South Dakota Investment Council Has $1.99 Million Holdings in The Estee Lauder Companies Inc. $EL

South Dakota Investment Council lessened its holdings in shares of The Estee Lauder Companies Inc. (NYSE:EL) by 24.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,565 shares of the company’s stock after selling 7,400 shares during the quarter. South Dakota Investment Council’s holdings in Estee Lauder Companies were worth $1,988,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in EL. Norges Bank acquired a new position in Estee Lauder Companies in the 2nd quarter valued at approximately $189,663,000. Victory Capital Management Inc. increased its position in Estee Lauder Companies by 3,181.4% in the 3rd quarter. Victory Capital Management Inc. now owns 2,312,535 shares of the company’s stock worth $203,781,000 after purchasing an additional 2,242,062 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Estee Lauder Companies by 46.4% during 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 last quarter. Schroder Investment Management Group grew its stake in shares of Estee Lauder Companies by 593.3% in the 2nd quarter. Schroder Investment Management Group now owns 2,211,624 shares of the company’s stock valued at $178,699,000 after buying an additional 1,892,629 shares in the last quarter. Finally, Federated Hermes Inc. increased its holdings in Estee Lauder Companies by 556.8% in the second quarter. Federated Hermes Inc. now owns 1,554,088 shares of the company’s stock worth $125,570,000 after buying an additional 1,317,473 shares during the last quarter. 55.15% of the stock is owned by hedge funds and other institutional investors.

Estee Lauder Companies Price Performance

Shares of NYSE:EL opened at $99.24 on Thursday. The Estee Lauder Companies Inc. has a 1-year low of $48.37 and a 1-year high of $121.64. The firm has a market capitalization of $35.90 billion, a PE ratio of -198.48, a PEG ratio of 1.10 and a beta of 1.11. The business’s 50 day moving average is $110.37 and its 200-day moving average is $99.54. The company has a current ratio of 1.36, a quick ratio of 1.00 and a debt-to-equity ratio of 1.82.

Estee Lauder Companies (NYSE:EL) last issued its earnings results on Thursday, February 5th. The company reported $0.89 EPS for the quarter, topping the consensus estimate of $0.84 by $0.05. Estee Lauder Companies had a positive return on equity of 17.59% and a negative net margin of 1.21%.The firm had revenue of $4.23 billion during the quarter, compared to analysts’ expectations of $4.22 billion. During the same period last year, the business earned $0.62 earnings per share. Estee Lauder Companies’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. Sell-side analysts predict that The Estee Lauder Companies Inc. will post 1.36 earnings per share for the current year.

Estee Lauder Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Friday, February 27th will be paid a dividend of $0.35 per share. The ex-dividend date is Friday, February 27th. This represents a $1.40 dividend on an annualized basis and a yield of 1.4%. Estee Lauder Companies’s dividend payout ratio (DPR) is currently -280.00%.

Wall Street Analysts Forecast Growth

EL has been the subject of a number of analyst reports. Barclays reduced their target price on shares of Estee Lauder Companies from $100.00 to $94.00 and set an “equal weight” rating for the company in a research note on Monday, February 9th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Estee Lauder Companies in a research report on Thursday, January 22nd. Wells Fargo & Company decreased their price target on Estee Lauder Companies from $111.00 to $105.00 and set an “equal weight” rating for the company in a research note on Friday, February 6th. Jefferies Financial Group started coverage on Estee Lauder Companies in a research note on Wednesday, January 14th. They issued a “hold” rating and a $110.00 price objective on the stock. Finally, Argus upgraded shares of Estee Lauder Companies from a “hold” rating to a “buy” rating and set a $105.00 price objective for the company in a research note on Tuesday, November 11th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $104.43.

Estee Lauder Companies Profile

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.