Korea Investment CORP Grows Stake in The Estee Lauder Companies Inc. $EL

Korea Investment CORP lifted its stake in shares of The Estee Lauder Companies Inc. (NYSE:EL) by 13.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 141,960 shares of the company’s stock after purchasing an additional 17,018 shares during the period. Korea Investment CORP’s holdings in Estee Lauder Companies were worth $12,510,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of EL. Asset Dedication LLC grew its holdings in Estee Lauder Companies by 258.7% during the second quarter. Asset Dedication LLC now owns 391 shares of the company’s stock valued at $32,000 after purchasing an additional 282 shares during the period. Quent Capital LLC purchased a new stake in Estee Lauder Companies in the third quarter worth $33,000. Hantz Financial Services Inc. raised its stake in shares of Estee Lauder Companies by 80.6% in the third quarter. Hantz Financial Services Inc. now owns 372 shares of the company’s stock valued at $33,000 after buying an additional 166 shares during the period. Elevation Point Wealth Partners LLC purchased a new position in shares of Estee Lauder Companies during the 2nd quarter valued at $42,000. Finally, Deseret Mutual Benefit Administrators lifted its position in shares of Estee Lauder Companies by 37.6% during the 3rd quarter. Deseret Mutual Benefit Administrators now owns 534 shares of the company’s stock valued at $47,000 after buying an additional 146 shares during the last quarter. Institutional investors own 55.15% of the company’s stock.

Estee Lauder Companies Stock Performance

Shares of EL opened at $91.54 on Thursday. The stock’s 50-day simple moving average is $109.06 and its 200 day simple moving average is $99.69. The stock has a market capitalization of $33.11 billion, a price-to-earnings ratio of -183.07, a price-to-earnings-growth ratio of 1.05 and a beta of 1.11. The company has a debt-to-equity ratio of 1.82, a quick ratio of 1.00 and a current ratio of 1.36. The Estee Lauder Companies Inc. has a 52-week low of $48.37 and a 52-week high of $121.64.

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 analysts’ consensus estimates of $0.84 by $0.05. Estee Lauder Companies had a positive return on equity of 17.59% and a negative net margin of 1.21%.The business had revenue of $4.23 billion during the quarter, compared to analyst estimates of $4.22 billion. During the same quarter in the previous year, the firm earned $0.62 EPS. The company’s quarterly revenue was up 5.6% compared to the same quarter last year. Estee Lauder Companies has set its FY 2026 guidance at 2.030-2.230 EPS. Research analysts forecast 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 disclosed a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Friday, February 27th will be paid a dividend of $0.35 per share. The ex-dividend date of this dividend is Friday, February 27th. This represents a $1.40 annualized dividend and a yield of 1.5%. Estee Lauder Companies’s payout ratio is currently -280.00%.

Analysts Set New Price Targets

EL has been the subject of several recent research reports. Rothschild & Co Redburn lowered Estee Lauder Companies from a “neutral” rating to a “sell” rating and decreased their price objective for the stock from $83.00 to $70.00 in a report on Tuesday, November 25th. Wall Street Zen raised shares of Estee Lauder Companies from a “hold” rating to a “buy” rating in a report on Saturday, January 17th. TD Cowen cut their target price on shares of Estee Lauder Companies from $130.00 to $115.00 and set a “hold” rating for the company in a research report on Monday, February 9th. Zacks Research downgraded shares of Estee Lauder Companies from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 9th. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on shares of Estee Lauder Companies from $124.00 to $128.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $104.43.

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.