Barr E S & Co. Has $11.20 Million Position in The Estée Lauder Companies Inc. (NYSE:EL)

Barr E S & Co. reduced its holdings in shares of The Estée Lauder Companies Inc. (NYSE:EL - Free Report) by 4.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 149,321 shares of the company's stock after selling 6,735 shares during the period. Estée Lauder Companies makes up 0.7% of Barr E S & Co.'s investment portfolio, making the stock its 29th largest holding. Barr E S & Co.'s holdings in Estée Lauder Companies were worth $11,196,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Ameliora Wealth Management Ltd. acquired a new stake in Estée Lauder Companies in the fourth quarter valued at $29,000. Deseret Mutual Benefit Administrators grew its stake in Estée Lauder Companies by 68.7% in the 4th quarter. Deseret Mutual Benefit Administrators now owns 388 shares of the company's stock valued at $29,000 after acquiring 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 4th quarter worth approximately $30,000. Eagle Bay Advisors LLC increased its position in Estée Lauder Companies by 297.0% during the fourth quarter. Eagle Bay Advisors LLC now owns 401 shares of the company's stock worth $30,000 after buying an additional 300 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB lifted 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 purchasing an additional 141 shares in the last quarter. 55.15% of the stock is currently owned by institutional investors and hedge funds.

Estée Lauder Companies Stock Performance

EL traded up $1.71 during trading on Friday, hitting $54.37. The stock had a trading volume of 6,344,045 shares, compared to its average volume of 4,047,691. The firm has a market cap of $19.52 billion, a PE ratio of -27.88, a P/E/G ratio of 6.09 and a beta of 1.10. The company has a 50 day simple moving average of $65.43 and a 200-day simple moving average of $73.64. The Estée Lauder Companies Inc. has a 12 month low of $48.37 and a 12 month high of $149.91. The company has a current ratio of 1.37, a quick ratio of 0.97 and a debt-to-equity ratio of 1.75.

Estée Lauder Companies (NYSE:EL - Get Free Report) last announced its quarterly earnings data on Tuesday, February 4th. The company reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.32 by $0.30. The business had revenue of $4 billion for the quarter, compared to the consensus estimate of $3.98 billion. Estée Lauder Companies had a negative net margin of 4.61% and a positive return on equity of 16.82%. Estée Lauder Companies's quarterly revenue was down 6.4% on a year-over-year basis. During the same quarter last year, the company posted $0.88 earnings per share. 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 disclosed a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Friday, February 28th were given a $0.35 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.57%. Estée Lauder Companies's dividend payout ratio is currently -71.79%.

Insider Transactions at Estée Lauder Companies

In other Estée Lauder Companies news, CFO Akhil Shrivastava acquired 700 shares of the company's stock in a transaction dated 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 purchase, the chief financial officer now owns 2,381 shares in the company, valued at $156,645.99. This represents a 41.64 % increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Paul J. Fribourg bought 43,000 shares of the stock in a transaction that occurred on Wednesday, February 5th. The stock was acquired at an average cost of $66.35 per share, for a total transaction 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. This trade represents 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 owned by insiders.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. JPMorgan Chase & Co. decreased their price target on shares of Estée Lauder Companies from $72.00 to $61.00 and set a "neutral" rating on the stock in a report on Friday, April 11th. CICC Research assumed coverage on shares of Estée Lauder Companies in a research note on Friday, December 27th. They issued a "market perform" rating and a $82.00 target price on the stock. Wells Fargo & Company cut their target price on shares of Estée Lauder Companies from $70.00 to $60.00 and set an "equal weight" rating on the stock in a report on Wednesday. Piper Sandler boosted their target price on Estée Lauder Companies from $91.00 to $98.00 and gave the stock an "overweight" rating in a report on Wednesday, January 29th. Finally, DA Davidson reaffirmed a "buy" rating and set a $81.00 target price on shares of Estée Lauder Companies in a research report on Tuesday, February 25th. Nineteen analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $81.57.

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.