The Estée Lauder Companies Inc. (NYSE:EL – Get Free Report) has earned a consensus rating of “Hold” from the twenty-three brokerages that are covering the stock, MarketBeat Ratings reports. Nineteen analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $86.00.
EL has been the topic of a number of recent analyst reports. Morgan Stanley dropped their price target on Estée Lauder Companies from $85.00 to $81.00 and set an “equal weight” rating on the stock in a report on Thursday, February 6th. Telsey Advisory Group restated a “market perform” rating and set a $76.00 price target on shares of Estée Lauder Companies in a research report on Tuesday, February 4th. DA Davidson restated a “buy” rating and set a $81.00 price objective on shares of Estée Lauder Companies in a report on Wednesday, February 5th. B. Riley dropped their target price on shares of Estée Lauder Companies from $95.00 to $70.00 and set a “neutral” rating on the stock in a research note on Monday, November 4th. Finally, Stifel Nicolaus decreased their price target on shares of Estée Lauder Companies from $81.00 to $77.00 and set a “hold” rating for the company in a research note on Wednesday, February 5th.
Check Out Our Latest Analysis on EL
Estée Lauder Companies Stock Performance
Estée Lauder Companies (NYSE:EL – Get Free Report) last posted its quarterly earnings data on Tuesday, February 4th. The company reported $0.62 EPS for the quarter, beating the consensus estimate of $0.32 by $0.30. Estée Lauder Companies had a negative net margin of 4.61% and a positive return on equity of 16.82%. The firm had revenue of $4 billion during the quarter, compared to analyst estimates of $3.98 billion. During the same quarter last year, the business posted $0.88 EPS. The company’s revenue for the quarter was down 6.4% on a year-over-year basis. As a group, equities research analysts predict that Estée Lauder Companies will post 1.36 EPS for the current fiscal year.
Estée Lauder Companies Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Friday, February 28th will be issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 1.96%. The ex-dividend date of this dividend is Friday, February 28th. Estée Lauder Companies’s dividend payout ratio (DPR) is presently -71.79%.
Insider Buying and Selling at Estée Lauder Companies
In other Estée Lauder Companies news, Director Paul J. Fribourg purchased 43,000 shares of the company’s stock in a transaction dated Wednesday, February 5th. The stock was purchased at an average price of $66.35 per share, for a total transaction of $2,853,050.00. Following the transaction, the director now owns 430,800 shares in the company, valued at $28,583,580. The trade was a 11.09 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Akhil Shrivastava acquired 700 shares of the firm’s stock in a transaction that occurred on Wednesday, February 5th. The stock was bought at an average price of $65.79 per share, for a total transaction of $46,053.00. Following the completion of the transaction, the chief financial officer now owns 2,381 shares of the company’s stock, valued at $156,645.99. The trade was a 41.64 % increase in their position. The disclosure for this purchase can be found here. Insiders own 12.78% of the company’s stock.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently added to or reduced their stakes in EL. Peterson Wealth Services lifted its stake in Estée Lauder Companies by 9.8% during the fourth quarter. Peterson Wealth Services now owns 1,506 shares of the company’s stock worth $113,000 after purchasing an additional 134 shares during the last quarter. MassMutual Private Wealth & Trust FSB raised its holdings in shares of Estée Lauder Companies by 42.1% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 476 shares of the company’s stock valued at $36,000 after buying an additional 141 shares in the last quarter. Blue Trust Inc. lifted its position in Estée Lauder Companies by 8.7% in 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 last quarter. Farther Finance Advisors LLC boosted its stake in Estée Lauder Companies by 30.9% in the third quarter. Farther Finance Advisors LLC now owns 639 shares of the company’s stock worth $64,000 after buying an additional 151 shares in the last quarter. Finally, Smartleaf Asset Management LLC grew its position in Estée Lauder Companies by 47.4% during the fourth quarter. Smartleaf Asset Management LLC now owns 479 shares of the company’s stock valued at $36,000 after acquiring an additional 154 shares during the last quarter. 55.15% of the stock is currently owned by hedge funds and other institutional investors.
About Estée Lauder Companies
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.
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