Cardinal Point Capital Management ULC Buys Shares of 4,180 The Estee Lauder Companies Inc. $EL

Cardinal Point Capital Management ULC bought a new stake in shares of The Estee Lauder Companies Inc. (NYSE:EL) during the 2nd quarter, HoldingsChannel.com reports. The firm bought 4,180 shares of the company’s stock, valued at approximately $338,000.

Other hedge funds have also modified their holdings of the company. Generali Asset Management SPA SGR boosted its stake in shares of Estee Lauder Companies by 1.6% in the 2nd quarter. Generali Asset Management SPA SGR now owns 7,361 shares of the company’s stock valued at $595,000 after purchasing an additional 119 shares during the last quarter. Joel Isaacson & Co. LLC raised its stake in shares of Estee Lauder Companies by 0.4% during the second quarter. Joel Isaacson & Co. LLC now owns 28,826 shares of the company’s stock worth $2,329,000 after buying an additional 120 shares during the last quarter. LRI Investments LLC raised its stake in shares of Estee Lauder Companies by 2.6% during the second quarter. LRI Investments LLC now owns 5,007 shares of the company’s stock worth $405,000 after buying an additional 126 shares during the last quarter. Legacy Wealth Asset Management LLC raised its stake in shares of Estee Lauder Companies by 2.2% during the second quarter. Legacy Wealth Asset Management LLC now owns 5,950 shares of the company’s stock worth $481,000 after buying an additional 129 shares during the last quarter. Finally, Signaturefd LLC raised its stake in shares of Estee Lauder Companies by 9.3% during the second quarter. Signaturefd LLC now owns 1,815 shares of the company’s stock worth $147,000 after buying an additional 154 shares during the last quarter. 55.15% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, VP Lande Rashida La sold 6,417 shares of the stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $91.88, for a total value of $589,593.96. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Lynn Forester sold 3,702 shares of the firm’s stock in a transaction dated Friday, August 29th. The stock was sold at an average price of $91.65, for a total transaction of $339,288.30. Following the transaction, the director directly owned 15,479 shares in the company, valued at approximately $1,418,650.35. This represents a 19.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. 13.05% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on EL. Hsbc Global Res raised shares of Estee Lauder Companies from a “hold” rating to a “strong-buy” rating in a research note on Friday, June 27th. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Estee Lauder Companies from $98.00 to $100.00 and gave the stock a “buy” rating in a research note on Thursday, August 21st. Canaccord Genuity Group boosted their price target on shares of Estee Lauder Companies from $62.00 to $85.00 and gave the stock a “hold” rating in a research note on Monday, August 18th. HSBC raised shares of Estee Lauder Companies from a “hold” rating to a “buy” rating and upped their target price for the company from $80.00 to $99.00 in a research note on Friday, June 27th. Finally, Wells Fargo & Company upped their target price on shares of Estee Lauder Companies from $60.00 to $90.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 9th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Estee Lauder Companies presently has an average rating of “Hold” and a consensus price target of $91.30.

Estee Lauder Companies Stock Performance

Shares of EL opened at $102.20 on Friday. The Estee Lauder Companies Inc. has a 12 month low of $48.37 and a 12 month high of $104.53. The firm has a fifty day simple moving average of $90.79 and a 200 day simple moving average of $79.46. The stock has a market capitalization of $36.78 billion, a price-to-earnings ratio of -32.55, a PEG ratio of 1.82 and a beta of 1.16. The company has a current ratio of 1.30, a quick ratio of 0.92 and a debt-to-equity ratio of 1.89.

Estee Lauder Companies (NYSE:EL) last posted its quarterly earnings results on Wednesday, August 20th. The company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.02. Estee Lauder Companies had a negative net margin of 7.91% and a positive return on equity of 12.37%. The firm had revenue of $3.41 billion for the quarter, compared to analyst estimates of $3.36 billion. During the same period in the prior year, the firm posted $0.64 earnings per share. The company’s quarterly revenue was down 11.9% compared to the same quarter last year. 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 business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd were given a $0.35 dividend. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $1.40 annualized dividend and a dividend yield of 1.4%. Estee Lauder Companies’s dividend payout ratio is presently -44.59%.

Estee Lauder Companies 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.