1834 Investment Advisors Co. Has $2.67 Million Stock Holdings in The Estee Lauder Companies Inc. (NYSE:EL)

Key Points

• 1834 Investment Advisors Co. increased its holdings in The Estee Lauder Companies Inc. by 573.8% in the first quarter, now owning 40,469 shares valued at $2.67 million.
• Institutional investors collectively own 55.15% of Estee Lauder Companies, with significant increases from firms like Deutsche Bank AG and Charles Schwab Investment Management.
• Analysts have varied ratings for Estee Lauder, with an average price target of $84.50 and changes including a reduction by Stifel Nicolaus from $77.00 to $67.00.

1834 Investment Advisors Co. boosted its position in shares of The Estee Lauder Companies Inc. (NYSE:EL - Free Report) by 573.8% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 40,469 shares of the company's stock after acquiring an additional 34,463 shares during the period. 1834 Investment Advisors Co.'s holdings in Estee Lauder Companies were worth $2,671,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in EL. Deutsche Bank AG raised its holdings in shares of Estee Lauder Companies by 26.8% in the first quarter. Deutsche Bank AG now owns 1,709,797 shares of the company's stock valued at $112,847,000 after buying an additional 361,487 shares during the last quarter. Chicago Partners Investment Group LLC acquired a new stake in Estee Lauder Companies in the 1st quarter valued at about $230,000. Charles Schwab Investment Management Inc. lifted its holdings in shares of Estee Lauder Companies by 4.7% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,506,444 shares of the company's stock worth $99,425,000 after acquiring an additional 67,985 shares during the period. ASR Vermogensbeheer N.V. purchased a new position in shares of Estee Lauder Companies during the 1st quarter worth about $25,216,000. Finally, Exencial Wealth Advisors LLC raised its holdings in Estee Lauder Companies by 2.1% in the first quarter. Exencial Wealth Advisors LLC now owns 109,147 shares of the company's stock valued at $7,204,000 after buying an additional 2,200 shares during the period. Institutional investors and hedge funds own 55.15% of the company's stock.

Estee Lauder Companies Stock Down 0.9%

NYSE:EL traded down $0.79 during mid-day trading on Monday, reaching $89.90. The stock had a trading volume of 1,012,347 shares, compared to its average volume of 4,114,201. The business's 50 day moving average is $82.47 and its 200 day moving average is $71.51. The Estee Lauder Companies Inc. has a fifty-two week low of $48.37 and a fifty-two week high of $103.44. The stock has a market cap of $32.34 billion, a P/E ratio of -37.14, a PEG ratio of 6.47 and a beta of 1.18. The company has a debt-to-equity ratio of 1.68, a current ratio of 1.41 and a quick ratio of 1.02.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Citigroup raised their price target on shares of Estee Lauder Companies from $60.00 to $99.00 and gave the company a "neutral" rating in a report on Tuesday, July 15th. Evercore ISI boosted their target price on shares of Estee Lauder Companies from $90.00 to $100.00 and gave the company an "outperform" rating in a research note on Thursday, June 26th. Deutsche Bank Aktiengesellschaft upgraded shares of Estee Lauder Companies from a "hold" rating to a "buy" rating and upped their price target for the stock from $71.00 to $95.00 in a research report on Monday, June 23rd. HSBC upgraded shares of Estee Lauder Companies from a "hold" rating to a "buy" rating and increased their target price for the company from $80.00 to $99.00 in a research report on Friday, June 27th. Finally, Hsbc Global Res upgraded shares of Estee Lauder Companies from a "hold" rating to a "strong-buy" rating in a research report on Friday, June 27th. Thirteen equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Estee Lauder Companies presently has an average rating of "Hold" and an average price target of $84.50.

Estee 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, and powders, as well as compacts, brushes, and other makeup tools.