Lande Rashida La Sells 7,766 Shares of Estee Lauder Companies (NYSE:EL) Stock

The Estee Lauder Companies Inc. (NYSE:EL) VP Lande Rashida La sold 7,766 shares of the stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $103.32, for a total value of $802,383.12. Following the transaction, the vice president owned 14,357 shares of the company’s stock, valued at $1,483,365.24. This represents a 35.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

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 transaction of $553,896.20.

Estee Lauder Companies Price Performance

EL stock opened at $99.88 on Wednesday. The Estee Lauder Companies Inc. has a 52 week low of $66.22 and a 52 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 company has a fifty day simple moving average of $87.34 and a two-hundred day simple moving average of $86.33. The firm has a market capitalization of $36.14 billion, a P/E ratio of 203.84, a price-to-earnings-growth ratio of 1.19 and a beta of 1.25.

Estee Lauder Companies (NYSE:EL) last issued its quarterly earnings data on Wednesday, August 19th. The company reported $0.39 EPS for the quarter, topping analysts’ consensus estimates of $0.32 by $0.07. Estee Lauder Companies had a net margin of 1.21% and a return on equity of 23.52%. The business had revenue of $3.64 billion during the quarter, compared to analysts’ expectations of $3.55 billion. During the same period last year, the company posted $0.09 EPS. 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. Analysts anticipate that The Estee Lauder Companies Inc. will post 3.3 earnings per share for the current fiscal year.

Estee Lauder Companies Dividend Announcement

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

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. REAP Financial Group LLC bought a new stake in shares of Estee Lauder Companies during the 4th quarter worth approximately $27,000. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna bought a new position in Estee Lauder Companies in the 4th quarter valued at $27,000. Trust Co. of Vermont bought a new position in Estee Lauder Companies in the 2nd quarter valued at $28,000. Kozak & Associates Inc. purchased a new stake in Estee Lauder Companies in the second quarter worth $30,000. Finally, DV Equities LLC purchased a new stake in Estee Lauder Companies in the fourth quarter worth $36,000. Institutional investors own 55.15% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. JPMorgan Chase & Co. lifted their target price on Estee Lauder Companies from $94.00 to $112.00 and gave the stock an “overweight” rating in a report on Thursday, August 20th. Jefferies Financial Group increased their price target on Estee Lauder Companies from $88.00 to $100.00 and gave the company a “hold” rating in a report on Thursday, August 20th. Sanford C. Bernstein began coverage on shares of Estee Lauder Companies in a research note on Friday, June 12th. They set a “market perform” rating and a $82.00 price objective for the company. TD Cowen boosted their price objective on shares of Estee Lauder Companies from $90.00 to $100.00 and gave the company a “hold” rating in a research report on Thursday, August 20th. Finally, Canaccord Genuity Group increased their target price 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. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $104.67.

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.