Kintegral Advisory LLC Cuts Stock Position in The Estée Lauder Companies Inc. (NYSE:EL)

Kintegral Advisory LLC lowered its position in The Estée Lauder Companies Inc. (NYSE:EL) by 4.4% during the fourth quarter, Holdings Channel reports. The institutional investor owned 5,456 shares of the company’s stock after selling 254 shares during the quarter. Kintegral Advisory LLC’s holdings in Estée Lauder Companies were worth $409,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of EL. Ameliora Wealth Management Ltd. acquired a new stake in Estée Lauder Companies in the 4th quarter worth approximately $29,000. Deseret Mutual Benefit Administrators boosted its stake in Estée Lauder Companies by 68.7% in 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 lifted its stake in Estée Lauder Companies by 297.0% during the 4th quarter. Eagle Bay Advisors LLC now owns 401 shares of the company’s stock valued at $30,000 after acquiring an additional 300 shares during the period. Golden State Wealth Management LLC acquired a new stake in Estée Lauder Companies during the 4th quarter valued at approximately $30,000. Finally, Ashton Thomas Securities LLC acquired a new stake in Estée Lauder Companies during the 3rd quarter valued at approximately $31,000. Hedge funds and other institutional investors own 55.15% of the company’s stock.

Analysts Set New Price Targets

EL has been the subject of several analyst reports. CICC Research assumed coverage on shares of Estée Lauder Companies in a research note on Friday, December 27th. They issued a “market perform” rating and a $82.00 target price for the company. Telsey Advisory Group reissued a “market perform” rating and issued a $76.00 price target on shares of Estée Lauder Companies in a report on Tuesday, February 4th. TD Cowen cut their price target on shares of Estée Lauder Companies from $95.00 to $70.00 and set a “hold” rating for the company in a report on Friday, November 1st. Wells Fargo & Company boosted their price target on shares of Estée Lauder Companies from $74.00 to $80.00 and gave the stock an “equal weight” rating in a report on Thursday, January 30th. Finally, Barclays dropped 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 report on Thursday, February 6th. Twenty equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $86.00.

Insider Buying and Selling at Estée Lauder Companies

In related news, CFO Akhil Shrivastava purchased 700 shares of the company’s stock in a transaction on Wednesday, February 5th. The shares were bought at an average cost of $65.79 per share, for a total transaction of $46,053.00. Following the completion of the purchase, the chief financial officer now directly owns 2,381 shares of the company’s stock, valued at approximately $156,645.99. This trade represents a 41.64 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Paul J. Fribourg purchased 43,000 shares of the company’s stock in a transaction on Wednesday, February 5th. The stock was bought at an average price of $66.35 per share, for a total transaction of $2,853,050.00. Following the completion of the purchase, the director now directly owns 430,800 shares of the company’s stock, valued at $28,583,580. The trade was a 11.09 % 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 Stock Up 0.5 %

EL stock opened at $71.71 on Monday. The company’s 50 day moving average price is $74.83 and its 200 day moving average price is $80.89. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.97 and a current ratio of 1.37. The Estée Lauder Companies Inc. has a fifty-two week low of $62.29 and a fifty-two week high of $159.54. The firm has a market capitalization of $25.74 billion, a price-to-earnings ratio of -36.77, a PEG ratio of 6.09 and a beta of 1.03.

Estée Lauder Companies (NYSE:EL) 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 for 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 quarterly revenue was down 6.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.88 earnings per share. On average, equities research analysts anticipate that The Estée Lauder Companies Inc. will post 1.36 EPS for the current fiscal year.

Estée Lauder Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Friday, February 28th will be paid a $0.35 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $1.40 annualized dividend and a yield of 1.95%. 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.