Mirae Asset Global Investments Co. Ltd. Acquires New Stake in The Estee Lauder Companies Inc. $EL

Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of The Estee Lauder Companies Inc. (NYSE:EL) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 83,284 shares of the company’s stock, valued at approximately $7,726,000.

Other large investors also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its holdings in shares of Estee Lauder Companies by 950.9% in the first quarter. Bank of America Corp DE now owns 13,843,765 shares of the company’s stock valued at $993,567,000 after purchasing an additional 12,526,471 shares in the last quarter. Amundi raised its position in Estee Lauder Companies by 33.8% during the first quarter. Amundi now owns 1,909,911 shares of the company’s stock valued at $137,074,000 after buying an additional 482,185 shares during the period. Robeco Institutional Asset Management B.V. raised its position in Estee Lauder Companies by 26.9% during the third quarter. Robeco Institutional Asset Management B.V. now owns 1,827,512 shares of the company’s stock valued at $169,538,000 after buying an additional 387,596 shares during the period. Ninety One UK Ltd purchased a new stake in Estee Lauder Companies in the 3rd quarter worth about $134,551,000. Finally, Dimensional Fund Advisors LP lifted its stake in Estee Lauder Companies by 44.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,192,531 shares of the company’s stock worth $85,559,000 after acquiring an additional 365,651 shares in the last quarter. 55.15% of the stock is owned by institutional investors and hedge funds.

Estee Lauder Companies Price Performance

EL opened at $112.11 on Thursday. The stock has a fifty day moving average price of $100.59 and a 200 day moving average price of $91.79. The company has a current ratio of 1.25, a quick ratio of 0.90 and a debt-to-equity ratio of 1.67. The Estee Lauder Companies Inc. has a 1 year low of $66.22 and a 1 year high of $121.64. The stock has a market cap of $40.56 billion, a price-to-earnings ratio of 112.11, a PEG ratio of 1.50 and a beta of 1.23.

Estee Lauder Companies (NYSE:EL) last issued its earnings results on Monday, November 2nd. The company reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.21. Estee Lauder Companies had a return on equity of 26.99% and a net margin of 2.41%. The company had revenue of $3.72 billion for the quarter, compared to analyst estimates of $3.65 billion. During the same period in the prior year, the firm posted $0.32 EPS. The business’s revenue was up 6.7% compared to the same quarter last year. Analysts forecast that The Estee Lauder Companies Inc. will post 3.39 EPS for the current fiscal year.

Estee Lauder Companies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Monday, November 30th will be paid a $0.35 dividend. The ex-dividend date of this dividend is Monday, November 30th. This represents a $1.40 annualized dividend and a dividend yield of 1.2%. Estee Lauder Companies’s payout ratio is presently 140.00%.

Insider Buying and Selling

In related news, Director Charlene Barshefsky sold 3,775 shares of the stock in a transaction that occurred on Wednesday, September 9th. The stock was sold at an average price of $98.82, for a total value of $373,045.50. Following the transaction, the director owned 50,971 shares in the company, valued at approximately $5,036,954.22. This represents a 6.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Paul 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 transaction, the director directly owned 417,300 shares in the company, valued at approximately $40,966,341. The trade was a 12.20% 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. Insiders own 11.54% of the company’s stock.

Key Headlines Impacting Estee Lauder Companies

Here are the key news stories impacting Estee Lauder Companies this week:

• Positive Sentiment: Fiscal Q1 adjusted earnings were $0.72 per share, above the $0.51 consensus, and revenue of $3.72 billion topped estimates of $3.65 billion. EL also raised its fiscal 2027 outlook, forecasting $15.8 billion–$16.0 billion in revenue and 4%–5.5% organic sales growth. Q1 results
• Positive Sentiment: At its China-focused capital markets event, the company set a fiscal 2030 ambition for mid-single-digit annual sales growth and higher profit margins, signaling confidence in its recovery and strategy. Reuters: 2030 sales targets
• Positive Sentiment: Analysts made bullish moves: Barclays raised its price target to $126 and assigned an overweight rating, while RBC Capital also gave EL a buy rating and set a $126 target. RBC Capital rating
• Neutral Sentiment: Analyst views remain mixed: TD Cowen maintained a hold, despite the positive ratings and target increases from some peers. TD Cowen rating
• Negative Sentiment: Options trading showed unusually high put volume, potentially reflecting hedging or increased concern about downside risk. This contrasts with the improved earnings outlook and bullish analyst targets.

Analysts Set New Price Targets

A number of equities research analysts have commented on EL shares. The Goldman Sachs Group raised their price objective on Estee Lauder Companies from $116.00 to $124.00 and gave the stock a “buy” rating in a research report on Friday, October 16th. Raymond James Financial upped their target price on Estee Lauder Companies from $110.00 to $115.00 and gave the company a “strong-buy” rating in a report on Thursday, August 20th. Sanford C. Bernstein increased their price target on shares of Estee Lauder Companies from $82.00 to $106.00 and gave the stock a “market perform” rating in a research report on Thursday, August 20th. Wall Street Zen cut shares of Estee Lauder Companies from a “buy” rating to a “hold” rating in a report on Saturday, September 26th. Finally, Morgan Stanley boosted their price objective on shares of Estee Lauder Companies from $112.00 to $118.00 and gave the company an “equal weight” rating in a research report on Tuesday. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, fourteen have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $110.31.

About Estee Lauder Companies

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

Founded in 1946 by Estée and Joseph Lauder, the company began with four skincare products and has expanded into a multinational beauty business. Its products are sold through department and specialty stores, beauty retailers, brand-operated stores, e-commerce platforms, salons, spas and other distribution channels.

The Estée Lauder Companies serves consumers in markets across the Americas, Europe, the Middle East and Africa, and Asia-Pacific.