Asset Management One Co. Ltd. boosted its stake in shares of Estee Lauder Companies, Inc. (The) (NYSE:EL) by 361.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 424,407 shares of the company’s stock after buying an additional 332,508 shares during the period. Asset Management One Co. Ltd. owned about 0.12% of Estee Lauder Companies, Inc. (The) worth $32,485,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA bought a new stake in Estee Lauder Companies, Inc. (The) during the third quarter worth approximately $110,000. Elgethun Capital Management bought a new stake in Estee Lauder Companies, Inc. (The) during the fourth quarter worth approximately $112,000. Advisory Services Network LLC increased its stake in Estee Lauder Companies, Inc. (The) by 1.1% in the third quarter. Advisory Services Network LLC now owns 1,385 shares of the company’s stock worth $123,000 after buying an additional 15 shares in the last quarter. Parkside Financial Bank & Trust increased its stake in Estee Lauder Companies, Inc. (The) by 0.6% in the third quarter. Parkside Financial Bank & Trust now owns 1,448 shares of the company’s stock worth $128,000 after buying an additional 8 shares in the last quarter. Finally, Penserra Capital Management LLC increased its stake in Estee Lauder Companies, Inc. (The) by 95.7% in the third quarter. Penserra Capital Management LLC now owns 1,538 shares of the company’s stock worth $136,000 after buying an additional 752 shares in the last quarter. 55.53% of the stock is currently owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for Estee Lauder Companies, Inc. (The) (NYSE:EL)

Estee Lauder Companies, Inc. (NYSE:EL) traded up 2.28% during trading on Friday, hitting $85.17. 3,066,250 shares of the stock were exchanged. The stock’s 50-day moving average price is $80.47 and its 200-day moving average price is $84.03. Estee Lauder Companies, Inc. has a 12-month low of $75.30 and a 12-month high of $97.48. The firm has a market cap of $31.21 billion, a PE ratio of 29.43 and a beta of 0.86.

Estee Lauder Companies, Inc. (The) (NYSE:EL) last announced its earnings results on Thursday, February 2nd. The company reported $1.22 EPS for the quarter, topping the consensus estimate of $1.17 by $0.05. Estee Lauder Companies, Inc. (The) had a net margin of 9.50% and a return on equity of 32.36%. The company earned $3.21 billion during the quarter, compared to analysts’ expectations of $3.26 billion. During the same period last year, the company posted $1.22 earnings per share. The business’s revenue for the quarter was up 2.7% on a year-over-year basis. On average, equities analysts expect that Estee Lauder Companies, Inc. will post $3.33 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 15th. Shareholders of record on Tuesday, February 28th will be issued a $0.34 dividend. This represents a $1.36 annualized dividend and a dividend yield of 1.63%. The ex-dividend date is Friday, February 24th. Estee Lauder Companies, Inc. (The)’s payout ratio is 46.90%.

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EL has been the topic of a number of research analyst reports. Stifel Nicolaus set a $99.00 price objective on shares of Estee Lauder Companies, Inc. (The) and gave the stock a “buy” rating in a report on Monday, October 24th. RBC Capital Markets set a $107.00 price objective on shares of Estee Lauder Companies, Inc. (The) and gave the stock a “buy” rating in a report on Monday, January 2nd. Zacks Investment Research raised shares of Estee Lauder Companies, Inc. (The) from a “sell” rating to a “hold” rating in a report on Tuesday, December 20th. Jefferies Group LLC reissued a “hold” rating and set a $83.00 price objective (down previously from $85.00) on shares of Estee Lauder Companies, Inc. (The) in a report on Wednesday, November 16th. Finally, Vetr raised shares of Estee Lauder Companies, Inc. (The) from a “sell” rating to a “hold” rating and set a $79.50 price objective on the stock in a report on Monday, January 30th. Four investment analysts have rated the stock with a sell rating, five have assigned a hold rating and twelve have given a buy rating to the company’s stock. Estee Lauder Companies, Inc. (The) presently has an average rating of “Hold” and a consensus price target of $95.22.

In other Estee Lauder Companies, Inc. (The) news, EVP Michael O’hare sold 4,492 shares of the firm’s stock in a transaction dated Thursday, December 1st. The shares were sold at an average price of $76.32, for a total value of $342,829.44. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Tracey Thomas Travis sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, November 30th. The stock was sold at an average price of $78.13, for a total transaction of $781,300.00. Following the completion of the transaction, the chief financial officer now owns 36,025 shares of the company’s stock, valued at $2,814,633.25. The disclosure for this sale can be found here. Over the last quarter, insiders sold 43,734 shares of company stock valued at $3,520,887. Corporate insiders own 16.98% of the company’s stock.

About Estee Lauder Companies, Inc. (The)

The Estee Lauder Companies Inc manufactures and markets skin care, makeup, fragrance and hair care products. The Company offers products, including skin care, makeup, fragrance, hair care and other. The Company operates in beauty products segment. The Company’s products are sold in over 150 countries and territories under brand names, including Estee Lauder, Aramis, Clinique, Prescriptives, Lab Series, Origins, Tommy Hilfiger, MAC, Kiton, La Mer, Bobbi Brown, Donna Karan New York, DKNY, Aveda, Jo Malone London, Bumble and bumble, Michael Kors, Darphin, Tom Ford, Smashbox, Ermenegildo Zegna, AERIN, Tory Burch, RODIN olio lusso, Le Labo, Editions de Parfums Frederic Malle, GLAMGLOW, By Kilian, BECCA and Too Faced.

5 Day Chart for NYSE:EL

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