Trust Co. of Vermont Sells 224 Shares of The Estée Lauder Companies Inc. (NYSE:EL)

Trust Co. of Vermont reduced its position in The Estée Lauder Companies Inc. (NYSE:EL) by 32.0% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 475 shares of the company’s stock after selling 224 shares during the quarter. Trust Co. of Vermont’s holdings in Estée Lauder Companies were worth $51,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Teachers Retirement System of The State of Kentucky boosted its stake in Estée Lauder Companies by 113.7% during the fourth quarter. Teachers Retirement System of The State of Kentucky now owns 156,583 shares of the company’s stock worth $22,900,000 after acquiring an additional 83,320 shares in the last quarter. BNP Paribas bought a new position in Estée Lauder Companies during the first quarter worth $997,000. Public Employees Retirement Association of Colorado boosted its stake in Estée Lauder Companies by 3,477.8% during the fourth quarter. Public Employees Retirement Association of Colorado now owns 566,180 shares of the company’s stock worth $82,804,000 after acquiring an additional 550,355 shares in the last quarter. Transcend Capital Advisors LLC bought a new position in Estée Lauder Companies during the second quarter worth $558,000. Finally, Price T Rowe Associates Inc. MD boosted its stake in Estée Lauder Companies by 1.6% during the first quarter. Price T Rowe Associates Inc. MD now owns 367,218 shares of the company’s stock worth $56,608,000 after acquiring an additional 5,915 shares in the last quarter. 55.15% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, EVP Jane Lauder sold 14,976 shares of the firm’s stock in a transaction that occurred on Thursday, May 30th. The shares were sold at an average price of $121.26, for a total value of $1,815,989.76. Following the completion of the transaction, the executive vice president now directly owns 57,389 shares in the company, valued at $6,958,990.14. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other news, EVP Jane Lauder sold 14,976 shares of the firm’s stock in a transaction that occurred on Thursday, May 30th. The shares were sold at an average price of $121.26, for a total value of $1,815,989.76. Following the completion of the transaction, the executive vice president now directly owns 57,389 shares in the company, valued at $6,958,990.14. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Peter Jueptner sold 12,786 shares of the firm’s stock in a transaction that occurred on Wednesday, May 22nd. The shares were sold at an average price of $130.62, for a total transaction of $1,670,107.32. Following the completion of the transaction, the insider now owns 5,578 shares of the company’s stock, valued at $728,598.36. The disclosure for this sale can be found here. Insiders sold 42,255 shares of company stock worth $5,453,232 over the last quarter. 12.77% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on EL shares. Wells Fargo & Company cut their target price on shares of Estée Lauder Companies from $163.00 to $130.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 10th. Bernstein Bank upped their price objective on shares of Estée Lauder Companies from $155.00 to $160.00 in a report on Wednesday, May 1st. Barclays lowered their price objective on shares of Estée Lauder Companies from $136.00 to $117.00 and set an “equal weight” rating on the stock in a report on Friday, July 19th. StockNews.com upgraded shares of Estée Lauder Companies from a “sell” rating to a “hold” rating in a report on Thursday, May 2nd. Finally, Piper Sandler lowered their price objective on shares of Estée Lauder Companies from $141.00 to $108.00 and set a “neutral” rating on the stock in a report on Thursday, July 11th. Fifteen analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $147.87.

Estée Lauder Companies Stock Performance

NYSE:EL traded down $0.36 on Wednesday, reaching $93.01. 2,252,232 shares of the company’s stock were exchanged, compared to its average volume of 2,829,746. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.58 and a quick ratio of 1.15. The firm has a market cap of $33.35 billion, a price-to-earnings ratio of 52.43, a P/E/G ratio of 1.79 and a beta of 0.99. The Estée Lauder Companies Inc. has a 52 week low of $90.26 and a 52 week high of $175.31. The stock has a fifty day simple moving average of $108.17 and a 200-day simple moving average of $129.75.

Estée Lauder Companies Company Profile

The Estée Lauder Companies Inc manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. It offers skin care products, including moisturizers, serums, cleansers, toners, body care, exfoliators, acne care and oil correctors, facial masks, and sun care products; and makeup products, such as lipsticks, lip glosses, mascaras, foundations, eyeshadows, nail polishes, and powders, as well as compacts, brushes, and other makeup tools.