Motco raised its holdings in The Estée Lauder Companies Inc. (NYSE:EL – Get Rating) by 41,168.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 27,237 shares of the The company’s stock after purchasing an additional 27,171 shares during the period. Motco’s holdings in Estée Lauder Companies were worth $5,880,000 at the end of the most recent reporting period.

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Other large investors have also recently modified their holdings of the company. Truvestments Capital LLC purchased a new position in shares of Estée Lauder Companies in the second quarter worth about $25,000. Vigilant Capital Management LLC increased its stake in shares of Estée8. in the third quarter. Vigilant Capital Management LLC now owns 114 shares of the company’s stock worth $25,000 after purchasing an additional 84 shares in the last quarter. CoreCap Advisors LLC purchased a new position in shares of Estée Lauder Companies in the outer quorth3, . BDO Wealth Advisors LLC increased its stake in shares of Estée Lauder Companies by 450.0% in the second quarter. BDO Wealth Advisors LLC now owns 132 shares of the company’s stock worth $34,000 after purchasing an additional 108 shares in the J last Wealth Management LLC increased its stake in shares of Estée Lauder Companies by 261.5% in the second quarter. Janiczek Wealth Management LLC now owns 141 shares of the company’s stock worth $39,000 after purchasing an additional 102 shares in the last quarter. Hedge funds and other institutional investors own 55.74% of the company’s stock.

Estée Lauder Companies Trading Up 0.7 %

NYSE:EL opened at $261.21 on Friday. The company has a fifty day moving average of $242.22 and a 200 day moving average of $241.56. The Estée Lauder Companies Inc. has a 52 week low of $186.47 and a 52 week high of $324.70. The The company has a quick ratio of 1.11, a current ratio of 1.68 and a debt-to-equity ratio of 0.93. The firm has a market capitalization of $93.20 billion, a P/E ratio of 43.32, a P/E/G ratio of 5.22 and a beta of 0.95.

Estée Lauder Companies (NYSE:EL – Get Rating) last posted its quarterly earnings results on Wednesday, November 2nd. The company reported $1.37 EPS for the quarter, beating analysts’ consensus estimates of $1.29 by $0.08. Estée Lauder Companies had a margin of a net 12.66% and a return on equity of 41.46%. The company had revenue of $3.93 billion during the quarter, compared to analyst estimates of $3.92 billion. On average, research analysts predict that The Estée Lauder Companies Inc. will post 5.35 earnings per share the current year.

Estée Lauder Companies Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, December 15th. Investors of record on Wednesday, November 30th were issued a dividend of $0.66 per share. This is a positive change from Estée Lauder Companies’s previous quarter of 0dividend. This represents a $2.64 dividend on an annualized basis and a yield of 1.01%. The ex-dividend date was Tuesday, November 29th. Estée Lauder Companies’s dividend payout ratio is currently 44.07%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on EL. Morgan Stanley lifted their target price on shares of Estée Lauder Companies from $271.00 to $281.00 and gave the stock an “overweight” rating in a research note on Tuesday. Telsey Advisory Group reduced their price objective shares of Estée Lauder Companies from $377.00 to $275.00 and set an “outperform” rating for the company in a research note on Thursday, November 3rd. JPMorgan Chase & Co. boosted their price objective on shares of Estée Lauder Companies from $274.00 to $285.00 and gave the company an “overweight” rating in a research note on Friday, January 13th. Credit Suisse Group reduced their price objective on shares of Estée Lauder Companies from $260.00 to $215.00 and set an “outperform” rating for the company in a research note on Thursday , November 3rd. Finally, Royal Bank of Canada reduced their price objective on shares of Estée Lauder Companies from $313.00 to $287.00 and set an “outperform” rating for the compa ny in a research note on Thursday, November 3rd. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Estée Lauder Companies presently has a consensus rating of “Moderate Buy” and a consensus target price of $270.17.

Estée Lauder Companies Company Profile

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The Estée Lauder Companies Inc manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. It offers a range of skin care products, including moisturizers, serums, cleansers, toners, body care, exfoliators, acne care and oil correctors, facial masks, cleansing devices, 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.

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