Exencial Wealth Advisors LLC Buys 102,271 Shares of The Estée Lauder Companies Inc. (NYSE:EL)

Exencial Wealth Advisors LLC lifted its position in shares of The Estée Lauder Companies Inc. (NYSE:EL - Free Report) by 2,187.1% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 106,947 shares of the company's stock after acquiring an additional 102,271 shares during the period. Exencial Wealth Advisors LLC's holdings in Estée Lauder Companies were worth $8,019,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of the company. State Street Corp boosted its position in Estée Lauder Companies by 9.5% during the 3rd quarter. State Street Corp now owns 10,575,926 shares of the company's stock worth $1,054,314,000 after acquiring an additional 913,470 shares during the period. Massachusetts Financial Services Co. MA lifted its stake in shares of Estée Lauder Companies by 79.4% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 5,723,746 shares of the company's stock worth $570,600,000 after acquiring an additional 2,533,006 shares during the period. Van ECK Associates Corp lifted its stake in shares of Estée Lauder Companies by 23.6% in the 4th quarter. Van ECK Associates Corp now owns 4,996,404 shares of the company's stock worth $374,630,000 after acquiring an additional 954,493 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Estée Lauder Companies by 1.5% in the third quarter. Geode Capital Management LLC now owns 4,679,154 shares of the company's stock valued at $464,587,000 after acquiring an additional 70,307 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its position in Estée Lauder Companies by 81.1% in the fourth quarter. Bank of New York Mellon Corp now owns 2,971,550 shares of the company's stock worth $222,807,000 after purchasing an additional 1,330,840 shares during the period. Institutional investors and hedge funds own 55.15% of the company's stock.

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Estée Lauder Companies Stock Up 2.5 %

EL traded up $1.78 during midday trading on Friday, hitting $73.32. 3,020,369 shares of the company's stock traded hands, compared to its average volume of 4,139,169. 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 company has a market cap of $26.32 billion, a PE ratio of -37.60, a price-to-earnings-growth ratio of 6.09 and a beta of 1.08. The Estée Lauder Companies Inc. has a one year low of $62.29 and a one year high of $159.54. The stock's fifty day simple moving average is $74.18 and its 200-day simple moving average is $79.83.

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

Estée Lauder Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Friday, February 28th will be given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.91%. The ex-dividend date of this dividend is Friday, February 28th. Estée Lauder Companies's dividend payout ratio is presently -71.79%.

Insider Transactions at Estée Lauder Companies

In related news, CFO Akhil Shrivastava purchased 700 shares of Estée Lauder Companies stock in a transaction that occurred on 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 transaction, the chief financial officer now directly owns 2,381 shares in the company, valued at approximately $156,645.99. This represents a 41.64 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Paul J. Fribourg purchased 43,000 shares of the firm's stock in a transaction dated Wednesday, February 5th. The shares were bought at an average cost of $66.35 per share, for a total transaction of $2,853,050.00. Following the completion of the purchase, the director now directly owns 430,800 shares of the company's stock, valued at $28,583,580. The trade was 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.

Analysts Set New Price Targets

Several analysts have recently weighed in on EL shares. Piper Sandler upped their price objective on Estée Lauder Companies from $91.00 to $98.00 and gave the company an "overweight" rating in a report on Wednesday, January 29th. DA Davidson restated a "buy" rating and set a $81.00 price objective on shares of Estée Lauder Companies in a research report on Tuesday, February 25th. Barclays dropped their target price on shares of Estée Lauder Companies from $71.00 to $64.00 and set an "equal weight" rating on the stock in a report on Thursday, February 6th. CICC Research started 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. Finally, UBS Group upped their price target on Estée Lauder Companies from $74.00 to $80.00 and gave the company a "neutral" rating in a report on Thursday, January 16th. Twenty equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $86.00.

About Estée Lauder Companies

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.