QRG Capital Administration Inc. raised its holdings in shares of The Estée Lauder Firms Inc. (NYSE:EL – Free Report) by 14.5% within the third quarter, in line with its most up-to-date 13F submitting with the SEC. The fund owned 16,017 shares of the corporate’s inventory after buying an extra 2,025 shares through the interval. QRG Capital Administration Inc.’s holdings in Estée Lauder Firms have been value $1,597,000 on the finish of the latest reporting interval.
A number of different institutional traders and hedge funds additionally lately made adjustments to their positions in EL. Larson Monetary Group LLC grew its holdings in shares of Estée Lauder Firms by 3,262.5% within the 1st quarter. Larson Monetary Group LLC now owns 269 shares of the corporate’s inventory valued at $41,000 after shopping for an extra 261 shares through the interval. Texas Everlasting Faculty Fund Corp grew its holdings in shares of Estée Lauder Firms by 1.4% within the 1st quarter. Texas Everlasting Faculty Fund Corp now owns 48,149 shares of the corporate’s inventory valued at $7,422,000 after shopping for an extra 650 shares through the interval. Manchester Capital Administration LLC grew its holdings in shares of Estée Lauder Firms by 531.8% within the 1st quarter. Manchester Capital Administration LLC now owns 695 shares of the corporate’s inventory valued at $107,000 after shopping for an extra 585 shares through the interval. Duality Advisers LP acquired a brand new place in shares of Estée Lauder Firms within the 1st quarter valued at $873,000. Lastly, Empirical Finance LLC grew its holdings in shares of Estée Lauder Firms by 3.6% within the 1st quarter. Empirical Finance LLC now owns 8,363 shares of the corporate’s inventory valued at $1,289,000 after shopping for an extra 289 shares through the interval. Institutional traders and hedge funds personal 55.15% of the corporate’s inventory.
Estée Lauder Firms Inventory Up 4.8 %
Estée Lauder Firms inventory opened at $66.31 on Friday. The inventory has a market cap of $23.79 billion, a P/E ratio of 118.41, a P/E/G ratio of two.36 and a beta of 1.05. The corporate has a fast ratio of 0.90, a present ratio of 1.32 and a debt-to-equity ratio of 1.44. The Estée Lauder Firms Inc. has a twelve month low of $62.88 and a twelve month excessive of $159.75. The corporate’s 50-day shifting common worth is $88.41 and its two-hundred day shifting common worth is $104.59.
Estée Lauder Firms (NYSE:EL – Get Free Report) final launched its quarterly earnings outcomes on Thursday, October thirty first. The corporate reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.05. The agency had income of $3.36 billion for the quarter, in comparison with analysts’ expectations of $3.37 billion. Estée Lauder Firms had a internet margin of 1.31% and a return on fairness of 17.31%. The enterprise’s income was down 4.5% on a year-over-year foundation. Throughout the identical interval within the prior 12 months, the agency earned $0.11 EPS. As a gaggle, analysts count on that The Estée Lauder Firms Inc. will publish 2 EPS for the present 12 months.
Estée Lauder Firms Cuts Dividend
The enterprise additionally lately declared a quarterly dividend, which shall be paid on Monday, December sixteenth. Shareholders of report on Friday, November twenty ninth shall be issued a $0.35 dividend. The ex-dividend date of this dividend is Friday, November twenty ninth. This represents a $1.40 annualized dividend and a yield of two.11%. Estée Lauder Firms’s dividend payout ratio is at present 471.43%.
Wall Road Analysts Forecast Development
EL has been the topic of a number of analysis analyst experiences. The Goldman Sachs Group decreased their worth goal on shares of Estée Lauder Firms from $100.00 to $75.00 and set a “impartial” score for the corporate in a report on Friday, November 1st. Deutsche Financial institution Aktiengesellschaft lowered their goal worth on shares of Estée Lauder Firms from $98.00 to $75.00 and set a “maintain” score for the corporate in a analysis notice on Monday. UBS Group lowered their goal worth on shares of Estée Lauder Firms from $115.00 to $104.00 and set a “impartial” score for the corporate in a analysis notice on Tuesday, August twentieth. Piper Sandler upped their goal worth on shares of Estée Lauder Firms from $114.00 to $122.00 and gave the inventory an “chubby” score in a analysis notice on Monday, September thirtieth. Lastly, Raymond James lowered shares of Estée Lauder Firms from a “strong-buy” score to a “market carry out” score in a analysis notice on Monday, July twenty second. Nineteen equities analysis analysts have rated the inventory with a maintain score and 4 have given a purchase score to the corporate. Primarily based on knowledge from MarketBeat.com, the inventory presently has a consensus score of “Maintain” and a median worth goal of $100.90.
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Insider Shopping for and Promoting at Estée Lauder Firms
In different Estée Lauder Firms information, CEO Fabrizio Freda bought 10,969 shares of the inventory in a transaction that occurred on Friday, November 1st. The shares have been bought at a median worth of $67.76, for a complete transaction of $743,259.44. Following the transaction, the chief government officer now owns 295,838 shares within the firm, valued at $20,045,982.88. This represents a 0.00 % lower of their place. The sale was disclosed in a doc filed with the SEC, which is on the market at this hyperlink. In different Estée Lauder Firms information, CEO Fabrizio Freda bought 10,969 shares of the inventory in a transaction that occurred on Friday, November 1st. The shares have been bought at a median worth of $67.76, for a complete transaction of $743,259.44. Following the transaction, the chief government officer now owns 295,838 shares within the firm, valued at $20,045,982.88. This represents a 0.00 % lower of their place. The sale was disclosed in a doc filed with the SEC, which is on the market at this hyperlink. Additionally, Director Charlene Barshefsky bought 3,437 shares of the inventory in a transaction that occurred on Tuesday, August twenty seventh. The inventory was bought at a median worth of $91.93, for a complete transaction of $315,963.41. Following the transaction, the director now owns 49,800 shares within the firm, valued at roughly $4,578,114. The commerce was a 0.00 % lower of their place. The disclosure for this sale may be discovered right here. Insiders have bought a complete of 18,296 shares of firm inventory valued at $1,423,366 within the final three months. 12.78% of the inventory is at present owned by firm insiders.
Estée Lauder Firms Firm Profile
The Estée Lauder Firms Inc manufactures, markets, and sells skincare, make-up, perfume, and hair care merchandise worldwide. It affords skincare merchandise, together with moisturizers, serums, cleansers, toners, physique care, exfoliators, zits care and oil correctors, facial masks, and solar care merchandise; and make-up merchandise, corresponding to lipsticks, lip glosses, mascaras, foundations, eyeshadows, and powders, in addition to compacts, brushes, and different make-up instruments.
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