Resona Asset Management Co. Ltd. Sells 5,506 Shares of The Estee Lauder Companies Inc. $EL

Resona Asset Management Co. Ltd. trimmed its position in The Estee Lauder Companies Inc. (NYSE:EL) by 6.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 74,762 shares of the company’s stock after selling 5,506 shares during the quarter. Resona Asset Management Co. Ltd.’s holdings in Estee Lauder Companies were worth $6,601,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in EL. Norges Bank bought a new position in shares of Estee Lauder Companies in the second quarter worth approximately $189,663,000. Schroder Investment Management Group boosted its holdings in Estee Lauder Companies by 593.3% in the 2nd quarter. Schroder Investment Management Group now owns 2,211,624 shares of the company’s stock worth $178,699,000 after buying an additional 1,892,629 shares during the period. Federated Hermes Inc. boosted its holdings in Estee Lauder Companies by 556.8% in the 2nd quarter. Federated Hermes Inc. now owns 1,554,088 shares of the company’s stock worth $125,570,000 after buying an additional 1,317,473 shares during the period. Robeco Institutional Asset Management B.V. increased its stake in Estee Lauder Companies by 1,600.4% in the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 1,224,695 shares of the company’s stock worth $98,955,000 after buying an additional 1,152,669 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in Estee Lauder Companies by 35.2% during the second quarter. Bank of New York Mellon Corp now owns 4,175,394 shares of the company’s stock valued at $337,372,000 after acquiring an additional 1,086,514 shares during the period. Institutional investors own 55.15% of the company’s stock.

Insider Buying and Selling

In other news, Director Barry S. Sternlicht sold 3,972 shares of the business’s stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $91.83, for a total transaction of $364,748.76. Following the transaction, the director owned 34,812 shares of the company’s stock, valued at approximately $3,196,785.96. The trade was a 10.24% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP Meridith Webster sold 5,430 shares of the firm’s stock in a transaction on Tuesday, November 18th. The stock was sold at an average price of $87.84, for a total value of $476,971.20. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 13.05% of the company’s stock.

Estee Lauder Companies Trading Up 0.2%

Shares of EL opened at $116.58 on Wednesday. The stock has a market capitalization of $42.01 billion, a PE ratio of -45.19, a P/E/G ratio of 1.37 and a beta of 1.15. The company’s fifty day moving average is $105.83 and its 200 day moving average is $96.14. 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 fifty-two week low of $48.37 and a fifty-two week high of $120.27.

Estee Lauder Companies (NYSE:EL) last released its quarterly earnings data on Thursday, October 30th. The company reported $0.32 EPS for the quarter, beating the consensus estimate of $0.15 by $0.17. Estee Lauder Companies had a negative net margin of 6.44% and a positive return on equity of 14.92%. The business had revenue of $3.48 billion during the quarter, compared to analyst estimates of $3.38 billion. During the same quarter last year, the business earned $0.14 earnings per share. Estee Lauder Companies’s quarterly 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. 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 business also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Friday, November 28th were paid a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Friday, November 28th. Estee Lauder Companies’s payout ratio is presently -54.26%.

Analyst Ratings Changes

Several analysts recently issued reports on EL shares. UBS Group lifted their target price on Estee Lauder Companies from $105.00 to $119.00 and gave the company a “neutral” rating in a research note on Wednesday, January 14th. Evercore ISI lifted their price objective on shares of Estee Lauder Companies from $115.00 to $125.00 and gave the company an “outperform” rating in a research report on Tuesday, December 16th. Royal Bank Of Canada boosted their target price on shares of Estee Lauder Companies from $107.00 to $113.00 and gave the stock an “outperform” rating in a report on Friday, October 31st. Rothschild Redb lowered shares of Estee Lauder Companies from a “hold” rating to a “strong sell” rating in a research report on Tuesday, November 25th. Finally, Zacks Research upgraded shares of Estee Lauder Companies from a “hold” rating to a “strong-buy” rating in a report on Tuesday, December 16th. Three investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, Estee Lauder Companies presently has a consensus rating of “Hold” and a consensus target price of $101.78.

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.