Estee Lauder Companies, Inc. (The) (NYSE:EL) Director Richard F. Zannino sold 23,312 shares of Estee Lauder Companies, Inc. (The) stock in a transaction dated Thursday, November 2nd. The stock was sold at an average price of $119.23, for a total value of $2,779,489.76. Following the sale, the director now directly owns 14,000 shares of the company’s stock, valued at $1,669,220. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Estee Lauder Companies, Inc. (NYSE EL) traded up $1.56 during midday trading on Friday, reaching $121.71. The company’s stock had a trading volume of 2,220,000 shares, compared to its average volume of 1,930,000. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.75 and a quick ratio of 1.23. Estee Lauder Companies, Inc. has a 52 week low of $75.29 and a 52 week high of $124.80. The firm has a market cap of $44,820.00, a PE ratio of 31.21, a price-to-earnings-growth ratio of 2.39 and a beta of 0.68.

Estee Lauder Companies, Inc. (The) (NYSE:EL) last released its earnings results on Wednesday, November 1st. The company reported $1.21 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ 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 analysts’ expectations of $3.16 billion. During the same quarter in the previous year, the firm posted $0.85 EPS. The firm’s quarterly revenue was up 14.3% on a year-over-year basis. research analysts predict that Estee Lauder Companies, Inc. will post 4.16 earnings per share for the current year.

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

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Several research firms have recently weighed in on EL. Telsey Advisory Group boosted their target price on Estee Lauder Companies, Inc. (The) from $125.00 to $135.00 and gave the company an “outperform” rating in a report on Thursday. Argus boosted their target price on Estee Lauder Companies, Inc. (The) from $125.00 to $142.00 and gave the company a “buy” rating in a report on Thursday. Royal Bank Of Canada reissued an “outperform” rating and issued a $135.00 target price (up from $115.00) on shares of Estee Lauder Companies, Inc. (The) in a report on Friday. KeyCorp reissued an “overweight” rating and issued a $135.00 target price (up from $115.00) on shares of Estee Lauder Companies, Inc. (The) in a report on Thursday. They noted that the move was a valuation call. Finally, Oppenheimer Holdings, Inc. reissued an “outperform” rating and issued a $110.00 target price (up from $100.00) on shares of Estee Lauder Companies, Inc. (The) in a report on Thursday, August 10th. Seven analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $117.42.

Several institutional investors and hedge funds have recently added to or reduced their stakes in EL. Dimensional Fund Advisors LP grew its holdings in shares of Estee Lauder Companies, Inc. (The) by 1.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 461,168 shares of the company’s stock worth $39,104,000 after acquiring an additional 7,646 shares during the period. Gotham Asset Management LLC acquired a new stake in shares of Estee Lauder Companies, Inc. (The) in the 1st quarter worth approximately $414,000. Boston Common Asset Management LLC grew its holdings in shares of Estee Lauder Companies, Inc. (The) by 1.9% in the 1st quarter. Boston Common Asset Management LLC now owns 66,002 shares of the company’s stock worth $5,596,000 after acquiring an additional 1,258 shares during the period. Hendley & Co. Inc. grew its holdings in shares of Estee Lauder Companies, Inc. (The) by 0.9% in the 1st quarter. Hendley & Co. Inc. now owns 54,990 shares of the company’s stock worth $4,663,000 after acquiring an additional 500 shares during the period. Finally, Piedmont Investment Advisors LLC grew its holdings in shares of Estee Lauder Companies, Inc. (The) by 0.9% in the 1st quarter. Piedmont Investment Advisors LLC now owns 45,959 shares of the company’s stock worth $3,897,000 after acquiring an additional 395 shares during the period. Institutional investors and hedge funds own 54.89% of the company’s stock.

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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