Kestra Private Wealth Services LLC Buys 196 Shares of The Estée Lauder Companies Inc. (NYSE:EL)

Kestra Private Wealth Services LLC raised its holdings in The Estée Lauder Companies Inc. (NYSE:ELFree Report) by 8.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,640 shares of the company’s stock after buying an additional 196 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Estée Lauder Companies were worth $382,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Keybank National Association OH boosted its stake in shares of Estée Lauder Companies by 11.3% during the 3rd quarter. Keybank National Association OH now owns 4,507 shares of the company’s stock valued at $651,000 after purchasing an additional 458 shares in the last quarter. Kingsview Wealth Management LLC bought a new stake in Estée Lauder Companies during the 3rd quarter valued at approximately $242,000. Qsemble Capital Management LP purchased a new position in shares of Estée Lauder Companies during the 3rd quarter worth approximately $1,359,000. Great Lakes Advisors LLC raised its position in shares of Estée Lauder Companies by 393.6% in the 3rd quarter. Great Lakes Advisors LLC now owns 11,003 shares of the company’s stock worth $1,590,000 after acquiring an additional 8,774 shares in the last quarter. Finally, Zevin Asset Management LLC purchased a new position in shares of Estée Lauder Companies in the 3rd quarter valued at approximately $5,970,000. 55.15% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. Telsey Advisory Group lifted their price objective on Estée Lauder Companies from $115.00 to $155.00 and gave the company a “market perform” rating in a research note on Tuesday. StockNews.com upgraded shares of Estée Lauder Companies from a “sell” rating to a “hold” rating in a research note on Tuesday. Deutsche Bank Aktiengesellschaft lowered shares of Estée Lauder Companies from a “buy” rating to a “hold” rating and set a $146.00 price objective for the company. in a research note on Tuesday, January 2nd. DA Davidson upped their target price on shares of Estée Lauder Companies from $146.00 to $163.00 and gave the stock a “buy” rating in a research note on Wednesday, November 29th. Finally, Morgan Stanley reduced their price target on shares of Estée Lauder Companies from $200.00 to $134.00 and set an “overweight” rating for the company in a research report on Thursday, November 2nd. Seventeen research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $173.35.

Check Out Our Latest Stock Report on Estée Lauder Companies

Estée Lauder Companies Stock Performance

EL opened at $140.77 on Friday. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.97 and a current ratio of 1.36. The stock has a market capitalization of $50.37 billion, a price-to-earnings ratio of 108.29, a PEG ratio of 4.23 and a beta of 1.07. The company has a fifty day moving average of $137.82 and a 200 day moving average of $142.65. The Estée Lauder Companies Inc. has a fifty-two week low of $102.22 and a fifty-two week high of $262.81.

Estée Lauder Companies (NYSE:ELGet Free Report) last announced its quarterly earnings results on Monday, February 5th. The company reported $0.88 EPS for the quarter, beating analysts’ consensus estimates of $0.55 by $0.33. Estée Lauder Companies had a return on equity of 9.78% and a net margin of 3.08%. The company had revenue of $4.28 billion during the quarter, compared to analyst estimates of $4.19 billion. During the same period in the prior year, the company earned $1.54 earnings per share. The firm’s revenue was down 7.4% on a year-over-year basis. As a group, sell-side analysts forecast that The Estée Lauder Companies Inc. will post 2.25 earnings per share for the current fiscal year.

Estée Lauder Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 15th. Investors of record on Thursday, February 29th will be issued a $0.66 dividend. This represents a $2.64 dividend on an annualized basis and a dividend yield of 1.88%. The ex-dividend date of this dividend is Wednesday, February 28th. Estée Lauder Companies’s payout ratio is 203.08%.

Estée Lauder Companies Profile

(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.

Featured Articles

Want to see what other hedge funds are holding EL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Estée Lauder Companies Inc. (NYSE:ELFree Report).

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

Receive News & Ratings for Estée Lauder Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Estée Lauder Companies and related companies with MarketBeat.com's FREE daily email newsletter.