Estee Lauder Companies Inc (NYSE:EL) insider John Demsey sold 17,296 shares of the company’s stock in a transaction that occurred on Friday, September 7th. The shares were sold at an average price of $138.45, for a total value of $2,394,631.20. Following the completion of the transaction, the insider now directly owns 15,696 shares in the company, valued at approximately $2,173,111.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Shares of NYSE:EL opened at $139.73 on Thursday. The company has a market cap of $50.96 billion, a P/E ratio of 30.98, a P/E/G ratio of 2.15 and a beta of 0.63. Estee Lauder Companies Inc has a 1 year low of $106.00 and a 1 year high of $158.80. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.37 and a current ratio of 1.86.

Estee Lauder Companies (NYSE:EL) last issued its quarterly earnings results on Monday, August 20th. The company reported $0.61 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.56 by $0.05. Estee Lauder Companies had a return on equity of 36.09% and a net margin of 8.10%. The business had revenue of $3.30 billion for the quarter, compared to the consensus estimate of $3.25 billion. During the same quarter in the prior year, the business posted $0.51 earnings per share. The firm’s quarterly revenue was up 13.9% compared to the same quarter last year. analysts anticipate that Estee Lauder Companies Inc will post 4.71 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 17th. Shareholders of record on Friday, August 31st will be paid a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a yield of 1.09%. The ex-dividend date of this dividend is Thursday, August 30th. Estee Lauder Companies’s payout ratio is presently 33.70%.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in EL. Fundsmith Equity Fund L.P. bought a new stake in Estee Lauder Companies during the second quarter worth $701,543,000. JPMorgan Chase & Co. lifted its stake in Estee Lauder Companies by 332.8% during the first quarter. JPMorgan Chase & Co. now owns 3,505,185 shares of the company’s stock worth $524,797,000 after purchasing an additional 2,695,358 shares during the last quarter. Old Mutual Global Investors UK Ltd. lifted its stake in Estee Lauder Companies by 187.1% during the first quarter. Old Mutual Global Investors UK Ltd. now owns 1,567,264 shares of the company’s stock worth $234,650,000 after purchasing an additional 1,021,345 shares during the last quarter. Millennium Management LLC lifted its stake in Estee Lauder Companies by 212.5% during the second quarter. Millennium Management LLC now owns 1,120,085 shares of the company’s stock worth $159,825,000 after purchasing an additional 761,655 shares during the last quarter. Finally, Nomura Holdings Inc. lifted its stake in Estee Lauder Companies by 101.1% during the second quarter. Nomura Holdings Inc. now owns 5,635 shares of the company’s stock worth $804,000 after purchasing an additional 528,060 shares during the last quarter. Hedge funds and other institutional investors own 56.37% of the company’s stock.

Several equities analysts have recently commented on EL shares. Citigroup decreased their target price on Estee Lauder Companies from $158.00 to $149.00 and set a “neutral” rating on the stock in a research report on Tuesday, August 21st. JPMorgan Chase & Co. set a $154.00 target price on Estee Lauder Companies and gave the company a “buy” rating in a research report on Tuesday, August 21st. Wells Fargo & Co reaffirmed a “buy” rating and issued a $168.00 target price on shares of Estee Lauder Companies in a research report on Monday, May 21st. Morgan Stanley downgraded Estee Lauder Companies from an “overweight” rating to an “equal weight” rating and set a $153.00 price target on the stock. in a research report on Monday, June 25th. Finally, Piper Jaffray Companies increased their price target on Estee Lauder Companies from $149.00 to $162.00 and gave the stock an “overweight” rating in a research report on Monday, June 18th. Five analysts have rated the stock with a hold rating and twenty-one have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $146.34.

Estee Lauder Companies Company Profile

The Estée Lauder Companies Inc manufactures and markets skin care, makeup, fragrance, and hair care products worldwide. The company offers a range of skin care products, such as moisturizers, serums, cleansers, toners, body care, exfoliators, acne and oil correctors, facial masks, cleansing devices, and sun care products; and makeup products for face, eyes, lips, and nails, 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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