OLD National Bancorp IN lowered its position in The Estee Lauder Companies Inc. (NYSE:EL – Free Report) by 65.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 30,365 shares of the company’s stock after selling 57,405 shares during the period. OLD National Bancorp IN’s holdings in Estee Lauder Companies were worth $3,180,000 at the end of the most recent quarter.
A number of other large investors have also modified their holdings of EL. Flagship Harbor Advisors LLC acquired a new position in shares of Estee Lauder Companies in the fourth quarter worth about $32,000. Quent Capital LLC acquired a new position in shares of Estee Lauder Companies in the third quarter worth about $33,000. Hantz Financial Services Inc. raised its position in shares of Estee Lauder Companies by 80.6% in the third quarter. Hantz Financial Services Inc. now owns 372 shares of the company’s stock worth $33,000 after acquiring an additional 166 shares during the period. Kelleher Financial Advisors acquired a new position in shares of Estee Lauder Companies in the third quarter worth about $39,000. Finally, BOCHK Asset Management Ltd acquired a new position in shares of Estee Lauder Companies in the fourth quarter worth about $42,000. Institutional investors and hedge funds own 55.15% of the company’s stock.
Analyst Ratings Changes
A number of brokerages have weighed in on EL. Wall Street Zen downgraded shares of Estee Lauder Companies from a “buy” rating to a “hold” rating in a research report on Saturday, April 4th. Royal Bank Of Canada reissued an “outperform” rating and set a $113.00 target price on shares of Estee Lauder Companies in a research note on Tuesday, February 3rd. JPMorgan Chase & Co. cut their target price on shares of Estee Lauder Companies from $121.00 to $98.00 and set an “overweight” rating for the company in a research note on Friday, April 17th. Deutsche Bank Aktiengesellschaft cut their target price on shares of Estee Lauder Companies from $124.00 to $108.00 and set a “buy” rating for the company in a research note on Monday, March 30th. Finally, UBS Group cut their target price on shares of Estee Lauder Companies from $107.00 to $75.00 and set a “neutral” rating for the company in a research note on Tuesday, April 7th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, Estee Lauder Companies presently has a consensus rating of “Hold” and an average target price of $97.95.
Estee Lauder Companies Stock Down 0.3%
EL stock opened at $76.41 on Friday. The stock has a market capitalization of $27.64 billion, a P/E ratio of -152.82, a P/E/G ratio of 0.89 and a beta of 1.26. The firm has a 50-day simple moving average of $87.03 and a 200-day simple moving average of $96.95. The company has a quick ratio of 1.00, a current ratio of 1.36 and a debt-to-equity ratio of 1.82. The Estee Lauder Companies Inc. has a 52 week low of $56.18 and a 52 week high of $121.64.
Estee Lauder Companies (NYSE:EL – Get Free Report) last released its earnings results on Thursday, February 5th. The company reported $0.89 EPS for the quarter, topping analysts’ consensus estimates of $0.84 by $0.05. The business had revenue of $4.23 billion during the quarter, compared to analysts’ expectations of $4.22 billion. Estee Lauder Companies had a negative net margin of 1.21% and a positive return on equity of 17.59%. The company’s quarterly revenue was up 5.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.62 earnings per share. Estee Lauder Companies has set its FY 2026 guidance at 2.030-2.230 EPS. Equities analysts forecast that The Estee Lauder Companies Inc. will post 2.23 earnings per share for the current fiscal year.
Estee Lauder Companies Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Friday, February 27th were paid a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend was Friday, February 27th. Estee Lauder Companies’s dividend payout ratio is currently -280.00%.
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.
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