D.A. Davidson & CO. Decreases Stake in The Estee Lauder Companies Inc. $EL

D.A. Davidson & CO. cut its holdings in The Estee Lauder Companies Inc. (NYSE:EL) by 7.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,002 shares of the company’s stock after selling 319 shares during the quarter. D.A. Davidson & CO.’s holdings in Estee Lauder Companies were worth $323,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. Legacy Wealth Asset Management LLC boosted its stake in shares of Estee Lauder Companies by 2.2% in the second quarter. Legacy Wealth Asset Management LLC now owns 5,950 shares of the company’s stock valued at $481,000 after buying an additional 129 shares in the last quarter. VCI Wealth Management LLC boosted its stake in shares of Estee Lauder Companies by 14.3% in the second quarter. VCI Wealth Management LLC now owns 9,760 shares of the company’s stock valued at $789,000 after buying an additional 1,222 shares in the last quarter. Drive Wealth Management LLC acquired a new position in Estee Lauder Companies during the second quarter worth $337,000. Chevy Chase Trust Holdings LLC raised its holdings in Estee Lauder Companies by 0.6% during the second quarter. Chevy Chase Trust Holdings LLC now owns 123,783 shares of the company’s stock worth $10,002,000 after purchasing an additional 684 shares during the last quarter. Finally, Nordea Investment Management AB raised its holdings in Estee Lauder Companies by 2.1% during the second quarter. Nordea Investment Management AB now owns 1,097,706 shares of the company’s stock worth $87,520,000 after purchasing an additional 22,840 shares during the last quarter. 55.15% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Estee Lauder Companies news, Director Lynn Forester sold 3,702 shares of the company’s stock in a transaction dated Friday, August 29th. The stock was sold at an average price of $91.65, for a total transaction of $339,288.30. Following the completion of the sale, the director directly owned 15,479 shares in the company, valued at $1,418,650.35. This represents a 19.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, VP Lande Rashida La sold 6,417 shares of the company’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 disclosure for this sale is available in the SEC filing. Corporate insiders own 13.05% of the company’s stock.

Estee Lauder Companies Stock Performance

Estee Lauder Companies stock opened at $98.04 on Friday. The firm has a market capitalization of $35.28 billion, a P/E ratio of -31.22, a PEG ratio of 1.77 and a beta of 1.16. The stock has a fifty day moving average price of $91.57 and a 200 day moving average price of $80.87. The Estee Lauder Companies Inc. has a 52 week low of $48.37 and a 52 week 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.

Estee Lauder Companies (NYSE:EL) last announced its quarterly earnings results on Thursday, October 30th. The company reported $0.32 EPS for the quarter, topping the consensus estimate of $0.15 by $0.17. The company had revenue of $3.48 billion during the quarter, compared to analyst estimates of $3.38 billion. Estee Lauder Companies had a positive return on equity of 12.37% and a negative net margin of 7.91%.The firm’s revenue was up 3.6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.14 earnings per share. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. Equities research analysts anticipate that The Estee Lauder Companies Inc. will post 1.36 earnings per share for the current year.

Estee Lauder Companies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 15th. Shareholders of record on Friday, November 28th will be paid a dividend of $0.35 per share. The ex-dividend date is Friday, November 28th. This represents a $1.40 annualized dividend and a yield of 1.4%. Estee Lauder Companies’s dividend payout ratio is currently -44.59%.

Analyst Ratings Changes

Several equities analysts recently issued reports on EL shares. Bank of America started coverage on Estee Lauder Companies in a report on Thursday, July 10th. They set a “buy” rating and a $110.00 price objective for the company. Weiss Ratings reissued a “sell (d)” rating on shares of Estee Lauder Companies in a report on Wednesday, October 8th. Evercore ISI boosted their price target on Estee Lauder Companies from $100.00 to $115.00 and gave the stock an “outperform” rating in a report on Monday, September 15th. Wall Street Zen raised Estee Lauder Companies from a “sell” rating to a “hold” rating in a report on Saturday, October 25th. Finally, 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. 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 assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $92.05.

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.