Texas Permanent School Fund Corp Cuts Stock Holdings in The Estee Lauder Companies Inc. $EL

Texas Permanent School Fund Corp lowered its position in shares of The Estee Lauder Companies Inc. (NYSE:EL) by 34.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,170 shares of the company’s stock after selling 8,504 shares during the period. Texas Permanent School Fund Corp’s holdings in Estee Lauder Companies were worth $1,307,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD increased its holdings in shares of Estee Lauder Companies by 133.5% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 781,341 shares of the company’s stock worth $51,570,000 after purchasing an additional 446,662 shares in the last quarter. Allstate Corp lifted its holdings in shares of Estee Lauder Companies by 52.4% during the first quarter. Allstate Corp now owns 10,416 shares of the company’s stock valued at $687,000 after purchasing an additional 3,580 shares in the last quarter. Smartleaf Asset Management LLC boosted its position in shares of Estee Lauder Companies by 64.5% during the first quarter. Smartleaf Asset Management LLC now owns 788 shares of the company’s stock valued at $52,000 after buying an additional 309 shares during the last quarter. J. Stern & Co. LLP increased its holdings in Estee Lauder Companies by 36.0% in the 1st quarter. J. Stern & Co. LLP now owns 41,311 shares of the company’s stock worth $2,727,000 after buying an additional 10,932 shares in the last quarter. Finally, FORA Capital LLC increased its holdings in Estee Lauder Companies by 219.3% in the 1st quarter. FORA Capital LLC now owns 28,197 shares of the company’s stock worth $1,861,000 after buying an additional 19,367 shares in the last quarter. 55.15% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Estee Lauder Companies news, VP Meridith Webster sold 5,430 shares of the company’s stock in a transaction that occurred on Tuesday, November 18th. The shares were sold at an average price of $87.84, for a total value of $476,971.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Barry S. Sternlicht sold 3,972 shares of the stock in a transaction on Tuesday, November 11th. The stock was sold at an average price of $91.83, for a total transaction of $364,748.76. Following the completion of the sale, the director directly owned 34,812 shares of the company’s stock, valued at approximately $3,196,785.96. This trade represents a 10.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 13.05% of the company’s stock.

Estee Lauder Companies Stock Down 1.0%

Shares of EL stock opened at $107.61 on Wednesday. The company has a current ratio of 1.32, a quick ratio of 0.92 and a debt-to-equity ratio of 1.88. The Estee Lauder Companies Inc. has a 12 month low of $48.37 and a 12 month high of $110.37. The stock has a market cap of $38.78 billion, a P/E ratio of -41.71, a P/E/G ratio of 1.29 and a beta of 1.18. The company has a 50 day simple moving average of $97.26 and a two-hundred day simple moving average of $90.48.

Estee Lauder Companies (NYSE:EL) last posted its quarterly earnings data on Thursday, October 30th. The company reported $0.32 EPS for the quarter, topping the consensus estimate of $0.15 by $0.17. Estee Lauder Companies had a positive return on equity of 14.92% and a negative net margin of 6.44%.The firm had revenue of $3.48 billion during the quarter, compared to analyst estimates of $3.38 billion. During the same period in the prior year, the business posted $0.14 EPS. Estee Lauder Companies’s revenue was up 3.6% on a year-over-year basis. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. On average, research analysts expect that The Estee Lauder Companies Inc. will post 1.36 earnings per share for the current year.

Estee Lauder Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Friday, November 28th were given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Friday, November 28th. Estee Lauder Companies’s payout ratio is presently -54.26%.

Analysts Set New Price Targets

A number of brokerages have weighed in on EL. Wells Fargo & Company boosted their target price on Estee Lauder Companies from $90.00 to $95.00 and gave the stock an “equal weight” rating in a research report on Friday, October 31st. JPMorgan Chase & Co. boosted their price objective on shares of Estee Lauder Companies from $114.00 to $116.00 and gave the company an “overweight” rating in a report on Friday, October 31st. Citigroup raised their target price on shares of Estee Lauder Companies from $105.00 to $110.00 and gave the stock a “neutral” rating in a report on Wednesday, December 17th. Rothschild Redb downgraded shares of Estee Lauder Companies from a “hold” rating to a “strong sell” rating in a research report on Tuesday, November 25th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Estee Lauder Companies in a report on Wednesday, October 8th. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, ten have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, Estee Lauder Companies has a consensus rating of “Hold” and an average price target of $95.14.

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.