Franklin Resources Inc. Buys 450,798 Shares of The Estee Lauder Companies Inc. $EL

Franklin Resources Inc. raised its stake in The Estee Lauder Companies Inc. (NYSE:EL) by 29.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,972,197 shares of the company’s stock after buying an additional 450,798 shares during the period. Franklin Resources Inc.’s holdings in Estee Lauder Companies were worth $206,528,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in EL. Norges Bank bought a new stake in shares of Estee Lauder Companies in the 4th quarter valued at about $308,912,000. M&T Bank Corp grew its position in shares of Estee Lauder Companies by 16,270.3% in the 4th quarter. M&T Bank Corp now owns 2,667,208 shares of the company’s stock valued at $279,310,000 after buying an additional 2,650,915 shares during the last quarter. Victory Capital Management Inc. grew its position in shares of Estee Lauder Companies by 3,181.4% in the 3rd quarter. Victory Capital Management Inc. now owns 2,312,535 shares of the company’s stock valued at $203,781,000 after buying an additional 2,242,062 shares during the last quarter. Wellington Management Group LLP boosted its position in shares of Estee Lauder Companies by 3,986.4% during 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 in the last quarter. Finally, Bank of New York Mellon Corp boosted its position in shares of Estee Lauder Companies by 22.7% during the 4th quarter. Bank of New York Mellon Corp now owns 7,497,179 shares of the company’s stock valued at $785,105,000 after purchasing an additional 1,384,678 shares in the last quarter. Institutional investors own 55.15% of the company’s stock.

Estee Lauder Companies Stock Up 2.4%

Shares of Estee Lauder Companies stock opened at $86.66 on Wednesday. The Estee Lauder Companies Inc. has a one year low of $66.22 and a one year high of $121.64. The company has a debt-to-equity ratio of 1.71, a current ratio of 1.27 and a quick ratio of 0.94. The stock’s 50-day moving average is $79.26 and its 200 day moving average is $94.63. The firm has a market cap of $31.35 billion, a price-to-earnings ratio of -123.80, a PEG ratio of 0.87 and a beta of 1.26.

Estee Lauder Companies (NYSE:EL) last posted its quarterly earnings results 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 the consensus estimate of $3.69 billion. During the same period in the prior year, the business earned $0.65 EPS. The firm’s revenue for the quarter 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. Equities research analysts anticipate that The Estee Lauder Companies Inc. will post 2.41 EPS for the current year.

Estee Lauder Companies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be paid a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend is Friday, May 29th. Estee Lauder Companies’s dividend payout ratio is -200.00%.

Wall Street Analysts Forecast Growth

EL has been the topic of several research analyst reports. Canaccord Genuity Group upped 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. UBS Group upped their target price on Estee Lauder Companies from $75.00 to $85.00 and gave the company a “neutral” rating in a research report on Monday, May 4th. Citigroup upped their target price on Estee Lauder Companies from $92.00 to $110.00 and gave the company a “buy” rating in a research report on Friday, May 22nd. Weiss Ratings lowered Estee Lauder Companies from a “sell (d+)” rating to a “sell (d)” rating in a research report on Monday, May 4th. Finally, Zacks Research upgraded Estee Lauder Companies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 12th. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Estee Lauder Companies presently has an average rating of “Moderate Buy” and an average target price of $101.63.

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.