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Estee Lauder Companies (NYSE:EL) Director Barry S. Sternlicht sold 23,384 shares of the company’s stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $76.98, for a total value of $1,800,100.32. Following the sale, the director now directly owns 54,000 shares in the company, valued at approximately $4,156,920. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

A number of analysts have recently weighed in on EL shares. Analysts at Zacks reiterated a “neutral” rating on shares of Estee Lauder Companies in a research note on Monday. They now have a $80.00 price target on the stock. Separately, analysts at Bernstein raised their price target on shares of Estee Lauder Companies from $81.00 to $82.00 in a research note on Monday. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Estee Lauder Companies in a research note on Monday. They now have a $87.00 price target on the stock, up previously from $81.00. Four analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $83.29.

Estee Lauder Companies (NYSE:EL) traded up 0.40% during mid-day trading on Wednesday, hitting $76.95. The stock had a trading volume of 269,596 shares. Estee Lauder Companies has a 52-week low of $63.63 and a 52-week high of $77.34. The stock’s 50-day moving average is $74.95 and its 200-day moving average is $72.30. The company has a market cap of $29.472 billion and a price-to-earnings ratio of 25.05.

Estee Lauder Companies (NYSE:EL) last issued its quarterly earnings data on Friday, August 15th. The company reported $0.66 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.56 by $0.10. The company had revenue of $2.73 billion for the quarter, compared to the consensus estimate of $2.66 billion. During the same quarter last year, the company posted $0.24 earnings per share. Estee Lauder Companies’s revenue was up 13.2% compared to the same quarter last year. On average, analysts predict that Estee Lauder Companies will post $3.04 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Monday, September 15th. Shareholders of record on Friday, August 29th will be paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 1.04%. The ex-dividend date is Wednesday, August 27th.

The Estee Lauder Companies Inc is a manufacturer and marketer of skin care, makeup, fragrance and hair care products.

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