Bridgefront Capital LLC acquired a new position in shares of The Estee Lauder Companies Inc. (NYSE:EL – Free Report) in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 14,221 shares of the company’s stock, valued at approximately $1,253,000.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in EL. Norges Bank acquired a new position in shares of Estee Lauder Companies in the 2nd quarter valued at $189,663,000. Victory Capital Management Inc. raised its stake in Estee Lauder Companies by 3,181.4% during the 3rd quarter. Victory Capital Management Inc. now owns 2,312,535 shares of the company’s stock valued at $203,781,000 after acquiring an additional 2,242,062 shares during the last quarter. Wellington Management Group LLP raised its stake in shares of Estee Lauder Companies by 3,986.4% during the third quarter. Wellington Management Group LLP now owns 2,082,217 shares of the company’s stock worth $183,485,000 after purchasing an additional 2,031,262 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in shares of Estee Lauder Companies by 46.4% in the 3rd quarter. Bank of New York Mellon Corp now owns 6,112,501 shares of the company’s stock worth $538,634,000 after acquiring an additional 1,937,107 shares during the period. Finally, Schroder Investment Management Group lifted its position in Estee Lauder Companies by 593.3% in the second quarter. Schroder Investment Management Group now owns 2,211,624 shares of the company’s stock valued at $178,699,000 after purchasing an additional 1,892,629 shares during the period. Institutional investors and hedge funds own 55.15% of the company’s stock.
Analyst Upgrades and Downgrades
EL has been the topic of several research analyst reports. Barclays decreased their target price on shares of Estee Lauder Companies from $100.00 to $94.00 and set an “equal weight” rating on the stock in a research report on Monday, February 9th. Wells Fargo & Company reduced their price objective on Estee Lauder Companies from $111.00 to $105.00 and set an “equal weight” rating on the stock in a research report on Friday, February 6th. Jefferies Financial Group began coverage on shares of Estee Lauder Companies in a research report on Wednesday, January 14th. They set a “hold” rating and a $110.00 target price on the stock. Wall Street Zen raised Estee Lauder Companies from a “hold” rating to a “buy” rating in a research note on Saturday, January 17th. Finally, UBS Group upped their price target on shares of Estee Lauder Companies from $105.00 to $119.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 14th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $104.43.
Estee Lauder Companies Stock Performance
NYSE:EL opened at $87.80 on Friday. The firm’s fifty day simple moving average is $108.27 and its 200 day simple moving average is $99.64. The company has a current ratio of 1.36, a quick ratio of 1.00 and a debt-to-equity ratio of 1.82. The Estee Lauder Companies Inc. has a twelve month low of $48.37 and a twelve month high of $121.64. The firm has a market capitalization of $31.76 billion, a price-to-earnings ratio of -175.60, a PEG ratio of 0.98 and a beta of 1.11.
Estee Lauder Companies (NYSE:EL – Get Free Report) last announced its quarterly earnings results on Thursday, February 5th. The company reported $0.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.84 by $0.05. Estee Lauder Companies had a positive return on equity of 17.59% and a negative net margin of 1.21%.The firm had revenue of $4.23 billion during the quarter, compared to the consensus estimate of $4.22 billion. During the same period in the prior year, the firm earned $0.62 EPS. The firm’s quarterly revenue was up 5.6% compared to the same quarter last year. Estee Lauder Companies has set its FY 2026 guidance at 2.030-2.230 EPS. As a group, equities research analysts expect that The Estee Lauder Companies Inc. will post 1.36 earnings per share for the current fiscal year.
Estee Lauder Companies Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Friday, February 27th will be paid a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Friday, February 27th. Estee Lauder Companies’s dividend payout ratio is -280.00%.
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.
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