3,015 Shares in Estee Lauder Companies, Inc. (The) (EL) Acquired by Nicolet Bankshares Inc.

Nicolet Bankshares Inc. acquired a new position in shares of Estee Lauder Companies, Inc. (The) (NYSE:EL) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 3,015 shares of the company’s stock, valued at approximately $289,000.

Several other large investors have also modified their holdings of EL. Vanguard Group Inc. increased its position in shares of 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 valued at $1,254,989,000 after buying an additional 506,332 shares in the last quarter. BlackRock Inc. increased its position 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. Wellington Management Group LLP increased its position in shares of Estee Lauder Companies, Inc. (The) by 1.6% in the first quarter. Wellington Management Group LLP now owns 10,915,464 shares of the company’s stock valued at $925,523,000 after buying an additional 167,133 shares in the last quarter. Massachusetts Financial Services Co. MA increased its position in shares of 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 in the last quarter. Finally, TIAA CREF Investment Management LLC increased its position in shares of Estee Lauder Companies, Inc. (The) by 11.4% in the first quarter. TIAA CREF Investment Management LLC now owns 4,486,572 shares of the company’s stock valued at $380,416,000 after buying an additional 460,548 shares in the last quarter. 54.73% of the stock is owned by hedge funds and other institutional investors.

Shares of Estee Lauder Companies, Inc. (NYSE:EL) traded down 2.01% during mid-day trading on Friday, hitting $99.65. 3,592,379 shares of the stock 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 cap of $36.65 billion, a P/E ratio of 33.39 and a beta of 0.72. The firm has a 50 day moving average of $97.42 and a 200 day moving average of $90.23.

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EL has been the subject of several recent analyst reports. Societe Generale downgraded shares of Estee Lauder Companies, Inc. (The) from a “buy” rating to a “hold” rating and upped their target price for the stock from $90.00 to $93.00 in a report on Monday, May 15th. Wells Fargo & Company reaffirmed a “buy” rating on shares of Estee Lauder Companies, Inc. (The) in a report on Saturday, April 22nd. Oppenheimer Holdings, Inc. reaffirmed an “outperform” rating and issued a $110.00 target price (up previously from $100.00) on shares of Estee Lauder Companies, Inc. (The) in a 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 for the company in a report on Tuesday, July 4th. Finally, Royal Bank Of Canada reaffirmed a “buy” rating and issued a $100.00 target price on shares of Estee Lauder Companies, Inc. (The) in a report on Thursday, April 27th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and sixteen have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $100.03.

In other Estee Lauder Companies, Inc. (The) news, major shareholder Ronald S. Foundation Lauder sold 16,667 shares of the business’s stock in a transaction dated Wednesday, May 17th. The shares were sold at an average price of $92.31, for a total value of $1,538,530.77. Following the transaction, the insider now directly owns 83,638 shares in the company, valued at approximately $7,720,623.78. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Sara E. Moss sold 14,552 shares of the business’s stock in a transaction dated Monday, August 7th. The shares were sold at an average price of $100.22, for a total transaction of $1,458,401.44. The disclosure for this sale can be found here. Insiders have sold 86,318 shares of company stock worth $8,291,130 over the last 90 days. 16.98% of the stock is currently 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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