Dakota Wealth Management Makes New Investment in The Estee Lauder Companies Inc. $EL

Dakota Wealth Management bought a new stake in The Estee Lauder Companies Inc. (NYSE:ELFree Report) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 67,928 shares of the company’s stock, valued at approximately $5,986,000.

Other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. increased its stake in Estee Lauder Companies by 1.3% in the 2nd quarter. Vanguard Group Inc. now owns 26,904,441 shares of the company’s stock valued at $2,173,879,000 after buying an additional 341,235 shares during the period. State Street Corp grew its holdings in shares of Estee Lauder Companies by 0.6% during the 2nd quarter. State Street Corp now owns 10,859,539 shares of the company’s stock valued at $877,451,000 after acquiring an additional 69,959 shares in the last quarter. Invesco Ltd. increased its stake in shares of Estee Lauder Companies by 13.7% in the second quarter. Invesco Ltd. now owns 7,596,379 shares of the company’s stock worth $613,787,000 after acquiring an additional 914,594 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in shares of Estee Lauder Companies by 46.4% during the third quarter. Bank of New York Mellon Corp now owns 6,112,501 shares of the company’s stock worth $538,634,000 after acquiring an additional 1,937,107 shares in the last quarter. Finally, Geode Capital Management LLC boosted its position in Estee Lauder Companies by 17.8% during the second quarter. Geode Capital Management LLC now owns 5,912,792 shares of the company’s stock valued at $475,710,000 after purchasing an additional 892,631 shares during the last quarter. 55.15% of the stock is currently owned by institutional investors and hedge funds.

Estee Lauder Companies Price Performance

Shares of Estee Lauder Companies stock opened at $115.41 on Wednesday. The company has a current ratio of 1.36, a quick ratio of 1.00 and a debt-to-equity ratio of 1.82. The firm has a fifty day simple moving average of $110.64 and a 200-day simple moving average of $99.01. The stock has a market capitalization of $41.75 billion, a price-to-earnings ratio of -230.82, a PEG ratio of 1.26 and a beta of 1.14. The Estee Lauder Companies Inc. has a 1-year low of $48.37 and a 1-year high of $121.64.

Estee Lauder Companies (NYSE:ELGet Free Report) last announced its earnings results on Thursday, February 5th. The company reported $0.89 EPS for the quarter, topping the consensus estimate of $0.84 by $0.05. The firm had revenue of $4.23 billion for the quarter, compared to the consensus estimate of $4.22 billion. Estee Lauder Companies had a negative net margin of 1.21% and a positive return on equity of 17.59%. The business’s quarterly revenue was up 5.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.62 EPS. Estee Lauder Companies has set its FY 2026 guidance at 2.030-2.230 EPS. On average, sell-side analysts expect that The Estee Lauder Companies Inc. will post 1.36 earnings per share for the current year.

Estee Lauder Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Friday, February 27th will be given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, February 27th. Estee Lauder Companies’s payout ratio is currently -280.00%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on EL shares. HSBC downgraded Estee Lauder Companies from a “buy” rating to a “hold” rating and set a $106.00 price target for the company. in a research note on Tuesday, February 10th. Royal Bank Of Canada restated an “outperform” rating and set a $113.00 price target on shares of Estee Lauder Companies in a research note on Tuesday, February 3rd. Wall Street Zen raised shares of Estee Lauder Companies from a “hold” rating to a “buy” rating in a research note on Saturday, January 17th. Rothschild & Co Redburn lowered shares of Estee Lauder Companies from a “neutral” rating to a “sell” rating and reduced their price objective for the company from $83.00 to $70.00 in a research note on Tuesday, November 25th. Finally, JPMorgan Chase & Co. cut their target price on Estee Lauder Companies from $131.00 to $121.00 and set an “overweight” rating on the stock in a report on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $104.43.

Read Our Latest Report on EL

Estee Lauder Companies Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Estee Lauder Companies (NYSE:EL)

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