4,130 Shares in The Estee Lauder Companies Inc. (NYSE:EL) Bought by Kelman Lazarov Inc.

Kelman Lazarov Inc. acquired a new position in shares of The Estee Lauder Companies Inc. (NYSE:EL - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 4,130 shares of the company's stock, valued at approximately $273,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Bank Pictet & Cie Europe AG increased its position in shares of Estee Lauder Companies by 5.4% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 91,200 shares of the company's stock valued at $6,838,000 after acquiring an additional 4,690 shares during the period. American Assets Inc. purchased a new stake in Estee Lauder Companies during the fourth quarter valued at approximately $487,000. Commonwealth Equity Services LLC increased its stake in shares of Estee Lauder Companies by 69.7% in the fourth quarter. Commonwealth Equity Services LLC now owns 35,660 shares of the company's stock worth $2,674,000 after purchasing an additional 14,649 shares in the last quarter. Teacher Retirement System of Texas bought a new position in shares of Estee Lauder Companies during the fourth quarter worth $1,032,000. Finally, Mizuho Securities USA LLC lifted its position in Estee Lauder Companies by 46.4% during the fourth quarter. Mizuho Securities USA LLC now owns 22,124 shares of the company's stock valued at $1,659,000 after purchasing an additional 7,014 shares during the last quarter. 55.15% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have commented on EL. Wells Fargo & Company raised their target price on shares of Estee Lauder Companies from $60.00 to $90.00 and gave the company an "equal weight" rating in a research report on Wednesday, July 9th. Barclays lifted their target price on shares of Estee Lauder Companies from $63.00 to $84.00 and gave the stock an "equal weight" rating in a research note on Tuesday, July 15th. Wall Street Zen raised shares of Estee Lauder Companies from a "sell" rating to a "hold" rating in a report on Friday, June 27th. JPMorgan Chase & Co. raised shares of Estee Lauder Companies from a "neutral" rating to an "overweight" rating and upped their target price for the company from $62.00 to $101.00 in a research report on Friday. Finally, Telsey Advisory Group restated a "market perform" rating and set a $76.00 target price on shares of Estee Lauder Companies in a research note on Thursday, May 1st. Thirteen equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $84.50.

Estee Lauder Companies Trading Up 2.1%

Shares of NYSE EL traded up $1.94 during midday trading on Monday, hitting $92.34. The stock had a trading volume of 1,775,208 shares, compared to its average volume of 4,173,127. The company has a market capitalization of $33.22 billion, a price-to-earnings ratio of -38.12, a PEG ratio of 6.47 and a beta of 1.17. The Estee Lauder Companies Inc. has a 1-year low of $48.37 and a 1-year high of $103.44. The company has a quick ratio of 1.02, a current ratio of 1.41 and a debt-to-equity ratio of 1.68. The company has a fifty day moving average price of $77.23 and a 200 day moving average price of $70.47.

Estee Lauder Companies (NYSE:EL - Get Free Report) last announced its earnings results 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. Estee Lauder Companies had a positive return on equity of 15.60% and a negative net margin of 5.89%. The company had revenue of $2.66 billion for the quarter, compared to analyst estimates of $3.51 billion. During the same period in the prior year, the company posted $0.97 EPS. Estee Lauder Companies's quarterly revenue was down 9.9% on a year-over-year basis. On average, analysts predict that The Estee Lauder Companies Inc. will post 1.36 earnings per share for the current year.

Estee Lauder Companies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 16th. Stockholders of record on Friday, May 30th were issued a $0.35 dividend. The ex-dividend date was Friday, May 30th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.52%. Estee Lauder Companies's dividend payout ratio (DPR) is -57.85%.

Estee Lauder Companies Company Profile

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.