Insider Selling: Estee Lauder Companies Inc (EL) EVP Sells 6,525 Shares of Stock

Estee Lauder Companies Inc (NYSE:EL) EVP Carl P. Haney sold 6,525 shares of the company’s stock in a transaction on Monday, February 12th. The shares were sold at an average price of $137.52, for a total value of $897,318.00. Following the completion of the transaction, the executive vice president now directly owns 6,525 shares in the company, valued at $897,318. The sale was disclosed in a filing with the SEC, which is available through this link.

Estee Lauder Companies Inc (EL) traded up $2.23 on Wednesday, hitting $139.73. The stock had a trading volume of 1,687,833 shares, compared to its average volume of 1,874,085. The firm has a market cap of $51,450.00, a price-to-earnings ratio of 48.52, a P/E/G ratio of 2.43 and a beta of 0.74. Estee Lauder Companies Inc has a 12 month low of $81.69 and a 12 month high of $139.99. The company has a current ratio of 1.76, a quick ratio of 1.33 and a debt-to-equity ratio of 0.74.

Estee Lauder Companies (NYSE:EL) last released its earnings results on Friday, February 2nd. The company reported $1.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.44 by $0.08. Estee Lauder Companies had a return on equity of 34.86% and a net margin of 8.43%. The company had revenue of $3.74 billion for the quarter, compared to analyst estimates of $3.68 billion. During the same period in the prior year, the firm posted $1.22 EPS. Estee Lauder Companies’s quarterly revenue was up 16.7% on a year-over-year basis. equities analysts anticipate that Estee Lauder Companies Inc will post 4.36 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 15th. Investors of record on Wednesday, February 28th will be given a dividend of $0.38 per share. The ex-dividend date of this dividend is Tuesday, February 27th. This represents a $1.52 annualized dividend and a dividend yield of 1.09%. Estee Lauder Companies’s dividend payout ratio is currently 52.78%.

Hedge funds have recently made changes to their positions in the stock. Harvest Fund Management Co. Ltd bought a new stake in shares of Estee Lauder Companies during the 4th quarter worth $126,000. Cerebellum GP LLC bought a new stake in shares of Estee Lauder Companies during the 4th quarter worth $130,000. Parkside Financial Bank & Trust lifted its position in shares of Estee Lauder Companies by 126.1% during the 3rd quarter. Parkside Financial Bank & Trust now owns 1,135 shares of the company’s stock worth $123,000 after buying an additional 633 shares during the last quarter. Winslow Evans & Crocker Inc. lifted its position in shares of Estee Lauder Companies by 2,750.0% during the 4th quarter. Winslow Evans & Crocker Inc. now owns 1,140 shares of the company’s stock worth $145,000 after buying an additional 1,100 shares during the last quarter. Finally, CrestPoint Capital Management LLC bought a new stake in shares of Estee Lauder Companies during the 4th quarter worth $204,000. Institutional investors and hedge funds own 54.03% of the company’s stock.

A number of research analysts have commented on EL shares. Stifel Nicolaus upped their price objective on Estee Lauder Companies from $114.00 to $121.00 and gave the company a “buy” rating in a report on Thursday, October 19th. Royal Bank of Canada set a $115.00 price objective on Estee Lauder Companies and gave the company a “buy” rating in a report on Monday, October 23rd. Telsey Advisory Group upped their price objective on Estee Lauder Companies from $120.00 to $125.00 and gave the company an “outperform” rating in a report on Thursday, October 26th. Piper Jaffray Companies set a $135.00 price objective on Estee Lauder Companies and gave the company a “buy” rating in a report on Wednesday, November 1st. Finally, DA Davidson reaffirmed a “hold” rating and issued a $125.00 price objective on shares of Estee Lauder Companies in a report on Thursday, November 2nd. They noted that the move was a valuation call. Five equities research analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the company. Estee Lauder Companies currently has a consensus rating of “Buy” and a consensus target price of $128.57.

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Estee Lauder Companies 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 (NYSE:EL)

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