The Estee Lauder Companies Inc. $EL Shares Sold by Sterling Capital Management LLC

Sterling Capital Management LLC reduced its stake in shares of The Estee Lauder Companies Inc. (NYSE:EL) by 43.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,263 shares of the company’s stock after selling 6,265 shares during the period. Sterling Capital Management LLC’s holdings in Estee Lauder Companies were worth $593,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the company. REAP Financial Group LLC acquired a new stake in shares of Estee Lauder Companies during the fourth quarter worth $27,000. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna bought a new position in Estee Lauder Companies in the 4th quarter worth approximately $27,000. Flagship Harbor Advisors LLC acquired a new position in shares of Estee Lauder Companies during the fourth quarter valued at $32,000. N.E.W. Advisory Services LLC increased its stake in Estee Lauder Companies by 39.1% during the 4th quarter. N.E.W. Advisory Services LLC now owns 324 shares of the company’s stock valued at $34,000 after buying an additional 91 shares during the period. Finally, DV Equities LLC bought a new stake in Estee Lauder Companies during the fourth quarter worth approximately $36,000. 55.15% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

EL has been the topic of several research reports. Canaccord Genuity Group boosted their price target on shares of Estee Lauder Companies from $80.00 to $85.00 and gave the stock a “hold” rating in a research report on Monday, May 4th. Weiss Ratings lowered shares of Estee Lauder Companies from a “sell (d+)” rating to a “sell (d)” rating in a research note on Monday, May 4th. Sanford C. Bernstein initiated coverage on shares of Estee Lauder Companies in a research note on Friday, June 12th. They issued a “market perform” rating and a $82.00 price objective for the company. Piper Sandler initiated coverage on shares of Estee Lauder Companies in a report on Friday, May 15th. They set an “overweight” rating and a $95.00 price objective for the company. Finally, Barclays boosted their price objective on Estee Lauder Companies from $72.00 to $75.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 5th. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, Estee Lauder Companies has an average rating of “Moderate Buy” and an average price target of $99.90.

Estee Lauder Companies Price Performance

Shares of Estee Lauder Companies stock opened at $83.84 on Friday. The firm’s 50-day moving average price is $83.14 and its two-hundred day moving average price is $92.95. The company has a current ratio of 1.27, a quick ratio of 0.94 and a debt-to-equity ratio of 1.71. The Estee Lauder Companies Inc. has a 1-year low of $66.22 and a 1-year high of $121.64. The stock has a market capitalization of $30.33 billion, a price-to-earnings ratio of -119.77, a P/E/G ratio of 0.64 and a beta of 1.27.

Estee Lauder Companies (NYSE:EL) last posted its quarterly earnings data on Friday, May 1st. The company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.66 by $0.25. The company had revenue of $3.71 billion during the quarter, compared to analysts’ expectations of $3.69 billion. Estee Lauder Companies had a positive return on equity of 20.66% and a negative net margin of 1.67%.Estee Lauder Companies’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.65 earnings per share. Estee Lauder Companies has set its FY 2026 guidance at 2.330-2.430 EPS. On average, equities analysts predict that The Estee Lauder Companies Inc. will post 2.41 earnings per share for the current fiscal year.

Estee Lauder Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 29th were given a $0.35 dividend. The ex-dividend date of this dividend was Friday, May 29th. This represents a $1.40 dividend on an annualized basis and a yield of 1.7%. Estee Lauder Companies’s dividend payout ratio (DPR) is -200.00%.

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.