Coldstream Capital Management Inc. Grows Stock Position in The Estée Lauder Companies Inc. (NYSE:EL)

Coldstream Capital Management Inc. boosted its holdings in The Estée Lauder Companies Inc. (NYSE:EL) by 5.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 4,464 shares of the company’s stock after buying an additional 225 shares during the period. Coldstream Capital Management Inc.’s holdings in Estée Lauder Companies were worth $438,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors 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. Farther Finance Advisors LLC raised its stake in Estée Lauder Companies by 30.9% during the third quarter. Farther Finance Advisors LLC now owns 639 shares of the company’s stock worth $64,000 after purchasing an additional 151 shares during the period. Horizon Bancorp Inc. IN boosted its holdings in shares of Estée Lauder Companies by 22.3% in the 2nd quarter. Horizon Bancorp Inc. IN now owns 844 shares of the company’s stock valued at $90,000 after purchasing an additional 154 shares during the last quarter. Chilton Capital Management LLC grew its stake in shares of Estée Lauder Companies by 63.9% during the 2nd quarter. Chilton Capital Management LLC now owns 431 shares of the company’s stock valued at $46,000 after buying an additional 168 shares during the period. Finally, Biltmore Family Office LLC increased its holdings in shares of Estée Lauder Companies by 7.8% during the 3rd quarter. Biltmore Family Office LLC now owns 2,376 shares of the company’s stock worth $237,000 after buying an additional 171 shares during the last quarter. Hedge funds and other institutional investors own 55.15% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have issued reports on EL. Morgan Stanley lowered their price target on Estée Lauder Companies from $100.00 to $85.00 and set an “equal weight” rating for the company in a research report on Friday, November 1st. B. Riley decreased their target price on Estée Lauder Companies from $95.00 to $70.00 and set a “neutral” rating for the company in a report on Monday, November 4th. Evercore ISI dropped their target price on shares of Estée Lauder Companies from $180.00 to $130.00 and set an “outperform” rating for the company in a research report on Tuesday, August 20th. HSBC cut shares of Estée Lauder Companies from a “buy” rating to a “hold” rating and set a $100.00 price target on the stock. in a research report on Wednesday, October 16th. Finally, Hsbc Global Res lowered shares of Estée Lauder Companies from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 16th. Nineteen equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $98.57.

Insider Transactions at Estée Lauder Companies

In other Estée Lauder Companies news, Director Paul J. Fribourg bought 77,500 shares of the company’s stock in a transaction on Friday, November 15th. The shares were bought at an average cost of $64.01 per share, with a total value of $4,960,775.00. Following the completion of the acquisition, the director now owns 234,500 shares of the company’s stock, valued at approximately $15,010,345. This trade represents a 49.36 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Fabrizio Freda sold 10,969 shares of Estée Lauder Companies stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $67.76, for a total transaction of $743,259.44. Following the completion of the transaction, the chief executive officer now directly owns 295,838 shares of the company’s stock, valued at $20,045,982.88. This trade represents a 3.58 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 12.78% of the company’s stock.

Estée Lauder Companies Price Performance

Shares of NYSE EL opened at $80.04 on Friday. The company has a quick ratio of 0.90, a current ratio of 1.32 and a debt-to-equity ratio of 1.44. The Estée Lauder Companies Inc. has a fifty-two week low of $62.29 and a fifty-two week high of $159.75. The business has a 50 day moving average price of $78.25 and a two-hundred day moving average price of $92.62. The firm has a market cap of $28.73 billion, a PE ratio of 142.93, a price-to-earnings-growth ratio of 5.33 and a beta of 1.05.

Estée Lauder Companies (NYSE:EL) last released its quarterly earnings results on Thursday, October 31st. The company reported $0.14 earnings per share 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 the consensus estimate 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 last year, the company earned $0.11 earnings per share. Sell-side analysts expect that The Estée Lauder Companies Inc. will post 1.46 earnings per share for the current fiscal year.

Estée Lauder Companies Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Friday, November 29th will be paid 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 1.75%. Estée Lauder Companies’s dividend payout ratio (DPR) is presently 250.00%.

Estée Lauder Companies 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.