Prudential Financial Inc. Purchases 12,083 Shares of The Estee Lauder Companies Inc. $EL

Prudential Financial Inc. lifted its position in The Estee Lauder Companies Inc. (NYSE:EL) by 9.6% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 137,572 shares of the company’s stock after buying an additional 12,083 shares during the quarter. Prudential Financial Inc.’s holdings in Estee Lauder Companies were worth $11,116,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Avantax Advisory Services Inc. bought a new stake in Estee Lauder Companies during the first quarter valued at about $802,000. HB Wealth Management LLC lifted its position in shares of Estee Lauder Companies by 10.6% during the 1st quarter. HB Wealth Management LLC now owns 3,236 shares of the company’s stock worth $214,000 after purchasing an additional 311 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Estee Lauder Companies by 1.2% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 60,159 shares of the company’s stock valued at $3,970,000 after purchasing an additional 741 shares during the period. LPL Financial LLC boosted its stake in Estee Lauder Companies by 24.8% during the 1st quarter. LPL Financial LLC now owns 64,503 shares of the company’s stock valued at $4,257,000 after purchasing an additional 12,804 shares during the period. Finally, Meeder Advisory Services Inc. grew its holdings in Estee Lauder Companies by 3.1% in the 1st quarter. Meeder Advisory Services Inc. now owns 7,339 shares of the company’s stock valued at $484,000 after buying an additional 220 shares during the last quarter. 55.15% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, VP Meridith Webster sold 5,430 shares of the business’s stock in a transaction on Tuesday, November 18th. The stock was sold at an average price of $87.84, for a total value of $476,971.20. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Barry S. Sternlicht sold 3,972 shares of the company’s stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $91.83, for a total value of $364,748.76. Following the completion of the sale, the director owned 34,812 shares in the company, valued at $3,196,785.96. This trade represents a 10.24% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 13.05% of the stock is currently owned by insiders.

Estee Lauder Companies Stock Up 2.1%

EL opened at $93.85 on Friday. The company has a market capitalization of $33.82 billion, a P/E ratio of -29.89, a P/E/G ratio of 1.77 and a beta of 1.19. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.30 and a quick ratio of 0.92. The firm’s fifty day moving average price is $92.09 and its two-hundred day moving average price is $85.44. The Estee Lauder Companies Inc. has a fifty-two week low of $48.37 and a fifty-two week high of $104.53.

Estee Lauder Companies (NYSE:EL) last released its quarterly earnings data on Thursday, October 30th. The company reported $0.32 EPS for the quarter, topping analysts’ consensus estimates 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 company had revenue of $3.48 billion during the quarter, compared to the consensus estimate of $3.38 billion. During the same period last year, the firm earned $0.14 EPS. The firm’s revenue for the quarter was up 3.6% compared to the same quarter last year. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. On average, analysts anticipate that The Estee Lauder Companies Inc. will post 1.36 EPS for the current year.

Estee Lauder Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 15th. Shareholders of record on Friday, November 28th will be issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Friday, November 28th. Estee Lauder Companies’s payout ratio is presently -54.26%.

Analyst Upgrades and Downgrades

EL has been the subject of a number of research analyst reports. Royal Bank Of Canada upped their price target on Estee Lauder Companies from $107.00 to $113.00 and gave the stock an “outperform” rating in a report on Friday, October 31st. Telsey Advisory Group boosted their target price on shares of Estee Lauder Companies from $99.00 to $105.00 and gave the stock a “market perform” rating in a research report on Friday, October 31st. Rothschild Redb downgraded shares of Estee Lauder Companies from a “hold” rating to a “strong sell” rating in a report on Tuesday. Evercore ISI raised their price target on shares of Estee Lauder Companies from $100.00 to $115.00 and gave the stock an “outperform” rating in a research report on Monday, September 15th. Finally, Wells Fargo & Company upped 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 research report on Friday, October 31st. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, Estee Lauder Companies presently has an average rating of “Hold” and an average price target of $94.43.

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.