MUFG Securities EMEA plc Purchases 6,099 Shares of The Estee Lauder Companies Inc. $EL

MUFG Securities EMEA plc boosted its position in The Estee Lauder Companies Inc. (NYSE:ELFree Report) by 86.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 13,187 shares of the company’s stock after purchasing an additional 6,099 shares during the quarter. MUFG Securities EMEA plc’s holdings in Estee Lauder Companies were worth $1,381,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in EL. Flagship Harbor Advisors LLC bought a new position in Estee Lauder Companies in the fourth quarter worth $32,000. Hantz Financial Services Inc. raised its holdings in Estee Lauder Companies by 80.6% in the third quarter. Hantz Financial Services Inc. now owns 372 shares of the company’s stock worth $33,000 after purchasing an additional 166 shares in the last quarter. N.E.W. Advisory Services LLC raised its holdings in Estee Lauder Companies by 39.1% in the fourth quarter. N.E.W. Advisory Services LLC now owns 324 shares of the company’s stock worth $34,000 after purchasing an additional 91 shares in the last quarter. Kelleher Financial Advisors bought a new position in Estee Lauder Companies in the third quarter worth $39,000. Finally, BOCHK Asset Management Ltd bought a new position in Estee Lauder Companies in the fourth quarter worth $42,000. Institutional investors own 55.15% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on EL shares. Weiss Ratings lowered Estee Lauder Companies from a “sell (d+)” rating to a “sell (d)” rating in a research report on Monday, May 4th. Zacks Research raised Estee Lauder Companies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 12th. Deutsche Bank Aktiengesellschaft reduced their price objective on Estee Lauder Companies from $124.00 to $108.00 and set a “buy” rating for the company in a research report on Monday, March 30th. Piper Sandler started coverage on Estee Lauder Companies in a research report on Friday, May 15th. They set an “overweight” rating and a $95.00 price objective for the company. Finally, Citigroup raised their price objective on Estee Lauder Companies from $92.00 to $110.00 and gave the company a “buy” rating in a research report on Friday, May 22nd. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $101.63.

Get Our Latest Report on Estee Lauder Companies

Estee Lauder Companies Stock Down 3.0%

EL stock opened at $83.05 on Wednesday. The Estee Lauder Companies Inc. has a twelve month low of $64.83 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. The firm has a market cap of $30.05 billion, a PE ratio of -118.64, a price-to-earnings-growth ratio of 0.88 and a beta of 1.26. The business has a 50 day moving average of $78.12 and a 200 day moving average of $94.82.

Estee Lauder Companies (NYSE:ELGet Free Report) last posted its earnings results on Friday, May 1st. The company reported $0.91 EPS for the quarter, topping analysts’ consensus estimates of $0.66 by $0.25. The business had revenue of $3.71 billion during the quarter, compared to analyst estimates 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 company’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.65 EPS. Estee Lauder Companies has set its FY 2026 guidance at 2.330-2.430 EPS. On average, research analysts forecast that The Estee Lauder Companies Inc. will post 2.41 EPS for the current fiscal year.

Estee Lauder Companies Dividend Announcement

The firm also recently announced 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 dividend yield of 1.7%. Estee Lauder Companies’s dividend payout ratio (DPR) is presently -200.00%.

About Estee Lauder Companies

(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.

See Also

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.