Seven Grand Managers LLC Makes New Investment in The Estee Lauder Companies Inc. $EL

Seven Grand Managers LLC bought a new position in shares of The Estee Lauder Companies Inc. (NYSE:EL) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 100,000 shares of the company’s stock, valued at approximately $10,472,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in EL. M&T Bank Corp grew its holdings in shares of Estee Lauder Companies by 16,270.3% during the 4th quarter. M&T Bank Corp now owns 2,667,208 shares of the company’s stock worth $279,310,000 after acquiring an additional 2,650,915 shares during the period. Victory Capital Management Inc. grew its holdings in shares of Estee Lauder Companies by 3,181.4% during the 3rd quarter. Victory Capital Management Inc. now owns 2,312,535 shares of the company’s stock worth $203,781,000 after acquiring an additional 2,242,062 shares during the period. Wellington Management Group LLP grew its holdings in shares of Estee Lauder Companies by 3,986.4% during the 3rd quarter. Wellington Management Group LLP now owns 2,082,217 shares of the company’s stock worth $183,485,000 after acquiring an additional 2,031,262 shares during the period. Bank of New York Mellon Corp grew its holdings in shares of Estee Lauder Companies by 46.4% during the 3rd quarter. Bank of New York Mellon Corp now owns 6,112,501 shares of the company’s stock worth $538,634,000 after acquiring an additional 1,937,107 shares during the period. Finally, Franklin Resources Inc. grew its holdings in shares of Estee Lauder Companies by 1,193.8% during the 3rd quarter. Franklin Resources Inc. now owns 1,521,399 shares of the company’s stock worth $134,066,000 after acquiring an additional 1,403,807 shares during the period. Hedge funds and other institutional investors own 55.15% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on the company. Canaccord Genuity Group upped their target price on Estee Lauder Companies from $80.00 to $85.00 and gave the stock a “hold” rating in a report on Monday, May 4th. Barclays upped their target price on Estee Lauder Companies from $72.00 to $75.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 5th. Wells Fargo & Company upped their target price on Estee Lauder Companies from $75.00 to $85.00 and gave the stock an “equal weight” rating in a report on Monday, May 4th. Deutsche Bank Aktiengesellschaft reduced their target price on Estee Lauder Companies from $124.00 to $108.00 and set a “buy” rating on the stock in a report on Monday, March 30th. Finally, UBS Group upped their price target on Estee Lauder Companies from $75.00 to $85.00 and gave the stock a “neutral” rating in a research note on Monday, May 4th. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $101.63.

Estee Lauder Companies Stock Performance

Estee Lauder Companies stock opened at $91.23 on Thursday. The company has a quick ratio of 0.94, a current ratio of 1.27 and a debt-to-equity ratio of 1.71. The company has a market capitalization of $33.01 billion, a P/E ratio of -130.33, a PEG ratio of 0.89 and a beta of 1.22. The stock’s 50 day moving average is $78.02 and its 200 day moving average is $94.84. The Estee Lauder Companies Inc. has a twelve month low of $64.83 and a twelve month high of $121.64.

Estee Lauder Companies (NYSE:EL) last posted its quarterly earnings results on Friday, May 1st. The company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.66 by $0.25. The company had revenue of $3.71 billion for the quarter, compared to the consensus estimate 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 quarterly revenue was up 4.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.65 EPS. Estee Lauder Companies has set its FY 2026 guidance at 2.330-2.430 EPS. On average, equities research analysts predict that The Estee Lauder Companies Inc. will post 2.41 earnings per share for the current fiscal year.

Estee Lauder Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be paid a $0.35 dividend. The ex-dividend date is Friday, May 29th. This represents a $1.40 annualized dividend and a dividend yield of 1.5%. 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.