Counterpoint Mutual Funds LLC Purchases 7,821 Shares of The Estée Lauder Companies Inc. (NYSE:EL)

Counterpoint Mutual Funds LLC raised its position in The Estée Lauder Companies Inc. (NYSE:EL) by 308.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 10,357 shares of the company’s stock after purchasing an additional 7,821 shares during the period. Counterpoint Mutual Funds LLC’s holdings in Estée Lauder Companies were worth $777,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in EL. Ameliora Wealth Management Ltd. acquired a new stake in Estée Lauder Companies in the 4th quarter worth about $29,000. Deseret Mutual Benefit Administrators increased its holdings in Estée Lauder Companies by 68.7% in the 4th quarter. Deseret Mutual Benefit Administrators now owns 388 shares of the company’s stock valued at $29,000 after buying an additional 158 shares during the period. Eagle Bay Advisors LLC increased its holdings in Estée Lauder Companies by 297.0% in the 4th quarter. Eagle Bay Advisors LLC now owns 401 shares of the company’s stock valued at $30,000 after buying an additional 300 shares during the period. Golden State Wealth Management LLC bought a new position in Estée Lauder Companies in the 4th quarter valued at about $30,000. Finally, MassMutual Private Wealth & Trust FSB grew its holdings in shares of Estée Lauder Companies by 42.1% during 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 during the last quarter. Institutional investors own 55.15% of the company’s stock.

Wall Street Analysts Forecast Growth

EL has been the topic of several recent research reports. Canaccord Genuity Group cut their target price on shares of Estée Lauder Companies from $76.00 to $70.00 and set a “hold” rating on the stock in a research report on Wednesday, February 5th. Morgan Stanley dropped their target price on shares of Estée Lauder Companies from $85.00 to $81.00 and set an “equal weight” rating on the stock in a research report on Thursday, February 6th. Royal Bank of Canada restated an “outperform” rating and set a $100.00 price target on shares of Estée Lauder Companies in a research note on Friday, January 31st. Deutsche Bank Aktiengesellschaft reduced their target price on shares of 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. Finally, DA Davidson restated a “buy” rating and set a $81.00 price target on shares of Estée Lauder Companies in a research report on Tuesday, February 25th. Twenty investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $86.00.

Estée Lauder Companies Stock Performance

EL stock opened at $66.64 on Monday. The firm has a market cap of $23.92 billion, a price-to-earnings ratio of -34.17, a PEG ratio of 6.09 and a beta of 1.08. 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 twelve month low of $62.29 and a twelve month high of $155.73. The business’s fifty day simple moving average is $73.54 and its two-hundred day simple moving average is $78.65.

Estée Lauder Companies (NYSE:EL) last issued its quarterly earnings results on Tuesday, February 4th. The company reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.32 by $0.30. Estée Lauder Companies had a positive return on equity of 16.82% and a negative net margin of 4.61%. The business had revenue of $4 billion during the quarter, compared to the consensus estimate of $3.98 billion. During the same quarter last year, the company earned $0.88 earnings per share. The company’s quarterly revenue was down 6.4% on a year-over-year basis. Analysts predict that The Estée Lauder Companies Inc. will post 1.36 earnings per share for the current year.

Estée Lauder Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Friday, February 28th will be given a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.10%. The ex-dividend date of this dividend is Friday, February 28th. Estée Lauder Companies’s dividend payout ratio (DPR) is presently -71.79%.

Insider Activity

In related news, CFO Akhil Shrivastava purchased 700 shares of the business’s stock in a transaction on Wednesday, February 5th. The shares were bought at an average price of $65.79 per share, for a total transaction of $46,053.00. Following the acquisition, the chief financial officer now directly owns 2,381 shares in the company, valued at $156,645.99. This trade represents a 41.64 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Paul J. Fribourg acquired 43,000 shares of the company’s stock in a transaction dated Wednesday, February 5th. The stock was acquired at an average price of $66.35 per share, for a total transaction of $2,853,050.00. Following the acquisition, the director now 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. Company insiders own 12.78% of the company’s stock.

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.