Natixis Advisors L.P. Has $54.76 Million Holdings in The Estée Lauder Companies Inc. (NYSE:EL)

Natixis Advisors L.P. raised its stake in The Estée Lauder Companies Inc. (NYSE:EL) by 125.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 374,440 shares of the company’s stock after purchasing an additional 208,395 shares during the period. Natixis Advisors L.P. owned approximately 0.10% of Estée Lauder Companies worth $54,761,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Rakuten Securities Inc. acquired a new stake in Estée Lauder Companies during the fourth quarter worth $26,000. Exchange Traded Concepts LLC raised its position in Estée Lauder Companies by 1,900.0% in the third quarter. Exchange Traded Concepts LLC now owns 280 shares of the company’s stock worth $40,000 after purchasing an additional 266 shares in the last quarter. Sunbelt Securities Inc. lifted its stake in Estée Lauder Companies by 82.2% during the third quarter. Sunbelt Securities Inc. now owns 277 shares of the company’s stock worth $40,000 after purchasing an additional 125 shares during the period. Headinvest LLC acquired a new stake in Estée Lauder Companies during the third quarter valued at approximately $55,000. Finally, CVA Family Office LLC bought a new stake in shares of Estée Lauder Companies in the 4th quarter valued at approximately $61,000. 55.15% of the stock is currently owned by institutional investors and hedge funds.

Estée Lauder Companies Stock Performance

NYSE EL traded down $2.00 on Friday, reaching $132.94. The stock had a trading volume of 3,791,987 shares, compared to its average volume of 2,776,756. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.58 and a quick ratio of 0.96. The firm has a fifty day moving average of $146.22 and a two-hundred day moving average of $138.23. The Estée Lauder Companies Inc. has a 1-year low of $102.22 and a 1-year high of $209.64. The company has a market cap of $47.66 billion, a P/E ratio of 74.69, a price-to-earnings-growth ratio of 3.56 and a beta of 1.07.

Estée Lauder Companies (NYSE:EL) last issued its quarterly earnings data on Wednesday, May 1st. The company reported $0.97 EPS for the quarter, beating analysts’ consensus estimates of $0.48 by $0.49. Estée Lauder Companies had a return on equity of 13.08% and a net margin of 4.18%. The firm 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 firm posted $0.47 EPS. The company’s revenue for the quarter was up 5.0% on a year-over-year basis. On average, equities research analysts anticipate that The Estée Lauder Companies Inc. will post 2.22 EPS for the current year.

Estée Lauder Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 17th. Shareholders of record on Friday, May 31st will be issued a $0.66 dividend. This represents a $2.64 dividend on an annualized basis and a yield of 1.99%. The ex-dividend date is Thursday, May 30th. Estée Lauder Companies’s dividend payout ratio is 148.31%.

Wall Street Analyst Weigh In

EL has been the topic of several recent analyst reports. 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. Canaccord Genuity Group reduced their target price on shares of Estée Lauder Companies from $140.00 to $131.00 and set a “hold” rating on the stock in a research note on Thursday. JPMorgan Chase & Co. dropped their target price on shares of Estée Lauder Companies from $169.00 to $145.00 and set an “overweight” rating for the company in a research report on Thursday. StockNews.com upgraded shares of Estée Lauder Companies from a “sell” rating to a “hold” rating in a research report on Thursday. Finally, Bank of America raised shares of Estée Lauder Companies from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $160.00 to $170.00 in a report on Thursday, March 28th. Seventeen analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Estée Lauder Companies presently has an average rating of “Hold” and an average target price of $160.92.

Estée Lauder Companies 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.