Public Sector Pension Investment Board Buys 2,644 Shares of The Estee Lauder Companies Inc. $EL

Public Sector Pension Investment Board grew its holdings in shares of The Estee Lauder Companies Inc. (NYSE:EL) by 9.0% in the first quarter, Holdings Channel.com reports. The firm owned 31,861 shares of the company’s stock after buying an additional 2,644 shares during the period. Public Sector Pension Investment Board’s holdings in Estee Lauder Companies were worth $2,103,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Bank Pictet & Cie Europe AG boosted its position in shares of Estee Lauder Companies by 5.4% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 91,200 shares of the company’s stock valued at $6,838,000 after acquiring an additional 4,690 shares during the period. American Assets Inc. bought a new position in shares of Estee Lauder Companies in the fourth quarter valued at approximately $487,000. Dimensional Fund Advisors LP boosted its position in shares of Estee Lauder Companies by 15.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 579,430 shares of the company’s stock valued at $43,444,000 after acquiring an additional 75,499 shares during the period. BI Asset Management Fondsmaeglerselskab A S bought a new position in shares of Estee Lauder Companies in the fourth quarter valued at approximately $443,000. Finally, MetLife Investment Management LLC boosted its position in shares of Estee Lauder Companies by 1.7% in the fourth quarter. MetLife Investment Management LLC now owns 65,400 shares of the company’s stock valued at $4,904,000 after acquiring an additional 1,066 shares during the period. Institutional investors own 55.15% of the company’s stock.

Estee Lauder Companies Trading Down 3.7%

EL stock opened at $86.5380 on Thursday. The company has a market capitalization of $31.13 billion, a PE ratio of -35.76, a price-to-earnings-growth ratio of 6.62 and a beta of 1.18. The Estee Lauder Companies Inc. has a one year low of $48.37 and a one year high of $103.44. The company’s 50 day moving average price is $85.96 and its two-hundred day moving average price is $72.07. The company has a debt-to-equity ratio of 1.68, a quick ratio of 1.02 and a current ratio of 1.41.

Estee Lauder Companies (NYSE:EL) last issued its earnings results on Wednesday, August 20th. The company reported $0.09 EPS for the quarter, topping the consensus estimate of $0.07 by $0.02. Estee Lauder Companies had a negative net margin of 5.89% and a positive return on equity of 15.60%. The company had revenue of $3.41 billion for the quarter, compared to the consensus estimate of $3.36 billion. During the same period in the previous year, the firm earned $0.64 earnings per share. The firm’s revenue for the quarter was down 11.9% on a year-over-year basis. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. As a group, analysts predict that The Estee Lauder Companies Inc. will post 1.36 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

EL has been the subject of a number of analyst reports. Evercore ISI raised their price objective on shares of Estee Lauder Companies from $90.00 to $100.00 and gave the company an “outperform” rating in a research report on Thursday, June 26th. Wall Street Zen upgraded shares of Estee Lauder Companies from a “sell” rating to a “hold” rating in a research report on Friday, June 27th. Wells Fargo & Company lifted their target price on shares of Estee Lauder Companies from $60.00 to $90.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 9th. HSBC upgraded shares of Estee Lauder Companies from a “hold” rating to a “buy” rating and lifted their target price for the company from $80.00 to $99.00 in a research report on Friday, June 27th. Finally, Royal Bank Of Canada dropped their target price on shares of Estee Lauder Companies from $100.00 to $90.00 and set an “outperform” rating for the company in a research report on Friday, May 2nd. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and twelve have issued a Hold rating to the stock. According to data from MarketBeat, Estee Lauder Companies presently has an average rating of “Hold” and a consensus price target of $86.95.

About Estee Lauder Companies

The Estée Lauder Companies Inc manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. It offers skin care products, including moisturizers, serums, cleansers, toners, body care, exfoliators, acne care and oil correctors, facial masks, and sun care products; and makeup products, such as lipsticks, lip glosses, mascaras, foundations, eyeshadows, and powders, as well as compacts, brushes, and other makeup tools.