Lecap Asset Management Ltd. Sells 35,297 Shares of The Estee Lauder Companies Inc. $EL

Lecap Asset Management Ltd. trimmed its position in shares of The Estee Lauder Companies Inc. (NYSE:EL) by 85.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,249 shares of the company’s stock after selling 35,297 shares during the period. Lecap Asset Management Ltd.’s holdings in Estee Lauder Companies were worth $505,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Independent Franchise Partners LLP boosted its position in shares of Estee Lauder Companies by 1.5% during the first quarter. Independent Franchise Partners LLP now owns 7,976,434 shares of the company’s stock valued at $526,445,000 after buying an additional 118,276 shares during the period. Invesco Ltd. boosted its holdings in Estee Lauder Companies by 21.9% during the 1st quarter. Invesco Ltd. now owns 6,681,785 shares of the company’s stock valued at $440,998,000 after acquiring an additional 1,200,537 shares during the period. American Century Companies Inc. grew its position in Estee Lauder Companies by 34.9% in the 1st quarter. American Century Companies Inc. now owns 4,511,115 shares of the company’s stock valued at $297,734,000 after acquiring an additional 1,167,508 shares during the last quarter. Bank of New York Mellon Corp increased its stake in Estee Lauder Companies by 3.9% in the first quarter. Bank of New York Mellon Corp now owns 3,088,880 shares of the company’s stock worth $203,866,000 after purchasing an additional 117,330 shares during the period. Finally, Northern Trust Corp lifted its position in shares of Estee Lauder Companies by 3.4% during the first quarter. Northern Trust Corp now owns 2,445,947 shares of the company’s stock worth $161,433,000 after purchasing an additional 80,387 shares during the last quarter. Institutional investors own 55.15% of the company’s stock.

Estee Lauder Companies Stock Up 3.1%

Shares of NYSE EL opened at $88.90 on Friday. The Estee Lauder Companies Inc. has a 12-month low of $48.37 and a 12-month high of $97.44. The stock’s fifty day simple moving average is $89.52 and its two-hundred day simple moving average is $75.94. The stock has a market capitalization of $32.00 billion, a PE ratio of -28.31, a price-to-earnings-growth ratio of 2.47 and a beta of 1.16. The company has a current ratio of 1.30, a quick ratio of 0.92 and a debt-to-equity ratio of 1.89.

Estee Lauder Companies (NYSE:EL) last issued its quarterly earnings data on Wednesday, August 20th. The company reported $0.09 earnings per share for the quarter, topping analysts’ consensus estimates of $0.07 by $0.02. Estee Lauder Companies had a positive return on equity of 12.37% and a negative net margin of 7.91%.The firm had revenue of $3.41 billion during the quarter, compared to analysts’ expectations of $3.36 billion. During the same period in the prior year, the business posted $0.64 EPS. The firm’s quarterly revenue was down 11.9% on a year-over-year basis. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. As a group, analysts expect that The Estee Lauder Companies Inc. will post 1.36 EPS for the current fiscal year.

Estee Lauder Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd were given a $0.35 dividend. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.6%. Estee Lauder Companies’s payout ratio is presently -44.59%.

Insider Activity at Estee Lauder Companies

In related news, Director Lynn Forester sold 3,702 shares of the stock in a transaction that occurred on Friday, August 29th. The shares were sold at an average price of $91.65, for a total transaction of $339,288.30. Following the completion of the sale, the director owned 15,479 shares of the company’s stock, valued at $1,418,650.35. This represents a 19.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Lande Rashida La sold 6,417 shares of the firm’s stock in a transaction that occurred on Thursday, August 28th. The shares were sold at an average price of $91.88, for a total transaction of $589,593.96. The disclosure for this sale can be found here. Insiders own 13.05% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on EL shares. Telsey Advisory Group restated a “market perform” rating and issued a $99.00 price target on shares of Estee Lauder Companies in a report on Wednesday, August 20th. Wall Street Zen downgraded shares of Estee Lauder Companies from a “hold” rating to a “sell” rating in a research note on Friday, August 22nd. Deutsche Bank Aktiengesellschaft raised their target price on shares of Estee Lauder Companies from $98.00 to $100.00 and gave the stock a “buy” rating in a research report on Thursday, August 21st. Hsbc Global Res upgraded Estee Lauder Companies from a “hold” rating to a “strong-buy” rating in a report on Friday, June 27th. Finally, Royal Bank Of Canada increased their price objective on Estee Lauder Companies from $90.00 to $107.00 and gave the stock an “outperform” rating in a research note on Thursday, August 21st. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and twelve have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $88.55.

Estee Lauder Companies Profile

The Estée Lauder Companies Inc manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. It offers skin care products, including moisturizers, serums, cleansers, toners, body care, exfoliators, acne care and oil correctors, facial masks, and sun care products; and makeup products, such as lipsticks, lip glosses, mascaras, foundations, eyeshadows, and powders, as well as compacts, brushes, and other makeup tools.