Savant Capital LLC Has $4.35 Million Stock Holdings in Ralph Lauren Co. (NYSE:RL)

Savant Capital LLC increased its holdings in shares of Ralph Lauren Co. (NYSE:RL) by 0.7% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 18,837 shares of the textile maker’s stock after purchasing an additional 127 shares during the period. Savant Capital LLC’s holdings in Ralph Lauren were worth $4,351,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Huntington National Bank lifted its position in shares of Ralph Lauren by 86.6% during the 3rd quarter. Huntington National Bank now owns 222 shares of the textile maker’s stock worth $43,000 after purchasing an additional 103 shares during the last quarter. True Wealth Design LLC raised its holdings in Ralph Lauren by 8,933.3% in the 3rd quarter. True Wealth Design LLC now owns 271 shares of the textile maker’s stock valued at $53,000 after acquiring an additional 268 shares in the last quarter. AM Squared Ltd acquired a new position in Ralph Lauren in the 3rd quarter valued at approximately $58,000. Versant Capital Management Inc raised its holdings in Ralph Lauren by 333.3% in the 4th quarter. Versant Capital Management Inc now owns 351 shares of the textile maker’s stock valued at $81,000 after acquiring an additional 270 shares in the last quarter. Finally, Transamerica Financial Advisors Inc. acquired a new position in Ralph Lauren in the 3rd quarter valued at approximately $86,000. Institutional investors and hedge funds own 67.91% of the company’s stock.

Analysts Set New Price Targets

Several research firms have commented on RL. BNP Paribas raised Ralph Lauren to a “strong-buy” rating in a report on Thursday, January 23rd. TD Cowen upped their price target on Ralph Lauren from $258.00 to $268.00 and gave the company a “buy” rating in a report on Tuesday, February 4th. Telsey Advisory Group reiterated an “outperform” rating and issued a $265.00 price objective on shares of Ralph Lauren in a research note on Tuesday, February 4th. Cfra set a $171.00 price objective on Ralph Lauren in a research note on Thursday, October 17th. Finally, Raymond James lowered Ralph Lauren from an “outperform” rating to a “market perform” rating in a research note on Monday, January 27th. Three research analysts have rated the stock with a hold rating, eight have assigned 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 price target of $276.55.

Ralph Lauren Stock Performance

RL stock opened at $272.06 on Wednesday. The business’s fifty day moving average is $240.51 and its 200-day moving average is $207.91. The company has a quick ratio of 1.18, a current ratio of 1.76 and a debt-to-equity ratio of 0.39. The company has a market cap of $16.90 billion, a P/E ratio of 24.82, a price-to-earnings-growth ratio of 2.03 and a beta of 1.49. Ralph Lauren Co. has a twelve month low of $155.96 and a twelve month high of $289.33.

Ralph Lauren (NYSE:RL) last posted its quarterly earnings results on Thursday, February 6th. The textile maker reported $4.82 earnings per share for the quarter, beating analysts’ consensus estimates of $4.46 by $0.36. Ralph Lauren had a return on equity of 30.88% and a net margin of 10.14%. Equities research analysts forecast that Ralph Lauren Co. will post 11.73 EPS for the current year.

Ralph Lauren Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 10th. Investors of record on Friday, December 27th were paid a dividend of $0.825 per share. This represents a $3.30 annualized dividend and a yield of 1.21%. The ex-dividend date was Friday, December 27th. Ralph Lauren’s payout ratio is presently 30.11%.

About Ralph Lauren

Ralph Lauren Corporation designs, markets, and distributes lifestyle products in North America, Europe, Asia, and internationally. The company offers apparel, including a range of men’s, women’s, and children’s clothing; footwear and accessories, which comprise casual shoes, dress shoes, boots, sneakers, sandals, eyewear, watches, fashion and fine jewelry, scarves, hats, gloves, and umbrellas, as well as leather goods, such as handbags, luggage, small leather goods, and belts; home products consisting of bed and bath lines, furniture, fabric and wallcoverings, floor coverings, lighting, tabletop, kitchen linens, floor coverings, dining, decorative accessories, and giftware; and fragrances.