S&CO Buys Shares in Estée Lauder as Institutional Ownership Shifts
WT Asset Management grew its Estée Lauder stake by 60.6% in the fourth quarter, adding 20,000 shares to reach 53,000 shares valued at about $5.55 million. S&CO Inc. also bought a position, while Eurizon Capital acquired a stake worth about $14.62 million. Analysts at TD Cowen raised the price target to $90 (hold) and Zacks downgraded to hold.