Cooper Financial Group Has $636,000 Stock Holdings in The Estée Lauder Companies Inc. (NYSE:EL)

Cooper Financial Group lifted its holdings in shares of The Estée Lauder Companies Inc. (NYSE:EL) by 65.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,129 shares of the company’s stock after buying an additional 1,629 shares during the period. Cooper Financial Group’s holdings in Estée Lauder Companies were worth $636,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Rakuten Securities Inc. acquired a new stake in Estée Lauder Companies in the 4th quarter valued at about $26,000. Sunbelt Securities Inc. lifted its stake in Estée Lauder Companies by 82.2% in the 3rd quarter. Sunbelt Securities Inc. now owns 277 shares of the company’s stock valued at $40,000 after purchasing an additional 125 shares during the last quarter. ICA Group Wealth Management LLC acquired a new stake in Estée Lauder Companies in the 4th quarter valued at about $41,000. Northwest Financial Advisors acquired a new stake in Estée Lauder Companies in the 4th quarter valued at about $44,000. Finally, MeadowBrook Investment Advisors LLC acquired a new stake in Estée Lauder Companies in the 4th quarter valued at about $50,000. 55.15% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages recently issued reports on EL. DA Davidson reiterated a “buy” rating and issued a $191.00 target price on shares of Estée Lauder Companies in a research note on Monday, April 22nd. Bernstein Bank increased their price target on shares of Estée Lauder Companies from $155.00 to $160.00 in a report on Wednesday, May 1st. Barclays lowered 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 report on Friday, June 14th. Telsey Advisory Group reissued a “market perform” rating and issued a $155.00 price target on shares of Estée Lauder Companies in a report on Wednesday, May 1st. Finally, Citigroup raised shares of Estée Lauder Companies from a “neutral” rating to a “buy” rating and increased their price target for the company from $160.00 to $175.00 in a report on Tuesday, April 2nd. Sixteen investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $160.75.

Estée Lauder Companies Stock Performance

Shares of NYSE:EL opened at $113.95 on Monday. The company’s 50 day simple moving average is $129.57 and its 200 day simple moving average is $138.06. The stock has a market capitalization of $40.86 billion, a price-to-earnings ratio of 63.96, a price-to-earnings-growth ratio of 3.43 and a beta of 1.04. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.58 and a quick ratio of 1.15. The Estée Lauder Companies Inc. has a 1 year low of $102.22 and a 1 year high of $198.86.

Estée Lauder Companies (NYSE:EL) last announced its quarterly earnings data on Wednesday, May 1st. The company reported $0.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.48 by $0.49. The business had revenue of $3.94 billion for the quarter, compared to analysts’ expectations of $3.92 billion. Estée Lauder Companies had a net margin of 4.18% and a return on equity of 13.08%. The firm’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same period last year, the firm posted $0.47 earnings per share. As a group, research analysts predict that The Estée Lauder Companies Inc. will post 2.22 EPS for the current fiscal year.

Estée Lauder Companies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 17th. Shareholders of record on Friday, May 31st were given a $0.66 dividend. The ex-dividend date was Friday, May 31st. This represents a $2.64 dividend on an annualized basis and a yield of 2.32%. Estée Lauder Companies’s dividend payout ratio is currently 148.32%.

Insider Buying and Selling at Estée Lauder Companies

In other Estée Lauder Companies news, CFO Tracey Thomas Travis sold 14,493 shares of the firm’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 value of $1,967,134.89. Following the sale, the chief financial officer now owns 47,248 shares in the company, valued at $6,412,971.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other Estée Lauder Companies news, CFO Tracey Thomas Travis sold 14,493 shares of the firm’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 value of $1,967,134.89. Following the sale, the chief financial officer now owns 47,248 shares in the company, valued at $6,412,971.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Peter Jueptner sold 12,786 shares of the firm’s stock in a transaction that occurred on Wednesday, May 22nd. The shares were sold at an average price of $130.62, for a total transaction of $1,670,107.32. Following the completion of the sale, the insider now owns 5,578 shares in the company, valued at approximately $728,598.36. The disclosure for this sale can be found here. Insiders have sold 42,255 shares of company stock worth $5,453,232 over the last quarter. Corporate insiders own 12.77% of the company’s stock.

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.