Estee Lauder Companies, Inc. (The) (EL) VP Sells $1,458,401.44 in Stock

Estee Lauder Companies, Inc. (The) (NYSE:EL) VP Sara E. Moss sold 14,552 shares of the company’s stock in a transaction on Monday, August 7th. The shares were sold at an average price of $100.22, for a total value of $1,458,401.44. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Shares of Estee Lauder Companies, Inc. (NYSE EL) opened at 105.92 on Friday. Estee Lauder Companies, Inc. has a one year low of $75.29 and a one year high of $106.45. The firm’s 50-day moving average price is $98.14 and its 200 day moving average price is $90.95. The stock has a market cap of $38.96 billion, a P/E ratio of 35.50 and a beta of 0.72.

Estee Lauder Companies, Inc. (The) (NYSE:EL) last announced its quarterly earnings data on Friday, August 18th. The company reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.43 by $0.08. Estee Lauder Companies, Inc. (The) had a return on equity of 33.40% and a net margin of 9.62%. The company had revenue of $2.89 billion during the quarter, compared to the consensus estimate of $2.86 billion. During the same quarter in the prior year, the firm earned $0.43 EPS. The company’s quarterly revenue was up 9.4% compared to the same quarter last year. Equities research analysts expect that Estee Lauder Companies, Inc. will post $3.40 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Stockholders of record on Thursday, August 31st will be given a dividend of $0.34 per share. The ex-dividend date is Tuesday, August 29th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 1.28%. Estee Lauder Companies, Inc. (The)’s dividend payout ratio (DPR) is presently 45.48%.

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Large investors have recently made changes to their positions in the stock. BlackRock Inc. increased its stake in shares of Estee Lauder Companies, Inc. (The) by 1,454.5% in the first quarter. BlackRock Inc. now owns 13,775,036 shares of the company’s stock worth $1,167,987,000 after buying an additional 12,888,915 shares during the period. Janus Henderson Group PLC increased its stake in shares of Estee Lauder Companies, Inc. (The) by 1,676.9% in the second 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 during the period. First Eagle Investment Management LLC bought a new stake in shares of Estee Lauder Companies, Inc. (The) during the second quarter worth approximately $186,061,000. Scopus Asset Management L.P. bought a new stake in shares of Estee Lauder Companies, Inc. (The) during the first quarter worth approximately $122,946,000. Finally, Alliancebernstein L.P. increased its stake in shares of Estee Lauder Companies, Inc. (The) by 284.2% in the first quarter. Alliancebernstein L.P. now owns 1,535,927 shares of the company’s stock worth $130,231,000 after buying an additional 1,136,203 shares during the period. Institutional investors own 55.38% of the company’s stock.

Several brokerages have issued reports on EL. Oppenheimer Holdings, Inc. restated an “outperform” rating and issued a $110.00 target price (up from $100.00) on shares of Estee Lauder Companies, Inc. (The) in a report on Thursday, August 10th. Royal Bank Of Canada set a $100.00 price target on Estee Lauder Companies, Inc. (The) and gave the company a “buy” rating in a research note on Wednesday, August 9th. Wells Fargo & Company reaffirmed a “buy” rating and issued a $112.00 price target on shares of Estee Lauder Companies, Inc. (The) in a research note on Friday, August 11th. Piper Jaffray Companies set a $95.00 price target on Estee Lauder Companies, Inc. (The) and gave the company a “buy” rating in a research note on Friday. Finally, Stifel Nicolaus set a $108.00 price target on Estee Lauder Companies, Inc. (The) and gave the company a “buy” rating in a research note on Friday. Two analysts have rated the stock with a sell rating, five have issued a hold rating and seventeen have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $100.83.

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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