Praxis Investment Management Inc. Buys 5,080 Shares of The Estee Lauder Companies Inc. $EL

Praxis Investment Management Inc. raised its stake in The Estee Lauder Companies Inc. (NYSE:EL) by 87.9% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 10,860 shares of the company’s stock after purchasing an additional 5,080 shares during the quarter. Praxis Investment Management Inc.’s holdings in Estee Lauder Companies were worth $877,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Generali Asset Management SPA SGR lifted its position in Estee Lauder Companies by 1.6% in the second quarter. Generali Asset Management SPA SGR now owns 7,361 shares of the company’s stock valued at $595,000 after purchasing an additional 119 shares during the last quarter. TD Asset Management Inc lifted its position in Estee Lauder Companies by 1.4% in the second quarter. TD Asset Management Inc now owns 84,899 shares of the company’s stock valued at $6,860,000 after purchasing an additional 1,166 shares during the last quarter. IFC Advisors LLC bought a new stake in Estee Lauder Companies in the second quarter valued at approximately $3,316,000. Wilson Asset Management International PTY Ltd. lifted its position in Estee Lauder Companies by 54.3% in the second quarter. Wilson Asset Management International PTY Ltd. now owns 38,566 shares of the company’s stock valued at $3,116,000 after purchasing an additional 13,566 shares during the last quarter. Finally, NorthRock Partners LLC bought a new stake in Estee Lauder Companies in the second quarter valued at approximately $586,000. Institutional investors own 55.15% of the company’s stock.

Insider Buying and Selling at Estee Lauder Companies

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

Analyst Upgrades and Downgrades

EL has been the subject of several recent research reports. Wall Street Zen downgraded Estee Lauder Companies from a “hold” rating to a “sell” rating in a research report on Friday, August 22nd. HSBC upgraded Estee Lauder Companies from a “hold” rating to a “buy” rating and upped their target price for the company from $80.00 to $99.00 in a report on Friday, June 27th. Citigroup upped their target price on Estee Lauder Companies from $60.00 to $99.00 and gave the company a “neutral” rating in a report on Tuesday, July 15th. Evercore ISI upped their target price on Estee Lauder Companies from $100.00 to $115.00 and gave the company an “outperform” rating in a report on Monday, September 15th. Finally, The Goldman Sachs Group upgraded Estee Lauder Companies from a “neutral” rating to a “buy” rating and upped their target price for the company from $76.00 to $115.00 in a report on Monday, October 13th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $91.30.

Estee Lauder Companies Price Performance

Shares of EL stock opened at $100.72 on Friday. The stock has a market cap of $36.25 billion, a price-to-earnings ratio of -32.08, a PEG ratio of 2.76 and a beta of 1.16. The business’s fifty day moving average is $89.90 and its 200 day moving average is $77.95. The Estee Lauder Companies Inc. has a twelve month low of $48.37 and a twelve month high of $100.80. The company has a quick ratio of 0.92, a current ratio of 1.30 and a debt-to-equity ratio of 1.89.

Estee Lauder Companies (NYSE:EL) last issued its quarterly earnings results on Wednesday, August 20th. The company reported $0.09 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.02. The company had revenue of $3.41 billion for the quarter, compared to analysts’ expectations 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 firm’s revenue for the quarter was down 11.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.64 earnings per share. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. 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 company also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd were paid a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Tuesday, September 2nd. Estee Lauder Companies’s dividend payout ratio is presently -44.59%.

Estee Lauder Companies 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.