&Partners Has $381,000 Stock Holdings in The Estée Lauder Companies Inc. (NYSE:EL)

&Partners boosted its position in shares of The Estée Lauder Companies Inc. (NYSE:EL) by 164.5% in the second quarter, Holdings Channel reports. The firm owned 3,574 shares of the company’s stock after purchasing an additional 2,223 shares during the period. &Partners’ holdings in Estée Lauder Companies were worth $381,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in shares of Estée Lauder Companies by 6.4% during the 1st quarter. Vanguard Group Inc. now owns 20,686,550 shares of the company’s stock valued at $3,188,832,000 after purchasing an additional 1,250,555 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in shares of Estée Lauder Companies by 13.6% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 4,151,580 shares of the company’s stock valued at $607,169,000 after buying an additional 496,308 shares during the period. Norges Bank bought a new stake in shares of Estée Lauder Companies during the fourth quarter worth $518,975,000. Clearbridge Investments LLC raised its holdings in shares of Estée Lauder Companies by 4.6% during the first quarter. Clearbridge Investments LLC now owns 3,163,232 shares of the company’s stock worth $487,612,000 after acquiring an additional 140,416 shares during the period. Finally, Van ECK Associates Corp lifted its position in Estée Lauder Companies by 18.2% in the 1st quarter. Van ECK Associates Corp now owns 2,644,728 shares of the company’s stock valued at $407,685,000 after acquiring an additional 406,753 shares in the last quarter. Institutional investors own 55.15% of the company’s stock.

Insider Buying and Selling at Estée Lauder Companies

In related news, EVP Jane Lauder sold 14,976 shares of Estée Lauder Companies stock in a transaction that occurred on Thursday, May 30th. The stock was 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 directly owns 57,389 shares of the company’s stock, valued at approximately $6,958,990.14. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 12.77% of the company’s stock.

Estée Lauder Companies Stock Performance

Shares of NYSE EL opened at $93.70 on Friday. The company has a current ratio of 1.58, a quick ratio of 1.15 and a debt-to-equity ratio of 1.26. The company has a market capitalization of $33.60 billion, a P/E ratio of 52.64, a P/E/G ratio of 1.79 and a beta of 0.99. The Estée Lauder Companies Inc. has a 12 month low of $86.05 and a 12 month high of $165.76. The stock has a 50 day moving average of $100.83 and a 200-day moving average of $125.95.

Estée Lauder Companies (NYSE:EL) last released its quarterly earnings data on Monday, August 19th. The company reported $0.64 EPS for the quarter, topping analysts’ consensus estimates of $0.25 by $0.39. Estée Lauder Companies had a net margin of 4.18% and a return on equity of 13.08%. The firm had revenue of $3.87 billion during the quarter, compared to analysts’ expectations of $3.80 billion. During the same period in the previous year, the business posted $0.07 earnings per share. The company’s revenue for the quarter was up 7.3% compared to the same quarter last year. As a group, equities research analysts predict that The Estée Lauder Companies Inc. will post 2.21 EPS for the current year.

Estée Lauder Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 16th. Investors of record on Friday, August 30th will be paid a $0.66 dividend. The ex-dividend date is Friday, August 30th. This represents a $2.64 dividend on an annualized basis and a yield of 2.82%. Estée Lauder Companies’s dividend payout ratio (DPR) is currently 148.31%.

Wall Street Analyst Weigh In

EL has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft dropped their price target on Estée Lauder Companies from $108.00 to $105.00 and set a “hold” rating on the stock in a research note on Tuesday, August 20th. Stifel Nicolaus cut their target price on Estée Lauder Companies from $165.00 to $125.00 and set a “buy” rating on the stock in a research note on Tuesday, August 20th. Citigroup decreased their price target on shares of Estée Lauder Companies from $110.00 to $105.00 and set a “buy” rating for the company in a research note on Tuesday, August 20th. Bank of America lowered shares of Estée Lauder Companies from a “buy” rating to a “neutral” rating and cut their price objective for the stock from $140.00 to $100.00 in a research report on Friday, August 16th. Finally, StockNews.com raised shares of Estée Lauder Companies from a “hold” rating to a “buy” rating in a research report on Friday. Thirteen investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $122.77.

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.