PKO Investment Management Joint Stock Co Reduces Stock Position in The Estee Lauder Companies Inc. $EL

PKO Investment Management Joint Stock Co reduced its stake in The Estee Lauder Companies Inc. (NYSE:EL) by 10.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,500 shares of the company’s stock after selling 2,000 shares during the period. PKO Investment Management Joint Stock Co’s holdings in Estee Lauder Companies were worth $1,333,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of EL. Independent Franchise Partners LLP raised its stake in Estee Lauder Companies by 1.5% during the first quarter. Independent Franchise Partners LLP now owns 7,976,434 shares of the company’s stock valued at $526,445,000 after buying an additional 118,276 shares during the last quarter. Invesco Ltd. grew its position in Estee Lauder Companies by 21.9% during the 1st quarter. Invesco Ltd. now owns 6,681,785 shares of the company’s stock valued at $440,998,000 after purchasing an additional 1,200,537 shares during the last quarter. American Century Companies Inc. grew its position in Estee Lauder Companies by 34.9% during the 1st quarter. American Century Companies Inc. now owns 4,511,115 shares of the company’s stock valued at $297,734,000 after purchasing an additional 1,167,508 shares during the last quarter. Bank of New York Mellon Corp increased its position in shares of Estee Lauder Companies by 3.9% during the first quarter. Bank of New York Mellon Corp now owns 3,088,880 shares of the company’s stock valued at $203,866,000 after acquiring an additional 117,330 shares in the last quarter. Finally, Northern Trust Corp increased its position in shares of Estee Lauder Companies by 3.4% during the first quarter. Northern Trust Corp now owns 2,445,947 shares of the company’s stock valued at $161,433,000 after acquiring an additional 80,387 shares in the last quarter. 55.15% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on EL. Telsey Advisory Group reissued a “market perform” rating and set a $99.00 price target on shares of Estee Lauder Companies in a research report on Thursday. Citigroup raised their target price on shares of Estee Lauder Companies from $60.00 to $99.00 and gave the stock a “neutral” rating in a report on Tuesday, July 15th. Wall Street Zen upgraded shares of Estee Lauder Companies from a “sell” rating to a “hold” rating in a report on Saturday. The Goldman Sachs Group upgraded shares of Estee Lauder Companies from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $76.00 to $115.00 in a research note on Monday, October 13th. Finally, Canaccord Genuity Group raised their price objective on shares of Estee Lauder Companies from $62.00 to $85.00 and gave the company a “hold” rating in a research report on Monday, August 18th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Estee Lauder Companies currently has an average rating of “Hold” and an average target price of $91.30.

Estee Lauder Companies Stock Performance

Shares of NYSE EL opened at $102.20 on Friday. The firm’s fifty day moving average is $90.79 and its two-hundred day moving average is $79.46. The Estee Lauder Companies Inc. has a 52-week low of $48.37 and a 52-week high of $104.53. 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 company has a market cap of $36.78 billion, a P/E ratio of -32.55, a P/E/G ratio of 1.82 and a beta of 1.16.

Estee Lauder Companies (NYSE:EL) last released its quarterly earnings results on Wednesday, August 20th. The company reported $0.09 EPS for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $3.36 billion. During the same period in the previous year, the company earned $0.64 EPS. The firm’s revenue for the quarter 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. As a group, analysts anticipate that The Estee Lauder Companies Inc. will post 1.36 EPS for the current fiscal year.

Estee Lauder Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd were given a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend was Tuesday, September 2nd. Estee Lauder Companies’s dividend payout ratio is presently -44.59%.

Insider Activity at Estee Lauder Companies

In other Estee Lauder Companies news, VP Lande Rashida La sold 6,417 shares of the company’s stock in a transaction that occurred on Thursday, August 28th. The shares were sold at an average price of $91.88, for a total transaction of $589,593.96. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Lynn Forester sold 3,702 shares of the company’s stock in a transaction on Friday, August 29th. The shares were sold at an average price of $91.65, for a total transaction of $339,288.30. Following the completion of the sale, 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 ownership of the stock. The disclosure for this sale can be found here. 13.05% of the stock is currently owned by corporate insiders.

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.