Greenleaf Trust Purchases New Position in The Estee Lauder Companies Inc. $EL

Greenleaf Trust purchased a new stake in The Estee Lauder Companies Inc. (NYSE:EL) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 2,830 shares of the company’s stock, valued at approximately $229,000.

Several other institutional investors have also recently bought and sold shares of the business. HB Wealth Management LLC raised its position in Estee Lauder Companies by 5.6% in the 2nd quarter. HB Wealth Management LLC now owns 3,416 shares of the company’s stock valued at $276,000 after purchasing an additional 180 shares during the last quarter. Janney Montgomery Scott LLC increased its holdings in Estee Lauder Companies by 123.1% in the second quarter. Janney Montgomery Scott LLC now owns 18,714 shares of the company’s stock valued at $1,512,000 after purchasing an additional 10,324 shares during the last quarter. Walker Asset Management LLC acquired a new position in Estee Lauder Companies in the second quarter valued at about $214,000. Signaturefd LLC grew its stake in Estee Lauder Companies by 9.3% in the second quarter. Signaturefd LLC now owns 1,815 shares of the company’s stock valued at $147,000 after acquiring an additional 154 shares during the period. Finally, 1834 Investment Advisors Co. grew its stake in Estee Lauder Companies by 8.6% in the second quarter. 1834 Investment Advisors Co. now owns 43,955 shares of the company’s stock valued at $3,552,000 after acquiring an additional 3,486 shares during the period. Institutional investors own 55.15% of the company’s stock.

Wall Street Analysts Forecast Growth

EL has been the subject of several recent research reports. Wells Fargo & Company upped their price objective on Estee Lauder Companies from $60.00 to $90.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 9th. HSBC upgraded Estee Lauder Companies from a “hold” rating to a “buy” rating and upped their price objective for the company from $80.00 to $99.00 in a research note on Friday, June 27th. Telsey Advisory Group reiterated a “market perform” rating and set a $99.00 target price on shares of Estee Lauder Companies in a research note on Wednesday, August 20th. UBS Group increased their price target on Estee Lauder Companies from $62.00 to $93.00 and gave the stock a “neutral” rating in a research report on Thursday, July 17th. Finally, Hsbc Global Res raised Estee Lauder Companies from a “hold” rating to a “strong-buy” rating in a research report on Friday, June 27th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $88.55.

Estee Lauder Companies Stock Down 0.8%

Shares of NYSE:EL opened at $88.09 on Friday. The firm has a market cap of $31.70 billion, a P/E ratio of -28.05, a P/E/G ratio of 2.52 and a beta of 1.16. The company has a quick ratio of 0.92, a current ratio of 1.30 and a debt-to-equity ratio of 1.89. The Estee Lauder Companies Inc. has a 12-month low of $48.37 and a 12-month high of $97.44. The business has a fifty day simple moving average of $89.47 and a 200 day simple moving average of $76.14.

Estee Lauder Companies (NYSE:EL) last announced 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. The business had revenue of $3.41 billion during the quarter, compared to analyst estimates of $3.36 billion. Estee Lauder Companies had a positive return on equity of 12.37% and a negative net margin of 7.91%.Estee Lauder Companies’s revenue for the quarter was down 11.9% compared to the same quarter last year. During the same period last year, the company earned $0.64 EPS. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. Analysts predict that The Estee Lauder Companies Inc. will post 1.36 earnings per share for the current year.

Estee Lauder Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd were given a $0.35 dividend. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $1.40 annualized dividend and a dividend yield of 1.6%. Estee Lauder Companies’s dividend payout ratio (DPR) is -44.59%.

Insider Activity

In related news, VP Lande Rashida La sold 6,417 shares of the business’s stock in a transaction dated Thursday, August 28th. The stock was sold at an average price of $91.88, for a total value of $589,593.96. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Lynn Forester sold 3,702 shares of the business’s stock in a transaction dated Friday, August 29th. The shares were 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 $1,418,650.35. The trade was a 19.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 13.05% of the company’s stock.

Estee Lauder Companies Profile

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.