Estee Lauder Companies, Inc. (The) (NYSE:EL) EVP Carl P. Haney sold 9,139 shares of the company’s stock in a transaction that occurred on Wednesday, September 6th. The shares were sold at an average price of $108.00, for a total value of $987,012.00. Following the transaction, the executive vice president now owns 13,324 shares of the company’s stock, valued at approximately $1,438,992. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Estee Lauder Companies, Inc. (EL) traded up 0.15% during midday trading on Thursday, hitting $108.23. The stock had a trading volume of 1,467,889 shares. The stock has a market cap of $39.82 billion, a PE ratio of 32.31 and a beta of 0.67. The company’s 50 day moving average price is $102.00 and its 200-day moving average price is $93.13. Estee Lauder Companies, Inc. has a 52-week low of $75.29 and a 52-week high of $108.74.

Estee Lauder Companies, Inc. (The) (NYSE:EL) last announced its quarterly earnings data on Friday, August 18th. The company reported $0.51 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.43 by $0.08. Estee Lauder Companies, Inc. (The) had a return on equity of 32.38% and a net margin of 10.56%. The company had revenue of $2.89 billion for the quarter, compared to analyst estimates of $2.86 billion. During the same quarter in the previous year, the company earned $0.43 EPS. The firm’s revenue for the quarter was up 9.4% compared to the same quarter last year. Analysts forecast that Estee Lauder Companies, Inc. will post $3.96 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Thursday, August 31st will be issued a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a yield of 1.26%. The ex-dividend date of this dividend is Tuesday, August 29th. Estee Lauder Companies, Inc. (The)’s dividend payout ratio is presently 40.60%.

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A number of institutional investors and hedge funds have recently made changes to their positions in the business. Lloyds Banking Group plc boosted its holdings in Estee Lauder Companies, Inc. (The) by 1.4% in the 2nd quarter. Lloyds Banking Group plc now owns 1,887 shares of the company’s stock valued at $181,000 after purchasing an additional 26 shares in the last quarter. Moors & Cabot Inc. boosted its holdings in Estee Lauder Companies, Inc. (The) by 1.1% in the 2nd quarter. Moors & Cabot Inc. now owns 3,825 shares of the company’s stock valued at $365,000 after purchasing an additional 40 shares in the last quarter. Glenview Trust Co boosted its holdings in Estee Lauder Companies, Inc. (The) by 1.5% in the 2nd quarter. Glenview Trust Co now owns 2,744 shares of the company’s stock valued at $263,000 after purchasing an additional 41 shares in the last quarter. Cadence Capital Management LLC boosted its holdings in Estee Lauder Companies, Inc. (The) by 0.7% in the 2nd quarter. Cadence Capital Management LLC now owns 5,662 shares of the company’s stock valued at $543,000 after purchasing an additional 42 shares in the last quarter. Finally, Williams Jones & Associates LLC boosted its holdings in Estee Lauder Companies, Inc. (The) by 0.7% in the 2nd quarter. Williams Jones & Associates LLC now owns 6,865 shares of the company’s stock valued at $659,000 after purchasing an additional 45 shares in the last quarter. 54.63% of the stock is currently owned by institutional investors.

A number of equities analysts recently commented on the company. Stifel Nicolaus decreased their target price on Estee Lauder Companies, Inc. (The) from $108.00 to $98.00 and set a “buy” rating for the company in a report on Tuesday, June 6th. Jefferies Group LLC upped their target price on Estee Lauder Companies, Inc. (The) to $122.00 and gave the company a “hold” rating in a report on Thursday. Oppenheimer Holdings, Inc. restated an “outperform” rating and set a $110.00 target price (up previously from $100.00) on shares of Estee Lauder Companies, Inc. (The) in a report on Thursday, August 10th. Piper Jaffray Companies set a $95.00 target price on Estee Lauder Companies, Inc. (The) and gave the company a “buy” rating in a report on Friday, August 18th. Finally, Argus upgraded Estee Lauder Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $125.00 target price for the company in a report on Tuesday, August 22nd. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the company. Estee Lauder Companies, Inc. (The) has an average rating of “Buy” and an average target price of $108.59.

Estee Lauder Companies, Inc. (The) Company Profile

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.

Insider Buying and Selling by Quarter for Estee Lauder Companies, Inc. (The) (NYSE:EL)

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