SummitTX Capital L.P. Invests $7.61 Million in The Estee Lauder Companies Inc. $EL

SummitTX Capital L.P. bought a new position in shares of The Estee Lauder Companies Inc. (NYSE:EL) during the first quarter, Holdings Channel.com reports. The fund bought 106,003 shares of the company’s stock, valued at approximately $7,608,000.

A number of other large investors have also added to or reduced their stakes in EL. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Estee Lauder Companies by 4.8% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,898 shares of the company’s stock worth $1,709,000 after buying an additional 1,177 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in shares of Estee Lauder Companies by 33.4% during the 1st quarter. NewEdge Advisors LLC now owns 6,992 shares of the company’s stock worth $462,000 after acquiring an additional 1,749 shares during the period. Empowered Funds LLC lifted its stake in Estee Lauder Companies by 24.1% during the first quarter. Empowered Funds LLC now owns 4,619 shares of the company’s stock worth $305,000 after purchasing an additional 898 shares during the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of Estee Lauder Companies by 23.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 997 shares of the company’s stock worth $81,000 after buying an additional 188 shares in the last quarter. Finally, First Trust Advisors LP lifted its position in shares of Estee Lauder Companies by 55.5% during the 2nd quarter. First Trust Advisors LP now owns 13,522 shares of the company’s stock worth $1,093,000 after buying an additional 4,826 shares during the last quarter. Institutional investors own 55.15% of the company’s stock.

Estee Lauder Companies Trading Up 0.0%

Shares of NYSE EL opened at $80.31 on Monday. 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 Estee Lauder Companies Inc. has a 52-week low of $66.22 and a 52-week high of $121.64. The firm has a 50 day moving average price of $83.71 and a two-hundred day moving average price of $90.23. The stock has a market cap of $29.05 billion, a P/E ratio of -114.72, a price-to-earnings-growth ratio of 0.62 and a beta of 1.27.

Estee Lauder Companies (NYSE:EL) last issued its quarterly earnings results on Friday, May 1st. The company reported $0.91 EPS for the quarter, topping 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 for the quarter, compared to analyst estimates of $3.69 billion. During the same quarter in the previous year, the business earned $0.65 earnings per share. Estee Lauder Companies’s revenue was up 4.6% compared to the same quarter last year. Estee Lauder Companies has set its FY 2026 guidance at 2.330-2.430 EPS. As a group, equities analysts forecast that The Estee Lauder Companies Inc. will post 2.41 EPS for the current year.

Estee Lauder Companies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, May 29th were given a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date was Friday, May 29th. Estee Lauder Companies’s payout ratio is -200.00%.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on EL shares. Wells Fargo & Company raised their price objective on 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. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Estee Lauder Companies from $124.00 to $108.00 and set a “buy” rating on the stock in a research note on Monday, March 30th. Weiss Ratings lowered shares of Estee Lauder Companies from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday, May 4th. UBS Group upped their price objective on shares of Estee Lauder Companies from $85.00 to $86.00 and gave the stock a “neutral” rating in a research 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 note on Saturday, April 4th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently 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.