Plato Investment Management Ltd increased its stake in The Estee Lauder Companies Inc. (NYSE:EL – Free Report) by 157.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,827 shares of the company’s stock after acquiring an additional 8,462 shares during the period. Plato Investment Management Ltd’s holdings in Estee Lauder Companies were worth $1,113,000 at the end of the most recent reporting period.
Other hedge funds have also modified their holdings of the company. Annis Gardner Whiting Capital Advisors LLC raised its stake in shares of Estee Lauder Companies by 1,182.1% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 500 shares of the company’s stock valued at $33,000 after acquiring an additional 461 shares in the last quarter. Winthrop Capital Management LLC raised its stake in shares of Estee Lauder Companies by 2,240.0% in the first quarter. Winthrop Capital Management LLC now owns 585 shares of the company’s stock valued at $39,000 after acquiring an additional 560 shares in the last quarter. TD Private Client Wealth LLC raised its stake in shares of Estee Lauder Companies by 246.4% in the second quarter. TD Private Client Wealth LLC now owns 478 shares of the company’s stock valued at $39,000 after acquiring an additional 340 shares in the last quarter. Ameritas Advisory Services LLC acquired a new stake in shares of Estee Lauder Companies in the second quarter valued at $44,000. Finally, Smartleaf Asset Management LLC raised its stake in shares of Estee Lauder Companies by 64.5% in the first quarter. Smartleaf Asset Management LLC now owns 788 shares of the company’s stock valued at $52,000 after acquiring an additional 309 shares in the last quarter. 55.15% of the stock is currently owned by institutional investors and hedge funds.
Insider Transactions at Estee Lauder Companies
In other news, VP Lande Rashida La sold 6,417 shares of Estee Lauder Companies stock in a transaction dated Thursday, August 28th. The stock was sold at an average price of $91.88, for a total transaction of $589,593.96. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Lynn Forester sold 3,702 shares of Estee Lauder Companies stock in a transaction dated Friday, August 29th. The stock was sold at an average price of $91.65, for a total value of $339,288.30. Following the sale, the director owned 15,479 shares in the company, valued at $1,418,650.35. This trade represents a 19.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 13.05% of the stock is currently owned by insiders.
Estee Lauder Companies Price Performance
Estee Lauder Companies (NYSE:EL – Get Free Report) last posted its earnings results on Thursday, October 30th. The company reported $0.32 EPS for the quarter, topping analysts’ consensus estimates of $0.15 by $0.17. Estee Lauder Companies had a positive return on equity of 12.37% and a negative net margin of 7.91%.The business had revenue of $3.48 billion for the quarter, compared to analysts’ expectations of $3.38 billion. During the same quarter in the previous year, the firm earned $0.14 earnings per share. The business’s revenue was up 3.6% compared to the same quarter last year. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. As a group, sell-side analysts anticipate that The Estee Lauder Companies Inc. will post 1.36 EPS for the current year.
Estee Lauder Companies Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Stockholders of record on Friday, November 28th will be given a dividend of $0.35 per share. The ex-dividend date is Friday, November 28th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.4%. Estee Lauder Companies’s payout ratio is -44.59%.
Analysts Set New Price Targets
Several analysts have recently issued reports on EL shares. The Goldman Sachs Group upgraded Estee Lauder Companies from a “neutral” rating to a “buy” rating and increased their price objective for the company from $76.00 to $115.00 in a research note on Monday, October 13th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Estee Lauder Companies from $98.00 to $100.00 and gave the stock a “buy” rating in a research report on Thursday, August 21st. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Estee Lauder Companies in a research report on Wednesday, October 8th. Bank of America assumed coverage on shares of Estee Lauder Companies in a research report on Thursday, July 10th. They set a “buy” rating and a $110.00 price objective for the company. Finally, Wall Street Zen raised shares of Estee Lauder Companies from a “sell” rating to a “hold” rating in a research report on Saturday, October 25th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Estee Lauder Companies currently has an average rating of “Hold” and an average target price of $95.16.
View Our Latest Report on Estee Lauder Companies
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.
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