Advisor Partners LLC raised its stake in Estee Lauder Companies, Inc. (The) (NYSE:EL) by 24.1% during the second quarter, Holdings Channel reports. The fund owned 4,108 shares of the company’s stock after buying an additional 798 shares during the period. Advisor Partners LLC’s holdings in Estee Lauder Companies, Inc. (The) were worth $394,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in EL. BLS Capital Fondsmaeglerselskab A S purchased a new stake in shares of Estee Lauder Companies, Inc. (The) during the fourth quarter worth approximately $12,896,000. Macquarie Group Ltd. increased its stake in shares of Estee Lauder Companies, Inc. (The) by 63.1% in the fourth quarter. Macquarie Group Ltd. now owns 31,560 shares of the company’s stock worth $2,414,000 after buying an additional 12,210 shares in the last quarter. Raymond James Trust N.A. increased its stake in shares of Estee Lauder Companies, Inc. (The) by 6.8% in the first quarter. Raymond James Trust N.A. now owns 7,061 shares of the company’s stock worth $599,000 after buying an additional 448 shares in the last quarter. Charter Trust Co. purchased a new stake in shares of Estee Lauder Companies, Inc. (The) during the first quarter worth approximately $206,000. Finally, Gulf International Bank UK Ltd increased its stake in shares of Estee Lauder Companies, Inc. (The) by 1.6% in the first quarter. Gulf International Bank UK Ltd now owns 70,853 shares of the company’s stock worth $6,007,000 after buying an additional 1,100 shares in the last quarter. 54.73% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Estee Lauder Companies, Inc. (EL) opened at 103.77 on Thursday. Estee Lauder Companies, Inc. has a 52 week low of $75.30 and a 52 week high of $104.50. The company’s 50-day moving average is $97.23 and its 200-day moving average is $90.01. The firm has a market cap of $38.17 billion, a PE ratio of 34.78 and a beta of 0.72.

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A number of equities research analysts have commented on the stock. Royal Bank Of Canada set a $100.00 price objective on shares of Estee Lauder Companies, Inc. (The) and gave the company a “buy” rating in a research report on Wednesday. BidaskClub raised shares of Estee Lauder Companies, Inc. (The) from a “hold” rating to a “buy” rating in a research report on Monday, July 31st. Deutsche Bank AG reissued a “buy” rating and issued a $108.00 price objective (up from $102.00) on shares of Estee Lauder Companies, Inc. (The) in a research report on Saturday, July 22nd. Wells Fargo & Company reissued an “outperform” rating and issued a $106.00 price objective (up from $103.00) on shares of Estee Lauder Companies, Inc. (The) in a research report on Saturday, July 22nd. Finally, Bank of America Corporation increased their price objective on shares of Estee Lauder Companies, Inc. (The) from $100.00 to $105.00 and gave the company a “buy” rating in a research report on Monday, July 10th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and sixteen have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $98.83.

In other Estee Lauder Companies, Inc. (The) news, VP Sara E. Moss sold 14,552 shares of the business’s stock in a transaction on Monday, August 7th. The shares were sold at an average price of $100.22, for a total transaction of $1,458,401.44. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Charlene Barshefsky sold 2,383 shares of the business’s stock in a transaction on Monday, May 22nd. The shares were sold at an average price of $92.98, for a total transaction of $221,571.34. Following the sale, the director now owns 4,000 shares of the company’s stock, valued at approximately $371,920. The disclosure for this sale can be found here. In the last quarter, insiders have sold 86,318 shares of company stock valued at $8,291,130. 16.98% of the stock is owned by insiders.

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.

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

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