B & T Capital Management DBA Alpha Capital Management Has $1.37 Million Position in Estee Lauder Companies, Inc. (The) (EL)

B & T Capital Management DBA Alpha Capital Management boosted its stake in Estee Lauder Companies, Inc. (The) (NYSE:EL) by 4.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 14,285 shares of the company’s stock after buying an additional 659 shares during the period. B & T Capital Management DBA Alpha Capital Management’s holdings in Estee Lauder Companies, Inc. (The) were worth $1,371,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in EL. BlackRock Inc. raised its stake in shares of Estee Lauder Companies, Inc. (The) by 1,454.5% in the first quarter. BlackRock Inc. now owns 13,775,036 shares of the company’s stock valued at $1,167,987,000 after buying an additional 12,888,915 shares in the last quarter. Scopus Asset Management L.P. acquired a new position in Estee Lauder Companies, Inc. (The) during the first quarter valued at approximately $122,946,000. Alliancebernstein L.P. increased its position in Estee Lauder Companies, Inc. (The) by 284.2% in the first quarter. Alliancebernstein L.P. now owns 1,535,927 shares of the company’s stock valued at $130,231,000 after buying an additional 1,136,203 shares during the last quarter. Janus Capital Management LLC increased its position in Estee Lauder Companies, Inc. (The) by 28.6% in the first quarter. Janus Capital Management LLC now owns 4,043,476 shares of the company’s stock valued at $342,835,000 after buying an additional 899,171 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA increased its position in Estee Lauder Companies, Inc. (The) by 16.9% in the first quarter. Massachusetts Financial Services Co. MA now owns 6,073,471 shares of the company’s stock valued at $514,969,000 after buying an additional 880,014 shares during the last quarter. Institutional investors and hedge funds own 54.73% of the company’s stock.

Estee Lauder Companies, Inc. (NYSE EL) traded down 2.01% during midday trading on Friday, hitting $99.65. 3,592,379 shares of the company traded hands. Estee Lauder Companies, Inc. has a 12-month low of $75.30 and a 12-month high of $104.50. The company has a market capitalization of $36.65 billion, a price-to-earnings ratio of 33.39 and a beta of 0.72. The stock’s 50-day moving average price is $97.42 and its 200 day moving average price is $90.23.

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Several equities analysts have commented on EL shares. Societe Generale downgraded shares of Estee Lauder Companies, Inc. (The) from a “buy” rating to a “hold” rating and increased their target price for the stock from $90.00 to $93.00 in a research report on Monday, May 15th. Wells Fargo & Company reissued a “buy” rating on shares of Estee Lauder Companies, Inc. (The) in a research report on Saturday, April 22nd. Oppenheimer Holdings, Inc. reissued an “outperform” rating and set a $110.00 target price (up from $100.00) on shares of Estee Lauder Companies, Inc. (The) in a research report on Thursday. Zacks Investment Research raised shares of Estee Lauder Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $107.00 target price on the stock in a research report on Tuesday, July 4th. Finally, Royal Bank Of Canada reissued a “buy” rating and set a $100.00 target price on shares of Estee Lauder Companies, Inc. (The) in a research report on Thursday, April 27th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and sixteen have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $100.03.

In other Estee Lauder Companies, Inc. (The) news, VP Sara E. Moss sold 14,552 shares of the stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $100.22, for a total transaction of $1,458,401.44. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, major shareholder Ronald S. Foundation Lauder sold 16,667 shares of the stock in a transaction that occurred on Wednesday, May 17th. The stock was sold at an average price of $92.31, for a total transaction of $1,538,530.77. Following the transaction, the insider now owns 83,638 shares in the company, valued at approximately $7,720,623.78. The disclosure for this sale can be found here. In the last quarter, insiders sold 86,318 shares of company stock worth $8,291,130. 16.98% of the stock is owned by company insiders.

Estee Lauder Companies, Inc. (The) Company 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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