Coppell Advisory Solutions LLC Purchases 845 Shares of The Estée Lauder Companies Inc. (NYSE:EL)

Coppell Advisory Solutions LLC increased its position in The Estée Lauder Companies Inc. (NYSE:EL) by 55.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,367 shares of the company’s stock after acquiring an additional 845 shares during the period. Coppell Advisory Solutions LLC’s holdings in Estée Lauder Companies were worth $176,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Bard Financial Services Inc. purchased a new stake in shares of Estée Lauder Companies during the 3rd quarter valued at about $1,789,000. World Investment Advisors LLC purchased a new stake in Estée Lauder Companies during the third quarter valued at approximately $1,555,000. Wilmington Savings Fund Society FSB bought a new position in Estée Lauder Companies in the third quarter worth approximately $199,000. Tidal Investments LLC boosted its stake in shares of Estée Lauder Companies by 25.3% during the 3rd quarter. Tidal Investments LLC now owns 28,715 shares of the company’s stock worth $2,863,000 after acquiring an additional 5,803 shares during the last quarter. Finally, Franklin Resources Inc. grew its position in shares of Estée Lauder Companies by 47.5% during the 3rd quarter. Franklin Resources Inc. now owns 141,804 shares of the company’s stock valued at $13,392,000 after acquiring an additional 45,687 shares during the period. Hedge funds and other institutional investors own 55.15% of the company’s stock.

Analysts Set New Price Targets

EL has been the topic of several analyst reports. Piper Sandler boosted their price target on Estée Lauder Companies from $91.00 to $98.00 and gave the company an “overweight” rating in a report on Wednesday, January 29th. Wells Fargo & Company cut their price objective on Estée Lauder Companies from $70.00 to $60.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 16th. CICC Research started coverage on shares of Estée Lauder Companies in a research note on Friday, December 27th. They set a “market perform” rating and a $82.00 target price on the stock. Stifel Nicolaus reduced their price objective on shares of Estée Lauder Companies from $77.00 to $67.00 and set a “hold” rating for the company in a research note on Thursday, April 10th. Finally, Barclays decreased their price objective on shares of Estée Lauder Companies from $71.00 to $64.00 and set an “equal weight” rating on the stock in a research report on Thursday, February 6th. Nineteen equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $81.57.

Estée Lauder Companies Price Performance

Estée Lauder Companies stock opened at $58.61 on Friday. The Estée Lauder Companies Inc. has a 52-week low of $48.37 and a 52-week high of $149.06. 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 firm’s fifty day moving average is $64.10 and its 200 day moving average is $72.25. The company has a market cap of $21.04 billion, a price-to-earnings ratio of -30.06, a PEG ratio of 6.09 and a beta of 1.10.

Estée Lauder Companies (NYSE:EL) last announced its earnings results on Tuesday, February 4th. The company reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.30. The firm had revenue of $4 billion for the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same period in the prior year, the company earned $0.88 EPS. Sell-side analysts forecast that The Estée Lauder Companies Inc. will post 1.36 EPS for the current fiscal year.

Estée Lauder Companies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Friday, February 28th were given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 2.39%. The ex-dividend date of this dividend was Friday, February 28th. Estée Lauder Companies’s dividend payout ratio is currently -71.79%.

Insider Activity at Estée Lauder Companies

In other news, Director Paul J. Fribourg purchased 43,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 5th. The shares were bought at an average cost of $66.35 per share, for a total transaction 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. This trade represents a 11.09 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Akhil Shrivastava acquired 700 shares of the firm’s stock in a transaction on Wednesday, February 5th. The stock was purchased at an average cost of $65.79 per share, with a total value of $46,053.00. Following the purchase, the chief financial officer now owns 2,381 shares of the company’s stock, valued at $156,645.99. The trade was 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.

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.