CIBC Asset Management Inc Boosts Stock Position in The Estee Lauder Companies Inc. $EL

CIBC Asset Management Inc boosted its stake in shares of The Estee Lauder Companies Inc. (NYSE:EL) by 76.6% in the 4th quarter, HoldingsChannel reports. The fund owned 57,264 shares of the company’s stock after buying an additional 24,835 shares during the quarter. CIBC Asset Management Inc’s holdings in Estee Lauder Companies were worth $5,997,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Flagship Harbor Advisors LLC bought a new position in Estee Lauder Companies during the 4th quarter valued at approximately $32,000. Hantz Financial Services Inc. raised its position in shares of Estee Lauder Companies by 80.6% in the 3rd quarter. Hantz Financial Services Inc. now owns 372 shares of the company’s stock worth $33,000 after acquiring an additional 166 shares in the last quarter. N.E.W. Advisory Services LLC raised its position in shares of Estee Lauder Companies by 39.1% in the 4th quarter. N.E.W. Advisory Services LLC now owns 324 shares of the company’s stock worth $34,000 after acquiring an additional 91 shares in the last quarter. Kelleher Financial Advisors bought a new position in shares of Estee Lauder Companies in the 3rd quarter worth approximately $39,000. Finally, BOCHK Asset Management Ltd bought a new position in Estee Lauder Companies during the 4th quarter valued at approximately $42,000. 55.15% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

EL has been the subject of a number of analyst reports. TD Cowen reduced their price objective on 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. Citigroup increased their target price on Estee Lauder Companies from $92.00 to $110.00 and gave the company a “buy” rating in a research note on Friday, May 22nd. Barclays increased their target price on Estee Lauder Companies from $72.00 to $75.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 5th. Weiss Ratings downgraded Estee Lauder Companies from a “sell (d+)” rating to a “sell (d)” rating in a research note on Monday, May 4th. Finally, Piper Sandler began coverage on Estee Lauder Companies in a research note on Friday, May 15th. They set an “overweight” rating and a $95.00 target price on the stock. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $101.63.

Estee Lauder Companies Price Performance

NYSE EL opened at $83.56 on Friday. The company has a market capitalization of $30.23 billion, a PE ratio of -119.38, a price-to-earnings-growth ratio of 0.86 and a beta of 1.26. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.94 and a current ratio of 1.27. The business’s fifty day moving average is $78.57 and its 200 day moving average is $94.59. The Estee Lauder Companies Inc. has a fifty-two week low of $66.22 and a fifty-two week high of $121.64.

Estee Lauder Companies (NYSE:EL) last released its earnings results on Friday, May 1st. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.25. The company had revenue of $3.71 billion for the quarter, compared to the consensus estimate of $3.69 billion. Estee Lauder Companies had a positive return on equity of 20.66% and a negative net margin of 1.67%.Estee Lauder Companies’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.65 earnings per share. Estee Lauder Companies has set its FY 2026 guidance at 2.330-2.430 EPS. Sell-side analysts predict that The Estee Lauder Companies Inc. will post 2.41 earnings per share for the current year.

Estee Lauder Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be given a dividend of $0.35 per share. The ex-dividend date is Friday, May 29th. This represents a $1.40 annualized dividend and a yield of 1.7%. Estee Lauder Companies’s payout ratio is -200.00%.

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.