Barington Capital Group L.P. acquired a new position in shares of The Estee Lauder Companies Inc. (NYSE:EL – Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,000 shares of the company’s stock, valued at approximately $808,000. Estee Lauder Companies accounts for approximately 0.8% of Barington Capital Group L.P.’s holdings, making the stock its 8th biggest holding.
A number of other hedge funds have also bought and sold shares of EL. Annis Gardner Whiting Capital Advisors LLC boosted its position in Estee Lauder Companies by 1,182.1% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 500 shares of the company’s stock valued at $33,000 after acquiring an additional 461 shares during the last quarter. TD Private Client Wealth LLC lifted 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 during the period. Golden State Wealth Management LLC lifted its stake in shares of 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 period. Elevation Point Wealth Partners LLC bought a new stake in shares of Estee Lauder Companies during the 2nd quarter valued at about $42,000. Finally, Ameritas Advisory Services LLC bought a new stake in shares of Estee Lauder Companies during the 2nd quarter valued at about $44,000. Institutional investors own 55.15% of the company’s stock.
Insiders Place Their Bets
In related news, VP Meridith Webster sold 5,430 shares of the stock in a transaction on Tuesday, November 18th. The stock was sold at an average price of $87.84, for a total value of $476,971.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Barry S. Sternlicht sold 3,972 shares of Estee Lauder Companies stock in a transaction on Tuesday, November 11th. The stock was sold at an average price of $91.83, for a total transaction of $364,748.76. Following the transaction, the director directly owned 34,812 shares in the company, valued at $3,196,785.96. This represents a 10.24% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 13.05% of the company’s stock.
Estee Lauder Companies Trading Down 0.9%
Estee Lauder Companies (NYSE:EL – Get Free Report) last released its quarterly earnings results on Thursday, October 30th. The company reported $0.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.15 by $0.17. The business had revenue of $3.48 billion during the quarter, compared to the consensus estimate 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 company’s quarterly revenue was up 3.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.14 EPS. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. As a group, research analysts predict that The Estee Lauder Companies Inc. will post 1.36 earnings per share for the current fiscal year.
Estee Lauder Companies Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Monday, December 15th. Investors of record on Friday, November 28th will be issued 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 1.5%. Estee Lauder Companies’s dividend payout ratio is -54.26%.
Wall Street Analyst Weigh In
A number of equities research analysts have weighed in on EL shares. Wells Fargo & Company lifted their target price on Estee Lauder Companies from $90.00 to $95.00 and gave the stock an “equal weight” rating in a report on Friday, October 31st. Royal Bank Of Canada boosted their target price on shares of Estee Lauder Companies from $107.00 to $113.00 and gave the company an “outperform” rating in a research report on Friday, October 31st. Argus raised shares of Estee Lauder Companies from a “hold” rating to a “buy” rating and set a $105.00 target price on the stock in a research note on Tuesday, November 11th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Estee Lauder Companies from $98.00 to $100.00 and gave the company a “buy” rating in a research note on Thursday, August 21st. Finally, Citigroup upped their price objective on shares of Estee Lauder Companies from $95.00 to $105.00 and gave the company a “neutral” rating in a report on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, Estee Lauder Companies currently has a consensus rating of “Hold” and an average target price of $94.43.
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.
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