National Pension Service Has $53.59 Million Holdings in The Estée Lauder Companies Inc. (NYSE:EL)

National Pension Service grew its holdings in The Estée Lauder Companies Inc. (NYSE:EL - Free Report) by 9.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 537,607 shares of the company's stock after acquiring an additional 47,433 shares during the period. National Pension Service owned about 0.15% of Estée Lauder Companies worth $53,594,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Aptus Capital Advisors LLC boosted its position in shares of Estée Lauder Companies by 6.3% in the second quarter. Aptus Capital Advisors LLC now owns 2,144 shares of the company's stock worth $228,000 after acquiring an additional 127 shares during the last quarter. Canandaigua National Bank & Trust Co. increased its holdings in shares of Estée Lauder Companies by 2.1% during the 2nd quarter. Canandaigua National Bank & Trust Co. now owns 7,109 shares of the company's stock worth $756,000 after buying an additional 145 shares during the last quarter. Financial Counselors Inc. raised its position in shares of Estée Lauder Companies by 4.2% in the 1st quarter. Financial Counselors Inc. now owns 3,687 shares of the company's stock worth $568,000 after buying an additional 149 shares during the period. Farther Finance Advisors LLC boosted its holdings in Estée Lauder Companies by 30.9% in the third quarter. Farther Finance Advisors LLC now owns 639 shares of the company's stock valued at $64,000 after acquiring an additional 151 shares during the last quarter. Finally, Horizon Bancorp Inc. IN increased its stake in Estée Lauder Companies by 22.3% during the second quarter. Horizon Bancorp Inc. IN now owns 844 shares of the company's stock worth $90,000 after acquiring an additional 154 shares during the last quarter. Institutional investors and hedge funds own 55.15% of the company's stock.

Estée Lauder Companies Price Performance

Shares of Estée Lauder Companies stock traded down $2.30 during midday trading on Wednesday, reaching $63.56. The company had a trading volume of 5,348,534 shares, compared to its average volume of 3,394,738. The company has a market capitalization of $22.80 billion, a price-to-earnings ratio of 117.66, a price-to-earnings-growth ratio of 1.17 and a beta of 1.05. The company has a current ratio of 1.32, a quick ratio of 0.90 and a debt-to-equity ratio of 1.44. The stock has a fifty day simple moving average of $88.99 and a 200 day simple moving average of $104.88. The Estée Lauder Companies Inc. has a 1-year low of $62.88 and a 1-year high of $159.75.

Estée Lauder Companies (NYSE:EL - Get Free Report) last released its earnings results on Thursday, October 31st. The company reported $0.14 EPS for the quarter, topping analysts' consensus estimates of $0.09 by $0.05. The firm had revenue of $3.36 billion during the quarter, compared to analyst estimates of $3.37 billion. Estée Lauder Companies had a net margin of 1.31% and a return on equity of 17.31%. The business's quarterly revenue was down 4.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.11 EPS. As a group, equities research analysts forecast that The Estée Lauder Companies Inc. will post 2.95 earnings per share for the current year.

Estée Lauder Companies Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Friday, November 29th will be given a $0.35 dividend. The ex-dividend date of this dividend is Friday, November 29th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.20%. Estée Lauder Companies's dividend payout ratio is 250.00%.

Analyst Ratings Changes

EL has been the subject of a number of research analyst reports. Raymond James downgraded shares of Estée Lauder Companies from a "strong-buy" rating to a "market perform" rating in a research report on Monday, July 22nd. HSBC cut Estée Lauder Companies from a "buy" rating to a "hold" rating and set a $100.00 price objective on the stock. in a research note on Wednesday, October 16th. Barclays decreased their price target on Estée Lauder Companies from $136.00 to $117.00 and set an "equal weight" rating for the company in a report on Friday, July 19th. Wells Fargo & Company downgraded shares of Estée Lauder Companies from an "overweight" rating to an "equal weight" rating and lowered their price objective for the company from $105.00 to $72.00 in a research report on Thursday, October 31st. Finally, Canaccord Genuity Group cut their price objective on shares of Estée Lauder Companies from $100.00 to $75.00 and set a "hold" rating on the stock in a research note on Friday, November 1st. Nineteen analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $100.90.

Insider Buying and Selling at Estée Lauder Companies

In other Estée Lauder Companies news, Director Lynn Forester sold 3,890 shares of the business's stock in a transaction dated Friday, August 23rd. The stock was sold at an average price of $93.61, for a total value of $364,142.90. Following the completion of the transaction, the director now directly owns 15,209 shares of the company's stock, valued at approximately $1,423,714.49. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, CEO Fabrizio Freda sold 10,969 shares of Estée Lauder Companies stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $67.76, for a total value of $743,259.44. Following the sale, the chief executive officer now directly owns 295,838 shares in the company, valued at $20,045,982.88. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Lynn Forester sold 3,890 shares of the stock in a transaction on Friday, August 23rd. The stock was sold at an average price of $93.61, for a total transaction of $364,142.90. Following the transaction, the director now owns 15,209 shares of the company's stock, valued at $1,423,714.49. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 18,296 shares of company stock valued at $1,423,366. Corporate insiders own 12.78% 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, and powders, as well as compacts, brushes, and other makeup tools.