Winslow Asset Management Inc. Has $5.33 Million Stake in The Estée Lauder Companies Inc. (NYSE:EL)

Winslow Asset Management Inc. grew its stake in The Estée Lauder Companies Inc. (NYSE:EL) by 0.9% in the third quarter, Holdings Channel.com reports. The institutional investor owned 53,433 shares of the company’s stock after buying an additional 501 shares during the quarter. Winslow Asset Management Inc.’s holdings in Estée Lauder Companies were worth $5,327,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Crewe Advisors LLC bought a new stake in shares of Estée Lauder Companies during the 1st quarter worth $35,000. Rothschild Investment LLC acquired a new position in Estée Lauder Companies during the 2nd quarter worth $30,000. PARK CIRCLE Co bought a new stake in Estée Lauder Companies during the second quarter valued at about $32,000. Kimelman & Baird LLC acquired a new stake in shares of Estée Lauder Companies in the second quarter valued at about $32,000. Finally, Ashton Thomas Securities LLC acquired a new stake in shares of Estée Lauder Companies in the third quarter valued at about $31,000. Institutional investors own 55.15% of the company’s stock.

Estée Lauder Companies Stock Performance

Estée Lauder Companies stock opened at $64.58 on Tuesday. The stock has a fifty day moving average price of $86.83 and a two-hundred day moving average price of $102.55. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.32 and a quick ratio of 0.90. The Estée Lauder Companies Inc. has a 52-week low of $62.88 and a 52-week high of $159.75. The firm has a market capitalization of $23.18 billion, a P/E ratio of 115.32, a P/E/G ratio of 3.86 and a beta of 1.05.

Estée Lauder Companies (NYSE:EL) last announced its quarterly earnings results on Thursday, October 31st. The company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.05. The firm 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 firm’s quarterly revenue was down 4.5% on a year-over-year basis. During the same period last year, the firm posted $0.11 EPS. As a group, analysts anticipate that The Estée Lauder Companies Inc. will post 1.59 EPS for the current fiscal year.

Estée Lauder Companies Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Friday, November 29th will be given a $0.35 dividend. The ex-dividend date is Friday, November 29th. This represents a $1.40 annualized dividend and a yield of 2.17%. Estée Lauder Companies’s payout ratio is 471.43%.

Insider Activity

In other news, Director Lynn Forester sold 3,890 shares of the company’s stock in a transaction that occurred on Friday, August 23rd. The shares were sold at an average price of $93.61, for a total transaction of $364,142.90. Following the transaction, the director now directly owns 15,209 shares in the company, valued at approximately $1,423,714.49. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In related news, Director Lynn Forester sold 3,890 shares of the firm’s stock in a transaction dated Friday, August 23rd. The stock was sold at an average price of $93.61, for a total value of $364,142.90. Following the transaction, the director now owns 15,209 shares in the company, valued at $1,423,714.49. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Fabrizio Freda sold 10,969 shares of Estée Lauder Companies stock in a transaction dated Friday, November 1st. The stock was sold at an average price of $67.76, for a total value of $743,259.44. Following the completion of the sale, the chief executive officer now owns 295,838 shares of the company’s stock, valued at approximately $20,045,982.88. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 18,296 shares of company stock worth $1,423,366. 12.78% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on EL shares. StockNews.com downgraded Estée Lauder Companies from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. DA Davidson restated a “buy” rating and issued a $130.00 price objective on shares of Estée Lauder Companies in a research note on Tuesday, October 29th. Royal Bank of Canada cut their target price on shares of Estée Lauder Companies from $131.00 to $100.00 and set an “outperform” rating for the company in a research note on Friday, November 1st. Citigroup lowered shares of Estée Lauder Companies from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $105.00 to $80.00 in a research report on Thursday, October 31st. Finally, JPMorgan Chase & Co. lowered shares of Estée Lauder Companies from an “overweight” rating to a “neutral” rating and cut their price objective for the company from $113.00 to $74.00 in a research report on Friday, November 1st. Nineteen analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $100.90.

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.