Cramer Rosenthal Mcglynn LLC boosted its stake in The Estée Lauder Companies Inc. (NYSE:EL - Free Report) by 120.0% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 69,840 shares of the company's stock after acquiring an additional 38,091 shares during the period. Cramer Rosenthal Mcglynn LLC's holdings in Estée Lauder Companies were worth $5,237,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Bard Financial Services Inc. purchased a new stake in shares of Estée Lauder Companies in the third quarter valued at about $1,789,000. World Investment Advisors LLC acquired a new position in Estée Lauder Companies during the 3rd quarter worth approximately $1,555,000. Wilmington Savings Fund Society FSB purchased a new position in shares of Estée Lauder Companies during the 3rd quarter worth approximately $199,000. Tidal Investments LLC lifted its holdings in shares of Estée Lauder Companies by 25.3% in the 3rd quarter. Tidal Investments LLC now owns 28,715 shares of the company's stock valued at $2,863,000 after buying an additional 5,803 shares during the period. Finally, Franklin Resources Inc. boosted its stake in shares of Estée Lauder Companies by 47.5% in the third quarter. Franklin Resources Inc. now owns 141,804 shares of the company's stock valued at $13,392,000 after buying an additional 45,687 shares in the last quarter. 55.15% of the stock is owned by hedge funds and other institutional investors.
Estée Lauder Companies Trading Up 2.6 %
NYSE:EL traded up $1.47 during trading hours on Wednesday, reaching $57.41. 1,833,961 shares of the company were exchanged, compared to its average volume of 4,055,305. The firm has a market cap of $20.61 billion, a price-to-earnings ratio of -29.44, a PEG ratio of 6.09 and a beta of 1.10. The stock has a 50 day simple moving average of $64.53 and a 200 day simple moving average of $72.61. The Estée Lauder Companies Inc. has a 52-week low of $48.37 and a 52-week high of $149.91. The company has a debt-to-equity ratio of 1.75, a current ratio of 1.37 and a quick ratio of 0.97.
Estée Lauder Companies (NYSE:EL - Get Free Report) last issued its earnings results on Tuesday, February 4th. The company reported $0.62 earnings per share 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 for the quarter, compared to analysts' expectations of $3.98 billion. During the same quarter last year, the firm earned $0.88 earnings per share. The firm's revenue for the quarter was down 6.4% compared to the same quarter last year. As a group, analysts predict that The Estée Lauder Companies Inc. will post 1.36 EPS for the current year.
Estée Lauder Companies Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Friday, February 28th were given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 2.44%. The ex-dividend date was Friday, February 28th. Estée Lauder Companies's dividend payout ratio (DPR) is presently -71.79%.
Insider Buying and Selling at Estée Lauder Companies
In related news, CFO Akhil Shrivastava purchased 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, for a total transaction of $46,053.00. Following the acquisition, the chief financial officer now directly owns 2,381 shares in the company, valued at $156,645.99. The trade was a 41.64 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Paul J. Fribourg bought 43,000 shares of Estée Lauder Companies stock in a transaction dated Wednesday, February 5th. The shares were purchased at an average cost of $66.35 per share, for a total transaction of $2,853,050.00. Following the completion of the transaction, the director now owns 430,800 shares of the company's stock, valued at approximately $28,583,580. This represents a 11.09 % increase in their position. The disclosure for this purchase can be found here. 12.78% of the stock is currently owned by corporate insiders.
Wall Street Analysts Forecast Growth
EL has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft cut their price objective on Estée Lauder Companies from $80.00 to $78.00 and set a "hold" rating for the company in a research report on Wednesday, January 22nd. UBS Group lowered their target price on shares of Estée Lauder Companies from $75.00 to $60.00 and set a "neutral" rating on the stock in a research report on Thursday, April 17th. Citigroup decreased their price target on Estée Lauder Companies from $77.00 to $55.00 and set a "neutral" rating on the stock in a research note on Monday, April 14th. Barclays dropped their price objective on Estée Lauder Companies from $71.00 to $64.00 and set an "equal weight" rating for the company in a research note on Thursday, February 6th. Finally, DA Davidson reiterated 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 equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $81.57.
Check Out Our Latest Analysis on Estée Lauder Companies
About Estée Lauder Companies
(
Free Report)
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.
Featured Stories
Before you consider Estée Lauder Companies, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Estée Lauder Companies wasn't on the list.
While Estée Lauder Companies currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for May 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
