The Estee Lauder Companies Inc. $EL Shares Sold by Alberta Investment Management Corp

Alberta Investment Management Corp trimmed its holdings in The Estee Lauder Companies Inc. (NYSE:EL) by 3.2% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 608,000 shares of the company’s stock after selling 20,000 shares during the quarter. Alberta Investment Management Corp’s holdings in Estee Lauder Companies were worth $63,670,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in EL. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Estee Lauder Companies by 4.8% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,898 shares of the company’s stock worth $1,709,000 after buying an additional 1,177 shares during the last quarter. NewEdge Advisors LLC increased its holdings in shares of Estee Lauder Companies by 33.4% in the first quarter. NewEdge Advisors LLC now owns 6,992 shares of the company’s stock valued at $462,000 after purchasing an additional 1,749 shares during the period. Empowered Funds LLC increased its holdings in shares of Estee Lauder Companies by 24.1% in the first quarter. Empowered Funds LLC now owns 4,619 shares of the company’s stock valued at $305,000 after purchasing an additional 898 shares during the period. EverSource Wealth Advisors LLC raised its stake in shares of Estee Lauder Companies by 23.2% during the second quarter. EverSource Wealth Advisors LLC now owns 997 shares of the company’s stock worth $81,000 after purchasing an additional 188 shares during the last quarter. Finally, First Trust Advisors LP raised its stake in shares of Estee Lauder Companies by 55.5% during the second quarter. First Trust Advisors LP now owns 13,522 shares of the company’s stock worth $1,093,000 after purchasing an additional 4,826 shares during the last quarter. Institutional investors and hedge funds own 55.15% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on EL shares. Wells Fargo & Company boosted their price objective on shares of Estee Lauder Companies from $75.00 to $85.00 and gave the company an “equal weight” rating in a research note on Monday, May 4th. Barclays raised their target price on shares of Estee Lauder Companies from $72.00 to $75.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 5th. Piper Sandler started coverage on shares of Estee Lauder Companies in a report on Friday, May 15th. They issued an “overweight” rating and a $95.00 target price on the stock. Zacks Research upgraded shares of Estee Lauder Companies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 12th. Finally, Citigroup boosted their price target on shares of Estee Lauder Companies from $92.00 to $110.00 and gave the stock a “buy” rating in a research note on Friday, May 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Estee Lauder Companies currently has an average rating of “Moderate Buy” and a consensus price target of $100.65.

Estee Lauder Companies Price Performance

Shares of NYSE:EL opened at $84.89 on Friday. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.94 and a current ratio of 1.27. The business’s fifty day moving average price is $81.67 and its two-hundred day moving average price is $94.39. The stock has a market cap of $30.71 billion, a PE ratio of -121.27, a price-to-earnings-growth ratio of 0.85 and a beta of 1.26. The Estee Lauder Companies Inc. has a one year low of $66.22 and a one year high of $121.64.

Estee Lauder Companies (NYSE:EL) last posted its quarterly earnings data on Friday, May 1st. The company reported $0.91 EPS for the quarter, beating analysts’ consensus estimates of $0.66 by $0.25. The business had revenue of $3.71 billion for the quarter, compared to analyst estimates of $3.69 billion. Estee Lauder Companies had a positive return on equity of 20.66% and a negative net margin of 1.67%.The business’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.65 earnings per share. Estee Lauder Companies has set its FY 2026 guidance at 2.330-2.430 EPS. On average, analysts forecast that The Estee Lauder Companies Inc. will post 2.41 EPS for the current fiscal year.

Estee Lauder Companies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 29th were issued a dividend of $0.35 per share. The ex-dividend date was Friday, May 29th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.6%. Estee Lauder Companies’s payout ratio is -200.00%.

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.