HB Wealth Management LLC Buys 180 Shares of The Estee Lauder Companies Inc. $EL

HB Wealth Management LLC grew its stake in shares of The Estee Lauder Companies Inc. (NYSE:EL) by 5.6% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 3,416 shares of the company’s stock after purchasing an additional 180 shares during the period. HB Wealth Management LLC’s holdings in Estee Lauder Companies were worth $276,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Independent Franchise Partners LLP boosted its stake in shares of Estee Lauder Companies by 1.5% in the 1st quarter. Independent Franchise Partners LLP now owns 7,976,434 shares of the company’s stock worth $526,445,000 after buying an additional 118,276 shares during the last quarter. Invesco Ltd. boosted its stake in shares of Estee Lauder Companies by 21.9% in the 1st quarter. Invesco Ltd. now owns 6,681,785 shares of the company’s stock worth $440,998,000 after buying an additional 1,200,537 shares during the last quarter. American Century Companies Inc. boosted its stake in shares of 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 buying an additional 1,167,508 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in shares of Estee Lauder Companies by 3.9% in the 1st quarter. Bank of New York Mellon Corp now owns 3,088,880 shares of the company’s stock worth $203,866,000 after buying an additional 117,330 shares during the last quarter. Finally, Northern Trust Corp boosted its stake in shares of Estee Lauder Companies by 3.4% in the 1st quarter. Northern Trust Corp now owns 2,445,947 shares of the company’s stock worth $161,433,000 after buying an additional 80,387 shares during the last quarter. 55.15% of the stock is owned by institutional investors.

Estee Lauder Companies Stock Up 0.7%

EL opened at $88.67 on Tuesday. The stock has a market cap of $31.91 billion, a PE ratio of -28.24, 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 52 week low of $48.37 and a 52 week high of $97.44. The business’s fifty day simple moving average is $89.39 and its 200 day simple moving average is $76.35.

Estee Lauder Companies (NYSE:EL) last released its earnings results on Wednesday, August 20th. The company reported $0.09 EPS for the quarter, beating analysts’ consensus estimates 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 business had revenue of $3.41 billion for the quarter, compared to analysts’ expectations of $3.36 billion. During the same quarter in the prior year, the firm earned $0.64 earnings per share. The firm’s revenue was down 11.9% on a year-over-year basis. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. As a group, research analysts expect that The Estee Lauder Companies Inc. will post 1.36 earnings per share for the current fiscal year.

Estee Lauder Companies Announces Dividend

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

Insider Activity

In other Estee Lauder Companies news, VP Lande Rashida La sold 6,417 shares of the firm’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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Lynn Forester sold 3,702 shares of the firm’s stock in a transaction that occurred on Friday, August 29th. The shares were sold at an average price of $91.65, for a total transaction of $339,288.30. Following the transaction, the director directly owned 15,479 shares of the company’s stock, valued at $1,418,650.35. This represents a 19.30% decrease in their position. The disclosure for this sale can be found here. Company insiders own 13.05% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on EL shares. HSBC upgraded Estee Lauder Companies from a “hold” rating to a “buy” rating and boosted their target price for the stock from $80.00 to $99.00 in a research note on Friday, June 27th. Royal Bank Of Canada boosted their target price on Estee Lauder Companies from $90.00 to $107.00 and gave the stock an “outperform” rating in a research note on Thursday, August 21st. JPMorgan Chase & Co. dropped their price objective on Estee Lauder Companies from $101.00 to $99.00 and set an “overweight” rating on the stock in a research note on Thursday, August 21st. Deutsche Bank Aktiengesellschaft upped their price objective on Estee Lauder Companies from $98.00 to $100.00 and gave the company a “buy” rating in a research note on Thursday, August 21st. Finally, Bank of America initiated coverage on Estee Lauder Companies in a research note on Thursday, July 10th. They issued a “buy” rating and a $110.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Estee Lauder Companies has a consensus rating of “Hold” and a consensus price target 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.