Sei Investments Co. Grows Position in The Estée Lauder Companies Inc. (NYSE:EL)

Sei Investments Co. increased its position in The Estée Lauder Companies Inc. ( NYSE:EL – Free Report ) by 568.

4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 150,164 shares of the company’s stock after buying an additional 127,699 shares during the quarter. Sei Investments Co.



’s holdings in Estée Lauder Companies were worth $11,256,000 as of its most recent filing with the Securities & Exchange Commission. A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. American Century Companies Inc.

raised its stake in shares of Estée Lauder Companies by 11,026.8% during the fourth quarter. American Century Companies Inc.

now owns 3,343,607 shares of the company’s stock valued at $250,704,000 after acquiring an additional 3,313,557 shares during the last quarter. Mizuho Securities USA LLC raised its position in Estée Lauder Companies by 46.4% during the 4th quarter.

Mizuho Securities USA LLC now owns 22,124 shares of the company’s stock valued at $1,659,000 after purchasing an additional 7,014 shares during the last quarter. Blueshift Asset Management LLC purchased a new stake in Estée Lauder Companies in the 4th quarter worth approximately $1,452,000. Teacher Retirement System of Texas bought a new stake in shares of Estée Lauder Companies in the 4th quarter worth approximately $1,032,000.

Finally, OVERSEA CHINESE BANKING Corp Ltd grew its position in shares of Estée Lauder Companies by 34.7% in the 4th quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 10,936 shares of the company’s stock worth $816,000 after buying an additional 2,816 shares during the last quarter.

55.15% of the stock is currently owned by institutional investors. Analyst Upgrades and Downgrades A number of brokerages recently commented on EL.

Piper Sandler raised their price target on Estée Lauder Companies from $91.00 to $98.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 29th.

Barclays dropped their target price on shares of Estée Lauder Companies from $71.00 to $64.00 and set an “equal weight” rating for the company in a research report on Thursday, February 6th.

Morgan Stanley cut their target price on shares of Estée Lauder Companies from $85.00 to $81.00 and set an “equal weight” rating on the stock in a research note on Thursday, February 6th.

Canaccord Genuity Group decreased their price target on shares of Estée Lauder Companies from $76.00 to $70.00 and set a “hold” rating for the company in a research note on Wednesday, February 5th.

Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $100.00 price objective on shares of Estée Lauder Companies in a research report on Friday, January 31st. Twenty research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock.

According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $86.00. Insider Activity at Estée Lauder Companies In other Estée Lauder Companies news, Director Paul J.

Fribourg purchased 43,000 shares of Estée Lauder Companies stock in a transaction dated Wednesday, February 5th. The stock was purchased at an average price of $66.35 per share, with a total value of $2,853,050.

00. Following the transaction, the director now directly owns 430,800 shares of the company’s stock, valued at $28,583,580. This trade represents a 11.

09 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link . Also, CFO Akhil Shrivastava acquired 700 shares of the company’s stock in a transaction that occurred on Wednesday, February 5th.

The stock was acquired at an average cost of $65.79 per share, for a total transaction of $46,053.00.

Following the acquisition, the chief financial officer now owns 2,381 shares of the company’s stock, valued at $156,645.99. The trade was a 41.

64 % increase in their position. The disclosure for this purchase can be found here . 12.

78% of the stock is owned by insiders. Estée Lauder Companies Stock Performance Shares of EL opened at $65.42 on Friday.

The company has a market cap of $23.48 billion, a price-to-earnings ratio of -33.55, a P/E/G ratio of 6.

09 and a beta of 1.08. The business’s fifty day simple moving average is $72.

02 and its two-hundred day simple moving average is $77.14. The Estée Lauder Companies Inc.

has a 12 month low of $62.29 and a 12 month high of $155.73.

The company has a current ratio of 1.37, a quick ratio of 0.97 and a debt-to-equity ratio of 1.

75. Estée Lauder Companies ( NYSE:EL – Get Free Report ) last released its quarterly earnings data on Tuesday, February 4th. The company reported $0.

62 EPS for the quarter, beating the consensus estimate of $0.32 by $0.30.

Estée Lauder Companies had a positive return on equity of 16.82% and a negative net margin of 4.61%.

The company had revenue of $4 billion for the quarter, compared to analysts’ expectations of $3.98 billion. During the same period last year, the firm posted $0.

88 earnings per share. Estée Lauder Companies’s revenue was down 6.4% compared to the same quarter last year.

Research analysts anticipate that The Estée Lauder Companies Inc. will post 1.36 earnings per share for the current fiscal year.

Estée Lauder Companies Dividend Announcement The business also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Friday, February 28th were issued a dividend of $0.35 per share.

The ex-dividend date of this dividend was Friday, February 28th. This represents a $1.40 annualized dividend and a dividend yield of 2.

14%. Estée Lauder Companies’s payout ratio is -71.79%.

Estée Lauder Companies Company Profile ( Free Report ) 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, and powders, as well as compacts, brushes, and other makeup tools. Read More Want to see what other hedge funds are holding EL? Visit HoldingsChannel.

com to get the latest 13F filings and insider trades for The Estée Lauder Companies Inc. ( NYSE:EL – Free Report ). Receive News & Ratings for Estée Lauder Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Estée Lauder Companies and related companies with MarketBeat.

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