Sequoia Financial Advisors LLC purchased a new position in The Estee Lauder Companies Inc. (NYSE:EL – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,432 shares of the company’s stock, valued at approximately $277,000.
Other institutional investors also recently bought and sold shares of the company. Annis Gardner Whiting Capital Advisors LLC raised its stake in Estee Lauder Companies by 1,182.1% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 500 shares of the company’s stock worth $33,000 after buying an additional 461 shares in the last quarter. Winthrop Capital Management LLC raised its stake in Estee Lauder Companies by 2,240.0% in the first quarter. Winthrop Capital Management LLC now owns 585 shares of the company’s stock worth $39,000 after buying an additional 560 shares in the last quarter. TD Private Client Wealth LLC raised its stake in Estee Lauder Companies by 246.4% in the second quarter. TD Private Client Wealth LLC now owns 478 shares of the company’s stock worth $39,000 after buying an additional 340 shares in the last quarter. Golden State Wealth Management LLC raised its stake in Estee Lauder Companies by 57.3% in the first quarter. Golden State Wealth Management LLC now owns 626 shares of the company’s stock worth $41,000 after buying an additional 228 shares in the last quarter. Finally, Ameritas Advisory Services LLC bought a new position in Estee Lauder Companies in the second quarter worth about $44,000. 55.15% of the stock is owned by institutional investors.
Analyst Ratings Changes
A number of equities analysts recently issued reports on the stock. Bank of America assumed coverage on shares of Estee Lauder Companies in a research note on Thursday, July 10th. They issued a “buy” rating and a $110.00 price target for the company. The Goldman Sachs Group raised shares of Estee Lauder Companies from a “neutral” rating to a “buy” rating and raised their target price for the company from $76.00 to $115.00 in a research note on Monday, October 13th. Wall Street Zen downgraded shares of Estee Lauder Companies from a “hold” rating to a “sell” rating in a research note on Friday, August 22nd. Canaccord Genuity Group raised their target price on shares of 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, Barclays raised their target price on shares of Estee Lauder Companies from $63.00 to $84.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $91.30.
Insider Buying and Selling at Estee Lauder Companies
In other news, VP Lande Rashida La sold 6,417 shares of Estee Lauder Companies 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 sale was disclosed in a legal filing 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 transaction, the director owned 15,479 shares in the company, 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.
Estee Lauder Companies Trading Up 0.1%
Shares of EL stock opened at $98.60 on Thursday. The Estee Lauder Companies Inc. has a 12-month low of $48.37 and a 12-month high of $104.53. 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’s 50 day moving average is $90.37 and its 200 day moving average is $78.77. The stock has a market capitalization of $35.48 billion, a P/E ratio of -31.40, a P/E/G ratio of 1.80 and a beta of 1.16.
Estee Lauder Companies (NYSE:EL – Get Free Report) last issued 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 negative net margin of 7.91% and a positive return on equity of 12.37%. The company had revenue of $3.41 billion for the quarter, compared to analysts’ expectations of $3.36 billion. During the same quarter last year, the company posted $0.64 earnings per share. The firm’s quarterly 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. Research analysts expect that The Estee Lauder Companies Inc. will post 1.36 earnings per share for the current year.
Estee Lauder Companies Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Investors 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 1.4%. Estee Lauder Companies’s dividend payout ratio (DPR) is currently -44.59%.
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.
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