National Pension Service Has $5.33 Million Stock Position in The Estee Lauder Companies Inc. $EL

National Pension Service reduced its stake in The Estee Lauder Companies Inc. (NYSE:EL) by 84.7% during the 2nd quarter, Holdings Channel reports. The firm owned 67,466 shares of the company’s stock after selling 373,124 shares during the period. National Pension Service’s holdings in Estee Lauder Companies were worth $5,326,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. REAP Financial Group LLC bought a new stake in Estee Lauder Companies in the fourth quarter valued at about $27,000. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna acquired a new position in Estee Lauder Companies in the fourth quarter valued at about $27,000. Trust Co. of Vermont bought a new position in Estee Lauder Companies during the second quarter worth about $28,000. Kozak & Associates Inc. bought a new position in Estee Lauder Companies during the second quarter worth about $30,000. Finally, IFP Advisors Inc grew its position in shares of Estee Lauder Companies by 35.2% during 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 owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, VP Rashida La Lande sold 7,766 shares of the firm’s stock in a transaction on Friday, August 28th. The shares were sold at an average price of $103.32, for a total transaction of $802,383.12. Following the sale, the vice president directly owned 14,357 shares in the company, valued at $1,483,365.24. This trade represents a 35.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Charlene Barshefsky sold 3,775 shares of the business’s stock in a transaction on Wednesday, September 9th. The shares were sold at an average price of $98.82, for a total transaction of $373,045.50. Following the completion of the sale, the director directly owned 50,971 shares in the company, valued at $5,036,954.22. This represents a 6.90% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 17,105 shares of company stock worth $1,729,325. Insiders own 13.05% of the company’s stock.

Wall Street Analyst Weigh In

EL has been the subject of a number of recent analyst reports. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $111.00 price target on shares of Estee Lauder Companies in a research note on Monday, August 17th. Weiss Ratings raised shares of Estee Lauder Companies from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday, August 21st. Wells Fargo & Company lifted their price objective on shares of 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 cut shares of Estee Lauder Companies from a “strong-buy” rating to a “hold” rating in a report on Friday, July 10th. Finally, Jefferies Financial Group upped their target price on shares of Estee Lauder Companies from $88.00 to $100.00 and gave the company a “hold” rating in a research note on Thursday, August 20th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $104.67.

Estee Lauder Companies Stock Up 0.5%

NYSE:EL opened at $96.99 on Friday. The Estee Lauder Companies Inc. has a 1 year low of $66.22 and a 1 year high of $121.64. The stock has a 50-day moving average price of $90.33 and a two-hundred day moving average price of $85.95. The stock has a market cap of $35.09 billion, a price-to-earnings ratio of 197.95, a PEG ratio of 1.13 and a beta of 1.28. The company has a current ratio of 1.22, a quick ratio of 0.90 and a debt-to-equity ratio of 1.79.

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

Estee Lauder Companies Announces Dividend

The business also recently declared 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. The ex-dividend date of this dividend is Monday, August 31st. This represents a $1.40 dividend on an annualized basis and a yield of 1.4%. Estee Lauder Companies’s payout ratio is presently 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.