Estee Lauder Companies, Inc. (The) (NYSE:EL) insider John Demsey sold 8,048 shares of Estee Lauder Companies, Inc. (The) stock in a transaction that occurred on Thursday, September 7th. The stock was sold at an average price of $107.87, for a total value of $868,137.76. Following the completion of the transaction, the insider now owns 18,217 shares of the company’s stock, valued at approximately $1,965,067.79. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

John Demsey also recently made the following trade(s):

  • On Wednesday, June 14th, John Demsey sold 27,524 shares of Estee Lauder Companies, Inc. (The) stock. The stock was sold at an average price of $97.00, for a total value of $2,669,828.00.

Shares of Estee Lauder Companies, Inc. (NYSE:EL) traded up 0.15% during midday trading on Thursday, hitting $108.23. The company’s stock had a trading volume of 1,467,889 shares. Estee Lauder Companies, Inc. has a 12-month low of $75.29 and a 12-month high of $108.74. The firm has a market cap of $39.82 billion, a price-to-earnings ratio of 32.31 and a beta of 0.67. The firm has a 50-day moving average of $102.00 and a 200 day moving average of $93.13.

Estee Lauder Companies, Inc. (The) (NYSE:EL) last released its earnings results on Friday, August 18th. The company reported $0.51 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.43 by $0.08. The firm had revenue of $2.89 billion during the quarter, compared to analyst estimates of $2.86 billion. Estee Lauder Companies, Inc. (The) had a return on equity of 32.38% and a net margin of 10.56%. Estee Lauder Companies, Inc. (The)’s revenue was up 9.4% compared to the same quarter last year. During the same period last year, the business posted $0.43 earnings per share. On average, equities research analysts predict that Estee Lauder Companies, Inc. will post $3.96 EPS for the current fiscal year.

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

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A number of brokerages have recently commented on EL. Stifel Nicolaus dropped 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 lifted their target price on Estee Lauder Companies, Inc. (The) to $122.00 and gave the stock a “hold” rating in a report on Thursday. Oppenheimer Holdings, Inc. reiterated an “outperform” rating and issued 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 stock 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 investment analyst has rated the stock with a sell rating, five have assigned a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $108.59.

A number of large investors have recently added to or reduced their stakes in EL. Glen Harbor Capital Management LLC boosted its holdings in Estee Lauder Companies, Inc. (The) by 20.6% in the first quarter. Glen Harbor Capital Management LLC now owns 4,208 shares of the company’s stock valued at $357,000 after purchasing an additional 720 shares during the period. Tyers Asset Management LLC boosted its holdings in Estee Lauder Companies, Inc. (The) by 20.6% in the first quarter. Tyers Asset Management LLC now owns 5,786 shares of the company’s stock valued at $491,000 after purchasing an additional 990 shares during the period. First Trust Advisors LP boosted its holdings in Estee Lauder Companies, Inc. (The) by 26.4% in the first quarter. First Trust Advisors LP now owns 116,862 shares of the company’s stock valued at $9,909,000 after purchasing an additional 24,377 shares during the period. Flinton Capital Management LLC boosted its holdings in Estee Lauder Companies, Inc. (The) by 20.6% in the first quarter. Flinton Capital Management LLC now owns 7,364 shares of the company’s stock valued at $624,000 after purchasing an additional 1,260 shares during the period. Finally, Moody Lynn & Lieberson LLC purchased a new position in Estee Lauder Companies, Inc. (The) in the first quarter valued at $1,271,000. Hedge funds and other institutional investors own 54.63% of the company’s stock.

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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