Estee Lauder Companies Inc (EL) Holdings Trimmed by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. trimmed its position in Estee Lauder Companies Inc (NYSE:EL) by 29.0% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 443,343 shares of the company’s stock after selling 181,514 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Estee Lauder Companies were worth $64,427,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of EL. Palo Capital Inc. acquired a new position in Estee Lauder Companies during the 3rd quarter valued at approximately $1,867,000. Wright Investors Service Inc. acquired a new position in Estee Lauder Companies during the 3rd quarter valued at approximately $585,000. Retirement Systems of Alabama boosted its position in Estee Lauder Companies by 15.0% during the 3rd quarter. Retirement Systems of Alabama now owns 260,666 shares of the company’s stock valued at $37,880,000 after purchasing an additional 34,032 shares during the period. Moloney Securities Asset Management LLC boosted its position in Estee Lauder Companies by 23.9% during the 3rd quarter. Moloney Securities Asset Management LLC now owns 4,078 shares of the company’s stock valued at $593,000 after purchasing an additional 786 shares during the period. Finally, HighPoint Advisor Group LLC acquired a new position in shares of Estee Lauder Companies during the third quarter valued at $185,000. Institutional investors and hedge funds own 56.40% of the company’s stock.

In related news, EVP Michael O’hare sold 5,671 shares of the stock in a transaction that occurred on Wednesday, September 5th. The shares were sold at an average price of $138.22, for a total transaction of $783,845.62. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Irvine O. Hockaday, Jr. sold 1,700 shares of the stock in a transaction that occurred on Tuesday, September 11th. The shares were sold at an average price of $137.57, for a total transaction of $233,869.00. Following the sale, the director now directly owns 15,040 shares of the company’s stock, valued at $2,069,052.80. The disclosure for this sale can be found here. In the last 90 days, insiders sold 107,756 shares of company stock valued at $14,739,082. Insiders own 16.13% of the company’s stock.



EL has been the subject of several analyst reports. Wells Fargo & Co reduced their price target on shares of Estee Lauder Companies from $168.00 to $165.00 and set an “outperform” rating for the company in a report on Wednesday, October 17th. JPMorgan Chase & Co. downgraded shares of Estee Lauder Companies from an “overweight” rating to a “neutral” rating and set a $138.00 price target for the company. in a report on Friday, October 12th. Citigroup reduced their target price on shares of 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. Atlantic Securities began coverage on shares of Estee Lauder Companies in a research note on Thursday, September 20th. They set an “overweight” rating and a $162.00 target price for the company. Finally, Stifel Nicolaus reduced their target price on shares of Estee Lauder Companies from $150.00 to $145.00 and set a “buy” rating for the company in a research note on Monday, October 15th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and twenty-one have issued a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $145.87.

Shares of NYSE:EL opened at $126.41 on Friday. The company has a market capitalization of $46.34 billion, a PE ratio of 28.03, a P/E/G ratio of 2.12 and a beta of 0.61. The company has a quick ratio of 1.37, a current ratio of 1.86 and a debt-to-equity ratio of 0.71. Estee Lauder Companies Inc has a twelve month low of $109.75 and a twelve month high of $158.80.

Estee Lauder Companies (NYSE:EL) last released its earnings results on Monday, August 20th. The company reported $0.61 earnings per share for the quarter, topping analysts’ consensus estimates of $0.56 by $0.05. The firm had revenue of $3.30 billion during the quarter, compared to the consensus estimate of $3.25 billion. Estee Lauder Companies had a return on equity of 36.09% and a net margin of 8.10%. The firm’s revenue for the quarter was up 13.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.51 earnings per share. Equities analysts forecast that Estee Lauder Companies Inc will post 4.73 earnings per share for the current year.

Estee Lauder Companies Company 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.

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

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