GAMMA Investing LLC Purchases 522 Shares of The Estée Lauder Companies Inc. (NYSE:EL)

GAMMA Investing LLC boosted its holdings in shares of The Estée Lauder Companies Inc. (NYSE:EL) by 31.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,161 shares of the company’s stock after purchasing an additional 522 shares during the period. GAMMA Investing LLC’s holdings in Estée Lauder Companies were worth $230,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of EL. Wetzel Investment Advisors Inc. lifted its stake in Estée Lauder Companies by 8.3% in the 1st quarter. Wetzel Investment Advisors Inc. now owns 885 shares of the company’s stock valued at $128,000 after purchasing an additional 68 shares during the last quarter. Tradewinds Capital Management LLC lifted its stake in shares of Estée Lauder Companies by 34.1% in the 1st quarter. Tradewinds Capital Management LLC now owns 295 shares of the company’s stock valued at $45,000 after acquiring an additional 75 shares during the last quarter. Cullen Frost Bankers Inc. boosted its holdings in shares of Estée Lauder Companies by 0.5% during the 4th quarter. Cullen Frost Bankers Inc. now owns 16,682 shares of the company’s stock valued at $2,440,000 after acquiring an additional 76 shares in the last quarter. Haverford Trust Co boosted its holdings in shares of Estée Lauder Companies by 2.3% during the 1st quarter. Haverford Trust Co now owns 3,409 shares of the company’s stock valued at $525,000 after acquiring an additional 78 shares in the last quarter. Finally, Massmutual Trust Co. FSB ADV increased its holdings in Estée Lauder Companies by 25.6% in the 1st quarter. Massmutual Trust Co. FSB ADV now owns 402 shares of the company’s stock worth $62,000 after purchasing an additional 82 shares in the last quarter. Institutional investors and hedge funds own 55.15% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently commented on EL. Royal Bank of Canada raised Estée Lauder Companies from a “sector perform” rating to an “outperform” rating and set a $131.00 price target on the stock in a research note on Wednesday, July 24th. The Goldman Sachs Group decreased their price target on shares of Estée Lauder Companies from $130.00 to $115.00 and set a “neutral” rating for the company in a research report on Wednesday, July 17th. Morgan Stanley downgraded shares of Estée Lauder Companies from an “overweight” rating to an “equal weight” rating and dropped their price target for the company from $164.00 to $140.00 in a research note on Friday, May 3rd. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Estée Lauder Companies from $160.00 to $159.00 in a research note on Wednesday, May 1st. Finally, Oppenheimer reaffirmed a “market perform” rating on shares of Estée Lauder Companies in a research report on Monday, April 15th. Fifteen analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $147.87.

Estée Lauder Companies Stock Performance

NYSE:EL traded up $1.82 on Tuesday, reaching $94.02. 2,051,535 shares of the company’s stock were exchanged, compared to its average volume of 2,824,207. The firm has a market cap of $33.71 billion, a price-to-earnings ratio of 51.78, a P/E/G ratio of 1.79 and a beta of 0.99. 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 stock has a fifty day simple moving average of $108.82 and a 200-day simple moving average of $129.98. The Estée Lauder Companies Inc. has a 52 week low of $90.26 and a 52 week high of $175.31.

Insider Buying and Selling

In other Estée Lauder Companies news, insider Peter Jueptner sold 12,786 shares of the firm’s stock in a transaction dated Wednesday, May 22nd. The stock was sold at an average price of $130.62, for a total value of $1,670,107.32. Following the completion of the transaction, the insider now owns 5,578 shares in the company, valued at approximately $728,598.36. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In related news, EVP Jane Lauder sold 14,976 shares of the business’s stock in a transaction dated Thursday, May 30th. The stock was sold at an average price of $121.26, for a total transaction 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 SEC, which is available through this link. Also, insider Peter Jueptner sold 12,786 shares of the firm’s stock in a transaction dated Wednesday, May 22nd. The shares were sold at an average price of $130.62, for a total value of $1,670,107.32. Following the completion of the sale, the insider now directly owns 5,578 shares in the company, valued at approximately $728,598.36. The disclosure for this sale can be found here. In the last ninety days, insiders sold 42,255 shares of company stock valued at $5,453,232. Company insiders own 12.77% of the company’s stock.

Estée Lauder Companies 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.