Estee Lauder Companies, Inc. (The) (EL) Position Boosted by AKO Capital LLP

AKO Capital LLP increased its holdings in shares of Estee Lauder Companies, Inc. (The) (NYSE:EL) by 3.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 705,640 shares of the company’s stock after buying an additional 25,156 shares during the quarter. Estee Lauder Companies, Inc. (The) comprises approximately 6.2% of AKO Capital LLP’s portfolio, making the stock its 3rd biggest holding. AKO Capital LLP owned approximately 0.19% of Estee Lauder Companies, Inc. (The) worth $76,096,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in EL. Jennison Associates LLC purchased a new position in Estee Lauder Companies, Inc. (The) during the third quarter worth about $664,432,000. Janus Henderson Group PLC lifted its position in Estee Lauder Companies, Inc. (The) by 1,676.9% during the second quarter. Janus Henderson Group PLC now owns 4,695,498 shares of the company’s stock worth $450,675,000 after buying an additional 4,431,247 shares during the period. First Eagle Investment Management LLC purchased a new position in Estee Lauder Companies, Inc. (The) during the second quarter worth about $186,061,000. Northern Trust Corp lifted its position in Estee Lauder Companies, Inc. (The) by 41.1% during the second quarter. Northern Trust Corp now owns 3,732,174 shares of the company’s stock worth $358,214,000 after buying an additional 1,086,562 shares during the period. Finally, BlackRock Inc. lifted its position in Estee Lauder Companies, Inc. (The) by 7.4% during the second quarter. BlackRock Inc. now owns 14,797,992 shares of the company’s stock worth $1,420,311,000 after buying an additional 1,022,956 shares during the period. Hedge funds and other institutional investors own 54.99% of the company’s stock.

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Shares of Estee Lauder Companies, Inc. (EL) traded up $0.83 during midday trading on Friday, reaching $124.61. The company’s stock had a trading volume of 1,859,100 shares, compared to its average volume of 2,104,800. Estee Lauder Companies, Inc. has a 12-month low of $75.30 and a 12-month high of $125.29. The company has a current ratio of 1.75, a quick ratio of 1.27 and a debt-to-equity ratio of 0.71. The firm has a market cap of $45,885.89, a price-to-earnings ratio of 32.37, a PEG ratio of 2.41 and a beta of 0.68.

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, beating analysts’ consensus estimates of $0.97 by $0.24. Estee Lauder Companies, Inc. (The) had a return on equity of 33.64% and a net margin of 11.30%. The firm had revenue of $3.27 billion during the quarter, compared to analyst estimates of $3.16 billion. During the same quarter last year, the firm earned $0.85 EPS. Estee Lauder Companies, Inc. (The)’s quarterly revenue was up 14.3% on a year-over-year basis. equities analysts anticipate that Estee Lauder Companies, Inc. will post 4.16 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Thursday, November 30th will be paid a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a yield of 1.22%. The ex-dividend date is Wednesday, November 29th. This is a positive change from Estee Lauder Companies, Inc. (The)’s previous quarterly dividend of $0.34. Estee Lauder Companies, Inc. (The)’s dividend payout ratio (DPR) is 36.76%.

In other news, Director Irvine O. Hockaday, Jr. sold 2,000 shares of Estee Lauder Companies, Inc. (The) stock in a transaction that occurred on Friday, August 25th. The stock was sold at an average price of $105.41, for a total value of $210,820.00. Following the completion of the transaction, the director now owns 26,240 shares in the company, valued at approximately $2,765,958.40. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, VP Sara E. Moss sold 3,971 shares of Estee Lauder Companies, Inc. (The) stock in a transaction that occurred on Friday, September 8th. The stock was sold at an average price of $108.00, for a total value of $428,868.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 798,654 shares of company stock valued at $88,467,343. 16.24% of the stock is owned by insiders.

Several equities analysts recently weighed in on the company. Piper Jaffray Companies reiterated an “overweight” rating and set a $112.00 target price (up from $95.00) on shares of Estee Lauder Companies, Inc. (The) in a research report on Monday, August 21st. Oppenheimer Holdings, Inc. restated an “outperform” rating and issued a $110.00 price objective (up from $100.00) on shares of Estee Lauder Companies, Inc. (The) in a report on Thursday, August 10th. Argus upgraded Estee Lauder Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $125.00 price objective on the stock in a report on Tuesday, August 22nd. KeyCorp restated an “overweight” rating and issued a $135.00 price objective (up from $115.00) on shares of Estee Lauder Companies, Inc. (The) in a report on Thursday, November 2nd. They noted that the move was a valuation call. Finally, Deutsche Bank AG restated a “buy” rating and issued a $108.00 price objective (up from $102.00) on shares of Estee Lauder Companies, Inc. (The) in a report on Saturday, July 22nd. Seven analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has assigned a strong buy rating to the company. Estee Lauder Companies, Inc. (The) presently has a consensus rating of “Buy” and an average target price of $117.42.

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.

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

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