Bank Julius Baer & Co. Ltd Zurich Sells 10,982 Shares of The Estee Lauder Companies Inc. $EL

Bank Julius Baer & Co. Ltd Zurich cut its holdings in shares of The Estee Lauder Companies Inc. (NYSE:EL) by 26.3% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 30,790 shares of the company’s stock after selling 10,982 shares during the period. Bank Julius Baer & Co. Ltd Zurich’s holdings in Estee Lauder Companies were worth $2,488,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. TD Private Client Wealth LLC boosted its stake in shares of Estee Lauder Companies by 246.4% in the 2nd quarter. TD Private Client Wealth LLC now owns 478 shares of the company’s stock valued at $39,000 after purchasing an additional 340 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC increased its position in Estee Lauder Companies by 1,182.1% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 500 shares of the company’s stock worth $33,000 after purchasing an additional 461 shares in the last quarter. Golden State Wealth Management LLC lifted its stake in Estee Lauder Companies by 69.5% in the 2nd quarter. Golden State Wealth Management LLC now owns 512 shares of the company’s stock valued at $41,000 after purchasing an additional 210 shares during the last quarter. Ameritas Advisory Services LLC acquired a new stake in Estee Lauder Companies in the second quarter valued at approximately $44,000. Finally, Trust Co. of Toledo NA OH bought a new stake in shares of Estee Lauder Companies during the second quarter worth $63,000. Institutional investors own 55.15% of the company’s stock.

Estee Lauder Companies Stock Performance

Shares of EL stock opened at $89.89 on Friday. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.92 and a current ratio of 1.30. The firm has a market cap of $32.39 billion, a price-to-earnings ratio of -28.63, a P/E/G ratio of 1.77 and a beta of 1.19. The Estee Lauder Companies Inc. has a 52 week low of $48.37 and a 52 week high of $104.53. The firm’s 50-day simple moving average is $91.66 and its two-hundred day simple moving average is $84.70.

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

Estee Lauder Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Investors of record on Friday, November 28th will be paid a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend is Friday, November 28th. Estee Lauder Companies’s dividend payout ratio (DPR) is currently -54.26%.

Insider Activity at Estee Lauder Companies

In other news, VP Meridith Webster sold 5,430 shares of Estee Lauder Companies stock in a transaction on Tuesday, November 18th. The shares were sold at an average price of $87.84, for a total transaction of $476,971.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 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. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 19,521 shares of company stock valued at $1,770,602. Company insiders own 13.05% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on EL. Telsey Advisory Group raised their price objective on shares of Estee Lauder Companies from $99.00 to $105.00 and gave the company a “market perform” rating in a report on Friday, October 31st. UBS Group raised their price target on shares of Estee Lauder Companies from $93.00 to $105.00 and gave the company a “neutral” rating in a research note on Friday, October 31st. Evercore ISI boosted their price objective on shares of Estee Lauder Companies from $100.00 to $115.00 and gave the stock an “outperform” rating in a research note on Monday, September 15th. Weiss Ratings restated a “sell (d)” rating on shares of Estee Lauder Companies in a report on Wednesday, October 8th. Finally, Canaccord Genuity Group lifted their target price on Estee Lauder Companies from $85.00 to $100.00 and gave the stock a “hold” rating in a report on Monday, October 27th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Estee Lauder Companies has an average rating of “Moderate Buy” and an average price target of $95.65.

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.