Estee Lauder Companies (NYSE:EL) VP Sells 7,766 Shares of Stock

The Estee Lauder Companies Inc. (NYSE:EL) VP Lande Rashida La sold 7,766 shares of the firm’s stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $103.32, for a total value of $802,383.12. Following the sale, the vice president directly owned 14,357 shares in the company, valued at approximately $1,483,365.24. This represents a 35.10% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Lande Rashida La also recently made the following trade(s):

• On Friday, August 21st, Lande Rashida La sold 5,564 shares of Estee Lauder Companies stock. The shares were sold at an average price of $99.55, for a total value of $553,896.20.

Estee Lauder Companies Stock Down 0.9%

Shares of EL traded down $0.95 on Monday, hitting $102.44. The company’s stock had a trading volume of 3,737,880 shares, compared to its average volume of 3,962,608. The firm’s fifty day moving average price is $86.66 and its 200-day moving average price is $86.37. The Estee Lauder Companies Inc. has a fifty-two week low of $66.22 and a fifty-two week high of $121.64. 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 firm has a market capitalization of $37.06 billion, a price-to-earnings ratio of 209.06, a P/E/G ratio of 0.97 and a beta of 1.25.

Estee Lauder Companies (NYSE:EL) last announced its quarterly earnings results on Wednesday, August 19th. The company reported $0.39 earnings per share for the quarter, beating analysts’ consensus estimates of $0.32 by $0.07. The firm had revenue of $3.64 billion for the quarter, compared to analyst estimates of $3.55 billion. Estee Lauder Companies had a net margin of 1.21% and a return on equity of 23.52%. The business’s revenue was up 6.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.09 earnings per share. Estee Lauder Companies has set its FY 2027 guidance at 3.100-3.350 EPS. On average, equities research analysts expect that The Estee Lauder Companies Inc. will post 3.3 EPS for the current year.

Estee Lauder Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be paid a $0.35 dividend. The ex-dividend date of this dividend is Monday, August 31st. This represents a $1.40 dividend on an annualized basis and a yield of 1.4%. Estee Lauder Companies’s dividend payout ratio is presently 285.71%.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on EL shares. B. Riley Financial restated a “neutral” rating and issued a $100.00 price target (up from $85.00) on shares of Estee Lauder Companies in a report on Thursday, August 20th. Morgan Stanley upped their target price on Estee Lauder Companies from $90.00 to $102.00 and gave the company an “equal weight” rating in a research report on Thursday, August 20th. Weiss Ratings raised Estee Lauder Companies from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, August 21st. Citigroup increased their price target on Estee Lauder Companies from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Thursday, August 20th. Finally, Piper Sandler upped their target price on Estee Lauder Companies from $95.00 to $115.00 and gave the stock an “overweight” rating in a report on Thursday, August 20th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $104.67.

Institutional Trading of Estee Lauder Companies

A number of institutional investors and hedge funds have recently modified their holdings of EL. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Estee Lauder Companies by 4.8% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,898 shares of the company’s stock worth $1,709,000 after acquiring an additional 1,177 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in Estee Lauder Companies by 33.4% in the first quarter. NewEdge Advisors LLC now owns 6,992 shares of the company’s stock worth $462,000 after buying an additional 1,749 shares during the period. Empowered Funds LLC boosted its holdings in shares of Estee Lauder Companies by 24.1% during the 1st quarter. Empowered Funds LLC now owns 4,619 shares of the company’s stock valued at $305,000 after buying an additional 898 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of Estee Lauder Companies by 23.2% in the second quarter. EverSource Wealth Advisors LLC now owns 997 shares of the company’s stock worth $81,000 after acquiring an additional 188 shares during the last quarter. Finally, First Trust Advisors LP increased its holdings in shares of Estee Lauder Companies by 55.5% in the 2nd quarter. First Trust Advisors LP now owns 13,522 shares of the company’s stock worth $1,093,000 after purchasing an additional 4,826 shares in the last quarter. 55.15% of the stock is owned by hedge funds and other institutional investors.

About Estee Lauder Companies

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.