Estee Lauder Companies, Inc. (The) (NYSE:EL) insider John Demsey sold 10,143 shares of the stock in a transaction on Monday, October 2nd. The stock was sold at an average price of $120.03, for a total transaction of $1,217,464.29. Following the completion of the sale, the insider now owns 22,962 shares in the company, valued at approximately $2,756,128.86. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

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

  • On Thursday, September 7th, John Demsey sold 8,048 shares of Estee Lauder Companies, Inc. (The) stock. The stock was sold at an average price of $107.87, for a total transaction of $868,137.76.

Estee Lauder Companies, Inc. (The) (NYSE:EL) last posted its quarterly earnings results on Wednesday, November 1st. The company reported $1.21 earnings per share for the quarter, topping the Zacks’ 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 business 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 company posted $0.85 EPS. The business’s revenue for the quarter was up 14.3% on a year-over-year basis.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Thursday, November 30th will be given a $0.38 dividend. The ex-dividend date is Wednesday, November 29th. This is a positive change from Estee Lauder Companies, Inc. (The)’s previous quarterly dividend of $0.34. This represents a $1.52 annualized dividend and a dividend yield of 1.36%. Estee Lauder Companies, Inc. (The)’s payout ratio is currently 40.60%.

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Several institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its position in shares of Estee Lauder Companies, Inc. (The) by 3.3% in the 2nd quarter. Vanguard Group Inc. now owns 15,286,591 shares of the company’s stock worth $1,467,207,000 after buying an additional 485,448 shares in the last quarter. BlackRock Inc. boosted its position in shares of Estee Lauder Companies, Inc. (The) by 7.4% in the 2nd quarter. BlackRock Inc. now owns 14,797,992 shares of the company’s stock worth $1,420,311,000 after buying an additional 1,022,956 shares in the last quarter. Janus Henderson Group PLC boosted its position in shares of Estee Lauder Companies, Inc. (The) by 1,676.9% in the 2nd quarter. Janus Henderson Group PLC now owns 4,695,498 shares of the company’s stock worth $450,675,000 after buying an additional 4,431,247 shares in the last quarter. Fundsmith LLP boosted its position in shares of Estee Lauder Companies, Inc. (The) by 3.2% in the 2nd quarter. Fundsmith LLP now owns 3,845,509 shares of the company’s stock worth $369,092,000 after buying an additional 118,489 shares in the last quarter. Finally, Northern Trust Corp boosted its position in shares of Estee Lauder Companies, Inc. (The) by 41.1% in the 2nd quarter. Northern Trust Corp now owns 3,732,174 shares of the company’s stock worth $358,214,000 after buying an additional 1,086,562 shares in the last quarter. Institutional investors and hedge funds own 54.89% of the company’s stock.

A number of brokerages recently issued reports on EL. Oppenheimer Holdings, Inc. reissued a “buy” rating and set a $120.00 price target (up from $110.00) on shares of Estee Lauder Companies, Inc. (The) in a report on Wednesday, September 20th. Royal Bank Of Canada set a $115.00 price target on shares of Estee Lauder Companies, Inc. (The) and gave the stock a “buy” rating in a report on Monday, October 23rd. Zacks Investment Research downgraded shares of Estee Lauder Companies, Inc. (The) from a “buy” rating to a “hold” rating in a report on Monday, August 21st. Jefferies Group LLC increased their price target on shares of Estee Lauder Companies, Inc. (The) from $112.00 to $122.00 and gave the stock a “hold” rating in a report on Thursday, September 7th. Finally, Piper Jaffray Companies set a $135.00 price target on shares of Estee Lauder Companies, Inc. (The) and gave the stock a “buy” rating in a report on Wednesday. One research analyst has rated the stock with a sell rating, seven have given a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $116.62.

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.

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

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