Mpwm Advisory Solutions LLC Makes New $338,000 Investment in The Estée Lauder Companies Inc. (NYSE:EL)

Mpwm Advisory Solutions LLC purchased a new stake in shares of The Estée Lauder Companies Inc. (NYSE:EL - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 4,505 shares of the company's stock, valued at approximately $338,000.

A number of other hedge funds have also modified their holdings of EL. Brookstone Capital Management raised its stake in Estée Lauder Companies by 16.7% during the 4th quarter. Brookstone Capital Management now owns 2,950 shares of the company's stock valued at $221,000 after purchasing an additional 423 shares during the period. HB Wealth Management LLC grew its holdings in Estée Lauder Companies by 23.3% during the 4th quarter. HB Wealth Management LLC now owns 2,925 shares of the company's stock valued at $219,000 after buying an additional 553 shares in the last quarter. Grove Bank & Trust raised its position in shares of Estée Lauder Companies by 19,105.0% during the fourth quarter. Grove Bank & Trust now owns 7,682 shares of the company's stock valued at $576,000 after buying an additional 7,642 shares during the last quarter. MassMutual Private Wealth & Trust FSB raised its position 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 during the last quarter. Finally, Cove Private Wealth LLC lifted its holdings in shares of Estée Lauder Companies by 65.2% in the fourth quarter. Cove Private Wealth LLC now owns 4,336 shares of the company's stock worth $325,000 after buying an additional 1,711 shares in the last quarter. 55.15% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on EL. Telsey Advisory Group reaffirmed a "market perform" rating and set a $76.00 target price on shares of Estée Lauder Companies in a research note on Thursday, May 1st. JPMorgan Chase & Co. dropped their price objective on shares of Estée Lauder Companies from $72.00 to $61.00 and set a "neutral" rating for the company in a report on Friday, April 11th. Stifel Nicolaus reduced their target price on Estée Lauder Companies from $77.00 to $67.00 and set a "hold" rating on the stock in a report on Thursday, April 10th. UBS Group boosted their target price on Estée Lauder Companies from $60.00 to $62.00 and gave the stock a "neutral" rating in a research report on Friday, May 2nd. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on Estée Lauder Companies from $80.00 to $78.00 and set a "hold" rating for the company in a research note on Wednesday, January 22nd. Nineteen analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $75.20.

Estée Lauder Companies Price Performance

Estée Lauder Companies stock opened at $65.35 on Tuesday. The firm has a market capitalization of $23.51 billion, a PE ratio of -33.51, a price-to-earnings-growth ratio of 6.09 and a beta of 1.12. The Estée Lauder Companies Inc. has a 12-month low of $48.37 and a 12-month high of $134.63. The firm has a 50-day moving average price of $60.61 and a 200-day moving average price of $68.83. The company has a current ratio of 1.37, a quick ratio of 0.97 and a debt-to-equity ratio of 1.75.

Estée Lauder Companies (NYSE:EL - Get Free Report) last released its earnings results on Thursday, May 1st. The company reported $0.65 EPS for the quarter, beating analysts' consensus estimates of $0.29 by $0.36. Estée Lauder Companies had a positive return on equity of 16.82% and a negative net margin of 4.61%. The firm had revenue of $2.66 billion for the quarter, compared to analysts' expectations of $3.51 billion. During the same quarter in the prior year, the firm posted $0.97 earnings per share. The company's quarterly revenue was down 9.9% on a year-over-year basis. As a group, equities research analysts forecast that The Estée Lauder Companies Inc. will post 1.36 EPS for the current year.

Estée Lauder Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 16th. Stockholders of record on Friday, May 30th will be issued a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.14%. The ex-dividend date is Friday, May 30th. Estée Lauder Companies's payout ratio is presently -57.85%.

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.

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