Estee Lauder Companies, Inc. (The) (EL) Position Increased by Sei Investments Co.

Sei Investments Co. raised its position in Estee Lauder Companies, Inc. (The) (NYSE:EL) by 120.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 195,253 shares of the company’s stock after purchasing an additional 106,731 shares during the quarter. Sei Investments Co. owned 0.05% of Estee Lauder Companies, Inc. (The) worth $21,056,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of EL. Acrospire Investment Management LLC increased its position in shares of Estee Lauder Companies, Inc. (The) 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 acquiring an additional 1,100 shares during the period. Parkside Financial Bank & Trust increased its position in shares of Estee Lauder Companies, Inc. (The) 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 acquiring an additional 633 shares during the period. Shine Investment Advisory Services Inc. bought a new position in shares of Estee Lauder Companies, Inc. (The) during the second quarter valued at approximately $147,000. Sun Life Financial INC boosted its stake in shares of Estee Lauder Companies, Inc. (The) by 16,290.0% during the second quarter. Sun Life Financial INC now owns 1,639 shares of the company’s stock valued at $157,000 after purchasing an additional 1,629 shares in the last quarter. Finally, Bessemer Group Inc. boosted its stake in shares of Estee Lauder Companies, Inc. (The) by 4.8% during the second quarter. Bessemer Group Inc. now owns 1,866 shares of the company’s stock valued at $179,000 after purchasing an additional 86 shares in the last quarter. 56.26% of the stock is currently owned by institutional investors.

Shares of Estee Lauder Companies, Inc. (NYSE:EL) opened at $126.32 on Tuesday. The firm has a market cap of $45,885.89, a price-to-earnings ratio of 32.37, a P/E/G ratio of 2.41 and a beta of 0.68. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.27 and a current ratio of 1.75. Estee Lauder Companies, Inc. has a 52 week low of $75.30 and a 52 week high of $126.99.

Estee Lauder Companies, Inc. (The) (NYSE:EL) last released its earnings results on Wednesday, November 1st. The company reported $1.21 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.97 by $0.24. Estee Lauder Companies, Inc. (The) had a net margin of 11.30% and a return on equity of 33.64%. The company had revenue of $3.27 billion during the quarter, compared to analysts’ expectations of $3.16 billion. During the same quarter last year, the business earned $0.85 EPS. The business’s revenue was up 14.3% on a year-over-year basis. analysts forecast that Estee Lauder Companies, Inc. will post 4.16 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Thursday, November 30th will be paid a $0.38 dividend. This represents a $1.52 annualized dividend and a dividend yield of 1.20%. The ex-dividend date is Wednesday, November 29th. This is a boost 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, EVP Michael O’hare sold 42,032 shares of the 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 owns 17,841 shares in the company, valued at approximately $1,880,619.81. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Cedric Prouve sold 100,927 shares of the stock in a transaction dated Wednesday, November 8th. The shares were sold at an average price of $123.01, for a total transaction of $12,415,030.27. Following the completion of the transaction, the insider now owns 227,119 shares of the company’s stock, valued at approximately $27,937,908.19. The disclosure for this sale can be found here. Insiders sold a total of 798,654 shares of company stock valued at $88,467,343 in the last 90 days. Company insiders own 16.24% of the company’s stock.

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A number of equities analysts have recently issued reports on the stock. Piper Jaffray Companies reiterated an “overweight” rating and set a $112.00 price objective (up from $95.00) on shares of Estee Lauder Companies, Inc. (The) in a research note on Monday, August 21st. Oppenheimer Holdings, Inc. reiterated an “outperform” rating and set a $110.00 price objective (up from $100.00) on shares of Estee Lauder Companies, Inc. (The) in a research note on Thursday, August 10th. Argus upgraded shares of 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 research note on Tuesday, August 22nd. Deutsche Bank AG reiterated a “buy” rating and set a $108.00 price objective (up from $102.00) on shares of Estee Lauder Companies, Inc. (The) in a research note on Saturday, July 22nd. Finally, Royal Bank Of Canada set a $115.00 price objective on shares of Estee Lauder Companies, Inc. (The) and gave the company a “buy” rating in a research note on Monday, August 21st. Seven equities research 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’s stock. Estee Lauder Companies, Inc. (The) presently has a consensus rating of “Buy” and a consensus price target 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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