Future Financial Wealth Managment LLC Makes New $75,000 Investment in The Estée Lauder Companies Inc. (NYSE:EL)

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

A number of other hedge funds have also bought and sold shares of EL. Kimelman & Baird LLC purchased a new position in shares of Estée Lauder Companies during the 2nd quarter valued at $32,000. Ashton Thomas Securities LLC bought a new position in Estée Lauder Companies during the third quarter worth about $31,000. Eagle Bay Advisors LLC increased its stake in shares of Estée Lauder Companies by 297.0% in the fourth quarter. Eagle Bay Advisors LLC now owns 401 shares of the company’s stock worth $30,000 after purchasing an additional 300 shares in the last quarter. Ecofi Investissements SA bought a new stake in shares of Estée Lauder Companies in the second quarter valued at approximately $53,000. Finally, Rakuten Securities Inc. lifted its stake in shares of Estée Lauder Companies by 752.9% during the 3rd quarter. Rakuten Securities Inc. now owns 580 shares of the company’s stock valued at $58,000 after buying an additional 512 shares in the last quarter. 55.15% of the stock is currently owned by institutional investors.

Insider Activity at Estée Lauder Companies

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

Estée Lauder Companies Trading Up 1.9 %

EL traded up $1.40 during midday trading on Monday, reaching $74.85. 1,732,343 shares of the company’s stock traded hands, compared to its average volume of 2,997,645. The Estée Lauder Companies Inc. has a 52 week low of $62.29 and a 52 week high of $159.75. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.32 and a quick ratio of 0.90. The firm has a fifty day moving average of $72.69 and a two-hundred day moving average of $86.45. The stock has a market capitalization of $26.87 billion, a price-to-earnings ratio of 133.66, a P/E/G ratio of 5.40 and a beta of 1.02.

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

Estée Lauder Companies Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Friday, November 29th were paid a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.87%. The ex-dividend date of this dividend was Friday, November 29th. Estée Lauder Companies’s payout ratio is 250.00%.

Wall Street Analyst Weigh In

EL has been the topic of several recent research reports. Hsbc Global Res downgraded Estée Lauder Companies from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 16th. DA Davidson restated a “buy” rating and issued a $81.00 target price on shares of Estée Lauder Companies in a research note on Monday, December 23rd. TD Cowen lowered their price target on shares of Estée Lauder Companies from $95.00 to $70.00 and set a “hold” rating on the stock in a report on Friday, November 1st. Royal Bank of Canada cut their price objective on shares of Estée Lauder Companies from $131.00 to $100.00 and set an “outperform” rating for the company in a research report on Friday, November 1st. Finally, Citigroup cut shares of Estée Lauder Companies from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $105.00 to $80.00 in a research note on Thursday, October 31st. Twenty analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $96.50.

Estée Lauder Companies 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.