OLD National Bancorp IN Reduces Position in The Estee Lauder Companies Inc. $EL

OLD National Bancorp IN cut its stake in shares of The Estee Lauder Companies Inc. (NYSE:EL) by 65.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 30,365 shares of the company’s stock after selling 57,405 shares during the quarter. OLD National Bancorp IN’s holdings in Estee Lauder Companies were worth $3,180,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Flagship Harbor Advisors LLC purchased a new stake in shares of Estee Lauder Companies during the fourth quarter valued at $32,000. Quent Capital LLC purchased a new stake in shares of Estee Lauder Companies during the third quarter valued at $33,000. Hantz Financial Services Inc. grew its holdings in shares of Estee Lauder Companies by 80.6% during 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 last quarter. BOCHK Asset Management Ltd purchased a new stake in shares of Estee Lauder Companies during the fourth quarter valued at $42,000. Finally, Kelleher Financial Advisors purchased a new stake in shares of Estee Lauder Companies during the third quarter valued at $39,000. 55.15% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts recently issued reports on EL shares. Jefferies Financial Group started coverage on shares of Estee Lauder Companies in a research report on Wednesday, January 14th. They set a “hold” rating and a $110.00 target price for the company. Weiss Ratings restated a “sell (d)” rating on shares of Estee Lauder Companies in a research report on Thursday, January 22nd. Barclays decreased their target price on shares of Estee Lauder Companies from $94.00 to $72.00 and set an “equal weight” rating for the company in a research report on Tuesday, April 14th. JPMorgan Chase & Co. decreased their target price on shares of Estee Lauder Companies from $121.00 to $98.00 and set an “overweight” rating for the company in a research report on Friday, April 17th. Finally, Zacks Research downgraded shares of Estee Lauder Companies from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 9th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Estee Lauder Companies presently has an average rating of “Hold” and an average target price of $97.95.

Estee Lauder Companies Trading Down 0.3%

NYSE EL opened at $76.41 on Friday. The company has a market capitalization of $27.64 billion, a PE ratio of -152.82, a P/E/G ratio of 0.89 and a beta of 1.26. The company has a fifty day moving average of $87.03 and a 200 day moving average of $96.95. The Estee Lauder Companies Inc. has a 1 year low of $56.18 and a 1 year high of $121.64. 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 (EPS) for the quarter, beating analysts’ consensus estimates of $0.84 by $0.05. The company had revenue of $4.23 billion during the quarter, compared to the consensus estimate of $4.22 billion. Estee Lauder Companies had a negative net margin of 1.21% and a positive return on equity of 17.59%. The firm’s quarterly revenue was up 5.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.62 earnings per share. 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 2.23 earnings per share for the current year.

Estee Lauder Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Friday, February 27th were given a $0.35 dividend. The ex-dividend date was Friday, February 27th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.8%. Estee Lauder Companies’s dividend payout ratio is -280.00%.

About Estee Lauder Companies

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.