Estee Lauder Companies, Inc. (The) (NYSE:EL) Director Paul J. Fribourg sold 32,640 shares of the company’s stock in a transaction dated Monday, August 28th. The shares were sold at an average price of $106.18, for a total transaction of $3,465,715.20. Following the sale, the director now directly owns 15,216 shares in the company, valued at $1,615,634.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of Estee Lauder Companies, Inc. (EL) remained flat at $105.62 during trading on Tuesday. 1,664,551 shares of the company’s stock traded hands. The company has a 50 day moving average price of $99.47 and a 200-day moving average price of $91.81. The firm has a market capitalization of $38.86 billion, a P/E ratio of 31.53 and a beta of 0.72. Estee Lauder Companies, Inc. has a 1-year low of $75.29 and a 1-year high of $107.91. Estee Lauder Companies, Inc. (The) also saw unusually large options trading on Monday. Investors purchased 15,421 call options on the company. This is an increase of 319% compared to the average daily volume of 3,678 call options.

Estee Lauder Companies, Inc. (The) (NYSE:EL) last announced its quarterly earnings results on Friday, August 18th. The company reported $0.51 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.43 by $0.08. The company had revenue of $2.89 billion during the quarter, compared to the consensus estimate of $2.86 billion. Estee Lauder Companies, Inc. (The) had a return on equity of 32.38% and a net margin of 10.56%. Estee Lauder Companies, Inc. (The)’s revenue for the quarter was up 9.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.43 EPS. On average, equities analysts anticipate that Estee Lauder Companies, Inc. will post $3.97 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Thursday, August 31st will be issued a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a yield of 1.28%. The ex-dividend date of this dividend is Tuesday, August 29th. Estee Lauder Companies, Inc. (The)’s dividend payout ratio (DPR) is 40.60%.

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Hedge funds have recently made changes to their positions in the company. American Beacon Advisors Inc. acquired a new stake in shares of Estee Lauder Companies, Inc. (The) during the first quarter worth about $100,000. Bronfman E.L. Rothschild L.P. increased its stake in shares of Estee Lauder Companies, Inc. (The) by 36.3% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 1,298 shares of the company’s stock worth $110,000 after buying an additional 346 shares during the period. Israel Discount Bank of New York purchased a new stake in Estee Lauder Companies, Inc. (The) during the first quarter valued at $110,000. Acrospire Investment Management LLC increased its stake in Estee Lauder Companies, Inc. (The) by 2,291.7% in the second quarter. Acrospire Investment Management LLC now owns 1,148 shares of the company’s stock valued at $110,000 after buying an additional 1,100 shares during the last quarter. Finally, First Interstate Bank purchased a new stake in Estee Lauder Companies, Inc. (The) during the first quarter valued at $114,000. 54.62% of the stock is owned by institutional investors.

Several equities research analysts have commented on the stock. Zacks Investment Research downgraded shares of Estee Lauder Companies, Inc. (The) from a “buy” rating to a “hold” rating in a report on Monday, August 21st. Royal Bank Of Canada reaffirmed a “buy” rating and set a $100.00 price objective on shares of Estee Lauder Companies, Inc. (The) in a report on Wednesday, May 31st. BMO Capital Markets raised shares of Estee Lauder Companies, Inc. (The) from an “underperform” rating to a “market perform” rating and upped their price objective for the company from $83.00 to $107.00 in a report on Monday, August 21st. Deutsche Bank AG upped their price objective on shares of Estee Lauder Companies, Inc. (The) from $108.00 to $119.00 and gave the company a “buy” rating in a report on Monday, August 21st. Finally, BidaskClub cut Estee Lauder Companies, Inc. (The) from a “buy” rating to a “hold” rating in a research report on Wednesday, July 12th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $108.15.

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.

Insider Buying and Selling by Quarter for Estee Lauder Companies, Inc. (The) (NYSE:EL)

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