iA Global Asset Management Inc. Acquires Shares of 15,277 The Estee Lauder Companies Inc. $EL

iA Global Asset Management Inc. acquired a new position in shares of The Estee Lauder Companies Inc. (NYSE:EL) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 15,277 shares of the company’s stock, valued at approximately $1,096,000.

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

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the stock. Citigroup increased their price objective on shares of Estee Lauder Companies from $92.00 to $110.00 and gave the stock a “buy” rating in a research note on Friday, May 22nd. Deutsche Bank Aktiengesellschaft decreased their target price on Estee Lauder Companies from $124.00 to $108.00 and set a “buy” rating for the company in a research note on Monday, March 30th. UBS Group increased their price target on Estee Lauder Companies from $75.00 to $85.00 and gave the stock a “neutral” rating in a research report on Monday, May 4th. Weiss Ratings lowered Estee Lauder Companies from a “sell (d+)” rating to a “sell (d)” rating in a research report on Monday, May 4th. Finally, Sanford C. Bernstein assumed coverage on shares of Estee Lauder Companies in a research note on Friday, June 12th. They set a “market perform” rating and a $82.00 target price for the company. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $99.90.

Estee Lauder Companies Stock Performance

NYSE:EL opened at $83.84 on Friday. The company has a 50-day moving average of $83.14 and a 200-day moving average of $92.95. The firm has a market cap of $30.33 billion, a price-to-earnings ratio of -119.77, a price-to-earnings-growth ratio of 0.64 and a beta of 1.27. The company has a current ratio of 1.27, a quick ratio of 0.94 and a debt-to-equity ratio of 1.71. The Estee Lauder Companies Inc. has a twelve month low of $66.22 and a twelve month high of $121.64.

Estee Lauder Companies (NYSE:EL) last issued its earnings results on Friday, May 1st. The company reported $0.91 earnings per share for the quarter, topping analysts’ consensus estimates of $0.66 by $0.25. The firm had revenue of $3.71 billion during 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%. The firm’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same period last year, the firm posted $0.65 earnings per share. Estee Lauder Companies has set its FY 2026 guidance at 2.330-2.430 EPS. Analysts forecast that The Estee Lauder Companies Inc. will post 2.41 earnings per share for the current fiscal year.

Estee Lauder Companies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 29th were given a dividend of $0.35 per share. 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 -200.00%.

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.