Robecosam AG lifted its holdings in shares of Estee Lauder Companies Inc (NYSE:EL) by 11.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 75,170 shares of the company’s stock after purchasing an additional 7,976 shares during the period. Robecosam AG’s holdings in Estee Lauder Companies were worth $9,613,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also made changes to their positions in the company. Dowling & Yahnke LLC boosted its position in shares of Estee Lauder Companies by 4.4% during the 4th quarter. Dowling & Yahnke LLC now owns 9,377 shares of the company’s stock worth $1,193,000 after acquiring an additional 393 shares in the last quarter. Wealthsource Partners LLC boosted its position in Estee Lauder Companies by 13.0% in the third quarter. Wealthsource Partners LLC now owns 3,493 shares of the company’s stock valued at $377,000 after buying an additional 401 shares in the last quarter. QS Investors LLC boosted its position in Estee Lauder Companies by 2.6% in the fourth quarter. QS Investors LLC now owns 17,900 shares of the company’s stock valued at $2,278,000 after buying an additional 454 shares in the last quarter. Global X MANAGEMENT CO LLC boosted its position in Estee Lauder Companies by 6.6% in the third quarter. Global X MANAGEMENT CO LLC now owns 7,561 shares of the company’s stock valued at $815,000 after buying an additional 466 shares in the last quarter. Finally, Sandy Spring Bank boosted its position in Estee Lauder Companies by 1.8% in the fourth quarter. Sandy Spring Bank now owns 26,581 shares of the company’s stock valued at $3,382,000 after buying an additional 480 shares in the last quarter. 54.10% of the stock is currently owned by institutional investors.
A number of analysts have weighed in on the stock. BMO Capital Markets raised their target price on shares of Estee Lauder Companies to $140.00 and gave the company a “market perform” rating in a research report on Wednesday, January 31st. Sanford C. Bernstein restated an “outperform” rating and issued a $144.00 target price (up previously from $134.00) on shares of Estee Lauder Companies in a research report on Monday, February 5th. Stifel Nicolaus reiterated a “buy” rating and set a $150.00 price target (up previously from $145.00) on shares of Estee Lauder Companies in a report on Tuesday, February 20th. Credit Suisse Group began coverage on shares of Estee Lauder Companies in a report on Monday. They set an “outperform” rating and a $162.00 price target on the stock. Finally, Deutsche Bank began coverage on shares of Estee Lauder Companies in a report on Wednesday, December 13th. They set a “hold” rating and a $134.00 price target on the stock. Five investment analysts have rated the stock with a hold rating and twenty-one have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $131.50.
Shares of Estee Lauder Companies Inc (NYSE:EL) opened at $145.37 on Tuesday. Estee Lauder Companies Inc has a 52 week low of $83.34 and a 52 week high of $145.97. The company has a quick ratio of 1.33, a current ratio of 1.76 and a debt-to-equity ratio of 0.74. The firm has a market cap of $53,345.91, a price-to-earnings ratio of 50.48, a price-to-earnings-growth ratio of 2.56 and a beta of 0.69.
Estee Lauder Companies (NYSE:EL) last posted its quarterly earnings results on Friday, February 2nd. The company reported $1.52 earnings per share for the quarter, beating the consensus estimate of $1.44 by $0.08. Estee Lauder Companies had a net margin of 8.43% and a return on equity of 34.86%. The firm had revenue of $3.74 billion during the quarter, compared to the consensus estimate of $3.68 billion. During the same period in the previous year, the firm posted $1.22 earnings per share. The business’s revenue was up 16.7% compared to the same quarter last year. equities research analysts predict that Estee Lauder Companies Inc will post 4.36 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Shareholders of record on Wednesday, February 28th will be paid a $0.38 dividend. This represents a $1.52 annualized dividend and a yield of 1.05%. The ex-dividend date is Tuesday, February 27th. Estee Lauder Companies’s dividend payout ratio (DPR) is currently 52.78%.
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Estee Lauder Companies Profile
The Estee Lauder Companies Inc manufactures and markets skin care, makeup, fragrance and hair care products. The Company offers products, including skin care, makeup, fragrance, hair care and other. The Company operates in beauty products segment. The Company’s products are sold in over 150 countries and territories under brand names, including Estee Lauder, Aramis, Clinique, Prescriptives, Lab Series, Origins, Tommy Hilfiger, MAC, Kiton, La Mer, Bobbi Brown, Donna Karan New York, DKNY, Aveda, Jo Malone London, Bumble and bumble, Michael Kors, Darphin, Tom Ford, Smashbox, Ermenegildo Zegna, AERIN, Tory Burch, RODIN olio lusso, Le Labo, Editions de Parfums Frederic Malle, GLAMGLOW, By Kilian, BECCA and Too Faced.
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