Oxford Financial Group Ltd. Acquires New Position in The Estée Lauder Companies Inc. (NYSE:EL)

Oxford Financial Group Ltd. acquired a new stake in The Estée Lauder Companies Inc. (NYSE:EL) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 1,190 shares of the company’s stock, valued at approximately $234,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Mach 1 Financial Group LLC acquired a new position in Estée Lauder Companies in the 1st quarter worth approximately $14,787,000. WealthPLAN Partners LLC acquired a new position in Estée Lauder Companies in the 1st quarter worth approximately $31,000. Chilton Capital Management LLC acquired a new position in Estée Lauder Companies in the 1st quarter worth approximately $37,000. Arlington Partners LLC increased its holdings in Estée Lauder Companies by 378.4% in the 2nd quarter. Arlington Partners LLC now owns 177 shares of the company’s stock worth $35,000 after buying an additional 140 shares during the period. Finally, Ameritas Advisory Services LLC acquired a new position in Estée Lauder Companies in the 1st quarter worth approximately $45,000. 55.15% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the stock. StockNews.com assumed coverage on shares of Estée Lauder Companies in a research note on Thursday, October 5th. They set a “sell” rating on the stock. Raymond James dropped their price objective on shares of Estée Lauder Companies from $195.00 to $180.00 and set a “strong-buy” rating on the stock in a research note on Monday, October 23rd. TD Cowen cut shares of Estée Lauder Companies from an “outperform” rating to a “market perform” rating and dropped their price objective for the stock from $126.00 to $120.00 in a research note on Wednesday, November 8th. DA Davidson dropped their price objective on shares of Estée Lauder Companies from $185.00 to $146.00 and set a “buy” rating on the stock in a research note on Thursday, November 2nd. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Estée Lauder Companies from $173.00 to $118.00 and set an “overweight” rating on the stock in a research note on Thursday, November 2nd. Two research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Estée Lauder Companies currently has an average rating of “Hold” and a consensus price target of $178.48.

Estée Lauder Companies Stock Up 1.0 %

NYSE EL opened at $123.81 on Friday. The Estée Lauder Companies Inc. has a 52 week low of $102.22 and a 52 week high of $283.62. The company has a quick ratio of 0.97, a current ratio of 1.45 and a debt-to-equity ratio of 1.33. The business’s fifty day simple moving average is $135.58 and its 200-day simple moving average is $166.09. The firm has a market cap of $44.31 billion, a PE ratio of 81.45, a P/E/G ratio of 3.54 and a beta of 1.08.

Estée Lauder Companies (NYSE:EL) last posted its quarterly earnings results on Wednesday, November 1st. The company reported $0.11 EPS for the quarter, topping the consensus estimate of ($0.22) by $0.33. Estée Lauder Companies had a return on equity of 13.93% and a net margin of 3.54%. The business had revenue of $3.52 billion for the quarter, compared to analyst estimates of $3.53 billion. During the same quarter in the previous year, the firm earned $1.37 EPS. The company’s quarterly revenue was down 10.6% compared to the same quarter last year. As a group, equities analysts anticipate that The Estée Lauder Companies Inc. will post 2.3 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 Friday, December 15th. Investors of record on Thursday, November 30th will be given a dividend of $0.66 per share. This represents a $2.64 dividend on an annualized basis and a dividend yield of 2.13%. The ex-dividend date of this dividend is Wednesday, November 29th. Estée Lauder Companies’s payout ratio is 173.68%.

Insider Buying and Selling

In related news, Director Charlene Barshefsky sold 1,796 shares of the firm’s stock in a transaction dated Wednesday, August 23rd. The stock was sold at an average price of $151.93, for a total transaction of $272,866.28. Following the completion of the sale, the director now directly owns 48,845 shares of the company’s stock, valued at approximately $7,421,020.85. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Estée Lauder Companies news, Director Charlene Barshefsky sold 1,796 shares of Estée Lauder Companies stock in a transaction dated Wednesday, August 23rd. The stock was sold at an average price of $151.93, for a total value of $272,866.28. Following the completion of the transaction, the director now directly owns 48,845 shares of the company’s stock, valued at approximately $7,421,020.85. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Jane Lauder sold 12,661 shares of Estée Lauder Companies stock in a transaction dated Wednesday, August 23rd. The shares were sold at an average price of $152.75, for a total value of $1,933,967.75. Following the completion of the transaction, the executive vice president now directly owns 55,800 shares of the company’s stock, valued at $8,523,450. The disclosure for this sale can be found here. Corporate insiders own 12.77% of the company’s stock.

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