The Estée Lauder Companies Inc. (NYSE:EL) Shares Bought by Jaffetilchin Investment Partners LLC

Jaffetilchin Investment Partners LLC lifted its stake in shares of The Estée Lauder Companies Inc. (NYSE:EL) by 2,329.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,342 shares of the company’s stock after acquiring an additional 6,081 shares during the period. Jaffetilchin Investment Partners LLC’s holdings in Estée Lauder Companies were worth $476,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Ameliora Wealth Management Ltd. acquired a new position in Estée Lauder Companies in the 4th quarter valued at $29,000. Deseret Mutual Benefit Administrators increased its stake in Estée Lauder Companies by 68.7% in the fourth quarter. Deseret Mutual Benefit Administrators now owns 388 shares of the company’s stock valued at $29,000 after purchasing an additional 158 shares during the last quarter. Golden State Wealth Management LLC purchased a new position in Estée Lauder Companies during the fourth quarter worth about $30,000. Eagle Bay Advisors LLC boosted its stake in Estée Lauder Companies by 297.0% in the 4th quarter. Eagle Bay Advisors LLC now owns 401 shares of the company’s stock worth $30,000 after buying an additional 300 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB grew its holdings in Estée Lauder Companies by 42.1% in 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 during the period. Hedge funds and other institutional investors own 55.15% of the company’s stock.

Estée Lauder Companies Stock Performance

NYSE:EL opened at $55.19 on Friday. The firm has a 50-day moving average of $66.37 and a two-hundred day moving average of $74.73. The company has a debt-to-equity ratio of 1.75, a current ratio of 1.37 and a quick ratio of 0.97. The stock has a market cap of $19.81 billion, a P/E ratio of -28.30, a PEG ratio of 6.09 and a beta of 1.10. The Estée Lauder Companies Inc. has a 1-year low of $48.37 and a 1-year high of $149.91.

Estée Lauder Companies (NYSE:EL) last issued its quarterly earnings results on Tuesday, February 4th. The company reported $0.62 EPS for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $4 billion during the quarter, compared to the consensus estimate of $3.98 billion. During the same quarter in the prior year, the business posted $0.88 earnings per share. Estée Lauder Companies’s revenue for the quarter was down 6.4% on a year-over-year basis. On average, research analysts expect that The Estée Lauder Companies Inc. will post 1.36 earnings per share for the current fiscal year.

Estée Lauder Companies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Friday, February 28th were issued a $0.35 dividend. The ex-dividend date was Friday, February 28th. This represents a $1.40 annualized dividend and a yield of 2.54%. Estée Lauder Companies’s dividend payout ratio is presently -71.79%.

Insider Buying and Selling at Estée Lauder Companies

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

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Wells Fargo & Company increased their price objective on shares of Estée Lauder Companies from $74.00 to $80.00 and gave the stock an “equal weight” rating in a report on Thursday, January 30th. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Estée Lauder Companies from $80.00 to $78.00 and set a “hold” rating on the stock in a report on Wednesday, January 22nd. UBS Group upped their price objective on Estée Lauder Companies from $74.00 to $80.00 and gave the stock a “neutral” rating in a report on Thursday, January 16th. DA Davidson reiterated a “buy” rating and issued a $81.00 target price on shares of Estée Lauder Companies in a report on Tuesday, February 25th. Finally, Morgan Stanley dropped their price target on Estée Lauder Companies from $85.00 to $81.00 and set an “equal weight” rating for the company in a research note on Thursday, February 6th. Twenty investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Estée Lauder Companies presently has an average rating of “Hold” and a consensus price target of $84.67.

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.