Weiss Asset Management LP Makes New $3.21 Million Investment in The Estee Lauder Companies Inc. $EL

Weiss Asset Management LP purchased a new stake in The Estee Lauder Companies Inc. (NYSE:EL) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 44,800 shares of the company’s stock, valued at approximately $3,215,000.

A number of other institutional investors and hedge funds also recently modified their holdings of EL. Vanguard Group Inc. boosted its stake in shares of Estee Lauder Companies by 3.9% during the 4th quarter. Vanguard Group Inc. now owns 27,952,869 shares of the company’s stock worth $2,927,224,000 after acquiring an additional 1,043,746 shares in the last quarter. State Street Corp raised its position in shares of Estee Lauder Companies by 4.2% during the fourth quarter. State Street Corp now owns 11,585,782 shares of the company’s stock worth $1,213,263,000 after purchasing an additional 467,195 shares during the period. Schroder Investment Management Group raised its position in shares of Estee Lauder Companies by 185.3% during the fourth quarter. Schroder Investment Management Group now owns 8,140,550 shares of the company’s stock worth $861,596,000 after purchasing an additional 5,286,875 shares during the period. Independent Franchise Partners LLP lifted its holdings in shares of Estee Lauder Companies by 1.1% during the fourth quarter. Independent Franchise Partners LLP now owns 7,837,249 shares of the company’s stock valued at $820,717,000 after purchasing an additional 83,857 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in shares of Estee Lauder Companies by 22.7% during the fourth quarter. Bank of New York Mellon Corp now owns 7,497,179 shares of the company’s stock valued at $785,105,000 after purchasing an additional 1,384,678 shares during the last quarter. Institutional investors and hedge funds own 55.15% of the company’s stock.

Estee Lauder Companies Stock Up 0.0%

EL stock opened at $80.31 on Monday. The Estee Lauder Companies Inc. has a 12-month low of $66.22 and a 12-month high of $121.64. The company has a quick ratio of 0.94, a current ratio of 1.27 and a debt-to-equity ratio of 1.71. The company has a market cap of $29.05 billion, a price-to-earnings ratio of -114.72, a PEG ratio of 0.62 and a beta of 1.27. The company has a 50 day moving average of $83.71 and a two-hundred day moving average of $90.23.

Estee Lauder Companies (NYSE:EL) last issued its earnings results on Friday, May 1st. The company reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.66 by $0.25. Estee Lauder Companies had a negative net margin of 1.67% and a positive return on equity of 20.66%. The company had revenue of $3.71 billion during the quarter, compared to analyst estimates of $3.69 billion. During the same quarter last year, the business posted $0.65 EPS. The company’s revenue for the quarter was up 4.6% on a year-over-year basis. Estee Lauder Companies has set its FY 2026 guidance at 2.330-2.430 EPS. On average, equities analysts anticipate that The Estee Lauder Companies Inc. will post 2.41 earnings per share for the current fiscal year.

Estee Lauder Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 29th were given a dividend of $0.35 per share. The ex-dividend date of this dividend was Friday, May 29th. This represents a $1.40 dividend on an annualized basis and a yield of 1.7%. Estee Lauder Companies’s dividend payout ratio (DPR) is presently -200.00%.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the company. Zacks Research cut Estee Lauder Companies from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 10th. Piper Sandler began coverage on Estee Lauder Companies in a report on Friday, May 15th. They set an “overweight” rating and a $95.00 price objective on the stock. Wells Fargo & Company upped their price objective on shares of Estee Lauder Companies from $75.00 to $85.00 and gave the company an “equal weight” rating in a research note on Monday, May 4th. UBS Group raised their target price on shares of Estee Lauder Companies from $85.00 to $86.00 and gave the stock a “neutral” rating in a report on Thursday, July 16th. Finally, Wall Street Zen downgraded shares of Estee Lauder Companies from a “buy” rating to a “hold” rating in a research report on Saturday, April 4th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, ten have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $98.11.

Estee Lauder Companies 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.