The Estée Lauder Companies Inc. (NYSE:EL) Shares Acquired by Winslow Asset Management Inc.

Winslow Asset Management Inc. increased its position in The Estée Lauder Companies Inc. (NYSE:EL) by 0.9% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 53,433 shares of the company’s stock after purchasing an additional 501 shares during the period. Winslow Asset Management Inc.’s holdings in Estée Lauder Companies were worth $5,327,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Rothschild Investment LLC acquired a new position in shares of Estée Lauder Companies in the 2nd quarter worth approximately $30,000. Ashton Thomas Securities LLC bought a new stake in Estée Lauder Companies during the third quarter valued at $31,000. PARK CIRCLE Co bought a new stake in Estée Lauder Companies during the second quarter valued at $32,000. Kimelman & Baird LLC bought a new position in shares of Estée Lauder Companies in the 2nd quarter worth about $32,000. Finally, Crewe Advisors LLC acquired a new position in shares of Estée Lauder Companies in the 1st quarter valued at about $35,000. 55.15% of the stock is owned by institutional investors.

Estée Lauder Companies Stock Performance

Shares of NYSE EL opened at $64.58 on Tuesday. The stock’s fifty day simple moving average is $86.83 and its 200 day simple moving average is $102.55. The stock has a market capitalization of $23.18 billion, a price-to-earnings ratio of 115.32, a PEG ratio of 3.86 and a beta of 1.05. The company has a quick ratio of 0.90, a current ratio of 1.32 and a debt-to-equity ratio of 1.44. The Estée Lauder Companies Inc. has a 52-week low of $62.88 and a 52-week high of $159.75.

Estée Lauder Companies (NYSE:EL) last released its quarterly earnings results on Thursday, October 31st. The company reported $0.14 earnings per share for the quarter, beating analysts’ consensus estimates of $0.09 by $0.05. The business had revenue of $3.36 billion during the quarter, compared to analyst estimates of $3.37 billion. Estée Lauder Companies had a return on equity of 17.31% and a net margin of 1.31%. Estée Lauder Companies’s revenue for the quarter was down 4.5% on a year-over-year basis. During the same quarter last year, the company posted $0.11 EPS. As a group, sell-side analysts forecast that The Estée Lauder Companies Inc. will post 1.59 earnings per share for the current fiscal year.

Estée Lauder Companies Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Friday, November 29th will be given a $0.35 dividend. The ex-dividend date is Friday, November 29th. This represents a $1.40 annualized dividend and a dividend yield of 2.17%. Estée Lauder Companies’s dividend payout ratio (DPR) is presently 471.43%.

Analyst Upgrades and Downgrades

EL has been the topic of several research reports. HSBC lowered shares of Estée Lauder Companies from a “buy” rating to a “hold” rating and set a $100.00 price objective on the stock. in a research note on Wednesday, October 16th. B. Riley reduced their price objective on Estée Lauder Companies from $95.00 to $70.00 and set a “neutral” rating for the company in a research report on Monday, November 4th. StockNews.com lowered Estée Lauder Companies from a “buy” rating to a “hold” rating in a research report on Tuesday, October 1st. Stifel Nicolaus downgraded shares of Estée Lauder Companies from a “buy” rating to a “hold” rating and set a $125.00 price target for the company. in a report on Thursday, October 31st. Finally, Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Estée Lauder Companies from $98.00 to $75.00 and set a “hold” rating on the stock in a report on Monday, November 4th. Nineteen analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $100.90.

Insider Buying and Selling

In other Estée Lauder Companies news, Director Charlene Barshefsky sold 3,437 shares of the business’s stock in a transaction on Tuesday, August 27th. The shares were sold at an average price of $91.93, for a total transaction of $315,963.41. Following the sale, the director now directly owns 49,800 shares of the company’s stock, valued at $4,578,114. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In related news, Director Charlene Barshefsky sold 3,437 shares of the firm’s stock in a transaction that occurred on Tuesday, August 27th. The shares were sold at an average price of $91.93, for a total transaction of $315,963.41. Following the completion of the sale, the director now directly owns 49,800 shares in the company, valued at approximately $4,578,114. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Lynn Forester sold 3,890 shares of the company’s stock in a transaction that occurred on Friday, August 23rd. The shares were sold at an average price of $93.61, for a total transaction of $364,142.90. Following the completion of the transaction, the director now owns 15,209 shares in the company, valued at approximately $1,423,714.49. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 18,296 shares of company stock valued at $1,423,366. Company insiders own 12.78% 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, and powders, as well as compacts, brushes, and other makeup tools.