The Estée Lauder Companies Inc. (NYSE:EL) Shares Sold by HB Wealth Management LLC

HB Wealth Management LLC cut its position in shares of The Estée Lauder Companies Inc. (NYSE:EL) by 4.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 3,114 shares of the company’s stock after selling 156 shares during the quarter. HB Wealth Management LLC’s holdings in Estée Lauder Companies were worth $455,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Arlington Trust Co LLC acquired a new stake in Estée Lauder Companies during the third quarter valued at approximately $32,000. Chilton Capital Management LLC acquired a new stake in shares of Estée Lauder Companies during the 1st quarter valued at $37,000. Cornerstone Planning Group LLC acquired a new stake in shares of Estée Lauder Companies during the 2nd quarter valued at $39,000. Exchange Traded Concepts LLC boosted its stake in shares of Estée Lauder Companies by 1,900.0% during the 3rd quarter. Exchange Traded Concepts LLC now owns 280 shares of the company’s stock worth $40,000 after acquiring an additional 266 shares in the last quarter. Finally, Sunbelt Securities Inc. grew its holdings in shares of Estée Lauder Companies by 82.2% in the 3rd quarter. Sunbelt Securities Inc. now owns 277 shares of the company’s stock worth $40,000 after acquiring an additional 125 shares during the last quarter. Institutional investors own 55.15% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the company. The Goldman Sachs Group started coverage on Estée Lauder Companies in a research report on Friday, March 1st. They issued a “neutral” rating and a $145.00 price target for the company. DA Davidson reissued a “buy” rating and issued a $179.00 target price on shares of Estée Lauder Companies in a research report on Wednesday, February 28th. Raymond James upped their price target on shares of Estée Lauder Companies from $150.00 to $175.00 and gave the company a “strong-buy” rating in a research report on Tuesday, February 6th. 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. Finally, Wells Fargo & Company boosted their target price on shares of Estée Lauder Companies from $155.00 to $175.00 and gave the company an “overweight” rating in a research note on Tuesday, February 6th. One analyst has rated the stock with a sell rating, seventeen have assigned a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $164.71.

Estée Lauder Companies Trading Up 4.1 %

NYSE:EL opened at $145.05 on Thursday. The company’s 50 day moving average is $142.46 and its 200-day moving average is $138.30. The company has a quick ratio of 0.96, a current ratio of 1.36 and a debt-to-equity ratio of 1.16. The Estée Lauder Companies Inc. has a 12 month low of $102.22 and a 12 month high of $260.46. The firm has a market cap of $52.00 billion, a price-to-earnings ratio of 111.58, a P/E/G ratio of 3.81 and a beta of 1.07.

Estée Lauder Companies (NYSE:EL) last announced its earnings results on Monday, February 5th. The company reported $0.88 EPS for the quarter, topping the consensus estimate of $0.55 by $0.33. The firm had revenue of $4.28 billion for the quarter, compared to the consensus estimate of $4.19 billion. Estée Lauder Companies had a net margin of 3.08% and a return on equity of 9.78%. The business’s quarterly revenue was down 7.4% on a year-over-year basis. During the same quarter last year, the firm posted $1.54 EPS. Equities analysts anticipate that The Estée Lauder Companies Inc. will post 2.23 EPS for the current year.

Estée Lauder Companies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Thursday, February 29th were paid a dividend of $0.66 per share. The ex-dividend date was Wednesday, February 28th. This represents a $2.64 annualized dividend and a yield of 1.82%. Estée Lauder Companies’s payout ratio is 203.08%.

Estée Lauder Companies Company 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.