Prime Capital Investment Advisors LLC Takes $230,000 Position in The Estee Lauder Companies Inc. $EL

Prime Capital Investment Advisors LLC bought a new stake in The Estee Lauder Companies Inc. (NYSE:EL) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 2,842 shares of the company’s stock, valued at approximately $230,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Annis Gardner Whiting Capital Advisors LLC boosted its holdings in shares of Estee Lauder Companies by 1,182.1% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 500 shares of the company’s stock valued at $33,000 after acquiring an additional 461 shares in the last quarter. Winthrop Capital Management LLC boosted its holdings in shares of Estee Lauder Companies by 2,240.0% in the first quarter. Winthrop Capital Management LLC now owns 585 shares of the company’s stock valued at $39,000 after acquiring an additional 560 shares in the last quarter. TD Private Client Wealth LLC boosted its holdings in shares of Estee Lauder Companies by 246.4% in the second quarter. TD Private Client Wealth LLC now owns 478 shares of the company’s stock valued at $39,000 after acquiring an additional 340 shares in the last quarter. Golden State Wealth Management LLC boosted its position in shares of Estee Lauder Companies by 57.3% during the 1st quarter. Golden State Wealth Management LLC now owns 626 shares of the company’s stock worth $41,000 after purchasing an additional 228 shares in the last quarter. Finally, CVA Family Office LLC boosted its position in shares of Estee Lauder Companies by 116.2% during the 1st quarter. CVA Family Office LLC now owns 668 shares of the company’s stock worth $44,000 after purchasing an additional 359 shares in the last quarter. Hedge funds and other institutional investors own 55.15% of the company’s stock.

Insider Buying and Selling at Estee Lauder Companies

In related news, Director Lynn Forester sold 3,702 shares of the business’s stock in a transaction dated Friday, August 29th. The shares were sold at an average price of $91.65, for a total value of $339,288.30. Following the completion of the transaction, the director owned 15,479 shares of the company’s stock, valued at approximately $1,418,650.35. The trade was a 19.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Lande Rashida La sold 6,417 shares of the business’s stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $91.88, for a total transaction of $589,593.96. The disclosure for this sale can be found here. Insiders own 13.05% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on EL shares. Bank of America started coverage on shares of Estee Lauder Companies in a research report on Thursday, July 10th. They set a “buy” rating and a $110.00 target price on the stock. Barclays boosted their target price on shares of Estee Lauder Companies from $63.00 to $84.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 15th. Royal Bank Of Canada boosted their target price on shares of Estee Lauder Companies from $90.00 to $107.00 and gave the stock an “outperform” rating in a research report on Thursday, August 21st. JPMorgan Chase & Co. boosted their target price on shares of Estee Lauder Companies from $99.00 to $114.00 and gave the stock an “overweight” rating in a research report on Friday. Finally, Citigroup boosted their target price on shares of Estee Lauder Companies from $60.00 to $99.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 15th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $89.30.

Estee Lauder Companies Trading Down 6.6%

NYSE:EL opened at $87.77 on Monday. The company has a market capitalization of $31.59 billion, a PE ratio of -27.95, a price-to-earnings-growth ratio of 2.50 and a beta of 1.16. The company has a quick ratio of 0.92, a current ratio of 1.30 and a debt-to-equity ratio of 1.89. The Estee Lauder Companies Inc. has a 52-week low of $48.37 and a 52-week high of $97.44. The stock has a fifty day simple moving average of $89.40 and a 200-day simple moving average of $77.07.

Estee Lauder Companies (NYSE:EL) last released its quarterly earnings results on Wednesday, August 20th. The company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.02. The business had revenue of $3.41 billion during the quarter, compared to the consensus estimate of $3.36 billion. Estee Lauder Companies had a positive return on equity of 12.37% and a negative net margin of 7.91%.The business’s revenue was down 11.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.64 EPS. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. On average, equities research analysts expect that The Estee Lauder Companies Inc. will post 1.36 earnings per share for the current fiscal year.

Estee Lauder Companies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd were paid a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend was Tuesday, September 2nd. Estee Lauder Companies’s payout ratio is -44.59%.

About Estee Lauder Companies

The Estée Lauder Companies Inc manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. It offers skin care products, including moisturizers, serums, cleansers, toners, body care, exfoliators, acne care and oil correctors, facial masks, and sun care products; and makeup products, such as lipsticks, lip glosses, mascaras, foundations, eyeshadows, and powders, as well as compacts, brushes, and other makeup tools.