Estee Lauder Companies (NYSE:EL) Stock: Insider Paul Fribourg Sells 2,406 Shares

The Estee Lauder Companies Inc. (NYSE:EL) Director Paul Fribourg sold 2,406 shares of the firm’s stock in a transaction that occurred on Monday, November 9th. The shares were sold at an average price of $115.10, for a total transaction of $276,930.60. Following the completion of the transaction, the director owned 323,922 shares in the company, valued at $37,283,422.20. The trade was a 0.74% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Estee Lauder Companies Trading Down 0.9%

Shares of EL stock opened at $112.43 on Thursday. The stock has a market cap of $40.74 billion, a price-to-earnings ratio of 38.98, a price-to-earnings-growth ratio of 1.52 and a beta of 1.23. The company has a quick ratio of 0.91, a current ratio of 1.25 and a debt-to-equity ratio of 1.67. The Estee Lauder Companies Inc. has a fifty-two week low of $66.22 and a fifty-two week high of $121.64. The firm’s 50 day moving average price is $101.39 and its two-hundred day moving average price is $91.65.

Estee Lauder Companies (NYSE:EL) last released its quarterly earnings data on Monday, November 2nd. The company reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.21. Estee Lauder Companies had a net margin of 2.41% and a return on equity of 26.99%. The company had revenue of $3.72 billion during the quarter, compared to the consensus estimate of $3.65 billion. During the same period in the previous year, the firm earned $0.32 earnings per share. Estee Lauder Companies’s revenue for the quarter was up 6.7% on a year-over-year basis. On average, analysts anticipate that The Estee Lauder Companies Inc. will post 3.43 EPS for the current year.

Estee Lauder Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Monday, November 30th will be given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Monday, November 30th. Estee Lauder Companies’s dividend payout ratio is 140.00%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Tidal Investments LLC increased its holdings in Estee Lauder Companies by 24.9% during the 2nd quarter. Tidal Investments LLC now owns 1,137,758 shares of the company’s stock worth $89,826,000 after purchasing an additional 226,888 shares during the last quarter. Nykredit A S acquired a new position in shares of Estee Lauder Companies in the 2nd quarter valued at approximately $6,750,000. S&CO Inc. purchased a new position in shares of Estee Lauder Companies during the 2nd quarter valued at approximately $5,586,000. Chapin Davis Inc. purchased a new position in shares of Estee Lauder Companies during the 3rd quarter valued at approximately $9,339,000. Finally, SummitTX Capital L.P. acquired a new stake in shares of Estee Lauder Companies during the first quarter worth approximately $7,608,000. Institutional investors and hedge funds own 55.15% of the company’s stock.

Key Stories Impacting Estee Lauder Companies

These are some of the EL stories that stood out recently:

• Neutral Sentiment: Capri Holdings named Estée Lauder executive Justin Boxford as its next CEO, effective January 2027. The reports do not discuss how his departure may affect Estée Lauder. Reuters article on Capri’s CEO appointment
• Neutral Sentiment: Estée Lauder’s annual stockholder meeting is scheduled for November 17; no specific financial or strategic changes were noted in the announcement. Annual meeting notice
• Negative Sentiment: Director Paul Fribourg reported selling 2,406 shares on November 9, following a sale of 20,972 shares on November 5. Repeated insider sales can raise concerns, although he continued to hold a substantial position. SEC filing on the November 9 sale

Wall Street Analyst Weigh In

Several research firms have commented on EL. Canaccord Genuity Group raised their price objective on Estee Lauder Companies from $90.00 to $109.00 and gave the company a “hold” rating in a research report on Thursday, October 22nd. Telsey Advisory Group upped their target price on Estee Lauder Companies from $90.00 to $108.00 and gave the stock a “market perform” rating in a research report on Thursday, August 20th. UBS Group upped their target price on Estee Lauder Companies from $104.00 to $112.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 3rd. Wall Street Zen upgraded Estee Lauder Companies from a “hold” rating to a “buy” rating in a research note on Saturday, November 7th. Finally, Weiss Ratings upgraded Estee Lauder Companies from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, October 27th. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, fourteen have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $110.73.

About Estee Lauder Companies

The Estée Lauder Companies Inc. is a global prestige beauty company founded in 1946 by Estée and Joseph Lauder. Based in New York City, it develops, markets and sells beauty products under a portfolio of brands, including Estée Lauder, Clinique, M·A·C, La Mer, Aveda and Jo Malone London. The company’s products span skin care, makeup, fragrance and hair care. It reaches consumers through department stores, specialty retailers, its own stores and websites, and other online and travel-retail channels.