Ascent Wealth Partners LLC Buys Shares of 49,114 The Estee Lauder Companies Inc. $EL

Ascent Wealth Partners LLC purchased a new position in The Estee Lauder Companies Inc. (NYSE:EL) during the 1st quarter, Holdings Channel reports. The institutional investor purchased 49,114 shares of the company’s stock, valued at approximately $3,525,000.

Other large investors have also made changes to their positions in the company. Covenant Asset Management LLC acquired a new stake in Estee Lauder Companies in the fourth quarter worth about $3,634,000. Aberdeen Group plc grew its stake in shares of Estee Lauder Companies by 13.4% during the fourth quarter. Aberdeen Group plc now owns 201,255 shares of the company’s stock worth $21,075,000 after acquiring an additional 23,717 shares during the last quarter. Eurizon Capital SGR S.p.A. acquired a new position in shares of Estee Lauder Companies during the fourth quarter valued at about $14,619,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new position in shares of Estee Lauder Companies in the 4th quarter valued at approximately $19,438,000. Finally, WT Asset Management Ltd raised its position in shares of Estee Lauder Companies by 60.6% in the 4th 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 owned by institutional investors and hedge funds.

Analyst Ratings Changes

EL has been the subject of a number of recent analyst reports. The Goldman Sachs Group started coverage on shares of Estee Lauder Companies in a research note on Monday, June 22nd. They issued a “buy” rating and a $100.00 target price for the company. Canaccord Genuity Group lifted their price objective on shares of Estee Lauder Companies from $80.00 to $85.00 and gave the stock a “hold” rating in a research note on Monday, May 4th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Estee Lauder Companies from $124.00 to $108.00 and set a “buy” rating for the company in a research note on Monday, March 30th. Sanford C. Bernstein began coverage on Estee Lauder Companies in a research report on Friday, June 12th. They issued a “market perform” rating and a $82.00 target price on the stock. Finally, Telsey Advisory Group reduced their target price on Estee Lauder Companies from $105.00 to $90.00 and set a “market perform” rating for the company in a research note 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 issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $99.16.

Estee Lauder Companies Stock Performance

EL opened at $82.32 on Friday. The Estee Lauder Companies Inc. has a 12-month low of $66.22 and a 12-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 firm has a market capitalization of $29.78 billion, a PE ratio of -117.60, a P/E/G ratio of 0.64 and a beta of 1.27. The firm has a 50 day moving average of $83.75 and a two-hundred day moving average of $91.20.

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 business had revenue of $3.71 billion during the quarter, compared to analysts’ expectations of $3.69 billion. Estee Lauder Companies had a negative net margin of 1.67% and a positive return on equity of 20.66%. The business’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same period in the previous year, the business posted $0.65 EPS. Estee Lauder Companies has set its FY 2026 guidance at 2.330-2.430 EPS. On average, analysts anticipate that The Estee Lauder Companies Inc. will post 2.41 EPS for the current year.

Estee Lauder Companies Dividend Announcement

The firm also recently announced 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 dividend on an annualized basis and a yield of 1.7%. Estee Lauder Companies’s payout ratio is currently -200.00%.

Estee Lauder Companies Company 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.