Cambridge Trust Co. Has $457,000 Stock Position in The Estée Lauder Companies Inc. (NYSE:EL)

Cambridge Trust Co. cut its stake in shares of The Estée Lauder Companies Inc. (NYSE:EL) by 3.5% in the 4th quarter, Holdings Channel reports. The institutional investor owned 3,126 shares of the company’s stock after selling 112 shares during the quarter. Cambridge Trust Co.’s holdings in Estée Lauder Companies were worth $457,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Money Concepts Capital Corp grew its stake in shares of Estée Lauder Companies by 32.3% in the fourth quarter. Money Concepts Capital Corp now owns 209 shares of the company’s stock worth $52,000 after purchasing an additional 51 shares during the last quarter. Fiduciary Trust Co. raised its position in Estée Lauder Companies by 0.7% during the 1st quarter. Fiduciary Trust Co. now owns 7,068 shares of the company’s stock worth $1,742,000 after purchasing an additional 52 shares during the last quarter. Moreno Evelyn V lifted its holdings in Estée Lauder Companies by 0.5% during the 3rd quarter. Moreno Evelyn V now owns 16,492 shares of the company’s stock worth $2,384,000 after buying an additional 75 shares during the period. Magnolia Capital Advisors LLC grew its position in shares of Estée Lauder Companies by 2.6% in the 4th quarter. Magnolia Capital Advisors LLC now owns 3,019 shares of the company’s stock valued at $749,000 after buying an additional 76 shares during the last quarter. Finally, Wetherby Asset Management Inc. increased its stake in shares of Estée Lauder Companies by 1.3% in the first quarter. Wetherby Asset Management Inc. now owns 5,805 shares of the company’s stock valued at $1,431,000 after buying an additional 76 shares during the period. 55.15% of the stock is currently owned by institutional investors.

Estée Lauder Companies Stock Performance

NYSE:EL opened at $144.16 on Friday. The Estée Lauder Companies Inc. has a 1-year low of $102.22 and a 1-year high of $260.46. The firm has a market capitalization of $51.68 billion, a price-to-earnings ratio of 111.39, a PEG ratio of 3.59 and a beta of 1.07. The company’s 50-day moving average is $146.56 and its two-hundred day moving average is $138.07. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.36 and a quick ratio of 0.96.

Estée Lauder Companies (NYSE:EL) last announced its quarterly earnings results on Monday, February 5th. The company reported $0.88 EPS for the quarter, beating the consensus estimate of $0.55 by $0.33. The business had revenue of $4.28 billion for the quarter, compared to analyst estimates of $4.19 billion. Estée Lauder Companies had a return on equity of 9.78% and a net margin of 3.08%. The company’s quarterly revenue was down 7.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.54 EPS. Analysts forecast that The Estée Lauder Companies Inc. will post 2.23 EPS for the current year.

Estée Lauder Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Thursday, February 29th were paid a $0.66 dividend. This represents a $2.64 annualized dividend and a dividend yield of 1.83%. The ex-dividend date was Wednesday, February 28th. Estée Lauder Companies’s payout ratio is 203.08%.

Analysts Set New Price Targets

EL has been the topic of a number of analyst reports. Royal Bank of Canada upped their price objective on shares of Estée Lauder Companies from $115.00 to $131.00 and gave the company a “sector perform” rating in a research note on Tuesday, February 6th. DA Davidson upped their price objective on shares of Estée Lauder Companies from $179.00 to $191.00 and gave the company a “buy” rating in a report on Monday. Deutsche Bank Aktiengesellschaft cut Estée Lauder Companies from a “buy” rating to a “hold” rating and set a $146.00 target price on the stock. in a report on Tuesday, January 2nd. The Goldman Sachs Group started coverage on shares of Estée Lauder Companies in a research note on Friday, March 1st. They set a “neutral” rating and a $145.00 price target for the company. Finally, Raymond James raised their price objective on shares of Estée Lauder Companies from $150.00 to $175.00 and gave the company a “strong-buy” rating in a research note on Tuesday, February 6th. One analyst has rated the stock with a sell rating, fifteen have issued a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $168.00.

About Estée Lauder Companies

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, nail polishes, and powders, as well as compacts, brushes, and other makeup tools.