The Estee Lauder Companies Inc. $EL Shares Bought by Invesco Ltd.

Invesco Ltd. boosted its stake in The Estee Lauder Companies Inc. (NYSE:EL) by 13.7% during the 2nd quarter, HoldingsChannel reports. The fund owned 7,596,379 shares of the company’s stock after buying an additional 914,594 shares during the period. Invesco Ltd.’s holdings in Estee Lauder Companies were worth $613,787,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of EL. Vanguard Group Inc. increased its holdings in shares of Estee Lauder Companies by 1.3% in the 2nd quarter. Vanguard Group Inc. now owns 26,904,441 shares of the company’s stock valued at $2,173,879,000 after acquiring an additional 341,235 shares during the last quarter. Independent Franchise Partners LLP boosted its holdings in Estee Lauder Companies by 1.5% in the first quarter. Independent Franchise Partners LLP now owns 7,976,434 shares of the company’s stock worth $526,445,000 after purchasing an additional 118,276 shares during the period. Geode Capital Management LLC increased its stake in Estee Lauder Companies by 17.8% during the second quarter. Geode Capital Management LLC now owns 5,912,792 shares of the company’s stock valued at $475,710,000 after purchasing an additional 892,631 shares during the last quarter. American Century Companies Inc. raised its holdings in shares of Estee Lauder Companies by 34.9% during the first quarter. American Century Companies Inc. now owns 4,511,115 shares of the company’s stock worth $297,734,000 after purchasing an additional 1,167,508 shares during the period. Finally, Bank of New York Mellon Corp lifted its position in shares of Estee Lauder Companies by 35.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 4,175,394 shares of the company’s stock worth $337,372,000 after buying an additional 1,086,514 shares during the last quarter. Institutional investors own 55.15% of the company’s stock.

Estee Lauder Companies Stock Up 2.3%

Shares of Estee Lauder Companies stock opened at $101.95 on Thursday. The stock has a 50-day moving average price of $92.91 and a 200 day moving average price of $86.50. The company has a current ratio of 1.32, a quick ratio of 0.92 and a debt-to-equity ratio of 1.88. The company has a market cap of $36.74 billion, a P/E ratio of -39.52, a P/E/G ratio of 1.21 and a beta of 1.18. The Estee Lauder Companies Inc. has a 1 year low of $48.37 and a 1 year high of $104.53.

Estee Lauder Companies (NYSE:EL) last announced its quarterly earnings data on Thursday, October 30th. The company reported $0.32 EPS for the quarter, beating analysts’ consensus estimates of $0.15 by $0.17. The firm had revenue of $3.48 billion for the quarter, compared to the consensus estimate of $3.38 billion. Estee Lauder Companies had a negative net margin of 6.44% and a positive return on equity of 14.92%. The firm’s revenue was up 3.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.14 earnings per share. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. As a group, analysts expect that The Estee Lauder Companies Inc. will post 1.36 EPS for the current fiscal year.

Estee Lauder Companies Dividend Announcement

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 issued a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Friday, November 28th. Estee Lauder Companies’s payout ratio is currently -54.26%.

Insider Activity at Estee Lauder Companies

In other Estee Lauder Companies news, Director Barry S. Sternlicht sold 3,972 shares of the business’s stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $91.83, for a total value of $364,748.76. Following the completion of the sale, the director directly owned 34,812 shares of the company’s stock, valued at $3,196,785.96. The trade was a 10.24% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, VP Meridith Webster sold 5,430 shares of the stock in a transaction on Tuesday, November 18th. The stock was sold at an average price of $87.84, for a total transaction of $476,971.20. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 13.05% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on EL shares. 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 increased their price objective on shares of Estee Lauder Companies from $95.00 to $105.00 and gave the company a “neutral” rating in a report on Friday, October 31st. Wall Street Zen cut shares of Estee Lauder Companies from a “buy” rating to a “hold” rating in a research report on Saturday, November 22nd. JPMorgan Chase & Co. increased their target price on shares of Estee Lauder Companies from $114.00 to $116.00 and gave the company an “overweight” rating in a research note on Friday, October 31st. Finally, Rothschild Redb cut shares of Estee Lauder Companies from a “hold” rating to a “strong sell” rating in a report on Tuesday, November 25th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, Estee Lauder Companies presently has a consensus rating of “Hold” and a consensus target price of $94.43.

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.