Estee Lauder Companies Inc (NYSE:EL) Shares Sold by National Investment Services Inc. WI

National Investment Services Inc. WI trimmed its position in shares of Estee Lauder Companies Inc (NYSE:EL) by 6.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,890 shares of the company’s stock after selling 1,111 shares during the period. Estee Lauder Companies makes up approximately 1.9% of National Investment Services Inc. WI’s investment portfolio, making the stock its 27th largest position. National Investment Services Inc. WI’s holdings in Estee Lauder Companies were worth $2,022,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Jennison Associates LLC acquired a new stake in Estee Lauder Companies during the 3rd quarter worth approximately $664,432,000. Janus Henderson Group PLC raised its holdings in Estee Lauder Companies by 1,676.9% during the 2nd quarter. Janus Henderson Group PLC now owns 4,695,498 shares of the company’s stock worth $450,675,000 after purchasing an additional 4,431,247 shares during the last quarter. Northern Trust Corp raised its holdings in Estee Lauder Companies by 41.1% during the 2nd quarter. Northern Trust Corp now owns 3,732,174 shares of the company’s stock worth $358,214,000 after purchasing an additional 1,086,562 shares during the last quarter. BlackRock Inc. raised its holdings in Estee Lauder Companies by 7.4% during the 2nd quarter. BlackRock Inc. now owns 14,797,992 shares of the company’s stock worth $1,420,311,000 after purchasing an additional 1,022,956 shares during the last quarter. Finally, Fred Alger Management Inc. bought a new position in Estee Lauder Companies during the 2nd quarter worth approximately $94,952,000. Institutional investors own 53.69% of the company’s stock.

In related news, VP Sara E. Moss sold 29,873 shares of the business’s stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $121.16, for a total value of $3,619,412.68. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider 1992 Grat Remainder Trust Fbo sold 571,351 shares of the business’s stock in a transaction dated Wednesday, November 22nd. The shares were sold at an average price of $125.44, for a total value of $71,670,269.44. The disclosure for this sale can be found here. Insiders sold a total of 1,500,495 shares of company stock worth $188,197,729 over the last three months. 16.24% of the stock is owned by insiders.

Several research analysts have issued reports on EL shares. DA Davidson restated a “hold” rating and set a $125.00 price target on shares of Estee Lauder Companies in a report on Thursday, November 2nd. They noted that the move was a valuation call. BMO Capital Markets raised their price target on shares of Estee Lauder Companies from $107.00 to $126.00 and gave the stock a “market perform” rating in a report on Thursday, November 2nd. Piper Jaffray Companies set a $144.00 price objective on shares of Estee Lauder Companies and gave the company a “buy” rating in a research note on Monday, January 22nd. Oppenheimer lifted their price objective on shares of Estee Lauder Companies from $130.00 to $148.00 and gave the company an “outperform” rating in a research note on Tuesday, January 23rd. Finally, Bank of America lifted their price objective on shares of Estee Lauder Companies from $115.00 to $122.00 and gave the company a “buy” rating in a research note on Friday, October 13th. Seven research analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the company. Estee Lauder Companies has an average rating of “Buy” and a consensus price target of $121.12.

Estee Lauder Companies Inc (NYSE:EL) opened at $134.39 on Friday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.27 and a current ratio of 1.75. The stock has a market cap of $49,490.00, a price-to-earnings ratio of 36.32, a price-to-earnings-growth ratio of 2.56 and a beta of 0.74. Estee Lauder Companies Inc has a fifty-two week low of $80.86 and a fifty-two week high of $138.74.

Estee Lauder Companies (NYSE:EL) last issued its quarterly earnings results on Friday, February 2nd. The company reported $1.52 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.44 by $0.08. The company had revenue of $3.74 billion for the quarter, compared to the consensus estimate of $3.68 billion. Estee Lauder Companies had a net margin of 11.30% and a return on equity of 33.64%. The firm’s quarterly revenue was up 16.7% on a year-over-year basis. During the same period in the previous year, the firm earned $1.22 EPS. sell-side analysts anticipate that Estee Lauder Companies Inc will post 4.21 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Investors of record on Wednesday, February 28th will be issued a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.13%. Estee Lauder Companies’s dividend payout ratio (DPR) is currently 41.08%.

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About Estee Lauder Companies

The Estee Lauder Companies Inc manufactures and markets skin care, makeup, fragrance and hair care products. The Company offers products, including skin care, makeup, fragrance, hair care and other. The Company operates in beauty products segment. The Company’s products are sold in over 150 countries and territories under brand names, including Estee Lauder, Aramis, Clinique, Prescriptives, Lab Series, Origins, Tommy Hilfiger, MAC, Kiton, La Mer, Bobbi Brown, Donna Karan New York, DKNY, Aveda, Jo Malone London, Bumble and bumble, Michael Kors, Darphin, Tom Ford, Smashbox, Ermenegildo Zegna, AERIN, Tory Burch, RODIN olio lusso, Le Labo, Editions de Parfums Frederic Malle, GLAMGLOW, By Kilian, BECCA and Too Faced.

Institutional Ownership by Quarter for Estee Lauder Companies (NYSE:EL)

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