AlphaMark Advisors LLC Increases Position in The Estée Lauder Companies Inc. (NYSE:EL)

AlphaMark Advisors LLC lifted its position in shares of The Estée Lauder Companies Inc. (NYSE:EL) by 14.2% during the third quarter, Holdings Channel reports. The institutional investor owned 2,810 shares of the company’s stock after purchasing an additional 350 shares during the period. AlphaMark Advisors LLC’s holdings in Estée Lauder Companies were worth $280,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of EL. Vanguard Group Inc. lifted its position in shares of Estée Lauder Companies by 6.4% in the first quarter. Vanguard Group Inc. now owns 20,686,550 shares of the company’s stock valued at $3,188,832,000 after acquiring an additional 1,250,555 shares in the last quarter. Independent Franchise Partners LLP boosted its stake in Estée Lauder Companies by 44.4% in the 2nd quarter. Independent Franchise Partners LLP now owns 3,466,048 shares of the company’s stock worth $368,788,000 after purchasing an additional 1,066,320 shares during the period. Clearbridge Investments LLC grew its holdings in Estée Lauder Companies by 4.6% during the 1st quarter. Clearbridge Investments LLC now owns 3,163,232 shares of the company’s stock valued at $487,612,000 after buying an additional 140,416 shares in the last quarter. Van ECK Associates Corp raised its position in shares of Estée Lauder Companies by 12.0% during the second quarter. Van ECK Associates Corp now owns 2,962,985 shares of the company’s stock valued at $315,262,000 after buying an additional 318,257 shares during the last quarter. Finally, Marshall Wace LLP lifted its holdings in shares of Estée Lauder Companies by 3,065.6% in the second quarter. Marshall Wace LLP now owns 1,983,083 shares of the company’s stock worth $211,000,000 after buying an additional 1,920,439 shares in the last quarter. Institutional investors own 55.15% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Wells Fargo & Company cut their target price on shares of Estée Lauder Companies from $130.00 to $117.00 and set an “overweight” rating for the company in a research note on Tuesday, August 20th. JPMorgan Chase & Co. lifted their target price on Estée Lauder Companies from $105.00 to $113.00 and gave the stock an “overweight” rating in a report on Friday, October 11th. UBS Group dropped their price target on Estée Lauder Companies from $115.00 to $104.00 and set a “neutral” rating for the company in a research note on Tuesday, August 20th. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $115.00 price objective on shares of Estée Lauder Companies in a research note on Monday, August 19th. Finally, Raymond James downgraded Estée Lauder Companies from a “strong-buy” rating to a “market perform” rating in a research report on Monday, July 22nd. Sixteen analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Estée Lauder Companies has a consensus rating of “Hold” and a consensus price target of $117.36.

Estée Lauder Companies Trading Down 1.0 %

Shares of NYSE EL opened at $90.04 on Friday. The Estée Lauder Companies Inc. has a fifty-two week low of $82.39 and a fifty-two week high of $159.75. The company has a debt-to-equity ratio of 1.37, a quick ratio of 1.01 and a current ratio of 1.39. The company has a market cap of $32.29 billion, a price-to-earnings ratio of 50.58, a PEG ratio of 1.58 and a beta of 1.01. The business’s 50 day moving average price is $91.68 and its 200-day moving average price is $110.64.

Estée Lauder Companies (NYSE:EL) last released its earnings results on Monday, August 19th. The company reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.39. The business had revenue of $3.87 billion during the quarter, compared to the consensus estimate of $3.80 billion. Estée Lauder Companies had a return on equity of 16.91% and a net margin of 2.50%. The business’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same period last year, the company earned $0.07 earnings per share. On average, sell-side analysts expect that The Estée Lauder Companies Inc. will post 2.97 earnings per share for the current year.

Estée Lauder Companies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 16th. Shareholders of record on Friday, August 30th were paid a $0.66 dividend. The ex-dividend date of this dividend was Friday, August 30th. This represents a $2.64 dividend on an annualized basis and a yield of 2.93%. Estée Lauder Companies’s dividend payout ratio is currently 148.31%.

Insider Transactions at Estée Lauder Companies

In other Estée Lauder Companies news, Director Charlene Barshefsky sold 3,437 shares of Estée Lauder Companies stock in a transaction on Tuesday, August 27th. The stock was sold at an average price of $91.93, for a total transaction of $315,963.41. Following the completion of the sale, the director now directly owns 49,800 shares of the company’s stock, valued at $4,578,114. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In other news, Director Lynn Forester sold 3,890 shares of the stock in a transaction that occurred on Friday, August 23rd. The shares were sold at an average price of $93.61, for a total transaction of $364,142.90. Following the transaction, the director now directly owns 15,209 shares in the company, valued at approximately $1,423,714.49. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Charlene Barshefsky sold 3,437 shares of the business’s stock in a transaction that occurred on Tuesday, August 27th. The stock was sold at an average price of $91.93, for a total transaction of $315,963.41. Following the completion of the transaction, the director now directly owns 49,800 shares of the company’s stock, valued at $4,578,114. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 12.77% of the company’s stock.

About Estée Lauder Companies

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.