Illinois Municipal Retirement Fund Lowers Stock Position in The Estee Lauder Companies Inc. $EL

Illinois Municipal Retirement Fund lessened its position in shares of The Estee Lauder Companies Inc. (NYSE:EL) by 10.9% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 126,038 shares of the company’s stock after selling 15,487 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in Estee Lauder Companies were worth $9,046,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sanctuary Advisors LLC boosted its stake in shares of Estee Lauder Companies by 36.7% during the 1st quarter. Sanctuary Advisors LLC now owns 17,582 shares of the company’s stock worth $1,262,000 after acquiring an additional 4,723 shares in the last quarter. Bleakley Financial Group LLC increased its stake in shares of Estee Lauder Companies by 21.5% in the 1st quarter. Bleakley Financial Group LLC now owns 38,356 shares of the company’s stock valued at $2,753,000 after purchasing an additional 6,780 shares in the last quarter. State of Michigan Retirement System increased its stake in shares of Estee Lauder Companies by 0.3% in the 1st quarter. State of Michigan Retirement System now owns 64,538 shares of the company’s stock valued at $4,632,000 after purchasing an additional 200 shares in the last quarter. Principal Financial Group Inc. raised its holdings in Estee Lauder Companies by 1.5% in the 1st quarter. Principal Financial Group Inc. now owns 275,311 shares of the company’s stock worth $19,759,000 after purchasing an additional 4,056 shares during the period. Finally, J. Safra Sarasin Holding AG acquired a new position in Estee Lauder Companies in the 1st quarter worth about $1,408,000. Hedge funds and other institutional investors own 55.15% of the company’s stock.

Estee Lauder Companies Price Performance

Shares of NYSE EL opened at $82.98 on Friday. The firm has a 50-day simple moving average of $83.83 and a 200-day simple moving average of $91.26. The stock has a market capitalization of $30.02 billion, a price-to-earnings ratio of -118.55, a price-to-earnings-growth ratio of 0.64 and a beta of 1.27. The company has a quick ratio of 0.94, a current ratio of 1.27 and a debt-to-equity ratio of 1.71. 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 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. 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%. Estee Lauder Companies’s quarterly revenue was up 4.6% on a year-over-year basis. During the same period in the previous year, the business posted $0.65 earnings per share. Estee Lauder Companies has set its FY 2026 guidance at 2.330-2.430 EPS. On average, equities analysts predict that The Estee Lauder Companies Inc. will post 2.41 earnings per share for the current fiscal year.

Estee Lauder Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, May 29th were paid a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend was Friday, May 29th. Estee Lauder Companies’s dividend payout ratio (DPR) is -200.00%.

Analysts Set New Price Targets

EL has been the topic of a number of recent analyst reports. Wall Street Zen downgraded Estee Lauder Companies from a “buy” rating to a “hold” rating in a research report on Saturday, April 4th. Weiss Ratings cut Estee Lauder Companies from a “sell (d+)” rating to a “sell (d)” rating in a research report on Monday, May 4th. Deutsche Bank Aktiengesellschaft reduced their target price on Estee Lauder Companies from $124.00 to $108.00 and set a “buy” rating for the company in a research note on Monday, March 30th. Wells Fargo & Company increased their target price on Estee Lauder Companies from $75.00 to $85.00 and gave the company an “equal weight” rating in a research report on Monday, May 4th. Finally, Sanford C. Bernstein initiated coverage on shares of Estee Lauder Companies in a research note on Friday, June 12th. They issued a “market perform” rating and a $82.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $99.16.

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.