Sumitomo Mitsui DS Asset Management Company Ltd Buys 757 Shares of The Estee Lauder Companies Inc. $EL

Sumitomo Mitsui DS Asset Management Company Ltd boosted its stake in shares of The Estee Lauder Companies Inc. (NYSE:EL) by 3.1% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 25,390 shares of the company’s stock after acquiring an additional 757 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Estee Lauder Companies were worth $2,052,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Bank Pictet & Cie Europe AG boosted its holdings in shares of Estee Lauder Companies by 5.4% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 91,200 shares of the company’s stock valued at $6,838,000 after purchasing an additional 4,690 shares in the last quarter. Mather Group LLC. boosted its holdings in shares of Estee Lauder Companies by 442.5% during the 1st quarter. Mather Group LLC. now owns 1,367 shares of the company’s stock valued at $90,000 after acquiring an additional 1,115 shares in the last quarter. Golden State Wealth Management LLC boosted its holdings in shares of Estee Lauder Companies by 57.3% during the 1st quarter. Golden State Wealth Management LLC now owns 626 shares of the company’s stock valued at $41,000 after acquiring an additional 228 shares in the last quarter. Bessemer Group Inc. boosted its holdings in shares of Estee Lauder Companies by 70.2% during the 1st quarter. Bessemer Group Inc. now owns 4,753 shares of the company’s stock valued at $313,000 after acquiring an additional 1,961 shares in the last quarter. Finally, GAMMA Investing LLC boosted its holdings in shares of Estee Lauder Companies by 27.0% during the 1st quarter. GAMMA Investing LLC now owns 3,620 shares of the company’s stock valued at $239,000 after acquiring an additional 770 shares in the last quarter. Institutional investors own 55.15% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on EL shares. Hsbc Global Res raised Estee Lauder Companies from a “hold” rating to a “strong-buy” rating in a report on Friday, June 27th. Wall Street Zen downgraded Estee Lauder Companies from a “hold” rating to a “sell” rating in a report on Friday, August 22nd. Royal Bank Of Canada lifted their target price on Estee Lauder Companies from $90.00 to $107.00 and gave the stock an “outperform” rating in a report on Thursday, August 21st. Telsey Advisory Group reaffirmed a “market perform” rating and set a $99.00 target price on shares of Estee Lauder Companies in a report on Wednesday, August 20th. Finally, Barclays lifted their target price on Estee Lauder Companies from $63.00 to $84.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and twelve have assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $88.55.

Estee Lauder Companies Stock Performance

Estee Lauder Companies stock opened at $87.73 on Monday. The firm’s 50 day simple moving average is $89.60 and its 200 day simple moving average is $74.90. The company has a current ratio of 1.30, a quick ratio of 0.92 and a debt-to-equity ratio of 1.89. The firm has a market capitalization of $31.57 billion, a PE ratio of -27.94, a price-to-earnings-growth ratio of 2.51 and a beta of 1.15. The Estee Lauder Companies Inc. has a 1-year low of $48.37 and a 1-year high of $103.44.

Estee Lauder Companies (NYSE:EL) last posted its earnings results on Wednesday, August 20th. The company reported $0.09 earnings per share for the quarter, topping analysts’ consensus estimates of $0.07 by $0.02. The business had revenue of $3.41 billion for the quarter, compared to analyst estimates of $3.36 billion. Estee Lauder Companies had a negative net margin of 7.91% and a positive return on equity of 12.37%. Estee Lauder Companies’s revenue was down 11.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.64 EPS. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. As a group, analysts expect that The Estee Lauder Companies Inc. will post 1.36 earnings per share for the current fiscal year.

Estee Lauder Companies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd were issued a $0.35 dividend. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.6%. Estee Lauder Companies’s dividend payout ratio is presently -44.59%.

Insiders Place Their Bets

In related 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 transaction of $589,593.96. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Lynn Forester sold 3,702 shares of Estee Lauder Companies 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 transaction, the director owned 15,479 shares in the company, valued at approximately $1,418,650.35. The trade was a 19.30% decrease in their position. The disclosure for this sale can be found here. 12.78% of the stock is owned by corporate insiders.

About Estee Lauder Companies

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.