The Estee Lauder Companies Inc. $EL Shares Sold by Rathbones Group PLC

Rathbones Group PLC lowered its stake in The Estee Lauder Companies Inc. (NYSE:EL) by 81.1% during the second quarter, HoldingsChannel reports. The institutional investor owned 179,223 shares of the company’s stock after selling 767,025 shares during the quarter. Rathbones Group PLC’s holdings in Estee Lauder Companies were worth $14,481,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. True Vision MN LLC purchased a new position in Estee Lauder Companies in the 2nd quarter valued at approximately $552,000. Clarius Group LLC purchased a new stake in shares of Estee Lauder Companies during the second quarter worth $227,000. Union Bancaire Privee UBP SA acquired a new stake in shares of Estee Lauder Companies in the second quarter valued at $3,006,000. Drive Wealth Management LLC purchased a new position in Estee Lauder Companies in the second quarter valued at $337,000. Finally, Concurrent Investment Advisors LLC purchased a new position in Estee Lauder Companies in the second quarter valued at $331,000. Hedge funds and other institutional investors own 55.15% of the company’s stock.

Insider Activity

In related news, Director Lynn Forester sold 3,702 shares of the company’s stock in a transaction dated Friday, August 29th. The stock was sold at an average price of $91.65, for a total value of $339,288.30. Following the completion of the sale, the director directly owned 15,479 shares of the company’s stock, valued at $1,418,650.35. This represents a 19.30% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Lande Rashida La sold 6,417 shares of the firm’s stock in a transaction that occurred on Thursday, August 28th. The stock was sold at an average price of $91.88, for a total value of $589,593.96. Additional details regarding this sale are available in the official SEC disclosure. 13.05% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

EL has been the topic of a number of analyst reports. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Estee Lauder Companies in a research report on Wednesday, October 8th. Citigroup upped their target price on shares of Estee Lauder Companies from $95.00 to $105.00 and gave the stock a “neutral” rating in a research note on Friday, October 31st. Wall Street Zen raised shares of Estee Lauder Companies from a “hold” rating to a “buy” rating in a report on Saturday. The Goldman Sachs Group upgraded shares of Estee Lauder Companies from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $76.00 to $115.00 in a report on Monday, October 13th. Finally, Wells Fargo & Company raised their price objective on shares of Estee Lauder Companies from $90.00 to $95.00 and gave the company an “equal weight” rating in a report on Friday, October 31st. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $95.16.

Estee Lauder Companies Stock Performance

Shares of Estee Lauder Companies stock opened at $87.77 on Monday. 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 $104.53. The firm’s 50 day moving average is $91.64 and its two-hundred day moving average is $82.79. The firm has a market capitalization of $31.59 billion, a P/E ratio of -27.95, a P/E/G ratio of 1.77 and a beta of 1.19.

Estee Lauder Companies (NYSE:EL) last issued its earnings results on Thursday, October 30th. The company reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.17. Estee Lauder Companies had a negative net margin of 7.91% and a positive return on equity of 12.37%. The business had revenue of $3.48 billion during the quarter, compared to analysts’ expectations of $3.38 billion. During the same quarter in the prior year, the business posted $0.14 EPS. The company’s revenue for the quarter was up 3.6% on a year-over-year basis. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. Research analysts forecast that The Estee Lauder Companies Inc. will post 1.36 EPS for the current fiscal year.

Estee Lauder Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Stockholders of record on Friday, November 28th will be given a dividend of $0.35 per share. The ex-dividend date is Friday, November 28th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.6%. Estee Lauder Companies’s payout ratio is -54.26%.

Estee Lauder Companies Company Profile

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.