Schroder Investment Management Group Has $7.71 Million Stock Holdings in The Estée Lauder Companies Inc. (NYSE:EL)

Schroder Investment Management Group trimmed its stake in shares of The Estée Lauder Companies Inc. (NYSE:EL) by 89.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 103,865 shares of the company’s stock after selling 888,956 shares during the quarter. Schroder Investment Management Group’s holdings in Estée Lauder Companies were worth $7,706,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Ameliora Wealth Management Ltd. acquired a new stake in Estée Lauder Companies in the 4th quarter valued at $29,000. Deseret Mutual Benefit Administrators lifted its holdings in shares of Estée Lauder Companies by 68.7% during the fourth quarter. Deseret Mutual Benefit Administrators now owns 388 shares of the company’s stock valued at $29,000 after acquiring an additional 158 shares during the period. Eagle Bay Advisors LLC boosted its stake in shares of Estée Lauder Companies by 297.0% in the 4th quarter. Eagle Bay Advisors LLC now owns 401 shares of the company’s stock valued at $30,000 after purchasing an additional 300 shares in the last quarter. Golden State Wealth Management LLC bought a new stake in shares of Estée Lauder Companies in the 4th quarter worth about $30,000. Finally, MassMutual Private Wealth & Trust FSB increased its position in shares of Estée Lauder Companies by 42.1% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 476 shares of the company’s stock worth $36,000 after purchasing an additional 141 shares in the last quarter. 55.15% of the stock is currently owned by institutional investors.

Insider Activity at Estée Lauder Companies

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

Wall Street Analyst Weigh In

Several analysts have weighed in on the stock. DA Davidson reaffirmed a “buy” rating and set a $81.00 price objective on shares of Estée Lauder Companies in a research note on Tuesday, February 25th. Barclays decreased their price target on Estée Lauder Companies from $71.00 to $64.00 and set an “equal weight” rating on the stock in a research report on Thursday, February 6th. UBS Group lifted their price objective on Estée Lauder Companies from $74.00 to $80.00 and gave the company a “neutral” rating in a research report on Thursday, January 16th. Stifel Nicolaus decreased their target price on Estée Lauder Companies from $81.00 to $77.00 and set a “hold” rating on the stock in a report on Wednesday, February 5th. Finally, Morgan Stanley cut their price target on Estée Lauder Companies from $85.00 to $81.00 and set an “equal weight” rating for the company in a report on Thursday, February 6th. Twenty research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $86.00.

Estée Lauder Companies Trading Down 9.1 %

NYSE:EL opened at $52.89 on Friday. The company has a current ratio of 1.37, a quick ratio of 0.97 and a debt-to-equity ratio of 1.75. The Estée Lauder Companies Inc. has a 1-year low of $51.48 and a 1-year high of $149.91. The firm has a market capitalization of $18.99 billion, a price-to-earnings ratio of -27.12, a PEG ratio of 6.09 and a beta of 1.10. The business’s 50-day moving average price is $70.31 and its two-hundred day moving average price is $76.43.

Estée Lauder Companies (NYSE:EL) last announced its quarterly earnings results on Tuesday, February 4th. The company reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.32 by $0.30. The business had revenue of $4 billion for the quarter, compared to the consensus estimate of $3.98 billion. Estée Lauder Companies had a negative net margin of 4.61% and a positive return on equity of 16.82%. Estée Lauder Companies’s revenue for the quarter was down 6.4% on a year-over-year basis. During the same period last year, the company posted $0.88 EPS. On average, equities 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 company also recently declared a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Friday, February 28th were issued a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 2.65%. The ex-dividend date of this dividend was Friday, February 28th. Estée Lauder Companies’s dividend payout ratio (DPR) is -71.79%.

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.