Estee Lauder Companies (NYSE:EL) VP Sells $802,383.12 in Stock

The Estee Lauder Companies Inc. (NYSE:EL) VP Lande Rashida La sold 7,766 shares of the firm’s stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $103.32, for a total transaction of $802,383.12. Following the completion of the transaction, the vice president owned 14,357 shares of the company’s stock, valued at $1,483,365.24. This trade represents a 35.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Lande Rashida La also recently made the following trade(s):

• On Friday, August 21st, Lande Rashida La sold 5,564 shares of Estee Lauder Companies stock. The shares were sold at an average price of $99.55, for a total transaction of $553,896.20.

Estee Lauder Companies Trading Up 1.2%

Estee Lauder Companies stock opened at $101.18 on Thursday. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.90 and a current ratio of 1.22. The Estee Lauder Companies Inc. has a fifty-two week low of $66.22 and a fifty-two week high of $121.64. The stock has a market cap of $36.61 billion, a P/E ratio of 206.49, a PEG ratio of 1.16 and a beta of 1.28. The firm’s fifty day moving average price is $87.70 and its 200-day moving average price is $86.30.

Estee Lauder Companies (NYSE:EL) last posted its earnings results on Wednesday, August 19th. The company reported $0.39 EPS for the quarter, topping the consensus estimate of $0.32 by $0.07. Estee Lauder Companies had a return on equity of 23.52% and a net margin of 1.21%.The business had revenue of $3.64 billion during the quarter, compared to analysts’ expectations of $3.55 billion. During the same period in the previous year, the business earned $0.09 earnings per share. The firm’s revenue was up 6.3% on a year-over-year basis. Estee Lauder Companies has set its FY 2027 guidance at 3.100-3.350 EPS. Equities research analysts forecast that The Estee Lauder Companies Inc. will post 3.3 earnings per share for the current fiscal year.

Estee Lauder Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be given a dividend of $0.35 per share. The ex-dividend date is Monday, August 31st. This represents a $1.40 annualized dividend and a yield of 1.4%. Estee Lauder Companies’s payout ratio is presently 285.71%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. The Goldman Sachs Group raised their price objective on shares of Estee Lauder Companies from $100.00 to $112.00 and gave the company a “buy” rating in a research report on Thursday, August 20th. Telsey Advisory Group increased their target price on Estee Lauder Companies from $90.00 to $108.00 and gave the company a “market perform” rating in a research note on Thursday, August 20th. Piper Sandler raised their price target on Estee Lauder Companies from $95.00 to $115.00 and gave the company an “overweight” rating in a research report on Thursday, August 20th. JPMorgan Chase & Co. lifted their price target on Estee Lauder Companies from $94.00 to $112.00 and gave the stock an “overweight” rating in a research note on Thursday, August 20th. Finally, Citigroup increased their price objective on Estee Lauder Companies from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Thursday, August 20th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $104.67.

Institutional Trading of Estee Lauder Companies

Large investors have recently modified their holdings of the business. Eurizon Capital SGR S.p.A. bought a new stake in shares of Estee Lauder Companies in the 4th quarter worth approximately $14,619,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new stake in shares of Estee Lauder Companies in the 4th quarter worth approximately $19,438,000. Pictet Asset Management Holding SA increased its position in Estee Lauder Companies by 14.6% during the 1st quarter. Pictet Asset Management Holding SA now owns 973,478 shares of the company’s stock valued at $69,854,000 after buying an additional 124,079 shares in the last quarter. North Dakota State Investment Board bought a new position in Estee Lauder Companies during the 4th quarter valued at approximately $2,728,000. Finally, Geode Capital Management LLC raised its stake in Estee Lauder Companies by 5.5% during the fourth quarter. Geode Capital Management LLC now owns 6,308,108 shares of the company’s stock valued at $658,020,000 after buying an additional 331,530 shares during the last quarter. 55.15% of the stock is owned by institutional investors.

Estee Lauder Companies Company Profile

Estée Lauder Companies Inc (NYSE: EL) is a global leader in prestige beauty that develops, manufactures and markets a broad portfolio of skincare, makeup, fragrance and hair care products. Founded in 1946 by Estée Lauder, the company has grown from a small family business into a multinational consumer-products enterprise headquartered in New York City. Its activities span product research and development, brand and product marketing, manufacturing and global distribution across multiple retail channels.

The company’s portfolio includes a mix of legacy and prestige brands that target different consumer segments and price points, with well-known names such as Estée Lauder, Clinique, MAC, La Mer and Jo Malone among others.