Capital International Sarl Makes New $543,000 Investment in The Estée Lauder Companies Inc. (NYSE:EL)

Capital International Sarl acquired a new stake in The Estée Lauder Companies Inc. (NYSE:EL - Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 7,236 shares of the company's stock, valued at approximately $543,000.

Several other large investors also recently modified their holdings of the stock. Ameliora Wealth Management Ltd. acquired a new position in shares of Estée Lauder Companies in the fourth quarter valued at about $29,000. Deseret Mutual Benefit Administrators grew its position in shares of Estée Lauder Companies by 68.7% during the 4th quarter. Deseret Mutual Benefit Administrators now owns 388 shares of the company's stock worth $29,000 after purchasing an additional 158 shares in the last quarter. Eagle Bay Advisors LLC increased its holdings in shares of 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 purchasing an additional 300 shares during the period. Golden State Wealth Management LLC acquired a new stake in shares of Estée Lauder Companies in the fourth quarter valued at approximately $30,000. Finally, MassMutual Private Wealth & Trust FSB boosted its stake in shares of Estée Lauder Companies by 42.1% in the fourth 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. 55.15% of the stock is owned by institutional investors.

Insider Activity

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

Estée Lauder Companies Trading Up 2.5 %

Shares of Estée Lauder Companies stock traded up $1.39 during midday trading on Wednesday, reaching $57.33. The company had a trading volume of 3,363,656 shares, compared to its average volume of 4,061,194. The firm has a market cap of $20.58 billion, a PE ratio of -29.40, a P/E/G ratio of 6.09 and a beta of 1.10. The stock has a fifty day moving average price of $64.53 and a 200 day moving average price of $72.61. 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 Estée Lauder Companies Inc. has a fifty-two week low of $48.37 and a fifty-two week high of $149.91.

Estée Lauder Companies (NYSE:EL - Get Free Report) last issued its quarterly earnings results on Tuesday, February 4th. The company reported $0.62 earnings per share for the quarter, topping analysts' consensus estimates of $0.32 by $0.30. The firm had revenue of $4 billion during the quarter, compared to the consensus estimate of $3.98 billion. Estée Lauder Companies had a positive return on equity of 16.82% and a negative net margin of 4.61%. The business's revenue was down 6.4% compared to the same quarter last year. During the same period last year, the business posted $0.88 EPS. On average, equities analysts anticipate that The Estée Lauder Companies Inc. will post 1.36 earnings per share for the current year.

Estée Lauder Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Friday, February 28th were given a dividend of $0.35 per share. 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 2.44%. Estée Lauder Companies's dividend payout ratio (DPR) is presently -71.79%.

Analysts Set New Price Targets

A number of equities analysts have commented on the company. Barclays lowered their price objective on Estée Lauder Companies from $71.00 to $64.00 and set an "equal weight" rating on the stock in a research note on Thursday, February 6th. CICC Research assumed coverage on 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. Piper Sandler upped their price objective on shares of Estée Lauder Companies from $91.00 to $98.00 and gave the stock an "overweight" rating in a research report on Wednesday, January 29th. Royal Bank of Canada reissued an "outperform" rating and issued a $100.00 target price on shares of Estée Lauder Companies in a report on Friday, January 31st. Finally, Wells Fargo & Company dropped their target price 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. Nineteen investment 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, Estée Lauder Companies currently has an average rating of "Hold" and a consensus price target 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.