Banco Santander S.A. Boosts Stake in The Estee Lauder Companies Inc. $EL

Banco Santander S.A. grew its stake in shares of The Estee Lauder Companies Inc. (NYSE:ELFree Report) by 3,798.4% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 192,505 shares of the company’s stock after buying an additional 187,567 shares during the period. Banco Santander S.A. owned 0.05% of Estee Lauder Companies worth $16,964,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in EL. Quent Capital LLC purchased a new stake in Estee Lauder Companies during the 3rd quarter worth about $33,000. Hantz Financial Services Inc. boosted its stake in shares of Estee Lauder Companies by 80.6% during the 3rd quarter. Hantz Financial Services Inc. now owns 372 shares of the company’s stock worth $33,000 after purchasing an additional 166 shares during the last quarter. Asset Dedication LLC grew its holdings in shares of Estee Lauder Companies by 258.7% during the second quarter. Asset Dedication LLC now owns 391 shares of the company’s stock worth $32,000 after buying an additional 282 shares in the last quarter. Golden State Wealth Management LLC lifted its stake in shares of Estee Lauder Companies by 69.5% during the second quarter. Golden State Wealth Management LLC now owns 512 shares of the company’s stock valued at $41,000 after buying an additional 210 shares during the period. Finally, Elevation Point Wealth Partners LLC acquired a new stake in Estee Lauder Companies during the second quarter worth approximately $42,000. 55.15% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

EL has been the subject of several analyst reports. Raymond James Financial upgraded Estee Lauder Companies from a “market perform” rating to a “strong-buy” rating and set a $130.00 price target for the company in a report on Monday, January 5th. Zacks Research cut Estee Lauder Companies from a “strong-buy” rating to a “hold” rating in a report on Monday, February 9th. JPMorgan Chase & Co. dropped their price objective on shares of Estee Lauder Companies from $131.00 to $121.00 and set an “overweight” rating for the company in a research note on Friday, February 6th. UBS Group raised their target price on shares of Estee Lauder Companies from $105.00 to $119.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 14th. Finally, HSBC downgraded shares of Estee Lauder Companies from a “buy” rating to a “hold” rating and set a $106.00 target price for the company. in a report on Tuesday, February 10th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $104.43.

Get Our Latest Research Report on Estee Lauder Companies

Estee Lauder Companies Trading Down 0.9%

Shares of EL stock opened at $111.85 on Friday. The company has a quick ratio of 1.00, a current ratio of 1.36 and a debt-to-equity ratio of 1.82. The Estee Lauder Companies Inc. has a fifty-two week low of $48.37 and a fifty-two week high of $121.64. The firm’s 50 day moving average price is $110.86 and its two-hundred day moving average price is $99.19. The stock has a market cap of $40.46 billion, a price-to-earnings ratio of -223.70, a price-to-earnings-growth ratio of 1.26 and a beta of 1.14.

Estee Lauder Companies (NYSE:ELGet Free Report) last issued its earnings results on Thursday, February 5th. The company reported $0.89 EPS for the quarter, beating analysts’ consensus estimates of $0.84 by $0.05. Estee Lauder Companies had a negative net margin of 1.21% and a positive return on equity of 17.59%. The business had revenue of $4.23 billion for the quarter, compared to the consensus estimate of $4.22 billion. During the same quarter last year, the firm posted $0.62 EPS. The business’s revenue for the quarter was up 5.6% compared to the same quarter last year. Estee Lauder Companies has set its FY 2026 guidance at 2.030-2.230 EPS. On average, analysts anticipate that The Estee Lauder Companies Inc. will post 1.36 EPS for the current year.

Estee Lauder Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Friday, February 27th will be paid a $0.35 dividend. The ex-dividend date is Friday, February 27th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.3%. Estee Lauder Companies’s dividend payout ratio (DPR) is -280.00%.

Estee Lauder Companies Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Estee Lauder Companies (NYSE:EL)

Receive News & Ratings for Estee Lauder Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Estee Lauder Companies and related companies with MarketBeat.com's FREE daily email newsletter.