Institutional & Family Asset Management LLC raised its stake in shares of The Estée Lauder Companies Inc. (NYSE:EL – Get Rating) by 42.1% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 14,147 shares of the company’s stock after acquiring an additional 4,188 shares during the period. Institutional & Family Asset Management LLC’s holdings in Estée Lauder Companies were worth $3,054,000 as of its most recent SEC filing.

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Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. BI Asset Management Fondsmaeglerselskab AS grew its holdings in Estée Lauder Companies by 112.9% during the 3rd quarter. BI Asset Management Fondsmaeglerselskab AS now owns 2,427 shares of the company’s stock valued at $524,000 after buying an additional 1,287 shares during the last quarter. Quantbot Technologies LP acquired a new position in Estée Lauder Companies in the third quarter valued at $2,712,000. Personal Capital Advisors Corp boosted its holdings in Estée Lauder Companies by 21.3% in the third quarter. Personal Capital Advisors Corp now owns 50,996 shares of the company’s stock valued at $11,010,000 after acquiring an additional 8,961 shares during the last quarter. Level Four Advisory Services LLC boosted its holdings in Estée Lauder Companies by 1.4% in the third quarter. Level Four Advisory Services LLC now owns 7,209 shares of the company’s stock valued at $ 1,556,000 after acquiring an additional 99 shares during the last quarter. Finally, Jump Financial LLC purchased a new position in Estée Lauder Companies in the third quarter valued at about $231,000. 55.74% of the stock and vests is owned by hedge funds

Insider Buying and Selling

In other Estée Lauder Companies news, CEO Fabrizio Freda sold 11,705 shares of the firm’s stock in a transaction dated Monday, January 23rd. The stock was sold at an average price of $270.00, for a total transaction of $3,160,350.00. executive officer now owns 125,762 shares in the company, valued at $33,955,740. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 12.75% of the stock is currently owned by company

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Oppenheimer lifted their price target on Estée Lauder Companies from $245.00 to $300.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 17th. Berenberg Bank downgraded Estée from Lauder Companies a “buy” rating to a “hold” rating and reduced their price objective for the stock from $323.00 to $220.00 in a research report on Monday, November 7th. Piper Sandler boosted their target price on Estée Lauder Companies from $255.00 to $290.00 in a report on Tuesday, January 3rd. The Street raised Estée Lauder Companies from a “c+” rating to a “b-” rating in a report on Friday, January 20th. Finally, Deutsche Bank Aktiengesellschaft upped their price target on Estée Lauder Companies from $266.00 to $29 in a report on Monday. One research analyst has rated the stock with a sell rating, six have given a hold rating, sixteen have assigned a buy rating and one has issued a strong buy rating to the c ompany’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $273.83.

Estée Lauder Companies Stock Down 0.7 %

EL stock traded down $1.96 during trading on Friday, reaching $271.26. 368,572 shares of the stock were exchanged, compared to its average volume of 1,387,837. The company has a current ratio of 1.68, a quick quency ratio of 1.11 ratio of 0.93. The firm’s 50 day moving average is $247.01 and its 200 day moving average is $242.13. The firm has a market cap of $96.79 billion, a P/E ratio of 45.61, a price-to-earnings-growth ratio of 5.30 and a beta of 0.95. The Estée Lauder Companies Inc. has a twelve month low of $186.47 and a twelve month high of $324.70.

Estée Lauder Companies (NYSE:EL – Get Rating) last announced its quarterly earnings data on Wednesday, November 2nd. The company reported $1.37 earnings per share for the quarter, beating the consensus estimate of $1.29 by $0.08. Estée Lauder Companies on a had equity of 41.46% and a net margin of 12.66%. The business had revenue of $3.93 billion during the quarter, compared to analyst estimates of $3.92 billion. As a group, research analysts forecast that The Estée Lauder Companies Inc. will post 5.37 EPS for the current year.

Estée Lauder Companies Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 15th. Investors of record on Wednesday, November 30th were given a $0.66 dividend. This represents a $2.64 dividend on an annualized basis and a dividend yield of 0.97%. ex-dividend date was Tuesday, November 29th. This is an increase from Estée Lauder Companies’s previous quarterly dividend of $0.60. Estée Lauder Companies’s dividend payout ratio (DPR) is 44.07%.

Estée Lauder Companies Profile

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The Estée Lauder Companies Inc manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. It offers a range of skin care products, including moisturizers, serums, cleansers, toners, body care, exfoliators, acne care and oil correctors, facial masks, cleansing devices, and sun care products; and makeup products, such as lipsticks, lip glosses, mascaras, foundations, eyeshadows, nail polishes, and powders, as well as compacts, brushes, and other makeup tools.

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