WT Asset Management Ltd Acquires Shares of 33,000 The Estee Lauder Companies Inc. $EL

WT Asset Management Ltd bought a new position in The Estee Lauder Companies Inc. (NYSE:EL) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor bought 33,000 shares of the company’s stock, valued at approximately $2,908,000.

A number of other large investors have also made changes to their positions in the company. Norges Bank acquired a new position in Estee Lauder Companies in the 2nd quarter worth approximately $189,663,000. Bank of New York Mellon Corp boosted its position in shares of Estee Lauder Companies by 46.4% in the third quarter. Bank of New York Mellon Corp now owns 6,112,501 shares of the company’s stock worth $538,634,000 after buying an additional 1,937,107 shares during the period. Schroder Investment Management Group grew its holdings in shares of Estee Lauder Companies by 593.3% during the second quarter. Schroder Investment Management Group now owns 2,211,624 shares of the company’s stock valued at $178,699,000 after buying an additional 1,892,629 shares in the last quarter. Federated Hermes Inc. raised its position in Estee Lauder Companies by 556.8% during the second quarter. Federated Hermes Inc. now owns 1,554,088 shares of the company’s stock valued at $125,570,000 after buying an additional 1,317,473 shares during the period. Finally, Invesco Ltd. raised its position in Estee Lauder Companies by 13.7% during the second quarter. Invesco Ltd. now owns 7,596,379 shares of the company’s stock valued at $613,787,000 after buying an additional 914,594 shares during the period. Institutional investors and hedge funds own 55.15% of the company’s stock.

Analyst Upgrades and Downgrades

EL has been the topic of several research analyst reports. Wall Street Zen raised Estee Lauder Companies from a “hold” rating to a “buy” rating in a research note on Saturday, January 17th. Citigroup raised shares of Estee Lauder Companies from a “neutral” rating to a “buy” rating and set a $120.00 price objective on the stock in a research report on Friday, February 6th. Royal Bank Of Canada reissued an “outperform” rating and set a $113.00 target price on shares of Estee Lauder Companies in a research note on Tuesday, February 3rd. TD Cowen cut their price objective on Estee Lauder Companies from $130.00 to $115.00 and set a “hold” rating for the company in a report on Monday, February 9th. Finally, Canaccord Genuity Group lifted their price objective on Estee Lauder Companies from $85.00 to $100.00 and gave the company a “hold” rating in a research report on Monday, October 27th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $103.36.

Estee Lauder Companies Stock Up 1.3%

Shares of EL stock traded up $1.48 on Friday, hitting $113.22. The company’s stock had a trading volume of 155,736 shares, compared to its average volume of 4,180,608. The stock has a market capitalization of $40.95 billion, a price-to-earnings ratio of -226.67, a P/E/G ratio of 1.25 and a beta of 1.14. The Estee Lauder Companies Inc. has a fifty-two week low of $48.37 and a fifty-two week high of $121.64. The firm’s fifty day moving average price is $109.98 and its 200-day moving average price is $98.42. The company has a debt-to-equity ratio of 1.82, a current ratio of 1.36 and a quick ratio of 1.00.

Estee Lauder Companies (NYSE:EL) last posted its earnings results on Thursday, February 5th. The company reported $0.89 earnings per share for the quarter, beating the consensus estimate of $0.84 by $0.05. The company had revenue of $4.23 billion for the quarter, compared to analyst estimates of $4.22 billion. Estee Lauder Companies had a positive return on equity of 17.59% and a negative net margin of 1.21%.The business’s revenue was up 5.6% compared to the same quarter last year. During the same period last year, the company earned $0.62 earnings per share. Estee Lauder Companies has set its FY 2026 guidance at 2.030-2.230 EPS. Research analysts anticipate that The Estee Lauder Companies Inc. will post 1.36 EPS for the current year.

Estee Lauder Companies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Friday, February 27th will be given a $0.35 dividend. The ex-dividend date of this dividend is Friday, February 27th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.2%. Estee Lauder Companies’s dividend payout ratio (DPR) is currently -280.00%.

Estee Lauder Companies Company Profile

Estée Lauder Companies Inc (NYSE: EL) is a global leader in prestige beauty that develops, manufactures and markets a broad portfolio of skincare, makeup, fragrance and hair care products. Founded in 1946 by Estée Lauder, the company has grown from a small family business into a multinational consumer-products enterprise headquartered in New York City. Its activities span product research and development, brand and product marketing, manufacturing and global distribution across multiple retail channels.

The company’s portfolio includes a mix of legacy and prestige brands that target different consumer segments and price points, with well-known names such as Estée Lauder, Clinique, MAC, La Mer and Jo Malone among others.