Stonehage Fleming Financial Services Holdings Ltd Raises Holdings in The Estée Lauder Companies Inc. (NYSE:EL)

Stonehage Fleming Financial Services Holdings Ltd raised its holdings in shares of The Estée Lauder Companies Inc. (NYSE:ELFree Report) by 97.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 202,026 shares of the company’s stock after purchasing an additional 99,732 shares during the period. Estée Lauder Companies makes up about 2.1% of Stonehage Fleming Financial Services Holdings Ltd’s investment portfolio, making the stock its 20th largest holding. Stonehage Fleming Financial Services Holdings Ltd owned 0.06% of Estée Lauder Companies worth $29,546,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Rakuten Securities Inc. purchased a new stake in Estée Lauder Companies during the 4th quarter valued at $26,000. Sunbelt Securities Inc. lifted its holdings in shares of Estée Lauder Companies by 82.2% during the 3rd quarter. Sunbelt Securities Inc. now owns 277 shares of the company’s stock valued at $40,000 after buying an additional 125 shares during the period. Northwest Financial Advisors bought a new position in shares of Estée Lauder Companies during the 4th quarter valued at $44,000. MeadowBrook Investment Advisors LLC bought a new position in shares of Estée Lauder Companies during the 4th quarter valued at $50,000. Finally, Headinvest LLC bought a new position in shares of Estée Lauder Companies during the 3rd quarter valued at $55,000. 55.15% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Estée Lauder Companies news, insider Peter Jueptner sold 12,786 shares of the company’s stock in a transaction on Wednesday, May 22nd. The shares were sold at an average price of $130.62, for a total value of $1,670,107.32. Following the sale, the insider now directly owns 5,578 shares of the company’s stock, valued at $728,598.36. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In other Estée Lauder Companies news, insider Peter Jueptner sold 12,786 shares of the company’s stock in a transaction dated Wednesday, May 22nd. The shares were sold at an average price of $130.62, for a total value of $1,670,107.32. Following the completion of the transaction, the insider now owns 5,578 shares in the company, valued at $728,598.36. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Jane Lauder sold 14,976 shares of the company’s stock in a transaction dated Thursday, May 30th. The stock was sold at an average price of $121.26, for a total transaction of $1,815,989.76. Following the completion of the transaction, the executive vice president now owns 57,389 shares of the company’s stock, valued at approximately $6,958,990.14. The disclosure for this sale can be found here. Insiders have sold 42,255 shares of company stock valued at $5,453,232 over the last ninety days. 12.77% of the stock is currently owned by insiders.

Estée Lauder Companies Trading Down 2.5 %

Shares of Estée Lauder Companies stock traded down $3.04 on Friday, hitting $120.47. 2,187,014 shares of the company traded hands, compared to its average volume of 2,528,238. The stock’s 50 day moving average price is $136.00 and its 200-day moving average price is $138.82. The company has a current ratio of 1.58, a quick ratio of 1.15 and a debt-to-equity ratio of 1.26. The Estée Lauder Companies Inc. has a 52 week low of $102.22 and a 52 week high of $204.41. The company has a market cap of $43.20 billion, a PE ratio of 67.71, a PEG ratio of 3.38 and a beta of 1.04.

Estée Lauder Companies (NYSE:ELGet Free Report) last released its quarterly earnings results on Wednesday, May 1st. The company reported $0.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.49. The business had revenue of $3.94 billion for the quarter, compared to analyst estimates of $3.92 billion. Estée Lauder Companies had a net margin of 4.18% and a return on equity of 13.08%. The business’s revenue for the quarter was up 5.0% on a year-over-year basis. During the same period in the previous year, the company earned $0.47 earnings per share. Equities research analysts predict that The Estée Lauder Companies Inc. will post 2.22 EPS for the current year.

Estée Lauder Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 17th. Stockholders of record on Friday, May 31st will be issued a dividend of $0.66 per share. This represents a $2.64 dividend on an annualized basis and a dividend yield of 2.19%. The ex-dividend date is Friday, May 31st. Estée Lauder Companies’s dividend payout ratio (DPR) is presently 148.32%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on EL. Bernstein Bank increased their price target on Estée Lauder Companies from $155.00 to $160.00 in a report on Wednesday, May 1st. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $155.00 target price on shares of Estée Lauder Companies in a report on Wednesday, May 1st. StockNews.com raised Estée Lauder Companies from a “sell” rating to a “hold” rating in a report on Thursday, May 2nd. Morgan Stanley cut Estée Lauder Companies from an “overweight” rating to an “equal weight” rating and decreased their target price for the stock from $164.00 to $140.00 in a report on Friday, May 3rd. Finally, Oppenheimer reaffirmed a “market perform” rating on shares of Estée Lauder Companies in a report on Monday, April 15th. Sixteen equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Estée Lauder Companies has an average rating of “Hold” and a consensus target price of $160.92.

Read Our Latest Report on EL

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.

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

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