The Estee Lauder Companies Inc. $EL Shares Sold by Flossbach Von Storch SE
by Amy Steele · The Cerbat GemFlossbach Von Storch SE lessened its position in shares of The Estee Lauder Companies Inc. (NYSE:EL – Free Report) by 18.9% during the 4th quarter, Holdings Channel reports. The institutional investor owned 142,000 shares of the company’s stock after selling 33,000 shares during the quarter. Flossbach Von Storch SE’s holdings in Estee Lauder Companies were worth $14,870,000 at the end of the most recent quarter.
A number of other large investors have also recently added to or reduced their stakes in EL. Vanguard Group Inc. lifted its stake in shares of Estee Lauder Companies by 3.9% in the 4th quarter. Vanguard Group Inc. now owns 27,952,869 shares of the company’s stock valued at $2,927,224,000 after purchasing an additional 1,043,746 shares during the last quarter. State Street Corp increased its position in shares of Estee Lauder Companies by 2.4% during the 3rd quarter. State Street Corp now owns 11,118,587 shares of the company’s stock worth $979,770,000 after purchasing an additional 259,048 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in Estee Lauder Companies by 46.4% in the 3rd quarter. Bank of New York Mellon Corp now owns 6,112,501 shares of the company’s stock valued at $538,634,000 after buying an additional 1,937,107 shares during the period. Schroder Investment Management Group raised its holdings in Estee Lauder Companies by 29.0% in the 3rd quarter. Schroder Investment Management Group now owns 2,853,675 shares of the company’s stock valued at $254,348,000 after buying an additional 642,051 shares during the period. Finally, M&T Bank Corp lifted its position in Estee Lauder Companies by 16,270.3% in the fourth quarter. M&T Bank Corp now owns 2,667,208 shares of the company’s stock valued at $279,310,000 after buying an additional 2,650,915 shares during the last quarter. 55.15% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of brokerages have weighed in on EL. TD Cowen dropped their price target on shares of 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. Barclays lowered their price objective 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. dropped 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 report on Friday, April 17th. Jefferies Financial Group assumed coverage on Estee Lauder Companies in a research report on Wednesday, January 14th. They issued a “hold” rating and a $110.00 target price on the stock. Finally, UBS Group decreased their price target on Estee Lauder Companies from $107.00 to $75.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 7th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Estee Lauder Companies has a consensus rating of “Hold” and a consensus price target of $97.95.
Read Our Latest Stock Analysis on EL
Estee Lauder Companies Stock Down 0.7%
Shares of EL opened at $77.25 on Tuesday. The stock has a market capitalization of $27.94 billion, a PE ratio of -154.49, a P/E/G ratio of 0.90 and a beta of 1.26. The Estee Lauder Companies Inc. has a 1 year low of $56.66 and a 1 year high of $121.64. The company has a debt-to-equity ratio of 1.82, a quick ratio of 1.00 and a current ratio of 1.36. The company’s 50-day simple moving average is $85.81 and its 200-day simple moving average is $96.79.
Estee Lauder Companies (NYSE:EL – Get Free Report) last announced its quarterly earnings data on Thursday, February 5th. The company reported $0.89 earnings per share for the quarter, beating analysts’ consensus estimates of $0.84 by $0.05. Estee Lauder Companies had a negative net margin of 1.21% and a positive return on equity of 17.59%. The firm had revenue of $4.23 billion during the quarter, compared to analysts’ expectations of $4.22 billion. During the same quarter in the previous year, the business posted $0.62 earnings per share. The business’s quarterly revenue was up 5.6% compared to the same quarter last year. Estee Lauder Companies has set its FY 2026 guidance at 2.030-2.230 EPS. Analysts forecast that The Estee Lauder Companies Inc. will post 2.23 earnings per share for the current fiscal year.
Estee Lauder Companies Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Friday, February 27th were paid a $0.35 dividend. The ex-dividend date was Friday, February 27th. This represents a $1.40 annualized dividend and a dividend yield of 1.8%. Estee Lauder Companies’s 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.
Further Reading
Want to see what other hedge funds are holding EL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Estee Lauder Companies Inc. (NYSE:EL – Free Report).