Andra AP fonden Has $15.63 Million Holdings in The Estee Lauder Companies Inc. $EL

Andra AP fonden boosted its holdings in The Estee Lauder Companies Inc. (NYSE:EL) by 418.4% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 217,730 shares of the company’s stock after acquiring an additional 175,730 shares during the quarter. Andra AP fonden’s holdings in Estee Lauder Companies were worth $15,626,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in Estee Lauder Companies by 3.9% during the 4th quarter. Vanguard Group Inc. now owns 27,952,869 shares of the company’s stock worth $2,927,224,000 after purchasing an additional 1,043,746 shares in the last quarter. State Street Corp lifted its holdings in shares of Estee Lauder Companies by 4.2% in the fourth quarter. State Street Corp now owns 11,585,782 shares of the company’s stock valued at $1,213,263,000 after purchasing an additional 467,195 shares in the last quarter. Schroder Investment Management Group boosted its position in shares of Estee Lauder Companies by 185.3% during the fourth quarter. Schroder Investment Management Group now owns 8,140,550 shares of the company’s stock valued at $861,596,000 after buying an additional 5,286,875 shares during the last quarter. Independent Franchise Partners LLP boosted its position in shares of Estee Lauder Companies by 1.1% during the fourth quarter. Independent Franchise Partners LLP now owns 7,837,249 shares of the company’s stock valued at $820,717,000 after buying an additional 83,857 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in Estee Lauder Companies by 22.7% during the fourth quarter. Bank of New York Mellon Corp now owns 7,497,179 shares of the company’s stock worth $785,105,000 after buying an additional 1,384,678 shares in 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 research analysts recently commented on EL shares. Piper Sandler began coverage on Estee Lauder Companies in a research report on Friday, May 15th. They issued an “overweight” rating and a $95.00 price target for the company. Barclays upped their target price on shares of Estee Lauder Companies from $75.00 to $80.00 and gave the stock an “equal weight” rating in a research note on Tuesday. TD Cowen increased their target price on shares of Estee Lauder Companies from $85.00 to $90.00 and gave the company a “hold” rating in a report on Tuesday. JPMorgan Chase & Co. dropped their price target on shares of Estee Lauder Companies from $99.00 to $94.00 and set an “overweight” rating on the stock in a research report on Thursday, July 16th. Finally, Telsey Advisory Group cut their price target on shares of Estee Lauder Companies from $105.00 to $90.00 and set a “market perform” rating on the stock in a report on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $98.11.

Estee Lauder Companies Stock Performance

Shares of Estee Lauder Companies stock opened at $82.45 on Wednesday. The business’s fifty day simple moving average is $83.72 and its 200 day simple moving average is $90.78. The company has a current ratio of 1.27, a quick ratio of 0.94 and a debt-to-equity ratio of 1.71. The Estee Lauder Companies Inc. has a 12 month low of $66.22 and a 12 month high of $121.64. The firm has a market capitalization of $29.83 billion, a P/E ratio of -117.79, a price-to-earnings-growth ratio of 0.65 and a beta of 1.27.

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

Estee Lauder Companies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 29th were given a dividend of $0.35 per share. The ex-dividend date was Friday, May 29th. This represents a $1.40 annualized dividend and a yield of 1.7%. Estee Lauder Companies’s dividend payout ratio is presently -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.