Estee Lauder Companies (NYSE:EL) Director Sells $373,045.50 in Stock

The Estee Lauder Companies Inc. (NYSE:EL) Director Charlene Barshefsky sold 3,775 shares of the firm’s stock in a transaction on Wednesday, September 9th. The shares were sold at an average price of $98.82, for a total value of $373,045.50. Following the completion of the sale, the director directly owned 50,971 shares of the company’s stock, valued at approximately $5,036,954.22. This trade represents a 6.90% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Estee Lauder Companies Price Performance

Shares of NYSE EL traded down $2.39 during trading on Thursday, hitting $96.38. 2,264,470 shares of the company were exchanged, compared to its average volume of 3,929,018. The company has a debt-to-equity ratio of 1.79, a current ratio of 1.22 and a quick ratio of 0.90. The Estee Lauder Companies Inc. has a 1 year low of $66.22 and a 1 year high of $121.64. The company has a market cap of $34.87 billion, a price-to-earnings ratio of 196.70, a PEG ratio of 1.18 and a beta of 1.28. The firm’s fifty day moving average price is $89.82 and its 200 day moving average price is $85.99.

Estee Lauder Companies (NYSE:EL) last announced its quarterly earnings results on Wednesday, August 19th. The company reported $0.39 earnings per share (EPS) for the quarter, beating 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 the consensus estimate of $3.55 billion. During the same quarter last year, the firm posted $0.09 EPS. The business’s revenue was up 6.3% compared to the same quarter last year. Estee Lauder Companies has set its FY 2027 guidance at 3.100-3.350 EPS. On average, sell-side analysts expect that The Estee Lauder Companies Inc. will post 3.3 earnings per share for the current fiscal year.

Estee Lauder Companies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be paid a dividend of $0.35 per share. The ex-dividend date of this dividend is Monday, August 31st. This represents a $1.40 annualized dividend and a dividend yield of 1.5%. Estee Lauder Companies’s payout ratio is 285.71%.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on EL. Morgan Stanley lifted their price objective on Estee Lauder Companies from $90.00 to $102.00 and gave the stock an “equal weight” rating in a report on Thursday, August 20th. UBS Group lifted their price target on Estee Lauder Companies from $86.00 to $106.00 and gave the stock a “neutral” rating in a research note on Thursday, August 20th. China Intl Cap upgraded shares of Estee Lauder Companies to a “strong-buy” rating in a report on Sunday, August 30th. Citigroup lifted their target price on shares of Estee Lauder Companies from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Thursday, August 20th. Finally, TD Cowen increased their price target 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. Two analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $104.67.

Hedge Funds Weigh In On Estee Lauder Companies

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

Estee Lauder Companies Company Profile

The Estée Lauder Companies Inc is a global beauty company that develops, manufactures and markets prestige skincare, makeup, fragrance and hair-care products. Its portfolio includes Estée Lauder, Clinique, M·A·C, Bobbi Brown Cosmetics, La Mer, Jo Malone London, Aveda, Tom Ford Beauty and The Ordinary, among other brands.

Founded in 1946 by Estée and Joseph Lauder, the company began with four skincare products and has expanded into a broad international beauty business. Its products are sold through department and specialty stores, freestanding stores, e-commerce platforms, travel retail locations and other distribution channels.

Estée Lauder Companies serves consumers in markets around the world, including North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa.