Associated Banc Corp acquired a new stake in Estee Lauder Companies, Inc. (The) (NYSE:EL) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 2,104 shares of the company’s stock, valued at approximately $202,000.

Other hedge funds have also recently made changes to their positions in the company. American Beacon Advisors Inc. purchased a new position in Estee Lauder Companies, Inc. (The) in the 1st quarter valued at $100,000. Bronfman E.L. Rothschild L.P. raised its holdings in shares of Estee Lauder Companies, Inc. (The) by 36.3% during the 1st quarter. Bronfman E.L. Rothschild L.P. now owns 1,298 shares of the company’s stock worth $110,000 after acquiring an additional 346 shares during the period. Israel Discount Bank of New York purchased a new position in shares of Estee Lauder Companies, Inc. (The) during the 1st quarter worth $110,000. First Interstate Bank purchased a new position in shares of Estee Lauder Companies, Inc. (The) during the 1st quarter worth $114,000. Finally, Shine Investment Advisory Services Inc. purchased a new position in shares of Estee Lauder Companies, Inc. (The) during the 2nd quarter worth $147,000. Institutional investors own 54.63% of the company’s stock.

In other news, VP Sara E. Moss sold 3,971 shares of the firm’s stock in a transaction dated Friday, September 8th. The stock was sold at an average price of $108.00, for a total value of $428,868.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, 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 disclosure for this sale can be found here. Over the last 90 days, insiders sold 568,791 shares of company stock worth $60,070,365. Company insiders own 16.98% of the company’s stock.

Several research analysts have recently commented on EL shares. Bank of America Corporation lifted their price target on Estee Lauder Companies, Inc. (The) from $100.00 to $105.00 and gave the stock a “buy” rating in a report on Monday, July 10th. Stifel Nicolaus set a $108.00 price target on Estee Lauder Companies, Inc. (The) and gave the stock a “buy” rating in a report on Thursday, July 6th. Jefferies Group LLC reiterated a “buy” rating and set a $110.00 price target on shares of Estee Lauder Companies, Inc. (The) in a report on Thursday, July 6th. Zacks Investment Research upgraded Estee Lauder Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $107.00 price target on the stock in a report on Tuesday, July 4th. Finally, Royal Bank Of Canada reiterated a “buy” rating and set a $100.00 price target on shares of Estee Lauder Companies, Inc. (The) in a report on Wednesday, May 31st. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, eighteen have issued a buy rating and one has issued a strong buy rating to the stock. Estee Lauder Companies, Inc. (The) presently has a consensus rating of “Buy” and an average target price of $109.41.

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Estee Lauder Companies, Inc. (NYSE:EL) opened at 109.69 on Friday. The firm has a market capitalization of $40.36 billion, a P/E ratio of 32.74 and a beta of 0.67. Estee Lauder Companies, Inc. has a 52-week low of $75.30 and a 52-week high of $110.99. The firm has a 50-day moving average price of $104.20 and a 200 day moving average price of $94.26.

Estee Lauder Companies, Inc. (The) (NYSE:EL) last released its earnings results on Friday, August 18th. The company reported $0.51 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.43 by $0.08. The firm 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 return on equity of 32.38% and a net margin of 10.56%. The firm’s revenue for the quarter was up 9.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.43 earnings per share. Analysts forecast that Estee Lauder Companies, Inc. will post $3.97 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 15th. Stockholders of record on Thursday, August 31st were issued a $0.34 dividend. The ex-dividend date of this dividend was Tuesday, August 29th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 1.24%. Estee Lauder Companies, Inc. (The)’s dividend payout ratio (DPR) is 40.60%.

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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