Estee Lauder Companies, Inc. (The) (NYSE:EL) had its price objective raised by Telsey Advisory Group from $125.00 to $135.00 in a research note published on Thursday, Marketbeat Ratings reports. Telsey Advisory Group currently has an outperform rating on the stock.

A number of other brokerages also recently weighed in on EL. Oppenheimer Holdings, Inc. reaffirmed an outperform rating and set a $110.00 target price (up previously from $100.00) on shares of Estee Lauder Companies, Inc. (The) in a research note on Thursday, August 10th. DA Davidson reaffirmed a hold rating and set a $125.00 target price on shares of Estee Lauder Companies, Inc. (The) in a research note on Thursday. They noted that the move was a valuation call. BMO Capital Markets raised their target price on shares of Estee Lauder Companies, Inc. (The) from $107.00 to $126.00 and gave the company a market perform rating in a research note on Thursday. BidaskClub raised shares of Estee Lauder Companies, Inc. (The) from a hold rating to a buy rating in a research note on Monday, July 31st. Finally, Bank of America Corporation raised their target price on shares of Estee Lauder Companies, Inc. (The) from $100.00 to $105.00 and gave the company a buy rating in a research note on Monday, July 10th. Seven research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of Buy and a consensus target price of $117.42.

Shares of Estee Lauder Companies, Inc. (EL) traded down $0.76 on Thursday, reaching $120.95. 503,703 shares of the company’s stock traded hands, compared to its average volume of 2,015,199. The company has a quick ratio of 1.27, a current ratio of 1.75 and a debt-to-equity ratio of 0.71. Estee Lauder Companies, Inc. has a twelve month low of $75.29 and a twelve month high of $124.80. The stock has a market capitalization of $44,783.80, a price-to-earnings ratio of 31.61, a PEG ratio of 2.38 and a beta of 0.68.

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

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The business also recently announced 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 is Wednesday, November 29th. This represents a $1.52 annualized dividend and a yield of 1.26%. 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 (DPR) is currently 36.76%.

In related news, EVP Michael O’hare sold 42,032 shares of the firm’s stock in a transaction that occurred on Monday, August 21st. The shares were sold at an average price of $105.41, for a total value of $4,430,593.12. Following the sale, the executive vice president now owns 17,841 shares in the company, valued at $1,880,619.81. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Barry S. Sternlicht sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, August 21st. The stock was sold at an average price of $106.30, for a total transaction of $1,063,000.00. Following the completion of the sale, the director now owns 40,982 shares in the company, valued at approximately $4,356,386.60. The disclosure for this sale can be found here. Insiders sold 624,990 shares of company stock worth $67,207,632 in the last 90 days. 16.24% of the stock is currently owned by corporate insiders.

Several institutional investors have recently modified their holdings of EL. Jennison Associates LLC purchased a new position in shares of Estee Lauder Companies, Inc. (The) during the 3rd quarter worth $664,432,000. Janus Henderson Group PLC boosted its stake in shares of Estee Lauder Companies, Inc. (The) by 1,676.9% during the 2nd quarter. Janus Henderson Group PLC now owns 4,695,498 shares of the company’s stock worth $450,675,000 after acquiring an additional 4,431,247 shares during the last quarter. First Eagle Investment Management LLC purchased a new position in shares of Estee Lauder Companies, Inc. (The) during the 2nd quarter worth $186,061,000. Northern Trust Corp boosted its stake in shares of Estee Lauder Companies, Inc. (The) by 41.1% during the 2nd quarter. Northern Trust Corp now owns 3,732,174 shares of the company’s stock worth $358,214,000 after acquiring an additional 1,086,562 shares during the last quarter. Finally, BlackRock Inc. boosted its stake in shares of Estee Lauder Companies, Inc. (The) by 7.4% during the 2nd quarter. BlackRock Inc. now owns 14,797,992 shares of the company’s stock worth $1,420,311,000 after acquiring an additional 1,022,956 shares during the last quarter. Institutional investors and hedge funds own 54.99% 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.

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

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