Hudson Valley Investment Advisors Inc. ADV Buys New Position in The Estée Lauder Companies Inc. (NYSE:EL)

Hudson Valley Investment Advisors Inc. ADV purchased a new stake in The Estée Lauder Companies Inc. (NYSE:EL) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 2,948 shares of the company’s stock, valued at approximately $314,000.

Other large investors have also recently added to or reduced their stakes in the company. Riverview Trust Co bought a new position in Estée Lauder Companies in the 1st quarter valued at $26,000. Rakuten Securities Inc. acquired a new stake in Estée Lauder Companies during the 4th quarter worth $26,000. Hexagon Capital Partners LLC raised its stake in Estée Lauder Companies by 103.1% during the 1st quarter. Hexagon Capital Partners LLC now owns 195 shares of the company’s stock worth $30,000 after buying an additional 99 shares during the period. Crewe Advisors LLC acquired a new stake in shares of Estée Lauder Companies in the 1st quarter valued at about $35,000. Finally, Chilton Capital Management LLC raised its stake in shares of Estée Lauder Companies by 163.0% in the 1st quarter. Chilton Capital Management LLC now owns 263 shares of the company’s stock valued at $41,000 after purchasing an additional 163 shares during the period. Institutional investors and hedge funds own 55.15% of the company’s stock.

Analysts Set New Price Targets

EL has been the subject of a number of research analyst reports. StockNews.com upgraded Estée Lauder Companies from a “sell” rating to a “hold” rating in a report on Thursday, May 2nd. Telsey Advisory Group reiterated a “market perform” rating and set a $115.00 price target on shares of Estée Lauder Companies in a report on Wednesday, July 24th. Citigroup reduced their price objective on shares of Estée Lauder Companies from $175.00 to $135.00 and set a “buy” rating on the stock in a research note on Wednesday, July 10th. Barclays reduced their price objective on shares of Estée Lauder Companies from $136.00 to $117.00 and set an “equal weight” rating on the stock in a research note on Friday, July 19th. Finally, The Goldman Sachs Group reduced their price objective on shares of Estée Lauder Companies from $130.00 to $115.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 17th. Fifteen analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to MarketBeat.com, Estée Lauder Companies presently has a consensus rating of “Hold” and an average price target of $147.87.

Insider Buying and Selling at Estée Lauder Companies

In other Estée Lauder Companies news, EVP Jane Lauder sold 14,976 shares of the stock in a transaction dated Thursday, May 30th. The shares were sold at an average price of $121.26, for a total value of $1,815,989.76. Following the completion of the sale, the executive vice president now owns 57,389 shares in the company, valued at approximately $6,958,990.14. The transaction was disclosed in a document filed with the SEC, which is available at this link. In related news, insider Peter Jueptner sold 12,786 shares of the firm’s stock in a transaction that occurred on 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 transaction, the insider now directly owns 5,578 shares of the company’s stock, valued at approximately $728,598.36. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Jane Lauder sold 14,976 shares of the firm’s stock in a transaction that occurred on 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 of the company’s stock, valued at $6,958,990.14. The disclosure for this sale can be found here. In the last 90 days, insiders sold 42,255 shares of company stock worth $5,453,232. Insiders own 12.77% of the company’s stock.

Estée Lauder Companies Stock Down 3.5 %

NYSE:EL traded down $3.34 on Monday, hitting $92.16. The stock had a trading volume of 4,730,189 shares, compared to its average volume of 2,829,390. The company has a debt-to-equity ratio of 1.26, a quick ratio of 1.15 and a current ratio of 1.58. The stock has a market cap of $33.04 billion, a P/E ratio of 51.80, a price-to-earnings-growth ratio of 1.79 and a beta of 0.99. The Estée Lauder Companies Inc. has a 1 year low of $90.26 and a 1 year high of $175.31. The firm’s fifty day simple moving average is $109.50 and its two-hundred day simple moving average is $130.23.

Estée Lauder Companies Company 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.