The Estee Lauder Companies Inc. $EL Shares Sold by Groupama Asset Managment

Groupama Asset Managment lowered its stake in shares of The Estee Lauder Companies Inc. (NYSE:EL) by 56.8% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,294 shares of the company’s stock after selling 13,536 shares during the quarter. Groupama Asset Managment’s holdings in Estee Lauder Companies were worth $907,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank acquired a new stake in Estee Lauder Companies during the 2nd quarter worth approximately $189,663,000. Victory Capital Management Inc. grew its stake in shares of Estee Lauder Companies by 3,181.4% in the 3rd quarter. Victory Capital Management Inc. now owns 2,312,535 shares of the company’s stock valued at $203,781,000 after purchasing an additional 2,242,062 shares during the last quarter. Wellington Management Group LLP increased its holdings in shares of Estee Lauder Companies by 3,986.4% in the third quarter. Wellington Management Group LLP now owns 2,082,217 shares of the company’s stock valued at $183,485,000 after purchasing an additional 2,031,262 shares during the period. Bank of New York Mellon Corp increased its holdings in shares of Estee Lauder Companies by 46.4% in the third quarter. Bank of New York Mellon Corp now owns 6,112,501 shares of the company’s stock valued at $538,634,000 after purchasing an additional 1,937,107 shares during the period. Finally, Schroder Investment Management Group raised its stake in shares of Estee Lauder Companies by 593.3% during the second quarter. Schroder Investment Management Group now owns 2,211,624 shares of the company’s stock worth $178,699,000 after purchasing an additional 1,892,629 shares during the last quarter. Institutional investors and hedge funds own 55.15% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on EL shares. Zacks Research downgraded Estee Lauder Companies from a “strong-buy” rating to a “hold” rating in a report on Monday, February 9th. HSBC cut shares of Estee Lauder Companies from a “buy” rating to a “hold” rating and set a $106.00 price objective on the stock. in a research note on Tuesday, February 10th. TD Cowen reduced their target price on shares of Estee Lauder Companies from $130.00 to $115.00 and set a “hold” rating for the company in a research note on Monday, February 9th. Wells Fargo & Company lowered their target price on shares of Estee Lauder Companies from $111.00 to $105.00 and set an “equal weight” rating on the stock in a report on Friday, February 6th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Estee Lauder Companies from $131.00 to $121.00 and set an “overweight” rating on the stock in a research note on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $104.43.

Estee Lauder Companies Stock Performance

Shares of EL stock opened at $85.88 on Friday. The stock has a fifty day moving average price of $106.06 and a 200 day moving average price of $99.42. The company has a debt-to-equity ratio of 1.82, a quick ratio of 1.00 and a current ratio of 1.36. The stock has a market cap of $31.07 billion, a PE ratio of -171.76, a P/E/G ratio of 0.96 and a beta of 1.11. The Estee Lauder Companies Inc. has a 1 year low of $48.37 and a 1 year high of $121.64.

Estee Lauder Companies (NYSE:EL) last posted its earnings results on Thursday, February 5th. The company reported $0.89 earnings per share 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 company had revenue of $4.23 billion for the quarter, compared to analyst estimates of $4.22 billion. During the same quarter in the prior year, the company earned $0.62 earnings per share. Estee Lauder Companies’s 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. Sell-side analysts forecast that The Estee Lauder Companies Inc. will post 1.36 earnings per share for the current fiscal year.

Estee Lauder Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Friday, February 27th were paid a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend was Friday, February 27th. Estee Lauder Companies’s dividend payout ratio is presently -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.