Forsta AP Fonden Buys 1,500 Shares of The Estee Lauder Companies Inc. $EL

Forsta AP Fonden grew its stake in shares of The Estee Lauder Companies Inc. (NYSE:EL) by 3.5% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 44,790 shares of the company’s stock after acquiring an additional 1,500 shares during the quarter. Forsta AP Fonden’s holdings in Estee Lauder Companies were worth $3,619,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Independent Franchise Partners LLP lifted its position in Estee Lauder Companies by 1.5% during the first quarter. Independent Franchise Partners LLP now owns 7,976,434 shares of the company’s stock valued at $526,445,000 after purchasing an additional 118,276 shares during the period. Invesco Ltd. grew its position in Estee Lauder Companies by 21.9% in the 1st quarter. Invesco Ltd. now owns 6,681,785 shares of the company’s stock worth $440,998,000 after purchasing an additional 1,200,537 shares during the period. American Century Companies Inc. raised its stake in Estee Lauder Companies by 34.9% during the 1st quarter. American Century Companies Inc. now owns 4,511,115 shares of the company’s stock valued at $297,734,000 after buying an additional 1,167,508 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Estee Lauder Companies by 35.2% during the 2nd quarter. Bank of New York Mellon Corp now owns 4,175,394 shares of the company’s stock valued at $337,372,000 after buying an additional 1,086,514 shares during the period. Finally, Northern Trust Corp lifted its holdings in shares of Estee Lauder Companies by 3.4% during the 1st quarter. Northern Trust Corp now owns 2,445,947 shares of the company’s stock valued at $161,433,000 after buying an additional 80,387 shares during the period. 55.15% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on EL. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Estee Lauder Companies in a report on Wednesday, October 8th. Citigroup raised their target price on Estee Lauder Companies from $95.00 to $105.00 and gave the stock a “neutral” rating in a research report on Friday, October 31st. UBS Group boosted their price target on Estee Lauder Companies from $93.00 to $105.00 and gave the company a “neutral” rating in a research note on Friday, October 31st. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Estee Lauder Companies from $98.00 to $100.00 and gave the stock a “buy” rating in a research note on Thursday, August 21st. Finally, Wells Fargo & Company boosted their target price on shares of Estee Lauder Companies from $90.00 to $95.00 and gave the company an “equal weight” rating in a research report on Friday, October 31st. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $95.65.

Estee Lauder Companies Trading Down 2.0%

Shares of NYSE:EL opened at $88.13 on Friday. The stock has a 50 day moving average of $91.64 and a 200 day moving average of $83.70. The company has a market cap of $31.76 billion, a PE ratio of -28.07, a price-to-earnings-growth ratio of 1.77 and a beta of 1.19. The Estee Lauder Companies Inc. has a 12-month low of $48.37 and a 12-month high of $104.53. The company has a current ratio of 1.30, a quick ratio of 0.92 and a debt-to-equity ratio of 1.89.

Estee Lauder Companies (NYSE:EL) last issued its quarterly earnings results on Thursday, October 30th. The company reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.17. The business had revenue of $3.48 billion for the quarter, compared to the consensus estimate of $3.38 billion. Estee Lauder Companies had a negative net margin of 7.91% and a positive return on equity of 12.37%. The company’s revenue for the quarter was up 3.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.14 earnings per share. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. As a group, equities research analysts expect that The Estee Lauder Companies Inc. will post 1.36 EPS for the current year.

Estee Lauder Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Investors of record on Friday, November 28th will be issued a $0.35 dividend. The ex-dividend date of this dividend is Friday, November 28th. This represents a $1.40 annualized dividend and a yield of 1.6%. Estee Lauder Companies’s dividend payout ratio is currently -54.26%.

Insiders Place Their Bets

In related news, Director Lynn Forester sold 3,702 shares of the stock in a transaction dated Friday, August 29th. The stock was sold at an average price of $91.65, for a total transaction of $339,288.30. Following the completion of the sale, the director owned 15,479 shares in the company, valued at approximately $1,418,650.35. This trade represents a 19.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Barry S. Sternlicht sold 3,972 shares of Estee Lauder Companies stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $91.83, for a total value of $364,748.76. Following the sale, the director directly owned 34,812 shares in the company, valued at $3,196,785.96. This trade represents a 10.24% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 14,091 shares of company stock worth $1,293,631. Corporate insiders own 13.05% of the company’s stock.

Estee Lauder Companies Company Profile

The Estée Lauder Companies Inc manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. It offers skin care products, including moisturizers, serums, cleansers, toners, body care, exfoliators, acne care and oil correctors, facial masks, and sun care products; and makeup products, such as lipsticks, lip glosses, mascaras, foundations, eyeshadows, and powders, as well as compacts, brushes, and other makeup tools.