Stephens Inc. AR Increases Position in The Estée Lauder Companies Inc. (NYSE:EL)

Stephens Inc. AR lifted its position in shares of The Estée Lauder Companies Inc. (NYSE:ELFree Report) by 117.1% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 10,449 shares of the company’s stock after buying an additional 5,635 shares during the quarter. Stephens Inc. AR’s holdings in Estée Lauder Companies were worth $1,528,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of EL. Rakuten Securities Inc. purchased a new stake in Estée Lauder Companies during the 4th quarter valued at approximately $26,000. Sunbelt Securities Inc. increased its holdings in Estée Lauder Companies by 82.2% in the 3rd quarter. Sunbelt Securities Inc. now owns 277 shares of the company’s stock valued at $40,000 after acquiring an additional 125 shares during the last quarter. Northwest Financial Advisors purchased a new stake in Estée Lauder Companies in the 4th quarter worth $44,000. MeadowBrook Investment Advisors LLC purchased a new position in shares of Estée Lauder Companies during the fourth quarter valued at about $50,000. Finally, Headinvest LLC bought a new stake in shares of Estée Lauder Companies in the third quarter worth about $55,000. Institutional investors own 55.15% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. Bernstein Bank lifted their price objective on Estée Lauder Companies from $155.00 to $160.00 in a research note on Wednesday, May 1st. Citigroup upgraded shares of Estée Lauder Companies from a “neutral” rating to a “buy” rating and increased their price objective for the company from $160.00 to $175.00 in a research report on Tuesday, April 2nd. Canaccord Genuity Group reduced their target price on shares of Estée Lauder Companies from $140.00 to $131.00 and set a “hold” rating on the stock in a report on Thursday, May 2nd. Deutsche Bank Aktiengesellschaft reduced their price objective on Estée Lauder Companies from $160.00 to $159.00 in a research note on Wednesday, May 1st. Finally, Morgan Stanley cut Estée Lauder Companies from an “overweight” rating to an “equal weight” rating and dropped their target price for the stock from $164.00 to $140.00 in a report on Friday, May 3rd. Sixteen research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $160.92.

Get Our Latest Stock Report on EL

Estée Lauder Companies Trading Down 2.5 %

NYSE:EL opened at $120.47 on Monday. The company has a current ratio of 1.58, a quick ratio of 1.15 and a debt-to-equity ratio of 1.26. The stock’s 50 day simple moving average is $136.00 and its 200-day simple moving average is $139.07. The Estée Lauder Companies Inc. has a 12-month low of $102.22 and a 12-month high of $204.41. The firm has a market cap of $43.20 billion, a P/E ratio of 67.68, a PEG ratio of 3.30 and a beta of 1.04.

Estée Lauder Companies (NYSE:ELGet Free Report) last announced its quarterly earnings data on Wednesday, May 1st. The company reported $0.97 EPS for the quarter, beating analysts’ consensus estimates of $0.48 by $0.49. The firm had revenue of $3.94 billion during the quarter, compared to the consensus estimate of $3.92 billion. Estée Lauder Companies had a net margin of 4.18% and a return on equity of 13.08%. The firm’s revenue was up 5.0% compared to the same quarter last year. During the same quarter last year, the firm earned $0.47 earnings per share. Equities analysts anticipate that The Estée Lauder Companies Inc. will post 2.22 EPS for the current year.

Estée Lauder Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 17th. Shareholders of record on Friday, May 31st will be given a dividend of $0.66 per share. The ex-dividend date is Friday, May 31st. This represents a $2.64 dividend on an annualized basis and a yield of 2.19%. Estée Lauder Companies’s payout ratio is 148.32%.

Insider Activity

In other Estée Lauder Companies news, CFO Tracey Thomas Travis sold 14,493 shares of the firm’s stock in a transaction dated Wednesday, May 15th. The shares were sold at an average price of $135.73, for a total transaction of $1,967,134.89. Following the completion of the transaction, the chief financial officer now directly owns 47,248 shares in the company, valued at approximately $6,412,971.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, EVP Jane Lauder sold 14,976 shares of the stock in a transaction dated Thursday, May 30th. The stock was sold at an average price of $121.26, for a total transaction of $1,815,989.76. Following the transaction, the executive vice president now directly owns 57,389 shares in the company, valued at $6,958,990.14. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Tracey Thomas Travis sold 14,493 shares of the stock in a transaction dated Wednesday, May 15th. The stock was sold at an average price of $135.73, for a total transaction of $1,967,134.89. Following the transaction, the chief financial officer now owns 47,248 shares in the company, valued at $6,412,971.04. The disclosure for this sale can be found here. Insiders sold a total of 42,255 shares of company stock worth $5,453,232 over the last 90 days. 12.77% of the stock is currently owned by corporate insiders.

About Estée Lauder Companies

(Free Report)

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, nail polishes, and powders, as well as compacts, brushes, and other makeup tools.

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

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