ING Groep NV Purchases Shares of 30,173 The Estee Lauder Companies Inc. $EL

ING Groep NV purchased a new stake in The Estee Lauder Companies Inc. (NYSE:EL) in the 3rd quarter, HoldingsChannel reports. The fund purchased 30,173 shares of the company’s stock, valued at approximately $2,659,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in EL. Federated Hermes Inc. lifted its position in shares of Estee Lauder Companies by 556.8% during the 2nd quarter. Federated Hermes Inc. now owns 1,554,088 shares of the company’s stock valued at $125,570,000 after acquiring an additional 1,317,473 shares during the period. Drive Wealth Management LLC acquired a new stake in Estee Lauder Companies in the second quarter worth $337,000. Concurrent Investment Advisors LLC bought a new stake in Estee Lauder Companies in the second quarter valued at $331,000. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of Estee Lauder Companies by 539.7% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 229,749 shares of the company’s stock valued at $20,245,000 after purchasing an additional 193,833 shares during the period. Finally, Waverton Investment Management Ltd boosted its position in shares of Estee Lauder Companies by 50.1% during the 2nd quarter. Waverton Investment Management Ltd now owns 151,575 shares of the company’s stock worth $12,247,000 after purchasing an additional 50,625 shares in the last quarter. 55.15% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the company. Rothschild & Co Redburn downgraded Estee Lauder Companies from a “neutral” rating to a “sell” rating and dropped their price target for the stock from $83.00 to $70.00 in a research note on Tuesday, November 25th. Telsey Advisory Group restated a “market perform” rating and set a $105.00 price objective on shares of Estee Lauder Companies in a report on Thursday, February 5th. Wells Fargo & Company lowered their target price on Estee Lauder Companies from $111.00 to $105.00 and set an “equal weight” rating on the stock in a research report on Friday, February 6th. Royal Bank Of Canada reissued an “outperform” rating and issued a $113.00 price target on shares of Estee Lauder Companies in a research report on Tuesday, February 3rd. Finally, Wall Street Zen upgraded shares of Estee Lauder Companies from a “hold” rating to a “buy” rating in a report on Saturday, January 17th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Estee Lauder Companies has a consensus rating of “Hold” and a consensus price target of $103.36.

Insider Activity

In related news, VP Meridith Webster sold 5,430 shares of the stock in a transaction that occurred on Tuesday, November 18th. The stock was sold at an average price of $87.84, for a total transaction of $476,971.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 13.05% of the stock is currently owned by corporate insiders.

Estee Lauder Companies Price Performance

Shares of NYSE:EL opened at $108.03 on Friday. The company has a current ratio of 1.36, a quick ratio of 1.00 and a debt-to-equity ratio of 1.82. The stock has a market cap of $38.93 billion, a PE ratio of -216.06, a price-to-earnings-growth ratio of 1.19 and a beta of 1.14. The stock’s fifty day simple moving average is $109.48 and its two-hundred day simple moving average is $97.90. The Estee Lauder Companies Inc. has a 1-year low of $48.37 and a 1-year high of $121.64.

Estee Lauder Companies (NYSE:EL) last announced its earnings results on Thursday, February 5th. The company reported $0.89 EPS for the quarter, beating the consensus estimate of $0.84 by $0.05. Estee Lauder Companies had a negative net margin of 1.21% and a positive return on equity of 17.59%. The company had revenue of $4.23 billion during the quarter, compared to the consensus estimate of $4.22 billion. During the same quarter in the prior year, the company posted $0.62 earnings per share. The firm’s revenue for the quarter was up 5.6% on a year-over-year basis. Estee Lauder Companies has set its FY 2026 guidance at 2.030-2.230 EPS. As a group, analysts forecast 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 announced a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Friday, February 27th will be paid a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Friday, February 27th. Estee Lauder Companies’s payout ratio is presently -280.00%.

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.