Charlene Barshefsky Sells 3,437 Shares of The Estée Lauder Companies Inc. (NYSE:EL) Stock

The Estée Lauder Companies Inc. (NYSE:EL) Director Charlene Barshefsky sold 3,437 shares of the stock in a transaction that occurred on Tuesday, August 27th. The shares were sold at an average price of $91.93, for a total value of $315,963.41. Following the transaction, the director now owns 49,800 shares in the company, valued at approximately $4,578,114. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Estée Lauder Companies Trading Down 1.2 %

Estée Lauder Companies stock traded down $1.10 during trading hours on Wednesday, reaching $91.77. 994,988 shares of the company’s stock traded hands, compared to its average volume of 3,060,743. The Estée Lauder Companies Inc. has a fifty-two week low of $86.05 and a fifty-two week high of $165.76. The firm’s 50 day moving average is $100.43 and its 200-day moving average is $125.51. The company has a debt-to-equity ratio of 1.26, a quick ratio of 1.15 and a current ratio of 1.58. The firm has a market capitalization of $32.91 billion, a price-to-earnings ratio of 51.76, a PEG ratio of 1.79 and a beta of 0.99.

Estée Lauder Companies (NYSE:EL) last announced its quarterly earnings data on Monday, August 19th. The company reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.39. Estée Lauder Companies had a net margin of 4.18% and a return on equity of 13.08%. The business had revenue of $3.87 billion for the quarter, compared to analyst estimates of $3.80 billion. During the same period in the prior year, the business posted $0.07 earnings per share. Estée Lauder Companies’s revenue was up 7.3% compared to the same quarter last year. On average, analysts predict that The Estée Lauder Companies Inc. will post 2.21 earnings per share for the current year.

Estée Lauder Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 16th. Investors of record on Friday, August 30th will be paid a dividend of $0.66 per share. The ex-dividend date is Friday, August 30th. This represents a $2.64 dividend on an annualized basis and a dividend yield of 2.88%. Estée Lauder Companies’s dividend payout ratio (DPR) is presently 148.31%.

Institutional Investors Weigh In On Estée Lauder Companies

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Riverview Trust Co bought a new position in Estée Lauder Companies during the first quarter worth about $26,000. Hexagon Capital Partners LLC raised its position in shares of Estée Lauder Companies by 103.1% in the 1st quarter. Hexagon Capital Partners LLC now owns 195 shares of the company’s stock valued at $30,000 after acquiring an additional 99 shares during the period. Crewe Advisors LLC acquired a new stake in shares of Estée Lauder Companies in the 1st quarter valued at approximately $35,000. Chilton Capital Management LLC boosted its stake in Estée Lauder Companies by 163.0% during the 1st quarter. Chilton Capital Management LLC now owns 263 shares of the company’s stock worth $41,000 after acquiring an additional 163 shares during the last quarter. Finally, Larson Financial Group LLC grew its holdings in Estée Lauder Companies by 3,262.5% during the first quarter. Larson Financial Group LLC now owns 269 shares of the company’s stock valued at $41,000 after purchasing an additional 261 shares during the period. Institutional investors own 55.15% of the company’s stock.

Analysts Set New Price Targets

EL has been the subject of several research reports. Citigroup reduced their target price on shares of Estée Lauder Companies from $110.00 to $105.00 and set a “buy” rating for the company in a research note on Tuesday, August 20th. Bank of America cut Estée Lauder Companies from a “buy” rating to a “neutral” rating and lowered their price target for the company from $140.00 to $100.00 in a research report on Friday, August 16th. StockNews.com raised shares of Estée Lauder Companies from a “hold” rating to a “buy” rating in a report on Friday, August 23rd. DA Davidson reiterated a “buy” rating and issued a $130.00 target price on shares of Estée Lauder Companies in a research note on Wednesday. Finally, Canaccord Genuity Group restated a “hold” rating and set a $100.00 price target on shares of Estée Lauder Companies in a research report on Tuesday, August 20th. Thirteen analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to data from MarketBeat.com, Estée Lauder Companies has a consensus rating of “Hold” and a consensus price target of $122.77.

About Estée Lauder Companies

The Estée Lauder Companies Inc manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. It offers skin care products, including moisturizers, serums, cleansers, toners, body care, exfoliators, acne care and oil correctors, facial masks, and sun care products; and makeup products, such as lipsticks, lip glosses, mascaras, foundations, eyeshadows, nail polishes, and powders, as well as compacts, brushes, and other makeup tools.