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Estee Lauder Companies (NYSE:EL) EVP Alexandra C. Trower sold 15,344 shares of the company’s stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $76.63, for a total transaction of $1,175,810.72. Following the completion of the sale, the executive vice president now directly owns 10,179 shares of the company’s stock, valued at approximately $780,017. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Several analysts have recently commented on the stock. 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 research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $83.29.

Shares of Estee Lauder Companies (NYSE:EL) traded up 0.29% during mid-day trading on Friday, hitting $76.49. The stock had a trading volume of 374,434 shares. Estee Lauder Companies has a 1-year low of $63.63 and a 1-year high of $77.34. The stock’s 50-day moving average is $75.10 and its 200-day moving average is $72.39. The company has a market cap of $29.296 billion and a P/E ratio of 24.92.

Estee Lauder Companies (NYSE:EL) last released its earnings data on Friday, August 15th. The company reported $0.66 EPS for the quarter, beating the Thomson Reuters 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 in the prior year, the company posted $0.24 earnings per share. The company’s quarterly revenue was up 13.2% on a year-over-year basis. Analysts expect that Estee Lauder Companies will post $3.03 EPS 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 1.05%. 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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