Sei Investments Co. Boosts Holdings in The Estee Lauder Companies Inc. $EL

Sei Investments Co. raised its position in The Estee Lauder Companies Inc. (NYSE:EL) by 8.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 76,606 shares of the company’s stock after acquiring an additional 6,238 shares during the period. Sei Investments Co.’s holdings in Estee Lauder Companies were worth $5,498,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. REAP Financial Group LLC purchased a new position in Estee Lauder Companies during the 4th quarter worth $27,000. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna purchased a new stake in Estee Lauder Companies in the fourth quarter valued at about $27,000. Flagship Harbor Advisors LLC purchased a new stake in Estee Lauder Companies in the fourth quarter valued at about $32,000. N.E.W. Advisory Services LLC boosted its holdings in Estee Lauder Companies by 39.1% in the fourth quarter. N.E.W. Advisory Services LLC now owns 324 shares of the company’s stock worth $34,000 after acquiring an additional 91 shares in the last quarter. Finally, DV Equities LLC acquired a new position in shares of Estee Lauder Companies during the fourth quarter valued at about $36,000. 55.15% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently commented on EL. Citigroup lifted their target price on shares of Estee Lauder Companies from $92.00 to $110.00 and gave the stock a “buy” rating in a research note on Friday, May 22nd. JPMorgan Chase & Co. cut their price target on shares of Estee Lauder Companies from $99.00 to $94.00 and set an “overweight” rating on the stock in a research note on Thursday, July 16th. Telsey Advisory Group lowered their price objective on shares of Estee Lauder Companies from $105.00 to $90.00 and set a “market perform” rating for the company in a research note on Monday, May 4th. The Goldman Sachs Group began coverage on shares of Estee Lauder Companies in a report on Monday, June 22nd. They set a “buy” rating and a $100.00 price objective on the stock. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Estee Lauder Companies in a research note on Friday. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $96.95.

Estee Lauder Companies Stock Up 2.6%

NYSE:EL opened at $86.88 on Wednesday. The firm has a market capitalization of $31.43 billion, a P/E ratio of -124.11, a PEG ratio of 0.66 and a beta of 1.25. The Estee Lauder Companies Inc. has a 1-year low of $66.22 and a 1-year high of $121.64. The company’s fifty day moving average price is $84.04 and its 200-day moving average price is $88.89. The company has a debt-to-equity ratio of 1.71, a current ratio of 1.27 and a quick ratio of 0.94.

Estee Lauder Companies Company Profile

Estée Lauder Companies Inc (NYSE: EL) is a global leader in prestige beauty that develops, manufactures and markets a broad portfolio of skincare, makeup, fragrance and hair care products. Founded in 1946 by Estée Lauder, the company has grown from a small family business into a multinational consumer-products enterprise headquartered in New York City. Its activities span product research and development, brand and product marketing, manufacturing and global distribution across multiple retail channels.

The company’s portfolio includes a mix of legacy and prestige brands that target different consumer segments and price points, with well-known names such as Estée Lauder, Clinique, MAC, La Mer and Jo Malone among others.