Amalgamated Bank trimmed its stake in shares of The Estee Lauder Companies Inc. (NYSE:EL – Free Report) by 3.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 45,157 shares of the company’s stock after selling 1,641 shares during the quarter. Amalgamated Bank’s holdings in Estee Lauder Companies were worth $3,649,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Atria Investments Inc raised its position in shares of Estee Lauder Companies by 22.6% during the 2nd quarter. Atria Investments Inc now owns 6,151 shares of the company’s stock worth $497,000 after purchasing an additional 1,135 shares during the period. Assetmark Inc. raised its position in shares of Estee Lauder Companies by 134.5% during the 2nd quarter. Assetmark Inc. now owns 9,061 shares of the company’s stock worth $732,000 after purchasing an additional 5,197 shares during the period. Arkadios Wealth Advisors acquired a new stake in shares of Estee Lauder Companies during the 2nd quarter worth approximately $570,000. Eubel Brady & Suttman Asset Management Inc. acquired a new stake in shares of Estee Lauder Companies during the 2nd quarter worth approximately $690,000. Finally, Waterfront Wealth Inc. raised its position in shares of Estee Lauder Companies by 17.3% during the 2nd quarter. Waterfront Wealth Inc. now owns 17,712 shares of the company’s stock worth $1,431,000 after purchasing an additional 2,614 shares during the period. 55.15% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
EL has been the topic of a number of research reports. Canaccord Genuity Group increased their price target on Estee Lauder Companies from $85.00 to $100.00 and gave the stock a “hold” rating in a research report on Monday, October 27th. Deutsche Bank Aktiengesellschaft lifted their target price on Estee Lauder Companies from $98.00 to $100.00 and gave the company a “buy” rating in a research note on Thursday, August 21st. Citigroup lifted their target price on Estee Lauder Companies from $95.00 to $105.00 and gave the company a “neutral” rating in a research note on Friday. Royal Bank Of Canada lifted their target price on Estee Lauder Companies from $107.00 to $113.00 and gave the company an “outperform” rating in a research note on Friday. Finally, JPMorgan Chase & Co. lifted their target price on Estee Lauder Companies from $114.00 to $116.00 and gave the company an “overweight” rating in a research note on Friday. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $95.16.
Estee Lauder Companies Stock Down 0.8%
Shares of EL stock opened at $96.82 on Monday. The Estee Lauder Companies Inc. has a 1 year low of $48.37 and a 1 year high of $104.53. The stock has a market cap of $34.84 billion, a PE ratio of -30.83, a price-to-earnings-growth ratio of 1.77 and a beta of 1.16. The business’s fifty day moving average is $91.68 and its 200-day moving average is $81.54. 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 – Get Free Report) last issued its quarterly earnings results on Thursday, October 30th. The company reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.17. 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 $3.48 billion for the quarter, compared to analysts’ expectations of $3.38 billion. During the same period last year, the firm earned $0.14 EPS. The firm’s revenue for the quarter was up 3.6% on a year-over-year basis. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. Equities analysts expect that The Estee Lauder Companies Inc. will post 1.36 earnings per share for the current fiscal year.
Estee Lauder Companies Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, December 15th. Stockholders of record on Friday, November 28th will be given a dividend of $0.35 per share. The ex-dividend date is Friday, November 28th. This represents a $1.40 annualized dividend and a dividend yield of 1.4%. Estee Lauder Companies’s dividend payout ratio (DPR) is -44.59%.
Insider Buying and Selling at Estee Lauder Companies
In other news, Director Lynn Forester sold 3,702 shares of the firm’s stock in a transaction on Friday, August 29th. The stock was 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 of the company’s stock, valued at $1,418,650.35. This trade represents a 19.30% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Lande Rashida La sold 6,417 shares of the firm’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 disclosure for this sale is available in the SEC filing. 13.05% of the stock is currently owned by company insiders.
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.
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