Pictet Asset Management Holding SA Has $88.96 Million Holdings in The Estee Lauder Companies Inc. $EL

Pictet Asset Management Holding SA boosted its stake in shares of The Estee Lauder Companies Inc. (NYSE:EL) by 505.7% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 849,399 shares of the company’s stock after purchasing an additional 709,154 shares during the period. Pictet Asset Management Holding SA’s holdings in Estee Lauder Companies were worth $88,955,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in EL. Flagship Harbor Advisors LLC acquired a new position in Estee Lauder Companies in the 4th quarter valued at approximately $32,000. Quent Capital LLC acquired a new position in Estee Lauder Companies in the 3rd quarter valued at approximately $33,000. Hantz Financial Services Inc. increased its stake in Estee Lauder Companies by 80.6% in the 3rd quarter. Hantz Financial Services Inc. now owns 372 shares of the company’s stock valued at $33,000 after buying an additional 166 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. Finally, Kelleher Financial Advisors acquired a new position in Estee Lauder Companies in the 3rd quarter valued at approximately $39,000. Institutional investors and hedge funds own 55.15% of the company’s stock.

Estee Lauder Companies Stock Performance

EL stock opened at $77.10 on Wednesday. The company has a quick ratio of 1.00, a current ratio of 1.36 and a debt-to-equity ratio of 1.82. The company has a market capitalization of $27.89 billion, a price-to-earnings ratio of -154.20, a P/E/G ratio of 0.90 and a beta of 1.26. The Estee Lauder Companies Inc. has a 12 month low of $56.66 and a 12 month high of $121.64. The firm has a 50 day moving average of $85.11 and a two-hundred day moving average of $96.72.

Estee Lauder Companies (NYSE:EL) last posted its earnings results on Thursday, February 5th. The company reported $0.89 EPS for the quarter, topping the consensus estimate of $0.84 by $0.05. The company had revenue of $4.23 billion during the quarter, compared to the consensus estimate of $4.22 billion. Estee Lauder Companies had a negative net margin of 1.21% and a positive return on equity of 17.59%. The company’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.62 earnings per share. Estee Lauder Companies has set its FY 2026 guidance at 2.030-2.230 EPS. As a group, equities analysts anticipate that The Estee Lauder Companies Inc. will post 2.22 EPS for the current fiscal year.

Estee Lauder Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Friday, February 27th were issued a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend was Friday, February 27th. Estee Lauder Companies’s dividend payout ratio is currently -280.00%.

Analyst Upgrades and Downgrades

Several research firms have weighed in on EL. UBS Group dropped their price objective on shares of Estee Lauder Companies from $107.00 to $75.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 7th. Raymond James Financial upgraded shares of Estee Lauder Companies from a “market perform” rating to a “strong-buy” rating and set a $130.00 price objective on the stock in a research note on Monday, January 5th. HSBC lowered shares of Estee Lauder Companies from a “buy” rating to a “hold” rating and set a $106.00 price objective on the stock. in a research note on Tuesday, February 10th. Jefferies Financial Group initiated coverage on shares of Estee Lauder Companies in a research note on Wednesday, January 14th. They issued a “hold” rating and a $110.00 price objective on the stock. Finally, TD Cowen decreased their target price on shares of Estee Lauder Companies from $130.00 to $115.00 and set a “hold” rating for the company in a research report on Monday, February 9th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $97.95.

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.