The Estee Lauder Companies Inc. $EL Shares Acquired by Mackenzie Financial Corp

Mackenzie Financial Corp increased its position in shares of The Estee Lauder Companies Inc. (NYSE:EL) by 78.0% in the 2nd quarter, HoldingsChannel reports. The firm owned 40,320 shares of the company’s stock after purchasing an additional 17,670 shares during the period. Mackenzie Financial Corp’s holdings in Estee Lauder Companies were worth $3,258,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. TD Private Client Wealth LLC lifted its holdings in shares of Estee Lauder Companies by 246.4% in the 2nd quarter. TD Private Client Wealth LLC now owns 478 shares of the company’s stock valued at $39,000 after buying an additional 340 shares during the period. Golden State Wealth Management LLC grew its holdings in Estee Lauder Companies by 69.5% during the second quarter. Golden State Wealth Management LLC now owns 512 shares of the company’s stock worth $41,000 after acquiring an additional 210 shares during the period. Elevation Point Wealth Partners LLC purchased a new position in Estee Lauder Companies in the second quarter worth $42,000. Ameritas Advisory Services LLC purchased a new stake in shares of Estee Lauder Companies during the 2nd quarter worth $44,000. Finally, Trust Co. of Toledo NA OH purchased a new position in shares of Estee Lauder Companies in the 2nd quarter valued at about $63,000. Hedge funds and other institutional investors own 55.15% of the company’s stock.

Estee Lauder Companies Price Performance

EL stock opened at $103.90 on Friday. The stock’s 50 day moving average price is $93.30 and its 200 day moving average price is $86.62. The firm has a market cap of $37.44 billion, a P/E ratio of -40.27, a PEG ratio of 1.31 and a beta of 1.18. The company has a debt-to-equity ratio of 1.88, a quick ratio of 0.92 and a current ratio of 1.32. The Estee Lauder Companies Inc. has a 1 year low of $48.37 and a 1 year high of $104.53.

Estee Lauder Companies (NYSE:EL) last released its quarterly earnings results on Thursday, October 30th. The company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.17. Estee Lauder Companies had a positive return on equity of 14.92% and a negative net margin of 6.44%.The company had revenue of $3.48 billion during the quarter, compared to the consensus estimate of $3.38 billion. During the same quarter last year, the business posted $0.14 earnings per share. Estee Lauder Companies’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. On average, sell-side analysts expect that The Estee Lauder Companies Inc. will post 1.36 earnings per share for the current fiscal year.

Estee Lauder Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Investors of record on Friday, November 28th will be paid a $0.35 dividend. The ex-dividend date of this dividend is Friday, November 28th. This represents a $1.40 annualized dividend and a yield of 1.3%. Estee Lauder Companies’s payout ratio is presently -54.26%.

Wall Street Analysts Forecast Growth

EL has been the topic of a number of research analyst reports. UBS Group boosted their price objective on shares of Estee Lauder Companies from $93.00 to $105.00 and gave the stock a “neutral” rating in a report on Friday, October 31st. Argus raised Estee Lauder Companies from a “hold” rating to a “buy” rating and set a $105.00 price target on the stock in a research note on Tuesday, November 11th. Citigroup upped their price target on Estee Lauder Companies from $95.00 to $105.00 and gave the stock a “neutral” rating in a report on Friday, October 31st. The Goldman Sachs Group raised Estee Lauder Companies from a “neutral” rating to a “buy” rating and raised their price objective for the company from $76.00 to $115.00 in a research note on Monday, October 13th. Finally, Canaccord Genuity Group boosted their target price on Estee Lauder Companies from $85.00 to $100.00 and gave the stock a “hold” rating in a research report on Monday, October 27th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, ten have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $94.43.

Insider Transactions at Estee Lauder Companies

In other Estee Lauder Companies news, Director Barry S. Sternlicht sold 3,972 shares of the firm’s stock in a transaction dated Tuesday, November 11th. The shares were sold at an average price of $91.83, for a total transaction of $364,748.76. Following the sale, the director directly owned 34,812 shares of the company’s stock, valued at $3,196,785.96. This trade represents a 10.24% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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 transaction of $476,971.20. The disclosure for this sale is available in the SEC filing. 13.05% of the stock is currently owned by corporate insiders.

Estee Lauder Companies Profile

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.