Shares of Estee Lauder Companies, Inc. (The) (NYSE:EL) have been assigned a consensus rating of “Buy” from the twenty-seven research firms that are presently covering the stock, MarketBeat reports. Six analysts have rated the stock with a hold rating, twenty have given a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $118.14.

EL has been the subject of a number of research analyst reports. Oppenheimer reiterated an “outperform” rating and issued a $110.00 price target (up from $100.00) on shares of Estee Lauder Companies in a research note on Thursday, August 10th. DA Davidson reiterated a “hold” rating and issued a $125.00 price target on shares of Estee Lauder Companies in a research note on Thursday, November 2nd. They noted that the move was a valuation call. BMO Capital Markets lifted their price target on shares of Estee Lauder Companies from $107.00 to $126.00 and gave the stock a “market perform” rating in a research note on Thursday, November 2nd. Royal Bank Of Canada set a $115.00 price target on shares of Estee Lauder Companies and gave the stock a “buy” rating in a research note on Monday, August 21st. Finally, Bank of America lifted their price target on shares of Estee Lauder Companies from $115.00 to $122.00 and gave the stock a “buy” rating in a research note on Friday, October 13th.

In other Estee Lauder Companies news, CFO Tracey Thomas Travis sold 5,469 shares of Estee Lauder Companies stock in a transaction that occurred on Friday, November 3rd. The shares were sold at an average price of $122.00, for a total transaction of $667,218.00. Following the transaction, the chief financial officer now owns 37,083 shares of the company’s stock, valued at $4,524,126. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Sara E. Moss sold 3,971 shares of Estee Lauder Companies stock in a transaction that occurred on Friday, September 8th. The shares were sold at an average price of $108.00, for a total transaction of $428,868.00. The disclosure for this sale can be found here. Insiders have sold 1,545,341 shares of company stock worth $192,346,172 in the last ninety days. Insiders own 16.24% of the company’s stock.

Several hedge funds have recently added to or reduced their stakes in the company. Lloyds Banking Group plc lifted its holdings in shares of Estee Lauder Companies by 1.4% in the second quarter. Lloyds Banking Group plc now owns 1,887 shares of the company’s stock worth $181,000 after buying an additional 26 shares in the last quarter. Moors & Cabot Inc. lifted its holdings in shares of Estee Lauder Companies by 1.1% in the second quarter. Moors & Cabot Inc. now owns 3,825 shares of the company’s stock worth $365,000 after buying an additional 40 shares in the last quarter. Glenview Trust Co lifted its holdings in shares of Estee Lauder Companies by 1.5% in the second quarter. Glenview Trust Co now owns 2,744 shares of the company’s stock worth $263,000 after buying an additional 41 shares in the last quarter. Cadence Capital Management LLC lifted its holdings in shares of Estee Lauder Companies by 0.7% in the second quarter. Cadence Capital Management LLC now owns 5,662 shares of the company’s stock worth $543,000 after buying an additional 42 shares in the last quarter. Finally, Williams Jones & Associates LLC lifted its holdings in shares of Estee Lauder Companies by 0.7% in the second quarter. Williams Jones & Associates LLC now owns 6,865 shares of the company’s stock worth $659,000 after buying an additional 45 shares in the last quarter. 53.87% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Estee Lauder Companies (EL) traded up $0.71 during mid-day trading on Thursday, hitting $125.18. 1,635,729 shares of the stock were exchanged, compared to its average volume of 1,926,185. Estee Lauder Companies has a 52-week low of $75.83 and a 52-week high of $126.99. The company has a market capitalization of $45,845.38, a price-to-earnings ratio of 32.34, a PEG ratio of 2.40 and a beta of 0.71. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.75 and a quick ratio of 1.27.

Estee Lauder Companies (NYSE:EL) last announced its quarterly earnings results on Wednesday, November 1st. The company reported $1.21 EPS for the quarter, topping analysts’ consensus estimates of $0.97 by $0.24. Estee Lauder Companies had a net margin of 11.30% and a return on equity of 33.64%. The firm had revenue of $3.27 billion during the quarter, compared to analyst estimates of $3.16 billion. During the same period in the previous year, the business posted $0.85 earnings per share. The business’s revenue for the quarter was up 14.3% on a year-over-year basis. sell-side analysts forecast that Estee Lauder Companies will post 4.16 EPS for the current year.

The company also recently declared 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. The ex-dividend date of this dividend is Wednesday, November 29th. This represents a $1.52 annualized dividend and a yield of 1.21%. This is an increase from Estee Lauder Companies’s previous quarterly dividend of $0.34. Estee Lauder Companies’s payout ratio is currently 41.08%.

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About Estee Lauder Companies

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 (NYSE:EL)

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