NBT Bank N A NY Has $51,000 Holdings in The Estée Lauder Companies Inc. (NYSE:EL)

NBT Bank N A NY lessened its stake in shares of The Estée Lauder Companies Inc. (NYSE:EL) by 23.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 676 shares of the company’s stock after selling 212 shares during the period. NBT Bank N A NY’s holdings in Estée Lauder Companies were worth $51,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Peterson Wealth Services raised its holdings in Estée Lauder Companies by 9.8% during the 4th quarter. Peterson Wealth Services now owns 1,506 shares of the company’s stock worth $113,000 after buying an additional 134 shares during the period. MassMutual Private Wealth & Trust FSB raised its holdings in Estée Lauder Companies by 42.1% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 476 shares of the company’s stock worth $36,000 after buying an additional 141 shares during the period. Blue Trust Inc. raised its holdings in Estée Lauder Companies by 8.7% during the 4th quarter. Blue Trust Inc. now owns 1,853 shares of the company’s stock worth $139,000 after buying an additional 148 shares during the period. Farther Finance Advisors LLC increased its holdings in shares of Estée Lauder Companies by 30.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 639 shares of the company’s stock valued at $64,000 after purchasing an additional 151 shares during the period. Finally, Smartleaf Asset Management LLC increased its holdings in shares of Estée Lauder Companies by 47.4% in the 4th quarter. Smartleaf Asset Management LLC now owns 479 shares of the company’s stock valued at $36,000 after purchasing an additional 154 shares during the period. Institutional investors and hedge funds own 55.15% of the company’s stock.

Estée Lauder Companies Stock Down 3.4 %

Shares of Estée Lauder Companies stock opened at $69.60 on Wednesday. The stock has a market capitalization of $24.98 billion, a P/E ratio of -35.69, a PEG ratio of 6.09 and a beta of 1.08. The company has a quick ratio of 0.97, a current ratio of 1.37 and a debt-to-equity ratio of 1.75. The stock has a 50 day moving average price of $74.01 and a two-hundred day moving average price of $79.22. The Estée Lauder Companies Inc. has a 12-month low of $62.29 and a 12-month high of $159.54.

Estée Lauder Companies (NYSE:EL) last posted its quarterly earnings data on Tuesday, February 4th. The company reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.30. Estée Lauder Companies had a positive return on equity of 16.82% and a negative net margin of 4.61%. The company had revenue of $4 billion during the quarter, compared to analysts’ expectations of $3.98 billion. During the same period in the prior year, the business earned $0.88 earnings per share. Estée Lauder Companies’s revenue for the quarter was down 6.4% compared to the same quarter last year. Equities analysts expect that The Estée Lauder Companies Inc. will post 1.36 earnings per share for the current year.

Estée Lauder Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Friday, February 28th will be given a $0.35 dividend. The ex-dividend date is Friday, February 28th. This represents a $1.40 annualized dividend and a dividend yield of 2.01%. Estée Lauder Companies’s dividend payout ratio is -71.79%.

Analyst Ratings Changes

EL has been the topic of a number of research reports. Canaccord Genuity Group dropped their target price on Estée Lauder Companies from $76.00 to $70.00 and set a “hold” rating on the stock in a report on Wednesday, February 5th. Telsey Advisory Group reiterated a “market perform” rating and issued a $76.00 target price on shares of Estée Lauder Companies in a report on Tuesday, February 4th. Stifel Nicolaus dropped their target price on Estée Lauder Companies from $81.00 to $77.00 and set a “hold” rating on the stock in a report on Wednesday, February 5th. Wells Fargo & Company upped their target price on Estée Lauder Companies from $74.00 to $80.00 and gave the company an “equal weight” rating in a report on Thursday, January 30th. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on Estée Lauder Companies from $80.00 to $78.00 and set a “hold” rating on the stock in a report on Wednesday, January 22nd. Twenty investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, Estée Lauder Companies presently has an average rating of “Hold” and a consensus price target of $86.00.

Insider Activity

In other news, CFO Akhil Shrivastava bought 700 shares of the business’s stock in a transaction that occurred on Wednesday, February 5th. The stock was acquired at an average cost of $65.79 per share, for a total transaction of $46,053.00. Following the completion of the purchase, the chief financial officer now owns 2,381 shares of the company’s stock, valued at $156,645.99. This trade represents a 41.64 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Paul J. Fribourg bought 43,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 5th. The stock was purchased at an average price of $66.35 per share, with a total value of $2,853,050.00. Following the completion of the purchase, the director now directly owns 430,800 shares of the company’s stock, valued at $28,583,580. This represents a 11.09 % increase in their position. The disclosure for this purchase can be found here. 12.78% of the stock is owned by company insiders.

Estée Lauder Companies Company 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.