Hexagon Capital Partners LLC Has $30,000 Stock Position in The Estée Lauder Companies Inc. (NYSE:EL)

Hexagon Capital Partners LLC boosted its holdings in The Estée Lauder Companies Inc. (NYSE:EL) by 103.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 195 shares of the company’s stock after buying an additional 99 shares during the period. Hexagon Capital Partners LLC’s holdings in Estée Lauder Companies were worth $30,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Rakuten Securities Inc. acquired a new position in Estée Lauder Companies during the 4th quarter valued at $26,000. Riverview Trust Co acquired a new stake in shares of Estée Lauder Companies during the 1st quarter worth approximately $26,000. Sunbelt Securities Inc. increased its position in shares of 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 during the period. ICA Group Wealth Management LLC acquired a new position in shares of Estée Lauder Companies in the fourth quarter valued at $41,000. Finally, Northwest Financial Advisors bought a new position in Estée Lauder Companies in the fourth quarter worth $44,000. 55.15% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have recently commented on EL. Oppenheimer reaffirmed a “market perform” rating on shares of Estée Lauder Companies in a report on Monday, April 15th. Telsey Advisory Group reiterated a “market perform” rating and issued a $155.00 price target on shares of Estée Lauder Companies in a research report on Wednesday, May 1st. Citigroup upgraded shares of Estée Lauder Companies from a “neutral” rating to a “buy” rating and boosted their target price for the company from $160.00 to $175.00 in a research note on Tuesday, April 2nd. Bernstein Bank upped their target price on shares of Estée Lauder Companies from $155.00 to $160.00 in a report on Wednesday, May 1st. Finally, Barclays reduced their price target on shares of Estée Lauder Companies from $140.00 to $136.00 and set an “equal weight” rating on the stock in a research report on Friday, June 14th. Sixteen equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $160.75.

Estée Lauder Companies Trading Down 1.0 %

Shares of NYSE EL opened at $105.38 on Tuesday. The Estée Lauder Companies Inc. has a fifty-two week low of $102.22 and a fifty-two week high of $198.86. The firm has a market capitalization of $37.79 billion, a P/E ratio of 59.20, a P/E/G ratio of 3.24 and a beta of 0.99. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.58 and a quick ratio of 1.15. The company’s 50 day simple moving average is $126.73 and its 200 day simple moving average is $137.18.

Estée Lauder Companies (NYSE:EL) last posted its quarterly earnings results on Wednesday, May 1st. The company reported $0.97 earnings per share for the quarter, beating analysts’ consensus estimates of $0.48 by $0.49. Estée Lauder Companies had a return on equity of 13.08% and a net margin of 4.18%. The company had revenue of $3.94 billion for the quarter, compared to the consensus estimate of $3.92 billion. During the same quarter in the prior year, the business posted $0.47 EPS. The firm’s quarterly revenue was up 5.0% on a year-over-year basis. On average, analysts predict that The Estée Lauder Companies Inc. will post 2.22 EPS for the current year.

Estée Lauder Companies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 17th. Stockholders of record on Friday, May 31st were given a dividend of $0.66 per share. The ex-dividend date of this dividend was Friday, May 31st. This represents a $2.64 annualized dividend and a dividend yield of 2.51%. Estée Lauder Companies’s payout ratio is currently 148.32%.

Insider Activity

In related news, EVP Jane Lauder sold 14,976 shares of Estée Lauder Companies stock in a transaction that occurred on Thursday, May 30th. The shares were sold at an average price of $121.26, for a total transaction of $1,815,989.76. Following the transaction, the executive vice president now owns 57,389 shares of the company’s stock, valued at approximately $6,958,990.14. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Estée Lauder Companies news, EVP Jane Lauder sold 14,976 shares of Estée Lauder Companies stock in a transaction dated Thursday, May 30th. The stock was sold at an average price of $121.26, for a total transaction of $1,815,989.76. Following the transaction, the executive vice president now directly owns 57,389 shares in the company, valued at $6,958,990.14. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Peter Jueptner sold 12,786 shares of the company’s stock in a transaction that occurred on Wednesday, May 22nd. The shares were sold at an average price of $130.62, for a total transaction of $1,670,107.32. Following the completion of the transaction, the insider now owns 5,578 shares of the company’s stock, valued at approximately $728,598.36. The disclosure for this sale can be found here. Insiders sold a total of 42,255 shares of company stock valued at $5,453,232 in the last ninety days. 12.77% of the stock is owned by insiders.

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.