Estee Lauder Companies (NYSE:EL) VP Sells $553,896.20 in Stock

The Estee Lauder Companies Inc. (NYSE:EL) VP Lande Rashida La sold 5,564 shares of Estee Lauder Companies stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $99.55, for a total transaction of $553,896.20. Following the sale, the vice president directly owned 5,564 shares of the company’s stock, valued at $553,896.20. The trade was a 50.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Estee Lauder Companies Stock Up 0.9%

Estee Lauder Companies stock opened at $105.98 on Friday. The company’s 50-day moving average price is $86.29 and its two-hundred day moving average price is $86.34. The company has a quick ratio of 0.90, a current ratio of 1.22 and a debt-to-equity ratio of 1.79. The stock has a market cap of $38.34 billion, a P/E ratio of 216.29, a P/E/G ratio of 1.00 and a beta of 1.25. The Estee Lauder Companies Inc. has a twelve month low of $66.22 and a twelve month high of $121.64.

Estee Lauder Companies (NYSE:EL) last issued its quarterly earnings data on Wednesday, August 19th. The company reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.32 by $0.07. Estee Lauder Companies had a return on equity of 23.52% and a net margin of 1.21%.The company had revenue of $3.64 billion during the quarter, compared to analysts’ expectations of $3.55 billion. During the same quarter in the previous year, the company posted $0.09 earnings per share. The business’s revenue was up 6.3% on a year-over-year basis. Estee Lauder Companies has set its FY 2027 guidance at 3.100-3.350 EPS. As a group, analysts expect that The Estee Lauder Companies Inc. will post 3.29 EPS for the current year.

Estee Lauder Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be issued a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Monday, August 31st. Estee Lauder Companies’s dividend payout ratio is currently 285.71%.

Institutional Trading of Estee Lauder Companies

Several large investors have recently modified their holdings of EL. REAP Financial Group LLC acquired a new position in Estee Lauder Companies in the fourth quarter valued at about $27,000. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna acquired a new stake in Estee Lauder Companies during the fourth quarter worth about $27,000. Trust Co. of Vermont bought a new position in Estee Lauder Companies in the 2nd quarter valued at about $28,000. Kozak & Associates Inc. bought a new position in Estee Lauder Companies in the 2nd quarter valued at about $30,000. Finally, DV Equities LLC acquired a new position in shares of Estee Lauder Companies in the 4th quarter valued at approximately $36,000. 55.15% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

EL has been the subject of a number of research reports. The Goldman Sachs Group lifted their target price on Estee Lauder Companies from $100.00 to $112.00 and gave the stock a “buy” rating in a report on Thursday, August 20th. Canaccord Genuity Group upped their price target on shares of Estee Lauder Companies from $85.00 to $90.00 and gave the company a “hold” rating in a research note on Thursday, August 20th. Zacks Research lowered shares of Estee Lauder Companies from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 10th. Morgan Stanley lifted their price objective on shares of Estee Lauder Companies from $90.00 to $102.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 20th. Finally, Barclays increased their target price on shares of Estee Lauder Companies from $80.00 to $97.00 and gave the stock an “equal weight” rating in a research report on Friday, August 21st. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $104.67.

Estee Lauder Companies Company Profile

Estée Lauder Companies Inc (NYSE: EL) is a global leader in prestige beauty that develops, manufactures and markets a broad portfolio of skincare, makeup, fragrance and hair care products. Founded in 1946 by Estée Lauder, the company has grown from a small family business into a multinational consumer-products enterprise headquartered in New York City. Its activities span product research and development, brand and product marketing, manufacturing and global distribution across multiple retail channels.

The company’s portfolio includes a mix of legacy and prestige brands that target different consumer segments and price points, with well-known names such as Estée Lauder, Clinique, MAC, La Mer and Jo Malone among others.