Zevin Asset Management LLC Has $5.68 Million Stock Position in The Estée Lauder Companies Inc. (NYSE:EL)

Zevin Asset Management LLC lessened its stake in shares of The Estée Lauder Companies Inc. (NYSE:EL - Free Report) by 5.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 75,739 shares of the company's stock after selling 4,295 shares during the period. Zevin Asset Management LLC's holdings in Estée Lauder Companies were worth $5,679,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Commonwealth Equity Services LLC grew its holdings in Estée Lauder Companies by 69.7% during the fourth quarter. Commonwealth Equity Services LLC now owns 35,660 shares of the company's stock valued at $2,674,000 after purchasing an additional 14,649 shares during the last quarter. Lazard Freres Gestion S.A.S. grew its holdings in Estée Lauder Companies by 20.7% during the fourth quarter. Lazard Freres Gestion S.A.S. now owns 1,205,989 shares of the company's stock valued at $90,425,000 after purchasing an additional 206,472 shares during the last quarter. EverSource Wealth Advisors LLC grew its holdings in Estée Lauder Companies by 415.1% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,942 shares of the company's stock valued at $146,000 after purchasing an additional 1,565 shares during the last quarter. Sequoia Financial Advisors LLC acquired a new position in Estée Lauder Companies during the fourth quarter valued at approximately $358,000. Finally, AGF Management Ltd. acquired a new position in Estée Lauder Companies during the fourth quarter valued at approximately $213,000. Institutional investors and hedge funds own 55.15% of the company's stock.

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Estée Lauder Companies Price Performance

Estée Lauder Companies stock traded down $0.36 during mid-day trading on Wednesday, hitting $67.68. 2,666,681 shares of the company were exchanged, compared to its average volume of 3,715,107. The company has a quick ratio of 0.97, a current ratio of 1.37 and a debt-to-equity ratio of 1.75. The business has a fifty day moving average of $73.33 and a 200 day moving average of $78.33. The Estée Lauder Companies Inc. has a 1-year low of $62.29 and a 1-year high of $155.73. The company has a market capitalization of $24.30 billion, a PE ratio of -34.71, a price-to-earnings-growth ratio of 6.09 and a beta of 1.08.

Estée Lauder Companies (NYSE:EL - Get Free Report) last released its quarterly earnings data on Tuesday, February 4th. The company reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.32 by $0.30. Estée Lauder Companies had a positive return on equity of 16.82% and a negative net margin of 4.61%. The firm had revenue of $4 billion during the quarter, compared to analyst estimates of $3.98 billion. During the same period in the prior year, the company posted $0.88 earnings per share. The business's revenue for the quarter was down 6.4% compared to the same quarter last year. As a group, sell-side analysts expect that The Estée Lauder Companies Inc. will post 1.36 earnings per share for the current year.

Estée Lauder Companies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Friday, February 28th were paid a $0.35 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.07%. Estée Lauder Companies's dividend payout ratio (DPR) is presently -71.79%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on EL. Stifel Nicolaus reduced their price objective on Estée Lauder Companies from $81.00 to $77.00 and set a "hold" rating for the company in a research report on Wednesday, February 5th. Wells Fargo & Company increased their price objective on Estée Lauder Companies from $74.00 to $80.00 and gave the company an "equal weight" rating in a research report on Thursday, January 30th. Deutsche Bank Aktiengesellschaft reduced their price objective on Estée Lauder Companies from $80.00 to $78.00 and set a "hold" rating for the company in a research report on Wednesday, January 22nd. Morgan Stanley reduced their price objective on Estée Lauder Companies from $85.00 to $81.00 and set an "equal weight" rating for the company in a research report on Thursday, February 6th. Finally, Barclays reduced their price objective on Estée Lauder Companies from $71.00 to $64.00 and set an "equal weight" rating for the company in a research report on Thursday, February 6th. Twenty investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $86.00.

Insider Activity

In other Estée Lauder Companies news, CFO Akhil Shrivastava bought 700 shares of the stock in a transaction dated Wednesday, February 5th. The stock was bought at an average cost of $65.79 per share, for a total transaction of $46,053.00. Following the completion of the purchase, the chief financial officer now owns 2,381 shares in the company, valued at $156,645.99. This represents a 41.64 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Paul J. Fribourg bought 43,000 shares of the stock in a transaction dated Wednesday, February 5th. The stock was acquired at an average price of $66.35 per share, with a total value of $2,853,050.00. Following the completion of the purchase, the director now owns 430,800 shares of the company's stock, valued at $28,583,580. This represents a 11.09 % increase in their position. The disclosure for this purchase can be found here. 12.78% of the stock is currently owned by corporate insiders.

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.