The Estée Lauder Companies Inc. (NYSE:EL) Holdings Lifted by S.E.E.D. Planning Group LLC

S.E.E.D. Planning Group LLC boosted its holdings in The Estée Lauder Companies Inc. (NYSE:ELFree Report) by 16.2% in the 4th quarter, HoldingsChannel reports. The firm owned 136,566 shares of the company’s stock after purchasing an additional 19,017 shares during the quarter. Estée Lauder Companies makes up approximately 3.4% of S.E.E.D. Planning Group LLC’s portfolio, making the stock its 10th largest holding. S.E.E.D. Planning Group LLC’s holdings in Estée Lauder Companies were worth $10,240,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Farther Finance Advisors LLC boosted its position in shares of Estée Lauder Companies by 30.9% during the third quarter. Farther Finance Advisors LLC now owns 639 shares of the company’s stock worth $64,000 after acquiring an additional 151 shares during the last quarter. Biltmore Family Office LLC lifted its stake in Estée Lauder Companies by 7.8% in the 3rd quarter. Biltmore Family Office LLC now owns 2,376 shares of the company’s stock worth $237,000 after purchasing an additional 171 shares in the last quarter. Cove Private Wealth LLC lifted its stake in Estée Lauder Companies by 7.1% in the 3rd quarter. Cove Private Wealth LLC now owns 2,625 shares of the company’s stock worth $262,000 after purchasing an additional 175 shares in the last quarter. Empirical Finance LLC boosted its holdings in shares of Estée Lauder Companies by 2.3% during the 3rd quarter. Empirical Finance LLC now owns 8,001 shares of the company’s stock valued at $798,000 after purchasing an additional 179 shares during the last quarter. Finally, William Allan Corp grew its position in shares of Estée Lauder Companies by 3.1% during the third quarter. William Allan Corp now owns 6,167 shares of the company’s stock valued at $615,000 after purchasing an additional 184 shares in the last quarter. 55.15% of the stock is owned by hedge funds and other institutional investors.

Estée Lauder Companies Stock Down 1.6 %

NYSE:EL opened at $73.82 on Wednesday. The stock has a fifty day simple moving average of $73.02 and a 200-day simple moving average of $85.96. The company has a current ratio of 1.32, a quick ratio of 0.90 and a debt-to-equity ratio of 1.44. The company has a market cap of $26.50 billion, a price-to-earnings ratio of 131.82, a price-to-earnings-growth ratio of 5.40 and a beta of 1.02. The Estée Lauder Companies Inc. has a twelve month low of $62.29 and a twelve month high of $159.75.

Estée Lauder Companies (NYSE:ELGet Free Report) last released its quarterly earnings data on Thursday, October 31st. The company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.05. The company had revenue of $3.36 billion during the quarter, compared to analysts’ expectations of $3.37 billion. Estée Lauder Companies had a net margin of 1.31% and a return on equity of 17.31%. The firm’s quarterly revenue was down 4.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.11 EPS. Analysts anticipate that The Estée Lauder Companies Inc. will post 1.47 EPS for the current year.

Estée Lauder Companies Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Friday, November 29th were paid a $0.35 dividend. The ex-dividend date of this dividend was Friday, November 29th. This represents a $1.40 annualized dividend and a yield of 1.90%. Estée Lauder Companies’s dividend payout ratio (DPR) is currently 250.00%.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on EL. The Goldman Sachs Group dropped their price target on Estée Lauder Companies from $100.00 to $75.00 and set a “neutral” rating for the company in a research note on Friday, November 1st. TD Cowen cut their target price on shares of Estée Lauder Companies from $95.00 to $70.00 and set a “hold” rating for the company in a report on Friday, November 1st. Bank of America reduced their price target on shares of Estée Lauder Companies from $100.00 to $75.00 and set a “neutral” rating on the stock in a research report on Friday, November 1st. Telsey Advisory Group reiterated a “market perform” rating and set a $105.00 price objective on shares of Estée Lauder Companies in a research report on Thursday, October 31st. Finally, Canaccord Genuity Group reduced their target price on shares of Estée Lauder Companies from $100.00 to $75.00 and set a “hold” rating on the stock in a report on Friday, November 1st. Twenty investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $96.50.

Read Our Latest Report on EL

Insiders Place Their Bets

In other Estée Lauder Companies news, Director Paul J. Fribourg bought 77,500 shares of the business’s stock in a transaction on Friday, November 15th. The shares were acquired at an average price of $64.01 per share, with a total value of $4,960,775.00. Following the transaction, the director now owns 234,500 shares of the company’s stock, valued at approximately $15,010,345. This trade represents a 49.36 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Fabrizio Freda sold 10,969 shares of the firm’s stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $67.76, for a total value of $743,259.44. Following the sale, the chief executive officer now directly owns 295,838 shares in the company, valued at approximately $20,045,982.88. The trade was a 3.58 % decrease in their position. The disclosure for this sale can be found here. 12.78% of the stock is currently owned by company 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, 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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