100,665 Shares of The Estee Lauder Companies Inc. $EL Purchased by Chapin Davis Inc.

Chapin Davis Inc. bought a new stake in shares of The Estee Lauder Companies Inc. (NYSE:EL) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 100,665 shares of the company’s stock, valued at approximately $9,339,000. Estee Lauder Companies accounts for approximately 1.9% of Chapin Davis Inc.’s investment portfolio, making the stock its 18th biggest position.

A number of other large investors also recently added to or reduced their stakes in the business. IFP Advisors Inc boosted its stake in Estee Lauder Companies by 35.2% in the 2nd quarter. IFP Advisors Inc now owns 415 shares of the company’s stock worth $33,000 after purchasing an additional 108 shares during the period. Kestra Advisory Services LLC lifted its holdings in shares of Estee Lauder Companies by 3.1% in the first quarter. Kestra Advisory Services LLC now owns 4,520 shares of the company’s stock worth $324,000 after buying an additional 134 shares in the last quarter. QRG Capital Management Inc. lifted its holdings in shares of Estee Lauder Companies by 3.0% in the second quarter. QRG Capital Management Inc. now owns 4,569 shares of the company’s stock worth $361,000 after buying an additional 135 shares in the last quarter. Contravisory Investment Management Inc. boosted its position in shares of Estee Lauder Companies by 1.4% during the first quarter. Contravisory Investment Management Inc. now owns 11,691 shares of the company’s stock worth $839,000 after acquiring an additional 158 shares during the last quarter. Finally, State of Michigan Retirement System grew its stake in Estee Lauder Companies by 0.3% during the first quarter. State of Michigan Retirement System now owns 64,538 shares of the company’s stock valued at $4,632,000 after acquiring an additional 200 shares in the last quarter. 55.15% of the stock is owned by hedge funds and other institutional investors.

Estee Lauder Companies Price Performance

Estee Lauder Companies stock opened at $94.25 on Friday. The Estee Lauder Companies Inc. has a 52-week low of $66.22 and a 52-week high of $121.64. The company has a quick ratio of 0.90, a current ratio of 1.22 and a debt-to-equity ratio of 1.79. The firm’s fifty day moving average is $94.98 and its 200 day moving average is $85.62. The company has a market cap of $34.10 billion, a price-to-earnings ratio of 192.34, a PEG ratio of 1.09 and a beta of 1.27.

Estee Lauder Companies (NYSE:EL) last issued its quarterly earnings data on Wednesday, August 19th. The company reported $0.39 EPS for the quarter, topping analysts’ consensus estimates of $0.32 by $0.07. Estee Lauder Companies had a net margin of 1.21% and a return on equity of 23.52%. The business had revenue of $3.64 billion during the quarter, compared to analysts’ expectations of $3.55 billion. During the same period last year, the company posted $0.09 EPS. The business’s revenue was up 6.3% on a year-over-year basis. Estee Lauder Companies has set its FY 2027 guidance at 3.100-3.350 EPS. Sell-side analysts forecast that The Estee Lauder Companies Inc. will post 3.31 EPS for the current fiscal year.

Estee Lauder Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st were paid a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend was Monday, August 31st. Estee Lauder Companies’s payout ratio is presently 285.71%.

Insider Buying and Selling at Estee Lauder Companies

In other news, Director Paul Fribourg sold 58,000 shares of the firm’s stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $98.17, for a total value of $5,693,860.00. Following the completion of the sale, the director directly owned 417,300 shares of the company’s stock, valued at $40,966,341. This trade represents a 12.20% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Charlene Barshefsky sold 3,775 shares of Estee Lauder Companies stock in a transaction that occurred on Wednesday, September 9th. The stock was sold at an average price of $98.82, for a total value of $373,045.50. Following the completion of the transaction, the director owned 50,971 shares of the company’s stock, valued at approximately $5,036,954.22. This trade represents a 6.90% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 75,105 shares of company stock worth $7,423,185 over the last ninety days. Company insiders own 11.54% of the company’s stock.

Analyst Upgrades and Downgrades

EL has been the topic of a number of research reports. JPMorgan Chase & Co. lifted their price target on shares of Estee Lauder Companies from $94.00 to $112.00 and gave the company an “overweight” rating in a report on Thursday, August 20th. Citigroup raised their price objective on Estee Lauder Companies from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Thursday, August 20th. Weiss Ratings raised Estee Lauder Companies from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, August 21st. Jefferies Financial Group boosted their target price on Estee Lauder Companies from $88.00 to $100.00 and gave the stock a “hold” rating in a research report on Thursday, August 20th. Finally, Wall Street Zen lowered Estee Lauder Companies from a “buy” rating to a “hold” rating in a research note on Saturday, September 26th. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $104.76.

About Estee Lauder Companies

The Estée Lauder Companies Inc (NYSE: EL) is a global beauty company that develops, markets and sells prestige skincare, makeup, fragrance and hair care products. Its portfolio includes brands such as Estée Lauder, Clinique, La Mer, MAC, Bobbi Brown, Jo Malone London, Aveda, The Ordinary and Tom Ford Beauty.

The company’s products are distributed through department stores, specialty retailers, freestanding stores, e-commerce platforms, travel retail outlets and other channels. Estée Lauder serves consumers in numerous markets across the Americas, Europe, the Middle East and Africa, and the Asia-Pacific region.

Estée Lauder was founded in 1946 by Estée Lauder and her husband, Joseph Lauder, beginning with a small collection of skincare products.