Arlington Partners LLC Has $1.78 Million Position in The Estée Lauder Companies Inc. (NYSE:EL)

Arlington Partners LLC reduced its holdings in The Estée Lauder Companies Inc. (NYSE:EL) by 43.0% during the 4th quarter, HoldingsChannel reports. The firm owned 23,793 shares of the company’s stock after selling 17,969 shares during the quarter. Arlington Partners LLC’s holdings in Estée Lauder Companies were worth $1,784,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Savant Capital LLC bought a new stake in shares of Estée Lauder Companies in the fourth quarter valued at about $1,385,000. Canvas Wealth Advisors LLC lifted its stake in shares of Estée Lauder Companies by 308.0% in the fourth quarter. Canvas Wealth Advisors LLC now owns 38,711 shares of the company’s stock valued at $2,903,000 after buying an additional 29,224 shares during the period. Empowered Funds LLC lifted its stake in shares of Estée Lauder Companies by 8.4% in the fourth quarter. Empowered Funds LLC now owns 3,721 shares of the company’s stock valued at $279,000 after buying an additional 287 shares during the period. Wilmington Savings Fund Society FSB lifted its stake in shares of Estée Lauder Companies by 57.4% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 3,150 shares of the company’s stock valued at $236,000 after buying an additional 1,149 shares during the period. Finally, Golden State Wealth Management LLC bought a new stake in shares of Estée Lauder Companies in the fourth quarter valued at about $30,000. 55.15% of the stock is owned by institutional investors and hedge funds.

Estée Lauder Companies Trading Up 1.3 %

EL stock opened at $65.09 on Monday. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.90 and a current ratio of 1.37. The company has a 50 day moving average price of $76.72 and a 200 day moving average price of $82.89. The Estée Lauder Companies Inc. has a fifty-two week low of $62.29 and a fifty-two week high of $159.54.

Estée Lauder Companies (NYSE:EL) last posted its quarterly earnings data on Tuesday, February 4th. The company reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.32 by $0.30. Estée Lauder Companies had a negative net margin of 4.61% and a positive return on equity of 16.82%. The firm had revenue of $4 billion during the quarter, compared to analysts’ expectations of $3.98 billion. During the same quarter in the previous year, the company posted $0.88 EPS. Estée Lauder Companies’s revenue was down 6.4% on a year-over-year basis. Equities research analysts anticipate that The Estée Lauder Companies Inc. will post 1.37 earnings per share for the current fiscal year.

Estée Lauder Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Friday, February 28th will be given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 2.15%. The ex-dividend date of this dividend is Friday, February 28th. Estée Lauder Companies’s payout ratio is -71.79%.

Insider Buying and Selling at Estée Lauder Companies

In other Estée Lauder Companies news, CFO Akhil Shrivastava bought 700 shares of the company’s stock in a transaction on Wednesday, February 5th. The stock was bought at an average price of $65.79 per share, for a total transaction of $46,053.00. Following the transaction, the chief financial officer now owns 2,381 shares of the company’s stock, valued at approximately $156,645.99. The trade was a 41.64 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Paul J. Fribourg bought 77,500 shares of the company’s stock in a transaction on Friday, November 15th. The shares were acquired at an average price of $64.01 per share, with a total value of $4,960,775.00. Following the transaction, the director now directly owns 234,500 shares in the company, valued at approximately $15,010,345. The trade was a 49.36 % increase in their position. The disclosure for this purchase can be found here. In the last 90 days, insiders acquired 196,700 shares of company stock worth $12,762,093. Insiders own 12.78% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on EL. Hsbc Global Res cut shares of Estée Lauder Companies from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 16th. Canaccord Genuity Group reduced their target price on shares of Estée Lauder Companies from $76.00 to $70.00 and set a “hold” rating for the company in a research note on Wednesday, February 5th. B. Riley reduced their target price on shares of Estée Lauder Companies from $95.00 to $70.00 and set a “neutral” rating for the company in a research note on Monday, November 4th. The Goldman Sachs Group cut their price target on shares of Estée Lauder Companies from $100.00 to $75.00 and set a “neutral” rating for the company in a research note on Friday, November 1st. Finally, Deutsche Bank Aktiengesellschaft cut their price target on shares of Estée Lauder Companies from $80.00 to $78.00 and set a “hold” rating for the company in a research note on Wednesday, January 22nd. Twenty equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $86.00.

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, and powders, as well as compacts, brushes, and other makeup tools.