.

Estee Lauder Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Friday, November 28th were given a $0.35 dividend. The ex-dividend date was Friday, November 28th. This represents a $1.40 annualized dividend and a dividend yield of 1.3%. Estee Lauder Companies’s dividend payout ratio is currently -54.26%.

Estee Lauder Companies Profile

Estée Lauder Companies Inc (NYSE: EL) is a global leader in prestige beauty that develops, manufactures and markets a broad portfolio of skincare, makeup, fragrance and hair care products. Founded in 1946 by Estée Lauder, the company has grown from a small family business into a multinational consumer-products enterprise headquartered in New York City. Its activities span product research and development, brand and product marketing, manufacturing and global distribution across multiple retail channels.

The company’s portfolio includes a mix of legacy and prestige brands that target different consumer segments and price points, with well-known names such as Estée Lauder, Clinique, MAC, La Mer and Jo Malone among others.