Rockefeller Financial Services Inc. held its position in shares of Estee Lauder Companies, Inc. (The) (NYSE:EL) during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 7,785 shares of the company’s stock at the end of the second quarter. Rockefeller Financial Services Inc.’s holdings in Estee Lauder Companies, Inc. (The) were worth $747,000 as of its most recent filing with the SEC.
Several other institutional investors have also modified their holdings of the company. Rathbone Brothers plc boosted its position in Estee Lauder Companies, Inc. (The) by 43.2% in the first quarter. Rathbone Brothers plc now owns 67,046 shares of the company’s stock valued at $5,685,000 after buying an additional 20,233 shares in the last quarter. Swarthmore Group Inc. purchased a new position in Estee Lauder Companies, Inc. (The) during the first quarter valued at $11,182,000. Chevy Chase Trust Holdings Inc. boosted its position in Estee Lauder Companies, Inc. (The) by 7.2% in the first quarter. Chevy Chase Trust Holdings Inc. now owns 357,434 shares of the company’s stock valued at $30,306,000 after buying an additional 23,874 shares in the last quarter. Bath Savings Trust Co boosted its position in Estee Lauder Companies, Inc. (The) by 20.7% in the first quarter. Bath Savings Trust Co now owns 24,340 shares of the company’s stock valued at $2,063,000 after buying an additional 4,166 shares in the last quarter. Finally, Macquarie Group Ltd. boosted its position in 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 valued at $2,414,000 after buying an additional 12,210 shares in the last quarter. 55.38% of the stock is owned by institutional investors.
Shares of Estee Lauder Companies, Inc. (NYSE:EL) opened at 101.13 on Tuesday. The stock’s 50 day moving average price is $97.54 and its 200-day moving average price is $90.50. Estee Lauder Companies, Inc. has a 12-month low of $75.29 and a 12-month high of $104.50. The firm has a market cap of $37.20 billion, a P/E ratio of 33.89 and a beta of 0.72.
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Several equities analysts recently weighed in on the stock. Oppenheimer Holdings, Inc. reissued an “outperform” rating and issued a $110.00 target price (up from $100.00) on shares of Estee Lauder Companies, Inc. (The) in a research note on Thursday, August 10th. Wells Fargo & Company reissued a “buy” rating and issued a $112.00 target price on shares of Estee Lauder Companies, Inc. (The) in a research note on Friday. Royal Bank Of Canada set a $100.00 target price on shares of Estee Lauder Companies, Inc. (The) and gave the company a “buy” rating in a research note on Wednesday, August 9th. BidaskClub raised shares of Estee Lauder Companies, Inc. (The) from a “hold” rating to a “buy” rating in a research note on Monday, July 31st. Finally, Deutsche Bank AG reissued a “buy” rating and issued a $108.00 target price (up from $102.00) on shares of Estee Lauder Companies, Inc. (The) in a research note on Saturday, July 22nd. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and sixteen have issued a buy rating to the company. Estee Lauder Companies, Inc. (The) presently has a consensus rating of “Buy” and an average price target of $100.03.
In other Estee Lauder Companies, Inc. (The) news, VP Sara E. Moss sold 14,552 shares of the firm’s stock in a transaction dated Monday, August 7th. The stock was sold at an average price of $100.22, for a total value of $1,458,401.44. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Charlene Barshefsky sold 2,383 shares of the firm’s stock in a transaction dated Monday, May 22nd. The stock was sold at an average price of $92.98, for a total value of $221,571.34. Following the completion of the transaction, 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. Insiders have sold a total of 86,318 shares of company stock valued at $8,291,130 in the last quarter. 16.98% of the stock is owned by corporate 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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