The Estée Lauder Companies Inc. (NYSE:EL) Stock Position Raised by SRS Capital Advisors Inc.

SRS Capital Advisors Inc. increased its position in The Estée Lauder Companies Inc. (NYSE:EL) by 4,054.5% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 1,828 shares of the company’s stock after purchasing an additional 1,784 shares during the period. SRS Capital Advisors Inc.’s holdings in Estée Lauder Companies were worth $137,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Ameliora Wealth Management Ltd. acquired a new stake in shares of Estée Lauder Companies in the fourth quarter worth $29,000. Deseret Mutual Benefit Administrators raised its position in Estée Lauder Companies by 68.7% during the fourth 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 lifted its stake in Estée Lauder Companies by 297.0% in the 4th quarter. Eagle Bay Advisors LLC now owns 401 shares of the company’s stock worth $30,000 after acquiring an additional 300 shares in the last quarter. Golden State Wealth Management LLC acquired a new stake in Estée Lauder Companies during the 4th quarter worth about $30,000. Finally, Ashton Thomas Securities LLC purchased a new position in Estée Lauder Companies during the 3rd quarter valued at about $31,000. 55.15% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on EL shares. Deutsche Bank Aktiengesellschaft reduced their price target on shares of 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. JPMorgan Chase & Co. increased their target price on shares of Estée Lauder Companies from $74.00 to $79.00 and gave the stock a “neutral” rating in a research report on Thursday, January 16th. Barclays decreased their target price on shares of 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. DA Davidson reaffirmed a “buy” rating and issued a $81.00 price target on shares of Estée Lauder Companies in a research note on Tuesday, February 25th. Finally, Piper Sandler increased 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. Twenty research 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.com, Estée Lauder Companies currently has an average rating of “Hold” and a consensus price target of $86.00.

Insider Transactions at Estée Lauder Companies

In other news, Director Paul J. Fribourg purchased 43,000 shares of the business’s stock in a transaction on Wednesday, February 5th. The stock was purchased at an average price of $66.35 per share, with a total value of $2,853,050.00. Following the acquisition, the director now directly owns 430,800 shares in the company, valued at approximately $28,583,580. The trade was a 11.09 % increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Akhil Shrivastava acquired 700 shares of the firm’s stock in a transaction dated Wednesday, February 5th. The shares were purchased at an average cost 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. This represents 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 corporate insiders.

Estée Lauder Companies Stock Performance

Shares of EL opened at $71.91 on Thursday. The company has a market capitalization of $25.81 billion, a PE ratio of -36.87, a price-to-earnings-growth ratio of 6.09 and a beta of 1.08. 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 one year low of $62.29 and a one year high of $159.54. The company’s fifty day moving average price is $74.25 and its 200 day moving average price is $79.89.

Estée Lauder Companies (NYSE:EL) last posted its quarterly earnings data on Tuesday, February 4th. The company reported $0.62 EPS for the quarter, topping 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 for the quarter, compared to analyst estimates of $3.98 billion. During the same period in the previous year, the company posted $0.88 earnings per share. The firm’s revenue for the quarter was down 6.4% on a year-over-year basis. As a group, analysts expect that The Estée Lauder Companies Inc. will post 1.36 earnings per share for the current year.

Estée Lauder Companies Announces Dividend

The firm 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 $0.35 dividend. The ex-dividend date is Friday, February 28th. This represents a $1.40 annualized dividend and a dividend yield of 1.95%. Estée Lauder Companies’s dividend payout ratio is -71.79%.

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.