Jessup Wealth Management Inc Buys Shares of 60,405 The Estee Lauder Companies Inc. $EL

Jessup Wealth Management Inc purchased a new stake in The Estee Lauder Companies Inc. (NYSE:EL) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 60,405 shares of the company’s stock, valued at approximately $6,326,000. Estee Lauder Companies accounts for about 2.1% of Jessup Wealth Management Inc’s holdings, making the stock its 16th largest position.

Several other institutional investors and hedge funds also recently made changes to their positions in EL. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Estee Lauder Companies by 4.8% in 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 during the period. NewEdge Advisors LLC grew its stake in Estee Lauder Companies by 33.4% during the first quarter. NewEdge Advisors LLC now owns 6,992 shares of the company’s stock worth $462,000 after purchasing an additional 1,749 shares during the period. Empowered Funds LLC grew its stake in Estee Lauder Companies by 24.1% during the first quarter. Empowered Funds LLC now owns 4,619 shares of the company’s stock worth $305,000 after purchasing an additional 898 shares during the period. EverSource Wealth Advisors LLC grew its stake in Estee Lauder Companies by 23.2% during the second quarter. EverSource Wealth Advisors LLC now owns 997 shares of the company’s stock worth $81,000 after purchasing an additional 188 shares during the period. Finally, First Trust Advisors LP grew its stake 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 worth $1,093,000 after purchasing an additional 4,826 shares during the period. Institutional investors and hedge funds own 55.15% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently commented on EL shares. UBS Group raised their target price on Estee Lauder Companies from $75.00 to $85.00 and gave the stock a “neutral” rating in a research note on Monday, May 4th. Zacks Research raised Estee Lauder Companies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 12th. Piper Sandler started coverage on Estee Lauder Companies in a report on Friday, May 15th. They issued an “overweight” rating and a $95.00 price target on the stock. Deutsche Bank Aktiengesellschaft cut their price target on Estee Lauder Companies from $124.00 to $108.00 and set a “buy” rating on the stock in a report on Monday, March 30th. Finally, Wall Street Zen lowered Estee Lauder Companies from a “buy” rating to a “hold” rating in a report on Saturday, April 4th. Two investment 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 currently has a consensus rating of “Moderate Buy” and an average target price of $101.63.

Estee Lauder Companies Stock Down 1.3%

EL stock opened at $85.44 on Thursday. The Estee Lauder Companies Inc. has a twelve month low of $66.22 and a twelve month high of $121.64. 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 is $79.61 and its 200-day moving average is $94.62. The firm has a market capitalization of $30.91 billion, a PE ratio of -122.06, a P/E/G ratio of 0.89 and a beta of 1.26.

Estee Lauder Companies (NYSE:EL) last posted its earnings results 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. Estee Lauder Companies had a positive return on equity of 20.66% and a negative net margin of 1.67%.The company had revenue of $3.71 billion for the quarter, compared to analyst estimates of $3.69 billion. During the same quarter last year, the company earned $0.65 earnings per share. The company’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. Sell-side analysts expect that The Estee Lauder Companies Inc. will post 2.41 EPS for the current fiscal year.

Estee Lauder Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors 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 is Friday, May 29th. Estee Lauder Companies’s dividend payout ratio (DPR) 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.