Russell Investments Group Ltd. Buys 85,151 Shares of The Estée Lauder Companies Inc. (NYSE:EL)

Russell Investments Group Ltd. increased its holdings in The Estée Lauder Companies Inc. (NYSE:EL - Free Report) by 62.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 221,152 shares of the company's stock after buying an additional 85,151 shares during the period. Russell Investments Group Ltd. owned about 0.06% of Estée Lauder Companies worth $16,573,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Ameliora Wealth Management Ltd. bought a new position in Estée Lauder Companies in the 4th quarter worth about $29,000. Deseret Mutual Benefit Administrators increased its stake in Estée Lauder Companies by 68.7% during the 4th quarter. Deseret Mutual Benefit Administrators now owns 388 shares of the company's stock valued at $29,000 after buying an additional 158 shares during the period. Eagle Bay Advisors LLC raised its position in shares of Estée Lauder Companies by 297.0% during the 4th 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. Golden State Wealth Management LLC acquired a new stake in shares of Estée Lauder Companies in the 4th quarter worth approximately $30,000. Finally, MassMutual Private Wealth & Trust FSB boosted its holdings 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 acquiring an additional 141 shares in the last quarter. Institutional investors and hedge funds own 55.15% of the company's stock.

Estée Lauder Companies Price Performance

NYSE:EL traded down $1.35 during trading hours on Tuesday, reaching $54.24. The company had a trading volume of 913,053 shares, compared to its average volume of 4,012,925. The firm has a market capitalization of $19.47 billion, a PE ratio of -27.78, a PEG ratio of 6.09 and a beta of 1.10. The stock has a 50-day moving average of $66.16 and a two-hundred day moving average of $74.23. The Estée Lauder Companies Inc. has a one year low of $48.37 and a one year high of $149.91. The company has a quick ratio of 0.97, a current ratio of 1.37 and a debt-to-equity ratio of 1.75.

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Estée Lauder Companies (NYSE:EL - Get Free Report) last posted its quarterly earnings data on Tuesday, February 4th. The company reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.32 by $0.30. The company had revenue of $4 billion during the quarter, compared to analyst estimates of $3.98 billion. Estée Lauder Companies had a negative net margin of 4.61% and a positive return on equity of 16.82%. The company's revenue was down 6.4% on a year-over-year basis. During the same quarter last year, the business posted $0.88 earnings per share. Analysts forecast 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 declared a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Friday, February 28th were paid a dividend of $0.35 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $1.40 annualized dividend and a dividend yield of 2.58%. Estée Lauder Companies's dividend payout ratio (DPR) is currently -71.79%.

Analysts Set New Price Targets

EL has been the topic of a number of research reports. JPMorgan Chase & Co. dropped their price objective on Estée Lauder Companies from $72.00 to $61.00 and set a "neutral" rating on the stock in a research note on Friday. Barclays cut 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 report on Thursday, February 6th. Citigroup dropped 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. CICC Research initiated coverage on shares of Estée Lauder Companies in a report on Friday, December 27th. They set a "market perform" rating and a $82.00 price target on the stock. Finally, Wells Fargo & Company boosted their target price on shares of Estée Lauder Companies from $74.00 to $80.00 and gave the company an "equal weight" rating in a research note on Thursday, January 30th. Twenty equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $83.48.

Insider Activity

In other Estée Lauder Companies news, Director Paul J. Fribourg acquired 43,000 shares of the company's stock in a transaction that occurred on Wednesday, February 5th. The shares were acquired at an average price of $66.35 per share, with a total value 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 represents a 11.09 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Akhil Shrivastava acquired 700 shares of the firm's stock in a transaction that occurred on Wednesday, February 5th. The stock was acquired at an average price of $65.79 per share, with a total value of $46,053.00. Following the completion of the transaction, the chief financial officer now directly owns 2,381 shares in the company, valued at $156,645.99. This trade represents a 41.64 % 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 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.