Estee Lauder Companies, Inc. (The) (NYSE:EL) had its target price lifted by BMO Capital Markets from $107.00 to $126.00 in a report released on Thursday. BMO Capital Markets currently has a market perform rating on the stock.

A number of other research firms also recently commented on EL. Piper Jaffray Companies set a $135.00 target price on Estee Lauder Companies, Inc. (The) and gave the company a buy rating in a research report on Wednesday, November 1st. DA Davidson restated a hold rating and issued a $125.00 target price on shares of Estee Lauder Companies, Inc. (The) in a research report on Thursday. They noted that the move was a valuation call. KeyCorp set a $115.00 target price on Estee Lauder Companies, Inc. (The) and gave the company a buy rating in a research report on Monday, October 16th. Telsey Advisory Group lifted their target price on Estee Lauder Companies, Inc. (The) from $120.00 to $125.00 and gave the company an outperform rating in a research report on Thursday, October 26th. Finally, Citigroup Inc. restated an outperform rating and issued a $120.00 target price (up previously from $110.00) on shares of Estee Lauder Companies, Inc. (The) in a research report on Wednesday, September 20th. Seven equities research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of Buy and a consensus target price of $117.42.

Estee Lauder Companies, Inc. (EL) opened at $121.71 on Thursday. Estee Lauder Companies, Inc. has a 1 year low of $75.29 and a 1 year high of $124.80. The company has a market capitalization of $44,783.80, a P/E ratio of 31.61, a P/E/G ratio of 2.38 and a beta of 0.68. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.27 and a current ratio of 1.75.

Estee Lauder Companies, Inc. (The) (NYSE:EL) last posted its earnings results on Wednesday, November 1st. The company reported $1.21 EPS for the quarter, beating the Zacks’ consensus estimate of $0.97 by $0.24. Estee Lauder Companies, Inc. (The) had a return on equity of 33.64% and a net margin of 11.30%. The company had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $3.16 billion. During the same quarter in the previous year, the business earned $0.85 earnings per share. The company’s revenue for the quarter was up 14.3% on a year-over-year basis. analysts forecast that Estee Lauder Companies, Inc. will post 4.16 EPS for the current year.

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The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Thursday, November 30th will be given a dividend of $0.38 per share. This is a boost from Estee Lauder Companies, Inc. (The)’s previous quarterly dividend of $0.34. This represents a $1.52 annualized dividend and a dividend yield of 1.25%. The ex-dividend date of this dividend is Wednesday, November 29th. Estee Lauder Companies, Inc. (The)’s dividend payout ratio is currently 36.76%.

In other news, EVP Alexandra C. Trower sold 25,446 shares of the company’s stock in a transaction dated Thursday, November 2nd. The stock was sold at an average price of $120.39, for a total transaction of $3,063,443.94. Following the completion of the transaction, the executive vice president now directly owns 7,732 shares of the company’s stock, valued at approximately $930,855.48. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, VP Sara E. Moss sold 3,971 shares of the company’s stock in a transaction dated Friday, September 8th. The stock was sold at an average price of $108.00, for a total value of $428,868.00. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 624,990 shares of company stock valued at $67,207,632. Insiders own 16.24% of the company’s stock.

Several large investors have recently added to or reduced their stakes in the company. Global X MANAGEMENT CO LLC boosted its position in shares of Estee Lauder Companies, Inc. (The) by 6.6% during the 3rd quarter. Global X MANAGEMENT CO LLC now owns 7,561 shares of the company’s stock worth $815,000 after acquiring an additional 466 shares in the last quarter. Alps Advisors Inc. purchased a new stake in shares of Estee Lauder Companies, Inc. (The) in the 3rd quarter valued at about $533,000. Jennison Associates LLC purchased a new stake in shares of Estee Lauder Companies, Inc. (The) in the 3rd quarter valued at about $664,432,000. Pitcairn Co. lifted its holdings in shares of Estee Lauder Companies, Inc. (The) by 1.6% in the 3rd quarter. Pitcairn Co. now owns 29,212 shares of the company’s stock valued at $3,150,000 after purchasing an additional 457 shares during the last quarter. Finally, Bessemer Group Inc. lifted its holdings in shares of Estee Lauder Companies, Inc. (The) by 2,945.1% in the 3rd quarter. Bessemer Group Inc. now owns 56,822 shares of the company’s stock valued at $6,127,000 after purchasing an additional 54,956 shares during the last quarter. 54.99% of the stock is owned by institutional investors and hedge funds.

Estee Lauder Companies, Inc. (The) Company Profile

The Estee Lauder Companies Inc manufactures and markets skin care, makeup, fragrance and hair care products. The Company offers products, including skin care, makeup, fragrance, hair care and other. The Company operates in beauty products segment. The Company’s products are sold in over 150 countries and territories under brand names, including Estee Lauder, Aramis, Clinique, Prescriptives, Lab Series, Origins, Tommy Hilfiger, MAC, Kiton, La Mer, Bobbi Brown, Donna Karan New York, DKNY, Aveda, Jo Malone London, Bumble and bumble, Michael Kors, Darphin, Tom Ford, Smashbox, Ermenegildo Zegna, AERIN, Tory Burch, RODIN olio lusso, Le Labo, Editions de Parfums Frederic Malle, GLAMGLOW, By Kilian, BECCA and Too Faced.

Analyst Recommendations for Estee Lauder Companies, Inc. (The) (NYSE:EL)

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