6,479 The Estee Lauder Companies Inc. $EL Shares Purchased by Quintet Private Bank Europe S.A.

Quintet Private Bank Europe S.A. lifted its stake in shares of The Estee Lauder Companies Inc. (NYSE:EL) by 21.2% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 37,110 shares of the company’s stock after purchasing an additional 6,479 shares during the quarter. Quintet Private Bank Europe S.A.’s holdings in Estee Lauder Companies were worth $3,443,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. Pictet Asset Management Holding SA lifted its stake in Estee Lauder Companies by 14.6% in the first quarter. Pictet Asset Management Holding SA now owns 973,478 shares of the company’s stock valued at $69,854,000 after purchasing an additional 124,079 shares during the last quarter. S&CO Inc. purchased a new stake in Estee Lauder Companies in the second quarter worth $5,586,000. Franklin Resources Inc. raised its stake in shares of Estee Lauder Companies by 29.6% in the fourth quarter. Franklin Resources Inc. now owns 1,972,197 shares of the company’s stock valued at $206,528,000 after buying an additional 450,798 shares during the period. SummitTX Capital L.P. purchased a new position in shares of Estee Lauder Companies during the 1st quarter valued at $7,608,000. Finally, Nykredit A S purchased a new position in shares of Estee Lauder Companies during the 2nd quarter valued at $6,750,000. Institutional investors own 55.15% of the company’s stock.

Estee Lauder Companies Price Performance

Shares of EL stock traded up $0.03 during trading hours on Thursday, hitting $94.48. 634,729 shares of the company’s stock were exchanged, compared to its average volume of 3,805,696. The company has a market capitalization of $34.18 billion, a PE ratio of 192.87, a PEG ratio of 1.08 and a beta of 1.27. The Estee Lauder Companies Inc. has a 12-month low of $66.22 and a 12-month high of $121.64. The business’s 50 day simple moving average is $94.79 and its 200-day simple moving average is $85.56. The company has a current ratio of 1.22, a quick ratio of 0.90 and a debt-to-equity ratio of 1.79.

Estee Lauder Companies (NYSE:EL) last released its quarterly earnings data on Wednesday, August 19th. The company reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.32 by $0.07. The business had revenue of $3.64 billion during the quarter, compared to analysts’ expectations of $3.55 billion. Estee Lauder Companies had a return on equity of 23.52% and a net margin of 1.21%.The business’s revenue was up 6.3% on a year-over-year basis. During the same quarter last year, the business posted $0.09 EPS. Estee Lauder Companies has set its FY 2027 guidance at 3.100-3.350 EPS. On average, equities research analysts anticipate that The Estee Lauder Companies Inc. will post 3.31 earnings per share for the current year.

Estee Lauder Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Monday, August 31st were paid a dividend of $0.35 per share. The ex-dividend date of this dividend was Monday, August 31st. This represents a $1.40 annualized dividend and a yield of 1.5%. Estee Lauder Companies’s payout ratio is presently 285.71%.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on EL. UBS Group lifted their target price on shares of Estee Lauder Companies from $86.00 to $106.00 and gave the stock a “neutral” rating in a research note on Thursday, August 20th. Barclays upgraded shares of Estee Lauder Companies from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $97.00 to $108.00 in a research note on Monday. Morgan Stanley lifted their price objective on shares of Estee Lauder Companies from $90.00 to $102.00 and gave the company an “equal weight” rating in a research note on Thursday, August 20th. Wall Street Zen downgraded Estee Lauder Companies from a “buy” rating to a “hold” rating in a research report on Saturday, September 26th. Finally, Telsey Advisory Group lifted their price target on Estee Lauder Companies from $90.00 to $108.00 and gave the company a “market perform” rating in a research report on Thursday, August 20th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $104.76.

Insiders Place Their Bets

In related news, Director Paul J. Fribourg sold 58,000 shares of the firm’s stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $98.17, for a total transaction of $5,693,860.00. Following the completion of the sale, the director owned 417,300 shares of the company’s stock, valued at $40,966,341. This trade represents a 12.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Charlene Barshefsky sold 3,775 shares of the company’s stock in a transaction dated Wednesday, September 9th. The shares were sold at an average price of $98.82, for a total transaction of $373,045.50. Following the transaction, the director owned 50,971 shares in the company, valued at $5,036,954.22. This represents a 6.90% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 75,105 shares of company stock worth $7,423,185. 11.54% of the stock is currently owned by company insiders.

Estee Lauder Companies Profile

The Estée Lauder Companies Inc (NYSE: EL) is a global beauty company that develops, markets and sells prestige skincare, makeup, fragrance and hair care products. Its portfolio includes brands such as Estée Lauder, Clinique, La Mer, MAC, Bobbi Brown, Jo Malone London, Aveda, The Ordinary and Tom Ford Beauty.

The company’s products are distributed through department stores, specialty retailers, freestanding stores, e-commerce platforms, travel retail outlets and other channels. Estée Lauder serves consumers in numerous markets across the Americas, Europe, the Middle East and Africa, and the Asia-Pacific region.

Estée Lauder was founded in 1946 by Estée Lauder and her husband, Joseph Lauder, beginning with a small collection of skincare products.