Signaturefd LLC Grows Stock Holdings in The Estée Lauder Companies Inc. (NYSE:EL)

Signaturefd LLC grew its holdings in The Estée Lauder Companies Inc. (NYSE:EL) by 33.8% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,122 shares of the company’s stock after purchasing an additional 789 shares during the quarter. Signaturefd LLC’s holdings in Estée Lauder Companies were worth $311,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of EL. Vanguard Group Inc. raised its stake in shares of Estée Lauder Companies by 6.4% during the 1st quarter. Vanguard Group Inc. now owns 20,686,550 shares of the company’s stock worth $3,188,832,000 after acquiring an additional 1,250,555 shares in the last quarter. Independent Franchise Partners LLP boosted its holdings in shares of Estée Lauder Companies by 44.4% in the 2nd quarter. Independent Franchise Partners LLP now owns 3,466,048 shares of the company’s stock valued at $368,788,000 after acquiring an additional 1,066,320 shares during the last quarter. Clearbridge Investments LLC boosted its holdings in Estée Lauder Companies by 4.6% during the first quarter. Clearbridge Investments LLC now owns 3,163,232 shares of the company’s stock worth $487,612,000 after buying an additional 140,416 shares in the last quarter. Van ECK Associates Corp boosted its holdings in Estée Lauder Companies by 12.0% during the second quarter. Van ECK Associates Corp now owns 2,962,985 shares of the company’s stock worth $315,262,000 after buying an additional 318,257 shares in the last quarter. Finally, Marshall Wace LLP boosted its holdings in Estée Lauder Companies by 3,065.6% during the second quarter. Marshall Wace LLP now owns 1,983,083 shares of the company’s stock worth $211,000,000 after buying an additional 1,920,439 shares in the last quarter. Institutional investors own 55.15% of the company’s stock.

Insiders Place Their Bets

In related news, Director Lynn Forester sold 3,890 shares of the business’s stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of $93.61, for a total value of $364,142.90. Following the sale, the director now directly owns 15,209 shares in the company, valued at $1,423,714.49. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, Director Lynn Forester sold 3,890 shares of the business’s stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of $93.61, for a total value of $364,142.90. Following the sale, the director now directly owns 15,209 shares in the company, valued at $1,423,714.49. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, 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 completion of the sale, the director now owns 49,800 shares in the company, valued at $4,578,114. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 12.78% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Estée Lauder Companies from $108.00 to $105.00 and set a “hold” rating on the stock in a report on Tuesday, August 20th. Stifel Nicolaus cut their price objective on shares of Estée Lauder Companies from $165.00 to $125.00 and set a “buy” rating for the company in a research report on Tuesday, August 20th. Evercore ISI lowered their target price on shares of Estée Lauder Companies from $180.00 to $130.00 and set an “outperform” rating for the company in a research note on Tuesday, August 20th. UBS Group lowered their price objective on shares of Estée Lauder Companies from $115.00 to $104.00 and set a “neutral” rating for the company in a research note on Tuesday, August 20th. Finally, Telsey Advisory Group reissued a “market perform” rating and issued a $105.00 price objective on shares of Estée Lauder Companies in a research note on Thursday. Sixteen analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, Estée Lauder Companies has an average rating of “Hold” and an average price target of $116.91.

Estée Lauder Companies Stock Performance

Shares of EL opened at $87.25 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 stock has a market capitalization of $31.30 billion, a P/E ratio of 80.79, a P/E/G ratio of 1.47 and a beta of 1.01. The company’s fifty day moving average is $91.30 and its two-hundred day moving average is $108.60. The Estée Lauder Companies Inc. has a 1 year low of $82.39 and a 1 year high of $159.75.

Estée Lauder Companies (NYSE:EL) last issued its earnings results on Monday, August 19th. The company reported $0.64 EPS for the quarter, topping the consensus estimate of $0.25 by $0.39. The company had revenue of $3.87 billion for the quarter, compared to analyst estimates of $3.80 billion. Estée Lauder Companies had a net margin of 2.50% and a return on equity of 16.91%. The business’s revenue was up 7.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.07 EPS. On average, sell-side analysts predict that The Estée Lauder Companies Inc. will post 2.97 earnings per share for the current year.

Estée Lauder Companies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, September 16th. Shareholders of record on Friday, August 30th were given a dividend of $0.66 per share. The ex-dividend date was Friday, August 30th. This represents a $2.64 annualized dividend and a dividend yield of 3.03%. Estée Lauder Companies’s payout ratio is currently 244.44%.

Estée Lauder Companies 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, and powders, as well as compacts, brushes, and other makeup tools.