Ninety One UK Ltd Buys New Position in The Estee Lauder Companies Inc. $EL

Ninety One UK Ltd bought a new stake in shares of The Estee Lauder Companies Inc. (NYSE:EL) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,450,367 shares of the company’s stock, valued at approximately $134,551,000. Ninety One UK Ltd owned 0.40% of Estee Lauder Companies as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the company. Trust Co. of Vermont acquired a new stake in shares of Estee Lauder Companies during the second quarter worth $28,000. Kozak & Associates Inc. bought a new position in Estee Lauder Companies during the second quarter worth $30,000. IFP Advisors Inc lifted its holdings in Estee Lauder Companies by 35.2% in the second quarter. IFP Advisors Inc now owns 415 shares of the company’s stock valued at $33,000 after buying an additional 108 shares during the period. Meeder Asset Management Inc. lifted its holdings in Estee Lauder Companies by 1,732.5% in the first quarter. Meeder Asset Management Inc. now owns 733 shares of the company’s stock valued at $53,000 after buying an additional 693 shares during the period. Finally, MBM Wealth Consultants LLC acquired a new position in Estee Lauder Companies in the first quarter valued at $94,000. Institutional investors own 55.15% of the company’s stock.

Estee Lauder Companies Stock Up 4.7%

Shares of NYSE EL traded up $4.78 during trading on Thursday, hitting $106.36. 1,252,925 shares of the company traded hands, compared to its average volume of 3,783,925. The business’s fifty day moving average is $96.12 and its 200 day moving average is $86.37. The Estee Lauder Companies Inc. has a fifty-two week low of $66.22 and a fifty-two week high of $121.64. The firm has a market capitalization of $38.48 billion, a price-to-earnings ratio of 216.51, a P/E/G ratio of 1.16 and a beta of 1.27. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.90 and a current ratio of 1.22.

Estee Lauder Companies (NYSE:EL) last issued its earnings results on Wednesday, August 19th. The company reported $0.39 EPS for the quarter, beating the consensus estimate of $0.32 by $0.07. Estee Lauder Companies had a return on equity of 23.52% and a net margin of 1.21%. The company had revenue of $3.64 billion during the quarter, compared to the consensus estimate of $3.55 billion. During the same period last year, the business posted $0.09 EPS. The firm’s revenue for the quarter was up 6.3% compared to the same quarter last year. Estee Lauder Companies has set its FY 2027 guidance at 3.100-3.350 EPS. Equities research analysts predict that The Estee Lauder Companies Inc. will post 3.31 earnings per share for the current fiscal year.

Estee Lauder Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st were issued a dividend of $0.35 per share. The ex-dividend date was Monday, August 31st. This represents a $1.40 annualized dividend and a yield of 1.3%. Estee Lauder Companies’s dividend payout ratio is presently 285.71%.

Insiders Place Their Bets

In other news, VP Rashida La Lande sold 7,766 shares of the business’s stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $103.32, for a total transaction of $802,383.12. Following the completion of the sale, the vice president directly owned 14,357 shares of the company’s stock, valued at $1,483,365.24. The trade was a 35.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Charlene Barshefsky sold 3,775 shares of the company’s stock in a transaction dated Wednesday, September 9th. The stock was sold at an average price of $98.82, for a total transaction of $373,045.50. Following the completion of the sale, the director owned 50,971 shares in the company, valued at $5,036,954.22. This represents a 6.90% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 75,105 shares of company stock worth $7,423,185. Insiders own 11.54% of the company’s stock.

Analyst Ratings Changes

A number of analysts have commented on EL shares. Piper Sandler upped their price target on shares of Estee Lauder Companies from $95.00 to $115.00 and gave the company an “overweight” rating in a research report on Thursday, August 20th. China Intl Cap raised Estee Lauder Companies to a “strong-buy” rating in a research report on Sunday, August 30th. Citigroup boosted their price objective on Estee Lauder Companies from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Thursday, August 20th. Barclays upgraded Estee Lauder Companies from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $97.00 to $108.00 in a research report on Monday, October 5th. Finally, Wall Street Zen lowered Estee Lauder Companies from a “buy” rating to a “hold” rating in a research report on Saturday, September 26th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Estee Lauder Companies presently has an average rating of “Hold” and a consensus price target of $105.24.

Estee Lauder Companies Profile

The Estée Lauder Companies Inc (NYSE: EL) is a global beauty company that develops, markets and sells prestige skincare, makeup, fragrance and hair care products. Its portfolio includes brands such as Estée Lauder, Clinique, La Mer, MAC, Bobbi Brown, Jo Malone London, Aveda, The Ordinary and Tom Ford Beauty.

The company’s products are distributed through department stores, specialty retailers, freestanding stores, e-commerce platforms, travel retail outlets and other channels. Estée Lauder serves consumers in numerous markets across the Americas, Europe, the Middle East and Africa, and the Asia-Pacific region.

Estée Lauder was founded in 1946 by Estée Lauder and her husband, Joseph Lauder, beginning with a small collection of skincare products.