The Estée Lauder Companies Inc. (NYSE:EL) Shares Sold by Compagnie Lombard Odier SCmA

Compagnie Lombard Odier SCmA decreased its holdings in shares of The Estée Lauder Companies Inc. (NYSE:EL - Free Report) by 15.9% during the first quarter, according to its most recent filing with the SEC. The firm owned 244,419 shares of the company's stock after selling 46,141 shares during the period. Compagnie Lombard Odier SCmA owned 0.07% of Estée Lauder Companies worth $16,132,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in shares of Estée Lauder Companies by 9.5% during the 4th quarter. Vanguard Group Inc. now owns 27,014,303 shares of the company's stock worth $2,025,532,000 after acquiring an additional 2,344,210 shares in the last quarter. FMR LLC raised its stake in shares of Estée Lauder Companies by 163.8% during the 4th quarter. FMR LLC now owns 14,382,579 shares of the company's stock worth $1,078,406,000 after acquiring an additional 8,930,011 shares in the last quarter. Independent Franchise Partners LLP raised its stake in shares of Estée Lauder Companies by 45.5% during the 4th quarter. Independent Franchise Partners LLP now owns 7,858,158 shares of the company's stock worth $589,205,000 after acquiring an additional 2,458,379 shares in the last quarter. Capital World Investors bought a new position in shares of Estée Lauder Companies during the 4th quarter worth approximately $554,509,000. Finally, Invesco Ltd. raised its stake in shares of Estée Lauder Companies by 148.9% during the 4th quarter. Invesco Ltd. now owns 5,481,248 shares of the company's stock worth $410,984,000 after acquiring an additional 3,278,632 shares in the last quarter. Hedge funds and other institutional investors own 55.15% of the company's stock.

Estée Lauder Companies Trading Down 3.9%

Shares of EL traded down $2.76 during mid-day trading on Friday, reaching $67.23. The stock had a trading volume of 2,357,865 shares, compared to its average volume of 4,142,260. The company has a debt-to-equity ratio of 1.75, a current ratio of 1.37 and a quick ratio of 0.97. The Estée Lauder Companies Inc. has a 52-week low of $48.37 and a 52-week high of $115.90. The business's fifty day moving average is $61.43 and its 200 day moving average is $68.99. The firm has a market cap of $24.19 billion, a price-to-earnings ratio of -34.48, a P/E/G ratio of 6.09 and a beta of 1.12.

Estée Lauder Companies (NYSE:EL - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The company reported $0.65 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.29 by $0.36. Estée Lauder Companies had a negative net margin of 4.61% and a positive return on equity of 16.82%. The firm had revenue of $2.66 billion during the quarter, compared to analyst estimates of $3.51 billion. During the same quarter in the prior year, the firm posted $0.97 earnings per share. Estée Lauder Companies's quarterly revenue was down 9.9% on a year-over-year basis. On average, sell-side analysts predict that The Estée Lauder Companies Inc. will post 1.36 EPS for the current fiscal year.

Estée Lauder Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 16th. Shareholders of record on Friday, May 30th will be given a $0.35 dividend. The ex-dividend date is Friday, May 30th. This represents a $1.40 dividend on an annualized basis and a yield of 2.08%. Estée Lauder Companies's payout ratio is currently -57.85%.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on EL. Barclays boosted their target price on shares of Estée Lauder Companies from $56.00 to $63.00 and gave the stock an "equal weight" rating in a research report on Thursday, May 29th. UBS Group boosted their target price on shares of Estée Lauder Companies from $60.00 to $62.00 and gave the stock a "neutral" rating in a research report on Friday, May 2nd. Wall Street Zen downgraded shares of Estée Lauder Companies from a "hold" rating to a "sell" rating in a research report on Saturday, May 24th. Stifel Nicolaus decreased their price objective on shares of Estée Lauder Companies from $77.00 to $67.00 and set a "hold" rating for the company in a research note on Thursday, April 10th. Finally, B. Riley restated a "neutral" rating and set a $60.00 price objective (down from $70.00) on shares of Estée Lauder Companies in a research note on Friday, May 2nd. One equities research analyst has rated the stock with a sell rating, eighteen have given a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $75.15.

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, and powders, as well as compacts, brushes, and other makeup tools.