King Luther Capital Management Corp Lowers Stock Holdings in The Estee Lauder Companies Inc. $EL

King Luther Capital Management Corp cut its stake in shares of The Estee Lauder Companies Inc. (NYSE:EL) by 7.9% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 62,247 shares of the company’s stock after selling 5,309 shares during the period. King Luther Capital Management Corp’s holdings in Estee Lauder Companies were worth $5,485,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Asset Dedication LLC raised its stake in shares of Estee Lauder Companies by 258.7% during the second quarter. Asset Dedication LLC now owns 391 shares of the company’s stock worth $32,000 after purchasing an additional 282 shares during the last quarter. Quent Capital LLC acquired a new stake in shares of Estee Lauder Companies in the 3rd quarter worth $33,000. Hantz Financial Services Inc. boosted its holdings in shares of Estee Lauder Companies by 80.6% in the third quarter. Hantz Financial Services Inc. now owns 372 shares of the company’s stock valued at $33,000 after acquiring an additional 166 shares in the last quarter. Golden State Wealth Management LLC raised its holdings in Estee Lauder Companies by 69.5% during the second quarter. Golden State Wealth Management LLC now owns 512 shares of the company’s stock worth $41,000 after purchasing an additional 210 shares in the last quarter. Finally, Elevation Point Wealth Partners LLC acquired a new stake in Estee Lauder Companies in the second quarter valued at about $42,000. 55.15% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on EL. Argus raised Estee Lauder Companies from a “hold” rating to a “buy” rating and set a $105.00 target price for the company in a research note on Tuesday, November 11th. Telsey Advisory Group reissued a “market perform” rating and issued a $105.00 target price on shares of Estee Lauder Companies in a report on Thursday, February 5th. UBS Group boosted their target price on shares of Estee Lauder Companies from $105.00 to $119.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 14th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Estee Lauder Companies in a report on Thursday, January 22nd. Finally, Evercore lifted their price objective on Estee Lauder Companies from $115.00 to $125.00 and gave the stock an “outperform” rating in a report on Tuesday, December 16th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, Estee Lauder Companies currently has a consensus rating of “Hold” and an average target price of $103.36.

Estee Lauder Companies Trading Up 0.3%

Shares of EL stock opened at $111.90 on Friday. The company has a quick ratio of 1.00, a current ratio of 1.36 and a debt-to-equity ratio of 1.82. The Estee Lauder Companies Inc. has a fifty-two week low of $48.37 and a fifty-two week high of $121.64. The stock has a market cap of $40.48 billion, a price-to-earnings ratio of -223.80, a price-to-earnings-growth ratio of 1.25 and a beta of 1.14. The firm’s 50 day moving average price is $109.98 and its two-hundred day moving average price is $98.42.

Estee Lauder Companies (NYSE:EL) last announced its earnings results on Thursday, February 5th. The company reported $0.89 earnings per share for the quarter, beating the consensus estimate of $0.84 by $0.05. The company had revenue of $4.23 billion during the quarter, compared to the consensus estimate of $4.22 billion. Estee Lauder Companies had a positive return on equity of 17.59% and a negative net margin of 1.21%.The company’s revenue was up 5.6% on a year-over-year basis. During the same period last year, the firm earned $0.62 earnings per share. Estee Lauder Companies has set its FY 2026 guidance at 2.030-2.230 EPS. On average, analysts anticipate that The Estee Lauder Companies Inc. will post 1.36 EPS for the current year.

Estee Lauder Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Friday, February 27th will be issued a $0.35 dividend. The ex-dividend date of this dividend is Friday, February 27th. This represents a $1.40 annualized dividend and a yield of 1.3%. Estee Lauder Companies’s dividend payout ratio is presently -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.