Waterfront Wealth Inc. Grows Position in The Estee Lauder Companies Inc. $EL

Waterfront Wealth Inc. boosted its stake in The Estee Lauder Companies Inc. (NYSE:EL) by 17.3% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 17,712 shares of the company’s stock after buying an additional 2,614 shares during the quarter. Waterfront Wealth Inc.’s holdings in Estee Lauder Companies were worth $1,431,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. TD Private Client Wealth LLC increased its position in shares of Estee Lauder Companies by 246.4% during the 2nd quarter. TD Private Client Wealth LLC now owns 478 shares of the company’s stock valued at $39,000 after purchasing an additional 340 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC increased its position in shares of Estee Lauder Companies by 1,182.1% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 500 shares of the company’s stock valued at $33,000 after purchasing an additional 461 shares during the last quarter. Ameritas Advisory Services LLC purchased a new stake in shares of Estee Lauder Companies during the 2nd quarter valued at $44,000. Winthrop Capital Management LLC increased its position in shares of Estee Lauder Companies by 2,240.0% during the 1st quarter. Winthrop Capital Management LLC now owns 585 shares of the company’s stock valued at $39,000 after purchasing an additional 560 shares during the last quarter. Finally, Golden State Wealth Management LLC increased its position in shares of Estee Lauder Companies by 57.3% during the 1st quarter. Golden State Wealth Management LLC now owns 626 shares of the company’s stock valued at $41,000 after purchasing an additional 228 shares during the last quarter. 55.15% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other Estee Lauder Companies news, 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 value of $339,288.30. Following the completion of the transaction, the director owned 15,479 shares in the company, valued at $1,418,650.35. This trade represents a 19.30% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Lande Rashida La sold 6,417 shares of the firm’s stock in a transaction dated 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. 13.05% of the stock is owned by company insiders.

Estee Lauder Companies Trading Down 1.6%

Shares of EL opened at $98.88 on Wednesday. The business has a 50-day moving average of $91.15 and a 200 day moving average of $80.45. The Estee Lauder Companies Inc. has a fifty-two week low of $48.37 and a fifty-two week high of $104.53. The firm has a market cap of $35.58 billion, a P/E ratio of -31.49, a price-to-earnings-growth ratio of 1.84 and a beta of 1.16. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.92 and a current ratio of 1.30.

Estee Lauder Companies (NYSE:EL) last announced its quarterly earnings data on Wednesday, August 20th. The company reported $0.09 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.02. Estee Lauder Companies had a positive return on equity of 12.37% and a negative net margin of 7.91%.The company had revenue of $3.41 billion during the quarter, compared to analyst estimates of $3.36 billion. During the same quarter last year, the firm posted $0.64 EPS. The firm’s revenue for the quarter was down 11.9% on a year-over-year basis. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. As a group, research analysts forecast that The Estee Lauder Companies Inc. will post 1.36 EPS for the current year.

Estee Lauder Companies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd were paid a $0.35 dividend. The ex-dividend date was Tuesday, September 2nd. This represents a $1.40 annualized dividend and a yield of 1.4%. Estee Lauder Companies’s dividend payout ratio (DPR) is currently -44.59%.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the company. Canaccord Genuity Group raised their target price on Estee Lauder Companies from $85.00 to $100.00 and gave the company a “hold” rating in a research report on Monday. Barclays raised their target price on 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. Bank of America assumed coverage on Estee Lauder Companies in a research report on Thursday, July 10th. They set a “buy” rating and a $110.00 target price for the company. Deutsche Bank Aktiengesellschaft raised their target price on Estee Lauder Companies from $98.00 to $100.00 and gave the company a “buy” rating in a research report on Thursday, August 21st. Finally, UBS Group lifted their price objective on Estee Lauder Companies from $62.00 to $93.00 and gave the stock a “neutral” rating in a report on Thursday, July 17th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $92.05.

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.