Estee Lauder Companies Inc (EL) Shares Bought by Dowling & Yahnke LLC

Dowling & Yahnke LLC boosted its stake in shares of Estee Lauder Companies Inc (NYSE:EL) by 4.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 9,377 shares of the company’s stock after purchasing an additional 393 shares during the period. Dowling & Yahnke LLC’s holdings in Estee Lauder Companies were worth $1,193,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the business. Jennison Associates LLC boosted its holdings in shares of Estee Lauder Companies by 54.7% in the 4th quarter. Jennison Associates LLC now owns 9,533,553 shares of the company’s stock valued at $1,213,049,000 after acquiring an additional 3,372,279 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in shares of Estee Lauder Companies by 9.1% in the 3rd quarter. Wells Fargo & Company MN now owns 2,436,548 shares of the company’s stock valued at $262,758,000 after acquiring an additional 202,331 shares during the last quarter. Acadian Asset Management LLC boosted its holdings in shares of Estee Lauder Companies by 31.9% in the 4th quarter. Acadian Asset Management LLC now owns 1,880,660 shares of the company’s stock valued at $239,297,000 after acquiring an additional 454,532 shares during the last quarter. APG Asset Management N.V. boosted its holdings in shares of Estee Lauder Companies by 30.2% in the 4th quarter. APG Asset Management N.V. now owns 1,431,145 shares of the company’s stock valued at $151,648,000 after acquiring an additional 331,600 shares during the last quarter. Finally, Legal & General Group Plc boosted its holdings in shares of Estee Lauder Companies by 3.9% in the 3rd quarter. Legal & General Group Plc now owns 1,135,208 shares of the company’s stock valued at $122,418,000 after acquiring an additional 43,050 shares during the last quarter. 54.40% of the stock is currently owned by institutional investors.

Estee Lauder Companies Inc (NYSE EL) opened at $134.30 on Tuesday. The company has a quick ratio of 1.33, a current ratio of 1.76 and a debt-to-equity ratio of 0.74. Estee Lauder Companies Inc has a 12 month low of $81.69 and a 12 month high of $138.74. The stock has a market cap of $49,487.23, a price-to-earnings ratio of 32.38, a P/E/G ratio of 2.47 and a beta of 0.74.

Estee Lauder Companies (NYSE:EL) last posted its earnings results on Friday, February 2nd. The company reported $1.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.44 by $0.08. Estee Lauder Companies had a net margin of 8.43% and a return on equity of 34.86%. The firm had revenue of $3.74 billion during the quarter, compared to analysts’ expectations of $3.68 billion. During the same period in the previous year, the business posted $1.22 EPS. The business’s revenue was up 16.7% compared to the same quarter last year. research analysts anticipate that Estee Lauder Companies Inc will post 4.35 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 15th. Shareholders of record on Wednesday, February 28th will be given a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a yield of 1.13%. The ex-dividend date is Tuesday, February 27th. Estee Lauder Companies’s dividend payout ratio is presently 52.78%.

Several analysts have recently commented on the stock. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $145.00 price objective (down from $155.00) on shares of Estee Lauder Companies in a report on Monday. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $144.00 price objective (up from $134.00) on shares of Estee Lauder Companies in a report on Monday. KeyCorp reaffirmed a “buy” rating and issued a $150.00 price objective on shares of Estee Lauder Companies in a report on Friday. Bank of America upped their price objective on shares of Estee Lauder Companies from $143.00 to $152.00 and gave the company a “buy” rating in a report on Monday. Finally, Morgan Stanley upped their price objective on shares of Estee Lauder Companies from $139.00 to $147.00 and gave the company an “overweight” rating in a report on Monday. Six investment analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $126.58.

In other Estee Lauder Companies news, insider Cedric Prouve sold 100,927 shares of the company’s stock in a transaction on Wednesday, November 8th. The shares were sold at an average price of $123.01, for a total transaction of $12,415,030.27. Following the completion of the transaction, the insider now directly owns 227,119 shares in the company, valued at $27,937,908.19. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider 1992 Grat Remainder Trust Fbo sold 570,000 shares of the company’s stock in a transaction on Monday, November 20th. The stock was sold at an average price of $125.53, for a total transaction of $71,552,100.00. The disclosure for this sale can be found here. Insiders have sold 1,489,209 shares of company stock valued at $187,144,645 over the last 90 days. 16.24% of the stock is currently owned by company insiders.

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Estee Lauder Companies Company Profile

The Estee Lauder Companies Inc manufactures and markets skin care, makeup, fragrance and hair care products. The Company offers products, including skin care, makeup, fragrance, hair care and other. The Company operates in beauty products segment. The Company’s products are sold in over 150 countries and territories under brand names, including Estee Lauder, Aramis, Clinique, Prescriptives, Lab Series, Origins, Tommy Hilfiger, MAC, Kiton, La Mer, Bobbi Brown, Donna Karan New York, DKNY, Aveda, Jo Malone London, Bumble and bumble, Michael Kors, Darphin, Tom Ford, Smashbox, Ermenegildo Zegna, AERIN, Tory Burch, RODIN olio lusso, Le Labo, Editions de Parfums Frederic Malle, GLAMGLOW, By Kilian, BECCA and Too Faced.

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

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