Lecap Asset Management Ltd. Trims Stake in The Estee Lauder Companies Inc. $EL

Lecap Asset Management Ltd. lessened its holdings in shares of The Estee Lauder Companies Inc. (NYSE:EL) by 85.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,249 shares of the company’s stock after selling 35,297 shares during the quarter. Lecap Asset Management Ltd.’s holdings in Estee Lauder Companies were worth $505,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. ASR Vermogensbeheer N.V. lifted its position in Estee Lauder Companies by 0.4% during the second quarter. ASR Vermogensbeheer N.V. now owns 383,473 shares of the company’s stock valued at $30,984,000 after purchasing an additional 1,426 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its position in shares of Estee Lauder Companies by 1,600.4% during the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 1,224,695 shares of the company’s stock valued at $98,955,000 after buying an additional 1,152,669 shares in the last quarter. Ninety One SA PTY Ltd grew its stake in shares of Estee Lauder Companies by 3.6% during the 2nd quarter. Ninety One SA PTY Ltd now owns 30,043 shares of the company’s stock valued at $2,427,000 after acquiring an additional 1,033 shares during the period. LBP AM SA purchased a new stake in Estee Lauder Companies in the 2nd quarter worth approximately $2,601,000. Finally, Union Bancaire Privee UBP SA bought a new stake in Estee Lauder Companies during the 2nd quarter worth approximately $3,006,000. 55.15% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, VP Lande Rashida La sold 6,417 shares of the business’s stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $91.88, for a total value of $589,593.96. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Lynn Forester sold 3,702 shares of the stock in a transaction dated Friday, August 29th. The shares were sold at an average price of $91.65, for a total transaction of $339,288.30. Following the completion of the transaction, the director directly owned 15,479 shares of the company’s stock, valued at approximately $1,418,650.35. The trade was a 19.30% decrease in their position. The disclosure for this sale can be found here. Company insiders own 13.05% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. HSBC upgraded shares of Estee Lauder Companies from a “hold” rating to a “buy” rating and upped their price target for the stock from $80.00 to $99.00 in a research report on Friday, June 27th. Wall Street Zen downgraded shares of Estee Lauder Companies from a “hold” rating to a “sell” rating in a report on Friday, August 22nd. Royal Bank Of Canada raised their price target on Estee Lauder Companies from $90.00 to $107.00 and gave the company an “outperform” rating in a report on Thursday, August 21st. UBS Group boosted their price objective on Estee Lauder Companies from $62.00 to $93.00 and gave the company a “neutral” rating in a research report on Thursday, July 17th. Finally, Citigroup increased their target price on Estee Lauder Companies from $60.00 to $99.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 15th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and twelve have issued a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $88.55.

Estee Lauder Companies Price Performance

Shares of Estee Lauder Companies stock opened at $88.90 on Friday. The firm has a market cap of $32.00 billion, a PE ratio of -28.31, a PEG ratio of 2.47 and a beta of 1.16. The stock has a 50 day moving average of $89.52 and a 200 day moving average of $75.94. The company has a current ratio of 1.30, a quick ratio of 0.92 and a debt-to-equity ratio of 1.89. The Estee Lauder Companies Inc. has a 12 month low of $48.37 and a 12 month high of $97.44.

Estee Lauder Companies (NYSE:EL) last released its quarterly earnings data on Wednesday, August 20th. The company reported $0.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.02. The business had revenue of $3.41 billion for the quarter, compared to the consensus estimate of $3.36 billion. Estee Lauder Companies had a positive return on equity of 12.37% and a negative net margin of 7.91%.The company’s revenue was down 11.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.64 EPS. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. On average, research analysts expect that The Estee Lauder Companies Inc. will post 1.36 EPS for the current fiscal year.

Estee Lauder Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd were paid a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend was Tuesday, September 2nd. Estee Lauder Companies’s dividend payout ratio (DPR) is presently -44.59%.

Estee Lauder Companies Company Profile

The Estée Lauder Companies Inc manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. It offers skin care products, including moisturizers, serums, cleansers, toners, body care, exfoliators, acne care and oil correctors, facial masks, and sun care products; and makeup products, such as lipsticks, lip glosses, mascaras, foundations, eyeshadows, and powders, as well as compacts, brushes, and other makeup tools.