California Public Employees Retirement System Has $29.66 Million Stock Holdings in The Estee Lauder Companies Inc. $EL

California Public Employees Retirement System trimmed its position in The Estee Lauder Companies Inc. (NYSE:EL) by 1.7% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 413,289 shares of the company’s stock after selling 6,992 shares during the quarter. California Public Employees Retirement System owned approximately 0.11% of Estee Lauder Companies worth $29,662,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of EL. Covenant Asset Management LLC bought a new position in shares of Estee Lauder Companies during the 4th quarter worth approximately $3,634,000. Aberdeen Group plc raised its stake in Estee Lauder Companies by 13.4% in the 4th quarter. Aberdeen Group plc now owns 201,255 shares of the company’s stock valued at $21,075,000 after acquiring an additional 23,717 shares during the period. Eurizon Capital SGR S.p.A. acquired a new stake in Estee Lauder Companies during the 4th quarter valued at $14,619,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in Estee Lauder Companies during the fourth quarter worth $19,438,000. Finally, WT Asset Management Ltd increased its holdings in shares of Estee Lauder Companies by 60.6% in the fourth quarter. WT Asset Management Ltd now owns 53,000 shares of the company’s stock valued at $5,550,000 after purchasing an additional 20,000 shares during the last quarter. 55.15% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

EL has been the subject of several research analyst reports. Piper Sandler began coverage on shares of Estee Lauder Companies in a report on Friday, May 15th. They set an “overweight” rating and a $95.00 target price for the company. Wells Fargo & Company raised their price objective on shares of Estee Lauder Companies from $75.00 to $85.00 and gave the stock an “equal weight” rating in a research report on Monday, May 4th. Deutsche Bank Aktiengesellschaft reduced their price objective on Estee Lauder Companies from $124.00 to $108.00 and set a “buy” rating for the company in a report on Monday, March 30th. Zacks Research lowered Estee Lauder Companies from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 10th. Finally, TD Cowen lifted their price target on Estee Lauder Companies from $85.00 to $90.00 and gave the stock a “hold” rating in a report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $98.11.

Estee Lauder Companies Stock Performance

Shares of NYSE:EL opened at $82.45 on Wednesday. The Estee Lauder Companies Inc. has a 12-month low of $66.22 and a 12-month high of $121.64. The company’s 50 day moving average price is $83.72 and its two-hundred day moving average price is $90.78. The firm has a market cap of $29.83 billion, a PE ratio of -117.79, a PEG ratio of 0.65 and a beta of 1.27. The company has a quick ratio of 0.94, a current ratio of 1.27 and a debt-to-equity ratio of 1.71.

Estee Lauder Companies (NYSE:EL) last issued its quarterly earnings results on Friday, May 1st. The company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.25. The business had revenue of $3.71 billion during the quarter, compared to analysts’ expectations of $3.69 billion. Estee Lauder Companies had a positive return on equity of 20.66% and a negative net margin of 1.67%.The firm’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.65 earnings per share. Estee Lauder Companies has set its FY 2026 guidance at 2.330-2.430 EPS. Equities research analysts predict that The Estee Lauder Companies Inc. will post 2.41 earnings per share for the current year.

Estee Lauder Companies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 29th were given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date was Friday, May 29th. Estee Lauder Companies’s dividend payout ratio is presently -200.00%.

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.