Geode Capital Management LLC Raises Position in The Estee Lauder Companies Inc. $EL

Geode Capital Management LLC raised its stake in The Estee Lauder Companies Inc. (NYSE:EL) by 5.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,308,108 shares of the company’s stock after purchasing an additional 331,530 shares during the quarter. Geode Capital Management LLC’s holdings in Estee Lauder Companies were worth $658,020,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Covenant Asset Management LLC purchased a new stake in shares of Estee Lauder Companies during the fourth quarter valued at approximately $3,634,000. Aberdeen Group plc increased its position in shares of Estee Lauder Companies by 13.4% during the fourth quarter. Aberdeen Group plc now owns 201,255 shares of the company’s stock valued at $21,075,000 after acquiring an additional 23,717 shares during the last quarter. Azzad Asset Management Inc. ADV increased its position in shares of Estee Lauder Companies by 55.8% during the third quarter. Azzad Asset Management Inc. ADV now owns 26,682 shares of the company’s stock valued at $2,351,000 after acquiring an additional 9,559 shares during the last quarter. HighTower Advisors LLC increased its position in shares of Estee Lauder Companies by 44.5% during the third quarter. HighTower Advisors LLC now owns 37,002 shares of the company’s stock valued at $3,261,000 after acquiring an additional 11,398 shares during the last quarter. Finally, Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new stake in shares of Estee Lauder Companies during the fourth quarter valued at approximately $19,438,000. 55.15% of the stock is owned by hedge funds and other institutional investors.

Estee Lauder Companies Stock Performance

NYSE:EL opened at $89.10 on Friday. The company has a debt-to-equity ratio of 1.71, a current ratio of 1.27 and a quick ratio of 0.94. The business has a fifty day simple moving average of $78.12 and a two-hundred day simple moving average of $94.82. The Estee Lauder Companies Inc. has a 1 year low of $64.83 and a 1 year high of $121.64. The company has a market capitalization of $32.23 billion, a P/E ratio of -127.28, a P/E/G ratio of 0.91 and a beta of 1.22.

Estee Lauder Companies (NYSE:EL) last released its earnings results on Friday, May 1st. The company reported $0.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.66 by $0.25. Estee Lauder Companies had a positive return on equity of 20.66% and a negative net margin of 1.67%.The business had revenue of $3.71 billion during the quarter, compared to the consensus estimate of $3.69 billion. During the same period last year, the business posted $0.65 earnings per share. The business’s revenue for the quarter 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. On average, 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 business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be issued 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 of this dividend is Friday, May 29th. Estee Lauder Companies’s dividend payout ratio (DPR) is presently -200.00%.

Analyst Ratings Changes

A number of analysts recently commented on EL shares. HSBC downgraded Estee Lauder Companies from a “buy” rating to a “hold” rating and set a $106.00 price target for the company. in a research report on Tuesday, February 10th. JPMorgan Chase & Co. raised their target price on Estee Lauder Companies from $98.00 to $99.00 and gave the stock an “overweight” rating in a research report on Monday, May 4th. Weiss Ratings downgraded Estee Lauder Companies from a “sell (d+)” rating to a “sell (d)” rating in a research report on Monday, May 4th. Wall Street Zen downgraded Estee Lauder Companies from a “buy” rating to a “hold” rating in a research report on Saturday, April 4th. Finally, Citigroup raised their target price on Estee Lauder Companies from $92.00 to $110.00 and gave the stock a “buy” rating in a research report on Friday, May 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Estee Lauder Companies presently has a consensus rating of “Moderate Buy” and an average target price of $101.63.

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.