Beirne Wealth Consulting Services LLC Acquires New Holdings in The Estee Lauder Companies Inc. $EL

Beirne Wealth Consulting Services LLC bought a new position in The Estee Lauder Companies Inc. (NYSE:EL) in the third quarter, according to the company in its most recent disclosure with the SEC. The fund bought 7,608 shares of the company’s stock, valued at approximately $670,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Federated Hermes Inc. raised its position in shares of Estee Lauder Companies by 556.8% during the 2nd 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. Drive Wealth Management LLC purchased a new stake in Estee Lauder Companies in the 2nd quarter worth $337,000. Concurrent Investment Advisors LLC purchased a new stake in Estee Lauder Companies in the 2nd quarter worth $331,000. Mirae Asset Global Investments Co. Ltd. raised its holdings in Estee Lauder Companies by 539.7% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 229,749 shares of the company’s stock valued at $20,245,000 after acquiring an additional 193,833 shares during the period. Finally, Waverton Investment Management Ltd lifted its position in shares of Estee Lauder Companies by 50.1% in the second quarter. Waverton Investment Management Ltd now owns 151,575 shares of the company’s stock valued at $12,247,000 after acquiring an additional 50,625 shares in the last quarter. 55.15% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft lifted their target price on Estee Lauder Companies from $124.00 to $128.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. Barclays cut their price objective on shares of Estee Lauder Companies from $100.00 to $94.00 and set an “equal weight” rating for the company in a report on Monday, February 9th. Evercore boosted their target price on shares of Estee Lauder Companies from $115.00 to $125.00 and gave the stock an “outperform” rating in a report on Tuesday, December 16th. Raymond James Financial raised shares of Estee Lauder Companies from a “market perform” rating to a “strong-buy” rating and set a $130.00 target price for the company in a research note on Monday, January 5th. Finally, Wall Street Zen upgraded shares of Estee Lauder Companies from a “hold” rating to a “buy” rating in a report on Saturday, January 17th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $103.36.

Estee Lauder Companies Price Performance

EL stock opened at $108.03 on Tuesday. The Estee Lauder Companies Inc. has a 52 week low of $48.37 and a 52 week high of $121.64. The firm has a market capitalization of $39.08 billion, a P/E ratio of -216.06, a price-to-earnings-growth ratio of 1.21 and a beta of 1.14. The company has a fifty day simple moving average of $109.58 and a two-hundred day simple moving average of $98.08. The company has a quick ratio of 1.00, a current ratio of 1.36 and a debt-to-equity ratio of 1.82.

Estee Lauder Companies (NYSE:EL) last posted its earnings results on Thursday, February 5th. The company reported $0.89 earnings per share for the quarter, topping analysts’ consensus estimates of $0.84 by $0.05. Estee Lauder Companies had a negative net margin of 1.21% and a positive return on equity of 17.59%. The firm had revenue of $4.23 billion for the quarter, compared to the consensus estimate of $4.22 billion. During the same period in the previous year, the firm posted $0.62 EPS. The business’s quarterly revenue was up 5.6% on a year-over-year basis. Estee Lauder Companies has set its FY 2026 guidance at 2.030-2.230 EPS. Analysts anticipate 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 disclosed a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Friday, February 27th will be paid a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, February 27th. Estee Lauder Companies’s dividend payout ratio (DPR) is presently -280.00%.

Estee Lauder Companies Company 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.