Ethic Inc. Increases Stake in The Estee Lauder Companies Inc. $EL

Ethic Inc. raised its stake in shares of The Estee Lauder Companies Inc. (NYSE:EL) by 2.5% in the second quarter, HoldingsChannel reports. The institutional investor owned 25,790 shares of the company’s stock after acquiring an additional 629 shares during the period. Ethic Inc.’s holdings in Estee Lauder Companies were worth $2,065,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the stock. Legacy Wealth Asset Management LLC grew its holdings in Estee Lauder Companies by 2.2% during the 2nd quarter. Legacy Wealth Asset Management LLC now owns 5,950 shares of the company’s stock valued at $481,000 after buying an additional 129 shares in the last quarter. VCI Wealth Management LLC grew its holdings in Estee Lauder Companies by 14.3% during the 2nd quarter. VCI Wealth Management LLC now owns 9,760 shares of the company’s stock valued at $789,000 after buying an additional 1,222 shares in the last quarter. Drive Wealth Management LLC purchased a new stake in Estee Lauder Companies during the 2nd quarter valued at approximately $337,000. Chevy Chase Trust Holdings LLC grew its holdings in Estee Lauder Companies by 0.6% during the 2nd quarter. Chevy Chase Trust Holdings LLC now owns 123,783 shares of the company’s stock valued at $10,002,000 after buying an additional 684 shares in the last quarter. Finally, Nordea Investment Management AB grew its holdings in Estee Lauder Companies by 2.1% during the 2nd quarter. Nordea Investment Management AB now owns 1,097,706 shares of the company’s stock valued at $87,520,000 after buying an additional 22,840 shares in the last quarter. 55.15% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Lynn Forester sold 3,702 shares of the business’s stock in a transaction on Friday, August 29th. The shares were sold at an average price of $91.65, for a total transaction of $339,288.30. Following the completion of the sale, the director directly 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Lande Rashida La sold 6,417 shares of the business’s stock in a transaction on 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. 13.05% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft raised their target price on shares of Estee Lauder Companies from $98.00 to $100.00 and gave the company a “buy” rating in a report on Thursday, August 21st. Wall Street Zen raised shares of Estee Lauder Companies from a “sell” rating to a “hold” rating in a report on Saturday. Citigroup raised their target price on shares of Estee Lauder Companies from $60.00 to $99.00 and gave the company a “neutral” rating in a report on Tuesday, July 15th. Royal Bank Of Canada raised their target price on shares of Estee Lauder Companies from $90.00 to $107.00 and gave the company an “outperform” rating in a report on Thursday, August 21st. Finally, Evercore ISI raised their target price on shares of Estee Lauder Companies from $100.00 to $115.00 and gave the company an “outperform” rating in a report on Monday, September 15th. 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 one has given a Sell rating to the company. According to data from MarketBeat.com, Estee Lauder Companies presently has an average rating of “Hold” and a consensus target price of $91.30.

Estee Lauder Companies Stock Up 2.7%

NYSE EL opened at $102.20 on Friday. The firm has a market capitalization of $36.78 billion, a price-to-earnings ratio of -32.55, a PEG ratio of 1.87 and a beta of 1.16. The Estee Lauder Companies Inc. has a 52 week low of $48.37 and a 52 week high of $104.53. 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 company has a fifty day moving average of $90.79 and a two-hundred day moving average of $79.66.

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

Estee Lauder Companies Announces Dividend

The business also recently announced 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 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend was Tuesday, September 2nd. Estee Lauder Companies’s payout ratio is currently -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.