The Estée Lauder Companies Inc. (NYSE:EL) Shares Sold by Liontrust Investment Partners LLP

Liontrust Investment Partners LLP lessened its stake in The Estée Lauder Companies Inc. (NYSE:ELFree Report) by 0.9% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 111,000 shares of the company’s stock after selling 1,000 shares during the period. Liontrust Investment Partners LLP’s holdings in Estée Lauder Companies were worth $16,046,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in EL. Money Concepts Capital Corp increased its holdings in Estée Lauder Companies by 32.3% in the 4th quarter. Money Concepts Capital Corp now owns 209 shares of the company’s stock valued at $52,000 after buying an additional 51 shares during the period. Fiduciary Trust Co. grew its holdings in shares of Estée Lauder Companies by 0.7% in the 1st quarter. Fiduciary Trust Co. now owns 7,068 shares of the company’s stock worth $1,742,000 after purchasing an additional 52 shares during the last quarter. Cetera Investment Advisers grew its holdings in shares of Estée Lauder Companies by 1.4% in the 2nd quarter. Cetera Investment Advisers now owns 4,900 shares of the company’s stock worth $962,000 after purchasing an additional 70 shares during the last quarter. Moreno Evelyn V increased its stake in shares of Estée Lauder Companies by 0.5% in the 3rd quarter. Moreno Evelyn V now owns 16,492 shares of the company’s stock valued at $2,384,000 after acquiring an additional 75 shares during the last quarter. Finally, Magnolia Capital Advisors LLC increased its stake in shares of Estée Lauder Companies by 2.6% in the 4th quarter. Magnolia Capital Advisors LLC now owns 3,019 shares of the company’s stock valued at $749,000 after acquiring an additional 76 shares during the last quarter. Institutional investors own 55.15% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently commented on EL. Wells Fargo & Company upped their price target on Estée Lauder Companies from $155.00 to $175.00 and gave the company an “overweight” rating in a research note on Tuesday. The Goldman Sachs Group lowered their target price on Estée Lauder Companies from $185.00 to $141.00 and set a “buy” rating for the company in a research note on Thursday, November 2nd. Morgan Stanley lowered their target price on Estée Lauder Companies from $200.00 to $134.00 and set an “overweight” rating for the company in a research note on Thursday, November 2nd. Barclays increased their target price on Estée Lauder Companies from $101.00 to $121.00 and gave the stock an “equal weight” rating in a research note on Tuesday, January 16th. Finally, DA Davidson increased their target price on Estée Lauder Companies from $146.00 to $163.00 and gave the stock a “buy” rating in a research note on Wednesday, November 29th. Seventeen equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Estée Lauder Companies presently has an average rating of “Hold” and a consensus target price of $173.35.

View Our Latest Analysis on EL

Estée Lauder Companies Stock Up 2.1 %

Shares of NYSE EL traded up $2.92 during trading hours on Friday, hitting $143.69. The company had a trading volume of 1,561,027 shares, compared to its average volume of 3,393,978. The Estée Lauder Companies Inc. has a 1-year low of $102.22 and a 1-year high of $262.26. The company has a quick ratio of 0.97, a current ratio of 1.36 and a debt-to-equity ratio of 1.16. The firm’s 50 day moving average is $137.82 and its 200-day moving average is $142.65. The stock has a market capitalization of $51.42 billion, a P/E ratio of 108.29, a price-to-earnings-growth ratio of 3.86 and a beta of 1.07.

Estée Lauder Companies (NYSE:ELGet Free Report) last released its earnings results on Monday, February 5th. The company reported $0.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.33. Estée Lauder Companies had a return on equity of 9.78% and a net margin of 3.08%. The firm had revenue of $4.28 billion for the quarter, compared to analysts’ expectations of $4.19 billion. During the same quarter in the previous year, the business posted $1.54 earnings per share. The business’s revenue for the quarter was down 7.4% on a year-over-year basis. On average, analysts expect that The Estée Lauder Companies Inc. will post 2.24 earnings per share for the current fiscal year.

Estée Lauder Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 15th. Shareholders of record on Thursday, February 29th will be issued a $0.66 dividend. The ex-dividend date of this dividend is Wednesday, February 28th. This represents a $2.64 annualized dividend and a dividend yield of 1.84%. Estée Lauder Companies’s payout ratio is currently 203.08%.

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.

Featured Stories

Want to see what other hedge funds are holding EL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Estée Lauder Companies Inc. (NYSE:ELFree Report).

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

Receive News & Ratings for Estée Lauder Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Estée Lauder Companies and related companies with MarketBeat.com's FREE daily email newsletter.