The Estée Lauder Companies Inc. (NYSE:EL) Holdings Increased by National Bank of Canada FI

National Bank of Canada FI increased its position in The Estée Lauder Companies Inc. (NYSE:EL) by 47.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 103,476 shares of the company’s stock after buying an additional 33,459 shares during the quarter. National Bank of Canada FI’s holdings in Estée Lauder Companies were worth $15,951,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Rakuten Securities Inc. acquired a new position in Estée Lauder Companies in the 4th quarter worth approximately $26,000. Riverview Trust Co acquired a new stake in Estée Lauder Companies in the 1st quarter worth approximately $26,000. Hexagon Capital Partners LLC boosted its holdings in shares of Estée Lauder Companies by 103.1% during the 1st quarter. Hexagon Capital Partners LLC now owns 195 shares of the company’s stock worth $30,000 after buying an additional 99 shares during the period. ICA Group Wealth Management LLC bought a new stake in Estée Lauder Companies during the fourth quarter valued at about $41,000. Finally, Larson Financial Group LLC boosted its stake in Estée Lauder Companies by 3,262.5% during the 1st quarter. Larson Financial Group LLC now owns 269 shares of the company’s stock valued at $41,000 after purchasing an additional 261 shares during the period. 55.15% of the stock is owned by institutional investors and hedge funds.

Estée Lauder Companies Stock Down 0.2 %

EL traded down $0.16 during trading hours on Wednesday, hitting $99.80. 2,467,167 shares of the company’s stock were exchanged, compared to its average volume of 2,830,141. The stock’s 50-day moving average is $114.04 and its two-hundred day moving average is $132.01. The company has a quick ratio of 1.15, a current ratio of 1.58 and a debt-to-equity ratio of 1.26. The Estée Lauder Companies Inc. has a 1-year low of $95.87 and a 1-year high of $183.20. The stock has a market cap of $35.78 billion, a price-to-earnings ratio of 56.07, a PEG ratio of 1.85 and a beta of 0.99.

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, topping 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 company had revenue of $3.94 billion for the quarter, compared to analysts’ expectations of $3.92 billion. During the same quarter in the prior year, the business posted $0.47 EPS. The business’s revenue was up 5.0% compared to the same quarter last year. Sell-side analysts predict that The Estée Lauder Companies Inc. will post 2.21 earnings per share for the current fiscal year.

Estée Lauder Companies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 17th. Stockholders of record on Friday, May 31st were paid a dividend of $0.66 per share. The ex-dividend date of this dividend was Friday, May 31st. This represents a $2.64 annualized dividend and a dividend yield of 2.65%. Estée Lauder Companies’s dividend payout ratio is currently 148.32%.

Insiders Place Their Bets

In other news, insider Peter Jueptner sold 12,786 shares of the company’s stock in a transaction that occurred on Wednesday, May 22nd. The stock was sold at an average price of $130.62, for a total value of $1,670,107.32. Following the transaction, the insider now owns 5,578 shares of the company’s stock, valued at $728,598.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In related news, CFO Tracey Thomas Travis sold 14,493 shares of the company’s stock in a transaction dated 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 sale, the chief financial officer now owns 47,248 shares of the company’s stock, valued at $6,412,971.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Peter Jueptner sold 12,786 shares of the stock in a transaction that occurred on Wednesday, May 22nd. The stock was sold at an average price of $130.62, for a total transaction of $1,670,107.32. Following 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 sold a total of 42,255 shares of company stock valued at $5,453,232 over the last ninety days. 12.77% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on EL shares. Deutsche Bank Aktiengesellschaft decreased their target price on Estée Lauder Companies from $160.00 to $159.00 in a research report on Wednesday, May 1st. Bank of America decreased their price objective on shares of Estée Lauder Companies from $170.00 to $140.00 and set a “buy” rating on the stock in a research note on Wednesday, July 10th. Barclays lowered their target price on Estée Lauder Companies from $136.00 to $117.00 and set an “equal weight” rating for the company in a research note on Friday, July 19th. StockNews.com raised shares of Estée Lauder Companies from a “sell” rating to a “hold” rating in a report on Thursday, May 2nd. Finally, UBS Group raised Estée Lauder Companies to a “hold” rating in a report on Friday, July 12th. Sixteen equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $149.63.

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.