Andra AP fonden boosted its position in Estee Lauder Companies, Inc. (The) (NYSE:EL) by 16.3% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,400 shares of the company’s stock after buying an additional 3,000 shares during the period. Andra AP fonden’s holdings in Estee Lauder Companies, Inc. (The) were worth $2,054,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the stock. Lloyds Banking Group plc grew its position in Estee Lauder Companies, Inc. (The) by 1.4% in the 2nd quarter. Lloyds Banking Group plc now owns 1,887 shares of the company’s stock valued at $181,000 after buying an additional 26 shares during the last quarter. Cadence Capital Management LLC grew its position in Estee Lauder Companies, Inc. (The) by 0.7% in the 2nd quarter. Cadence Capital Management LLC now owns 5,662 shares of the company’s stock valued at $543,000 after buying an additional 42 shares during the last quarter. Cleararc Capital Inc. grew its position in Estee Lauder Companies, Inc. (The) by 0.9% in the 1st quarter. Cleararc Capital Inc. now owns 5,035 shares of the company’s stock valued at $427,000 after buying an additional 46 shares during the last quarter. Banco Santander S.A. grew its position in Estee Lauder Companies, Inc. (The) by 0.5% in the 1st quarter. Banco Santander S.A. now owns 14,169 shares of the company’s stock valued at $1,204,000 after buying an additional 69 shares during the last quarter. Finally, Charter Trust Co. grew its position in Estee Lauder Companies, Inc. (The) by 2.9% in the 2nd quarter. Charter Trust Co. now owns 2,496 shares of the company’s stock valued at $240,000 after buying an additional 70 shares during the last quarter. Hedge funds and other institutional investors own 54.63% of the company’s stock.

EL has been the topic of a number of analyst reports. Societe Generale lowered shares of Estee Lauder Companies, Inc. (The) from a “buy” rating to a “hold” rating and lifted their price objective for the company from $90.00 to $93.00 in a research report on Monday, May 15th. Royal Bank Of Canada reiterated a “buy” rating and issued a $100.00 price objective on shares of Estee Lauder Companies, Inc. (The) in a research report on Wednesday, May 31st. Jefferies Group LLC upgraded shares of Estee Lauder Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $110.00 price objective on the stock in a research report on Friday, June 2nd. Stifel Nicolaus lowered their price objective on shares of Estee Lauder Companies, Inc. (The) from $108.00 to $98.00 and set a “buy” rating on the stock in a research report on Tuesday, June 6th. Finally, Zacks Investment Research upgraded shares of Estee Lauder Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $107.00 price objective on the stock in a research report on Tuesday, July 4th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, nineteen have given a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $108.15.

Estee Lauder Companies, Inc. (EL) opened at 107.93 on Monday. Estee Lauder Companies, Inc. has a 1-year low of $75.29 and a 1-year high of $108.18. The firm has a market cap of $39.71 billion, a P/E ratio of 32.22 and a beta of 0.67. The stock’s 50 day moving average price is $101.16 and its 200 day moving average price is $92.65.

Estee Lauder Companies, Inc. (The) (NYSE:EL) last announced its quarterly earnings data on Friday, August 18th. The company reported $0.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.08. The firm had revenue of $2.89 billion during the quarter, compared to the consensus estimate of $2.86 billion. Estee Lauder Companies, Inc. (The) had a return on equity of 32.38% and a net margin of 10.56%. The business’s revenue for the quarter was up 9.4% on a year-over-year basis. During the same period in the prior year, the business earned $0.43 EPS. Equities research analysts predict that Estee Lauder Companies, Inc. will post $3.97 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Thursday, August 31st will be paid a $0.34 dividend. This represents a $1.36 annualized dividend and a yield of 1.26%. The ex-dividend date of this dividend is Tuesday, August 29th. Estee Lauder Companies, Inc. (The)’s dividend payout ratio is currently 40.60%.

In other news, Director Irvine O. Hockaday, Jr. sold 2,000 shares of the firm’s stock in a transaction dated Friday, August 25th. The stock was sold at an average price of $105.41, for a total transaction of $210,820.00. Following the completion of the sale, the director now directly owns 26,240 shares of the company’s stock, valued at approximately $2,765,958.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Rose Marie Bravo sold 9,312 shares of the firm’s stock in a transaction dated Thursday, June 8th. The stock was sold at an average price of $95.89, for a total value of $892,927.68. Following the sale, the director now directly owns 12,576 shares of the company’s stock, valued at $1,205,912.64. The disclosure for this sale can be found here. Over the last three months, insiders sold 528,852 shares of company stock valued at $55,339,085. Company insiders own 16.98% of the company’s stock.

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Estee Lauder Companies, Inc. (The) Profile

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.

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

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