Estee Lauder Companies, Inc. (The) (NYSE:EL) EVP Michael O’hare sold 2,619 shares of the firm’s stock in a transaction dated Thursday, September 7th. The stock was sold at an average price of $108.56, for a total value of $284,318.64. Following the completion of the transaction, the executive vice president now owns 5,929 shares in the company, valued at $643,652.24. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Michael O’hare also recently made the following trade(s):

  • On Monday, August 21st, Michael O’hare sold 42,032 shares of Estee Lauder Companies, Inc. (The) stock. The shares were sold at an average price of $105.41, for a total value of $4,430,593.12.

Shares of Estee Lauder Companies, Inc. (EL) traded up 0.15% 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 P/E ratio of 32.31 and a beta of 0.67. The firm’s 50-day moving average is $102.00 and its 200 day moving average is $93.13. Estee Lauder Companies, Inc. has a 1-year low of $75.29 and a 1-year high of $108.74.

Estee Lauder Companies, Inc. (The) (NYSE:EL) last released its quarterly earnings data on Friday, August 18th. The company reported $0.51 earnings per share for the quarter, beating the 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 period in the prior year, the company posted $0.43 EPS. The company’s revenue was up 9.4% compared to the same quarter last year. Equities analysts forecast that Estee Lauder Companies, Inc. will post $3.96 EPS for the current year.

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

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Several hedge funds have recently added to or reduced their stakes in the company. Regents of The University of California bought a new stake in shares of Estee Lauder Companies, Inc. (The) in the 2nd quarter valued at approximately $3,206,000. Toronto Dominion Bank grew its stake in shares of Estee Lauder Companies, Inc. (The) by 26.4% in the 2nd quarter. Toronto Dominion Bank now owns 75,819 shares of the company’s stock valued at $7,276,000 after purchasing an additional 15,840 shares during the period. Archford Capital Strategies LLC grew its stake in shares of Estee Lauder Companies, Inc. (The) by 11,775.0% in the 2nd quarter. Archford Capital Strategies LLC now owns 6,650 shares of the company’s stock valued at $256,000 after purchasing an additional 6,594 shares during the period. Advisory Services Network LLC grew its stake in shares of Estee Lauder Companies, Inc. (The) by 213.2% in the 2nd quarter. Advisory Services Network LLC now owns 6,424 shares of the company’s stock valued at $617,000 after purchasing an additional 4,373 shares during the period. Finally, WINTON GROUP Ltd grew its stake in shares of Estee Lauder Companies, Inc. (The) by 32.1% in the 2nd quarter. WINTON GROUP Ltd now owns 128,798 shares of the company’s stock valued at $12,362,000 after purchasing an additional 31,261 shares during the period. Institutional investors own 54.63% of the company’s stock.

Several brokerages recently commented on EL. Jefferies Group LLC raised their target price on Estee Lauder Companies, Inc. (The) to $122.00 and gave the company a “hold” rating in a report on Thursday. Sanford C. Bernstein reiterated an “outperform” rating and set a $117.00 target price on shares of Estee Lauder Companies, Inc. (The) in a report on Tuesday, August 29th. Zacks Investment Research upgraded Estee Lauder Companies, Inc. (The) from a “hold” rating to a “strong-buy” rating and set a $122.00 target price on the stock in a report on Tuesday, August 22nd. Morgan Stanley reiterated an “overweight” rating and set a $122.00 target price (up from $106.00) on shares of Estee Lauder Companies, Inc. (The) in a report on Tuesday, August 22nd. Finally, Argus upgraded Estee Lauder Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $125.00 target price on the stock in a report on Tuesday, August 22nd. One analyst has rated the stock with a sell rating, five have assigned a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target 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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