TD Asset Management Inc. boosted its position in shares of Estee Lauder Companies Inc (NYSE:EL) by 24.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 173,551 shares of the company’s stock after purchasing an additional 34,474 shares during the quarter. TD Asset Management Inc.’s holdings in Estee Lauder Companies were worth $22,579,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Highwater Wealth Management LLC bought a new stake in Estee Lauder Companies during the 4th quarter worth about $89,000. BTIM Corp. increased its stake in shares of Estee Lauder Companies by 2.0% in the 4th quarter. BTIM Corp. now owns 227,781 shares of the company’s stock valued at $29,635,000 after acquiring an additional 4,500 shares during the last quarter. OLD National Bancorp IN increased its stake in shares of Estee Lauder Companies by 2.4% in the 3rd quarter. OLD National Bancorp IN now owns 47,510 shares of the company’s stock valued at $6,904,000 after acquiring an additional 1,128 shares during the last quarter. Boston Advisors LLC increased its stake in shares of Estee Lauder Companies by 2.0% in the 4th quarter. Boston Advisors LLC now owns 9,876 shares of the company’s stock valued at $1,285,000 after acquiring an additional 190 shares during the last quarter. Finally, Bath Savings Trust Co increased its stake in shares of Estee Lauder Companies by 14.1% in the 4th quarter. Bath Savings Trust Co now owns 34,459 shares of the company’s stock valued at $4,483,000 after acquiring an additional 4,247 shares during the last quarter. 54.38% of the stock is owned by hedge funds and other institutional investors.

In other Estee Lauder Companies news, EVP Alexandra C. Trower sold 4,781 shares of the company’s stock in a transaction that occurred on Wednesday, November 14th. The stock was sold at an average price of $145.02, for a total transaction of $693,340.62. Following the completion of the transaction, the executive vice president now owns 18,584 shares of the company’s stock, valued at approximately $2,695,051.68. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Fabrizio Freda sold 98,262 shares of the company’s stock in a transaction that occurred on Thursday, February 7th. The stock was sold at an average price of $152.20, for a total value of $14,955,476.40. Following the transaction, the chief executive officer now directly owns 171,436 shares of the company’s stock, valued at approximately $26,092,559.20. The disclosure for this sale can be found here. Insiders sold a total of 471,866 shares of company stock valued at $68,862,759 over the last quarter. 16.13% of the stock is owned by insiders.

Shares of EL opened at $154.71 on Friday. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.71 and a quick ratio of 1.28. Estee Lauder Companies Inc has a 52-week low of $121.47 and a 52-week high of $158.80. The company has a market capitalization of $56.14 billion, a P/E ratio of 34.30, a price-to-earnings-growth ratio of 2.46 and a beta of 0.65.

Estee Lauder Companies (NYSE:EL) last issued its quarterly earnings data on Tuesday, February 5th. The company reported $1.74 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.54 by $0.20. Estee Lauder Companies had a return on equity of 40.38% and a net margin of 11.49%. The business had revenue of $4.01 billion during the quarter, compared to analyst estimates of $3.92 billion. During the same period in the previous year, the firm earned $1.52 EPS. Estee Lauder Companies’s quarterly revenue was up 7.0% compared to the same quarter last year. Equities analysts forecast that Estee Lauder Companies Inc will post 5.03 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 15th. Investors of record on Thursday, February 28th will be given a $0.43 dividend. The ex-dividend date is Wednesday, February 27th. This represents a $1.72 annualized dividend and a dividend yield of 1.11%. Estee Lauder Companies’s dividend payout ratio is presently 38.14%.

EL has been the subject of a number of recent analyst reports. Piper Jaffray Companies set a $152.00 price target on Estee Lauder Companies and gave the company a “buy” rating in a research note on Monday, October 22nd. Stifel Nicolaus lowered their price target on Estee Lauder Companies from $150.00 to $145.00 and set a “buy” rating for the company in a research note on Monday, October 15th. Zacks Investment Research reaffirmed a “buy” rating and issued a $159.00 price target on shares of Estee Lauder Companies in a research note on Tuesday, November 13th. Citigroup raised Estee Lauder Companies from a “neutral” rating to a “buy” rating and upped their price target for the company from $145.00 to $155.00 in a research note on Wednesday, January 2nd. Finally, ValuEngine raised Estee Lauder Companies from a “hold” rating to a “buy” rating in a research note on Wednesday, January 30th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and sixteen have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $153.45.

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Estee Lauder Companies Profile

The Estée Lauder Companies Inc manufactures and markets skin care, makeup, fragrance, and hair care products. The company offers a range of skin care products, such as moisturizers, serums, cleansers, toners, body care products, exfoliators, acne care products, facial masks, cleansing devices, and sun care products; and makeup products, including lipsticks, lip glosses, mascaras, foundations, eyeshadows, nail polishes, and powders, as well as related items, including compacts, brushes, and other makeup tools.

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

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