Greenwood Capital Associates LLC Acquires 24,044 Shares of The Estee Lauder Companies Inc. $EL

Greenwood Capital Associates LLC grew its stake in shares of The Estee Lauder Companies Inc. (NYSE:EL) by 48.7% during the first quarter, HoldingsChannel.com reports. The fund owned 73,462 shares of the company’s stock after buying an additional 24,044 shares during the quarter. Greenwood Capital Associates LLC’s holdings in Estee Lauder Companies were worth $5,272,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Covenant Asset Management LLC purchased a new stake in Estee Lauder Companies in the 4th quarter worth $3,634,000. Aberdeen Group plc boosted its holdings in shares of Estee Lauder Companies by 13.4% during the 4th quarter. Aberdeen Group plc now owns 201,255 shares of the company’s stock valued at $21,075,000 after purchasing an additional 23,717 shares during the last quarter. Eurizon Capital SGR S.p.A. purchased a new position in shares of Estee Lauder Companies during the fourth quarter valued at about $14,619,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in shares of Estee Lauder Companies in the fourth quarter worth about $19,438,000. Finally, WT Asset Management Ltd increased its holdings in shares of Estee Lauder Companies by 60.6% in the fourth quarter. WT Asset Management Ltd now owns 53,000 shares of the company’s stock worth $5,550,000 after purchasing an additional 20,000 shares during the last quarter. 55.15% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

EL has been the topic of a number of research reports. Zacks Research raised Estee Lauder Companies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 12th. Piper Sandler assumed coverage on Estee Lauder Companies in a research report on Friday, May 15th. They set an “overweight” rating and a $95.00 target price for the company. UBS Group raised their target price 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. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Estee Lauder Companies from $124.00 to $108.00 and set a “buy” rating on the stock in a research report on Monday, March 30th. Finally, Wall Street Zen lowered shares of Estee Lauder Companies from a “buy” rating to a “hold” rating in a research report on Saturday, April 4th. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $99.90.

Estee Lauder Companies Stock Performance

Shares of Estee Lauder Companies stock opened at $81.84 on Thursday. 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 stock’s fifty day moving average is $83.68 and its two-hundred day moving average is $92.36. The Estee Lauder Companies Inc. has a 52 week low of $66.22 and a 52 week high of $121.64. The company has a market capitalization of $29.61 billion, a PE ratio of -116.92, a price-to-earnings-growth ratio of 0.66 and a beta of 1.27.

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, beating the consensus estimate of $0.66 by $0.25. Estee Lauder Companies had a negative net margin of 1.67% and a positive return on equity of 20.66%. The firm had revenue of $3.71 billion during the quarter, compared to the consensus estimate of $3.69 billion. During the same quarter in the previous year, the firm posted $0.65 earnings per share. The company’s revenue was up 4.6% on a year-over-year basis. Estee Lauder Companies has set its FY 2026 guidance at 2.330-2.430 EPS. As a group, analysts expect that The Estee Lauder Companies Inc. will post 2.41 earnings per share for the current year.

Estee Lauder Companies Dividend Announcement

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

About Estee Lauder Companies

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.