Swedbank AB Boosts Stake in The Estee Lauder Companies Inc. $EL

Swedbank AB lifted its stake in shares of The Estee Lauder Companies Inc. (NYSE:EL) by 73.5% in the first quarter, HoldingsChannel.com reports. The fund owned 52,073 shares of the company’s stock after acquiring an additional 22,052 shares during the quarter. Swedbank AB’s holdings in Estee Lauder Companies were worth $3,737,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. REAP Financial Group LLC purchased a new stake in Estee Lauder Companies during the fourth quarter valued at about $27,000. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna purchased a new position in shares of Estee Lauder Companies in the 4th quarter worth about $27,000. Flagship Harbor Advisors LLC bought a new position in shares of Estee Lauder Companies during the 4th quarter valued at about $32,000. N.E.W. Advisory Services LLC increased its position in shares of Estee Lauder Companies by 39.1% during the 4th quarter. N.E.W. Advisory Services LLC now owns 324 shares of the company’s stock valued at $34,000 after purchasing an additional 91 shares during the last quarter. Finally, DV Equities LLC purchased a new position in shares of Estee Lauder Companies during the 4th quarter valued at about $36,000. 55.15% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

EL has been the subject of several research reports. Wells Fargo & Company upped their target price on Estee Lauder Companies from $75.00 to $85.00 and gave the stock an “equal weight” rating in a research note on Monday, May 4th. Sanford C. Bernstein initiated coverage on shares of Estee Lauder Companies in a research note on Friday, June 12th. They set a “market perform” rating and a $82.00 price target on the stock. JPMorgan Chase & Co. boosted their price objective on shares of Estee Lauder Companies from $98.00 to $99.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. Weiss Ratings cut shares of Estee Lauder Companies from a “sell (d+)” rating to a “sell (d)” rating in a research note on Monday, May 4th. Finally, Canaccord Genuity Group increased their target price on shares of Estee Lauder Companies from $80.00 to $85.00 and gave the company a “hold” rating in a report on Monday, May 4th. Two analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $99.37.

Estee Lauder Companies Trading Up 0.8%

EL traded up $0.63 on Friday, hitting $82.62. 1,483,223 shares of the company were exchanged, compared to its average volume of 3,136,614. 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 firm has a fifty day simple moving average of $83.91 and a two-hundred day simple moving average of $92.11. The stock has a market capitalization of $29.89 billion, a PE ratio of -118.02, a price-to-earnings-growth ratio of 0.64 and a beta of 1.27. The Estee Lauder Companies Inc. has a 12 month low of $66.22 and a 12 month high of $121.64.

Estee Lauder Companies (NYSE:EL) last announced its quarterly earnings data 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. Estee Lauder Companies had a positive return on equity of 20.66% and a negative net margin of 1.67%.The firm had revenue of $3.71 billion during the quarter, compared to the consensus estimate of $3.69 billion. During the same quarter in the previous year, the company posted $0.65 earnings per share. The business’s revenue 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. Sell-side analysts expect that The Estee Lauder Companies Inc. will post 2.41 earnings per share for the current year.

Estee Lauder Companies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders 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 annualized dividend and a yield of 1.7%. Estee Lauder Companies’s dividend payout ratio is presently -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.