Fisher Asset Management LLC Has $2.68 Million Holdings in The Estee Lauder Companies Inc. $EL

Fisher Asset Management LLC raised its holdings in shares of The Estee Lauder Companies Inc. (NYSE:EL) by 55.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 30,357 shares of the company’s stock after purchasing an additional 10,775 shares during the quarter. Fisher Asset Management LLC’s holdings in Estee Lauder Companies were worth $2,675,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the business. Federated Hermes Inc. raised its stake in shares of Estee Lauder Companies by 556.8% in the second quarter. Federated Hermes Inc. now owns 1,554,088 shares of the company’s stock worth $125,570,000 after purchasing an additional 1,317,473 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew 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 worth $20,245,000 after buying an additional 193,833 shares in the last quarter. Waverton Investment Management Ltd raised its position in Estee Lauder Companies by 50.1% in the 2nd quarter. Waverton Investment Management Ltd now owns 151,575 shares of the company’s stock valued at $12,247,000 after buying an additional 50,625 shares during the last quarter. Azzad Asset Management Inc. ADV lifted its stake in Estee Lauder Companies by 55.8% during the 3rd quarter. Azzad Asset Management Inc. ADV now owns 26,682 shares of the company’s stock valued at $2,351,000 after acquiring an additional 9,559 shares in the last quarter. Finally, Strs Ohio boosted its holdings in Estee Lauder Companies by 53.0% during the 3rd quarter. Strs Ohio now owns 190,589 shares of the company’s stock worth $16,795,000 after acquiring an additional 66,003 shares during the last quarter. 55.15% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

EL has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft increased their target price on shares of Estee Lauder Companies from $124.00 to $128.00 and gave the company a “buy” rating in a report on Thursday, January 29th. Barclays dropped their target price on shares of Estee Lauder Companies from $100.00 to $94.00 and set an “equal weight” rating on the stock in a research report on Monday, February 9th. Royal Bank Of Canada restated an “outperform” rating and issued a $113.00 target price on shares of Estee Lauder Companies in a research note on Tuesday, February 3rd. Rothschild & Co Redburn downgraded Estee Lauder Companies from a “neutral” rating to a “sell” rating and decreased their price target for the company from $83.00 to $70.00 in a research report on Tuesday, November 25th. Finally, Zacks Research lowered Estee Lauder Companies from a “strong-buy” rating to a “hold” rating in a report on Monday, February 9th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Estee Lauder Companies presently has a consensus rating of “Hold” and a consensus target price of $104.43.

Estee Lauder Companies Trading Down 3.4%

NYSE:EL opened at $95.81 on Friday. The Estee Lauder Companies Inc. has a 12 month low of $48.37 and a 12 month high of $121.64. 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’s 50 day moving average is $110.14 and its 200 day moving average is $99.52. The stock has a market capitalization of $34.66 billion, a PE ratio of -191.62, a price-to-earnings-growth ratio of 1.11 and a beta of 1.11.

Estee Lauder Companies (NYSE:EL) last announced its quarterly earnings data on Thursday, February 5th. The company reported $0.89 earnings per share for the quarter, beating the consensus estimate of $0.84 by $0.05. The business had revenue of $4.23 billion during the quarter, compared to analyst estimates of $4.22 billion. Estee Lauder Companies had a positive return on equity of 17.59% and a negative net margin of 1.21%.Estee Lauder Companies’s revenue was up 5.6% compared to the same quarter last year. During the same period in the prior year, the company earned $0.62 earnings per share. Estee Lauder Companies has set its FY 2026 guidance at 2.030-2.230 EPS. 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 company also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Friday, February 27th will be paid a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Friday, February 27th. Estee Lauder Companies’s payout ratio is currently -280.00%.

About Estee Lauder Companies

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.