Will Estee Lauder Companies’ Top Institutional Shareholders Buy More After Earnings?

For the year-to-date, Estee Lauder Companies’ (NYSE:EL) shares are up 7.18 percent. On Tuesday, the company reported its fourth quarter earnings and saw a 25 percent increase in its profit to $51.2 million (13 cents per share), up from the previous year’s $41.1 million (10 cents per share). This exceeded analysts’ estimates of 16 cents per share.

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Revenue also rose 9 percent to $2.25 billion, up from $2.06 billion in the prior year. This also topped the $2.21 billion revenue consensus.

Chief Executive Fabrizio Freda said the company saw growth from across the board with “strong gains in every geographic region and product category.” He added that sales growth could be attributed to U.S. momentum, strong China growth and travel retail.

With the positive earnings report and broad growth, will Estee Lauder’s largest shareholders increase their holdings? 390 institutional firms indicated owning shares of Estee Lauder Companies Inc. (NYSE:EL) in Q2 2012. These firms reported owning a total of 166.537 million shares on 06/30/2012. The shares closed at $54.12 on 06/30/2012.

Here are the ten largest positions in Estee Lauder Companies Inc. at the end of June 30th, 2012.

FMR LLC held 24,731,738 shares on 06/30/2012 worth $1,338,481,634. This brought the portfolio total to 0.26%.

Jennison Associates LLC held 13,658,635 shares on 06/30/2012 worth $739,205,312. This brought the portfolio total to 0.95%.

Vanguard Group Inc held 10,012,627 shares on 06/30/2012 worth $541,883,363. This brought the portfolio total to 0.07%.

Blackrock Institutional Trust Company N.A. held 7,141,853 shares on 06/30/2012 worth $386,517,077. This brought the portfolio total to 0.09%.

UBS Global Asset Management Americas Inc held 6,925,722 shares on 06/30/2012 worth $374,820,067. This brought the portfolio total to 0.44%.

Managed Account Advisors LLC held 6,827,010 shares on 06/30/2012 worth $369,477,774. This brought the portfolio total to 0.33%.

Brown Advisory Inc held 5,480,735 shares on 06/30/2012 worth $296,617,372. This brought the portfolio total to 1.72%.

American Century Companies Inc held 5,117,222 shares on 06/30/2012 worth $276,944,049. This brought the portfolio total to 0.38%.

JPMorgan Chase & Co held 4,393,956 shares on 06/30/2012 worth $237,800,894. This brought the portfolio total to 0.09%.

Winslow Capital Management LLC held 4,288,452 shares on 06/30/2012 worth $232,091,018. This brought the portfolio total to 0.76%.

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