Wealthfront Advisers LLC Purchases 14,101 Shares of The Estee Lauder Companies Inc. $EL

Wealthfront Advisers LLC raised its holdings in The Estee Lauder Companies Inc. (NYSE:ELFree Report) by 21.0% during the first quarter, HoldingsChannel reports. The firm owned 81,242 shares of the company’s stock after acquiring an additional 14,101 shares during the quarter. Wealthfront Advisers LLC’s holdings in Estee Lauder Companies were worth $5,831,000 at the end of the most recent reporting period.

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

Analysts Set New Price Targets

Several research firms have recently weighed in on EL. The Goldman Sachs Group began coverage on shares of Estee Lauder Companies in a research note on Monday, June 22nd. They issued a “buy” rating and a $100.00 price objective for the company. UBS Group increased their price objective on Estee Lauder Companies from $85.00 to $86.00 and gave the stock a “neutral” rating in a research note on Thursday. Wall Street Zen lowered shares of Estee Lauder Companies from a “buy” rating to a “hold” rating in a research report on Saturday, April 4th. Piper Sandler assumed coverage on Estee Lauder Companies in a research report on Friday, May 15th. They issued an “overweight” rating and a $95.00 price objective on the stock. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on shares of Estee Lauder Companies from $124.00 to $108.00 and set a “buy” rating on the stock in a research note on Monday, March 30th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $99.16.

Get Our Latest Stock Analysis on Estee Lauder Companies

Estee Lauder Companies Stock Down 0.6%

EL stock opened at $82.32 on Friday. The stock has a 50-day simple moving average of $83.75 and a two-hundred day simple moving average of $91.20. The firm has a market capitalization of $29.78 billion, a PE ratio of -117.60, a PEG ratio of 0.64 and a beta of 1.27. The Estee Lauder Companies Inc. has a twelve month low of $66.22 and a twelve month high of $121.64. The company has a quick ratio of 0.94, a current ratio of 1.27 and a debt-to-equity ratio of 1.71.

Estee Lauder Companies (NYSE:ELGet Free Report) last posted its earnings results on Friday, May 1st. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.25. Estee Lauder Companies had a negative net margin of 1.67% and a positive return on equity of 20.66%. The business had revenue of $3.71 billion for the quarter, compared to analysts’ expectations of $3.69 billion. During the same period in the prior year, the company posted $0.65 EPS. The business’s revenue for the quarter was up 4.6% compared to the same quarter last year. 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 EPS for the current fiscal year.

Estee Lauder Companies Announces Dividend

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

Estee Lauder Companies Company 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.

Read More

Want to see what other hedge funds are holding EL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Estee Lauder Companies Inc. (NYSE:ELFree Report).

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

Receive News & Ratings for Estee Lauder Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Estee Lauder Companies and related companies with MarketBeat.com's FREE daily email newsletter.