Rational Advisors LLC boosted its position in Estee Lauder Companies Inc (NYSE:EL) by 1,752.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 4,391 shares of the company’s stock after acquiring an additional 4,154 shares during the period. Rational Advisors LLC’s holdings in Estee Lauder Companies were worth $638,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in EL. Fundsmith Equity Fund L.P. purchased a new stake in shares of Estee Lauder Companies in the second quarter worth approximately $701,543,000. JPMorgan Chase & Co. raised its stake in shares of Estee Lauder Companies by 112.1% in the third quarter. JPMorgan Chase & Co. now owns 7,032,887 shares of the company’s stock worth $1,022,019,000 after purchasing an additional 3,716,962 shares during the last quarter. Millennium Management LLC raised its stake in shares of Estee Lauder Companies by 212.5% in the second quarter. Millennium Management LLC now owns 1,120,085 shares of the company’s stock worth $159,825,000 after purchasing an additional 761,655 shares during the last quarter. Pendal Group Ltd raised its stake in shares of Estee Lauder Companies by 1,853.1% in the third quarter. Pendal Group Ltd now owns 594,716 shares of the company’s stock worth $86,424,000 after purchasing an additional 564,266 shares during the last quarter. Finally, Nomura Holdings Inc. raised its stake in shares of Estee Lauder Companies by 101.1% in the second quarter. Nomura Holdings Inc. now owns 5,635 shares of the company’s stock worth $804,000 after purchasing an additional 528,060 shares during the last quarter. Institutional investors and hedge funds own 57.29% of the company’s stock.

Several analysts have recently commented on EL shares. Oppenheimer lowered their price objective on Estee Lauder Companies from $170.00 to $148.00 and set an “outperform” rating for the company in a research note on Tuesday, August 14th. Piper Jaffray Companies set a $162.00 price objective on Estee Lauder Companies and gave the stock a “buy” rating in a research note on Thursday, August 16th. DA Davidson raised Estee Lauder Companies from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $134.00 to $167.00 in a research note on Tuesday, August 21st. Citigroup lowered their price objective on Estee Lauder Companies from $158.00 to $149.00 and set a “neutral” rating for the company in a research note on Tuesday, August 21st. Finally, JPMorgan Chase & Co. set a $154.00 price objective on Estee Lauder Companies and gave the stock a “buy” rating in a research note on Tuesday, August 21st. Five research analysts have rated the stock with a hold rating and twenty have issued a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $146.77.

In related news, insider Fabrizio Freda sold 150,000 shares of Estee Lauder Companies stock in a transaction on Friday, November 16th. The stock was sold at an average price of $144.25, for a total transaction of $21,637,500.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Alexandra C. Trower sold 4,781 shares of Estee Lauder Companies stock in a transaction on Wednesday, November 14th. The shares were sold at an average price of $145.02, for a total value of $693,340.62. Following the sale, the executive vice president now directly owns 18,584 shares of the company’s stock, valued at approximately $2,695,051.68. The disclosure for this sale can be found here. Insiders sold 326,907 shares of company stock valued at $46,189,283 over the last ninety days. Corporate insiders own 16.13% of the company’s stock.

Shares of EL opened at $142.87 on Tuesday. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.75 and a quick ratio of 1.28. Estee Lauder Companies Inc has a 12 month low of $121.93 and a 12 month high of $158.80. The company has a market cap of $52.26 billion, a P/E ratio of 31.68, a price-to-earnings-growth ratio of 2.50 and a beta of 0.66.

Estee Lauder Companies (NYSE:EL) last released its earnings results on Wednesday, October 31st. The company reported $1.41 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.22 by $0.19. Estee Lauder Companies had a return on equity of 38.29% and a net margin of 8.48%. The business had revenue of $3.52 billion during the quarter, compared to the consensus estimate of $3.48 billion. During the same period last year, the business posted $1.21 earnings per share. The business’s revenue for the quarter was up 7.6% on a year-over-year basis. On average, equities research analysts predict that Estee Lauder Companies Inc will post 4.83 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Monday, December 17th. Stockholders of record on Friday, November 30th will be issued a $0.43 dividend. This is a positive change from Estee Lauder Companies’s previous quarterly dividend of $0.38. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.20%. The ex-dividend date of this dividend is Thursday, November 29th. Estee Lauder Companies’s dividend payout ratio (DPR) is presently 33.70%.

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Estee Lauder Companies Profile

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

Read More: Asset Allocation

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Institutional Ownership by Quarter for Estee Lauder Companies (NYSE:EL)

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