Estee Lauder Companies, Inc. (The) (NYSE:EL) has been assigned a $108.00 price target by equities research analysts at Stifel Nicolaus in a report issued on Thursday. The brokerage presently has a “buy” rating on the stock. Stifel Nicolaus’ price objective points to a potential upside of 14.55% from the company’s previous close.

Several other equities research analysts have also recently commented on EL. Zacks Investment Research raised Estee Lauder Companies, Inc. (The) from a “sell” rating to a “hold” rating in a research report on Monday, March 20th. J P Morgan Chase & Co started coverage on Estee Lauder Companies, Inc. (The) in a research report on Tuesday, March 21st. They set an “overweight” rating and a $100.00 price objective on the stock. Royal Bank Of Canada set a $100.00 price objective on Estee Lauder Companies, Inc. (The) and gave the company a “buy” rating in a research report on Saturday, March 25th. Vetr raised Estee Lauder Companies, Inc. (The) from a “buy” rating to a “strong-buy” rating and set a $94.75 price objective on the stock in a research report on Monday, April 3rd. Finally, Goldman Sachs Group, Inc. (The) raised Estee Lauder Companies, Inc. (The) from a “neutral” rating to a “buy” rating and increased their price objective for the company from $85.00 to $103.00 in a research report on Tuesday, April 4th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and fifteen have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $98.36.

Shares of Estee Lauder Companies, Inc. (NYSE:EL) traded down 0.59% during trading on Thursday, hitting $94.28. 1,570,482 shares of the company were exchanged. The company has a 50 day moving average of $95.11 and a 200-day moving average of $86.20. Estee Lauder Companies, Inc. has a 1-year low of $75.30 and a 1-year high of $98.40. The stock has a market capitalization of $34.68 billion, a PE ratio of 31.60 and a beta of 0.71.

Estee Lauder Companies, Inc. (The) (NYSE:EL) last released its quarterly earnings data on Wednesday, May 3rd. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.73 by $0.18. Estee Lauder Companies, Inc. (The) had a return on equity of 33.40% and a net margin of 9.62%. The company had revenue of $2.86 billion for the quarter, compared to analysts’ expectations of $2.81 billion. During the same period last year, the firm posted $0.73 earnings per share. Estee Lauder Companies, Inc. (The)’s revenue was up 7.5% compared to the same quarter last year. On average, analysts forecast that Estee Lauder Companies, Inc. will post $3.40 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 15th. Stockholders of record on Wednesday, May 31st were given a dividend of $0.34 per share. The ex-dividend date of this dividend was Friday, May 26th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 1.44%. Estee Lauder Companies, Inc. (The)’s payout ratio is currently 45.48%.

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In related news, Director G. Scott Paterson acquired 500,000 shares of the stock in a transaction dated Tuesday, May 9th. The shares were purchased at an average cost of $0.07 per share, with a total value of $35,000.00. Also, major shareholder Ronald S. Foundation Lauder sold 16,667 shares of Estee Lauder Companies, Inc. (The) stock in a transaction dated Wednesday, May 17th. The shares were sold at an average price of $92.31, for a total value of $1,538,530.77. Following the transaction, the insider now directly owns 83,638 shares in the company, valued at $7,720,623.78. The disclosure for this sale can be found here. Over the last ninety days, insiders have bought 930,000 shares of company stock worth $60,800 and have sold 95,070 shares worth $9,023,304. 16.98% of the stock is owned by insiders.

Hedge funds have recently modified their holdings of the stock. American Beacon Advisors Inc. acquired a new stake in shares of Estee Lauder Companies, Inc. (The) during the first quarter valued at about $100,000. Bronfman E.L. Rothschild L.P. increased its stake in shares of Estee Lauder Companies, Inc. (The) by 36.3% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 1,298 shares of the company’s stock valued at $110,000 after buying an additional 346 shares during the period. Israel Discount Bank of New York acquired a new stake in shares of Estee Lauder Companies, Inc. (The) during the first quarter valued at about $110,000. First Interstate Bank acquired a new stake in shares of Estee Lauder Companies, Inc. (The) during the first quarter valued at about $114,000. Finally, Parallel Advisors LLC increased its stake in shares of Estee Lauder Companies, Inc. (The) by 44.4% in the first quarter. Parallel Advisors LLC now owns 1,629 shares of the company’s stock valued at $149,000 after buying an additional 501 shares during the period. 55.21% of the stock is currently owned by institutional investors.

About Estee Lauder Companies, Inc. (The)

The Estee Lauder Companies Inc manufactures and markets skin care, makeup, fragrance and hair care products. The Company offers products, including skin care, makeup, fragrance, hair care and other. The Company operates in beauty products segment. The Company’s products are sold in over 150 countries and territories under brand names, including Estee Lauder, Aramis, Clinique, Prescriptives, Lab Series, Origins, Tommy Hilfiger, MAC, Kiton, La Mer, Bobbi Brown, Donna Karan New York, DKNY, Aveda, Jo Malone London, Bumble and bumble, Michael Kors, Darphin, Tom Ford, Smashbox, Ermenegildo Zegna, AERIN, Tory Burch, RODIN olio lusso, Le Labo, Editions de Parfums Frederic Malle, GLAMGLOW, By Kilian, BECCA and Too Faced.

Analyst Recommendations for Estee Lauder Companies, Inc. (The) (NYSE:EL)

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