California Public Employees Retirement System Has $29.66 Million Position in The Estee Lauder Companies Inc. $EL

California Public Employees Retirement System lessened its position in shares of The Estee Lauder Companies Inc. (NYSE:EL) by 1.7% in the first quarter, HoldingsChannel.com reports. The fund owned 413,289 shares of the company’s stock after selling 6,992 shares during the period. California Public Employees Retirement System’s holdings in Estee Lauder Companies were worth $29,662,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. REAP Financial Group LLC bought a new position in Estee Lauder Companies in the fourth quarter valued at approximately $27,000. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna bought a new stake in Estee Lauder Companies during the fourth quarter worth $27,000. Flagship Harbor Advisors LLC acquired a new stake in shares of Estee Lauder Companies in the 4th quarter valued at $32,000. N.E.W. Advisory Services LLC boosted its holdings in shares of 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 purchasing an additional 91 shares in the last quarter. Finally, DV Equities LLC bought a new position in shares of Estee Lauder Companies in the 4th quarter valued at $36,000. Institutional investors and hedge funds own 55.15% of the company’s stock.

Estee Lauder Companies Stock Down 1.4%

Shares of EL opened at $82.45 on Wednesday. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.94 and a current ratio of 1.27. The Estee Lauder Companies Inc. has a 52 week low of $66.22 and a 52 week high of $121.64. The stock has a market capitalization of $29.83 billion, a price-to-earnings ratio of -117.79, a PEG ratio of 0.65 and a beta of 1.27. The stock has a fifty day moving average of $83.72 and a 200-day moving average of $90.78.

Estee Lauder Companies (NYSE:EL) last issued its quarterly earnings data on Friday, May 1st. The company reported $0.91 earnings per share for the quarter, topping 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 business had revenue of $3.71 billion for the quarter, compared to analyst estimates of $3.69 billion. During the same quarter in the previous year, the company posted $0.65 EPS. Estee Lauder Companies’s quarterly revenue was up 4.6% compared to the same quarter last year. Estee Lauder Companies has set its FY 2026 guidance at 2.330-2.430 EPS. As a group, sell-side analysts anticipate that The Estee Lauder Companies Inc. will post 2.41 earnings per share for the current fiscal year.

Estee Lauder Companies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 29th were 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 was Friday, May 29th. Estee Lauder Companies’s payout ratio is -200.00%.

Wall Street Analyst Weigh In

Several analysts recently weighed in on EL shares. Sanford C. Bernstein initiated coverage on Estee Lauder Companies in a research report on Friday, June 12th. They set a “market perform” rating and a $82.00 price objective for the company. Canaccord Genuity Group lifted their target price on Estee Lauder Companies from $80.00 to $85.00 and gave the company a “hold” rating in a research report on Monday, May 4th. Citigroup boosted their target price on Estee Lauder Companies from $92.00 to $110.00 and gave the stock a “buy” rating in a research note on Friday, May 22nd. Wall Street Zen cut shares of Estee Lauder Companies from a “buy” rating to a “hold” rating in a report on Saturday, April 4th. Finally, JPMorgan Chase & Co. reduced 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 note on Thursday, July 16th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $98.11.

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.