Estee Lauder Companies, Inc. (The) (NYSE:EL)‘s stock had its “outperform” rating reiterated by analysts at Royal Bank Of Canada in a research report issued on Friday. They presently have a $135.00 price target on the stock, up from their previous price target of $115.00.

Several other analysts also recently issued reports on EL. Jefferies Group LLC reissued a “buy” rating and set a $110.00 target price on shares of Estee Lauder Companies, Inc. (The) in a research note on Thursday, July 6th. Stifel Nicolaus set a $108.00 target price on shares of Estee Lauder Companies, Inc. (The) and gave the company a “buy” rating in a research note on Thursday, July 6th. Bank of America Corporation boosted their target price on shares of Estee Lauder Companies, Inc. (The) from $100.00 to $105.00 and gave the company a “buy” rating in a research note on Monday, July 10th. BidaskClub downgraded shares of Estee Lauder Companies, Inc. (The) from a “buy” rating to a “hold” rating in a research note on Wednesday, July 12th. Finally, Wells Fargo & Company reissued an “outperform” rating and set a $106.00 target price (up from $103.00) on shares of Estee Lauder Companies, Inc. (The) in a research note on Saturday, July 22nd. One analyst has rated the stock with a sell rating, seven have issued a hold rating, nineteen have assigned a buy rating and one has issued a strong buy rating to the stock. Estee Lauder Companies, Inc. (The) presently has an average rating of “Buy” and an average target price of $117.42.

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 (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.97 by $0.24. Estee Lauder Companies, Inc. (The) had a return on equity of 33.64% and a net margin of 11.30%. The company had revenue of $3.27 billion for the quarter, compared to analysts’ expectations of $3.16 billion. During the same quarter in the prior year, the company earned $0.85 earnings per share. The firm’s revenue was up 14.3% on a year-over-year basis.

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In other Estee Lauder Companies, Inc. (The) news, EVP Alexandra C. Trower sold 25,446 shares of the business’s stock in a transaction on Thursday, November 2nd. The shares were 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 of the company’s stock, valued at approximately $930,855.48. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Irvine O. Hockaday, Jr. sold 2,000 shares of the business’s stock in a transaction on Friday, August 25th. The stock was sold at an average price of $105.41, for a total transaction of $210,820.00. Following the transaction, the director now directly owns 26,240 shares of the company’s stock, valued at approximately $2,765,958.40. The disclosure for this sale can be found here. Insiders sold 616,230 shares of company stock valued at $65,886,543 over the last quarter. 16.24% of the stock is currently owned by corporate insiders.

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

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.

Analyst Recommendations for Estee Lauder Companies, Inc. (The) (NYSE:EL)

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