The Estee Lauder Companies Inc. $EL Shares Purchased by Cacti Asset Management LLC

Cacti Asset Management LLC boosted its holdings in shares of The Estee Lauder Companies Inc. (NYSE:EL) by 75.5% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 230,475 shares of the company’s stock after purchasing an additional 99,142 shares during the quarter. Estee Lauder Companies makes up approximately 1.2% of Cacti Asset Management LLC’s holdings, making the stock its 21st largest holding. Cacti Asset Management LLC’s holdings in Estee Lauder Companies were worth $21,750,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in EL. REAP Financial Group LLC purchased a new position in shares of Estee Lauder Companies during the 4th quarter valued at approximately $27,000. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna bought a new stake in shares of Estee Lauder Companies in the fourth quarter worth $27,000. Trust Co. of Vermont acquired a new stake in Estee Lauder Companies in the second quarter valued at $28,000. Kozak & Associates Inc. acquired a new stake in Estee Lauder Companies in the second quarter valued at $30,000. Finally, IFP Advisors Inc boosted its stake in Estee Lauder Companies by 35.2% during the 2nd quarter. IFP Advisors Inc now owns 415 shares of the company’s stock valued at $33,000 after acquiring an additional 108 shares during the last quarter. 55.15% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, VP Rashida La Lande sold 7,766 shares of the business’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 transaction of $802,383.12. Following the completion of the transaction, the vice president directly owned 14,357 shares in the company, valued at approximately $1,483,365.24. The trade was a 35.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Paul J. Fribourg sold 58,000 shares of the firm’s stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $98.17, for a total value of $5,693,860.00. Following the completion of the sale, the director owned 417,300 shares in the company, valued at approximately $40,966,341. This represents a 12.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 75,105 shares of company stock worth $7,423,185. Insiders own 13.05% of the company’s stock.

Estee Lauder Companies Stock Performance

EL traded down $3.06 during trading on Thursday, reaching $89.71. 1,198,112 shares of the company were exchanged, compared to its average volume of 3,840,701. The Estee Lauder Companies Inc. has a 52 week low of $66.22 and a 52 week high of $121.64. The company has a current ratio of 1.22, a quick ratio of 0.90 and a debt-to-equity ratio of 1.79. The firm has a 50 day moving average of $93.77 and a 200 day moving average of $85.38. The stock has a market cap of $32.46 billion, a P/E ratio of 183.11, a PEG ratio of 1.09 and a beta of 1.28.

Estee Lauder Companies (NYSE:EL) last posted its earnings results on Wednesday, August 19th. The company reported $0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.32 by $0.07. The company had revenue of $3.64 billion for the quarter, compared to analysts’ expectations of $3.55 billion. Estee Lauder Companies had a return on equity of 23.52% and a net margin of 1.21%.The firm’s quarterly revenue was up 6.3% compared to the same quarter last year. During the same period last year, the business posted $0.09 earnings per share. Estee Lauder Companies has set its FY 2027 guidance at 3.100-3.350 EPS. On average, sell-side analysts forecast that The Estee Lauder Companies Inc. will post 3.3 EPS for the current fiscal year.

Estee Lauder Companies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st were paid a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend was Monday, August 31st. Estee Lauder Companies’s payout ratio is presently 285.71%.

Analyst Ratings Changes

Several brokerages have weighed in on EL. Barclays raised their price objective on shares of Estee Lauder Companies from $80.00 to $97.00 and gave the stock an “equal weight” rating in a report on Friday, August 21st. The Goldman Sachs Group increased their price target on shares of Estee Lauder Companies from $100.00 to $112.00 and gave the stock a “buy” rating in a research report on Thursday, August 20th. Morgan Stanley lifted their price target on Estee Lauder Companies from $90.00 to $102.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 20th. TD Cowen boosted their price objective on Estee Lauder Companies from $90.00 to $100.00 and gave the company a “hold” rating in a report on Thursday, August 20th. Finally, China Intl Cap upgraded Estee Lauder Companies to a “strong-buy” rating in a research note on Sunday, August 30th. Two investment analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $104.67.

Estee Lauder Companies Profile

The Estée Lauder Companies Inc (NYSE: EL) is a global beauty company that develops, markets and sells prestige skincare, makeup, fragrance and hair care products. Its portfolio includes brands such as Estée Lauder, Clinique, La Mer, MAC, Bobbi Brown, Jo Malone London, Aveda, The Ordinary and Tom Ford Beauty.

The company’s products are distributed through department stores, specialty retailers, freestanding stores, e-commerce platforms, travel retail outlets and other channels. Estée Lauder serves consumers in numerous markets across the Americas, Europe, the Middle East and Africa, and the Asia-Pacific region.

Estée Lauder was founded in 1946 by Estée Lauder and her husband, Joseph Lauder, beginning with a small collection of skincare products.