Pictet Asset Management Holding SA Boosts Stock Position in The Estee Lauder Companies Inc. $EL

Pictet Asset Management Holding SA raised its holdings in The Estee Lauder Companies Inc. (NYSE:EL) by 14.6% during the first quarter, Holdings Channel reports. The institutional investor owned 973,478 shares of the company’s stock after buying an additional 124,079 shares during the period. Pictet Asset Management Holding SA’s holdings in Estee Lauder Companies were worth $69,854,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in EL. Vanguard Group Inc. lifted its stake in Estee Lauder Companies by 3.9% during the fourth quarter. Vanguard Group Inc. now owns 27,952,869 shares of the company’s stock worth $2,927,224,000 after purchasing an additional 1,043,746 shares during the last quarter. State Street Corp boosted its holdings in shares of Estee Lauder Companies by 4.2% in the 4th quarter. State Street Corp now owns 11,585,782 shares of the company’s stock valued at $1,213,263,000 after buying an additional 467,195 shares in the last quarter. Schroder Investment Management Group boosted its holdings in shares of Estee Lauder Companies by 185.3% in the 4th 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. Independent Franchise Partners LLP grew its position in shares of Estee Lauder Companies by 1.1% in the 4th quarter. Independent Franchise Partners LLP now owns 7,837,249 shares of the company’s stock valued at $820,717,000 after buying an additional 83,857 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its position in shares of Estee Lauder Companies by 22.7% in the 4th quarter. Bank of New York Mellon Corp now owns 7,497,179 shares of the company’s stock valued at $785,105,000 after buying an additional 1,384,678 shares during the last quarter. 55.15% of the stock is owned by institutional investors and hedge funds.

Estee Lauder Companies Stock Performance

NYSE EL opened at $79.36 on Tuesday. The firm has a market cap of $28.71 billion, a P/E ratio of -113.38, a P/E/G ratio of 0.83 and a beta of 1.26. The Estee Lauder Companies Inc. has a 52-week low of $66.22 and a 52-week high of $121.64. The business’s 50-day moving average price is $82.84 and its 200 day moving average price is $93.46. The company has a quick ratio of 0.94, a current ratio of 1.27 and a debt-to-equity ratio of 1.71.

Estee Lauder Companies (NYSE:EL) last posted its quarterly earnings data on Friday, May 1st. The company reported $0.91 EPS for the quarter, beating 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 firm 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 business earned $0.65 EPS. The firm’s revenue was up 4.6% compared to the same quarter last year. Estee Lauder Companies has set its FY 2026 guidance at 2.330-2.430 EPS. On average, equities research analysts expect that The Estee Lauder Companies Inc. will post 2.41 earnings per share for the current year.

Estee Lauder Companies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 29th were issued a dividend of $0.35 per share. The ex-dividend date of this dividend was Friday, May 29th. This represents a $1.40 annualized dividend and a dividend yield of 1.8%. Estee Lauder Companies’s dividend payout ratio (DPR) is currently -200.00%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on EL shares. The Goldman Sachs Group began coverage on shares of Estee Lauder Companies in a research report on Monday, June 22nd. They issued a “buy” rating and a $100.00 price target for the company. JPMorgan Chase & Co. boosted their target price on Estee Lauder Companies from $98.00 to $99.00 and gave the company an “overweight” rating in a report on Monday, May 4th. Piper Sandler assumed coverage on Estee Lauder Companies in a research note on Friday, May 15th. They issued an “overweight” rating and a $95.00 price objective for the company. UBS Group increased 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. Finally, Canaccord Genuity Group raised their target price on shares of Estee Lauder Companies from $80.00 to $85.00 and gave the stock a “hold” rating in a research report on Monday, May 4th. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Estee Lauder Companies presently has a consensus rating of “Moderate Buy” and an average target price of $99.90.

Estee Lauder Companies Profile

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.