Templeton & Phillips Capital Management LLC Buys 11,936 Shares of The Estee Lauder Companies Inc. (NYSE:EL)

Templeton & Phillips Capital Management LLC grew its stake in shares of The Estee Lauder Companies Inc. (NYSE:EL - Free Report) by 97.3% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 24,206 shares of the company's stock after buying an additional 11,936 shares during the period. Estee Lauder Companies makes up 1.1% of Templeton & Phillips Capital Management LLC's portfolio, making the stock its 18th biggest position. Templeton & Phillips Capital Management LLC's holdings in Estee Lauder Companies were worth $1,598,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in EL. Golden State Wealth Management LLC lifted its holdings in shares of Estee Lauder Companies by 57.3% during the 1st quarter. Golden State Wealth Management LLC now owns 626 shares of the company's stock valued at $41,000 after purchasing an additional 228 shares in the last quarter. CVA Family Office LLC lifted its holdings in shares of Estee Lauder Companies by 116.2% during the 1st quarter. CVA Family Office LLC now owns 668 shares of the company's stock valued at $44,000 after purchasing an additional 359 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of Estee Lauder Companies by 41.0% during the 1st quarter. Farther Finance Advisors LLC now owns 787 shares of the company's stock valued at $53,000 after purchasing an additional 229 shares in the last quarter. UMB Bank n.a. lifted its holdings in shares of Estee Lauder Companies by 58.4% during the 1st quarter. UMB Bank n.a. now owns 906 shares of the company's stock valued at $60,000 after purchasing an additional 334 shares in the last quarter. Finally, Rossby Financial LCC bought a new position in shares of Estee Lauder Companies during the 1st quarter valued at about $73,000. Institutional investors own 55.15% of the company's stock.

Estee Lauder Companies Stock Performance

NYSE EL traded up $3.58 on Friday, reaching $90.35. The stock had a trading volume of 7,609,947 shares, compared to its average volume of 3,914,970. The company has a debt-to-equity ratio of 1.68, a current ratio of 1.41 and a quick ratio of 1.02. The firm has a fifty day moving average of $77.23 and a two-hundred day moving average of $70.49. 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 market cap of $32.50 billion, a P/E ratio of -37.33, a price-to-earnings-growth ratio of 6.47 and a beta of 1.17.

Estee Lauder Companies (NYSE:EL - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The company reported $0.65 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 firm 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 firm posted $0.97 EPS. The company's revenue for the quarter was down 9.9% on a year-over-year basis. On average, equities research analysts anticipate that The Estee Lauder Companies Inc. will post 1.36 EPS for the current year.

Estee Lauder Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 16th. Shareholders of record on Friday, May 30th were issued a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 1.55%. The ex-dividend date was Friday, May 30th. Estee Lauder Companies's dividend payout ratio is -57.85%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on EL. B. Riley reiterated a "neutral" rating and set a $60.00 price objective (down previously from $70.00) on shares of Estee Lauder Companies in a report on Friday, May 2nd. Citigroup boosted their target price on Estee Lauder Companies from $60.00 to $99.00 and gave the company a "neutral" rating in a research note on Tuesday, July 15th. Hsbc Global Res upgraded Estee Lauder Companies from a "hold" rating to a "strong-buy" rating in a research note on Friday, June 27th. Barclays boosted their target price on Estee Lauder Companies from $63.00 to $84.00 and gave the company an "equal weight" rating in a research note on Tuesday, July 15th. Finally, Wells Fargo & Company boosted their target price on Estee Lauder Companies from $60.00 to $90.00 and gave the company an "equal weight" rating in a research note on Wednesday, July 9th. Thirteen analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Estee Lauder Companies has a consensus rating of "Hold" and an average target price of $84.50.

About Estee 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.