The Estée Lauder Companies Inc. (NYSE:EL) Shares Acquired by Ycg LLC

YCG LLC lifted its holdings in The Estée Lauder Companies Inc. (NYSE:EL - Free Report) by 5.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 178,242 shares of the company's stock after acquiring an additional 9,619 shares during the period. Estée Lauder Companies accounts for approximately 2.2% of YCG LLC's holdings, making the stock its 24th biggest holding. YCG LLC's holdings in Estée Lauder Companies were worth $26,068,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Keybank National Association OH lifted its holdings in shares of Estée Lauder Companies by 11.3% in the 3rd quarter. Keybank National Association OH now owns 4,507 shares of the company's stock worth $651,000 after acquiring an additional 458 shares during the last quarter. Impax Asset Management Group plc lifted its stake in Estée Lauder Companies by 517.6% in the fourth quarter. Impax Asset Management Group plc now owns 46,633 shares of the company's stock worth $6,820,000 after purchasing an additional 39,082 shares during the last quarter. ICICI Prudential Asset Management Co Ltd lifted its stake in Estée Lauder Companies by 221.9% in the third quarter. ICICI Prudential Asset Management Co Ltd now owns 62,780 shares of the company's stock worth $9,075,000 after purchasing an additional 43,280 shares during the last quarter. Nordea Investment Management AB boosted its position in shares of Estée Lauder Companies by 37.1% during the third quarter. Nordea Investment Management AB now owns 1,411,163 shares of the company's stock valued at $205,776,000 after buying an additional 381,860 shares during the period. Finally, GAM Holding AG grew its stake in shares of Estée Lauder Companies by 11.2% during the fourth quarter. GAM Holding AG now owns 126,382 shares of the company's stock valued at $18,483,000 after buying an additional 12,717 shares during the last quarter. Hedge funds and other institutional investors own 55.15% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on EL shares. Barclays boosted their price objective on Estée Lauder Companies from $141.00 to $146.00 and gave the company an "equal weight" rating in a report on Friday. Raymond James upped their price target on shares of Estée Lauder Companies from $150.00 to $175.00 and gave the stock a "strong-buy" rating in a report on Tuesday, February 6th. DA Davidson reiterated a "buy" rating and set a $179.00 price objective on shares of Estée Lauder Companies in a report on Tuesday, April 2nd. Deutsche Bank Aktiengesellschaft downgraded shares of Estée Lauder Companies from a "buy" rating to a "hold" rating and set a $146.00 target price on the stock. in a research note on Tuesday, January 2nd. Finally, Bank of America raised shares of Estée Lauder Companies from a "neutral" rating to a "buy" rating and raised their target price for the stock from $160.00 to $170.00 in a research report on Thursday, March 28th. One research analyst has rated the stock with a sell rating, fifteen have given a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $167.50.

Estée Lauder Companies Stock Down 4.6 %

NYSE:EL traded down $6.63 during midday trading on Friday, reaching $138.80. 2,166,450 shares of the stock traded hands, compared to its average volume of 2,690,204. The business has a 50-day moving average of $146.91 and a two-hundred day moving average of $138.18. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.96 and a current ratio of 1.36. The Estée Lauder Companies Inc. has a 12-month low of $102.22 and a 12-month high of $260.46. The stock has a market capitalization of $49.76 billion, a PE ratio of 108.71, a price-to-earnings-growth ratio of 3.77 and a beta of 1.07.

Estée Lauder Companies (NYSE:EL - Get Free Report) last issued its quarterly earnings data on Monday, February 5th. The company reported $0.88 EPS for the quarter, beating the consensus estimate of $0.55 by $0.33. Estée Lauder Companies had a return on equity of 9.78% and a net margin of 3.08%. The firm had revenue of $4.28 billion during the quarter, compared to analyst estimates of $4.19 billion. During the same quarter in the prior year, the business posted $1.54 EPS. The business's revenue for the quarter was down 7.4% compared to the same quarter last year. On average, equities analysts forecast that The Estée Lauder Companies Inc. will post 2.23 earnings per share for the current fiscal year.

Estée Lauder Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Thursday, February 29th were issued a dividend of $0.66 per share. The ex-dividend date was Wednesday, February 28th. This represents a $2.64 annualized dividend and a dividend yield of 1.90%. Estée Lauder Companies's dividend payout ratio (DPR) is currently 203.08%.

Estée 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, nail polishes, and powders, as well as compacts, brushes, and other makeup tools.