Hudson Valley Investment Advisors Inc. ADV boosted its stake in Estee Lauder Companies Inc (NYSE:EL) by 57.7% during the 4th quarter, HoldingsChannel reports. The fund owned 15,730 shares of the company’s stock after buying an additional 5,755 shares during the period. Hudson Valley Investment Advisors Inc. ADV’s holdings in Estee Lauder Companies were worth $2,001,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Acrospire Investment Management LLC raised its holdings in shares of Estee Lauder Companies by 2,291.7% during the second quarter. Acrospire Investment Management LLC now owns 1,148 shares of the company’s stock worth $110,000 after purchasing an additional 1,100 shares during the period. Parkside Financial Bank & Trust raised its holdings in shares of Estee Lauder Companies by 126.1% during the third quarter. Parkside Financial Bank & Trust now owns 1,135 shares of the company’s stock worth $123,000 after purchasing an additional 633 shares during the period. Sun Life Financial INC raised its holdings in shares of Estee Lauder Companies by 16,290.0% during the second quarter. Sun Life Financial INC now owns 1,639 shares of the company’s stock worth $157,000 after purchasing an additional 1,629 shares during the period. Zions Bancorporation raised its holdings in shares of Estee Lauder Companies by 2,781.3% during the third quarter. Zions Bancorporation now owns 1,844 shares of the company’s stock worth $198,000 after purchasing an additional 1,780 shares during the period. Finally, Shelton Capital Management acquired a new stake in shares of Estee Lauder Companies during the second quarter worth $205,000. 53.65% of the stock is currently owned by hedge funds and other institutional investors.

In related news, insider John Demsey sold 77,608 shares of the stock in a transaction dated Tuesday, January 2nd. The shares were sold at an average price of $127.52, for a total value of $9,896,572.16. Following the completion of the transaction, the insider now owns 23,305 shares in the company, valued at approximately $2,971,853.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Richard F. Zannino sold 23,312 shares of the stock in a transaction dated Thursday, November 2nd. The shares were sold at an average price of $119.23, for a total transaction of $2,779,489.76. Following the completion of the transaction, the director now owns 14,000 shares of the company’s stock, valued at approximately $1,669,220. The disclosure for this sale can be found here. Insiders sold a total of 1,566,381 shares of company stock valued at $195,955,337 in the last quarter. 16.24% of the stock is currently owned by insiders.

Shares of Estee Lauder Companies Inc (NYSE:EL) traded down $0.56 on Tuesday, reaching $128.53. 1,465,900 shares of the company were exchanged, compared to its average volume of 1,490,956. The company has a market cap of $47,620.00, a price-to-earnings ratio of 34.74, a PEG ratio of 2.47 and a beta of 0.71. The company has a quick ratio of 1.27, a current ratio of 1.75 and a debt-to-equity ratio of 0.71. Estee Lauder Companies Inc has a 12-month low of $78.36 and a 12-month high of $132.49.

Estee Lauder Companies (NYSE:EL) last announced its earnings results on Wednesday, November 1st. The company reported $1.21 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.97 by $0.24. The firm had revenue of $3.27 billion during the quarter, compared to analyst estimates of $3.16 billion. Estee Lauder Companies had a net margin of 11.30% and a return on equity of 33.64%. Estee Lauder Companies’s revenue was up 14.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.85 EPS. research analysts anticipate that Estee Lauder Companies Inc will post 4.17 earnings per share for the current fiscal year.

A number of analysts have weighed in on EL shares. Citigroup reissued an “outperform” rating and set a $120.00 target price (up from $110.00) on shares of Estee Lauder Companies in a report on Wednesday, September 20th. Oppenheimer reissued a “buy” rating and set a $120.00 target price (up from $110.00) on shares of Estee Lauder Companies in a report on Wednesday, September 20th. DA Davidson started coverage on shares of Estee Lauder Companies in a report on Wednesday, September 27th. They set a “neutral” rating and a $115.00 target price on the stock. Bank of America increased their target price on shares of Estee Lauder Companies from $115.00 to $122.00 and gave the stock a “buy” rating in a report on Friday, October 13th. Finally, KeyCorp set a $115.00 target price on shares of Estee Lauder Companies and gave the stock a “buy” rating in a report on Monday, October 16th. Seven equities research analysts have rated the stock with a hold rating and nineteen have given a buy rating to the company’s stock. Estee Lauder Companies currently has an average rating of “Buy” and a consensus price target of $117.33.

TRADEMARK VIOLATION NOTICE: This report was originally reported by Watch List News and is the sole property of of Watch List News. If you are reading this report on another domain, it was illegally stolen and republished in violation of US & international trademark and copyright legislation. The correct version of this report can be viewed at https://www.watchlistnews.com/estee-lauder-companies-inc-el-position-increased-by-hudson-valley-investment-advisors-inc-adv/1809381.html.

Estee Lauder Companies 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.

Want to see what other hedge funds are holding EL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Estee Lauder Companies Inc (NYSE:EL).

Institutional Ownership by Quarter for Estee Lauder Companies (NYSE:EL)

Receive News & Ratings for Estee Lauder Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Estee Lauder Companies and related companies with MarketBeat.com's FREE daily email newsletter.