Amica Mutual Insurance Co. Purchases 12,722 Shares of The Estee Lauder Companies Inc. $EL

Amica Mutual Insurance Co. grew its holdings in shares of The Estee Lauder Companies Inc. (NYSE:EL) by 63.8% in the fourth quarter, HoldingsChannel.com reports. The fund owned 32,673 shares of the company’s stock after acquiring an additional 12,722 shares during the quarter. Amica Mutual Insurance Co.’s holdings in Estee Lauder Companies were worth $3,422,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. Covenant Asset Management LLC bought a new stake in shares of Estee Lauder Companies during the 4th quarter valued at about $3,634,000. Aberdeen Group plc increased its holdings in Estee Lauder Companies by 13.4% in the fourth quarter. Aberdeen Group plc now owns 201,255 shares of the company’s stock worth $21,075,000 after purchasing an additional 23,717 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its stake in Estee Lauder Companies by 539.7% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 229,749 shares of the company’s stock valued at $20,245,000 after buying an additional 193,833 shares during the period. Azzad Asset Management Inc. ADV boosted its holdings in shares of Estee Lauder Companies by 55.8% during the 3rd quarter. Azzad Asset Management Inc. ADV now owns 26,682 shares of the company’s stock worth $2,351,000 after buying an additional 9,559 shares in the last quarter. Finally, HighTower Advisors LLC boosted its holdings in shares of Estee Lauder Companies by 44.5% during the 3rd quarter. HighTower Advisors LLC now owns 37,002 shares of the company’s stock worth $3,261,000 after buying an additional 11,398 shares in the last quarter. 55.15% of the stock is owned by institutional investors.

Estee Lauder Companies Stock Performance

Shares of EL opened at $89.10 on Friday. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.94 and a current ratio of 1.27. The stock has a 50 day moving average price of $78.12 and a two-hundred day moving average price of $94.82. The firm has a market capitalization of $32.23 billion, a P/E ratio of -127.28, a P/E/G ratio of 0.93 and a beta of 1.22. The Estee Lauder Companies Inc. has a 52 week low of $64.83 and a 52 week high of $121.64.

Estee Lauder Companies (NYSE:EL) last posted its quarterly earnings data on Friday, May 1st. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.66 by $0.25. Estee Lauder Companies had a negative net margin of 1.67% and a positive return on equity of 20.66%. The firm had revenue of $3.71 billion during the quarter, compared to analyst estimates of $3.69 billion. During the same quarter last year, the business posted $0.65 EPS. The company’s revenue for the quarter was up 4.6% on a year-over-year basis. Estee Lauder Companies has set its FY 2026 guidance at 2.330-2.430 EPS. Equities analysts forecast that The Estee Lauder Companies Inc. will post 2.41 earnings per share for the current fiscal year.

Estee Lauder Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Friday, May 29th. Estee Lauder Companies’s dividend payout ratio is currently -200.00%.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on EL shares. Wells Fargo & Company lifted their price objective on shares of Estee Lauder Companies from $75.00 to $85.00 and gave the company an “equal weight” rating in a research note on Monday, May 4th. JPMorgan Chase & Co. increased their target price on shares of Estee Lauder Companies from $98.00 to $99.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. Royal Bank Of Canada restated an “outperform” rating and issued a $113.00 price target on shares of Estee Lauder Companies in a report on Tuesday, February 3rd. Wall Street Zen lowered shares of Estee Lauder Companies from a “buy” rating to a “hold” rating in a report on Saturday, April 4th. Finally, Piper Sandler initiated coverage on shares of Estee Lauder Companies in a report on Friday, May 15th. They set an “overweight” rating and a $95.00 price objective on the stock. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Estee Lauder Companies has an average rating of “Moderate Buy” and an average price target of $101.63.

About Estee Lauder Companies

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.