Templeton & Phillips Capital Management LLC Makes New $920,000 Investment in The Estée Lauder Companies Inc. (NYSE:EL)

Templeton & Phillips Capital Management LLC acquired a new position in shares of The Estée Lauder Companies Inc. (NYSE:EL) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 12,270 shares of the company’s stock, valued at approximately $920,000. Estée Lauder Companies accounts for approximately 0.7% of Templeton & Phillips Capital Management LLC’s holdings, making the stock its 23rd biggest holding.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in EL. Ameliora Wealth Management Ltd. purchased a new position in Estée Lauder Companies during the 4th quarter worth approximately $29,000. Deseret Mutual Benefit Administrators grew its position in 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 purchasing an additional 158 shares in the last quarter. Eagle Bay Advisors LLC grew its position in 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 purchasing an additional 300 shares in the last quarter. Golden State Wealth Management LLC purchased a new position in Estée Lauder Companies during the 4th quarter worth approximately $30,000. Finally, MassMutual Private Wealth & Trust FSB grew its position in Estée Lauder Companies by 42.1% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 476 shares of the company’s stock worth $36,000 after purchasing an additional 141 shares in the last quarter. 55.15% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on EL shares. Barclays lowered their price objective on shares of Estée Lauder Companies from $71.00 to $64.00 and set an “equal weight” rating on the stock in a research report on Thursday, February 6th. CICC Research began 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. Royal Bank of Canada restated an “outperform” rating and set a $100.00 price target on shares of Estée Lauder Companies in a report on Friday, January 31st. Piper Sandler boosted their price target on shares of Estée Lauder Companies from $91.00 to $98.00 and gave the company an “overweight” rating in a report on Wednesday, January 29th. Finally, Wells Fargo & Company boosted their price target on shares of Estée Lauder Companies from $74.00 to $80.00 and gave the company an “equal weight” rating in a report on Thursday, January 30th. Twenty equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, Estée Lauder Companies currently has an average rating of “Hold” and an average price target of $86.00.

Insider Activity

In other Estée Lauder Companies news, Director Paul J. Fribourg bought 43,000 shares of the 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 completion of the purchase, the director now directly owns 430,800 shares in the company, valued at $28,583,580. The trade was a 11.09 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CFO Akhil Shrivastava bought 700 shares of the stock in a transaction that occurred on 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 purchase, the chief financial officer now owns 2,381 shares of the company’s stock, valued at $156,645.99. This trade represents a 41.64 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 12.78% of the stock is owned by company insiders.

Estée Lauder Companies Stock Down 1.4 %

Estée Lauder Companies stock opened at $67.04 on Monday. The firm has a market cap of $24.07 billion, a price-to-earnings ratio of -34.38, a P/E/G 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 fifty-two week low of $62.29 and a fifty-two week high of $155.73. The firm has a fifty day moving average price of $72.97 and a two-hundred day moving average price of $77.81.

Estée Lauder Companies (NYSE:EL) last announced its quarterly earnings data on Tuesday, February 4th. The company reported $0.62 EPS for the quarter, beating analysts’ consensus estimates of $0.32 by $0.30. The business 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 firm’s revenue for the quarter was down 6.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.88 earnings per share. As a group, 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 disclosed a quarterly dividend, which was paid on Monday, March 17th. Stockholders 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 dividend yield of 2.09%. The ex-dividend date was Friday, February 28th. Estée Lauder Companies’s dividend payout ratio is currently -71.79%.

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.