Three Seasons Wealth LLC Acquires New Position in The Estee Lauder Companies Inc. $EL

Three Seasons Wealth LLC acquired a new stake in The Estee Lauder Companies Inc. (NYSE:EL) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 10,819 shares of the company’s stock, valued at approximately $854,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in EL. REAP Financial Group LLC acquired a new stake in shares of Estee Lauder Companies in the 4th quarter valued at approximately $27,000. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna purchased a new stake in shares of Estee Lauder Companies in the fourth quarter valued at approximately $27,000. DV Equities LLC acquired a new position in Estee Lauder Companies during the fourth quarter worth $36,000. Trust Co. of Vermont purchased a new position in Estee Lauder Companies in the second quarter worth $28,000. Finally, Kozak & Associates Inc. purchased a new position in Estee Lauder Companies in the second quarter worth $30,000. Institutional investors and hedge funds own 55.15% of the company’s stock.

Estee Lauder Companies Stock Performance

Shares of EL stock opened at $103.81 on Friday. The stock has a fifty day moving average price of $88.55 and a 200 day moving average price of $86.37. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.90 and a current ratio of 1.22. The stock has a market cap of $37.56 billion, a PE ratio of 211.86, a P/E/G ratio of 1.17 and a beta of 1.28. The Estee Lauder Companies Inc. has a 1 year low of $66.22 and a 1 year high of $121.64.

Estee Lauder Companies (NYSE:EL) last posted its earnings results on Wednesday, August 19th. The company reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.07. Estee Lauder Companies had a return on equity of 23.52% and a net margin of 1.21%.The company had revenue of $3.64 billion for the quarter, compared to analyst estimates of $3.55 billion. During the same quarter in the prior year, the company earned $0.09 earnings per share. Estee Lauder Companies’s revenue was up 6.3% compared to the same quarter last year. Estee Lauder Companies has set its FY 2027 guidance at 3.100-3.350 EPS. Sell-side analysts forecast that The Estee Lauder Companies Inc. will post 3.3 earnings per share for the current fiscal year.

Estee Lauder Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be paid a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Monday, August 31st. Estee Lauder Companies’s dividend payout ratio is presently 285.71%.

Insider Buying and Selling

In other Estee Lauder Companies news, VP Rashida La Lande sold 7,766 shares of the firm’s stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $103.32, for a total transaction of $802,383.12. Following the completion of the transaction, the vice president directly owned 14,357 shares in the company, valued at approximately $1,483,365.24. This trade represents a 35.10% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 13.05% of the company’s stock.

Analyst Ratings Changes

EL has been the subject of a number of recent analyst reports. Wells Fargo & Company raised their target price on Estee Lauder Companies from $85.00 to $104.00 and gave the company an “equal weight” rating in a report on Thursday, August 20th. Canaccord Genuity Group increased their price target on shares of Estee Lauder Companies from $85.00 to $90.00 and gave the company a “hold” rating in a report on Thursday, August 20th. B. Riley Financial reiterated a “neutral” rating and issued a $100.00 price target (up from $85.00) on shares of Estee Lauder Companies in a report on Thursday, August 20th. UBS Group raised their price objective on shares of Estee Lauder Companies from $86.00 to $106.00 and gave the company a “neutral” rating in a research note on Thursday, August 20th. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a $111.00 price objective on shares of Estee Lauder Companies in a report on Monday, August 17th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $104.67.

Estee Lauder Companies Company 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.