Hsbc Holdings PLC Cuts Position in The Estee Lauder Companies Inc. $EL

Hsbc Holdings PLC lessened its position in The Estee Lauder Companies Inc. (NYSE:EL) by 3.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 490,168 shares of the company’s stock after selling 18,956 shares during the quarter. Hsbc Holdings PLC owned 0.14% of Estee Lauder Companies worth $39,503,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in EL. Generali Asset Management SPA SGR increased its position in shares of Estee Lauder Companies by 1.6% during the 2nd quarter. Generali Asset Management SPA SGR now owns 7,361 shares of the company’s stock valued at $595,000 after purchasing an additional 119 shares during the last quarter. Joel Isaacson & Co. LLC boosted its stake in Estee Lauder Companies by 0.4% in the second quarter. Joel Isaacson & Co. LLC now owns 28,826 shares of the company’s stock worth $2,329,000 after buying an additional 120 shares in the last quarter. LRI Investments LLC grew its position in Estee Lauder Companies by 2.6% during the second quarter. LRI Investments LLC now owns 5,007 shares of the company’s stock valued at $405,000 after acquiring an additional 126 shares during the last quarter. Legacy Wealth Asset Management LLC raised its stake in shares of Estee Lauder Companies by 2.2% during the second quarter. Legacy Wealth Asset Management LLC now owns 5,950 shares of the company’s stock worth $481,000 after acquiring an additional 129 shares in the last quarter. Finally, Signaturefd LLC lifted its holdings in shares of Estee Lauder Companies by 9.3% in the 2nd quarter. Signaturefd LLC now owns 1,815 shares of the company’s stock worth $147,000 after acquiring an additional 154 shares during the last quarter. Institutional investors own 55.15% of the company’s stock.

Insiders Place Their Bets

In other Estee Lauder Companies news, Director Barry S. Sternlicht sold 3,972 shares of the company’s stock in a transaction 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 completion of the transaction, the director directly owned 34,812 shares in the company, valued at approximately $3,196,785.96. This represents a 10.24% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Meridith Webster sold 5,430 shares of Estee Lauder Companies stock in a transaction dated Tuesday, November 18th. The shares were sold at an average price of $87.84, for a total transaction of $476,971.20. The SEC filing for this sale provides additional information. 13.05% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

EL has been the topic of several recent research reports. The Goldman Sachs Group raised shares of Estee Lauder Companies from a “neutral” rating to a “buy” rating and increased their target price for the company from $76.00 to $115.00 in a report on Monday, October 13th. Deutsche Bank Aktiengesellschaft raised their price objective on Estee Lauder Companies from $98.00 to $100.00 and gave the company a “buy” rating in a research note on Thursday, August 21st. Royal Bank Of Canada boosted their target price on Estee Lauder Companies from $107.00 to $113.00 and gave the company an “outperform” rating in a research note on Friday, October 31st. Wells Fargo & Company increased their target price on Estee Lauder Companies from $90.00 to $95.00 and gave the company an “equal weight” rating in a report on Friday, October 31st. Finally, JPMorgan Chase & Co. lifted their price target on Estee Lauder Companies from $114.00 to $116.00 and gave the stock an “overweight” rating in a research note on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $94.43.

Estee Lauder Companies Stock Up 0.7%

NYSE EL opened at $94.70 on Tuesday. The Estee Lauder Companies Inc. has a 1 year low of $48.37 and a 1 year high of $104.53. The stock has a market capitalization of $34.12 billion, a PE ratio of -30.16, a PEG ratio of 1.77 and a beta of 1.19. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.30 and a quick ratio of 0.92. The business’s 50-day moving average is $92.34 and its 200 day moving average is $86.15.

Estee Lauder Companies (NYSE:EL) last released its quarterly earnings data on Thursday, October 30th. The company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.17. The business had revenue of $3.48 billion during the quarter, compared to analysts’ expectations of $3.38 billion. Estee Lauder Companies had a positive return on equity of 12.37% and a negative net margin of 7.91%.The business’s revenue was up 3.6% on a year-over-year basis. During the same quarter last year, the business posted $0.14 EPS. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. Sell-side analysts forecast that The Estee Lauder Companies Inc. will post 1.36 earnings per share for the current year.

Estee Lauder Companies Dividend Announcement

The business also recently declared 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 is Friday, November 28th. This represents a $1.40 annualized dividend and a yield of 1.5%. Estee Lauder Companies’s payout ratio is -54.26%.

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.