Teacher Retirement System of Texas grew its holdings in Estee Lauder Companies, Inc. (The) (NYSE:EL) by 30.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 164,481 shares of the company’s stock after purchasing an additional 38,713 shares during the quarter. Teacher Retirement System of Texas’ holdings in Estee Lauder Companies, Inc. (The) were worth $17,738,000 as of its most recent filing with the SEC.

A number of other institutional investors have also bought and sold shares of EL. Swiss National Bank lifted its stake in shares of Estee Lauder Companies, Inc. (The) by 3.1% during the second quarter. Swiss National Bank now owns 812,196 shares of the company’s stock valued at $77,955,000 after acquiring an additional 24,600 shares during the period. Prudential Financial Inc. lifted its stake in shares of Estee Lauder Companies, Inc. (The) by 3.5% during the second quarter. Prudential Financial Inc. now owns 323,600 shares of the company’s stock valued at $31,060,000 after acquiring an additional 10,921 shares during the period. Comgest Global Investors S.A.S. acquired a new position in shares of Estee Lauder Companies, Inc. (The) during the second quarter valued at $2,266,000. Clinton Group Inc. acquired a new position in shares of Estee Lauder Companies, Inc. (The) during the second quarter valued at $529,000. Finally, JPMorgan Chase & Co. lifted its stake in shares of Estee Lauder Companies, Inc. (The) by 146.4% during the second quarter. JPMorgan Chase & Co. now owns 1,301,975 shares of the company’s stock valued at $124,963,000 after acquiring an additional 773,666 shares during the period. 56.26% of the stock is currently owned by institutional investors.

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In other news, Director Irvine O. Hockaday, Jr. sold 2,000 shares of the business’s stock in a transaction dated Friday, August 25th. The stock was sold at an average price of $105.41, for a total value of $210,820.00. Following the transaction, the director now directly owns 26,240 shares of the company’s stock, valued at approximately $2,765,958.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Michael O’hare sold 42,032 shares of the business’s stock in a transaction dated Monday, August 21st. The shares were sold at an average price of $105.41, for a total value of $4,430,593.12. Following the completion of the transaction, the executive vice president now directly owns 17,841 shares in the company, valued at $1,880,619.81. The disclosure for this sale can be found here. Insiders have sold a total of 798,654 shares of company stock worth $88,467,343 over the last ninety days. Company insiders own 16.24% of the company’s stock.

Shares of Estee Lauder Companies, Inc. (EL) traded down $1.41 during mid-day trading on Thursday, reaching $124.61. The company had a trading volume of 1,392,200 shares, compared to its average volume of 1,930,323. The company has a market cap of $46,405.10, a price-to-earnings ratio of 32.73, a P/E/G ratio of 2.43 and a beta of 0.68. Estee Lauder Companies, Inc. has a twelve month low of $75.30 and a twelve month high of $126.99. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.75 and a quick ratio of 1.27.

Estee Lauder Companies, Inc. (The) (NYSE:EL) last issued its quarterly earnings data on Wednesday, November 1st. The company reported $1.21 earnings per share for the quarter, topping analysts’ consensus estimates of $0.97 by $0.24. The business had revenue of $3.27 billion for the quarter, compared to analyst estimates of $3.16 billion. Estee Lauder Companies, Inc. (The) had a return on equity of 33.64% and a net margin of 11.30%. Estee Lauder Companies, Inc. (The)’s quarterly revenue was up 14.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.85 EPS. sell-side analysts anticipate that Estee Lauder Companies, Inc. will post 4.16 earnings per share for the current fiscal year.

The company 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 $0.38 per share. The ex-dividend date of this dividend is Wednesday, November 29th. This represents a $1.52 dividend on an annualized basis and a yield of 1.22%. This is a positive change from Estee Lauder Companies, Inc. (The)’s previous quarterly dividend of $0.34. Estee Lauder Companies, Inc. (The)’s payout ratio is currently 36.76%.

Several equities analysts have weighed in on the company. Jefferies Group LLC increased their target price on Estee Lauder Companies, Inc. (The) from $112.00 to $122.00 and gave the company a “hold” rating in a research note on Thursday, September 7th. Sanford C. Bernstein reissued an “outperform” rating and issued a $117.00 target price on shares of Estee Lauder Companies, Inc. (The) in a research note on Tuesday, August 29th. Deutsche Bank AG reissued a “buy” rating and issued a $108.00 target price (up previously from $102.00) on shares of Estee Lauder Companies, Inc. (The) in a research note on Saturday, July 22nd. Stifel Nicolaus increased their target price on Estee Lauder Companies, Inc. (The) from $114.00 to $121.00 and gave the company a “buy” rating in a research note on Thursday, October 19th. Finally, Macquarie assumed coverage on Estee Lauder Companies, Inc. (The) in a research note on Friday, September 15th. They issued an “outperform” rating and a $124.00 target price on the stock. Seven equities research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $117.42.

Estee Lauder Companies, Inc. (The) Company 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.

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

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