Estee Lauder Companies, Inc. (The) (NYSE:EL) Shares Bought by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP boosted its position in shares of Estee Lauder Companies, Inc. (The) (NYSE:EL) by 1.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 461,168 shares of the company’s stock after buying an additional 7,646 shares during the period. Dimensional Fund Advisors LP owned 0.13% of Estee Lauder Companies, Inc. (The) worth $39,104,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Parallel Advisors LLC raised its position in Estee Lauder Companies, Inc. (The) by 44.4% in the first quarter. Parallel Advisors LLC now owns 1,629 shares of the company’s stock worth $149,000 after buying an additional 501 shares during the last quarter. Geode Capital Management LLC raised its position in Estee Lauder Companies, Inc. (The) by 7.9% in the first quarter. Geode Capital Management LLC now owns 2,195,152 shares of the company’s stock worth $185,865,000 after buying an additional 160,665 shares during the last quarter. Vanguard Group Inc. raised its position in Estee Lauder Companies, Inc. (The) by 3.5% in the first quarter. Vanguard Group Inc. now owns 14,801,143 shares of the company’s stock worth $1,254,989,000 after buying an additional 506,332 shares during the last quarter. Mackenzie Financial Corp purchased a new position in Estee Lauder Companies, Inc. (The) during the first quarter worth $7,904,000. Finally, Meiji Yasuda Asset Management Co Ltd. raised its position in Estee Lauder Companies, Inc. (The) by 11.2% in the first quarter. Meiji Yasuda Asset Management Co Ltd. now owns 35,702 shares of the company’s stock worth $3,027,000 after buying an additional 3,590 shares during the last quarter. 55.38% of the stock is currently owned by institutional investors.

Shares of Estee Lauder Companies, Inc. (NYSE:EL) traded up 7.73% during trading on Friday, reaching $105.92. 8,925,828 shares of the company traded hands. The company’s 50-day moving average price is $98.14 and its 200-day moving average price is $90.95. Estee Lauder Companies, Inc. has a 52 week low of $75.30 and a 52 week high of $106.45. The company has a market capitalization of $38.96 billion, a P/E ratio of 35.50 and a beta of 0.72.

Estee Lauder Companies, Inc. (The) (NYSE:EL) last posted 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 9.62% and a return on equity of 33.40%. The firm had revenue of $2.89 billion during the quarter, compared to analyst estimates of $2.86 billion. During the same period last year, the firm posted $0.43 earnings per share. Estee Lauder Companies, Inc. (The)’s revenue for the quarter was up 9.4% compared to the same quarter last year. Equities research analysts forecast that Estee Lauder Companies, Inc. will post $3.40 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Thursday, August 31st will be issued a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a dividend yield of 1.28%. The ex-dividend date is Tuesday, August 29th. Estee Lauder Companies, Inc. (The)’s dividend payout ratio (DPR) is presently 45.48%.

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A number of research analysts recently weighed in on the stock. Stifel Nicolaus set a $108.00 price target on shares of Estee Lauder Companies, Inc. (The) and gave the company a “buy” rating in a research report on Friday. Piper Jaffray Companies set a $95.00 price target on shares of Estee Lauder Companies, Inc. (The) and gave the company a “buy” rating in a research report on Friday. Telsey Advisory Group raised their price target on shares of Estee Lauder Companies, Inc. (The) from $105.00 to $115.00 and gave the company an “outperform” rating in a research report on Tuesday. Wells Fargo & Company reissued a “buy” rating and set a $112.00 price target on shares of Estee Lauder Companies, Inc. (The) in a research report on Friday, August 11th. Finally, Oppenheimer Holdings, Inc. reaffirmed an “outperform” rating and issued a $110.00 price objective (up previously from $100.00) on shares of Estee Lauder Companies, Inc. (The) in a research report on Thursday, August 10th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and seventeen have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $100.83.

In related news, VP Sara E. Moss sold 14,552 shares of the firm’s stock in a transaction on Monday, August 7th. The shares were sold at an average price of $100.22, for a total value of $1,458,401.44. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider John Demsey sold 27,524 shares of the firm’s stock in a transaction on Wednesday, June 14th. The shares were sold at an average price of $97.00, for a total transaction of $2,669,828.00. Following the completion of the transaction, the insider now directly owns 27,524 shares of the company’s stock, valued at $2,669,828. The disclosure for this sale can be found here. Over the last three months, insiders sold 69,651 shares of company stock valued at $6,752,599. 16.98% of the stock is currently owned by 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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