BI Asset Management Fondsmaeglerselskab A S Has $1.08 Million Position in The Estee Lauder Companies Inc. $EL

BI Asset Management Fondsmaeglerselskab A S lessened its holdings in The Estee Lauder Companies Inc. (NYSE:EL) by 81.2% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,077 shares of the company’s stock after selling 65,100 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in Estee Lauder Companies were worth $1,082,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Covenant Asset Management LLC bought a new stake in Estee Lauder Companies in the fourth quarter valued at about $3,634,000. Aberdeen Group plc boosted its holdings in Estee Lauder Companies by 13.4% during the fourth quarter. Aberdeen Group plc now owns 201,255 shares of the company’s stock worth $21,075,000 after buying an additional 23,717 shares during the last quarter. Eurizon Capital SGR S.p.A. bought a new position in Estee Lauder Companies during the fourth quarter worth about $14,619,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new position in shares of Estee Lauder Companies during the 4th quarter worth about $19,438,000. Finally, HighTower Advisors LLC increased its stake in shares of Estee Lauder Companies by 44.5% in the 3rd quarter. HighTower Advisors LLC now owns 37,002 shares of the company’s stock valued at $3,261,000 after acquiring an additional 11,398 shares during the last quarter. Institutional investors own 55.15% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Citigroup upped their target price on shares of Estee Lauder Companies from $92.00 to $110.00 and gave the company a “buy” rating in a research note on Friday, May 22nd. The Goldman Sachs Group assumed coverage on shares of Estee Lauder Companies in a research report on Monday. They set a “buy” rating and a $100.00 price target on the stock. UBS Group boosted their price target on shares of Estee Lauder Companies from $75.00 to $85.00 and gave the company a “neutral” rating in a report on Monday, May 4th. Zacks Research upgraded shares of Estee Lauder Companies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 12th. Finally, Telsey Advisory Group dropped their price objective on Estee Lauder Companies from $105.00 to $90.00 and set a “market perform” rating on the stock in a research note on Monday, May 4th. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Estee Lauder Companies presently has a consensus rating of “Moderate Buy” and an average target price of $99.90.

Estee Lauder Companies Price Performance

NYSE EL opened at $83.18 on Thursday. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.94 and a current ratio of 1.27. The stock has a market cap of $30.09 billion, a price-to-earnings ratio of -118.83, a PEG ratio of 0.86 and a beta of 1.26. The business has a 50 day simple moving average of $82.57 and a 200 day simple moving average of $93.94. The Estee Lauder Companies Inc. has a 52-week low of $66.22 and a 52-week high of $121.64.

Estee Lauder Companies (NYSE:EL) last announced its quarterly earnings results on Friday, May 1st. The company reported $0.91 earnings per share for the quarter, beating analysts’ consensus estimates of $0.66 by $0.25. The firm had revenue of $3.71 billion for the quarter, compared to analyst estimates of $3.69 billion. Estee Lauder Companies had a negative net margin of 1.67% and a positive return on equity of 20.66%. The business’s revenue was up 4.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.65 earnings per share. Estee Lauder Companies has set its FY 2026 guidance at 2.330-2.430 EPS. Analysts anticipate that The Estee Lauder Companies Inc. will post 2.41 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, June 15th. Investors of record on Friday, May 29th were given a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend was Friday, May 29th. Estee Lauder Companies’s payout ratio is currently -200.00%.

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.