3,747 Shares in The Estée Lauder Companies Inc. (NYSE:EL) Purchased by OneDigital Investment Advisors LLC

OneDigital Investment Advisors LLC purchased a new position in shares of The Estée Lauder Companies Inc. (NYSE:EL) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 3,747 shares of the company’s stock, valued at approximately $281,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Peterson Wealth Services boosted its holdings in Estée Lauder Companies by 9.8% in the 4th quarter. Peterson Wealth Services now owns 1,506 shares of the company’s stock valued at $113,000 after purchasing an additional 134 shares in the last quarter. MassMutual Private Wealth & Trust FSB boosted its holdings in Estée Lauder Companies by 42.1% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 476 shares of the company’s stock valued at $36,000 after purchasing an additional 141 shares in the last quarter. Blue Trust Inc. boosted its holdings in Estée Lauder Companies by 8.7% in the 4th quarter. Blue Trust Inc. now owns 1,853 shares of the company’s stock valued at $139,000 after purchasing an additional 148 shares in the last quarter. Smartleaf Asset Management LLC boosted its holdings in Estée Lauder Companies by 47.4% in the 4th quarter. Smartleaf Asset Management LLC now owns 479 shares of the company’s stock valued at $36,000 after purchasing an additional 154 shares in the last quarter. Finally, Deseret Mutual Benefit Administrators boosted its stake 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 acquiring an additional 158 shares in the last quarter. Hedge funds and other institutional investors own 55.15% of the company’s stock.

Insiders Place Their Bets

In other news, CFO Akhil Shrivastava purchased 700 shares of the stock in a transaction dated Wednesday, February 5th. The stock was acquired 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 owns 2,381 shares of the company’s stock, valued at $156,645.99. The trade was a 41.64 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Paul J. Fribourg purchased 43,000 shares of the stock in a transaction dated 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 completion of 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 disclosure for this purchase can be found here. 12.78% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on EL shares. Wells Fargo & Company decreased their price target on Estée Lauder Companies from $70.00 to $60.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 16th. Deutsche Bank Aktiengesellschaft decreased their price target on Estée Lauder Companies from $80.00 to $78.00 and set a “hold” rating on the stock in a research note on Wednesday, January 22nd. Telsey Advisory Group reissued a “market perform” rating and set a $76.00 price target on shares of Estée Lauder Companies in a research note on Thursday, April 24th. Royal Bank of Canada reissued an “outperform” rating and set a $100.00 price target on shares of Estée Lauder Companies in a research note on Friday, January 31st. Finally, Stifel Nicolaus decreased their price target on Estée Lauder Companies from $77.00 to $67.00 and set a “hold” rating on the stock in a research note on Thursday, April 10th. Nineteen 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 a consensus rating of “Hold” and a consensus price target of $81.57.

Estée Lauder Companies Stock Performance

NYSE EL opened at $59.10 on Tuesday. The business’s 50-day simple moving average is $63.60 and its 200-day simple moving average is $71.44. The firm has a market capitalization of $21.22 billion, a P/E ratio of -30.31, a P/E/G ratio of 6.09 and a beta of 1.10. 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 1-year low of $48.37 and a 1-year high of $149.06.

Estée Lauder Companies (NYSE:EL) last released its quarterly earnings results on Tuesday, February 4th. The company reported $0.62 EPS for the quarter, topping the consensus estimate of $0.32 by $0.30. The firm had revenue of $4 billion for the quarter, compared to analyst estimates of $3.98 billion. Estée Lauder Companies had a positive return on equity of 16.82% and a negative net margin of 4.61%. Estée Lauder Companies’s revenue for the quarter was down 6.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.88 EPS. Equities 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 disclosed a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Friday, February 28th were issued a dividend of $0.35 per share. The ex-dividend date was Friday, February 28th. This represents a $1.40 annualized dividend and a yield of 2.37%. Estée Lauder Companies’s dividend payout ratio is presently -71.79%.

Estée Lauder Companies 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.