Raiffeisen Bank International AG Purchases 9,007 Shares of The Estee Lauder Companies Inc. $EL

Raiffeisen Bank International AG increased its position in The Estee Lauder Companies Inc. (NYSE:EL) by 112.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,045 shares of the company’s stock after purchasing an additional 9,007 shares during the quarter. Raiffeisen Bank International AG’s holdings in Estee Lauder Companies were worth $1,353,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Eurizon Capital SGR S.p.A. acquired a new position in Estee Lauder Companies in the fourth quarter valued at about $14,619,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in shares of Estee Lauder Companies during the fourth quarter worth $19,438,000. Pictet Asset Management Holding SA increased its holdings in Estee Lauder Companies by 14.6% during the 1st quarter. Pictet Asset Management Holding SA now owns 973,478 shares of the company’s stock worth $69,854,000 after purchasing an additional 124,079 shares in the last quarter. North Dakota State Investment Board acquired a new stake in Estee Lauder Companies in the 4th quarter valued at approximately $2,728,000. Finally, Geode Capital Management LLC lifted its position in shares of Estee Lauder Companies by 5.5% in the fourth quarter. Geode Capital Management LLC now owns 6,308,108 shares of the company’s stock worth $658,020,000 after purchasing an additional 331,530 shares in the last quarter. 55.15% of the stock is currently owned by institutional investors and hedge funds.

Estee Lauder Companies Trading Up 2.9%

Shares of NYSE EL opened at $103.81 on Friday. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.90 and a current ratio of 1.22. The Estee Lauder Companies Inc. has a 52-week low of $66.22 and a 52-week high of $121.64. The firm has a 50 day moving average price of $88.55 and a two-hundred day moving average price of $86.37. The stock has a market cap of $37.56 billion, a P/E ratio of 211.86, a price-to-earnings-growth ratio of 1.20 and a beta of 1.28.

Estee Lauder Companies (NYSE:EL) last issued 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 net margin of 1.21% and a return on equity of 23.52%. The company had revenue of $3.64 billion for the quarter, compared to analyst estimates of $3.55 billion. During the same quarter in the previous year, the business earned $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 forecast that The Estee Lauder Companies Inc. will post 3.3 EPS for the current year.

Estee Lauder Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be issued a dividend of $0.35 per share. The ex-dividend date is Monday, August 31st. This represents a $1.40 annualized dividend and a yield of 1.3%. Estee Lauder Companies’s dividend payout ratio is presently 285.71%.

Insiders Place Their Bets

In other news, VP Rashida La Lande sold 7,766 shares of the firm’s stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $103.32, for a total value of $802,383.12. Following the transaction, the vice president 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 13.05% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $111.00 price objective on shares of Estee Lauder Companies in a research report on Monday, August 17th. Telsey Advisory Group raised 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. JPMorgan Chase & Co. lifted their price objective on shares of Estee Lauder Companies from $94.00 to $112.00 and gave the stock an “overweight” rating in a research report on Thursday, August 20th. Morgan Stanley upped their price objective on shares of Estee Lauder Companies from $90.00 to $102.00 and gave the company an “equal weight” rating in a report on Thursday, August 20th. Finally, Zacks Research cut shares of Estee Lauder Companies from a “strong-buy” rating to a “hold” rating in a report on Friday, July 10th. Two investment analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Estee Lauder Companies currently has an average rating of “Hold” and a consensus price target of $104.67.

Estee Lauder Companies Profile

Estée Lauder Companies Inc (NYSE: EL) is a global leader in prestige beauty that develops, manufactures and markets a broad portfolio of skincare, makeup, fragrance and hair care products. Founded in 1946 by Estée Lauder, the company has grown from a small family business into a multinational consumer-products enterprise headquartered in New York City. Its activities span product research and development, brand and product marketing, manufacturing and global distribution across multiple retail channels.

The company’s portfolio includes a mix of legacy and prestige brands that target different consumer segments and price points, with well-known names such as Estée Lauder, Clinique, MAC, La Mer and Jo Malone among others.