The Estee Lauder Companies Inc. $EL Position Cut by Truist Financial Corp

Truist Financial Corp trimmed its stake in The Estee Lauder Companies Inc. (NYSE:EL) by 8.1% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 14,018 shares of the company’s stock after selling 1,233 shares during the quarter. Truist Financial Corp’s holdings in Estee Lauder Companies were worth $1,133,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently added to or reduced their stakes in EL. Signaturefd LLC raised its stake in shares of Estee Lauder Companies by 9.3% during the second quarter. Signaturefd LLC now owns 1,815 shares of the company’s stock valued at $147,000 after purchasing an additional 154 shares in the last quarter. Horizon Investments LLC raised its stake in shares of Estee Lauder Companies by 5.1% during the first quarter. Horizon Investments LLC now owns 3,351 shares of the company’s stock valued at $221,000 after purchasing an additional 164 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd raised its stake in shares of Estee Lauder Companies by 0.7% during the first quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 24,633 shares of the company’s stock valued at $1,626,000 after purchasing an additional 171 shares in the last quarter. HB Wealth Management LLC raised its stake in shares of Estee Lauder Companies by 5.6% during the second quarter. HB Wealth Management LLC now owns 3,416 shares of the company’s stock valued at $276,000 after purchasing an additional 180 shares in the last quarter. Finally, DAVENPORT & Co LLC raised its stake in shares of Estee Lauder Companies by 5.1% during the first quarter. DAVENPORT & Co LLC now owns 3,796 shares of the company’s stock valued at $251,000 after purchasing an additional 185 shares in the last quarter. 55.15% of the stock is currently owned by institutional investors.

Estee Lauder Companies Trading Down 6.6%

Shares of EL opened at $87.77 on Monday. The business’s 50-day moving average price is $89.40 and its 200 day moving average price is $77.07. The stock has a market capitalization of $31.59 billion, a P/E ratio of -27.95, a P/E/G ratio of 2.50 and a beta of 1.16. The Estee Lauder Companies Inc. has a 1-year low of $48.37 and a 1-year high of $97.44. The company has a current ratio of 1.30, a quick ratio of 0.92 and a debt-to-equity ratio of 1.89.

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

Estee Lauder Companies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd were paid a $0.35 dividend. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $1.40 dividend on an annualized basis and a yield of 1.6%. Estee Lauder Companies’s dividend payout ratio (DPR) is currently -44.59%.

Insider Transactions at Estee Lauder Companies

In related news, VP Lande Rashida La sold 6,417 shares of Estee Lauder Companies 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. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Lynn Forester sold 3,702 shares of Estee Lauder Companies 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 directly owned 15,479 shares in the company, valued at $1,418,650.35. This represents a 19.30% decrease in their position. The disclosure for this sale can be found here. Company insiders own 13.05% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on EL. Citigroup lifted their target price on Estee Lauder Companies from $60.00 to $99.00 and gave the stock a “neutral” rating in a report on Tuesday, July 15th. Evercore ISI lifted their target price on Estee Lauder Companies from $100.00 to $115.00 and gave the stock an “outperform” rating in a report on Monday, September 15th. Wells Fargo & Company lifted their target price on Estee Lauder Companies from $60.00 to $90.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 9th. Telsey Advisory Group reaffirmed a “market perform” rating and set a $99.00 target price on shares of Estee Lauder Companies in a report on Wednesday, August 20th. Finally, Barclays lifted their target price on Estee Lauder Companies from $63.00 to $84.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 15th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $89.30.

About Estee Lauder Companies

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.