The Estee Lauder Companies Inc (ELAA.MU)
- GuruFocus.com
Vanguard Group's Strategic Acquisition of Estee Lauder Shares
On September 30, 2024, Vanguard Group Inc made a significant addition to its portfolio by acquiring 3,341,259 shares of The Estee Lauder Companies Inc (NYSE:EL). The shares were purchased at a price of $99.69 each, reflecting a strategic decision in the context of Estee Lauder's current market valuation and future potential. Founded in 1975 by John C. Bogle, Vanguard Group has grown into a global powerhouse in mutual funds and ETFs, emphasizing low-cost investment options for its clients.
- Zacks
Why EL Stock Is Under Pressure: Key Issues to Watch In Fiscal 2025
EL faces mounting pressure in its Asia-Pacific markets, shifting consumer behavior and currency headwinds, raising concerns for the fiscal 2025 outlook.
- Insider Monkey
ClearBridge Large Cap Growth Strategy Exited The Estée Lauder Companies (EL) Due to Lack Of Visibility On Fundamental Improvement
ClearBridge Investments, an investment management company, released its “ClearBridge Large Cap Growth Strategy” third quarter 2024 investor letter. A copy of the letter can be downloaded here. In the third quarter, increased volatility was caused by weak employment reports, leading to a brief correction in parts of the U.S. equity market. However, after a 50 […]
