Swedbank AB Has $2.38 Million Stake in The Estee Lauder Companies Inc. $EL

Swedbank AB raised its stake in The Estee Lauder Companies Inc. (NYSE:EL) by 5.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 29,395 shares of the company’s stock after purchasing an additional 1,476 shares during the period. Swedbank AB’s holdings in Estee Lauder Companies were worth $2,375,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Independent Franchise Partners LLP lifted its holdings in shares of Estee Lauder Companies by 1.5% in the first quarter. Independent Franchise Partners LLP now owns 7,976,434 shares of the company’s stock worth $526,445,000 after acquiring an additional 118,276 shares during the last quarter. Invesco Ltd. raised its stake in shares of Estee Lauder Companies by 21.9% during the 1st quarter. Invesco Ltd. now owns 6,681,785 shares of the company’s stock worth $440,998,000 after purchasing an additional 1,200,537 shares during the period. American Century Companies Inc. increased its holdings in Estee Lauder Companies by 34.9% in the 1st quarter. American Century Companies Inc. now owns 4,511,115 shares of the company’s stock worth $297,734,000 after acquiring an additional 1,167,508 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in Estee Lauder Companies by 3.9% during the 1st quarter. Bank of New York Mellon Corp now owns 3,088,880 shares of the company’s stock valued at $203,866,000 after buying an additional 117,330 shares in the last quarter. Finally, Northern Trust Corp grew its holdings in shares of Estee Lauder Companies by 3.4% during the first quarter. Northern Trust Corp now owns 2,445,947 shares of the company’s stock worth $161,433,000 after purchasing an additional 80,387 shares in the last quarter. Institutional investors own 55.15% of the company’s stock.

Insider Activity

In other news, Director Lynn Forester sold 3,702 shares of the business’s stock in a transaction dated Friday, August 29th. The stock was sold at an average price of $91.65, for a total value of $339,288.30. Following the completion of the sale, the director directly owned 15,479 shares of the company’s stock, valued at approximately $1,418,650.35. The trade was a 19.30% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Lande Rashida La sold 6,417 shares of the business’s stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $91.88, for a total value of $589,593.96. The disclosure for this sale can be found here. 12.78% of the stock is currently owned by insiders.

Estee Lauder Companies Price Performance

NYSE:EL opened at $87.73 on Monday. The stock has a 50 day moving average price of $89.60 and a 200 day moving average price of $74.90. 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 stock has a market cap of $31.57 billion, a PE ratio of -27.94, a P/E/G ratio of 2.51 and a beta of 1.15. The Estee Lauder Companies Inc. has a one year low of $48.37 and a one 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 (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.02. Estee Lauder Companies had a positive return on equity of 12.37% and a negative net margin of 7.91%.The company had revenue of $3.41 billion during the quarter, compared to analysts’ expectations of $3.36 billion. During the same quarter last year, the firm earned $0.64 earnings per share. The firm’s quarterly revenue 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. Equities research analysts expect that The Estee Lauder Companies Inc. will post 1.36 EPS for the current fiscal year.

Estee Lauder Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd were issued 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 Tuesday, September 2nd. Estee Lauder Companies’s payout ratio is -44.59%.

Analyst Upgrades and Downgrades

EL has been the subject of several recent research reports. Bank of America initiated coverage on Estee Lauder Companies in a research report on Thursday, July 10th. They issued a “buy” rating and a $110.00 price objective for the company. Wall Street Zen cut Estee Lauder Companies from a “hold” rating to a “sell” rating in a research note on Friday, August 22nd. Deutsche Bank Aktiengesellschaft increased their target price on Estee Lauder Companies from $98.00 to $100.00 and gave the company a “buy” rating in a report on Thursday, August 21st. Canaccord Genuity Group lifted their target price on Estee Lauder Companies from $62.00 to $85.00 and gave the company a “hold” rating in a research note on Monday, August 18th. Finally, Evercore ISI boosted their target price on shares of Estee Lauder Companies from $100.00 to $115.00 and gave the company an “outperform” rating in a research note on Monday, September 15th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and twelve have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $88.55.

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.