Allianz Asset Management GmbH Has $873,000 Stock Holdings in The Estee Lauder Companies Inc. $EL

Allianz Asset Management GmbH lessened its holdings in shares of The Estee Lauder Companies Inc. (NYSE:EL) by 96.4% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 10,804 shares of the company’s stock after selling 290,938 shares during the period. Allianz Asset Management GmbH’s holdings in Estee Lauder Companies were worth $873,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. Generali Asset Management SPA SGR lifted its position in shares of Estee Lauder Companies by 1.6% during the 2nd quarter. Generali Asset Management SPA SGR now owns 7,361 shares of the company’s stock worth $595,000 after purchasing an additional 119 shares during the last quarter. Joel Isaacson & Co. LLC raised its holdings in Estee Lauder Companies by 0.4% in the 2nd quarter. Joel Isaacson & Co. LLC now owns 28,826 shares of the company’s stock valued at $2,329,000 after acquiring an additional 120 shares in the last quarter. LRI Investments LLC lifted its position in shares of Estee Lauder Companies by 2.6% in the 2nd quarter. LRI Investments LLC now owns 5,007 shares of the company’s stock worth $405,000 after acquiring an additional 126 shares during the period. Signaturefd LLC grew its holdings in shares of Estee Lauder Companies by 9.3% during the 2nd quarter. Signaturefd LLC now owns 1,815 shares of the company’s stock worth $147,000 after purchasing an additional 154 shares in the last quarter. Finally, Horizon Investments LLC increased its position in shares of Estee Lauder Companies by 5.1% during the first quarter. Horizon Investments LLC now owns 3,351 shares of the company’s stock valued at $221,000 after purchasing an additional 164 shares during the period. Institutional investors and hedge funds own 55.15% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have issued reports on EL. UBS Group boosted their price target on shares of Estee Lauder Companies from $62.00 to $93.00 and gave the company a “neutral” rating in a report on Thursday, July 17th. Wells Fargo & Company upped their target price on shares of Estee Lauder Companies from $60.00 to $90.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 9th. Bank of America assumed coverage on shares of Estee Lauder Companies in a research note on Thursday, July 10th. They set a “buy” rating and a $110.00 price target for the company. Evercore ISI upped their price objective on Estee Lauder Companies from $100.00 to $115.00 and gave the company an “outperform” rating in a research note on Monday, September 15th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Estee Lauder Companies in a research note on Saturday. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Estee Lauder Companies has an average rating of “Hold” and a consensus price target of $91.30.

Insider Buying and Selling

In related news, VP Lande Rashida La sold 6,417 shares of the stock in a transaction that occurred on Thursday, August 28th. The stock was sold at an average price of $91.88, for a total transaction of $589,593.96. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Lynn Forester sold 3,702 shares of the stock in a transaction that occurred on Friday, August 29th. The stock was sold at an average price of $91.65, for a total value of $339,288.30. Following the sale, the director owned 15,479 shares in the company, valued at approximately $1,418,650.35. This trade represents a 19.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. 13.05% of the stock is owned by corporate insiders.

Estee Lauder Companies Trading Up 2.7%

EL stock opened at $102.20 on Monday. The Estee Lauder Companies Inc. has a 1-year low of $48.37 and a 1-year high of $104.53. The firm has a market cap of $36.78 billion, a P/E ratio of -32.55, a P/E/G ratio of 1.87 and a beta of 1.16. The business’s 50 day moving average is $90.79 and its 200-day moving average is $79.83. The company has a current ratio of 1.30, a quick ratio of 0.92 and a debt-to-equity ratio of 1.89.

Estee Lauder Companies (NYSE:EL) last released its quarterly earnings data on Wednesday, August 20th. The company reported $0.09 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.02. The company had revenue of $3.41 billion for 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%.The company’s revenue was down 11.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.64 EPS. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. Equities analysts anticipate that The Estee Lauder Companies Inc. will post 1.36 earnings per share for the current fiscal year.

Estee Lauder Companies Announces Dividend

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

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.