Capital International Inc. CA Buys Shares of 22,872 The Estée Lauder Companies Inc. (NYSE:EL)

Capital International Inc. CA bought a new stake in The Estée Lauder Companies Inc. (NYSE:EL - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm bought 22,872 shares of the company's stock, valued at approximately $1,715,000.

Several other institutional investors have also recently bought and sold shares of EL. Vanguard Group Inc. increased its stake in shares of Estée Lauder Companies by 9.5% in the fourth quarter. Vanguard Group Inc. now owns 27,014,303 shares of the company's stock worth $2,025,532,000 after purchasing an additional 2,344,210 shares during the period. FMR LLC increased its position in Estée Lauder Companies by 163.8% in the 4th quarter. FMR LLC now owns 14,382,579 shares of the company's stock worth $1,078,406,000 after buying an additional 8,930,011 shares during the period. Independent Franchise Partners LLP lifted its holdings in shares of Estée Lauder Companies by 45.5% during the fourth quarter. Independent Franchise Partners LLP now owns 7,858,158 shares of the company's stock worth $589,205,000 after buying an additional 2,458,379 shares during the last quarter. Capital World Investors bought a new stake in shares of Estée Lauder Companies in the fourth quarter valued at approximately $554,509,000. Finally, Invesco Ltd. increased its position in Estée Lauder Companies by 148.9% during the fourth quarter. Invesco Ltd. now owns 5,481,248 shares of the company's stock worth $410,984,000 after acquiring an additional 3,278,632 shares during the period. Institutional investors own 55.15% of the company's stock.

Insider Buying and Selling at Estée Lauder Companies

In other Estée Lauder Companies news, CFO Akhil Shrivastava acquired 700 shares of the business's stock in a transaction dated Wednesday, February 5th. The shares were acquired at an average price of $65.79 per share, for a total transaction of $46,053.00. Following the acquisition, the chief financial officer now directly owns 2,381 shares of the company's stock, valued at approximately $156,645.99. This trade represents a 41.64 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Paul J. Fribourg bought 43,000 shares of the stock in a transaction that occurred on Wednesday, February 5th. The shares were acquired at an average cost of $66.35 per share, with a total value of $2,853,050.00. Following the completion of the purchase, the director now owns 430,800 shares in the company, valued at $28,583,580. This represents a 11.09 % increase in their position. The disclosure for this purchase can be found here. Insiders own 12.78% of the company's stock.

Estée Lauder Companies Trading Up 1.3 %

EL stock traded up $0.76 during midday trading on Friday, reaching $59.41. The company's stock had a trading volume of 2,585,431 shares, compared to its average volume of 4,256,833. The business's 50-day simple moving average is $64.10 and its 200-day simple moving average is $72.25. The stock has a market cap of $21.33 billion, a PE ratio of -30.47, a price-to-earnings-growth ratio of 6.09 and a beta of 1.10. The Estée Lauder Companies Inc. has a 52 week low of $48.37 and a 52 week high of $149.06. The company has a quick ratio of 0.97, a current ratio of 1.37 and a debt-to-equity ratio of 1.75.

Estée Lauder Companies (NYSE:EL - Get Free Report) last released its quarterly earnings data 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 business 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 company posted $0.88 earnings per share. The firm's revenue was down 6.4% on a year-over-year basis. As a group, sell-side analysts expect that The Estée Lauder Companies Inc. will post 1.36 EPS for the current year.

Estée Lauder Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Friday, February 28th were issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 2.36%. The ex-dividend date of this dividend was Friday, February 28th. Estée Lauder Companies's dividend payout ratio is currently -71.79%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. CICC Research initiated coverage on shares of Estée Lauder Companies in a research report on Friday, December 27th. They issued a "market perform" rating and a $82.00 price target on the stock. Royal Bank of Canada reissued an "outperform" rating and set a $100.00 target price on shares of Estée Lauder Companies in a research report on Friday, January 31st. Stifel Nicolaus cut their price target on Estée Lauder Companies from $77.00 to $67.00 and set a "hold" rating for the company in a report on Thursday, April 10th. Piper Sandler lifted their price objective 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, Wells Fargo & Company lowered their price objective on Estée Lauder Companies from $70.00 to $60.00 and set an "equal weight" rating on the stock in a research report on Wednesday, April 16th. Nineteen research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, Estée Lauder Companies has an average rating of "Hold" and a consensus target price of $81.57.

Estée Lauder Companies Company 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.