The Estée Lauder Companies Inc. (NYSE:EL) Shares Bought by Integrated Advisors Network LLC

Integrated Advisors Network LLC grew its stake in shares of The Estée Lauder Companies Inc. (NYSE:EL) by 7.2% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 2,019 shares of the company’s stock after acquiring an additional 135 shares during the period. Integrated Advisors Network LLC’s holdings in Estée Lauder Companies were worth $295,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the business. Teachers Retirement System of The State of Kentucky lifted its holdings in shares of Estée Lauder Companies by 113.7% in the fourth quarter. Teachers Retirement System of The State of Kentucky now owns 156,583 shares of the company’s stock valued at $22,900,000 after purchasing an additional 83,320 shares in the last quarter. Chicago Partners Investment Group LLC purchased a new stake in shares of Estée Lauder Companies in the fourth quarter valued at $266,000. V Square Quantitative Management LLC lifted its holdings in shares of Estée Lauder Companies by 150.5% in the fourth quarter. V Square Quantitative Management LLC now owns 3,397 shares of the company’s stock valued at $497,000 after purchasing an additional 2,041 shares in the last quarter. GLOBALT Investments LLC GA purchased a new stake in shares of Estée Lauder Companies in the fourth quarter valued at $1,037,000. Finally, Winslow Asset Management Inc. increased its stake in shares of Estée Lauder Companies by 7.6% in the fourth quarter. Winslow Asset Management Inc. now owns 53,154 shares of the company’s stock worth $7,774,000 after acquiring an additional 3,745 shares during the last quarter. Hedge funds and other institutional investors own 55.15% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on EL. Bernstein Bank upped their price target on shares of Estée Lauder Companies from $155.00 to $160.00 in a research note on Wednesday, May 1st. DA Davidson reaffirmed a “buy” rating and issued a $191.00 price target on shares of Estée Lauder Companies in a research note on Monday, April 22nd. JPMorgan Chase & Co. dropped their price target on shares of Estée Lauder Companies from $169.00 to $145.00 and set an “overweight” rating on the stock in a research note on Thursday, May 2nd. Citigroup raised shares of Estée Lauder Companies from a “neutral” rating to a “buy” rating and upped their price target for the stock from $160.00 to $175.00 in a research note on Tuesday, April 2nd. Finally, Barclays dropped their price target on shares of Estée Lauder Companies from $140.00 to $136.00 and set an “equal weight” rating on the stock in a research note on Friday, June 14th. Sixteen investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Estée Lauder Companies has a consensus rating of “Hold” and an average target price of $160.75.

Insiders Place Their Bets

In other news, EVP Jane Lauder sold 14,976 shares of the stock in a transaction on Thursday, May 30th. The shares were sold at an average price of $121.26, for a total transaction of $1,815,989.76. Following the completion of the sale, the executive vice president now owns 57,389 shares of the company’s stock, valued at $6,958,990.14. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, EVP Jane Lauder sold 14,976 shares of the firm’s stock in a transaction on 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 owns 57,389 shares of the company’s stock, valued at $6,958,990.14. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CFO Tracey Thomas Travis sold 14,493 shares of the firm’s stock in a transaction 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 transaction, the chief financial officer now directly owns 47,248 shares of the company’s stock, valued at approximately $6,412,971.04. The disclosure for this sale can be found here. Over 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

Shares of EL stock opened at $110.75 on Wednesday. The Estée Lauder Companies Inc. has a 1 year low of $102.22 and a 1 year high of $201.56. The firm’s 50 day moving average is $131.40 and its 200-day moving average is $138.53. The firm has a market capitalization of $39.71 billion, a price-to-earnings ratio of 62.22, a PEG ratio of 3.47 and a beta of 1.04. The company has a current ratio of 1.58, a quick ratio of 1.15 and a debt-to-equity ratio of 1.26.

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

Estée Lauder Companies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 17th. Shareholders of record on Friday, May 31st were issued a $0.66 dividend. The ex-dividend date of this dividend was Friday, May 31st. This represents a $2.64 annualized dividend and a yield of 2.38%. Estée Lauder Companies’s dividend payout ratio (DPR) is presently 148.32%.

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, nail polishes, and powders, as well as compacts, brushes, and other makeup tools.