Lbp Am Sa purchased a new stake in The Estee Lauder Companies Inc. (NYSE:EL – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 32,193 shares of the company’s stock, valued at approximately $2,601,000.
Other institutional investors and hedge funds also recently modified their holdings of the company. Mather Group LLC. lifted its holdings in shares of Estee Lauder Companies by 442.5% in the first quarter. Mather Group LLC. now owns 1,367 shares of the company’s stock valued at $90,000 after purchasing an additional 1,115 shares in the last quarter. Golden State Wealth Management LLC lifted its holdings in shares of Estee Lauder Companies by 57.3% in the first quarter. Golden State Wealth Management LLC now owns 626 shares of the company’s stock valued at $41,000 after purchasing an additional 228 shares in the last quarter. Bessemer Group Inc. lifted its holdings in shares of Estee Lauder Companies by 70.2% in the first quarter. Bessemer Group Inc. now owns 4,753 shares of the company’s stock valued at $313,000 after purchasing an additional 1,961 shares in the last quarter. GAMMA Investing LLC lifted its holdings in shares of Estee Lauder Companies by 27.0% in the first quarter. GAMMA Investing LLC now owns 3,620 shares of the company’s stock valued at $239,000 after purchasing an additional 770 shares in the last quarter. Finally, Union Bancaire Privee UBP SA purchased a new stake in shares of Estee Lauder Companies in the second quarter valued at about $3,006,000. Hedge funds and other institutional investors own 55.15% of the company’s stock.
Insider Buying and Selling at Estee Lauder Companies
In other news, VP Lande Rashida La sold 6,417 shares of the stock in a transaction on Thursday, August 28th. The shares were sold at an average price of $91.88, for a total value of $589,593.96. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Lynn Forester sold 3,702 shares of the stock in a transaction on 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 directly owned 15,479 shares of the company’s stock, valued at $1,418,650.35. The trade was a 19.30% decrease in their position. The disclosure for this sale can be found here. 13.05% of the stock is owned by corporate insiders.
Analysts Set New Price Targets
Check Out Our Latest Report on Estee Lauder Companies
Estee Lauder Companies Stock Performance
Shares of EL stock opened at $88.90 on Friday. The Estee Lauder Companies Inc. has a one year low of $48.37 and a one year high of $97.44. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.92 and a current ratio of 1.30. The company has a 50 day moving average price of $89.52 and a 200 day moving average price of $75.94. The firm has a market capitalization of $32.00 billion, a price-to-earnings ratio of -28.31, a price-to-earnings-growth ratio of 2.47 and a beta of 1.16.
Estee Lauder Companies (NYSE:EL – Get Free Report) last issued its quarterly earnings results on Wednesday, August 20th. The company reported $0.09 EPS for the quarter, topping the consensus estimate of $0.07 by $0.02. Estee Lauder Companies had a negative net margin of 7.91% and a positive return on equity of 12.37%. The firm had revenue of $3.41 billion during the quarter, compared to analyst estimates of $3.36 billion. During the same quarter in the prior year, the business posted $0.64 earnings per share. Estee Lauder Companies’s revenue for the quarter was down 11.9% compared to the same quarter last year. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. Sell-side analysts anticipate that The Estee Lauder Companies Inc. will post 1.36 EPS for the current year.
Estee Lauder Companies Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd were given a $0.35 dividend. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $1.40 annualized dividend and a dividend yield of 1.6%. Estee Lauder Companies’s dividend payout ratio is presently -44.59%.
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.
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