Crewe Advisors LLC Invests $35,000 in The Estée Lauder Companies Inc. (NYSE:EL)

Crewe Advisors LLC purchased a new position in shares of The Estée Lauder Companies Inc. (NYSE:EL) during the first quarter, HoldingsChannel.com reports. The fund purchased 230 shares of the company’s stock, valued at approximately $35,000.

A number of other large investors have also made changes to their positions in EL. SG Americas Securities LLC increased its position in shares of Estée Lauder Companies by 3.5% during the fourth quarter. SG Americas Securities LLC now owns 12,531 shares of the company’s stock worth $1,833,000 after purchasing an additional 422 shares in the last quarter. CVA Family Office LLC acquired a new position in shares of Estée Lauder Companies during the fourth quarter worth $61,000. LGT Capital Partners LTD. increased its position in shares of Estée Lauder Companies by 14.9% during the fourth quarter. LGT Capital Partners LTD. now owns 1,088,926 shares of the company’s stock worth $159,255,000 after purchasing an additional 140,855 shares in the last quarter. Caprock Group LLC increased its position in shares of Estée Lauder Companies by 3.9% during the fourth quarter. Caprock Group LLC now owns 3,431 shares of the company’s stock worth $502,000 after purchasing an additional 129 shares in the last quarter. Finally, ICICI Prudential Asset Management Co Ltd increased its position in shares of Estée Lauder Companies by 12.8% during the fourth quarter. ICICI Prudential Asset Management Co Ltd now owns 70,797 shares of the company’s stock worth $10,354,000 after purchasing an additional 8,017 shares in the last quarter. 55.15% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on EL shares. Raymond James downgraded Estée Lauder Companies from a “strong-buy” rating to a “market perform” rating in a research report on Monday. UBS Group raised Estée Lauder Companies to a “hold” rating in a research report on Friday, July 12th. Royal Bank of Canada raised Estée Lauder Companies from a “sector perform” rating to an “outperform” rating and set a $131.00 target price on the stock in a research report on Wednesday. StockNews.com raised Estée Lauder Companies from a “sell” rating to a “hold” rating in a research report on Thursday, May 2nd. Finally, Telsey Advisory Group reissued a “market perform” rating and issued a $115.00 target price on shares of Estée Lauder Companies in a research report on Wednesday. Sixteen investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $149.63.

Estée Lauder Companies Price Performance

Shares of EL stock traded up $0.10 during mid-day trading on Thursday, hitting $99.90. 3,626,805 shares of the stock were exchanged, compared to its average volume of 2,835,883. The firm has a fifty day moving average of $113.27 and a 200 day moving average of $131.79. 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 52-week low of $95.87 and a 52-week high of $183.20. The company has a market cap of $35.82 billion, a PE ratio of 56.12, a price-to-earnings-growth ratio of 1.83 and a beta of 0.99.

Estée Lauder Companies (NYSE:EL) last posted its earnings results on Wednesday, May 1st. The company reported $0.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.49. The business had revenue of $3.94 billion for the quarter, compared to analyst estimates of $3.92 billion. Estée Lauder Companies had a net margin of 4.18% and a return on equity of 13.08%. The company’s revenue for the quarter was up 5.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.47 EPS. Research analysts anticipate that The Estée Lauder Companies Inc. will post 2.21 earnings per share for the current year.

Estée Lauder Companies Announces Dividend

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

Insider Activity at Estée Lauder Companies

In related news, CFO Tracey Thomas Travis sold 14,493 shares of the firm’s stock in a transaction dated 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 transaction, the chief financial officer now directly owns 47,248 shares of the company’s stock, valued at approximately $6,412,971.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other Estée Lauder Companies news, CFO Tracey Thomas Travis sold 14,493 shares of the stock in a transaction dated 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 completion of the sale, the chief financial officer now owns 47,248 shares in the company, valued at approximately $6,412,971.04. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Peter Jueptner sold 12,786 shares of the stock in a transaction dated 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 of the company’s stock, valued at approximately $728,598.36. The disclosure for this sale can be found here. In the last three months, insiders have sold 42,255 shares of company stock valued at $5,453,232. 12.77% of the stock is owned by corporate insiders.

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.