The Estée Lauder Companies Inc. (NYSE:EL) Shares Bought by Capital Advisors Ltd. LLC

Capital Advisors Ltd. LLC raised its stake in The Estée Lauder Companies Inc. (NYSE:ELGet Rating) by 227.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 367 shares of the company’s stock after purchasing an additional 255 shares during the quarter. Capital Advisors Ltd. LLC’s holdings in Estée Lauder Companies were worth $136,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in EL. Morgan Stanley boosted its holdings in shares of Estée Lauder Companies by 100.7% in the 2nd quarter. Morgan Stanley now owns 3,778,605 shares of the company’s stock valued at $1,201,900,000 after purchasing an additional 1,895,658 shares during the last quarter. Sigma Planning Corp acquired a new position in shares of Estée Lauder Companies during the 3rd quarter valued at $202,000. Benjamin F. Edwards & Company Inc. lifted its holdings in shares of Estée Lauder Companies by 78.6% during the 3rd quarter. Benjamin F. Edwards & Company Inc. now owns 150 shares of the company’s stock valued at $45,000 after acquiring an additional 66 shares in the last quarter. Kovack Advisors Inc. acquired a new position in shares of Estée Lauder Companies during the 3rd quarter valued at $200,000. Finally, Shell Asset Management Co. lifted its holdings in shares of Estée Lauder Companies by 166.1% during the 3rd quarter. Shell Asset Management Co. now owns 12,911 shares of the company’s stock valued at $3,872,000 after acquiring an additional 8,059 shares in the last quarter. Institutional investors own 56.54% of the company’s stock.

In related news, EVP Michael O’hare sold 16,389 shares of the company’s stock in a transaction on Friday, February 4th. The shares were sold at an average price of $309.88, for a total transaction of $5,078,623.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Carl P. Haney sold 1,152 shares of the company’s stock in a transaction on Tuesday, February 15th. The shares were sold at an average price of $307.94, for a total transaction of $354,746.88. The disclosure for this sale can be found here. Insiders sold 50,816 shares of company stock valued at $15,940,998 over the last three months. Insiders own 13.95% of the company’s stock.

Several equities research analysts recently issued reports on the stock. Piper Sandler dropped their price target on shares of Estée Lauder Companies from $380.00 to $350.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 19th. Edward Jones raised shares of Estée Lauder Companies from a “hold” rating to a “buy” rating in a research note on Wednesday. Oppenheimer dropped their price target on shares of Estée Lauder Companies from $350.00 to $300.00 and set an “outperform” rating on the stock in a research note on Wednesday, March 16th. Raymond James dropped their price target on shares of Estée Lauder Companies from $390.00 to $345.00 and set a “strong-buy” rating on the stock in a research note on Monday, April 18th. Finally, StockNews.com initiated coverage on shares of Estée Lauder Companies in a research report on Thursday, March 31st. They issued a “hold” rating for the company. Five research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $352.10.

Shares of EL stock traded down $8.27 during trading hours on Friday, reaching $264.06. 1,512,049 shares of the stock traded hands, compared to its average volume of 1,302,723. The Estée Lauder Companies Inc. has a 1-year low of $248.42 and a 1-year high of $374.20. The business has a fifty day moving average price of $273.94 and a 200 day moving average price of $313.34. The company has a quick ratio of 1.27, a current ratio of 1.73 and a debt-to-equity ratio of 0.84. The firm has a market capitalization of $94.71 billion, a PE ratio of 29.84, a PEG ratio of 3.14 and a beta of 1.08.

Estée Lauder Companies (NYSE:ELGet Rating) last released its quarterly earnings data on Thursday, February 3rd. The company reported $3.01 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $2.63 by $0.38. The firm had revenue of $5.54 billion for the quarter, compared to analyst estimates of $5.49 billion. Estée Lauder Companies had a net margin of 18.35% and a return on equity of 44.71%. The company’s revenue for the quarter was up 14.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.61 EPS. Research analysts expect that The Estée Lauder Companies Inc. will post 7.53 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 15th. Shareholders of record on Monday, February 28th were given a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 0.91%. The ex-dividend date was Friday, February 25th. Estée Lauder Companies’s dividend payout ratio is 27.12%.

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.

See Also

Want to see what other hedge funds are holding EL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Estée Lauder Companies Inc. (NYSE:ELGet Rating).

Institutional Ownership by Quarter for Estée Lauder Companies (NYSE:EL)

Receive News & Ratings for Estée Lauder Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Estée Lauder Companies and related companies with MarketBeat.com's FREE daily email newsletter.