CIBC Bancorp USA Inc. bought a new stake in The Estee Lauder Companies Inc. (NYSE:EL – Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 86,532 shares of the company’s stock, valued at approximately $7,625,000.
Other large investors have also modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Estee Lauder Companies by 4.8% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,898 shares of the company’s stock worth $1,709,000 after acquiring an additional 1,177 shares during the period. NewEdge Advisors LLC increased its stake in Estee Lauder Companies by 33.4% in the first quarter. NewEdge Advisors LLC now owns 6,992 shares of the company’s stock valued at $462,000 after acquiring an additional 1,749 shares during the period. Empowered Funds LLC raised its position in Estee Lauder Companies by 24.1% in the first quarter. Empowered Funds LLC now owns 4,619 shares of the company’s stock worth $305,000 after purchasing an additional 898 shares in the last quarter. Creative Planning lifted its stake in Estee Lauder Companies by 142.7% during the second quarter. Creative Planning now owns 78,785 shares of the company’s stock worth $6,366,000 after purchasing an additional 46,318 shares during the period. Finally, Cetera Investment Advisers lifted its stake in Estee Lauder Companies by 19.9% during the second quarter. Cetera Investment Advisers now owns 31,723 shares of the company’s stock worth $2,563,000 after purchasing an additional 5,257 shares during the period. 55.15% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several research firms have recently weighed in on EL. UBS Group upped their price objective on Estee Lauder Companies from $105.00 to $119.00 and gave the company a “neutral” rating in a research note on Wednesday, January 14th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Estee Lauder Companies in a research note on Thursday, January 22nd. HSBC cut Estee Lauder Companies from a “buy” rating to a “hold” rating and set a $106.00 price target on the stock. in a research report on Tuesday, February 10th. Royal Bank Of Canada reissued an “outperform” rating and set a $113.00 price objective on shares of Estee Lauder Companies in a report on Tuesday, February 3rd. Finally, Telsey Advisory Group restated a “market perform” rating and issued a $105.00 target price on shares of Estee Lauder Companies in a research note on Thursday, February 5th. One research 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 given a Sell rating to the company. According to MarketBeat, Estee Lauder Companies presently has an average rating of “Hold” and a consensus price target of $104.43.
Estee Lauder Companies Trading Up 0.3%
NYSE:EL opened at $85.88 on Friday. The Estee Lauder Companies Inc. has a 12 month low of $48.37 and a 12 month high of $121.64. The stock has a market capitalization of $31.07 billion, a price-to-earnings ratio of -171.76, a PEG ratio of 0.96 and a beta of 1.11. The firm has a fifty day simple moving average of $106.06 and a two-hundred day simple moving average of $99.42. The company has a current ratio of 1.36, a quick ratio of 1.00 and a debt-to-equity ratio of 1.82.
Estee Lauder Companies (NYSE:EL – Get Free Report) last posted its quarterly 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 positive return on equity of 17.59% and a negative net margin of 1.21%.The business had revenue of $4.23 billion for the quarter, compared to the consensus estimate of $4.22 billion. During the same period in the prior year, the business earned $0.62 EPS. The firm’s revenue for the quarter 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 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 announced a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Friday, February 27th were issued a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date was Friday, February 27th. Estee Lauder Companies’s dividend payout ratio (DPR) is currently -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.
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