Cookson Peirce & Co. Inc. Buys New Shares in The Estee Lauder Companies Inc. $EL

Cookson Peirce & Co. Inc. bought a new position in The Estee Lauder Companies Inc. (NYSE:ELFree Report) in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 7,452 shares of the company’s stock, valued at approximately $657,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in EL. Asset Dedication LLC increased its holdings in shares of Estee Lauder Companies by 258.7% in the second quarter. Asset Dedication LLC now owns 391 shares of the company’s stock valued at $32,000 after purchasing an additional 282 shares during the period. Quent Capital LLC purchased a new stake in Estee Lauder Companies in the third quarter valued at approximately $33,000. Hantz Financial Services Inc. increased its holdings in Estee Lauder Companies by 80.6% in the 3rd quarter. Hantz Financial Services Inc. now owns 372 shares of the company’s stock worth $33,000 after buying an additional 166 shares during the period. Golden State Wealth Management LLC raised its position in Estee Lauder Companies by 69.5% during the 2nd quarter. Golden State Wealth Management LLC now owns 512 shares of the company’s stock worth $41,000 after buying an additional 210 shares during the last quarter. Finally, Elevation Point Wealth Partners LLC purchased a new position in Estee Lauder Companies during the 2nd quarter worth approximately $42,000. Institutional investors and hedge funds own 55.15% of the company’s stock.

Insider Buying and Selling

In other 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 value of $476,971.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 13.05% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

EL has been the topic of several recent research reports. JPMorgan Chase & Co. dropped their price objective on shares of Estee Lauder Companies from $131.00 to $121.00 and set an “overweight” rating on the stock in a report on Friday, February 6th. Wall Street Zen upgraded shares of Estee Lauder Companies from a “hold” rating to a “buy” rating in a research report on Saturday, January 17th. Citigroup raised shares of Estee Lauder Companies from a “neutral” rating to a “buy” rating and set a $120.00 price target on the stock in a report on Friday, February 6th. Zacks Research downgraded Estee Lauder Companies from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 9th. Finally, Jefferies Financial Group initiated coverage on Estee Lauder Companies in a report on Wednesday, January 14th. They issued a “hold” rating and a $110.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $103.36.

Get Our Latest Report on Estee Lauder Companies

Estee Lauder Companies Stock Up 1.5%

EL opened at $108.03 on Friday. The company has a fifty day moving average of $109.48 and a two-hundred day moving average of $97.90. The stock has a market capitalization of $38.93 billion, a price-to-earnings ratio of -216.06, a PEG ratio of 1.19 and a beta of 1.14. The Estee Lauder Companies Inc. has a fifty-two week low of $48.37 and a fifty-two week high of $121.64. The company has a debt-to-equity ratio of 1.82, a quick ratio of 1.00 and a current ratio of 1.36.

Estee Lauder Companies (NYSE:ELGet Free Report) last announced its earnings results on Thursday, February 5th. The company reported $0.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.84 by $0.05. The firm had revenue of $4.23 billion for the quarter, compared to analyst estimates 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 business’s revenue was up 5.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.62 EPS. Estee Lauder Companies has set its FY 2026 guidance at 2.030-2.230 EPS. On average, research analysts expect that The Estee Lauder Companies Inc. will post 1.36 earnings per share for the current year.

Estee Lauder Companies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Friday, February 27th will be paid a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Friday, February 27th. Estee Lauder Companies’s dividend payout ratio (DPR) is currently -280.00%.

Estee Lauder Companies Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Estee Lauder Companies (NYSE:EL)

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