1,552 Shares in The Estée Lauder Companies Inc. (NYSE:EL) Acquired by Lake Street Advisors Group LLC

Lake Street Advisors Group LLC purchased a new position in shares of The Estée Lauder Companies Inc. (NYSE:EL) in the first quarter, according to its most recent disclosure with the SEC. The firm purchased 1,552 shares of the company’s stock, valued at approximately $239,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in EL. Wetzel Investment Advisors Inc. grew its position in shares of Estée Lauder Companies by 8.3% in the first quarter. Wetzel Investment Advisors Inc. now owns 885 shares of the company’s stock valued at $128,000 after purchasing an additional 68 shares during the last quarter. Tradewinds Capital Management LLC boosted its holdings in Estée Lauder Companies by 34.1% in the 1st quarter. Tradewinds Capital Management LLC now owns 295 shares of the company’s stock valued at $45,000 after purchasing an additional 75 shares during the period. Cullen Frost Bankers Inc. increased its holdings in shares of Estée Lauder Companies by 0.5% during the 4th quarter. Cullen Frost Bankers Inc. now owns 16,682 shares of the company’s stock worth $2,440,000 after purchasing an additional 76 shares during the period. Haverford Trust Co increased its holdings in shares of Estée Lauder Companies by 2.3% during the 1st quarter. Haverford Trust Co now owns 3,409 shares of the company’s stock worth $525,000 after purchasing an additional 78 shares during the period. Finally, Massmutual Trust Co. FSB ADV raised its position in shares of Estée Lauder Companies by 25.6% during the first quarter. Massmutual Trust Co. FSB ADV now owns 402 shares of the company’s stock valued at $62,000 after buying an additional 82 shares during the last quarter. Institutional investors own 55.15% of the company’s stock.

Insider Buying and Selling at Estée Lauder Companies

In related news, CFO Tracey Thomas Travis sold 14,493 shares of the business’s stock in a transaction that occurred on Wednesday, May 15th. The shares were sold at an average price of $135.73, for a total transaction of $1,967,134.89. Following the completion of the sale, the chief financial officer now directly owns 47,248 shares of the company’s stock, valued at $6,412,971.04. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In related news, CFO Tracey Thomas Travis sold 14,493 shares of the company’s stock in a transaction dated Wednesday, May 15th. The stock was sold at an average price of $135.73, for a total value of $1,967,134.89. Following the completion of the sale, the chief financial officer now owns 47,248 shares in the company, valued at $6,412,971.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Jane Lauder sold 14,976 shares of the stock in a transaction dated Thursday, May 30th. The shares were sold at an average price of $121.26, for a total value of $1,815,989.76. Following the completion of the transaction, the executive vice president now directly owns 57,389 shares in the company, valued at approximately $6,958,990.14. The disclosure for this sale can be found here. In the last three months, insiders have sold 42,255 shares of company stock worth $5,453,232. Company insiders own 12.77% of the company’s stock.

Estée Lauder Companies Price Performance

NYSE:EL traded up $1.03 during mid-day trading on Thursday, reaching $100.83. 1,226,510 shares of the company were exchanged, compared to its average volume of 2,818,859. The company has a quick ratio of 1.15, a current ratio of 1.58 and a debt-to-equity ratio of 1.26. The stock has a market cap of $36.15 billion, a PE ratio of 56.65, a PEG ratio of 1.83 and a beta of 0.99. The Estée Lauder Companies Inc. has a 12 month low of $95.87 and a 12 month high of $183.20. The company has a fifty day moving average of $114.04 and a 200 day moving average of $132.01.

Estée Lauder Companies (NYSE:EL) last announced its quarterly earnings data on Wednesday, May 1st. The company reported $0.97 EPS for the quarter, beating analysts’ consensus estimates of $0.48 by $0.49. The firm had revenue of $3.94 billion for the quarter, compared to analyst estimates of $3.92 billion. Estée Lauder Companies had a return on equity of 13.08% and a net margin of 4.18%. The business’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same period last year, the company earned $0.47 EPS. On average, research analysts anticipate that The Estée Lauder Companies Inc. will post 2.21 EPS for the current fiscal year.

Estée Lauder Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 17th. Shareholders of record on Friday, May 31st were issued a dividend of $0.66 per share. The ex-dividend date of this dividend was Friday, May 31st. This represents a $2.64 annualized dividend and a yield of 2.62%. Estée Lauder Companies’s dividend payout ratio is currently 148.32%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Oppenheimer reaffirmed a “market perform” rating on shares of Estée Lauder Companies in a report on Monday, April 15th. Raymond James cut Estée Lauder Companies from a “strong-buy” rating to a “market perform” rating in a research report on Monday. Canaccord Genuity Group reduced their target price on Estée Lauder Companies from $140.00 to $131.00 and set a “hold” rating for the company in a research report on Thursday, May 2nd. Bank of America lowered their price target on shares of Estée Lauder Companies from $170.00 to $140.00 and set a “buy” rating on the stock in a report on Wednesday, July 10th. Finally, The Goldman Sachs Group reduced their price objective on shares of Estée Lauder Companies from $130.00 to $115.00 and set a “neutral” rating for the company in a report on Wednesday, July 17th. Sixteen analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat.com, Estée Lauder Companies currently has an average rating of “Hold” and a consensus target price of $149.63.

Estée Lauder Companies Profile

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.