6,479 The Estee Lauder Companies Inc. $EL Shares Acquired by Quintet Private Bank Europe S.A.

Quintet Private Bank Europe S.A. grew its holdings in The Estee Lauder Companies Inc. (NYSE:EL) by 21.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 37,110 shares of the company’s stock after acquiring an additional 6,479 shares during the period. Quintet Private Bank Europe S.A.’s holdings in Estee Lauder Companies were worth $3,443,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the business. CX Institutional lifted its stake in Estee Lauder Companies by 12.3% in the 3rd quarter. CX Institutional now owns 3,976 shares of the company’s stock worth $369,000 after purchasing an additional 437 shares in the last quarter. Versant Capital Management Inc grew its position in shares of Estee Lauder Companies by 16.4% during the third quarter. Versant Capital Management Inc now owns 2,930 shares of the company’s stock valued at $272,000 after purchasing an additional 413 shares in the last quarter. Cacti Asset Management LLC increased its holdings in shares of Estee Lauder Companies by 75.5% in the third quarter. Cacti Asset Management LLC now owns 230,475 shares of the company’s stock worth $21,750,000 after purchasing an additional 99,142 shares during the last quarter. Parrish Capital LLC increased its holdings in shares of Estee Lauder Companies by 25.1% in the third quarter. Parrish Capital LLC now owns 7,460 shares of the company’s stock worth $692,000 after purchasing an additional 1,495 shares during the last quarter. Finally, QRG Capital Management Inc. boosted its stake in Estee Lauder Companies by 3.0% during the second quarter. QRG Capital Management Inc. now owns 4,569 shares of the company’s stock valued at $361,000 after buying an additional 135 shares during the last quarter. Hedge funds and other institutional investors own 55.15% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on EL shares. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $111.00 price target on shares of Estee Lauder Companies in a report on Monday, August 17th. Piper Sandler upped their price objective on Estee Lauder Companies from $95.00 to $115.00 and gave the company an “overweight” rating in a research report on Thursday, August 20th. Jefferies Financial Group lifted their target price on Estee Lauder Companies from $88.00 to $100.00 and gave the stock a “hold” rating in a report on Thursday, August 20th. Weiss Ratings raised Estee Lauder Companies from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, August 21st. Finally, Telsey Advisory Group increased their price target on Estee Lauder Companies from $90.00 to $108.00 and gave the company a “market perform” rating in a report on Thursday, August 20th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $104.76.

Insider Transactions at Estee Lauder Companies

In related news, Director Paul Fribourg sold 58,000 shares of Estee Lauder Companies stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $98.17, for a total transaction of $5,693,860.00. Following the completion of the sale, the director owned 417,300 shares of the company’s stock, valued at $40,966,341. The trade was a 12.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Rashida La Lande sold 7,766 shares of the company’s stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $103.32, for a total value of $802,383.12. Following the completion of the sale, the vice president owned 14,357 shares in the company, valued at approximately $1,483,365.24. This represents a 35.10% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 75,105 shares of company stock worth $7,423,185 over the last three months. 11.54% of the stock is currently owned by insiders.

Estee Lauder Companies Stock Up 0.0%

NYSE:EL traded up $0.03 during mid-day trading on Thursday, reaching $94.48. The company’s stock had a trading volume of 634,729 shares, compared to its average volume of 3,805,696. The company has a quick ratio of 0.90, a current ratio of 1.22 and a debt-to-equity ratio of 1.79. 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 fifty day moving average of $94.79 and a 200-day moving average of $85.56. The firm has a market capitalization of $34.18 billion, a PE ratio of 192.87, a price-to-earnings-growth ratio of 1.08 and a beta of 1.27.

Estee Lauder Companies (NYSE:EL) last issued its quarterly earnings data on Wednesday, August 19th. The company reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.32 by $0.07. The firm had revenue of $3.64 billion for the quarter, compared to the consensus estimate of $3.55 billion. Estee Lauder Companies had a net margin of 1.21% and a return on equity of 23.52%. The company’s quarterly revenue was up 6.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.09 EPS. Estee Lauder Companies has set its FY 2027 guidance at 3.100-3.350 EPS. Equities research analysts forecast that The Estee Lauder Companies Inc. will post 3.31 earnings per share for the current year.

Estee Lauder Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st were issued a $0.35 dividend. The ex-dividend date of this dividend was Monday, August 31st. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.5%. Estee Lauder Companies’s dividend payout ratio is currently 285.71%.

Estee Lauder Companies Profile

The Estée Lauder Companies Inc (NYSE: EL) is a global beauty company that develops, markets and sells prestige skincare, makeup, fragrance and hair care products. Its portfolio includes brands such as Estée Lauder, Clinique, La Mer, MAC, Bobbi Brown, Jo Malone London, Aveda, The Ordinary and Tom Ford Beauty.

The company’s products are distributed through department stores, specialty retailers, freestanding stores, e-commerce platforms, travel retail outlets and other channels. Estée Lauder serves consumers in numerous markets across the Americas, Europe, the Middle East and Africa, and the Asia-Pacific region.

Estée Lauder was founded in 1946 by Estée Lauder and her husband, Joseph Lauder, beginning with a small collection of skincare products.