Amundi Buys 320,987 Shares of The Estee Lauder Companies Inc. $EL

Amundi grew its stake in shares of The Estee Lauder Companies Inc. (NYSE:EL) by 25.1% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,598,915 shares of the company’s stock after purchasing an additional 320,987 shares during the quarter. Amundi’s holdings in Estee Lauder Companies were worth $141,632,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in EL. True Vision MN LLC purchased a new stake in shares of Estee Lauder Companies during the second quarter worth about $552,000. Clarius Group LLC purchased a new position in Estee Lauder Companies during the 2nd quarter valued at about $227,000. Union Bancaire Privee UBP SA bought a new position in Estee Lauder Companies during the 2nd quarter valued at approximately $3,006,000. Drive Wealth Management LLC purchased a new stake in Estee Lauder Companies in the 2nd quarter worth approximately $337,000. Finally, Concurrent Investment Advisors LLC purchased a new stake in Estee Lauder Companies in the 2nd quarter worth approximately $331,000. 55.15% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on EL. Deutsche Bank Aktiengesellschaft upped their target price on Estee Lauder Companies from $98.00 to $100.00 and gave the company a “buy” rating in a report on Thursday, August 21st. Wall Street Zen downgraded shares of Estee Lauder Companies from a “buy” rating to a “hold” rating in a research report on Saturday, November 22nd. Rothschild & Co Redburn lowered shares of Estee Lauder Companies from a “neutral” rating to a “sell” rating and decreased their price objective for the stock from $83.00 to $70.00 in a report on Tuesday, November 25th. Argus raised shares of Estee Lauder Companies from a “hold” rating to a “buy” rating and set a $105.00 target price on the stock in a research note on Tuesday, November 11th. Finally, Telsey Advisory Group boosted their price target on shares of Estee Lauder Companies from $99.00 to $105.00 and gave the company a “market perform” rating in a research report on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $94.43.

Estee Lauder Companies Stock Up 1.3%

Shares of Estee Lauder Companies stock opened at $105.14 on Monday. The Estee Lauder Companies Inc. has a 1 year low of $48.37 and a 1 year high of $105.77. The firm has a market cap of $37.89 billion, a price-to-earnings ratio of -40.75, a PEG ratio of 1.35 and a beta of 1.18. The company has a 50-day moving average of $93.67 and a 200 day moving average of $87.21. The company has a debt-to-equity ratio of 1.88, a current ratio of 1.32 and a quick ratio of 0.92.

Estee Lauder Companies (NYSE:EL) last announced its quarterly earnings data on Thursday, October 30th. The company reported $0.32 earnings per share for the quarter, topping analysts’ consensus estimates of $0.15 by $0.17. Estee Lauder Companies had a negative net margin of 6.44% and a positive return on equity of 14.92%. The business had revenue of $3.48 billion for the quarter, compared to analysts’ expectations of $3.38 billion. During the same quarter in the prior year, the company earned $0.14 earnings per share. The business’s revenue was up 3.6% compared to the same quarter last year. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. As a group, sell-side analysts anticipate that The Estee Lauder Companies Inc. will post 1.36 earnings per share for the current fiscal year.

Estee Lauder Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 15th. Investors of record on Friday, November 28th will be given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Friday, November 28th. Estee Lauder Companies’s dividend payout ratio (DPR) is -54.26%.

Insiders Place Their Bets

In other news, Director Barry S. Sternlicht sold 3,972 shares of the firm’s stock in a transaction on Tuesday, November 11th. The stock was 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 in the company, valued at $3,196,785.96. This trade represents a 10.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Meridith Webster sold 5,430 shares of Estee Lauder Companies stock in a transaction dated Tuesday, November 18th. The stock was sold at an average price of $87.84, for a total value of $476,971.20. The SEC filing for this sale provides additional information. 13.05% of the stock is currently owned by insiders.

About Estee Lauder Companies

The Estée Lauder Companies Inc manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. It offers skin care products, including moisturizers, serums, cleansers, toners, body care, exfoliators, acne care and oil correctors, facial masks, and sun care products; and makeup products, such as lipsticks, lip glosses, mascaras, foundations, eyeshadows, and powders, as well as compacts, brushes, and other makeup tools.