Capital International Inc. CA Invests $1.72 Million in The Estée Lauder Companies Inc. (NYSE:EL)

Capital International Inc. CA bought a new position in The Estée Lauder Companies Inc. (NYSE:EL - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 22,872 shares of the company's stock, valued at approximately $1,715,000.

Several other institutional investors have also made changes to their positions in EL. Ameliora Wealth Management Ltd. acquired a new position in Estée Lauder Companies in the 4th quarter worth approximately $29,000. Deseret Mutual Benefit Administrators lifted its holdings in shares of Estée Lauder Companies by 68.7% in the fourth quarter. Deseret Mutual Benefit Administrators now owns 388 shares of the company's stock valued at $29,000 after purchasing an additional 158 shares in the last quarter. Eagle Bay Advisors LLC lifted its holdings in shares of Estée Lauder Companies by 297.0% in the fourth quarter. Eagle Bay Advisors LLC now owns 401 shares of the company's stock valued at $30,000 after purchasing 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 fourth quarter worth $30,000. Finally, MassMutual Private Wealth & Trust FSB grew its holdings in shares of Estée Lauder Companies by 42.1% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 476 shares of the company's stock valued at $36,000 after buying an additional 141 shares in the last quarter. 55.15% of the stock is owned by hedge funds and other institutional investors.

Estée Lauder Companies Stock Performance

Shares of NYSE:EL traded up $0.76 during trading on Friday, reaching $59.41. The stock had a trading volume of 2,585,724 shares, compared to its average volume of 4,071,894. The stock has a fifty day simple moving average of $63.85 and a two-hundred day simple moving average of $72.01. The company has a quick ratio of 0.97, a current ratio of 1.37 and a debt-to-equity ratio of 1.75. The Estée Lauder Companies Inc. has a 52 week low of $48.37 and a 52 week high of $149.06. The firm has a market capitalization of $21.33 billion, a price-to-earnings ratio of -30.47, a P/E/G ratio of 6.09 and a beta of 1.10.

Estée Lauder Companies (NYSE:EL - Get Free Report) last released its earnings results on Tuesday, February 4th. The company reported $0.62 earnings per share for the quarter, topping analysts' consensus estimates of $0.32 by $0.30. The firm 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 business's revenue was down 6.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.88 EPS. As a group, analysts anticipate that The Estée Lauder Companies Inc. will post 1.36 earnings per share for the current fiscal 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 paid a $0.35 dividend. The ex-dividend date was Friday, February 28th. This represents a $1.40 annualized dividend and a dividend yield of 2.36%. Estée Lauder Companies's payout ratio is -71.79%.

Analysts Set New Price Targets

EL has been the subject of a number of research reports. Stifel Nicolaus decreased their price objective on Estée Lauder Companies from $77.00 to $67.00 and set a "hold" rating for the company in a research report on Thursday, April 10th. 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 for the company. Piper Sandler upped their price objective on shares of Estée Lauder Companies from $91.00 to $98.00 and gave the company an "overweight" rating in a research note on Wednesday, January 29th. Citigroup decreased their target price on shares of Estée Lauder Companies from $77.00 to $55.00 and set a "neutral" rating for the company in a research note on Monday, April 14th. Finally, Royal Bank of Canada reaffirmed an "outperform" rating and issued a $100.00 price target on shares of Estée Lauder Companies in a research note on Friday, January 31st. Nineteen analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, Estée Lauder Companies presently has an average rating of "Hold" and a consensus target price of $81.57.

Insider Buying and Selling

In other Estée Lauder Companies news, Director Paul J. Fribourg acquired 43,000 shares of Estée Lauder Companies stock in a transaction dated Wednesday, February 5th. The stock was bought at an average cost of $66.35 per share, with a total value of $2,853,050.00. Following the acquisition, the director now owns 430,800 shares of the company's stock, valued at approximately $28,583,580. The trade was a 11.09 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Akhil Shrivastava purchased 700 shares of the company's stock in a transaction that occurred on Wednesday, February 5th. The stock was acquired at an average cost of $65.79 per share, with a total value of $46,053.00. Following the transaction, the chief financial officer now directly owns 2,381 shares of the company's stock, valued at approximately $156,645.99. This 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 currently owned by insiders.

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.