60,405 Shares in The Estee Lauder Companies Inc. $EL Acquired by Jessup Wealth Management Inc

Jessup Wealth Management Inc bought a new position in shares of The Estee Lauder Companies Inc. (NYSE:ELFree Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 60,405 shares of the company’s stock, valued at approximately $6,326,000. Estee Lauder Companies comprises about 2.1% of Jessup Wealth Management Inc’s portfolio, making the stock its 16th biggest holding.

A number of other institutional investors have also made changes to their positions in EL. Zions Bancorporation National Association UT grew its holdings in Estee Lauder Companies by 6.0% in the 4th quarter. Zions Bancorporation National Association UT now owns 2,893 shares of the company’s stock valued at $303,000 after buying an additional 165 shares in the last quarter. Janney Montgomery Scott LLC grew its holdings in Estee Lauder Companies by 32.3% in the 4th quarter. Janney Montgomery Scott LLC now owns 18,246 shares of the company’s stock valued at $1,911,000 after buying an additional 4,451 shares in the last quarter. Illinois Municipal Retirement Fund grew its holdings in Estee Lauder Companies by 36.8% in the 4th quarter. Illinois Municipal Retirement Fund now owns 141,525 shares of the company’s stock valued at $14,820,000 after buying an additional 38,092 shares in the last quarter. Deutsche Bank AG grew its holdings in Estee Lauder Companies by 12.0% in the 4th quarter. Deutsche Bank AG now owns 1,390,561 shares of the company’s stock valued at $145,620,000 after buying an additional 149,502 shares in the last quarter. Finally, LPL Financial LLC grew its holdings in Estee Lauder Companies by 13.5% in the 4th quarter. LPL Financial LLC now owns 82,104 shares of the company’s stock valued at $8,598,000 after buying an additional 9,750 shares in the last quarter. 55.15% of the stock is owned by institutional investors and hedge funds.

Estee Lauder Companies Price Performance

Shares of EL stock opened at $85.44 on Thursday. 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 Estee Lauder Companies Inc. has a twelve month low of $66.22 and a twelve month high of $121.64. The company has a market cap of $30.91 billion, a P/E ratio of -122.06, a P/E/G ratio of 0.89 and a beta of 1.26. The business has a fifty day simple moving average of $79.61 and a 200 day simple moving average of $94.62.

Estee Lauder Companies (NYSE:ELGet Free Report) last announced its quarterly earnings data 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. Estee Lauder Companies had a positive return on equity of 20.66% and a negative net margin of 1.67%.The business had revenue of $3.71 billion during the quarter, compared to the consensus estimate of $3.69 billion. During the same period in the prior year, the company earned $0.65 EPS. Estee Lauder Companies’s revenue for the quarter was up 4.6% on a year-over-year basis. Estee Lauder Companies has set its FY 2026 guidance at 2.330-2.430 EPS. On average, sell-side analysts forecast that The Estee Lauder Companies Inc. will post 2.41 EPS for the current fiscal year.

Estee Lauder Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be given a $0.35 dividend. The ex-dividend date is Friday, May 29th. This represents a $1.40 annualized dividend and a yield of 1.6%. Estee Lauder Companies’s dividend payout ratio (DPR) is currently -200.00%.

Analyst Upgrades and Downgrades

A number of research analysts have commented on EL shares. Wells Fargo & Company upped their price objective on Estee Lauder Companies from $75.00 to $85.00 and gave the company an “equal weight” rating in a report on Monday, May 4th. Citigroup upped their price objective on Estee Lauder Companies from $92.00 to $110.00 and gave the company a “buy” rating in a report on Friday, May 22nd. Wall Street Zen lowered Estee Lauder Companies from a “buy” rating to a “hold” rating in a report on Saturday, April 4th. Deutsche Bank Aktiengesellschaft decreased their price objective on Estee Lauder Companies from $124.00 to $108.00 and set a “buy” rating on the stock in a report on Monday, March 30th. Finally, UBS Group upped their price objective on Estee Lauder Companies from $75.00 to $85.00 and gave the company a “neutral” rating in a report on Monday, May 4th. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Estee Lauder Companies presently has a consensus rating of “Moderate Buy” and an average target price of $101.63.

Read Our Latest Report on EL

Estee Lauder Companies Company Profile

(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

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Institutional Ownership by Quarter for Estee Lauder Companies (NYSE:EL)

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