4,505 Shares in The Estée Lauder Companies Inc. (NYSE:EL) Acquired by Mpwm Advisory Solutions LLC

Mpwm Advisory Solutions LLC bought a new position in shares of The Estée Lauder Companies Inc. (NYSE:EL) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 4,505 shares of the company’s stock, valued at approximately $338,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Ameliora Wealth Management Ltd. bought a new position in shares of Estée Lauder Companies during the 4th quarter worth approximately $29,000. Deseret Mutual Benefit Administrators grew its holdings in Estée Lauder Companies by 68.7% in the fourth quarter. Deseret Mutual Benefit Administrators now owns 388 shares of the company’s stock worth $29,000 after purchasing an additional 158 shares during the last quarter. Golden State Wealth Management LLC acquired a new position in shares of Estée Lauder Companies during the fourth quarter worth $30,000. MassMutual Private Wealth & Trust FSB lifted 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 purchasing an additional 141 shares during the last quarter. Finally, Smartleaf Asset Management LLC boosted its position in shares of Estée Lauder Companies by 47.4% in the 4th quarter. Smartleaf Asset Management LLC now owns 479 shares of the company’s stock worth $36,000 after purchasing an additional 154 shares in the last quarter. Institutional investors own 55.15% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently issued reports on EL shares. Morgan Stanley reduced their target price on Estée Lauder Companies from $85.00 to $81.00 and set an “equal weight” rating on the stock in a research report on Thursday, February 6th. Canaccord Genuity Group cut their price objective on shares of Estée Lauder Companies from $70.00 to $62.00 and set a “hold” rating on the stock in a report on Tuesday, April 29th. Wells Fargo & Company decreased their price objective on shares of Estée Lauder Companies from $70.00 to $60.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 16th. Telsey Advisory Group reissued a “market perform” rating and set a $76.00 target price on shares of Estée Lauder Companies in a research report on Thursday, May 1st. Finally, Royal Bank of Canada cut their price target on shares of Estée Lauder Companies from $100.00 to $90.00 and set an “outperform” rating on the stock in a research note on Friday, May 2nd. Nineteen equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $75.20.

Estée Lauder Companies Stock Performance

Shares of EL stock opened at $65.35 on Tuesday. The Estée Lauder Companies Inc. has a 52-week low of $48.37 and a 52-week high of $134.63. The company has a quick ratio of 0.97, a current ratio of 1.37 and a debt-to-equity ratio of 1.75. The stock has a market cap of $23.51 billion, a PE ratio of -33.51, a price-to-earnings-growth ratio of 6.09 and a beta of 1.12. The business has a 50-day simple moving average of $60.61 and a 200-day simple moving average of $68.83.

Estée Lauder Companies (NYSE:EL) last released its quarterly earnings data on Thursday, May 1st. The company reported $0.65 EPS for the quarter, topping the consensus estimate of $0.29 by $0.36. The business had revenue of $2.66 billion for the quarter, compared to analyst estimates of $3.51 billion. Estée Lauder Companies had a positive return on equity of 16.82% and a negative net margin of 4.61%. The business’s quarterly revenue was down 9.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.97 EPS. On average, equities analysts expect that The Estée Lauder Companies Inc. will post 1.36 EPS for the current year.

Estée Lauder Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 16th. Investors of record on Friday, May 30th will be given a dividend of $0.35 per share. The ex-dividend date is Friday, May 30th. This represents a $1.40 annualized dividend and a yield of 2.14%. Estée Lauder Companies’s dividend payout ratio is presently -57.85%.

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.