Capital World Investors Files Schedule 13G for EL, Reports 12.47M Shares

Rhea-AI Filing Summary

Capital World Investors reported a passive 5.3% stake in The Estee Lauder Companies (EL), representing 12,466,662 shares of the company's roughly 234.2 million outstanding shares. The filing shows CWI has sole voting power for 12,377,273 shares and sole dispositive power for 12,466,662 shares. CWI is identified as a division of Capital Research and Management Company and related investment management affiliates that operate under the name "Capital World Investors." The statement certifies these holdings are held in the ordinary course of business and not for the purpose of changing or influencing control.

Positive

• Holds 12,466,662 shares, representing 5.3% of outstanding common stock
• Reports sole voting power on 12,377,273 shares and sole dispositive power on 12,466,662 shares
• Filed as an investment adviser division (IA), with holdings certified as ordinary-course and non-control

Negative

• None.

Insights

Financial Analyst

TL;DR: A material passive stake of 5.3% is disclosed, showing significant ownership but a certified non-control intent.

The filing documents a 5.3% ownership position in EL totaling 12,466,662 shares, with sole voting power over 12,377,273 shares and sole dispositive power over 12,466,662 shares. As an investment adviser division (IA), CWI reports the holding as passive and certifies it was not acquired to influence control. For investors, this is a notable institutional stake that meets the reporting threshold, but the filing explicitly limits governance implications by asserting ordinary-course intent.

Corporate Governance Expert

TL;DR: Significant passive ownership disclosed; no group or control claim and certification of non-control reduces immediate governance risk.

The Schedule 13G lists CWI as the reporting person and classifies it as an investment adviser (IA). The filing indicates no shared voting or dispositive power and no group affiliations for this stake, and Item 10 certification states the position is not intended to change or influence issuer control. From a governance perspective, the disclosure signals institutional scale without an expressed activist or control intent, limiting near-term governance impact based on the statement alone.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

The Estee Lauder Companies Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

518439104

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 518439104

1

Names of Reporting Persons

Capital World Investors

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 12,377,273.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 12,466,662.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

12,466,662.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.3 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: The Estee Lauder Companies Inc.
(b)	Address of issuer's principal executive offices: 767 Fifth Avenue, New York, NY 10153
Item 2.
(a)	Name of person filing: Capital World Investors
(b)	Address or principal business office or, if none, residence: 333 SOUTH HOPE STREET, 55TH FLOOR, LOS ANGELES, CALIFORNIA 90071
(c)	Citizenship: N/A
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 518439104
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 12,466,662 ** **Capital World Investors ("CWI") is a division of Capital Research and Management Company ("CRMC"), as well as its investment management subsidiaries and affiliates Capital Bank and Trust Company, Capital International, Inc., Capital International Limited, Capital International Sarl, Capital International K.K., Capital Group Private Client Services, Inc., and Capital Group Investment Management Private Limited (together with CRMC, the "investment management entities"). CWI's divisions of each of the investment management entities collectively provide investment management services under the name "Capital World Investors." CWI is deemed to be the beneficial owner of 12,466,662 shares or 5.3% of the 234,209,951 shares believed to be outstanding.
(b)	Percent of class: 5.3 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 12,377,273
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 12,466,662
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Capital World Investors

Signature:	Timothy J. Moon
Name/Title:	Vice President and Senior Counsel, Capital Research and Management Company
Date:	08/04/2025

FAQ

How many EL shares does Capital World Investors report owning?

Capital World Investors reports owning 12,466,662 shares of The Estee Lauder Companies (EL).

What percentage of EL does CWI's holding represent?

The filing states CWI's position represents 5.3% of EL's outstanding common stock (based on 234,209,951 shares believed outstanding).

Does Capital World Investors claim voting or dispositive power over the shares?

Yes. The filing shows sole voting power for 12,377,273 shares and sole dispositive power for 12,466,662 shares.

Is this filing indicating an attempt to influence control of EL?

No. Item 10 certifies the securities are held in the ordinary course of business and were not acquired to change or influence control of the issuer.

How is Capital World Investors organized in relation to this filing?

The filing identifies CWI as a division of Capital Research and Management Company and related investment management affiliates operating collectively under the name "Capital World Investors."