Joel Isaacson & Co. LLC Acquires 120 Shares of The Estee Lauder Companies Inc. $EL

Joel Isaacson & Co. LLC raised its holdings in shares of The Estee Lauder Companies Inc. (NYSE:EL) by 0.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 28,826 shares of the company’s stock after purchasing an additional 120 shares during the period. Joel Isaacson & Co. LLC’s holdings in Estee Lauder Companies were worth $2,329,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in EL. KLP Kapitalforvaltning AS raised its stake in Estee Lauder Companies by 1.9% in the second quarter. KLP Kapitalforvaltning AS now owns 84,950 shares of the company’s stock worth $6,864,000 after buying an additional 1,600 shares in the last quarter. True Vision MN LLC purchased a new stake in Estee Lauder Companies in the second quarter worth $552,000. Prime Capital Investment Advisors LLC bought a new position in Estee Lauder Companies in the second quarter worth $230,000. Valeo Financial Advisors LLC purchased a new position in Estee Lauder Companies during the second quarter valued at $225,000. Finally, OLD National Bancorp IN boosted its holdings in shares of Estee Lauder Companies by 34.8% during the 2nd quarter. OLD National Bancorp IN now owns 85,857 shares of the company’s stock valued at $6,937,000 after buying an additional 22,180 shares in the last quarter. 55.15% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on EL shares. Wells Fargo & Company lifted their price target on shares of Estee Lauder Companies from $60.00 to $90.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 9th. Bank of America began coverage on Estee Lauder Companies in a research report on Thursday, July 10th. They issued a “buy” rating and a $110.00 price target on the stock. Evercore ISI raised their price objective on Estee Lauder Companies from $100.00 to $115.00 and gave the company an “outperform” rating in a research report on Monday, September 15th. JPMorgan Chase & Co. lowered their price objective on Estee Lauder Companies from $101.00 to $99.00 and set an “overweight” rating for the company in a research note on Thursday, August 21st. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Estee Lauder Companies in a research note on Saturday, September 27th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $88.55.

Insider Transactions at Estee Lauder Companies

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

Estee Lauder Companies Price Performance

Shares of NYSE:EL opened at $88.67 on Tuesday. 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 firm has a market cap of $31.91 billion, a price-to-earnings ratio of -28.24, a price-to-earnings-growth ratio of 2.52 and a beta of 1.16. The business has a 50-day simple moving average of $89.39 and a two-hundred day simple moving average of $76.35. The Estee Lauder Companies Inc. has a fifty-two week low of $48.37 and a fifty-two week high of $97.44.

Estee Lauder Companies (NYSE:EL) last announced 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. The firm had revenue of $3.41 billion during the quarter, compared to analyst estimates of $3.36 billion. Estee Lauder Companies had a negative net margin of 7.91% and a positive return on equity of 12.37%. The business’s revenue for the quarter was down 11.9% on a year-over-year basis. During the same period in the previous year, the business posted $0.64 earnings per share. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. On average, analysts expect that The Estee Lauder Companies Inc. will post 1.36 earnings per share for the current year.

Estee Lauder Companies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd were given a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Tuesday, September 2nd. Estee Lauder Companies’s dividend payout ratio (DPR) 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.