Estee Lauder Companies Inc (NYSE:EL) Holdings Cut by Donaldson Capital Management LLC

Donaldson Capital Management LLC decreased its stake in Estee Lauder Companies Inc (NYSE:EL) by 0.6% in the fourth quarter, Holdings Channel reports. The institutional investor owned 25,751 shares of the company’s stock after selling 159 shares during the quarter. Donaldson Capital Management LLC’s holdings in Estee Lauder Companies were worth $5,319,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in EL. Appleton Partners Inc. MA grew its position in Estee Lauder Companies by 15.4% in the 4th quarter. Appleton Partners Inc. MA now owns 24,561 shares of the company’s stock worth $5,073,000 after purchasing an additional 3,280 shares during the last quarter. DNB Asset Management AS boosted its position in shares of Estee Lauder Companies by 6.8% during the 4th quarter. DNB Asset Management AS now owns 26,508 shares of the company’s stock valued at $5,475,000 after acquiring an additional 1,690 shares in the last quarter. LGT Capital Partners LTD. boosted its position in shares of Estee Lauder Companies by 1.6% during the 4th quarter. LGT Capital Partners LTD. now owns 357,973 shares of the company’s stock valued at $73,936,000 after acquiring an additional 5,558 shares in the last quarter. Contravisory Investment Management Inc. boosted its position in shares of Estee Lauder Companies by 24.0% during the 4th quarter. Contravisory Investment Management Inc. now owns 532 shares of the company’s stock valued at $110,000 after acquiring an additional 103 shares in the last quarter. Finally, Bath Savings Trust Co boosted its position in shares of Estee Lauder Companies by 2.1% during the 4th quarter. Bath Savings Trust Co now owns 38,751 shares of the company’s stock valued at $8,003,000 after acquiring an additional 797 shares in the last quarter. Institutional investors own 55.17% of the company’s stock.

Shares of NYSE EL traded up $2.36 during trading on Tuesday, reaching $215.83. The company had a trading volume of 414,966 shares, compared to its average volume of 1,156,658. Estee Lauder Companies Inc has a 52 week low of $124.38 and a 52 week high of $213.53. The stock has a market cap of $76.14 billion, a PE ratio of 40.42, a PEG ratio of 2.78 and a beta of 0.78. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.08 and a current ratio of 1.53. The business’s 50 day moving average price is $203.09 and its 200-day moving average price is $193.66.

Estee Lauder Companies (NYSE:EL) last announced its earnings results on Thursday, October 31st. The company reported $1.67 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.60 by $0.07. Estee Lauder Companies had a net margin of 12.34% and a return on equity of 46.14%. The company had revenue of $3.90 billion during the quarter, compared to the consensus estimate of $3.85 billion. During the same period in the previous year, the firm posted $1.41 earnings per share. The company’s revenue was up 10.5% on a year-over-year basis. Equities analysts anticipate that Estee Lauder Companies Inc will post 5.96 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Friday, November 29th were paid a $0.48 dividend. The ex-dividend date of this dividend was Wednesday, November 27th. This is an increase from Estee Lauder Companies’s previous quarterly dividend of $0.43. This represents a $1.92 dividend on an annualized basis and a dividend yield of 0.89%. Estee Lauder Companies’s payout ratio is currently 35.96%.

EL has been the topic of several recent research reports. ValuEngine lowered shares of Estee Lauder Companies from a “buy” rating to a “hold” rating in a research report on Wednesday, October 2nd. Morgan Stanley reiterated a “buy” rating on shares of Estee Lauder Companies in a research report on Friday, November 1st. Edward Jones lowered shares of Estee Lauder Companies from a “buy” rating to a “hold” rating in a research report on Monday, October 21st. Piper Jaffray Companies downgraded shares of Estee Lauder Companies from an “overweight” rating to a “neutral” rating and cut their price target for the company from $210.00 to $204.00 in a report on Monday, October 28th. Finally, Deutsche Bank lifted their price target on shares of Estee Lauder Companies from $214.00 to $218.00 and gave the company a “buy” rating in a report on Thursday, December 12th. Eight investment analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $205.38.

In related news, CEO Fabrizio Freda sold 16,479 shares of the business’s stock in a transaction that occurred on Tuesday, November 5th. The shares were sold at an average price of $184.08, for a total transaction of $3,033,454.32. Following the completion of the sale, the chief executive officer now directly owns 83,348 shares of the company’s stock, valued at $15,342,699.84. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Tracey Thomas Travis sold 15,058 shares of the business’s stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $187.95, for a total transaction of $2,830,151.10. Over the last ninety days, insiders sold 46,240 shares of company stock valued at $8,621,216. Insiders own 14.68% of the company’s stock.

Estee Lauder Companies Profile

The Estée Lauder Companies Inc manufactures and markets skin care, makeup, fragrance, and hair care products. The company offers a range of skin care products, such as moisturizers, serums, cleansers, toners, body care products, exfoliators, acne care products, facial masks, cleansing devices, and sun care products; and makeup products, including lipsticks, lip glosses, mascaras, foundations, eyeshadows, nail polishes, and powders, as well as related items, including compacts, brushes, and other makeup tools.

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

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