King Luther Capital Management Corp Raises Stock Position in The Estee Lauder Companies Inc. $EL

King Luther Capital Management Corp increased its position in shares of The Estee Lauder Companies Inc. (NYSE:ELFree Report) by 72.5% during the second quarter, HoldingsChannel.com reports. The fund owned 67,556 shares of the company’s stock after acquiring an additional 28,397 shares during the period. King Luther Capital Management Corp’s holdings in Estee Lauder Companies were worth $5,459,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Envestnet Asset Management Inc. increased its holdings in shares of Estee Lauder Companies by 16.1% in the first quarter. Envestnet Asset Management Inc. now owns 140,295 shares of the company’s stock worth $9,259,000 after purchasing an additional 19,506 shares during the period. M&T Bank Corp boosted its stake in Estee Lauder Companies by 19.4% during the first quarter. M&T Bank Corp now owns 17,054 shares of the company’s stock valued at $1,126,000 after buying an additional 2,770 shares during the period. Arizona State Retirement System boosted its stake in Estee Lauder Companies by 4.9% during the first quarter. Arizona State Retirement System now owns 67,472 shares of the company’s stock valued at $4,453,000 after buying an additional 3,170 shares during the period. CWM LLC grew its position in Estee Lauder Companies by 22.2% during the first quarter. CWM LLC now owns 6,605 shares of the company’s stock worth $436,000 after buying an additional 1,200 shares in the last quarter. Finally, Bleakley Financial Group LLC increased its stake in Estee Lauder Companies by 47.2% in the 1st quarter. Bleakley Financial Group LLC now owns 12,510 shares of the company’s stock worth $826,000 after acquiring an additional 4,011 shares during the last quarter. 55.15% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Lynn Forester sold 3,702 shares of the firm’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 transaction of $339,288.30. Following the transaction, the director directly owned 15,479 shares in the company, valued at $1,418,650.35. This trade represents a 19.30% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Lande Rashida La sold 6,417 shares of Estee Lauder Companies stock in a transaction that occurred on Thursday, August 28th. The stock was sold at an average price of $91.88, for a total value of $589,593.96. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 13.05% of the company’s stock.

Estee Lauder Companies Trading Up 2.2%

EL stock opened at $89.64 on Tuesday. The company has a market capitalization of $32.26 billion, a PE ratio of -28.55, a price-to-earnings-growth ratio of 1.77 and a beta of 1.19. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.92 and a current ratio of 1.30. The Estee Lauder Companies Inc. has a one year low of $48.37 and a one year high of $104.53. The company’s 50 day moving average price is $91.60 and its two-hundred day moving average price is $83.00.

Estee Lauder Companies (NYSE:ELGet Free Report) last released its earnings results on Thursday, October 30th. The company reported $0.32 EPS for the quarter, beating the consensus estimate of $0.15 by $0.17. The company had revenue of $3.48 billion for the quarter, compared to analyst estimates of $3.38 billion. Estee Lauder Companies had a negative net margin of 7.91% and a positive return on equity of 12.37%. The firm’s quarterly revenue was up 3.6% compared to the same quarter last year. During the same quarter last year, the firm earned $0.14 EPS. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. As a group, analysts predict that The Estee Lauder Companies Inc. will post 1.36 earnings per share for the current fiscal year.

Estee Lauder Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Stockholders of record on Friday, November 28th will be paid 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 of this dividend is Friday, November 28th. Estee Lauder Companies’s payout ratio is -54.26%.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. Citigroup lifted their price target on Estee Lauder Companies from $95.00 to $105.00 and gave the company a “neutral” rating in a research report on Friday, October 31st. UBS Group upped their price objective on shares of Estee Lauder Companies from $93.00 to $105.00 and gave the stock a “neutral” rating in a research report on Friday, October 31st. Telsey Advisory Group lifted their target price on shares of Estee Lauder Companies from $99.00 to $105.00 and gave the company a “market perform” rating in a research report on Friday, October 31st. JPMorgan Chase & Co. boosted their price target on shares of Estee Lauder Companies from $114.00 to $116.00 and gave the stock an “overweight” rating in a research note on Friday, October 31st. Finally, Barclays raised their price objective on shares of Estee Lauder Companies from $63.00 to $84.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 15th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $95.16.

Get Our Latest Analysis on EL

Estee Lauder Companies Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding EL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Estee Lauder Companies Inc. (NYSE:ELFree Report).

Institutional Ownership by Quarter for Estee Lauder Companies (NYSE:EL)

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