Boston Trust Walden Corp Has $38.83 Million Stock Position in The Estée Lauder Companies Inc. (NYSE:EL)

Boston Trust Walden Corp boosted its stake in The Estée Lauder Companies Inc. (NYSE:ELGet Rating) by 3.9% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 142,584 shares of the company’s stock after buying an additional 5,378 shares during the period. Boston Trust Walden Corp’s holdings in Estée Lauder Companies were worth $38,828,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Rise Advisors LLC acquired a new position in shares of Estée Lauder Companies during the 4th quarter worth approximately $25,000. American National Bank boosted its position in shares of Estée Lauder Companies by 147.6% during the 1st quarter. American National Bank now owns 104 shares of the company’s stock worth $28,000 after acquiring an additional 62 shares in the last quarter. Icapital Wealth LLC acquired a new stake in shares of Estée Lauder Companies during the 1st quarter worth approximately $29,000. Harbor Investment Advisory LLC boosted its position in shares of Estée Lauder Companies by 73.9% during the 4th quarter. Harbor Investment Advisory LLC now owns 80 shares of the company’s stock worth $30,000 after acquiring an additional 34 shares in the last quarter. Finally, Mascoma Wealth Management LLC boosted its position in shares of Estée Lauder Companies by 8,400.0% during the 4th quarter. Mascoma Wealth Management LLC now owns 85 shares of the company’s stock worth $31,000 after acquiring an additional 84 shares in the last quarter. Institutional investors and hedge funds own 58.85% of the company’s stock.

NYSE EL opened at $254.67 on Friday. The company’s 50 day moving average is $249.01 and its 200-day moving average is $285.48. The Estée Lauder Companies Inc. has a 12-month low of $225.39 and a 12-month high of $374.20. The company has a quick ratio of 1.23, a current ratio of 1.75 and a debt-to-equity ratio of 0.84. The firm has a market cap of $91.01 billion, a P/E ratio of 27.86, a price-to-earnings-growth ratio of 3.50 and a beta of 1.04.

Estée Lauder Companies (NYSE:ELGet Rating) last issued its quarterly earnings data on Tuesday, May 3rd. The company reported $1.90 EPS for the quarter, beating the consensus estimate of $1.66 by $0.24. The company had revenue of $4.25 billion during the quarter, compared to analysts’ expectations of $4.32 billion. Estée Lauder Companies had a net margin of 18.53% and a return on equity of 45.06%. Estée Lauder Companies’s revenue for the quarter was up 9.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.62 earnings per share. Equities analysts expect that The Estée Lauder Companies Inc. will post 7.15 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 15th. Shareholders of record on Tuesday, May 31st were paid a $0.60 dividend. The ex-dividend date of this dividend was Friday, May 27th. This represents a $2.40 dividend on an annualized basis and a yield of 0.94%. Estée Lauder Companies’s dividend payout ratio is presently 26.26%.

In related news, Director Charlene Barshefsky sold 1,158 shares of the company’s stock in a transaction on Wednesday, May 11th. The shares were sold at an average price of $238.34, for a total transaction of $275,997.72. Following the completion of the sale, the director now directly owns 46,828 shares in the company, valued at approximately $11,160,985.52. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Carl P. Haney sold 548 shares of the company’s stock in a transaction on Friday, June 3rd. The stock was sold at an average price of $263.88, for a total transaction of $144,606.24. Following the completion of the transaction, the executive vice president now owns 3,296 shares of the company’s stock, valued at $869,748.48. The disclosure for this sale can be found here. In the last three months, insiders sold 3,671 shares of company stock valued at $888,117. Corporate insiders own 12.91% of the company’s stock.

Several brokerages recently commented on EL. JPMorgan Chase & Co. dropped their price objective on shares of Estée Lauder Companies from $338.00 to $317.00 and set an “overweight” rating for the company in a research note on Wednesday, March 30th. StockNews.com began coverage on shares of Estée Lauder Companies in a research note on Thursday, March 31st. They set a “hold” rating for the company. Piper Sandler dropped their price target on shares of Estée Lauder Companies from $380.00 to $350.00 and set an “overweight” rating for the company in a research note on Tuesday, April 19th. Wells Fargo & Company dropped their price target on shares of Estée Lauder Companies from $310.00 to $290.00 in a research note on Wednesday, May 4th. Finally, Societe Generale dropped their price target on shares of Estée Lauder Companies to $258.00 and set a “na” rating for the company in a research note on Monday, May 16th. Four equities research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $338.60.

Estée Lauder Companies Profile (Get Rating)

The Estée Lauder Companies Inc manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. The company 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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Institutional Ownership by Quarter for Estée Lauder Companies (NYSE:EL)

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