Dynamic Advisor Solutions LLC Invests $251,000 in The Estee Lauder Companies Inc. (NYSE:EL)

Dynamic Advisor Solutions LLC bought a new position in shares of The Estee Lauder Companies Inc. (NYSE:EL) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 3,807 shares of the company’s stock, valued at approximately $251,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Smartleaf Asset Management LLC raised its position in shares of Estee Lauder Companies by 47.4% during the fourth quarter. Smartleaf Asset Management LLC now owns 479 shares of the company’s stock worth $36,000 after purchasing an additional 154 shares during the period. Deseret Mutual Benefit Administrators raised its position in shares of Estee Lauder Companies by 68.7% during the fourth quarter. Deseret Mutual Benefit Administrators now owns 388 shares of the company’s stock worth $29,000 after purchasing an additional 158 shares during the period. Utah Retirement Systems raised its position in shares of Estee Lauder Companies by 0.5% during the fourth quarter. Utah Retirement Systems now owns 38,236 shares of the company’s stock worth $2,867,000 after purchasing an additional 200 shares during the period. First Hawaiian Bank grew its holdings in shares of Estee Lauder Companies by 2.9% during the first quarter. First Hawaiian Bank now owns 7,200 shares of the company’s stock valued at $475,000 after buying an additional 200 shares in the last quarter. Finally, New York Life Investment Management LLC grew its holdings in shares of Estee Lauder Companies by 0.6% during the fourth quarter. New York Life Investment Management LLC now owns 34,276 shares of the company’s stock valued at $2,570,000 after buying an additional 210 shares in the last quarter. 55.15% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on EL shares. Stifel Nicolaus lowered their price target on Estee Lauder Companies from $77.00 to $67.00 and set a “hold” rating on the stock in a report on Thursday, April 10th. DA Davidson reiterated a “buy” rating and set a $81.00 price target on shares of Estee Lauder Companies in a report on Tuesday, February 25th. UBS Group lifted their price target on Estee Lauder Companies from $60.00 to $62.00 and gave the company a “neutral” rating in a report on Friday, May 2nd. Wall Street Zen downgraded Estee Lauder Companies from a “hold” rating to a “sell” rating in a report on Saturday, May 24th. Finally, JPMorgan Chase & Co. lowered their price target on Estee Lauder Companies from $72.00 to $61.00 and set a “neutral” rating on the stock in a report on Friday, April 11th. One equities research analyst has rated the stock with a sell rating, eighteen have issued a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $75.15.

Estee Lauder Companies Stock Performance

Shares of NYSE EL opened at $74.69 on Friday. The company has a market capitalization of $26.87 billion, a P/E ratio of -30.86, a price-to-earnings-growth ratio of 9.33 and a beta of 1.12. The business’s 50-day moving average price is $63.45 and its two-hundred day moving average price is $68.97. The Estee Lauder Companies Inc. has a one year low of $48.37 and a one year high of $115.82. The company has a debt-to-equity ratio of 1.68, a current ratio of 1.41 and a quick ratio of 1.02.

Estee Lauder Companies (NYSE:EL) last released its quarterly earnings results on Thursday, May 1st. The company reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.36. The company had revenue of $2.66 billion during the quarter, compared to the consensus estimate of $3.51 billion. Estee Lauder Companies had a positive return on equity of 15.60% and a negative net margin of 5.89%. The firm’s revenue was down 9.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.97 EPS. Analysts anticipate that The Estee Lauder Companies Inc. will post 1.36 earnings per share for the current fiscal year.

Estee Lauder Companies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 16th. Stockholders of record on Friday, May 30th were paid a dividend of $0.35 per share. The ex-dividend date of this dividend was Friday, May 30th. This represents a $1.40 annualized dividend and a dividend yield of 1.87%. Estee Lauder Companies’s dividend payout ratio (DPR) is presently -57.85%.

Estee Lauder Companies Profile

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.