Transatlantique Private Wealth LLC Sells 211 Shares of The Estée Lauder Companies Inc. (NYSE:EL)

Transatlantique Private Wealth LLC trimmed its stake in The Estée Lauder Companies Inc. (NYSE:EL) by 4.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,929 shares of the company’s stock after selling 211 shares during the quarter. Transatlantique Private Wealth LLC’s holdings in Estée Lauder Companies were worth $524,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Riverview Trust Co purchased a new position in Estée Lauder Companies in the first quarter valued at approximately $26,000. Hexagon Capital Partners LLC lifted its position in shares of Estée Lauder Companies by 103.1% during the 1st quarter. Hexagon Capital Partners LLC now owns 195 shares of the company’s stock valued at $30,000 after buying an additional 99 shares during the last quarter. Rothschild Investment LLC purchased a new stake in Estée Lauder Companies in the 2nd quarter worth about $30,000. PARK CIRCLE Co bought a new stake in Estée Lauder Companies in the 2nd quarter valued at about $32,000. Finally, Crewe Advisors LLC purchased a new stake in Estée Lauder Companies during the first quarter valued at about $35,000. 55.15% of the stock is owned by institutional investors.

Estée Lauder Companies Price Performance

EL stock opened at $85.01 on Friday. The company has a debt-to-equity ratio of 1.37, a quick ratio of 1.01 and a current ratio of 1.39. The firm has a market cap of $30.48 billion, a P/E ratio of 47.76, a P/E/G ratio of 1.42 and a beta of 1.00. The firm’s fifty day moving average is $92.92 and its 200 day moving average is $118.15. The Estée Lauder Companies Inc. has a 52 week low of $82.39 and a 52 week high of $159.75.

Estée Lauder Companies (NYSE:EL) last announced its quarterly earnings data on Monday, August 19th. The company reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.39. Estée Lauder Companies had a return on equity of 16.91% and a net margin of 2.50%. The firm had revenue of $3.87 billion during the quarter, compared to the consensus estimate of $3.80 billion. During the same quarter in the previous year, the company posted $0.07 earnings per share. The business’s revenue was up 7.3% on a year-over-year basis. Research analysts predict that The Estée Lauder Companies Inc. will post 2.97 earnings per share for the current year.

Estée Lauder Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 16th. Stockholders of record on Friday, August 30th were paid a dividend of $0.66 per share. This represents a $2.64 annualized dividend and a dividend yield of 3.11%. The ex-dividend date of this dividend was Friday, August 30th. Estée Lauder Companies’s dividend payout ratio (DPR) is 148.31%.

Analyst Ratings Changes

Several research firms have recently weighed in on EL. Barclays reduced their target price on shares of Estée Lauder Companies from $136.00 to $117.00 and set an “equal weight” rating for the company in a research note on Friday, July 19th. Morgan Stanley dropped their target price on Estée Lauder Companies from $140.00 to $100.00 and set an “equal weight” rating on the stock in a research report on Tuesday, August 20th. UBS Group cut their price target on Estée Lauder Companies from $115.00 to $104.00 and set a “neutral” rating for the company in a report on Tuesday, August 20th. Bank of America lowered Estée Lauder Companies from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $140.00 to $100.00 in a research note on Friday, August 16th. Finally, Royal Bank of Canada restated an “outperform” rating and issued a $131.00 target price on shares of Estée Lauder Companies in a research note on Tuesday, August 20th. Fourteen investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat, Estée Lauder Companies presently has an average rating of “Hold” and an average target price of $120.27.

Insider Activity

In related news, Director Charlene Barshefsky sold 3,437 shares of the business’s stock in a transaction dated Tuesday, August 27th. The stock was sold at an average price of $91.93, for a total transaction of $315,963.41. Following the transaction, the director now owns 49,800 shares in the company, valued at approximately $4,578,114. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In related news, Director Charlene Barshefsky sold 3,437 shares of the firm’s stock in a transaction on Tuesday, August 27th. The stock was sold at an average price of $91.93, for a total value of $315,963.41. Following the completion of the sale, the director now owns 49,800 shares of the company’s stock, valued at $4,578,114. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Lynn Forester sold 3,890 shares of the business’s stock in a transaction on Friday, August 23rd. The shares were sold at an average price of $93.61, for a total transaction of $364,142.90. Following the transaction, the director now directly owns 15,209 shares in the company, valued at $1,423,714.49. The disclosure for this sale can be found here. Insiders own 12.77% of the company’s stock.

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.