GAMMA Investing LLC Invests $180,000 in The Estée Lauder Companies Inc. (NYSE:EL)

GAMMA Investing LLC purchased a new position in The Estée Lauder Companies Inc. (NYSE:EL) in the fourth quarter, Holdings Channel.com reports. The firm purchased 1,231 shares of the company’s stock, valued at approximately $180,000.

Other large investors have also recently made changes to their positions in the company. Rakuten Securities Inc. bought a new stake in Estée Lauder Companies during the fourth quarter valued at approximately $26,000. Arlington Trust Co LLC purchased a new position in Estée Lauder Companies during the third quarter valued at approximately $32,000. Exchange Traded Concepts LLC lifted its holdings in Estée Lauder Companies by 1,900.0% during the third quarter. Exchange Traded Concepts LLC now owns 280 shares of the company’s stock valued at $40,000 after purchasing an additional 266 shares in the last quarter. Sunbelt Securities Inc. lifted its holdings in Estée Lauder Companies by 82.2% during the third quarter. Sunbelt Securities Inc. now owns 277 shares of the company’s stock valued at $40,000 after purchasing an additional 125 shares in the last quarter. Finally, Headinvest LLC purchased a new position in Estée Lauder Companies during the third quarter valued at approximately $55,000. 55.15% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

EL has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft downgraded shares of Estée Lauder Companies from a “buy” rating to a “hold” rating and set a $146.00 price target on the stock. in a report on Tuesday, January 2nd. Raymond James upped their price target on shares of Estée Lauder Companies from $150.00 to $175.00 and gave the company a “strong-buy” rating in a research note on Tuesday, February 6th. DA Davidson reaffirmed a “buy” rating and set a $191.00 price target on shares of Estée Lauder Companies in a research note on Monday, April 22nd. Citigroup raised shares of Estée Lauder Companies from a “neutral” rating to a “buy” rating and upped their price target for the company from $160.00 to $175.00 in a research note on Tuesday, April 2nd. Finally, JPMorgan Chase & Co. upped their price target on shares of Estée Lauder Companies from $150.00 to $167.00 and gave the company an “overweight” rating in a research note on Tuesday, February 6th. One analyst has rated the stock with a sell rating, fifteen have issued a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Estée Lauder Companies presently has an average rating of “Hold” and a consensus target price of $168.17.

Estée Lauder Companies Stock Up 1.7 %

NYSE:EL opened at $147.45 on Friday. The firm has a market cap of $52.86 billion, a PE ratio of 113.42, a price-to-earnings-growth ratio of 3.80 and a beta of 1.07. The company has a 50-day moving average of $146.86 and a 200 day moving average of $138.25. The Estée Lauder Companies Inc. has a 1-year low of $102.22 and a 1-year high of $250.63. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.36 and a quick ratio of 0.96.

Estée Lauder Companies (NYSE:EL) last released its quarterly earnings results on Monday, February 5th. The company reported $0.88 EPS for the quarter, beating the consensus estimate of $0.55 by $0.33. The business had revenue of $4.28 billion during the quarter, compared to analyst estimates of $4.19 billion. Estée Lauder Companies had a net margin of 3.08% and a return on equity of 9.78%. The company’s quarterly revenue was down 7.4% on a year-over-year basis. During the same period in the prior year, the firm posted $1.54 earnings per share. As a group, research analysts anticipate that The Estée Lauder Companies Inc. will post 2.23 EPS for the current fiscal year.

Estée Lauder Companies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Thursday, February 29th were given a dividend of $0.66 per share. This represents a $2.64 annualized dividend and a dividend yield of 1.79%. The ex-dividend date was Wednesday, February 28th. Estée Lauder Companies’s payout ratio is 203.08%.

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, nail polishes, and powders, as well as compacts, brushes, and other makeup tools.