Sterling Capital Management LLC Trims Stock Holdings in The Estee Lauder Companies Inc. $EL

Sterling Capital Management LLC reduced its stake in The Estee Lauder Companies Inc. (NYSE:EL) by 43.1% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 8,263 shares of the company’s stock after selling 6,265 shares during the quarter. Sterling Capital Management LLC’s holdings in Estee Lauder Companies were worth $593,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Schroder Investment Management Group raised its stake in shares of Estee Lauder Companies by 185.3% in the fourth quarter. Schroder Investment Management Group now owns 8,140,550 shares of the company’s stock valued at $861,596,000 after acquiring an additional 5,286,875 shares in the last quarter. J. Stern & Co. LLP lifted its stake in Estee Lauder Companies by 4,281.3% during the fourth quarter. J. Stern & Co. LLP now owns 4,094,761 shares of the company’s stock worth $4,094,761,000 after purchasing an additional 4,001,300 shares during the last quarter. Norges Bank purchased a new stake in shares of Estee Lauder Companies during the 4th quarter worth approximately $308,912,000. M&T Bank Corp boosted its stake in Estee Lauder Companies by 16,270.3% in the fourth quarter. M&T Bank Corp now owns 2,667,208 shares of the company’s stock valued at $279,310,000 after acquiring an additional 2,650,915 shares in the last quarter. Finally, Wellington Management Group LLP boosted its position in shares of Estee Lauder Companies by 3,986.4% in the 3rd quarter. Wellington Management Group LLP now owns 2,082,217 shares of the company’s stock valued at $183,485,000 after purchasing an additional 2,031,262 shares during the period. Institutional investors and hedge funds own 55.15% of the company’s stock.

Estee Lauder Companies Price Performance

Shares of Estee Lauder Companies stock opened at $83.84 on Friday. The stock has a market capitalization of $30.33 billion, a P/E ratio of -119.77, a PEG ratio of 0.64 and a beta of 1.27. The Estee Lauder Companies Inc. has a twelve month low of $66.22 and a twelve month high of $121.64. 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 business’s fifty day moving average price is $83.14 and its 200 day moving average price is $92.95.

Estee Lauder Companies (NYSE:EL) last posted its earnings results on Friday, May 1st. The company reported $0.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.66 by $0.25. Estee Lauder Companies had a negative net margin of 1.67% and a positive return on equity of 20.66%. 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 company’s revenue 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, research analysts anticipate that The Estee Lauder Companies Inc. will post 2.41 earnings per share for the current year.

Estee Lauder Companies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 29th were given a $0.35 dividend. The ex-dividend date of this dividend was Friday, May 29th. This represents a $1.40 annualized dividend and a dividend yield of 1.7%. Estee Lauder Companies’s dividend payout ratio is presently -200.00%.

Analyst Ratings Changes

A number of brokerages recently weighed in on EL. UBS Group increased their price target on shares of Estee Lauder Companies from $75.00 to $85.00 and gave the stock a “neutral” rating in a research note on Monday, May 4th. Wells Fargo & Company raised their price target on Estee Lauder Companies from $75.00 to $85.00 and gave the company an “equal weight” rating in a report on Monday, May 4th. JPMorgan Chase & Co. boosted their price objective on shares of Estee Lauder Companies from $98.00 to $99.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. Deutsche Bank Aktiengesellschaft decreased their target price on Estee Lauder Companies from $124.00 to $108.00 and set a “buy” rating on the stock in a research report on Monday, March 30th. Finally, Sanford C. Bernstein assumed coverage on shares of Estee Lauder Companies in a report on Friday, June 12th. They issued a “market perform” rating and a $82.00 price target on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Estee Lauder Companies presently has an average rating of “Moderate Buy” and a consensus price target of $99.90.

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.