Estee Lauder Companies, Inc. (The) (EL) Shares Sold by Caxton Associates LP

Caxton Associates LP decreased its position in Estee Lauder Companies, Inc. (The) (NYSE:EL) by 42.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 40,000 shares of the company’s stock after selling 30,000 shares during the period. Caxton Associates LP’s holdings in Estee Lauder Companies, Inc. (The) were worth $3,839,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of EL. Victory Capital Management Inc. lifted its stake in Estee Lauder Companies, Inc. (The) by 18.9% in the first quarter. Victory Capital Management Inc. now owns 23,445 shares of the company’s stock valued at $1,988,000 after purchasing an additional 3,720 shares during the last quarter. First Interstate Bank purchased a new position in Estee Lauder Companies, Inc. (The) in the first quarter valued at approximately $114,000. LMR Partners LLP purchased a new position in Estee Lauder Companies, Inc. (The) in the first quarter valued at approximately $1,273,000. ZWJ Investment Counsel Inc. purchased a new position in Estee Lauder Companies, Inc. (The) in the first quarter valued at approximately $659,000. Finally, Jones Financial Companies Lllp lifted its stake in Estee Lauder Companies, Inc. (The) by 124.8% in the first quarter. Jones Financial Companies Lllp now owns 12,276 shares of the company’s stock valued at $1,041,000 after purchasing an additional 6,815 shares during the last quarter. Institutional investors and hedge funds own 54.58% of the company’s stock.

In other Estee Lauder Companies, Inc. (The) news, Director Barry S. Sternlicht sold 10,000 shares of Estee Lauder Companies, Inc. (The) stock in a transaction on Monday, August 21st. The shares were sold at an average price of $106.30, for a total value of $1,063,000.00. Following the sale, the director now directly owns 40,982 shares in the company, valued at approximately $4,356,386.60. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Gregory Polcer sold 25,000 shares of Estee Lauder Companies, Inc. (The) stock in a transaction on Wednesday, October 4th. The shares were sold at an average price of $110.00, for a total transaction of $2,750,000.00. The disclosure for this sale can be found here. Over the last quarter, insiders sold 580,641 shares of company stock worth $61,605,635. 16.24% of the stock is currently owned by insiders.

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Estee Lauder Companies, Inc. (NYSE EL) traded down 0.25% on Friday, hitting $109.74. 1,211,998 shares of the stock traded hands. The stock has a market cap of $40.38 billion, a price-to-earnings ratio of 32.76 and a beta of 0.67. The company’s 50 day moving average price is $107.96 and its 200-day moving average price is $96.89. Estee Lauder Companies, Inc. has a 52-week low of $75.30 and a 52-week high of $110.99.

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, beating analysts’ consensus estimates of $0.43 by $0.08. Estee Lauder Companies, Inc. (The) had a net margin of 10.56% and a return on equity of 32.38%. The company had revenue of $2.89 billion for the quarter, compared to analysts’ expectations of $2.86 billion. During the same quarter in the previous year, the company earned $0.43 EPS. Estee Lauder Companies, Inc. (The)’s revenue for the quarter was up 9.4% on a year-over-year basis. On average, analysts forecast that Estee Lauder Companies, Inc. will post $3.98 earnings per share for the current fiscal year.

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

Several equities analysts recently commented on EL shares. Jefferies Group LLC upped their price objective on Estee Lauder Companies, Inc. (The) from $112.00 to $122.00 and gave the company a “hold” rating in a research note on Thursday, September 7th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $117.00 price objective on shares of Estee Lauder Companies, Inc. (The) in a research note on Tuesday, August 29th. Deutsche Bank AG reiterated a “buy” rating and issued a $108.00 price objective (up previously from $102.00) on shares of Estee Lauder Companies, Inc. (The) in a research note on Saturday, July 22nd. Zacks Investment Research upgraded Estee Lauder Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $107.00 price objective on the stock in a research note on Tuesday, July 4th. Finally, Oppenheimer Holdings, Inc. reiterated a “buy” rating and issued a $120.00 price objective (up previously from $110.00) on shares of Estee Lauder Companies, Inc. (The) in a research note on Wednesday, September 20th. One analyst has rated the stock with a sell rating, six have issued a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the stock. Estee Lauder Companies, Inc. (The) currently has an average rating of “Buy” and an average target price of $110.48.

Estee Lauder Companies, Inc. (The) Profile

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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