Allstate Corp Buys New Shares in The Estee Lauder Companies Inc. $EL

Allstate Corp acquired a new stake in The Estee Lauder Companies Inc. (NYSE:EL) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 8,464 shares of the company’s stock, valued at approximately $746,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. True Vision MN LLC bought a new position in shares of Estee Lauder Companies in the 2nd quarter valued at about $552,000. Clarius Group LLC purchased a new stake in Estee Lauder Companies during the second quarter valued at approximately $227,000. Federated Hermes Inc. raised its position in Estee Lauder Companies by 556.8% during the second quarter. Federated Hermes Inc. now owns 1,554,088 shares of the company’s stock valued at $125,570,000 after purchasing an additional 1,317,473 shares during the period. Union Bancaire Privee UBP SA purchased a new position in shares of Estee Lauder Companies in the 2nd quarter worth approximately $3,006,000. Finally, Drive Wealth Management LLC purchased a new position in shares of Estee Lauder Companies in the 2nd quarter worth approximately $337,000. Institutional investors own 55.15% of the company’s stock.

Estee Lauder Companies Trading Up 1.3%

Shares of NYSE EL opened at $119.45 on Friday. The Estee Lauder Companies Inc. has a 1-year low of $48.37 and a 1-year high of $120.27. The business has a fifty day moving average price of $104.06 and a 200 day moving average price of $95.44. The stock has a market capitalization of $43.05 billion, a P/E ratio of -46.30, a price-to-earnings-growth ratio of 1.39 and a beta of 1.15. The company has a debt-to-equity ratio of 1.88, a current ratio of 1.32 and a quick ratio of 0.92.

Estee Lauder Companies (NYSE:EL) last posted its quarterly earnings data on Thursday, October 30th. The company reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.17. The firm had revenue of $3.48 billion for the quarter, compared to the consensus estimate of $3.38 billion. Estee Lauder Companies had a negative net margin of 6.44% and a positive return on equity of 14.92%. The company’s revenue for the quarter was up 3.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.14 earnings per share. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. Equities research analysts expect that The Estee Lauder Companies Inc. will post 1.36 EPS for the current fiscal year.

Estee Lauder Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Friday, November 28th were issued a $0.35 dividend. The ex-dividend date of this dividend was Friday, November 28th. This represents a $1.40 dividend on an annualized basis and a yield of 1.2%. Estee Lauder Companies’s payout ratio is presently -54.26%.

Insider Transactions at Estee Lauder Companies

In other Estee Lauder Companies news, Director Barry S. Sternlicht sold 3,972 shares of the company’s stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $91.83, for a total transaction of $364,748.76. Following the completion of the transaction, the director directly owned 34,812 shares in the company, valued at approximately $3,196,785.96. This represents a 10.24% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP Meridith Webster sold 5,430 shares of the company’s stock in a transaction dated Tuesday, November 18th. The stock was sold at an average price of $87.84, for a total transaction of $476,971.20. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 13.05% of the company’s stock.

Analyst Ratings Changes

Several research analysts have commented on the stock. Rothschild Redb lowered shares of Estee Lauder Companies from a “hold” rating to a “strong sell” rating in a research note on Tuesday, November 25th. Evercore ISI lifted their price target on shares of Estee Lauder Companies from $115.00 to $125.00 and gave the stock an “outperform” rating in a research note on Tuesday, December 16th. Jefferies Financial Group initiated coverage on shares of Estee Lauder Companies in a report on Wednesday, January 14th. They set a “hold” rating and a $110.00 price target on the stock. The Goldman Sachs Group raised shares of Estee Lauder Companies from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $76.00 to $115.00 in a research note on Monday, October 13th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Estee Lauder Companies in a research note on Wednesday, October 8th. Three equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $101.78.

Estee Lauder Companies Profile

Estée Lauder Companies Inc (NYSE: EL) is a global leader in prestige beauty that develops, manufactures and markets a broad portfolio of skincare, makeup, fragrance and hair care products. Founded in 1946 by Estée Lauder, the company has grown from a small family business into a multinational consumer-products enterprise headquartered in New York City. Its activities span product research and development, brand and product marketing, manufacturing and global distribution across multiple retail channels.

The company’s portfolio includes a mix of legacy and prestige brands that target different consumer segments and price points, with well-known names such as Estée Lauder, Clinique, MAC, La Mer and Jo Malone among others.