New England Professional Planning Group Inc. Purchases Shares of 103 The Estée Lauder Companies Inc. (NYSE:EL)

New England Professional Planning Group Inc. purchased a new stake in The Estée Lauder Companies Inc. (NYSE:ELGet Rating) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 103 shares of the company’s stock, valued at approximately $295,000.

A number of other institutional investors and hedge funds have also modified their holdings of EL. Dixon Hubard Feinour & Brown Inc. VA raised its position in shares of Estée Lauder Companies by 2.3% during the fourth quarter. Dixon Hubard Feinour & Brown Inc. VA now owns 32,617 shares of the company’s stock worth $12,075,000 after purchasing an additional 730 shares during the period. Stock Yards Bank & Trust Co. raised its position in shares of Estée Lauder Companies by 5.9% during the fourth quarter. Stock Yards Bank & Trust Co. now owns 11,579 shares of the company’s stock worth $4,287,000 after purchasing an additional 650 shares during the period. ProShare Advisors LLC raised its position in shares of Estée Lauder Companies by 31.6% during the fourth quarter. ProShare Advisors LLC now owns 45,445 shares of the company’s stock worth $16,824,000 after purchasing an additional 10,920 shares during the period. Park National Corp OH raised its position in shares of Estée Lauder Companies by 14.6% during the fourth quarter. Park National Corp OH now owns 32,844 shares of the company’s stock worth $12,159,000 after purchasing an additional 4,179 shares during the period. Finally, Atria Investments LLC raised its position in shares of Estée Lauder Companies by 4.9% during the fourth quarter. Atria Investments LLC now owns 10,865 shares of the company’s stock worth $4,022,000 after purchasing an additional 504 shares during the period. 58.85% of the stock is currently owned by hedge funds and other institutional investors.

In other Estée Lauder Companies news, EVP Carl P. Haney sold 1,965 shares of the firm’s stock in a transaction dated Thursday, May 26th. The stock was sold at an average price of $237.92, for a total value of $467,512.80. Following the sale, the executive vice president now owns 4,515 shares of the company’s stock, valued at approximately $1,074,208.80. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Carl P. Haney sold 548 shares of the firm’s stock in a transaction dated Friday, June 3rd. The shares were sold at an average price of $263.88, for a total value of $144,606.24. Following the completion of the sale, the executive vice president now directly owns 3,296 shares in the company, valued at approximately $869,748.48. The disclosure for this sale can be found here. Insiders have sold a total of 3,671 shares of company stock worth $888,117 in the last three months. 13.95% of the stock is currently owned by insiders.

A number of equities research analysts recently commented on EL shares. Deutsche Bank Aktiengesellschaft lowered their price target on Estée Lauder Companies from $289.00 to $274.00 in a research report on Wednesday, May 4th. StockNews.com started coverage on Estée Lauder Companies in a research report on Thursday, March 31st. They issued a “hold” rating for the company. Raymond James lowered their price target on Estée Lauder Companies from $345.00 to $320.00 in a research report on Wednesday, May 4th. Piper Sandler lowered their price target on Estée Lauder Companies from $380.00 to $350.00 and set an “overweight” rating for the company in a research report on Tuesday, April 19th. Finally, Oppenheimer reissued an “outperform” rating and issued a $300.00 price target on shares of Estée Lauder Companies in a research report on Tuesday, May 31st. Four analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $338.60.

Shares of EL stock traded up $7.46 on Thursday, hitting $255.37. 21,919 shares of the stock were exchanged, compared to its average volume of 1,525,924. The company has a current ratio of 1.75, a quick ratio of 1.23 and a debt-to-equity ratio of 0.84. The firm has a market capitalization of $91.26 billion, a PE ratio of 27.12, a P/E/G ratio of 3.19 and a beta of 1.04. The Estée Lauder Companies Inc. has a one year low of $225.39 and a one year high of $374.20. The firm’s 50 day moving average is $250.13 and its two-hundred day moving average is $289.42.

Estée Lauder Companies (NYSE:ELGet Rating) last posted its quarterly earnings results on Tuesday, May 3rd. The company reported $1.90 earnings per share for the quarter, topping the consensus estimate of $1.66 by $0.24. The company had revenue of $4.25 billion during the quarter, compared to the consensus estimate of $4.32 billion. Estée Lauder Companies had a return on equity of 45.06% and a net margin of 18.53%. The firm’s quarterly revenue was up 9.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.62 EPS. On average, sell-side analysts expect that The Estée Lauder Companies Inc. will post 7.15 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 15th. Investors of record on Tuesday, May 31st were issued a dividend of $0.60 per share. The ex-dividend date of this dividend was Friday, May 27th. This represents a $2.40 dividend on an annualized basis and a yield of 0.94%. Estée Lauder Companies’s dividend payout ratio (DPR) is 26.26%.

Estée Lauder Companies Profile (Get Rating)

The Estée Lauder Companies Inc manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. The company offers a range of skin care products, including moisturizers, serums, cleansers, toners, body care, exfoliators, acne care and oil correctors, facial masks, cleansing devices, 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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