Bank of New York Mellon Corp Has $785.11 Million Stock Holdings in The Estee Lauder Companies Inc. $EL

Bank of New York Mellon Corp raised its stake in The Estee Lauder Companies Inc. (NYSE:EL) by 22.7% during the 4th quarter, Holdings Channel reports. The institutional investor owned 7,497,179 shares of the company’s stock after purchasing an additional 1,384,678 shares during the quarter. Bank of New York Mellon Corp’s holdings in Estee Lauder Companies were worth $785,105,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the stock. Prime Capital Investment Advisors LLC increased its stake in Estee Lauder Companies by 3.2% in the 4th quarter. Prime Capital Investment Advisors LLC now owns 2,823 shares of the company’s stock valued at $296,000 after buying an additional 88 shares during the period. N.E.W. Advisory Services LLC increased its stake in Estee Lauder Companies by 39.1% in the 4th quarter. N.E.W. Advisory Services LLC now owns 324 shares of the company’s stock valued at $34,000 after buying an additional 91 shares during the period. New Mexico Educational Retirement Board increased its stake in Estee Lauder Companies by 0.9% in the 4th quarter. New Mexico Educational Retirement Board now owns 10,724 shares of the company’s stock valued at $1,123,000 after buying an additional 100 shares during the period. Greenleaf Trust increased its stake in Estee Lauder Companies by 3.2% in the 4th quarter. Greenleaf Trust now owns 3,579 shares of the company’s stock valued at $375,000 after buying an additional 110 shares during the period. Finally, Allworth Financial LP grew its position in Estee Lauder Companies by 6.6% in the fourth quarter. Allworth Financial LP now owns 1,789 shares of the company’s stock worth $187,000 after acquiring an additional 110 shares in the last quarter. Institutional investors and hedge funds own 55.15% of the company’s stock.

Estee Lauder Companies Price Performance

NYSE EL opened at $82.05 on Thursday. 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 company has a fifty day simple moving average of $78.12 and a 200 day simple moving average of $94.71. The company has a market cap of $29.69 billion, a P/E ratio of -117.22, a P/E/G ratio of 0.86 and a beta of 1.26. The Estee Lauder Companies Inc. has a 1 year low of $66.22 and a 1 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 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.25. The business had revenue of $3.71 billion during the quarter, compared to the consensus estimate 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 quarterly revenue was up 4.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.65 EPS. Estee Lauder Companies has set its FY 2026 guidance at 2.330-2.430 EPS. On average, sell-side analysts predict that The Estee Lauder Companies Inc. will post 2.41 EPS for the current year.

Estee Lauder Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be issued a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend is Friday, May 29th. Estee Lauder Companies’s dividend payout ratio is currently -200.00%.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. Barclays boosted 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 report on Tuesday, May 5th. Zacks Research raised shares of Estee Lauder Companies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 12th. Weiss Ratings downgraded shares of Estee Lauder Companies from a “sell (d+)” rating to a “sell (d)” rating in a research report on Monday, May 4th. UBS Group boosted their target price on shares of Estee Lauder Companies from $75.00 to $85.00 and gave the stock a “neutral” rating in a research report on Monday, May 4th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Estee Lauder Companies from $98.00 to $99.00 and gave the stock an “overweight” rating in a research report on Monday, May 4th. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, Estee Lauder Companies currently has a consensus rating of “Moderate Buy” and a consensus price target of $101.63.

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.