Angeles Investment Advisors LLC Increases Stock Holdings in The Estée Lauder Companies Inc. (NYSE:EL)

Angeles Investment Advisors LLC raised its position in shares of The Estée Lauder Companies Inc. (NYSE:EL) by 10.0% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,845 shares of the company’s stock after acquiring an additional 350 shares during the period. Angeles Investment Advisors LLC’s holdings in The Estée Lauder Companies were worth $1,118,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently added to or reduced their stakes in the company. Flagship Harbor Advisors LLC boosted its stake in The Estée Lauder Companies by 3.2% during the first quarter. Flagship Harbor Advisors LLC now owns 1,130 shares of the company’s stock worth $329,000 after buying an additional 35 shares during the last quarter. Evolution Wealth Advisors LLC boosted its holdings in shares of The Estée Lauder Companies by 51.4% during the first quarter. Evolution Wealth Advisors LLC now owns 106 shares of the company’s stock worth $31,000 after purchasing an additional 36 shares during the last quarter. Schmidt P J Investment Management Inc. boosted its holdings in The Estée Lauder Companies by 0.7% in the first quarter. Schmidt P J Investment Management Inc. now owns 6,007 shares of the company’s stock valued at $1,903,000 after acquiring an additional 40 shares during the last quarter. First Hawaiian Bank lifted its stake in shares of The Estée Lauder Companies by 4.8% during the first quarter. First Hawaiian Bank now owns 960 shares of the company’s stock worth $279,000 after purchasing an additional 44 shares in the last quarter. Finally, Atlas Capital Advisors LLC increased its holdings in The Estée Lauder Companies by 3.2% in the first quarter. Atlas Capital Advisors LLC now owns 1,489 shares of the company’s stock valued at $433,000 after buying an additional 46 shares during the last quarter. Institutional investors own 55.58% of the company’s stock.

Several brokerages have issued reports on EL. Argus boosted their target price on shares of The Estée Lauder Companies from $320.00 to $340.00 and gave the company a “buy” rating in a research note on Wednesday, April 7th. Raymond James raised shares of The Estée Lauder Companies from a “market perform” rating to a “strong-buy” rating and set a $355.00 price target on the stock in a research report on Tuesday, July 13th. Societe Generale assumed coverage on shares of The Estée Lauder Companies in a research note on Wednesday, July 14th. They issued a “hold” rating and a $335.00 price target on the stock. Telsey Advisory Group boosted their price objective on shares of The Estée Lauder Companies from $300.00 to $355.00 and gave the company an “outperform” rating in a report on Thursday, April 29th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of The Estée Lauder Companies in a research report on Wednesday, June 9th. Five equities research analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $316.04.

EL stock traded up $0.37 during trading on Thursday, hitting $323.45. 8,890 shares of the company traded hands, compared to its average volume of 1,040,069. The stock’s 50-day moving average is $308.01. The company has a current ratio of 2.12, a quick ratio of 1.71 and a debt-to-equity ratio of 0.99. The firm has a market capitalization of $117.25 billion, a P/E ratio of 86.15, a PEG ratio of 4.25 and a beta of 0.94. The Estée Lauder Companies Inc. has a 1 year low of $187.75 and a 1 year high of $328.65.

The Estée Lauder Companies (NYSE:EL) last posted its quarterly earnings data on Sunday, May 2nd. The company reported $1.62 EPS for the quarter, beating the Zacks’ consensus estimate of $1.32 by $0.30. The business had revenue of $3.86 billion during the quarter, compared to analysts’ expectations of $3.90 billion. The Estée Lauder Companies had a return on equity of 39.04% and a net margin of 9.45%. The business’s revenue was up 15.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.85 earnings per share. Research analysts predict that The Estée Lauder Companies Inc. will post 6.17 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 15th. Stockholders of record on Friday, May 28th were given a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.66%. The ex-dividend date was Thursday, May 27th. The Estée Lauder Companies’s dividend payout ratio (DPR) is presently 51.46%.

In other The Estée Lauder Companies news, Director Charlene Barshefsky sold 910 shares of the stock in a transaction that occurred on Tuesday, May 4th. The stock was sold at an average price of $293.54, for a total transaction of $267,121.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Zinterhofer Aerin Lauder Trust sold 170,000 shares of the stock in a transaction that occurred on Tuesday, June 8th. The stock was sold at an average price of $301.46, for a total value of $51,248,200.00. The disclosure for this sale can be found here. Insiders sold 356,407 shares of company stock worth $110,030,350 over the last ninety days. Corporate insiders own 13.95% of the company’s stock.

The Estée Lauder Companies Company Profile

The Estée Lauder Companies, Inc engages in the manufacturing of skin care, makeup, fragrance and hair care products. It sells products under the following brand names: Estée Lauder, Clinique, Origins, MAC, Bobbi Brown, La Mer, Jo Malone London, Aveda, and Too Faced. Its channels primarily consist of department stores, specialty multi-brand retailers, upscale perfumeries and pharmacies, and prestige salons and spas.

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Institutional Ownership by Quarter for The Estée Lauder Companies (NYSE:EL)

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