Mitsubishi UFJ Trust & Banking Corp reduced its position in shares of Estee Lauder Companies, Inc. (The) (NYSE:EL) by 1.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 672,962 shares of the company’s stock after selling 8,834 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned about 0.18% of Estee Lauder Companies, Inc. (The) worth $64,591,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the stock. American Beacon Advisors Inc. purchased a new position in shares of Estee Lauder Companies, Inc. (The) during the first quarter valued at approximately $100,000. Bronfman E.L. Rothschild L.P. increased its position in shares of Estee Lauder Companies, Inc. (The) by 36.3% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 1,298 shares of the company’s stock valued at $110,000 after buying an additional 346 shares in the last quarter. Israel Discount Bank of New York purchased a new position in shares of Estee Lauder Companies, Inc. (The) during the first quarter valued at approximately $110,000. First Interstate Bank purchased a new position in shares of Estee Lauder Companies, Inc. (The) during the first quarter valued at approximately $114,000. Finally, Shine Investment Advisory Services Inc. purchased a new position in shares of Estee Lauder Companies, Inc. (The) during the second quarter valued at approximately $147,000. Institutional investors own 54.62% of the company’s stock.

Shares of Estee Lauder Companies, Inc. (NYSE:EL) opened at 106.50 on Monday. Estee Lauder Companies, Inc. has a 12 month low of $75.29 and a 12 month high of $107.91. The company has a market cap of $39.20 billion, a PE ratio of 31.79 and a beta of 0.72. The firm’s 50-day moving average is $99.47 and its 200-day moving average is $91.81.

Estee Lauder Companies, Inc. (The) (NYSE:EL) last posted its quarterly earnings results on Friday, August 18th. The company reported $0.51 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.43 by $0.08. The company had revenue of $2.89 billion for the quarter, compared to the consensus estimate of $2.86 billion. Estee Lauder Companies, Inc. (The) had a net margin of 10.56% and a return on equity of 32.38%. The firm’s revenue was up 9.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.43 EPS. On average, equities research analysts predict that Estee Lauder Companies, Inc. will post $3.97 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Thursday, August 31st will be issued a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a yield of 1.28%. The ex-dividend date is Tuesday, August 29th. Estee Lauder Companies, Inc. (The)’s payout ratio is 40.60%.

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Several research analysts have commented on EL shares. Deutsche Bank AG lowered their price objective on shares of Estee Lauder Companies, Inc. (The) from $102.00 to $96.00 and set a “buy” rating for the company in a research report on Thursday, May 4th. Vetr cut shares of Estee Lauder Companies, Inc. (The) from a “strong-buy” rating to a “buy” rating and set a $101.50 target price on the stock. in a research note on Wednesday, May 3rd. Societe Generale cut shares of Estee Lauder Companies, Inc. (The) from a “buy” rating to a “hold” rating and boosted their target price for the stock from $90.00 to $93.00 in a research note on Friday, May 5th. Stifel Nicolaus decreased their target price on shares of Estee Lauder Companies, Inc. (The) from $108.00 to $98.00 and set a “buy” rating on the stock in a research note on Tuesday, June 6th. Finally, BMO Capital Markets reaffirmed a “sell” rating on shares of Estee Lauder Companies, Inc. (The) in a research note on Thursday, May 4th. One analyst has rated the stock with a sell rating, four have assigned a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the stock. Estee Lauder Companies, Inc. (The) has a consensus rating of “Buy” and an average target price of $107.75.

In other Estee Lauder Companies, Inc. (The) news, insider Fabrizio Freda sold 15,880 shares of the stock in a transaction dated Thursday, July 6th. The shares were sold at an average price of $95.08, for a total transaction of $1,509,870.40. Following the transaction, the insider now directly owns 74,188 shares in the company, valued at approximately $7,053,795.04. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Rose Marie Bravo sold 9,312 shares of the stock in a transaction dated Thursday, June 8th. The stock was sold at an average price of $95.89, for a total transaction of $892,927.68. Following the transaction, the director now owns 12,576 shares in the company, valued at $1,205,912.64. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 419,300 shares of company stock worth $43,755,621. 16.98% of the stock is owned by company 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.

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

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