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Wilson Asset Management International PTY Ltd. Purchases 5,284 Shares of The Estee Lauder Companies Inc. (NYSE:EL)

Estee Lauder Companies logo with Consumer Staples background

Wilson Asset Management International PTY Ltd. grew its holdings in shares of The Estee Lauder Companies Inc. (NYSE:EL - Free Report) by 26.8% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 25,000 shares of the company's stock after purchasing an additional 5,284 shares during the period. Wilson Asset Management International PTY Ltd.'s holdings in Estee Lauder Companies were worth $1,650,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Smartleaf Asset Management LLC grew its holdings in Estee Lauder Companies by 47.4% during the fourth quarter. Smartleaf Asset Management LLC now owns 479 shares of the company's stock worth $36,000 after acquiring an additional 154 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd grew its stake in shares of Estee Lauder Companies by 0.7% in the 1st quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 24,633 shares of the company's stock worth $1,626,000 after purchasing an additional 171 shares during the last quarter. DAVENPORT & Co LLC grew its stake in shares of Estee Lauder Companies by 5.1% in the 1st quarter. DAVENPORT & Co LLC now owns 3,796 shares of the company's stock worth $251,000 after purchasing an additional 185 shares during the last quarter. Utah Retirement Systems grew its stake in shares of Estee Lauder Companies by 0.5% in the 4th quarter. Utah Retirement Systems now owns 38,236 shares of the company's stock worth $2,867,000 after purchasing an additional 200 shares during the last quarter. Finally, First Hawaiian Bank grew its stake in shares of Estee Lauder Companies by 2.9% in the 1st quarter. First Hawaiian Bank now owns 7,200 shares of the company's stock worth $475,000 after purchasing an additional 200 shares during the last quarter. 55.15% of the stock is owned by institutional investors and hedge funds.

Estee Lauder Companies Stock Up 0.1%

Shares of Estee Lauder Companies stock traded up $0.07 on Friday, hitting $88.65. 2,288,201 shares of the company traded hands, compared to its average volume of 4,294,106. The company has a market cap of $31.89 billion, a PE ratio of -36.63, a PEG ratio of 6.30 and a beta of 1.17. The company has a 50-day moving average price of $69.20 and a 200 day moving average price of $69.12. The Estee Lauder Companies Inc. has a 12-month low of $48.37 and a 12-month high of $107.57. The company has a quick ratio of 1.02, a current ratio of 1.41 and a debt-to-equity ratio of 1.68.

Estee Lauder Companies (NYSE:EL - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The company reported $0.65 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.29 by $0.36. The firm had revenue of $2.66 billion during the quarter, compared to analysts' expectations of $3.51 billion. Estee Lauder Companies had a negative net margin of 5.89% and a positive return on equity of 15.60%. Estee Lauder Companies's revenue for the quarter was down 9.9% on a year-over-year basis. During the same period in the prior year, the company posted $0.97 earnings per share. Sell-side 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 firm also recently announced a quarterly dividend, which was paid on Monday, June 16th. Investors of record on Friday, May 30th were paid a dividend of $0.35 per share. The ex-dividend date of this dividend was Friday, May 30th. This represents a $1.40 annualized dividend and a yield of 1.58%. Estee Lauder Companies's payout ratio is -57.85%.

Wall Street Analyst Weigh In

Several research analysts have issued reports on EL shares. Stifel Nicolaus decreased their price target on shares of Estee Lauder Companies from $77.00 to $67.00 and set a "hold" rating on the stock in a research report on Thursday, April 10th. Citigroup decreased their target price on Estee Lauder Companies from $77.00 to $55.00 and set a "neutral" rating on the stock in a report on Monday, April 14th. Evercore ISI lifted their target price on Estee Lauder Companies from $90.00 to $100.00 and gave the stock an "outperform" rating in a report on Thursday, June 26th. Telsey Advisory Group restated a "market perform" rating and issued a $76.00 target price on shares of Estee Lauder Companies in a report on Thursday, May 1st. Finally, Wall Street Zen raised Estee Lauder Companies from a "sell" rating to a "hold" rating in a research note on Friday, June 27th. Sixteen analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $74.45.

Check Out Our Latest Report on EL

About Estee Lauder Companies

(Free Report)

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.

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

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