Mitsubishi UFJ Asset Management Co. Ltd. Buys 38,233 Shares of The Estee Lauder Companies Inc. $EL

Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in shares of The Estee Lauder Companies Inc. (NYSE:EL) by 7.6% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 544,415 shares of the company’s stock after acquiring an additional 38,233 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Estee Lauder Companies were worth $58,122,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of EL. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Estee Lauder Companies by 4.8% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,898 shares of the company’s stock valued at $1,709,000 after buying an additional 1,177 shares in the last quarter. NewEdge Advisors LLC raised its holdings in Estee Lauder Companies by 33.4% during the first quarter. NewEdge Advisors LLC now owns 6,992 shares of the company’s stock valued at $462,000 after buying an additional 1,749 shares in the last quarter. Empowered Funds LLC raised its holdings in Estee Lauder Companies by 24.1% during the first quarter. Empowered Funds LLC now owns 4,619 shares of the company’s stock valued at $305,000 after buying an additional 898 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in Estee Lauder Companies by 23.2% during the second quarter. EverSource Wealth Advisors LLC now owns 997 shares of the company’s stock valued at $81,000 after buying an additional 188 shares in the last quarter. Finally, First Trust Advisors LP raised its holdings in Estee Lauder Companies by 55.5% during the second quarter. First Trust Advisors LP now owns 13,522 shares of the company’s stock valued at $1,093,000 after buying an additional 4,826 shares in the last quarter. 55.15% of the stock is currently owned by institutional investors.

Estee Lauder Companies Trading Up 1.0%

Shares of EL opened at $86.11 on Friday. 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 50-day moving average price is $81.93 and its 200 day moving average price is $96.20. The firm has a market capitalization of $31.15 billion, a price-to-earnings ratio of -123.01, a P/E/G ratio of 0.89 and a beta of 1.22. The Estee Lauder Companies Inc. has a 12-month low of $60.92 and a 12-month high of $121.64.

Estee Lauder Companies (NYSE:EL) last released its quarterly earnings data on Friday, May 1st. The company reported $0.91 earnings per share for the quarter, beating analysts’ consensus estimates of $0.66 by $0.25. The company had revenue of $3.71 billion for the quarter, compared to the consensus estimate of $3.69 billion. Estee Lauder Companies had a positive return on equity of 20.66% and a negative net margin of 1.67%.The company’s quarterly revenue was up 4.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.65 earnings per share. Estee Lauder Companies has set its FY 2026 guidance at 2.330-2.430 EPS. As a group, research analysts predict that The Estee Lauder Companies Inc. will post 2.39 earnings per share for the current year.

Estee Lauder Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend is Friday, May 29th. Estee Lauder Companies’s payout ratio is presently -200.00%.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on EL shares. Citigroup cut their target price on Estee Lauder Companies from $120.00 to $92.00 and set a “buy” rating on the stock in a report on Wednesday, April 15th. Jefferies Financial Group assumed coverage on Estee Lauder Companies in a research note on Wednesday, January 14th. They issued a “hold” rating and a $110.00 price objective on the stock. Zacks Research lowered Estee Lauder Companies from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 9th. Canaccord Genuity Group lifted their price objective on Estee Lauder Companies from $80.00 to $85.00 and gave the stock a “hold” rating in a research note on Monday, May 4th. Finally, Barclays lifted their price objective on Estee Lauder Companies from $72.00 to $75.00 and gave the stock an “equal weight” rating in a research note on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $101.00.

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.