Victory Capital Management Inc. Increases Position in The Estee Lauder Companies Inc. $EL

Victory Capital Management Inc. increased its position in shares of The Estee Lauder Companies Inc. (NYSE:EL) by 3,181.4% during the 3rd quarter, Holdings Channel reports. The firm owned 2,312,535 shares of the company’s stock after acquiring an additional 2,242,062 shares during the period. Victory Capital Management Inc.’s holdings in Estee Lauder Companies were worth $203,781,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Norges Bank bought a new position in shares of Estee Lauder Companies in the second quarter worth about $189,663,000. Bank of New York Mellon Corp lifted its holdings in Estee Lauder Companies by 46.4% in the 3rd quarter. Bank of New York Mellon Corp now owns 6,112,501 shares of the company’s stock worth $538,634,000 after purchasing an additional 1,937,107 shares in the last quarter. Schroder Investment Management Group boosted its stake in 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 worth $178,699,000 after purchasing an additional 1,892,629 shares during the period. Federated Hermes Inc. boosted its stake in Estee Lauder Companies by 556.8% in the 2nd quarter. Federated Hermes Inc. now owns 1,554,088 shares of the company’s stock worth $125,570,000 after purchasing an additional 1,317,473 shares during the period. Finally, Invesco Ltd. grew its holdings in Estee Lauder Companies by 13.7% during the 2nd quarter. Invesco Ltd. now owns 7,596,379 shares of the company’s stock valued at $613,787,000 after buying an additional 914,594 shares in the last quarter. Hedge funds and other institutional investors own 55.15% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on EL shares. UBS Group raised their target price on shares of Estee Lauder Companies from $105.00 to $119.00 and gave the company a “neutral” rating in a research note on Wednesday, January 14th. TD Cowen cut their price objective on Estee Lauder Companies from $130.00 to $115.00 and set a “hold” rating for the company in a research report on Monday, February 9th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $113.00 target price on shares of Estee Lauder Companies in a research report on Tuesday, February 3rd. Rothschild & Co Redburn lowered Estee Lauder Companies from a “neutral” rating to a “sell” rating and dropped their price target for the company from $83.00 to $70.00 in a research note on Tuesday, November 25th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Estee Lauder Companies in a research note on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Estee Lauder Companies has an average rating of “Hold” and a consensus target price of $104.43.

Estee Lauder Companies Stock Down 1.4%

Shares of NYSE:EL opened at $98.74 on Wednesday. The company has a market cap of $35.72 billion, a price-to-earnings ratio of -197.48, a PEG ratio of 1.12 and a beta of 1.11. The Estee Lauder Companies Inc. has a 12 month low of $48.37 and a 12 month high of $121.64. 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 company has a 50-day moving average price of $110.54 and a 200 day moving average price of $99.54.

Estee Lauder Companies (NYSE:EL) last issued its quarterly earnings data 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 business had revenue of $4.23 billion for 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 quarterly revenue was up 5.6% compared to the same quarter last year. During the same period in the prior year, the business posted $0.62 earnings per share. Estee Lauder Companies has set its FY 2026 guidance at 2.030-2.230 EPS. As a group, equities research analysts predict that The Estee Lauder Companies Inc. will post 1.36 earnings per share for the current year.

Estee Lauder Companies Dividend Announcement

The company also recently disclosed 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. This represents a $1.40 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend 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.