Gabelli Funds LLC Sells 15,300 Shares of The Estee Lauder Companies Inc. $EL

Gabelli Funds LLC cut its position in shares of The Estee Lauder Companies Inc. (NYSE:EL) by 22.0% during the 3rd quarter, Holdings Channel reports. The firm owned 54,400 shares of the company’s stock after selling 15,300 shares during the quarter. Gabelli Funds LLC’s holdings in Estee Lauder Companies were worth $4,794,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also bought and sold shares of the company. Quent Capital LLC bought a new position in Estee Lauder Companies during the third quarter worth about $33,000. Hantz Financial Services Inc. raised its stake in Estee Lauder Companies by 80.6% in the third quarter. Hantz Financial Services Inc. now owns 372 shares of the company’s stock valued at $33,000 after buying an additional 166 shares during the period. Asset Dedication LLC raised its stake in 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 buying an additional 282 shares during the period. Elevation Point Wealth Partners LLC acquired a new stake in shares of Estee Lauder Companies in the second quarter valued at approximately $42,000. Finally, Deseret Mutual Benefit Administrators lifted its position in shares of Estee Lauder Companies by 37.6% in the third quarter. Deseret Mutual Benefit Administrators now owns 534 shares of the company’s stock valued at $47,000 after buying an additional 146 shares during the last quarter. 55.15% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on EL. Jefferies Financial Group began coverage on Estee Lauder Companies in a report on Wednesday, January 14th. They set a “hold” rating and a $110.00 target price on the stock. Rothschild & Co Redburn downgraded Estee Lauder Companies from a “neutral” rating to a “sell” rating and cut their price target for the company from $83.00 to $70.00 in a report on Tuesday, November 25th. UBS Group lifted their price objective on shares of Estee Lauder Companies from $105.00 to $119.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 14th. Raymond James Financial upgraded shares of Estee Lauder Companies from a “market perform” rating to a “strong-buy” rating and set a $130.00 price objective on the stock in a report on Monday, January 5th. Finally, Barclays cut 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. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $104.43.

Estee Lauder Companies Stock Performance

EL opened at $92.57 on Tuesday. The company has a debt-to-equity ratio of 1.82, a current ratio of 1.36 and a quick ratio of 1.00. The business has a fifty day simple moving average of $109.56 and a 200 day simple moving average of $99.72. The Estee Lauder Companies Inc. has a 1 year low of $48.37 and a 1 year high of $121.64. The company has a market capitalization of $33.48 billion, a PE ratio of -185.13, a price-to-earnings-growth ratio of 1.04 and a beta of 1.11.

Estee Lauder Companies (NYSE:EL) last posted its quarterly earnings data on Thursday, February 5th. The company reported $0.89 earnings per share 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 for the quarter, compared to analysts’ expectations of $4.22 billion. During the same quarter last year, the business earned $0.62 EPS. The company’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. Research analysts expect that The Estee Lauder Companies Inc. will post 1.36 EPS 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. Investors of record on Friday, February 27th will be given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Friday, February 27th. Estee Lauder Companies’s dividend payout ratio (DPR) is currently -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.