Jupiter Asset Management Ltd. Sells 108,984 Shares of The Estee Lauder Companies Inc. $EL

Jupiter Asset Management Ltd. reduced its stake in shares of The Estee Lauder Companies Inc. (NYSE:EL) by 48.5% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 115,854 shares of the company’s stock after selling 108,984 shares during the period. Jupiter Asset Management Ltd.’s holdings in Estee Lauder Companies were worth $12,132,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in EL. Murphy & Mullick Capital Management Corp grew its position in Estee Lauder Companies by 12.7% in the fourth quarter. Murphy & Mullick Capital Management Corp now owns 1,775 shares of the company’s stock valued at $186,000 after purchasing an additional 200 shares in the last quarter. Seven Grand Managers LLC bought a new position in Estee Lauder Companies in the fourth quarter valued at approximately $10,472,000. Geode Capital Management LLC grew its stake in Estee Lauder Companies by 5.5% in the fourth quarter. Geode Capital Management LLC now owns 6,308,108 shares of the company’s stock valued at $658,020,000 after purchasing an additional 331,530 shares in the last quarter. Bleakley Financial Group LLC grew its stake in Estee Lauder Companies by 32.0% in the fourth quarter. Bleakley Financial Group LLC now owns 31,576 shares of the company’s stock valued at $3,307,000 after purchasing an additional 7,647 shares in the last quarter. Finally, Harbour Investments Inc. grew its stake in Estee Lauder Companies by 88.6% in the fourth quarter. Harbour Investments Inc. now owns 445 shares of the company’s stock valued at $47,000 after purchasing an additional 209 shares in the last quarter. Institutional investors and hedge funds own 55.15% of the company’s stock.

Analyst Upgrades and Downgrades

EL has been the subject of a number of analyst reports. UBS Group lifted their price objective on shares of Estee Lauder Companies from $75.00 to $85.00 and gave the company a “neutral” rating in a research report on Monday, May 4th. Royal Bank Of Canada reissued an “outperform” rating and issued a $113.00 price objective on shares of Estee Lauder Companies in a research report on Tuesday, February 3rd. Citigroup lifted their price objective on shares of Estee Lauder Companies from $92.00 to $110.00 and gave the company a “buy” rating in a research report on Friday, May 22nd. Canaccord Genuity Group lifted their price objective on shares of Estee Lauder Companies from $80.00 to $85.00 and gave the company a “hold” rating in a research report on Monday, May 4th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Estee Lauder Companies from $98.00 to $99.00 and gave the company an “overweight” rating in a research report on Monday, May 4th. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $101.63.

Estee Lauder Companies Stock Performance

EL opened at $89.10 on Friday. The business has a fifty day simple moving average of $78.12 and a 200 day simple moving average of $94.82. The company has a market capitalization of $32.23 billion, a PE ratio of -127.28, a price-to-earnings-growth ratio of 0.93 and a beta of 1.22. The Estee Lauder Companies Inc. has a 1 year low of $64.83 and a 1 year high of $121.64. The company has a debt-to-equity ratio of 1.71, a current ratio of 1.27 and a quick ratio of 0.94.

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

Estee Lauder Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be issued a $0.35 dividend. The ex-dividend date of this dividend is Friday, May 29th. This represents a $1.40 dividend on an annualized basis and a yield of 1.6%. Estee Lauder Companies’s payout ratio is currently -200.00%.

About Estee Lauder Companies

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.