3,382 Shares in The Estee Lauder Companies Inc. $EL Purchased by Meridian Wealth Management LLC

Meridian Wealth Management LLC purchased a new stake in shares of The Estee Lauder Companies Inc. (NYSE:EL) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,382 shares of the company’s stock, valued at approximately $273,000.

Other institutional investors have also recently made changes to their positions in the company. TD Private Client Wealth LLC boosted its holdings in shares of Estee Lauder Companies by 246.4% in the 2nd quarter. TD Private Client Wealth LLC now owns 478 shares of the company’s stock valued at $39,000 after buying an additional 340 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC raised its position in Estee Lauder Companies by 1,182.1% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 500 shares of the company’s stock worth $33,000 after acquiring an additional 461 shares in the last quarter. Golden State Wealth Management LLC lifted its stake in Estee Lauder Companies by 69.5% in the second quarter. Golden State Wealth Management LLC now owns 512 shares of the company’s stock valued at $41,000 after acquiring an additional 210 shares during the last quarter. Ameritas Advisory Services LLC acquired a new position in shares of Estee Lauder Companies during the 2nd quarter worth about $44,000. Finally, Winthrop Capital Management LLC raised its holdings in shares of Estee Lauder Companies by 2,240.0% in the 1st quarter. Winthrop Capital Management LLC now owns 585 shares of the company’s stock valued at $39,000 after purchasing an additional 560 shares during the period. Institutional investors and hedge funds own 55.15% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on EL shares. Canaccord Genuity Group lifted their price target on Estee Lauder Companies from $85.00 to $100.00 and gave the stock a “hold” rating in a report on Monday, October 27th. Wall Street Zen raised Estee Lauder Companies from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. Weiss Ratings reissued a “sell (d)” rating on shares of Estee Lauder Companies in a report on Wednesday, October 8th. UBS Group raised their price target on Estee Lauder Companies from $93.00 to $105.00 and gave the company a “neutral” rating in a report on Friday, October 31st. Finally, The Goldman Sachs Group raised shares of Estee Lauder Companies from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $76.00 to $115.00 in a research report on Monday, October 13th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $95.65.

Insider Activity

In related news, Director Lynn Forester sold 3,702 shares of the business’s stock in a transaction that occurred on 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 in the company, 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 filing with the SEC, which is accessible through this link. Also, Director Barry S. Sternlicht sold 3,972 shares of the firm’s stock in a transaction on Tuesday, November 11th. The stock was sold at an average price of $91.83, for a total value of $364,748.76. Following the transaction, the director owned 34,812 shares in the company, valued at approximately $3,196,785.96. This trade represents a 10.24% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 14,091 shares of company stock worth $1,293,631. Corporate insiders own 13.05% of the company’s stock.

Estee Lauder Companies Stock Performance

EL opened at $88.03 on Wednesday. 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 business has a fifty day simple moving average of $91.57 and a 200 day simple moving average of $84.27. The Estee Lauder Companies Inc. has a 1 year low of $48.37 and a 1 year high of $104.53. The company has a market capitalization of $31.72 billion, a PE ratio of -28.03, a price-to-earnings-growth ratio of 1.77 and a beta of 1.19.

Estee Lauder Companies (NYSE:EL) last posted its earnings results on Thursday, October 30th. The company reported $0.32 earnings per share for the quarter, topping analysts’ consensus estimates of $0.15 by $0.17. Estee Lauder Companies had a positive return on equity of 12.37% and a negative net margin of 7.91%.The company had revenue of $3.48 billion during the quarter, compared to the consensus estimate of $3.38 billion. During the same quarter last year, the firm earned $0.14 earnings per share. The company’s revenue 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 expect that The Estee Lauder Companies Inc. will post 1.36 EPS for the current year.

Estee Lauder Companies Announces Dividend

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

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.