The Estee Lauder Companies Inc. (EL) to Issue Quarterly Dividend of $0.35 on June 15th

The Estee Lauder Companies Inc. (NYSE:ELGet Free Report) announced a quarterly dividend on Friday, May 1st. Shareholders of record on Friday, May 29th will be paid a dividend of 0.35 per share on Monday, June 15th. This represents a c) annualized dividend and a yield of 1.8%. The ex-dividend date is Friday, May 29th.

Estee Lauder Companies has raised its dividend payment by an average of 0.0%per year over the last three years. Estee Lauder Companies has a dividend payout ratio of 63.6% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Estee Lauder Companies to earn $3.07 per share next year, which means the company should continue to be able to cover its $1.40 annual dividend with an expected future payout ratio of 45.6%.

Estee Lauder Companies Price Performance

Shares of NYSE EL opened at $79.03 on Friday. The company has a debt-to-equity ratio of 1.82, a quick ratio of 1.00 and a current ratio of 1.36. The company has a market cap of $28.59 billion, a PE ratio of -112.90, a P/E/G ratio of 0.92 and a beta of 1.22. The business has a 50-day simple moving average of $83.69 and a two-hundred day simple moving average of $96.46. Estee Lauder Companies has a fifty-two week low of $56.66 and a fifty-two week high of $121.64.

Estee Lauder Companies (NYSE:ELGet Free Report) last issued its quarterly earnings results on Friday, May 1st. The company reported $0.91 earnings per share for the quarter, topping 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 17.59% and a negative net margin of 1.21%.The company’s quarterly revenue was up 4.6% on a year-over-year basis. During the same quarter last year, the company earned $0.65 earnings per share. Estee Lauder Companies has set its FY 2026 guidance at 2.330-2.430 EPS. As a group, equities analysts expect that Estee Lauder Companies will post 2.22 EPS for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Schroder Investment Management Group increased its position in shares of Estee Lauder Companies by 185.3% in the fourth quarter. Schroder Investment Management Group now owns 8,140,550 shares of the company’s stock valued at $861,596,000 after buying an additional 5,286,875 shares in the last quarter. J. Stern & Co. LLP increased its position in shares of Estee Lauder Companies by 4,281.3% in the fourth quarter. J. Stern & Co. LLP now owns 4,094,761 shares of the company’s stock valued at $4,094,761,000 after buying an additional 4,001,300 shares in the last quarter. Norges Bank purchased a new stake in shares of Estee Lauder Companies in the fourth quarter valued at approximately $308,912,000. M&T Bank Corp increased its position in shares of Estee Lauder Companies by 16,270.3% in the fourth quarter. M&T Bank Corp now owns 2,667,208 shares of the company’s stock valued at $279,310,000 after buying an additional 2,650,915 shares in the last quarter. Finally, Victory Capital Management Inc. increased its position in shares of Estee Lauder Companies by 3,181.4% in the third quarter. Victory Capital Management Inc. now owns 2,312,535 shares of the company’s stock valued at $203,781,000 after buying an additional 2,242,062 shares in the last quarter. 55.15% of the stock is owned by institutional investors and hedge funds.

About Estee Lauder Companies

(Get 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.

Further Reading

Dividend History for Estee Lauder Companies (NYSE:EL)

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