New York State Common Retirement Fund decreased its position in shares of The Estée Lauder Companies Inc. (NYSE:EL) by 7.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 627,259 shares of the company’s stock after selling 47,076 shares during the period. New York State Common Retirement Fund owned 0.17% of The Estée Lauder Companies worth $199,519,000 at the end of the most recent quarter. Other large investors also recently bought and sold shares of the company. Eagle Bay Advisors LLC bought a new stake in The Estée Lauder Companies during the second quarter worth about $33,000. Evolution Wealth Advisors LLC increased its stake in The Estée Lauder Companies by 51.4% in the first quarter. Evolution Wealth Advisors LLC now owns 106 shares of the company’s stock valued at $31,000 after purchasing an additional 36 shares in the last quarter. Massmutual Trust Co. FSB ADV increased its stake in The Estée Lauder Companies by 515.0% in the first quarter. Massmutual Trust Co. FSB ADV now owns 123 shares of the company’s stock valued at $36,000 after purchasing an additional 103 shares in the last quarter. Red Door Wealth Management LLC bought a new stake in The Estée Lauder Companies in the second quarter valued at approximately $47,000. Finally, Trustcore Financial Services LLC increased its position in shares of The Estée Lauder Companies by 81.0% during the second quarter. Trustcore Financial Services LLC now owns 152 shares of the company’s stock worth $48,000 after acquiring an additional 68 shares in the last quarter. Institutional investors own 53.19% of the company’s stock. NYSE EL opened at $330.18 on Friday. The business has a 50 day simple moving average of $320.12. The company has a current ratio of 2.12, a quick ratio of 1.71 and a debt-to-equity ratio of 0.99. The Estée Lauder Companies Inc. has a 12 month low of $200.56 and a 12 month high of $336.55. The stock has a market cap of $119.69 billion, a PE ratio of 88.05, a PEG ratio of 4.19 and a beta of 0.95. The Estée Lauder Companies (NYSE:EL) last issued its quarterly earnings data on Wednesday, August 18th. The company reported $0.78 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.50 by $0.28. The business had revenue of $3.94 billion for the quarter, compared to analysts’ expectations of $3.75 billion. The Estée Lauder Companies had a return on equity of 39.04% and a net margin of 9.45%. The company’s revenue for the quarter was up 62.0% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.53) EPS. As a group, sell-side analysts predict that The Estée Lauder Companies Inc. will post 6.19 earnings per share for the current fiscal year. The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 15th. Stockholders of record on Tuesday, August 31st will be given a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a dividend yield of 0.64%. The ex-dividend date is Monday, August 30th. The Estée Lauder Companies’s dividend payout ratio is currently 51.46%. EL has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. cut their price target on shares of The Estée Lauder Companies from $336.00 to $323.00 and set an “overweight” rating for the company in a research note on Tuesday, May 4th. Royal Bank of Canada raised their target price on shares of The Estée Lauder Companies from $348.00 to $365.00 and gave the company an “outperform” rating in a report on Friday. UBS Group initiated coverage on shares of The Estée Lauder Companies in a research report on Wednesday, June 23rd. They set a “neutral” rating and a $323.00 target price on the stock. Societe Generale assumed coverage on shares of The Estée Lauder Companies in a research report on Wednesday, July 14th. They set a “hold” rating and a $335.00 target price on the stock. Finally, Stifel Nicolaus boosted their target price on shares of The Estée Lauder Companies from $325.00 to $360.00 and gave the company a “buy” rating in a research report on Friday. Six equities research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $327.39.In other news, Director Irvine O. Hockaday, Jr. sold 2,740 shares of the stock in a transaction on Monday, June 7th. The stock was sold at an average price of $302.23, for a total transaction of $828,110.20. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink . Also, CFO Tracey Thomas Travis sold 53,531 shares of the company’s stock in a transaction on Wednesday, July 14th. The stock was sold at an average price of $325.01, for a total value of $17,398,110.31. The disclosure for this sale can be found here . In the last three months, insiders have sold 320,813 shares of company stock worth $99,231,472. Corporate insiders own 13.95% of the company’s stock. About The Estée Lauder Companies The Estée Lauder Companies, Inc engages in the manufacturing of skin care, makeup, fragrance and hair care products. It sells products under the following brand names: Estée Lauder, Clinique, Origins, MAC, Bobbi Brown, La Mer, Jo Malone London, Aveda, and Too Faced. Its channels primarily consist of department stores, specialty multi-brand retailers, upscale perfumeries and pharmacies, and prestige salons and spas.Featured Story: Stop Order Uses For Individual Investors Want to see what other hedge funds are holding EL? 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