The Estée Lauder Companies Inc. (NYSE:EL) Shares Bought by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. raised its stake in shares of The Estée Lauder Companies Inc. (NYSE:EL - Free Report) by 19.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 63,223 shares of the company's stock after buying an additional 10,165 shares during the quarter. Robeco Institutional Asset Management B.V.'s holdings in Estée Lauder Companies were worth $6,303,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of EL. Rothschild Investment LLC bought a new stake in Estée Lauder Companies during the second quarter worth about $30,000. PARK CIRCLE Co purchased a new stake in Estée Lauder Companies in the 2nd quarter valued at $32,000. Kimelman & Baird LLC purchased a new position in Estée Lauder Companies during the 2nd quarter worth $32,000. Crewe Advisors LLC purchased a new stake in shares of Estée Lauder Companies in the first quarter valued at about $35,000. Finally, Chilton Capital Management LLC boosted its holdings in Estée Lauder Companies by 163.0% during the first quarter. Chilton Capital Management LLC now owns 263 shares of the company's stock worth $41,000 after purchasing an additional 163 shares during the last quarter. 55.15% of the stock is currently owned by institutional investors and hedge funds.

Estée Lauder Companies Stock Performance

Shares of NYSE EL traded down $2.25 during trading on Friday, hitting $64.06. The company had a trading volume of 3,863,190 shares, compared to its average volume of 3,424,271. The stock has a 50 day simple moving average of $88.41 and a 200 day simple moving average of $104.59. The firm has a market capitalization of $22.98 billion, a P/E ratio of 118.41, a price-to-earnings-growth ratio of 2.36 and a beta of 1.05. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.90 and a current ratio of 1.32. The Estée Lauder Companies Inc. has a 12 month low of $62.88 and a 12 month high of $159.75.

Estée Lauder Companies (NYSE:EL - Get Free Report) last issued its quarterly earnings results on Thursday, October 31st. The company reported $0.14 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.09 by $0.05. The business had revenue of $3.36 billion during the quarter, compared to analyst estimates of $3.37 billion. Estée Lauder Companies had a return on equity of 17.31% and a net margin of 1.31%. Estée Lauder Companies's revenue for the quarter was down 4.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.11 EPS. As a group, analysts anticipate that The Estée Lauder Companies Inc. will post 2 earnings per share for the current year.

Estée Lauder Companies Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Friday, November 29th will be issued a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.19%. The ex-dividend date is Friday, November 29th. Estée Lauder Companies's payout ratio is 471.43%.

Insider Buying and Selling

In other Estée Lauder Companies news, CEO Fabrizio Freda sold 10,969 shares of the company's stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $67.76, for a total transaction 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 represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. In related news, Director Charlene Barshefsky sold 3,437 shares of the business's stock in a transaction that occurred 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 in the company, valued at approximately $4,578,114. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Fabrizio Freda sold 10,969 shares of the stock in a transaction 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 owns 295,838 shares of the company's stock, valued at approximately $20,045,982.88. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 18,296 shares of company stock worth $1,423,366. Corporate insiders own 12.78% of the company's stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on EL shares. Morgan Stanley reduced their target price on Estée Lauder Companies from $100.00 to $85.00 and set an "equal weight" rating for the company in a report on Friday, November 1st. Evercore ISI lowered their price target on shares of Estée Lauder Companies from $180.00 to $130.00 and set an "outperform" rating on the stock in a report on Tuesday, August 20th. UBS Group dropped their price objective on 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. HSBC lowered Estée Lauder Companies from a "buy" rating to a "hold" rating and set a $100.00 target price on the stock. in a research note on Wednesday, October 16th. Finally, Raymond James downgraded Estée Lauder Companies from a "strong-buy" rating to a "market perform" rating in a research report on Monday, July 22nd. Nineteen research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $100.90.

About Estée Lauder Companies

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.