New England Research & Management Inc. Buys 5,096 Shares of The Estee Lauder Companies Inc. $EL

New England Research & Management Inc. bought a new stake in The Estee Lauder Companies Inc. (NYSE:EL) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 5,096 shares of the company’s stock, valued at approximately $473,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Bank of America Corp DE lifted its position in Estee Lauder Companies by 950.9% in the first quarter. Bank of America Corp DE now owns 13,843,765 shares of the company’s stock valued at $993,567,000 after purchasing an additional 12,526,471 shares during the period. Amundi increased its position in Estee Lauder Companies by 33.8% during the 1st quarter. Amundi now owns 1,909,911 shares of the company’s stock worth $137,074,000 after purchasing an additional 482,185 shares during the period. Ninety One UK Ltd purchased a new position in shares of Estee Lauder Companies during the 3rd quarter worth approximately $134,551,000. Tidal Investments LLC raised its stake in shares of Estee Lauder Companies by 24.9% during the 2nd quarter. Tidal Investments LLC now owns 1,137,758 shares of the company’s stock worth $89,826,000 after buying an additional 226,888 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Estee Lauder Companies by 44.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,192,531 shares of the company’s stock valued at $85,559,000 after buying an additional 365,651 shares during the period. 55.15% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

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

Estee Lauder Companies Price Performance

EL traded down $2.66 during trading on Friday, reaching $104.53. 2,845,432 shares of the stock were exchanged, compared to its average volume of 3,046,664. The business’s 50 day moving average price is $96.88 and its two-hundred day moving average price is $86.78. The company has a debt-to-equity ratio of 1.79, a current ratio of 1.22 and a quick ratio of 0.90. The company has a market capitalization of $37.82 billion, a price-to-earnings ratio of 213.33, a P/E/G ratio of 1.24 and a beta of 1.27. The Estee Lauder Companies Inc. has a 1 year low of $66.22 and a 1 year high of $121.64.

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

Estee Lauder Companies Dividend Announcement

The firm also recently announced 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. This represents a $1.40 annualized dividend and a yield of 1.3%. The ex-dividend date was Monday, August 31st. Estee Lauder Companies’s dividend payout ratio (DPR) is 285.71%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. UBS Group raised their target price on Estee Lauder Companies from $86.00 to $106.00 and gave the company a “neutral” rating in a report on Thursday, August 20th. Wall Street Zen cut shares of Estee Lauder Companies from a “buy” rating to a “hold” rating in a research note on Saturday, September 26th. Telsey Advisory Group increased their price target on shares of Estee Lauder Companies from $90.00 to $108.00 and gave the company a “market perform” rating in a report on Thursday, August 20th. Jefferies Financial Group raised their price objective on shares of Estee Lauder Companies from $88.00 to $100.00 and gave the company a “hold” rating in a research note on Thursday, August 20th. Finally, B. Riley Financial reissued a “neutral” rating and set a $100.00 price objective (up from $85.00) on shares of Estee Lauder Companies in a report on Thursday, August 20th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Estee Lauder Companies currently has a consensus rating of “Hold” and a consensus target price of $105.24.

About Estee Lauder Companies

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.