Estee Lauder Companies, Inc. (The) (EL) PT Raised to $135.00

Estee Lauder Companies, Inc. (The) (NYSE:EL) had its target price hoisted by equities research analysts at Telsey Advisory Group from $125.00 to $135.00 in a report issued on Thursday. The firm currently has an “outperform” rating on the stock. Telsey Advisory Group’s price target would indicate a potential upside of 20.74% from the company’s current price.

Other equities analysts also recently issued research reports about the stock. Royal Bank Of Canada set a $100.00 price objective on shares of Estee Lauder Companies, Inc. (The) and gave the stock a “buy” rating in a research report on Wednesday, August 9th. BidaskClub upgraded shares of Estee Lauder Companies, Inc. (The) from a “hold” rating to a “buy” rating in a research report on Monday, July 31st. Deutsche Bank AG restated a “buy” rating and set a $108.00 price objective (up previously from $102.00) on shares of Estee Lauder Companies, Inc. (The) in a research report on Saturday, July 22nd. Stifel Nicolaus set a $108.00 price objective on shares of Estee Lauder Companies, Inc. (The) and gave the stock a “buy” rating in a research report on Friday, August 18th. Finally, Piper Jaffray Companies set a $95.00 price objective on shares of Estee Lauder Companies, Inc. (The) and gave the stock a “buy” rating in a research report on Friday, August 18th. One research analyst has rated the stock with a sell rating, six have given a hold rating, twenty have given a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $115.14.

Estee Lauder Companies, Inc. (The) (NYSE:EL) last released its quarterly earnings results on Thursday, November 2nd. The company reported $1.21 EPS for the quarter, beating the 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 firm had revenue of $3.27 billion during the quarter, compared to the consensus estimate of $3.16 billion. During the same quarter in the prior year, the firm earned $0.85 EPS. Estee Lauder Companies, Inc. (The)’s revenue for the quarter was up 14.3% on a year-over-year basis.

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In other Estee Lauder Companies, Inc. (The) news, EVP Gregory Polcer sold 25,000 shares of the company’s stock in a transaction dated Wednesday, October 4th. The shares were sold at an average price of $110.00, for a total value of $2,750,000.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Irvine O. Hockaday, Jr. sold 2,000 shares of the company’s stock in a transaction dated Friday, August 25th. The shares were sold at an average price of $105.41, for a total transaction of $210,820.00. Following the completion of the transaction, the director now owns 26,240 shares in the company, valued at $2,765,958.40. The disclosure for this sale can be found here. Over the last three months, insiders sold 580,641 shares of company stock worth $61,605,635. 16.24% of the stock is owned by corporate insiders.

Large investors have recently added to or reduced their stakes in the business. Lloyds Banking Group plc lifted its holdings in shares of Estee Lauder Companies, Inc. (The) by 1.4% during the 2nd quarter. Lloyds Banking Group plc now owns 1,887 shares of the company’s stock worth $181,000 after acquiring an additional 26 shares during the period. Moors & Cabot Inc. lifted its holdings in shares of Estee Lauder Companies, Inc. (The) by 1.1% during the 2nd quarter. Moors & Cabot Inc. now owns 3,825 shares of the company’s stock worth $365,000 after acquiring an additional 40 shares during the period. Glenview Trust Co lifted its holdings in shares of Estee Lauder Companies, Inc. (The) by 1.5% during the 2nd quarter. Glenview Trust Co now owns 2,744 shares of the company’s stock worth $263,000 after acquiring an additional 41 shares during the period. Cadence Capital Management LLC lifted its holdings in shares of Estee Lauder Companies, Inc. (The) by 0.7% during the 2nd quarter. Cadence Capital Management LLC now owns 5,662 shares of the company’s stock worth $543,000 after acquiring an additional 42 shares during the period. Finally, Williams Jones & Associates LLC lifted its holdings in shares of Estee Lauder Companies, Inc. (The) by 0.7% during the 2nd quarter. Williams Jones & Associates LLC now owns 6,865 shares of the company’s stock worth $659,000 after acquiring an additional 45 shares during the period. Institutional investors own 54.89% of the company’s stock.

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.

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