Charles Schwab Investment Management Inc. Purchases 67,985 Shares of The Estee Lauder Companies Inc. (NYSE:EL)

Charles Schwab Investment Management Inc. lifted its stake in shares of The Estee Lauder Companies Inc. (NYSE:EL - Free Report) by 4.7% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,506,444 shares of the company's stock after acquiring an additional 67,985 shares during the period. Charles Schwab Investment Management Inc. owned 0.42% of Estee Lauder Companies worth $99,425,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Annis Gardner Whiting Capital Advisors LLC increased its position in Estee Lauder Companies by 1,182.1% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 500 shares of the company's stock worth $33,000 after purchasing an additional 461 shares during the last quarter. Winthrop Capital Management LLC boosted its holdings in shares of Estee Lauder Companies by 2,240.0% in the 1st quarter. Winthrop Capital Management LLC now owns 585 shares of the company's stock valued at $39,000 after purchasing an additional 560 shares in the last quarter. Golden State Wealth Management LLC lifted its holdings in Estee Lauder Companies by 57.3% during the 1st quarter. Golden State Wealth Management LLC now owns 626 shares of the company's stock worth $41,000 after buying an additional 228 shares during the period. CVA Family Office LLC increased its position in Estee Lauder Companies by 116.2% in the 1st quarter. CVA Family Office LLC now owns 668 shares of the company's stock valued at $44,000 after buying an additional 359 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its holdings in shares of Estee Lauder Companies by 41.0% in the first quarter. Farther Finance Advisors LLC now owns 787 shares of the company's stock valued at $53,000 after acquiring an additional 229 shares in the last quarter. 55.15% of the stock is currently owned by hedge funds and other institutional investors.

Estee Lauder Companies Trading Up 1.5%

Estee Lauder Companies stock traded up $1.37 during trading hours on Friday, hitting $90.87. The stock had a trading volume of 4,144,906 shares, compared to its average volume of 3,561,512. The Estee Lauder Companies Inc. has a one year low of $48.37 and a one year high of $103.44. The company has a quick ratio of 1.02, a current ratio of 1.41 and a debt-to-equity ratio of 1.68. The stock has a market cap of $32.69 billion, a price-to-earnings ratio of -37.55, a P/E/G ratio of 6.49 and a beta of 1.18. The business's 50 day simple moving average is $84.79 and its 200-day simple moving average is $71.88.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on EL. Bank of America started coverage on shares of Estee Lauder Companies in a report on Thursday, July 10th. They set a "buy" rating and a $110.00 target price for the company. Deutsche Bank Aktiengesellschaft upped their target price on shares of Estee Lauder Companies from $95.00 to $98.00 and gave the stock a "buy" rating in a report on Thursday. UBS Group upped their target price on shares of Estee Lauder Companies from $62.00 to $93.00 and gave the company a "neutral" rating in a research report on Thursday, July 17th. JPMorgan Chase & Co. raised shares of Estee Lauder Companies from a "neutral" rating to an "overweight" rating and increased their price objective for the stock from $62.00 to $101.00 in a research report on Friday, July 25th. Finally, Hsbc Global Res upgraded shares of Estee Lauder Companies from a "hold" rating to a "strong-buy" rating in a research note on Friday, June 27th. Thirteen research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Estee Lauder Companies has a consensus rating of "Hold" and an average price target of $85.80.

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