Strs Ohio Sells 9,009 Shares of The Estee Lauder Companies Inc. $EL

Strs Ohio lessened its holdings in The Estee Lauder Companies Inc. (NYSE:EL) by 4.7% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 181,861 shares of the company’s stock after selling 9,009 shares during the period. Strs Ohio owned about 0.05% of Estee Lauder Companies worth $13,052,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of EL. Covenant Asset Management LLC bought a new position in shares of Estee Lauder Companies in the 4th quarter worth $3,634,000. Aberdeen Group plc boosted its position in Estee Lauder Companies by 13.4% during the fourth quarter. Aberdeen Group plc now owns 201,255 shares of the company’s stock valued at $21,075,000 after purchasing an additional 23,717 shares in the last quarter. Eurizon Capital SGR S.p.A. purchased a new position in Estee Lauder Companies in the fourth quarter valued at about $14,619,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new position in Estee Lauder Companies in the fourth quarter valued at about $19,438,000. Finally, WT Asset Management Ltd grew its stake in Estee Lauder Companies by 60.6% in the fourth quarter. WT Asset Management Ltd now owns 53,000 shares of the company’s stock valued at $5,550,000 after purchasing an additional 20,000 shares during the last quarter. 55.15% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have commented on EL. JPMorgan Chase & Co. increased their price target on shares of Estee Lauder Companies from $98.00 to $99.00 and gave the company an “overweight” rating in a research report on Monday, May 4th. Barclays lifted their price objective on shares of Estee Lauder Companies from $72.00 to $75.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 5th. Sanford C. Bernstein started coverage on shares of Estee Lauder Companies in a research note on Friday, June 12th. They set a “market perform” rating and a $82.00 price objective for the company. Weiss Ratings downgraded shares of Estee Lauder Companies from a “sell (d+)” rating to a “sell (d)” rating in a research note on Monday, May 4th. Finally, Zacks Research raised shares of Estee Lauder Companies from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 12th. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, nine have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $99.90.

Estee Lauder Companies Price Performance

Shares of EL stock opened at $83.84 on Friday. The Estee Lauder Companies Inc. has a fifty-two week low of $66.22 and a fifty-two week high of $121.64. The firm has a market capitalization of $30.33 billion, a price-to-earnings ratio of -119.77, a PEG ratio of 0.65 and a beta of 1.27. 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 stock’s 50-day simple moving average is $83.28 and its 200-day simple moving average is $92.88.

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

Estee Lauder Companies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, May 29th were issued a $0.35 dividend. The ex-dividend date of this dividend was Friday, May 29th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.7%. Estee Lauder Companies’s dividend payout ratio (DPR) is currently -200.00%.

About Estee Lauder Companies

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.