Estee Lauder Companies, Inc. (The) (NYSE:EL) EVP Alexandra C. Trower sold 25,446 shares of Estee Lauder Companies, Inc. (The) stock in a transaction on Thursday, November 2nd. The stock was sold at an average price of $120.39, for a total transaction of $3,063,443.94. Following the completion of the transaction, the executive vice president now owns 7,732 shares in the company, valued at approximately $930,855.48. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Estee Lauder Companies, Inc. (The) (NYSE:EL) last issued its earnings results on Wednesday, November 1st. The company reported $1.21 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.97 by $0.24. Estee Lauder Companies, Inc. (The) had a net margin of 10.56% and a return on equity of 32.38%. The company had revenue of $3.27 billion for the quarter, compared to analysts’ expectations of $3.16 billion. During the same period in the prior year, the business earned $0.85 EPS. The firm’s quarterly revenue was up 14.3% on a year-over-year basis.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Thursday, November 30th will be issued a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a yield of 1.36%. This is a boost from Estee Lauder Companies, Inc. (The)’s previous quarterly dividend of $0.34. The ex-dividend date of this dividend is Wednesday, November 29th. Estee Lauder Companies, Inc. (The)’s dividend payout ratio is presently 40.60%.

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A number of institutional investors have recently modified their holdings of the business. Lloyds Banking Group plc grew its holdings in Estee Lauder Companies, Inc. (The) by 1.4% during the 2nd quarter. Lloyds Banking Group plc now owns 1,887 shares of the company’s stock worth $181,000 after acquiring an additional 26 shares in the last quarter. Moors & Cabot Inc. grew its holdings in Estee Lauder Companies, Inc. (The) by 1.1% during the 2nd quarter. Moors & Cabot Inc. now owns 3,825 shares of the company’s stock worth $365,000 after acquiring an additional 40 shares in the last quarter. Glenview Trust Co grew its holdings in Estee Lauder Companies, Inc. (The) by 1.5% during the 2nd quarter. Glenview Trust Co now owns 2,744 shares of the company’s stock worth $263,000 after acquiring an additional 41 shares in the last quarter. Cadence Capital Management LLC grew its holdings in Estee Lauder Companies, Inc. (The) by 0.7% during the 2nd quarter. Cadence Capital Management LLC now owns 5,662 shares of the company’s stock worth $543,000 after acquiring an additional 42 shares in the last quarter. Finally, Williams Jones & Associates LLC grew its holdings in Estee Lauder Companies, Inc. (The) by 0.7% during the 2nd quarter. Williams Jones & Associates LLC now owns 6,865 shares of the company’s stock worth $659,000 after acquiring an additional 45 shares in the last quarter. Institutional investors own 54.89% of the company’s stock.

A number of equities research analysts have issued reports on the stock. Telsey Advisory Group raised their price target on shares of Estee Lauder Companies, Inc. (The) from $125.00 to $135.00 and gave the stock an “outperform” rating in a report on Thursday. Argus raised their price target on shares of Estee Lauder Companies, Inc. (The) from $125.00 to $142.00 and gave the stock a “buy” rating in a report on Thursday. KeyCorp reissued an “overweight” rating and issued a $135.00 price target (up previously from $115.00) on shares of Estee Lauder Companies, Inc. (The) in a report on Thursday. They noted that the move was a valuation call. Oppenheimer Holdings, Inc. reissued an “outperform” rating and issued a $110.00 price target (up previously from $100.00) on shares of Estee Lauder Companies, Inc. (The) in a report on Thursday, August 10th. Finally, DA Davidson reissued a “hold” rating and issued a $125.00 price target on shares of Estee Lauder Companies, Inc. (The) in a report on Thursday. They noted that the move was a valuation call. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, nineteen have assigned a buy rating and one has given a strong buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $116.62.

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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