1,000 Shares in The Estée Lauder Companies Inc. (NYSE:EL) Purchased by Future Financial Wealth Managment LLC

Future Financial Wealth Managment LLC purchased a new stake in The Estée Lauder Companies Inc. (NYSE:EL) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 1,000 shares of the company’s stock, valued at approximately $75,000.

Several other institutional investors have also recently made changes to their positions in the stock. Eagle Bay Advisors LLC raised its stake in Estée Lauder Companies by 297.0% in the fourth quarter. Eagle Bay Advisors LLC now owns 401 shares of the company’s stock valued at $30,000 after buying an additional 300 shares during the period. Ashton Thomas Securities LLC bought a new stake in Estée Lauder Companies in the 3rd quarter valued at $31,000. Kimelman & Baird LLC acquired a new stake in Estée Lauder Companies during the 2nd quarter valued at $32,000. Ecofi Investissements SA bought a new position in Estée Lauder Companies during the second quarter worth $53,000. Finally, Rakuten Securities Inc. increased its holdings in shares of Estée Lauder Companies by 752.9% in the third quarter. Rakuten Securities Inc. now owns 580 shares of the company’s stock valued at $58,000 after purchasing an additional 512 shares during the last quarter. Institutional investors and hedge funds own 55.15% of the company’s stock.

Estée Lauder Companies Trading Up 1.9 %

Shares of EL stock traded up $1.40 during trading hours on Monday, hitting $74.85. 1,732,343 shares of the company’s stock traded hands, compared to its average volume of 2,997,645. The stock has a market cap of $26.87 billion, a PE ratio of 133.66, a price-to-earnings-growth ratio of 5.40 and a beta of 1.02. The Estée Lauder Companies Inc. has a 12 month low of $62.29 and a 12 month high of $159.75. The stock’s 50 day simple moving average is $72.69 and its 200 day simple moving average is $86.45. The company has a quick ratio of 0.90, a current ratio of 1.32 and a debt-to-equity ratio of 1.44.

Estée Lauder Companies (NYSE:EL) last issued its quarterly earnings data on Thursday, October 31st. The company reported $0.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.09 by $0.05. Estée Lauder Companies had a return on equity of 17.31% and a net margin of 1.31%. The company had revenue of $3.36 billion during the quarter, compared to the consensus estimate of $3.37 billion. During the same period last year, the company earned $0.11 earnings per share. The firm’s revenue was down 4.5% compared to the same quarter last year. On average, sell-side analysts anticipate that The Estée Lauder Companies Inc. will post 1.47 EPS for the current year.

Estée Lauder Companies Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Friday, November 29th were given a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 1.87%. The ex-dividend date of this dividend was Friday, November 29th. Estée Lauder Companies’s dividend payout ratio (DPR) is presently 250.00%.

Wall Street Analyst Weigh In

EL has been the topic of a number of research reports. Citigroup lowered shares of Estée Lauder Companies from a “buy” rating to a “neutral” rating and decreased their price target for the company from $105.00 to $80.00 in a research note on Thursday, October 31st. Wells Fargo & Company increased their price objective on Estée Lauder Companies from $72.00 to $74.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 7th. Stifel Nicolaus cut shares of Estée Lauder Companies from a “buy” rating to a “hold” rating and set a $125.00 target price for the company. in a research report on Thursday, October 31st. Bank of America dropped their price objective on shares of Estée Lauder Companies from $100.00 to $75.00 and set a “neutral” rating for the company in a research note on Friday, November 1st. Finally, JPMorgan Chase & Co. cut shares of Estée Lauder Companies from an “overweight” rating to a “neutral” rating and lowered their target price for the stock from $113.00 to $74.00 in a report on Friday, November 1st. Twenty investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $96.50.

Insider Activity at Estée Lauder Companies

In other Estée Lauder Companies news, CEO Fabrizio Freda sold 10,969 shares of the company’s stock in a transaction on Friday, November 1st. The shares were sold at an average price of $67.76, for a total transaction of $743,259.44. Following the transaction, the chief executive officer now owns 295,838 shares in the company, valued at approximately $20,045,982.88. This represents a 3.58 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Paul J. Fribourg acquired 75,500 shares of Estée Lauder Companies stock in a transaction dated Monday, November 18th. The shares were acquired at an average price of $64.93 per share, with a total value of $4,902,215.00. Following the completion of the acquisition, the director now directly owns 310,000 shares of the company’s stock, valued at approximately $20,128,300. The trade was a 32.20 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 12.78% of the stock is owned by corporate insiders.

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.