Tidal Investments LLC Purchases 226,888 Shares of The Estee Lauder Companies Inc. $EL

Tidal Investments LLC raised its holdings in shares of The Estee Lauder Companies Inc. (NYSE:EL) by 24.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,137,758 shares of the company’s stock after buying an additional 226,888 shares during the period. Tidal Investments LLC’s holdings in Estee Lauder Companies were worth $89,826,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of EL. REAP Financial Group LLC purchased a new stake in Estee Lauder Companies in the fourth quarter worth $27,000. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna purchased a new stake in shares of Estee Lauder Companies during the fourth quarter valued at $27,000. Trust Co. of Vermont bought a new position in shares of Estee Lauder Companies in the second quarter worth about $28,000. Kozak & Associates Inc. bought a new position in shares of Estee Lauder Companies in the second quarter worth about $30,000. Finally, IFP Advisors Inc increased its stake in Estee Lauder Companies by 35.2% in the 2nd quarter. IFP Advisors Inc now owns 415 shares of the company’s stock worth $33,000 after buying an additional 108 shares during the period. 55.15% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Estee Lauder Companies

In other news, VP Rashida La Lande sold 7,766 shares of the company’s stock in a transaction on Friday, August 28th. The stock was sold at an average price of $103.32, for a total transaction of $802,383.12. Following the transaction, the vice president directly owned 14,357 shares of the company’s stock, valued at approximately $1,483,365.24. This represents a 35.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 13.05% of the company’s stock.

Wall Street Analyst Weigh In

EL has been the subject of several research reports. JPMorgan Chase & Co. boosted their price objective on shares of Estee Lauder Companies from $94.00 to $112.00 and gave the company an “overweight” rating in a research report on Thursday, August 20th. Weiss Ratings upgraded Estee Lauder Companies from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, August 21st. Wells Fargo & Company increased their price objective on Estee Lauder Companies from $85.00 to $104.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 20th. Zacks Research downgraded Estee Lauder Companies from a “strong-buy” rating to a “hold” rating in a report on Friday, July 10th. Finally, Sanford C. Bernstein began coverage on Estee Lauder Companies in a research report on Friday, June 12th. They set a “market perform” rating and a $82.00 price target on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Estee Lauder Companies presently has an average rating of “Hold” and a consensus target price of $104.67.

Estee Lauder Companies Trading Down 3.0%

Shares of NYSE EL opened at $98.64 on Thursday. The business has a fifty day moving average price of $89.82 and a 200 day moving average price of $85.99. The Estee Lauder Companies Inc. has a 1-year low of $66.22 and a 1-year high of $121.64. The company has a debt-to-equity ratio of 1.79, a current ratio of 1.22 and a quick ratio of 0.90. The stock has a market capitalization of $35.69 billion, a P/E ratio of 201.31, a price-to-earnings-growth ratio of 1.18 and a beta of 1.28.

Estee Lauder Companies (NYSE:EL) last released its quarterly earnings results on Wednesday, August 19th. The company reported $0.39 EPS for the quarter, beating the consensus estimate of $0.32 by $0.07. Estee Lauder Companies had a net margin of 1.21% and a return on equity of 23.52%. The business had revenue of $3.64 billion during the quarter, compared to analyst estimates of $3.55 billion. During the same period in the prior year, the firm posted $0.09 earnings per share. The company’s quarterly revenue was up 6.3% on a year-over-year basis. Estee Lauder Companies has set its FY 2027 guidance at 3.100-3.350 EPS. Equities research analysts expect that The Estee Lauder Companies Inc. will post 3.3 EPS for the current fiscal year.

Estee Lauder Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be paid a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 1.4%. The ex-dividend date is Monday, August 31st. Estee Lauder Companies’s dividend payout ratio (DPR) is 285.71%.

Estee Lauder Companies Profile

The Estée Lauder Companies Inc is a global beauty company that develops, manufactures and markets prestige skincare, makeup, fragrance and hair-care products. Its portfolio includes Estée Lauder, Clinique, M·A·C, Bobbi Brown Cosmetics, La Mer, Jo Malone London, Aveda, Tom Ford Beauty and The Ordinary, among other brands.

Founded in 1946 by Estée and Joseph Lauder, the company began with four skincare products and has expanded into a broad international beauty business. Its products are sold through department and specialty stores, freestanding stores, e-commerce platforms, travel retail locations and other distribution channels.

Estée Lauder Companies serves consumers in markets around the world, including North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa.