Cambiar Investors LLC Has $35.05 Million Stock Position in The Estee Lauder Companies Inc. $EL

Key Points

• Cambiar Investors LLC increased its stake in The Estee Lauder Companies Inc. by 17.3%, owning 531,082 shares worth approximately $35.05 million as of the latest quarter.
• A variety of institutional investors have also increased their holdings in Estee Lauder, contributing to a combined institutional ownership of 55.15%.
• Recent analyst ratings have been positive, with Telsey Advisory Group raising their target price from $66 to $99 and multiple firms upgrading their ratings and price targets for the stock.

Cambiar Investors LLC raised its holdings in The Estee Lauder Companies Inc. (NYSE:EL - Free Report) by 17.3% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 531,082 shares of the company's stock after purchasing an additional 78,383 shares during the quarter. Cambiar Investors LLC owned 0.15% of Estee Lauder Companies worth $35,051,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Bank Pictet & Cie Europe AG boosted its holdings in shares of Estee Lauder Companies by 5.4% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 91,200 shares of the company's stock valued at $6,838,000 after purchasing an additional 4,690 shares in the last quarter. Mather Group LLC. boosted its holdings in shares of Estee Lauder Companies by 442.5% in the 1st quarter. Mather Group LLC. now owns 1,367 shares of the company's stock valued at $90,000 after purchasing an additional 1,115 shares in the last quarter. Golden State Wealth Management LLC boosted its holdings in shares of Estee Lauder Companies by 57.3% in the 1st quarter. Golden State Wealth Management LLC now owns 626 shares of the company's stock valued at $41,000 after purchasing an additional 228 shares in the last quarter. Bessemer Group Inc. boosted its holdings in shares of Estee Lauder Companies by 70.2% during the 1st quarter. Bessemer Group Inc. now owns 4,753 shares of the company's stock valued at $313,000 after acquiring an additional 1,961 shares in the last quarter. Finally, GAMMA Investing LLC boosted its holdings in shares of Estee Lauder Companies by 27.0% during the 1st quarter. GAMMA Investing LLC now owns 3,620 shares of the company's stock valued at $239,000 after acquiring an additional 770 shares in the last quarter. Institutional investors and hedge funds own 55.15% of the company's stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on EL. UBS Group raised their price objective on Estee Lauder Companies from $62.00 to $93.00 and gave the company a "neutral" rating in a report on Thursday, July 17th. Evercore ISI raised their price objective on Estee Lauder Companies from $90.00 to $100.00 and gave the company an "outperform" rating in a report on Thursday, June 26th. HSBC upgraded Estee Lauder Companies from a "hold" rating to a "buy" rating and upped their price target for the company from $80.00 to $99.00 in a research report on Friday, June 27th. Deutsche Bank Aktiengesellschaft upped their price target on Estee Lauder Companies from $95.00 to $98.00 and gave the company a "buy" rating in a research report on Thursday, August 14th. Finally, Telsey Advisory Group upped their price target on Estee Lauder Companies from $66.00 to $99.00 and gave the company a "market perform" rating in a research report on Thursday, August 14th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and twelve have given a Hold rating to the company's stock. According to MarketBeat.com, Estee Lauder Companies presently has a consensus rating of "Hold" and a consensus price target of $86.95.

Estee Lauder Companies Stock Down 0.7%

Shares of Estee Lauder Companies stock traded down $0.6240 during trading on Tuesday, reaching $90.1160. 6,165,050 shares of the company traded hands, compared to its average volume of 3,784,863. The company has a debt-to-equity ratio of 1.68, a current ratio of 1.41 and a quick ratio of 1.02. The firm has a market capitalization of $32.42 billion, a PE ratio of -37.24, a P/E/G ratio of 6.49 and a beta of 1.18. The company has a 50 day moving average price of $85.62 and a 200-day moving average price of $71.96. The Estee Lauder Companies Inc. has a 1-year low of $48.37 and a 1-year high of $103.44.

About Estee Lauder Companies

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.