Estee Lauder Companies Inc (NYSE:EL) insider Fabrizio Freda sold 99,495 shares of the firm’s stock in a transaction on Wednesday, May 15th. The stock was sold at an average price of $167.13, for a total value of $16,628,599.35. Following the completion of the sale, the insider now directly owns 101,893 shares of the company’s stock, valued at approximately $17,029,377.09. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Fabrizio Freda also recently made the following trade(s):

  • On Monday, May 13th, Fabrizio Freda sold 33,719 shares of Estee Lauder Companies stock. The stock was sold at an average price of $164.42, for a total value of $5,544,077.98.
  • On Monday, May 6th, Fabrizio Freda sold 38,933 shares of Estee Lauder Companies stock. The stock was sold at an average price of $172.19, for a total value of $6,703,873.27.

Shares of NYSE:EL traded up $2.72 during midday trading on Thursday, hitting $172.69. 32,543 shares of the stock were exchanged, compared to its average volume of 1,891,624. The company has a current ratio of 1.69, a quick ratio of 1.26 and a debt-to-equity ratio of 0.62. Estee Lauder Companies Inc has a 52-week low of $121.47 and a 52-week high of $180.20. The firm has a market cap of $59.74 billion, a price-to-earnings ratio of 38.29, a P/E/G ratio of 2.44 and a beta of 0.72.

Estee Lauder Companies (NYSE:EL) last announced its quarterly earnings data on Wednesday, May 1st. The company reported $1.55 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.30 by $0.25. Estee Lauder Companies had a return on equity of 43.52% and a net margin of 12.45%. The business had revenue of $3.74 billion during the quarter, compared to analyst estimates of $3.56 billion. During the same period last year, the company earned $1.17 earnings per share. Estee Lauder Companies’s quarterly revenue was up 11.1% compared to the same quarter last year. On average, sell-side analysts forecast that Estee Lauder Companies Inc will post 5.21 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Monday, June 17th. Shareholders of record on Friday, May 31st will be issued a dividend of $0.43 per share. The ex-dividend date of this dividend is Thursday, May 30th. This represents a $1.72 annualized dividend and a yield of 1.00%. Estee Lauder Companies’s dividend payout ratio (DPR) is currently 38.14%.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Machina Capital S.A.S. acquired a new stake in Estee Lauder Companies during the fourth quarter worth about $30,000. Coastal Investment Advisors Inc. acquired a new stake in Estee Lauder Companies during the first quarter worth about $43,000. Anderson Fisher LLC acquired a new stake in Estee Lauder Companies during the first quarter worth about $43,000. Trust Co. of Vermont grew its position in Estee Lauder Companies by 112.1% during the first quarter. Trust Co. of Vermont now owns 263 shares of the company’s stock worth $44,000 after buying an additional 139 shares in the last quarter. Finally, Motco grew its position in Estee Lauder Companies by 45.8% during the first quarter. Motco now owns 277 shares of the company’s stock worth $46,000 after buying an additional 87 shares in the last quarter. Institutional investors own 53.06% of the company’s stock.

Several brokerages have recently commented on EL. Piper Jaffray Companies raised their target price on Estee Lauder Companies from $161.00 to $178.00 and gave the stock a “positive” rating in a research report on Thursday, April 25th. Zacks Investment Research raised Estee Lauder Companies from a “hold” rating to a “buy” rating and set a $140.00 target price for the company in a research report on Friday, January 18th. Raymond James raised their target price on Estee Lauder Companies from $164.00 to $181.00 and gave the stock an “outperform” rating in a research report on Thursday, May 2nd. UBS Group raised their target price on Estee Lauder Companies from $153.00 to $172.00 and gave the stock a “neutral” rating in a research report on Thursday, May 2nd. Finally, ValuEngine cut Estee Lauder Companies from a “buy” rating to a “hold” rating in a research report on Thursday, January 24th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and sixteen have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $170.78.

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About Estee Lauder Companies

The Estée Lauder Companies Inc manufactures and markets skin care, makeup, fragrance, and hair care products. The company offers a range of skin care products, such as moisturizers, serums, cleansers, toners, body care products, exfoliators, acne care products, facial masks, cleansing devices, and sun care products; and makeup products, including lipsticks, lip glosses, mascaras, foundations, eyeshadows, nail polishes, and powders, as well as related items, including compacts, brushes, and other makeup tools.

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Insider Buying and Selling by Quarter for Estee Lauder Companies (NYSE:EL)

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