Schroder Investment Management Group raised its holdings in shares of The Estee Lauder Companies Inc. (NYSE:EL – Free Report) by 29.0% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,853,675 shares of the company’s stock after acquiring an additional 642,051 shares during the quarter. Schroder Investment Management Group owned approximately 0.79% of Estee Lauder Companies worth $254,348,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Estee Lauder Companies by 4.8% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,898 shares of the company’s stock worth $1,709,000 after purchasing an additional 1,177 shares during the last quarter. NewEdge Advisors LLC increased its stake in Estee Lauder Companies by 33.4% in the 1st quarter. NewEdge Advisors LLC now owns 6,992 shares of the company’s stock valued at $462,000 after buying an additional 1,749 shares during the last quarter. Empowered Funds LLC lifted its position in Estee Lauder Companies by 24.1% during the 1st quarter. Empowered Funds LLC now owns 4,619 shares of the company’s stock worth $305,000 after buying an additional 898 shares in the last quarter. Atria Investments Inc boosted its stake in shares of Estee Lauder Companies by 22.6% during the 2nd quarter. Atria Investments Inc now owns 6,151 shares of the company’s stock worth $497,000 after buying an additional 1,135 shares during the last quarter. Finally, Resona Asset Management Co. Ltd. boosted its stake in shares of Estee Lauder Companies by 8.1% during the 2nd quarter. Resona Asset Management Co. Ltd. now owns 80,268 shares of the company’s stock worth $6,477,000 after buying an additional 6,022 shares during the last quarter. 55.15% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of research firms recently issued reports on EL. Deutsche Bank Aktiengesellschaft lifted their target price on Estee Lauder Companies from $124.00 to $128.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. Wall Street Zen upgraded Estee Lauder Companies from a “hold” rating to a “buy” rating in a research note on Saturday, January 17th. Zacks Research lowered Estee Lauder Companies from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 9th. Citigroup raised Estee Lauder Companies from a “neutral” rating to a “buy” rating and set a $120.00 price objective for the company in a report on Friday, February 6th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Estee Lauder Companies in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $104.43.
Estee Lauder Companies Price Performance
Shares of NYSE EL opened at $92.85 on Monday. 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 business’s 50 day moving average price is $109.84 and its two-hundred day moving average price is $99.69. The company has a market cap of $33.59 billion, a PE ratio of -185.70, a price-to-earnings-growth ratio of 1.04 and a beta of 1.11. The Estee Lauder Companies Inc. has a twelve month low of $48.37 and a twelve month high of $121.64.
Estee Lauder Companies (NYSE:EL – Get Free Report) last released its quarterly earnings data on Thursday, February 5th. The company reported $0.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.84 by $0.05. The company had revenue of $4.23 billion during the quarter, compared to analysts’ expectations of $4.22 billion. Estee Lauder Companies had a positive return on equity of 17.59% and a negative net margin of 1.21%.The business’s revenue was up 5.6% on a year-over-year basis. During the same period last year, the firm posted $0.62 earnings per share. Estee Lauder Companies has set its FY 2026 guidance at 2.030-2.230 EPS. On average, analysts predict that The Estee Lauder Companies Inc. will post 1.36 EPS for the current year.
Estee Lauder Companies Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Friday, February 27th will be given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Friday, February 27th. Estee Lauder Companies’s payout ratio is -280.00%.
Estee Lauder Companies 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.
Recommended Stories
- Five stocks we like better than Estee Lauder Companies
- The gold chart Wall Street is terrified of…
- America’s 1776 happening again
- What a Former CIA Agent Knows About the Coming Collapse
- Elon Musk already made me a “wealthy man”
- Buffett, Gates and Bezos Quietly Dumping Stocks—Here’s Why
Want to see what other hedge funds are holding EL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Estee Lauder Companies Inc. (NYSE:EL – Free Report).
Receive News & Ratings for Estee Lauder Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Estee Lauder Companies and related companies with MarketBeat.com's FREE daily email newsletter.
