The Estee Lauder Companies Inc. is a global manufacturer and marketer of products including skin care, makeup, fragrance, and hair care. Its products are marketed under various brand names such as Estee Lauder, Clinique, M.A.C, and Bobbi Brown, among others, and are sold in over 150 countries.
The company also holds global licenses for fragrances and cosmetics under names like Tommy Hilfiger and Michael Kors. Distribution channels are mainly upscale and include department stores, specialty retailers, perfumeries, pharmacies, salons, and spas, totaling over 30,000 points of sale.
The company is listed on the NYSE and operates in the Consumer Defensive sector.
The forthcoming report utilizes data sourced from Radient Analytics. Let's delve into key changes that happened for Estee Lauder Companies breaking down the 13F filings of its top buyers and sellers.
Estee Lauder Companies has recently attracted a significant amount of investment, as highlighted by its top buyers.
Nordea Investment Management AB leads the pack with a 45.55% increase in their shareholding, leading to a current value of their investment at $200.7M.
The second largest buyer, Copeland Capital Management, LLC, has increased their shares by 66.96%.
Telemus Capital, LLC, although increasing their shares by a moderate 5.23%, saw a decrease in the value of their holdings by 16.15% to $367.6K.
Lastly, DnB Asset Management AS increased their shares by 17.14%.
Estee Lauder Companies has also witnessed notable sell-off activities from some of its prominent investors.
Investec Asset Management North America, Inc. trimmed its stake in Estee Lauder by 0.76%, bringing their current holdings to $60.53M.
Aurum Wealth Management Group, LLC made a notable move by completely selling off its stake in Estee Lauder.
The most significant sale came from LGT Capital Partners LTD, reducing their stake in the company by 22.48%, resulting in a current investment value of $1.84B.