Allspring Global Investments Holdings LLC Buys 863 Shares of The Estee Lauder Companies Inc. $EL

Allspring Global Investments Holdings LLC increased its position in shares of The Estee Lauder Companies Inc. (NYSE:EL) by 7.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,811 shares of the company’s stock after purchasing an additional 863 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Estee Lauder Companies were worth $1,005,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in EL. LRI Investments LLC raised its holdings in Estee Lauder Companies by 2.6% in the 2nd quarter. LRI Investments LLC now owns 5,007 shares of the company’s stock valued at $405,000 after acquiring an additional 126 shares in the last quarter. Vanguard Personalized Indexing Management LLC raised its stake in Estee Lauder Companies by 18.5% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 24,037 shares of the company’s stock valued at $1,942,000 after purchasing an additional 3,746 shares in the last quarter. Concurrent Investment Advisors LLC bought a new stake in Estee Lauder Companies during the second quarter worth about $331,000. Apollon Wealth Management LLC acquired a new stake in Estee Lauder Companies during the second quarter worth about $463,000. Finally, Trust Co. of Toledo NA OH bought a new position in Estee Lauder Companies in the 2nd quarter valued at about $63,000. Institutional investors own 55.15% of the company’s stock.

Estee Lauder Companies Stock Performance

Shares of EL stock opened at $98.60 on Thursday. The firm has a market capitalization of $35.48 billion, a price-to-earnings ratio of -31.40, a PEG ratio of 1.80 and a beta of 1.16. 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 business’s 50-day moving average price is $90.37 and its 200-day moving average price is $78.77. The Estee Lauder Companies Inc. has a 12 month low of $48.37 and a 12 month high of $104.53.

Estee Lauder Companies (NYSE:EL) last posted its earnings results on Wednesday, August 20th. The company reported $0.09 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 business had revenue of $3.41 billion for the quarter, compared to the consensus estimate of $3.36 billion. During the same period last year, the company earned $0.64 EPS. The firm’s 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 forecast that The Estee Lauder Companies Inc. will post 1.36 EPS for the current year.

Estee Lauder Companies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd were given a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date was Tuesday, September 2nd. Estee Lauder Companies’s payout ratio is -44.59%.

Insider Activity

In other news, VP Lande Rashida La sold 6,417 shares of the firm’s stock in a transaction dated Thursday, August 28th. The stock was sold at an average price of $91.88, for a total transaction of $589,593.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Lynn Forester sold 3,702 shares of the company’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 value of $339,288.30. Following the completion of the sale, the director owned 15,479 shares in the company, 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. Corporate insiders own 13.05% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on EL. Canaccord Genuity Group lifted their price objective 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. HSBC raised Estee Lauder Companies from a “hold” rating to a “buy” rating and raised their target price for the company from $80.00 to $99.00 in a report on Friday, June 27th. Barclays boosted their price target 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. Royal Bank Of Canada raised their price objective on Estee Lauder Companies from $90.00 to $107.00 and gave the company an “outperform” rating in a research note on Thursday, August 21st. Finally, Telsey Advisory Group reissued a “market perform” rating and issued a $99.00 target price on shares of Estee Lauder Companies in a report on Wednesday, August 20th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Estee Lauder Companies has a consensus rating of “Hold” and an average target price of $91.30.

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.