Estee Lauder Companies, Inc. (The) (EL) Insider Sells $1,217,464.29 in Stock

Estee Lauder Companies, Inc. (The) (NYSE:EL) insider John Demsey sold 10,143 shares of the company’s stock in a transaction dated Monday, October 2nd. The stock was sold at an average price of $120.03, for a total value of $1,217,464.29. Following the transaction, the insider now directly owns 22,962 shares of the company’s stock, valued at $2,756,128.86. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

John Demsey also recently made the following trade(s):

  • On Thursday, September 7th, John Demsey sold 8,048 shares of Estee Lauder Companies, Inc. (The) stock. The stock was sold at an average price of $107.87, for a total value of $868,137.76.

Shares of Estee Lauder Companies, Inc. (NYSE EL) opened at $121.71 on Friday. The stock has a market capitalization of $44,783.80, a P/E ratio of 31.61, a PEG ratio of 2.42 and a beta of 0.68. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.75 and a quick ratio of 1.23. Estee Lauder Companies, Inc. has a 52-week low of $75.29 and a 52-week high of $124.80.

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

The company also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Thursday, November 30th will be paid a dividend of $0.38 per share. The ex-dividend date of this dividend is Wednesday, November 29th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.25%. This is a positive change from Estee Lauder Companies, Inc. (The)’s previous quarterly dividend of $0.34. Estee Lauder Companies, Inc. (The)’s dividend payout ratio (DPR) is 36.76%.

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Several research analysts have recently weighed in on the company. Piper Jaffray Companies set a $135.00 price objective on Estee Lauder Companies, Inc. (The) and gave the stock a “buy” rating in a research report on Wednesday. DA Davidson reaffirmed a “hold” rating and set a $125.00 price objective on shares of Estee Lauder Companies, Inc. (The) in a research report on Thursday. They noted that the move was a valuation call. BMO Capital Markets upped their price objective on Estee Lauder Companies, Inc. (The) from $107.00 to $126.00 and gave the stock a “market perform” rating in a research report on Thursday. Telsey Advisory Group upped their price objective on Estee Lauder Companies, Inc. (The) from $125.00 to $135.00 and gave the stock an “outperform” rating in a research report on Thursday. Finally, KeyCorp reaffirmed an “overweight” rating and set a $135.00 price objective (up from $115.00) on shares of Estee Lauder Companies, Inc. (The) in a research report on Thursday. They noted that the move was a valuation call. Seven analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $117.42.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in shares of Estee Lauder Companies, Inc. (The) by 3.3% during the second quarter. Vanguard Group Inc. now owns 15,286,591 shares of the company’s stock worth $1,467,207,000 after purchasing an additional 485,448 shares during the period. BlackRock Inc. increased its stake in shares of Estee Lauder Companies, Inc. (The) by 7.4% during the second quarter. BlackRock Inc. now owns 14,797,992 shares of the company’s stock worth $1,420,311,000 after purchasing an additional 1,022,956 shares during the period. Jennison Associates LLC bought a new position in shares of Estee Lauder Companies, Inc. (The) during the third quarter worth approximately $664,432,000. Janus Henderson Group PLC increased its stake in shares of Estee Lauder Companies, Inc. (The) by 1,676.9% during the second quarter. Janus Henderson Group PLC now owns 4,695,498 shares of the company’s stock worth $450,675,000 after purchasing an additional 4,431,247 shares during the period. Finally, Fundsmith LLP increased its stake in shares of Estee Lauder Companies, Inc. (The) by 3.2% during the second quarter. Fundsmith LLP now owns 3,845,509 shares of the company’s stock worth $369,092,000 after purchasing an additional 118,489 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.

Insider Buying and Selling by Quarter for Estee Lauder Companies, Inc. (The) (NYSE:EL)

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