NewEdge Wealth LLC Grows Position in The Estee Lauder Companies Inc. $EL

NewEdge Wealth LLC lifted its position in shares of The Estee Lauder Companies Inc. (NYSE:EL) by 352.3% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 13,226 shares of the company’s stock after buying an additional 10,302 shares during the period. NewEdge Wealth LLC’s holdings in Estee Lauder Companies were worth $949,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. increased its holdings in Estee Lauder Companies by 3.9% in the 4th quarter. Vanguard Group Inc. now owns 27,952,869 shares of the company’s stock valued at $2,927,224,000 after purchasing an additional 1,043,746 shares in the last quarter. State Street Corp increased its holdings in Estee Lauder Companies by 4.2% during the 4th quarter. State Street Corp now owns 11,585,782 shares of the company’s stock worth $1,213,263,000 after purchasing an additional 467,195 shares during the last quarter. Schroder Investment Management Group raised its holdings in Estee Lauder Companies by 185.3% in the fourth quarter. Schroder Investment Management Group now owns 8,140,550 shares of the company’s stock valued at $861,596,000 after acquiring an additional 5,286,875 shares in the last quarter. Independent Franchise Partners LLP raised its stake in shares of Estee Lauder Companies by 1.1% in the 4th quarter. Independent Franchise Partners LLP now owns 7,837,249 shares of the company’s stock valued at $820,717,000 after purchasing an additional 83,857 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its stake in Estee Lauder Companies by 22.7% during the fourth quarter. Bank of New York Mellon Corp now owns 7,497,179 shares of the company’s stock valued at $785,105,000 after buying an additional 1,384,678 shares in the last quarter. Institutional investors and hedge funds own 55.15% of the company’s stock.

Analyst Ratings Changes

A number of analysts have weighed in on EL shares. Canaccord Genuity Group increased their target price on shares of Estee Lauder Companies from $80.00 to $85.00 and gave the stock a “hold” rating in a report on Monday, May 4th. JPMorgan Chase & Co. cut their target price on Estee Lauder Companies from $99.00 to $94.00 and set an “overweight” rating on the stock in a research note on Thursday, July 16th. Weiss Ratings downgraded shares of Estee Lauder Companies from a “sell (d+)” rating to a “sell (d)” rating in a research report on Monday, May 4th. Sanford C. Bernstein started coverage on Estee Lauder Companies in a research note on Friday, June 12th. They issued a “market perform” rating and a $82.00 price objective on the stock. Finally, Citigroup increased their target price on shares of Estee Lauder Companies from $92.00 to $110.00 and gave the company a “buy” rating in a research note on Friday, May 22nd. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Estee Lauder Companies presently has a consensus rating of “Hold” and an average price target of $98.11.

Estee Lauder Companies Price Performance

NYSE EL opened at $83.26 on Tuesday. The company has a 50 day simple moving average of $83.78 and a 200-day simple moving average of $90.05. The firm has a market capitalization of $30.12 billion, a price-to-earnings ratio of -118.94, a price-to-earnings-growth ratio of 0.62 and a beta of 1.27. 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 debt-to-equity ratio of 1.71, a current ratio of 1.27 and a quick ratio of 0.94.

Estee Lauder Companies (NYSE:EL) last posted its quarterly earnings results on Friday, May 1st. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.66 by $0.25. The business had revenue of $3.71 billion for the quarter, compared to analysts’ expectations 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 revenue was up 4.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.65 EPS. Estee Lauder Companies has set its FY 2026 guidance at 2.330-2.430 EPS. Equities research analysts predict that The Estee Lauder Companies Inc. will post 2.41 earnings per share for the current fiscal year.

Estee Lauder Companies Announces Dividend

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. The ex-dividend date was Friday, May 29th. This represents a $1.40 dividend on an annualized basis and a yield of 1.7%. Estee Lauder Companies’s payout ratio is -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.