Lande Rashida La Sells 5,564 Shares of Estee Lauder Companies (NYSE:EL) Stock

The Estee Lauder Companies Inc. (NYSE:EL) VP Lande Rashida La sold 5,564 shares of the business’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $99.55, for a total transaction of $553,896.20. Following the completion of the transaction, the vice president owned 5,564 shares in the company, valued at $553,896.20. The trade was a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Estee Lauder Companies Trading Down 0.4%

Shares of NYSE EL traded down $0.40 during midday trading on Tuesday, reaching $103.73. 1,236,920 shares of the stock were exchanged, compared to its average volume of 3,960,552. The stock has a market capitalization of $37.53 billion, a P/E ratio of 211.75, a PEG ratio of 0.97 and a beta of 1.25. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.90 and a current ratio of 1.22. The company has a 50 day simple moving average of $85.08 and a 200 day simple moving average of $86.33. The Estee Lauder Companies Inc. has a twelve month low of $66.22 and a twelve month high of $121.64.

Estee Lauder Companies (NYSE:EL) last released its quarterly earnings data on Wednesday, August 19th. The company reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.32 by $0.07. The firm had revenue of $3.64 billion for the quarter, compared to analysts’ expectations of $3.55 billion. Estee Lauder Companies had a return on equity of 23.52% and a net margin of 1.21%.The firm’s quarterly revenue was up 6.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.09 earnings per share. Estee Lauder Companies has set its FY 2027 guidance at 3.100-3.350 EPS. As a group, equities analysts expect that The Estee Lauder Companies Inc. will post 3.29 earnings per share for the current year.

Estee Lauder Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be given a dividend of $0.35 per share. The ex-dividend date is Monday, August 31st. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.3%. Estee Lauder Companies’s dividend payout ratio (DPR) is currently 285.71%.

Institutional Investors Weigh In On Estee Lauder Companies

Large investors have recently bought and sold shares of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Estee Lauder Companies by 4.8% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,898 shares of the company’s stock valued at $1,709,000 after purchasing an additional 1,177 shares in the last quarter. NewEdge Advisors LLC grew its holdings in Estee Lauder Companies by 33.4% during the 1st quarter. NewEdge Advisors LLC now owns 6,992 shares of the company’s stock worth $462,000 after acquiring an additional 1,749 shares in the last quarter. Empowered Funds LLC increased its position in shares of Estee Lauder Companies by 24.1% in the 1st quarter. Empowered Funds LLC now owns 4,619 shares of the company’s stock valued at $305,000 after purchasing an additional 898 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in shares of Estee Lauder Companies by 23.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 997 shares of the company’s stock valued at $81,000 after purchasing an additional 188 shares during the last quarter. Finally, First Trust Advisors LP raised its holdings in shares of Estee Lauder Companies by 55.5% in the 2nd quarter. First Trust Advisors LP now owns 13,522 shares of the company’s stock valued at $1,093,000 after purchasing an additional 4,826 shares in the last quarter. Hedge funds and other institutional investors own 55.15% of the company’s stock.

Analyst Ratings Changes

EL has been the topic of several recent analyst reports. Jefferies Financial Group upped their price objective on shares of Estee Lauder Companies from $88.00 to $100.00 and gave the stock a “hold” rating in a report on Thursday, August 20th. Royal Bank Of Canada reissued an “outperform” rating and issued a $111.00 target price on shares of Estee Lauder Companies in a research report on Monday, August 17th. UBS Group upped their price target on Estee Lauder Companies from $86.00 to $106.00 and gave the stock a “neutral” rating in a research note on Thursday, August 20th. B. Riley Financial reaffirmed a “neutral” rating and issued a $100.00 price objective (up from $85.00) on shares of Estee Lauder Companies in a research note on Thursday, August 20th. Finally, Weiss Ratings raised Estee Lauder Companies from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Estee Lauder Companies has an average rating of “Hold” and an average price target of $104.67.

About Estee Lauder Companies

Estée Lauder Companies Inc (NYSE: EL) is a global leader in prestige beauty that develops, manufactures and markets a broad portfolio of skincare, makeup, fragrance and hair care products. Founded in 1946 by Estée Lauder, the company has grown from a small family business into a multinational consumer-products enterprise headquartered in New York City. Its activities span product research and development, brand and product marketing, manufacturing and global distribution across multiple retail channels.

The company’s portfolio includes a mix of legacy and prestige brands that target different consumer segments and price points, with well-known names such as Estée Lauder, Clinique, MAC, La Mer and Jo Malone among others.