National Asset Management Inc. grew its holdings in shares of Estee Lauder Companies Inc (NYSE:EL) by 7.2% during the first quarter, HoldingsChannel reports. The institutional investor owned 4,122 shares of the company’s stock after purchasing an additional 278 shares during the quarter. National Asset Management Inc.’s holdings in Estee Lauder Companies were worth $682,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of EL. Machina Capital S.A.S. bought a new position in shares of Estee Lauder Companies in the 4th quarter worth $30,000. Trust Co. of Vermont lifted its holdings in shares of Estee Lauder Companies by 112.1% in the 1st quarter. Trust Co. of Vermont now owns 263 shares of the company’s stock worth $44,000 after purchasing an additional 139 shares in the last quarter. Motco lifted its holdings in shares of Estee Lauder Companies by 45.8% in the 1st quarter. Motco now owns 277 shares of the company’s stock worth $46,000 after purchasing an additional 87 shares in the last quarter. Financial Gravity Wealth Inc. bought a new position in shares of Estee Lauder Companies in the 1st quarter worth $50,000. Finally, Oregon Public Employees Retirement Fund lifted its holdings in shares of Estee Lauder Companies by 6,015.8% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 6,896,861 shares of the company’s stock worth $53,000 after purchasing an additional 6,784,090 shares in the last quarter. Hedge funds and other institutional investors own 53.66% of the company’s stock.

In other news, EVP Alexandra C. Trower sold 25,296 shares of the firm’s stock in a transaction on Friday, March 1st. The stock was sold at an average price of $158.71, for a total transaction of $4,014,728.16. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Paul J. Fribourg sold 6,003 shares of the firm’s stock in a transaction on Tuesday, February 26th. The shares were sold at an average price of $156.52, for a total value of $939,589.56. Following the sale, the director now directly owns 7,097 shares of the company’s stock, valued at $1,110,822.44. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 3,355,144 shares of company stock valued at $555,645,054. Insiders own 16.13% of the company’s stock.

Several equities analysts have weighed in on the company. Oppenheimer raised their price objective on Estee Lauder Companies from $164.00 to $180.00 and gave the company an “outperform” rating in a research note on Monday, April 8th. Citigroup raised their price objective on Estee Lauder Companies from $179.00 to $188.00 and gave the company a “buy” rating in a research note on Tuesday, April 9th. Stifel Nicolaus raised their price objective on Estee Lauder Companies from $157.00 to $180.00 and gave the company a “buy” rating in a research note on Thursday, April 11th. Argus raised their price objective on Estee Lauder Companies to $195.00 and gave the company a “buy” rating in a research note on Friday, April 12th. Finally, Piper Jaffray Companies raised their price objective on Estee Lauder Companies from $161.00 to $178.00 and gave the company a “positive” rating in a research note on Thursday, April 25th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and fifteen have given a buy rating to the stock. Estee Lauder Companies has an average rating of “Buy” and a consensus target price of $170.82.

Shares of Estee Lauder Companies stock opened at $167.57 on Thursday. Estee Lauder Companies Inc has a 1 year low of $121.47 and a 1 year high of $180.20. The firm has a market cap of $60.84 billion, a PE ratio of 37.16, a price-to-earnings-growth ratio of 2.49 and a beta of 0.72. The company has a quick ratio of 1.26, a current ratio of 1.69 and a debt-to-equity ratio of 0.62.

Estee Lauder Companies (NYSE:EL) last announced its earnings results on Wednesday, May 1st. The company reported $1.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.30 by $0.25. Estee Lauder Companies had a return on equity of 43.52% and a net margin of 12.45%. The firm had revenue of $3.74 billion during the quarter, compared to analyst estimates of $3.56 billion. During the same period last year, the firm posted $1.17 EPS. The business’s revenue was up 11.1% compared to the same quarter last year. Equities analysts expect that Estee Lauder Companies Inc will post 5.21 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 17th. Stockholders of record on Friday, May 31st will be given a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a dividend yield of 1.03%. The ex-dividend date of this dividend is Thursday, May 30th. Estee Lauder Companies’s dividend payout ratio is presently 38.14%.

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Estee Lauder Companies Company Profile

The Estée Lauder Companies Inc manufactures and markets skin care, makeup, fragrance, and hair care products. The company offers a range of skin care products, such as moisturizers, serums, cleansers, toners, body care products, exfoliators, acne care products, facial masks, cleansing devices, and sun care products; and makeup products, including lipsticks, lip glosses, mascaras, foundations, eyeshadows, nail polishes, and powders, as well as related items, including compacts, brushes, and other makeup tools.

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

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